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To: MurryMom
MurryMom, Social Security does one of two things: it either pays people more money than they contributed, a deficit financed by current payors which will only persist as long as their are more net payors than net consumers (this is also known as a Ponzi Scheme), or it pays people less money than they contributed, which is outright theft. Since its inception, the system has never had a surplus. The few times it has, the trustees promptly converted the excess receipts into Treasury Department IOU's that are losing worth faster than granddad's Confederate dollars.

You are right to criticize Bush. The only reform he should propose is to shut this con game down, satisfying all outstanding obligations with the sale of government assets, including the personal assets of high-level government employees. In his defense though, he probably figures that he has no choice, given the electorate's belief that they can live off everybody else.

I'll hold my breath for your reply. (Gasp, choke, turning purple...)

32 posted on 01/03/2002 1:02:53 PM PST by SteamshipTime
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To: SteamshipTime
You are right to criticize Bush. The only reform he should propose is to shut this con game down, satisfying all outstanding obligations with the sale of government assets, including the personal assets of high-level government employees.

Show me a political party willing to run on this platform, and I'll show you a political party certain to be defeated in that election.

In his defense though, he probably figures that he has no choice, given the electorate's belief that they can live off everybody else.

IOW, GWB is a good liar, but he's our liar so we are obligated to love the lying SOB.

39 posted on 01/03/2002 1:37:03 PM PST by MurryMom
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