To: WhiteGuy
Correct. SS is a pay-as-you-go plan with the pretense of holding "accounts" for the users. This is commonly known as a "Ponzi Scheme" in contrast to Medicare which is a chain letter.
31 posted on
01/06/2004 8:46:08 AM PST by
Doctor Stochastic
(Vegetabilisch = chaotisch is der Charakter der Modernen. - Friedrich Schlegel)
To: Doctor Stochastic
Chain letter.........HA
Next I guess the Treasury Department will be sending a cut-and-past version of the Nigerian scam letter asking for banking info............
32 posted on
01/06/2004 8:48:43 AM PST by
WhiteGuy
(Congress shall make no law... abridging the freedom of speech, or of the press...)
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