Terrorism in America

[Guisslapp]

Just a temporary problem due to the baby boomers. Longer term, the system will be ok.

Big difference between a pyramid scheme and social security. A pyramid scheme is a scam whereas social security is an insurance program.

The days of 16:1, even 4:1, contributors:beneficiaries are long gone. People are living longer, the gap between generations is growing, successful people (people who put the most into the system per capita) are waiting longer to have kids and having fewer of them and the opposite is true on the other side of the spectrum.

[saltydawg]

The days of 16:1, even 4:1, contributors:beneficiaries are long gone. People are living longer, the gap between generations is growing, successful people (people who put the most into the system per capita) are waiting longer to have kids and having fewer of them and the opposite is true on the other side of the spectrum.

So what is your point? That the social security system has to change to survive? That it is unfair to the most successful in our society?

[mildawg]

So what is your point? That the social security system has to change to survive? That it is unfair to the most successful in our society?

What's his point? His point is:

[dhussdawg]

Just a temporary problem due to the baby boomers. Longer term, the system will be ok.

Big difference between a pyramid scheme and social security. A pyramid scheme is a scam whereas social security is an insurance program.

Big difference between SS and insurance is that insurance takes into account risk metrics and makes people pay their part of the risk, in order to stay viable. SS, like most government programs, ignores risk (they try, but the risk changes too quickly for them). Not to mention, you have no choice in the matter, which is completely unAmerican. If you are bad with your money (eg Salty), you can join SS. I would pass if I had the choice because I know how markets work and what to expect.

Reminds me of something else Obama is trying to do, oh yeh, Health/Medical insurance. Just ignore the risk, dont make unhealthy people pay more. Make those that pose least risk to the system pay more. That is a great idea!!!

[TYLERTECHSAS]

A pyramid scheme is a scam

Big difference between SS and insurance is that insurance takes into account risk metrics and makes people pay their part of the risk, in order to stay viable. SS, like most government programs, ignores risk (they try, but the risk changes too quickly for them). Not to mention, you have no choice in the matter, which is completely unAmerican. If you are bad with your money (eg Salty), you can join SS. I would pass if I had the choice because I know how markets work and what to expect.

Reminds me of something else Obama is trying to do, oh yeh, Health/Medical insurance. Just ignore the risk, dont make unhealthy people pay more. Make those that pose least risk to the system pay more. That is a great idea!!!

Every proposal of Nobama's and the libs is a pyramid scheme. Think about it.

[TYLERTECHSAS]

Salty is a study in contradictions. Going back to his posts from 2005 until today, he has been a devout liberal and a conservative. He's been wealthy and just an average joe. He's a complete fraud who is doing nothing but yanking everyone's chain. The only consistent thing about his posts are their inconsistency. Troll.

1000% dead on post!

[ddgravy]

1000% dead on post!

2000% chain jerker, fraud:icon_wink:

[saltydawg]

2000% chain jerker, fraud:icon_wink:

Bullshit. I'm a wealthy, frugal Joe six-pack. I'm a liberal conservative.

You guys live too much in a pigeon-hole.

It's not my fault that you all can't think outside the box.

Yeah, and I'm still in love with Annette.

[saltydawg]

Big difference between SS and insurance is that insurance takes into account risk metrics and makes people pay their part of the risk, in order to stay viable. SS, like most government programs, ignores risk (they try, but the risk changes too quickly for them). Not to mention, you have no choice in the matter, which is completely unAmerican. If you are bad with your money (eg Salty), you can join SS. I would pass if I had the choice because I know how markets work and what to expect.

Reminds me of something else Obama is trying to do, oh yeh, Health/Medical insurance. Just ignore the risk, dont make unhealthy people pay more. Make those that pose least risk to the system pay more. That is a great idea!!!

You don't know what your are talking about.

[dhussdawg]

You don't know what your are talking about.

I will take that as a compliment coming from the most clueless person on this forum...

[mildawg]

You don't know what your are talking about.

Who's your daddy? He is:

[hoppinmad]

Bullshit. I'm a wealthy, frugal Joe six-pack. I'm a liberal conservative.

You guys live too much in a pigeon-hole.

It's not my fault that you all can't think outside the box.

Yeah, and I'm still in love with Annette.

Most wealthy people aren't out there shopping around for ten goats to keep their lawn mowed and the red tips pruned.

[saltydawg]

Most wealthy people aren't out there shopping around for ten goats to keep their lawn mowed and the red tips pruned.

Methinks the key word is frugal. After all, I am a fiscal conservative.

[hoppinmad]

Methinks the key word is frugal. After all, I am a fiscal conservative.

Methinks you're right about the key word....well done!

[saltydawg]

Big difference between SS and insurance is that insurance takes into account risk metrics and makes people pay their part of the risk, in order to stay viable. SS, like most government programs, ignores risk (they try, but the risk changes too quickly for them). Not to mention, you have no choice in the matter, which is completely unAmerican. If you are bad with your money (eg Salty), you can join SS. I would pass if I had the choice because I know how markets work and what to expect.

Reminds me of something else Obama is trying to do, oh yeh, Health/Medical insurance. Just ignore the risk, dont make unhealthy people pay more. Make those that pose least risk to the system pay more. That is a great idea!!!

Private insurance companies try to make a profit. A social insurance program like social security does NOT have to make a profit. The government self-insures itself. I don't know what risk you are talking about with regards to Social Security since actuaries constantly evaluate the system.

As for your statement that it is unamerican to force people to participate in Social Security, that is just a load of BS. Americans are force to do things everyday by their government. What you are saying is that Government is unamerican.

What in the world gave you the idea that I'm "bad" with my money. Glad to hear that you know how markets work.