Rick Perry is right - SS is a ponzi scheme

[Skip8282]

Still does not mean the same as.  Sorry 333 the burden of proof has not been met.  Similarities are not the same as.  A white male may have similarities to a black male, does not make him the same as. 

Bullshit.  He couldn't name one difference aside from intent.  You're splitting hairs.

We all know the saying:
The road to hell is paved with good intentions.

[Straw Man]

I haven't heard the clip but if the comment is that there are similarities in the way it is financed then that would be the same as any other insurance program (which is what SS is) as well as almost all pensions.   With al of these programs the $'s paid out to you are not the same $'s you put in.   

This is the only similarity to a Ponzi scheme but that doesn't make it the equivalent of a Ponzi scheme

[Soul Crusher]

I haven't heard the clip but if the comment is that there are similarities in the way it is financed then that would be the same as any other insurance program (which is what SS is) as well as almost all pensions.   With al of these programs the $'s paid out to you are not the same $'s you put in.   

This is the only similarity to a Ponzi scheme but that doesn't make it the equivalent of a Ponzi scheme

Listen to the clip he says:

1.  There are STRONG similarities to a ponzi scam the main one being intent;

2.  SS trust fund is a fiction and bankrupt now;

3.  Takes will have to double, triple, or even more to even remotely keep current promises and young people are going to get fucked royally. 



That is a scam no matter how you put it.     

[Soul Crusher]

[Soul Crusher]

[Straw Man]

Listen to the clip he says:

1.  There are STRONG similarities to a ponzi scam the main one being intent;

2.  SS trust fund is a fiction and bankrupt now;

3.  Takes will have to double, triple, or even more to even remotely keep current promises and young people are going to get fucked royally. 



That is a scam no matter how you put it.     

Ill listen later but if I listen and find out (yet again) that you've selectively chosen what to hear while ignoring statements rhat don't support your preconceived belief it will be the last clip of your I waste my time on

[Soul Crusher]

Ill listen later but if I listen and find out (yet again) that you've selectively chosen what to hear while ignoring statements rhat don't support your preconceived belief it will be the last clip of your I waste my time on

Skip listened to it and reported what he said above.   

[Straw Man]

Go to 10:00 on   "there are many similarities to how SS is financed to a ponzi scheme"  - quote

If this is the only quote you've get then my statement regarding how insurance and pensions are financed is perfectly apt.   

You fail again

[Soul Crusher]

If this is the only quote you've get then my statement regarding how insurance and pensions are financed is perfectly apt.   

You fail again

Wrong moron - insurance is voluntary, can be passed on your heirs, is segregated for your own account, and required to be actuarily sound.   

[Straw Man]

Wrong moron - insurance is voluntary, can be passed on your heirs, is segregated for your own account, and required to be actuarily sound.   

and the fact that SS is not voluntary doesn't change one thing I said about the mechanism of financing and does not make sS a Ponzi scheme

if the only thing you have to support your belief that SS is a ponzi scheme is the way in which it is financing then you've got nothing to support your belief

now, having nothing to support your belief has never stopped you before and I doubt it will make any difference this time either

[Soul Crusher]

and the fact that SS is not voluntary doesn't change one thing I said about the mechanism of financing and does not make sS a Ponzi scheme

if the only thing you have to support your belief that SS is a ponzi scheme is the way in which it is financing then you've got nothing to support your belief

now, having nothing to support your belief has never stopped you before and I doubt it will make any difference this time either

LMFAO!   That means SS is even worse since its mandatory! 

[Straw Man]

LMFAO!   That means SS is even worse since its mandatory! 

nope

it  means the requirement that is mandatory is IRRELEVENT to your argument (which has been proven to be groundless)

[Soul Crusher]

nope

it  means the requirement that is mandatory is IRRELEVENT to your argument (which has been proven to be groundless)

Yeah ok Straw - you are right and the Trustee is wrong, got it.   

[Straw Man]

Yeah ok Straw - you are right and the Trustee is wrong, got it.   

from the quote you posted he didn't get it wrong because he never said SS was a ponzi scheme in the first place

I doubt you'll be able to comprehend that

[Soul Crusher]

from the quote you posted he didn't get it wrong because he never said SS was a ponzi scheme in the first place

I doubt you'll be able to comprehend that

He said the only difference is that it was not intended to actually defraud people, but by all other measures its the same thing.   

But, SS does actually defraud people so he is wrong.   

[Deicide]

nope

it  means the requirement that is mandatory is IRRELEVENT to your argument (which has been proven to be groundless)

Do you think SS should be voluntary?

[Straw Man]

Go to 10:00 on   "there are many similarities to how SS is financed to a ponzi scheme"  - quote

haven't listed to the clip yet

just going by what you said was the quote

refer to my earlier posts if you don't understand the similarities to how all insurance and most pensions are financed

[Deicide]

haven't listed to the clip yet

just going by what you said was the quote

refer to my earlier posts if you don't understand the similarities to how all insurance and most pensions are financed

Do you think SS should be voluntary?

[Straw Man]

Do you think SS should be voluntary?

I'd be glad to make that and the insurance legislation voluntary provided but if you opt out then you never get any govt assistance later when you change your mind and wish you had made a different decision

if you opt out of insurance and then get a very curable ailment but have no insurance and no money to pay for it we have to, as a country, say TOUGH SHIT.   You made your choice and now live (or die) with it

do you think that's possible

[Soul Crusher]

I'd be glad to make that and the insurance legislation voluntary provided but if you opt out then you never get any govt assistance later when you change your mind and wish you had made a different decision

if you opt out of insurance and then get a very curable ailment but have no insurance and no money to pay for it we have to, as a country, say TOUGH SHIT.   You made your choice and now live (or die) with it

do you think that's possible

SS, like all ponzi scams, falls apart unless you have constant new suckers added in to it. 

[Fury]

I'd be glad to make that and the insurance legislation voluntary provided but if you opt out then you never get any govt assistance later when you change your mind and wish you had made a different decision

if you opt out of insurance and then get a very curable ailment but have no insurance and no money to pay for it we have to, as a country, say TOUGH SHIT.   You made your choice and now live (or die) with it

do you think that's possible

Interesting how you want to cast to the trash bin those who don't fall in line lock-step with your agenda. Liberals, always looking out for their fellow citizens.  

We should go all the way and apply stuff like this to welfare. If you use up something like four-years of welfare then you're off forever.

[Straw Man]

SS, like all ponzi scams, falls apart unless you have constant new suckers added in to it. 

or just like any insurance fund some people pay in more than they get out

that the way insurance works and SS is insurance

[Agnostic007]

Would have been great if the interviewer wouldnt have 1. answered the questions for the guest and 2. let the guest finish his sentences.

[Straw Man]

Interesting how you want to cast to the trash bin those who don't fall in line lock-step with your agenda. Liberals, always looking out for their fellow citizens.  

We should go all the way and apply stuff like this to welfare. If you use up something like four-years of welfare then you're off forever.

my agenda ?

333 - posts a clip and then a quote and I responded and refuted it

[Soul Crusher]

my agenda ?

333 - posts a clip and then a quote and I responded and refuted it

you didnt refute anything.