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Entitlement Reforms

azwayne Wrote: Aug 29, 2012 10:54 AM
Talk about sick and uneducated, you have no idea how PONZI schemes work, I just reached social security, for over 40 years I paid social security taxes that provided my parents and grandparents benefits, now what is YOUR problem"?? Let's get the blame where it BELONGS- COngress, specifically Johnson, social secuirty money accumulated to pay our benefits was stolen by congress and johnson to allow them more benefits,(THEFT), correct that first, audit the corrupt system that has been used to buy votes for the last 50 years. Did you miss the other day the 80 year old congressman receiving benefits for his kids (under 18) while he is millionaire and earning 185,000 from tax payers, sound sensible to you?
Corbett_ Wrote: Aug 29, 2012 11:06 AM
Wayne -- I expect I know more about ponzi scheme than you ever will. I worked for years in the securities industry doing compliance oversight. As you point out, you paid for the benefits of those who were early "investors". That is the definition of a ponzi scheme.

You may blame congress, but ultimately, YOU kept voting for the clowns. They bought the votes of people in your generation by promises of ever-growing benefits. So who's to blame? The man who made the promise? Or the man who voted for him in order to get the promised benefit?

For those of us who like to believe that human beings are rational, trying to explain what happens in politics can be a real challenge.

For example, that segment of the population that has the least to fear from a reform of Medicare or Social Security is the most fearful -- namely, those already receiving Medicare or Social Security benefits.

It is understandable that people heavily dependent on these programs would fear losing their benefits, especially after a lifetime of paying into these programs. But nobody in his right mind has even proposed taking away the...