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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (628006)	9/13/2011 9:12:00 PM
From: Brumar89	2 Recommendations Respond to of 1578010

Hey, now, real Ponzi schemes are voluntary ... with social security you don't have a choice not to participate.

To: steve harris who wrote (628006)	9/13/2011 9:18:35 PM
From: Brumar89	3 Recommendations Read Replies (3) \| Respond to of 1578010

They've got an attackwatch site for Obama: my.barackobama.com I reported an attack: a rumor I heard from _____ in _____ that Obama had created no jobs. I told attackwatch I set them straight, that Obama had created loads of jobs in China! I'll see what kind of email I start getting now. I did a few versions of this: One where someone said Obama was gay, and I straightened them out with the news he was bi, not gay. Another where I said someone said Obama was a speed freak and I told them he was a pot and crack head instead.

To: steve harris who wrote (628006)	9/13/2011 9:27:01 PM
From: TopCat	5 Recommendations Read Replies (1) \| Respond to of 1578010

"Contribution levels will have to be raised in order to avoid future benefit cuts, but......." "It is true that benefits to current Social Security recipients are paid for in part by new members of the workforce. But........" So...everything Perry said is true, but...... Duh...

To: steve harris who wrote (628006)	9/13/2011 9:38:41 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1578010

Steve, > Can you imagine being paid to dream up this shit to deflect reality? It's not hard to imagine. Plenty of liberals on this very thread do it for free. Nice of CNN to spout the government line on whether SS is a Ponzi Scheme or not: > As for Perry's characterization of Social Security as a "Ponzi scheme," the Securities and Exchange Commission defines such a scheme as "an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors." > It is true that benefits to current Social Security recipients are paid for in part by new members of the workforce. But Social Security is not a fraudulent criminal enterprise designed only to benefit current participants in the program. It is a legitimate government program meant to serve both current and future generations of retirees. Really? How is SS going to "serve" me if my contributions will eventually have to be raised, but my future benefits will not? Putting that money away in an interest-bearing account would give me better returns. CNN should also state that the SS "trust fund" is a complete myth, but they don't. All the government is doing is converting its own IOUs into publicly-held debt. There is nothing to "exhaust" in the first place. That by itself should be classified as a "fraudulent criminal enterprise designed only to benefit current participants in the program." Tenchusatsu