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

To: combjelly who wrote (748973)	10/23/2013 7:01:05 PM
From: i-node	1 Recommendation Recommended By FJB Respond to of 1573695

>> It would place an enormous burden on working people without these programs. Not nearly the burden it is placing on young, working people, their children, and grandchildren. It is morally bankrupt to borrow against these individuals' futures, some of whom are as yet unborn. Do you think the ~50 Trillion that is needed TODAY to fund Medicare for the lifetimes of today's high school graduates is just going to materialize out of thin air? It isn't. It will be sucked out of the future standards of living of people who are already going to have tough lives because of increasing tax burdens, inability to afford university educations (a direct result of government meddling) and a general inability to obtain meaningful jobs. Medicare is a "solution" for old people today at the expense of future generations and there is no way this is morally justifiable. As to SS as a Ponzi Scheme, if you look at the definition of Ponzi Scheme you will find NO DIFFERENCE between SS and that definition other than a Ponzi Scheme is, by definition, illegal as fraud.

To: combjelly who wrote (748973)	10/23/2013 11:34:31 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1573695

CJ, It isn't a Ponzi scheme. Ask anyone who is dependent on SS. They will tell you that they paid into the system; therefore they should get their due benefits. Only problem is that what they paid into the system already went to the previous generation. I already know that what I'm paying into SS is going directly to the Baby Boomers. If SS runs out of money when I retire, guess what? We'll just make up for it by raising the tax on the generations below me. It is indeed a Ponzi scheme. That's why I can't opt out if I wanted to. The system needs my money to pay off the Baby Boomers. Just ask Bentway, who only tries to troll me with that fact every time he's backed into a corner. Tenchusatsu