View Single Post
  #52   Report Post  
Posted to misc.consumers.frugal-living,rec.crafts.metalworking,misc.survivalism,alt.politics
Rod Speed
 
Posts: n/a
Default OT - Betting On Social Security?

Jet Graphics wrote
Rod Speed wrote


The vast majority of wealth in America
in private hands is inherited wealth.


Wrong, the vast bulk of it has been accumulated by the individual,
and is the house they are paying off and their retirement savings.


Actually, both are incorrect.


Nope.

Under socialism (thanks to FICA/SocSec), there
is no "private property" (owned absolutely).


Wrong.

And as a "contributor" under FICA, you are bankrupted.


Wrong again.

For example, contact the IRS or the Federal Reserve and ask
what the par value is for a Federal Reserve Note (aka "dollar bill").


The answer is : "No par value" (worthless).


Mindlessly silly, and that clearly aint true with a paid off house anyway.

So you wonder, "How did a worthless
piece of paper become 'legal tender'?"


Its a convenient way of doing a currency, stupid.

reams of mindless raving about currency notes flushed where it belongs

Most arent stupid enough to keep much of their wealth in currency notes.

There is no security in Social Security,


Most arent stupid enough to rely in that for their time past working.

and robbery is not social behavior.


We have different words for a reason, stupid.

reams of mindless raving flushed where it belongs