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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (53223)2/9/2006 1:14:53 PM
From: GraceZ  Read Replies (1) | Respond to of 110194
 
Adverse selection is not a good enough reason to compel me, against my will, to buy a grossly inferior solution to a solvable problem.

The government created this incentive trap and now you want to force me into continuing to pay into it. Its a Ponzi scheme. If a company in the private sector tried to offer a retirement annuity which was funded the same way SS is they would have been indicted for fraud by now.