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Social Security - The Great Ponzi Scheme
http://papundits.wordpress.com/ 2008/ 04/ 06/ social-security-the-great-ponzi-scheme...
By Marlin6 Social security is not even on the radar screen in this election cycle. In the 19th Century, German Chancellor Otto von Bismarck had a big idea - that a worker with a pension depends on the state and is a more docile worker. He invented a pay-as-you-go social security system with a moral flaw that destroys the link between effort and reward. It makes benefits the product of political pressure rather than what you contribute by your work. This dependency on political demagogues has spilled over into other areas besides retirement.
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Social Security - The Great Ponzi Scheme
http://arkansas.seniorcommunityliving.com/social-security-th...marlin6 has a reputation for providing reliable and awe-inspiring information. Check out the latest post on Social Security - The Great Ponzi Scheme that may be of interest. Below summarizes what was written: However, Congressional pensions accrue at a higher rate than average - 70 percent higher, according to Representative Asa Hutchinson of Arkansas. Congress also has a special retirement plan that they voted for themselves many years ago. … Click here to read more.
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Social Security - The Great Ponzi Scheme
http://aarp.seniorcommunityliving.com/social-security-the-gr...Social Security - The Great Ponzi Scheme April 6th, 2008 marlin6 is very entertaining. Check out the latest and greatest post on Social Security - The Great Ponzi Scheme. See below for a quick excerpt of the entertainment: The Democrats in Congress, together with their willing sycophants in the AARP leadership, are trying to scare American senior citizens into believing personal accounts are a risky scheme that will take away their Social Security. … Read the full post here Posted in AARP | No Comments » « Previous Entries Blogroll Senior Living Communities PagesAbout AARP Archives
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