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To: muawiyah

End social security first and then we can talk about asset divestiture.

I have no problem with selling off land and assets of the state in order to repay the obligation. It’s far fairer than continuing the ponzi scheme.

However, are you sure you want this? You’d get out exactly what you put in, no more no less. Most folks who are already collecting have collected far in excess to what they paid. You wouldn’t get very much out since there’s no obligation to account for inflation.


102 posted on 07/11/2012 3:51:04 AM PDT by JCBreckenridge (Texas, Texas, Whisky)
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To: JCBreckenridge
I was targeting the folks who think the whole Social Security thing can be forgotten without consequences.

Besides widespread looting, rioting, robbery and murder one of the problems is the members of Congress would find themselves without homes, families or safety.

I really doubt anarchy is the route anyone wants to take.

On the other hand, the US government owns land with resources.

Somebody forgot to pay attention to Newt Gingrich. He identified a single chunk of federal land where the anticipated royalties for oil extraction from proven reserves is well over $100 trillion.

A debtor with that kind of asset has no excuse for not paying his bills.

103 posted on 07/11/2012 5:19:28 AM PDT by muawiyah
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To: JCBreckenridge
You wouldn’t get very much out since there’s no obligation to account for inflation.

I'd take it in a heartbeat.

About a quarter mil.

112 posted on 07/11/2012 8:21:28 AM PDT by nascarnation
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