Article View: la.general
Article #1873Re: Property Rights
From: Merlin Dorfman
Date: Mon, 04 Jul 2005 03:49
Date: Mon, 04 Jul 2005 03:49
25 lines
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2847 bytes
In ca.general David Marc Nieporent <nieporen@alumni.princeton.edu> wrote:
...
>>And regarding Social Security, don't DARE fuck with the money I put
>>into my account since I was 16 years of age. I need this to live on.
>>It is my ONLY source of income, outside of a small pension from a
>>private company that will pay for a couple of heart-clogging
>>cheeseburgers a month.
> You're confused. Social Security is a tax. You didn't put any money into
> "your account." You have no "account." The proponents of Social Security
> wanted people to think they did, to build a broad base of support for the
> program -- but it was just propaganda. There are several Supreme Court
> rulings clarifying this for people who thought they had some sort of
> contractual right to Social Security payments. It's not property or a
> contract. It's simply a transfer program, like welfare. You pay taxes to
> support old people who aren't working, and then later on, when you retire,
> workers pay taxes to support you. Bush *wants* to change the system, to
> give people the personal accounts they thought they had all along.
People thought all along that they could manage their own
investments in Social Security? Either they were very confused,
or you are...
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From: Merlin Dorfman <dorfman@green.rahul.net>
Newsgroups: la.general,ca.general,scruz.general,misc.survivalism,alt.tv.the-west-wing
Subject: Re: Property Rights
Date: Mon, 4 Jul 2005 03:49:31 +0000 (UTC)
Organization: "a2i network"
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