It's Day 298 of the Pelosi Revolution and...

So the difference between an investament program and a social-insurance program is a hair to split?
Oh.
This gets increasingly surreal.

 

I'm still waiting to hear more about Zag's mythical cab driver.

 

A social insurance program?

Spoken like a true politician. What's next -- are you going to keep it in your lockbox?

Answer the question - if it is indeed a social insurance program and it is such a wonderful opportunity for all involved, why is it not optional? Why are we all forced to be a part of it?
Why can't I take %15 percent of my income and create my own privatized insurance program?

Your continued tap dancing is becoming increasingly surreal.....

 

I've already told you about him. He worked his ass off six sometimes seven days per week, didn't get married until he was in his 30's and while most of his peers at 23 and 24 and 25 were blowing their first pay checks on booze, cars they couldn't afford and student loans, he was saving his money, investing it wisely, purchasing fixer upper homes and flipping houses and whatnot and he did it a little bit at a time.

Soon his little bit became a little bit more and little bit more. There is nothing magic about it -- and I bet you know a person or two who has far more money than you'd think possible given their chosen profession.

Well maybe not because all of your friends are too busy happily given all of their money to the government who is no doubt wisely spending it for the greater good of society.......

 

Didn't this guy have to pay into the same usurious tax system?

And yet he flourished. Go figure.

 

Well that's the beauty of being in business for yourself. If you have a good accountant you get to keep a helluva lot more of your money than the rest of us working stiffs who get our entire salary paid on the books.

And he's flourished by beating the system not by remaining stuck in it.

 

Yes, because fictional cab drivers all over the world do much better than they do here.
And, yes, social security is a social insurance program. Designed that way. Functions that way. Even fictional cab drivers get to collect.

 

And it is a fund that is bought and paid for by fictional surplusses.....

And you still haven't answered the question -- if it is a social "insurance" program and it is such a wonderful deal and it is so great for everyone on this planet -- why is not optional? Why can't I take the %15 of my income and put into a private "insurance" account for my own use? After all, if it is as great of a program as you claim -- why would anybody in their right mind opt out of it, right?

It is a simple question, really.

And FDR's programs were so successful 25 years later LBJ declared war on poverty and his cure was, well, creating more ultra-expensive, socialistic programs that are funded on the backs of taxpayers and don't deliver even close to what they are supposed to, well, other than a greater dependence on government. And those initiatives worked so well, 20-some years Slick Willy and his wife came to town declaring the need to expand on these programs even more because they just weren't working.........Yeah, great system.

 

And then, they were all hit by a train.
The end.
It is a social-insurance program. I pay into it for the benefit of people currently collecting. Every reputable analysis of it says it will be there for people who retire between now and 2047, no matter what the thieves in the money-market industry may argue.
I will grant you that Social Security is not "so great for everyone on this planet" largely because it applies to only that small percentage of elderly people who live in what is called the United States of America, a portion of this planet, but far from the majority in either land mass or population.
I await the next outburst of ahistorical Randian slapdickness.

 

I want me some privatization!

 

Thank you, Mr. Russert.
Your surf 'n turf will be right out.

 

I'm sure your next post will be along shortly.