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Old 07-13-2011, 09:40 AM
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dellinger63 dellinger63 is offline
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Originally Posted by Riot View Post
You seriously haven't got a clue. You just contradicted your own original question, along with neglecting to realize you duplicated something I said. While demonstrating again, with your "ponzi" comment, that you don't even understand how SS is set up to work.

Pretty good toll for two sentences.

You make me want to support a poll tax.
If the SS tax was eliminated today how long would it be solvent? The SS administration is a PERFECT example of a Ponzi scheme in that without new investors (chumps) it would cease to exist. I suppose IOU's could still be sent out as they have plenty of them.

As I've said before. Government has NO business being involved in retirement planning and or a lot of other areas, period!
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Old 07-13-2011, 10:37 AM
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Riot Riot is offline
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Originally Posted by dellinger63 View Post
If the SS tax was eliminated today how long would it be solvent? The SS administration is a PERFECT example of a Ponzi scheme in that without new investors (chumps) it would cease to exist. I suppose IOU's could still be sent out as they have plenty of them.

As I've said before. Government has NO business being involved in retirement planning and or a lot of other areas, period!
Demonstrates zero understanding of how social security was set up and why it was set up that way. Suspects he's uncovered a magical secret!
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