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Thread: Social Security to start cashing Uncle Sam's IOUs

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  1. #1
    Nobody expects the Senior Member Lemur's Avatar
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    Default Re: Social Security to start cashing Uncle Sam's IOUs

    Quote Originally Posted by drone View Post
    Ponzi scheme, at the point of a gun.
    I object to the "at the point of the gun" bit of rhetoric. All laws are guaranteed, ultimately, by the threat of force. So I'm more than a little over the "guvmint forcing me" bit of tub-thumping.

    You can't jaywalk ... at the point of a gun!

    Meat gets inspected at packing plants ... at the point of a gun!

    Show your ID at the airport .. at the point of a gun!

    Etc.

  2. #2

    Default Re: Social Security to start cashing Uncle Sam's IOUs

    Quote Originally Posted by Strike For The South View Post
    Well maybe, but why should I have a moral obligation to an old man who wasted his money on whiskey and whores instead of saving?
    wasted?

    Quote Originally Posted by Lemur View Post
    I object to the "at the point of the gun" bit of rhetoric. All laws are guaranteed, ultimately, by the threat of force. So I'm more than a little over the "guvmint forcing me" bit of tub-thumping.
    Ponzi schemes usually aren't "at the point of a gun" though.

  3. #3
    Needs more flowers Moderator drone's Avatar
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    Default Re: Social Security to start cashing Uncle Sam's IOUs

    Quote Originally Posted by Sasaki Kojiro View Post
    Ponzi schemes usually aren't "at the point of a gun" though.


    Edit-> I don't think I would really be too pissed off about FICA if they would drop the charade and just call it an employment tax. Dangling the false carrot about funding my retirement is just too far. I have never had any illusions about Social Security's financial future, I've been pumping the maximum allowable amount into my 401k for almost 20 years. If I get a little beer money from the federal government at 65, I will be surprised.
    Last edited by drone; 03-17-2010 at 21:17.
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