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To: Dukie
Thanks for the ping. If the Federal government had to produce financial statements as required by the SEC for publicly traded companies, it would be rated a "sell" by every analyst. Just with Social Security alone, it is the ultimate Ponzi scheme. Enron is nothing compared to their fiscal malfeasance. I am only 33 but have planned for my retirement by completely excluding SS. If I get it, great, I'll be able to eat at McDonalds once more a month.
12 posted on 02/20/2002 4:48:32 AM PST by Wyatt's Torch
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To: Wyatt's Torch
You're welcome, Wyatt. I've few years on you at 45 but I've adopted the same outlook. The danger is that the falling tide precipitated by such malfesance will swamp all boats.
16 posted on 02/20/2002 4:59:32 AM PST by Dukie
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To: Wyatt's Torch
"Just with Social Security alone, it is the ultimate Ponzi scheme."

The only possible 'plan' for keeping Social Security afloat has to include reduced benefits, later benefits, OR a planned reduction in beneficiaries.

Increased taxation will not be an option unless our children are completely 'sold' on being without liberty.

25 posted on 02/20/2002 5:47:30 AM PST by d14truth
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