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View Poll Results: Should Medicare be eliminated?
Yes, Medicare should be eliminated. The elderly should provide their own health care. 2 8.33%
Yes, Medicare should be eliminated, but privatized and largely subsidized by the government 2 8.33%
Yes, Medicare should be eliminated, but privatized and barely subsidized by the government. 2 8.33%
No, Medicare should stay as it is now, continue lowering costs, bargaining for drug deals, etc. 10 41.67%
No, Medicare should be expanded, everyone can buy in, single payer health ins. for all. 8 33.33%
Voters: 24. You may not vote on this poll

 
 
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Old 04-11-2011, 07:49 AM
joeydb's Avatar
joeydb joeydb is offline
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Join Date: Jun 2007
Location: Southeastern PA
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Quote:
Originally Posted by GenuineRisk View Post
Social Security isn't a Ponzi scheme.
Sure it is.

If it looks like a duck, walks like a duck, and quacks like a duck, it is, for all intents and purposes, a duck.

It was mathematically doomed to fail from the moment it was started. That's what makes it a Ponzi scheme. I'd say that if it was a Republican idea too. It's just a BAD idea. I'm not calling it a Ponzi scheme for any political motives.

I'm angry that I'm being forced to support a program that is doomed to fail, most likely before I get a penny. Even if it continues, I lose money that I worked for. It's a federally mandated absurity. I'd rather put that same amount of money toward another retirement fund that will actually yield a gain.

The program is a loser. Note the NEGATIVE lifetime "benefits" shown in the graph below. Wake up. It's time to kill this monstrous leech.


If they said tomorrow that I could opt out so long as I didn't just keep that money as net pay to spend, but that I had to select an investment program, I'd be all for it.
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