On Sun, 15 Feb 2015 07:06:56 +0000 (UTC), Baxter
wrote:

wrote in :

On Sat, 14 Feb 2015 22:51:49 +0000 (UTC), Baxter
wrote:

Swingman wrote in
news:b7idnQzJrMIrzELJnZ2dnUVZ5rSdnZ2d@giganews. com:

On 2/14/2015 7:40 AM, Keith Nuttle wrote:

The Social Security Insurance program in my
opinion was a very poor investment.

A Ponzi scheme, by any definition of the term.

By your definition, ALL insurance is a "Ponzi scheme".

Of course not. That's a wicked case of moral equivalence, you have
there.

SS is set up and works exactly the same as private insurance. Charges of
"ponzi scheme" have been around almost since it's inception and are not nor
have they ever been true. "Ponzi scheme" is propaganda put out by the
enemies of SS - mostly people that want to get their hands on that pool of
money.

Absolute leftist poppycock! The payments are progressive. The less
you make and the fewer years paid, the more, proportionally, the
payout. Insurance has a flat payback. You can buy as much as you
have need for. Insurance premiums are invested in securities. The
payout is taken from those securities, *NOT* the current customers.
Insurance companies don't blow the early premiums then try to make
good on it later on the current crop of suckers (ponzi scheme
defined).

It's not just that you lefties are so farking stupid, it's just that
so much of what you know is complete bull****.
- what Reagan should have said




You lefties really have a lot to learn.