In response to:

The Reverse Midas Touch of Government

Bluebonnet Wrote: Jan 07, 2013 8:44 AM
If the government who misused and otherwise stole MY Social Security contributions would settle up with me for what I paid in contributions for myself plus reasonable interest, I would be satisfied their debt to me for forcibly confiscating MY and my employer's contributions is paid. Secondly, I paid my share for the public roads and public schools just like other taxpayer's. It is my right to use them. It is not conservatives who are greedy.
drrisk2 Wrote: Jan 07, 2013 2:55 PM

The first SS retiree received benefits for 23 years. She and her employer paid in a grand total of $25. SS is nothing but a tax scheme, always has been.



traitorbill Wrote: Jan 07, 2013 10:45 AM
They're going to pay us all back, in full. With monopoly money.
traitorbill Wrote: Jan 07, 2013 10:44 AM
That's the joke of it. We paid for roads and schools with our taxes, and now they think the very same roads and schools are an excuse to tax us more. They are so skilled at the art of deception that they would make Orwell blush.
MoreFreedom Wrote: Jan 07, 2013 9:16 AM
Sorry Bluebonnet, government has already spent it. Of course they could pay YOU back, but not everyone unless they printed the money to do so, and the more they print, the less that money will buy. Why it might get so the paper costs more than the money is worth. I'd even settle for 1/2 of what I paid with no interest as a lump sum now, even though I'm close to retirement. Current recipients are the ones getting more than they deserve. As time goes by, new retirees will find they get a worse and worse return, simply because there are fewer paying into SS and we don't have the money. The unfunded liability for SS is around 10 trillion.

Since I’m an out-of-the-closet libertarian, it goes without saying that I’m not favorably disposed to government intervention. As far as I’m concerned, Washington’s an inherently corrupt town filled with people seeking unearned wealth.

But even if I didn’t have any underlying philosophical or moral principles, I think I would still favor small government.

Why? Because just about everything government does turns into a bloody cluster-you-know-what, so there’s also a utilitarian case for libertarianism.

I discuss the reverse Midas touch of government with John Stossel.

The theme of Stossel’s show, by the way, was looking at how...