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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (240879)	3/14/2010 8:30:34 PM
From: ChanceIs	Read Replies (2) \| Respond to of 306849

An attorney buddy of mine explained it this (somewhat disrespectful) way. "Look. Old people play shuffleboard and vote." He is correct. No doubt about it. MISH is having fun tilting at the unions - especially at the teachers. But you can through in the municipal and fireworkers, etc. Yes - I know you want a raise. We don't have money to pay your current wage. Maybe you can go collect it from the taxpayers yourself. I guess in the end it will be he who has the most votes. I would place money on the old crowd beating out the unions for that increasingly vanishing pie. __________________________________________ Edit: Let me cast social security in a different light. I have always been fascinated by the law surrounding financial scams in general. I am about 90% sure that if you took money (to include profits and principle) out of Madoff's fund sometime - say within three years - of the bankruptcy, that the government and/or civil plaintiffs could collect against you. As in - give all of your profits back, and take a proportional share of the loss. You might say .... but...but...but...I spent it, or I lost it somewhere else. Tough darts. You might say...I smelled that little rat Madoff out three years ago. It isn't my fault that the other investors weren't so clever. Let them do their homework. Again - tough darts. So what will the government do to those who are legally entitled to and/or have received Social Security "benefits." Hey!!!! You should have known that we were running a Ponzi scheme, and this is what jurisprudence dictates - give it back because we are spreading the loss across the whole pool of participants. You are going to have to share your losses with the younger workers who weren't as clever as you were to have been born a decade earlier. That would be just but it wouldn't happen. Strictly an issue of the polling box.