To: Kaslin
What such a move would do is transform the system from a mimicry of private pensions to a straight welfare program, taking from richer people and giving to the poorer. Any pretense that the Social Security System was one of paying our own way would go out the window. The founders of SS knew from the beginning that it would inevitably morph into what it has become, it was never anything but a ponzi scheme.
2 posted on
11/25/2007 5:29:55 AM PST by
ontap
(Just another backstabbing conservative)
To: ontap
Ponzi did jail time for his scheme, yet Roosevelt is revered as the one of the greatest presidents.
7 posted on
11/25/2007 5:45:33 AM PST by
Ouderkirk
(Don't you think it's interesting how death and destruction seems to happen wherever Muslims gather.)
To: ontap
I believe the first recipient of an SS check had paid less than $21 into the system, but over the rest of her life, collected over $20,000.
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