SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (33904)5/19/2003 12:05:59 AM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<Mixed economies? Why don't you just say old european non-performing economies, and younger (HUNGRIER) performing economies??>

To be fair no one is starving over there... I'm not a fan of his extremism, but jeeez. I think there are better examples of 'non-performing'. You may use 'underperforming' if you wish -ggg-

DAK



To: Hawkmoon who wrote (33904)5/19/2003 12:58:53 AM
From: Raymond Duray  Read Replies (3) | Respond to of 74559
 
Hawkmoon,

It's rather hopeless to argue with an anti-dirigiste dissembler like you. But you need to be b_tch-slapped with reality.

Re: But most of that money goes to the infrastructure and personal salaries of the offices and workers required to operate the welfare system.

Now it's not likely you are going to be willing to face reality, but let me slap you upside the head here. Social Security is one of the best administered program in the nation. If you compare its administrative burden to the alternatives, it is a model of efficiency and honesty.

Look at the alternatives that George Bush the Lesser proposes for us. He'd like to shred Social Security and replace it with a religious charity model. Here's a premonition for you about what this scam is all about. Pat Robertson used his TV evangelism/huckster show "The 700 Club" to secure money from those who wanted a comfortable seat in heaven. He took this money, claiming that it was to be used for charitable works in Central Africa, during one season of on-air pitches. What come of it? Robertson collected millions of dollars from the "faithful". What did he do with it? After one "mercy" flight that proved the concept wrong, he diverted the plane and the profits of his proselytizing into the promotion and production of a diamond mine he just happened to have an interest in in Central Africa. At least he squandered the money on the same continent the "faithful" thought their funds were going to.

Source: Greg Palast -- "The Best Democracy Money Can Buy".

*******
So Hawk, when you rail against a wonderful system of compassionate caring like Social Security, what are you offering in its stead? Fraud?

Is that your idea of progress?