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I will just link what Isaac said; maybe then you will pay attention to it. Joel Send a noteboard - 02/03/2013 04:56:34 AM

View original postSS is Ponzi scheme since it doesn't invest or make a return on it's money. It just takes from some people and gives to others.

If "taking money from some people and giving it to others" is enough to define a Ponzi, the difference between that and ALL "investement" is non-existent.
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This message last edited by Joel on 02/03/2013 at 04:57:26 AM
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Can You Name the Largest US Program to ANNUALLY Collect More Than It Spent for 75 Straight Years? Joel - 28/02/2013 11:03:18 PM 1302 Views
Medicare? *NM* Aisha - 28/02/2013 11:38:22 PM 521 Views
No, Medicare has only been around about half as long. Joel - 28/02/2013 11:56:32 PM 807 Views
Medicare has its own problems, and caused many more. You really do not want to have this debate. HyogaRott - 03/03/2013 03:03:15 PM 726 Views
No, I do not, because Medicare and torts are invariably scapegoated for all problems with healthcare Joel - 04/03/2013 12:52:37 AM 792 Views
I can argue with anyone on this (and have) btut first we need to break out that dictionary HyogaRott - 04/03/2013 04:45:06 AM 715 Views
I am sure you can and have; ability to form arguments does not automatically grant them validity. Joel - 11/03/2013 09:56:11 PM 780 Views
Like I said, short conversation, once everyone uses the same definitions. HyogaRott - 13/03/2013 03:28:52 PM 773 Views
From the way you're shitting yourself with glee, I'm going to say Social Security. Cannoli - 01/03/2013 12:45:50 AM 900 Views
Hot dog, we have a wiener! Joel - 01/03/2013 01:40:18 AM 846 Views
Also unlike Ponzis, Social Security was not meant to profit—it just did anyway. For 75 years. Joel - 01/03/2013 01:55:46 AM 748 Views
It is a "Ponzi" by definition, any argument to the contrary just makes you look ignorant. HyogaRott - 02/03/2013 12:02:46 PM 817 Views
Wait: An insurer is saying insurance is a Ponzi scheme? Joel - 04/03/2013 12:56:30 AM 784 Views
You are making even lese sense than usual... Quite an acomplishment. *NM* HyogaRott - 04/03/2013 03:31:39 AM 488 Views
Maybe, but my math usually checks, and I never have to explain what I omitted. Joel - 11/03/2013 09:55:50 PM 873 Views
My math ALWAYS "checks" - it isn't personal, you are just making absolutely no sense, *NM* HyogaRott - 13/03/2013 03:27:11 PM 429 Views
It's the world's greatest Ponzi scheme, since the government forces us to give money to it. Anonymous2000 - 01/03/2013 01:05:05 PM 741 Views
Yes, "government forcing people to give money" defines a Ponzi; speeding tickets are Ponzis. Joel - 01/03/2013 03:53:02 PM 867 Views
Good lord my friend..... Anonymous2000 - 02/03/2013 04:19:35 AM 782 Views
I will just link what Isaac said; maybe then you will pay attention to it. Joel - 02/03/2013 04:56:34 AM 823 Views
I really think you terribly misread what I said *NM* Isaac - 02/03/2013 06:59:56 AM 430 Views
Yes he did. He has very poor reading comprehension skills. *NM* Anonymous2000 - 03/03/2013 01:07:59 AM 457 Views
I really do not think I did. Joel - 04/03/2013 01:43:02 AM 859 Views
I'm pretty confident you have Isaac - 04/03/2013 11:49:19 AM 845 Views
We evidently disagree on what constitutes a Ponzi scheme. Joel - 11/03/2013 09:56:27 PM 767 Views
No, I agree with a clear definiton, you seem not to want to absorb that Isaac - 11/03/2013 10:24:47 PM 911 Views
It is neither an investment nor fraudulent. Joel - 12/03/2013 02:34:09 AM 981 Views
Re: Yes, "government forcing people to give money" defines a Ponzi; speeding tickets are Ponzis. HyogaRott - 02/03/2013 12:22:34 PM 836 Views
Fraud="money contributed is NOT invested for the contributor, but instead redistributed to others"? Joel - 04/03/2013 12:51:30 AM 766 Views
You can try and misrepresent what I have said all you want, you are still wrong. HyogaRott - 04/03/2013 03:45:24 AM 842 Views
Dude, how is QUOTING you misrepresenting you?! And why must I ALWAYS ask that in these threads? Joel - 11/03/2013 09:56:18 PM 811 Views
Well, can you get more wrong? HyogaRott - 13/03/2013 03:45:08 PM 723 Views
Okay, that's a really weird or naive standard to judge SS by Isaac - 01/03/2013 05:25:11 PM 788 Views
Great; will you put that on a postcard to Cannoli, A2K, Rick Perry and the rest of your party? Joel - 01/03/2013 07:39:44 PM 815 Views
I don't think I'd be telling them anything they don't already know... I mostly agree with them Isaac - 02/03/2013 05:38:56 AM 926 Views
Means testing is flat out WRONG, and the contribution limit is a sticky debate HyogaRott - 02/03/2013 12:43:09 PM 739 Views
Tell that to him not me, I didn't express an opinion and my implied one obviously doesn't favor it Isaac - 02/03/2013 05:28:14 PM 871 Views
I was, I just hit the repy under the wrong post. He was the first to bering the two topics up. *NM* HyogaRott - 03/03/2013 04:09:34 AM 426 Views
It is insurance against old age poverty, not a longevity lottery. Joel - 04/03/2013 02:00:24 AM 844 Views
It is not insurance, it is a pension plan, that also contains an overpriced LT disability insurance. HyogaRott - 04/03/2013 04:00:42 AM 843 Views
Social Security Insurance; says so right on the label. Joel - 11/03/2013 09:53:33 PM 982 Views
You can call it BedroomWindowVitamins but it does not change what it acutally IS. HyogaRott - 13/03/2013 04:34:42 PM 763 Views
"Sustainable"=/="profitable;" bankruptcy was not always a given, as your fellows claim.. Joel - 04/03/2013 01:35:04 AM 742 Views
Sustainable often means profitable, they are not universally synonmous but both at once is ideal Isaac - 04/03/2013 12:25:45 PM 744 Views
That is the IDEAL, but NOT point: Sustainability needs no profit, yet profit ensures sustainability. Joel - 11/03/2013 09:56:48 PM 1197 Views
Your attacks on republican ideals would have more credit if you understood them random thoughts - 02/03/2013 04:27:34 AM 797 Views
An ironic charge, since their defenses of those ideals typically suffer from the same defect. Joel - 02/03/2013 04:51:32 AM 775 Views
I'm rubber you're glue, whatever you say bounces of me and sticks to you. nyah, nyah, nyah HyogaRott - 02/03/2013 12:58:10 PM 721 Views
"Unsustainable"=/="meeting monthly obligations for 75 YEARS and still having $2.5 trillion left." Joel - 04/03/2013 01:03:09 AM 841 Views
Please look up the definition of sustainable. Hint: "its worked so far" isn't it. HyogaRott - 04/03/2013 04:25:19 AM 800 Views
"As it is currently constructed/funded" is one HELL of a qualifier. Joel - 04/03/2013 04:41:30 AM 861 Views
You just don't get it, or apparently are so in love with your political ideology you won't. HyogaRott - 04/03/2013 04:58:15 AM 673 Views
I believe if you check civilizations record you will find the human population has steadily risen. Joel - 04/03/2013 05:08:38 AM 781 Views
*sigh* HyogaRott - 04/03/2013 12:15:22 PM 729 Views
Birth RATES have fallen; POPULATION steadily rose in every period except the Black Deaths peak. Joel - 11/03/2013 09:56:36 PM 1003 Views
Re: Declining birth rates are the key HyogaRott - 13/03/2013 04:47:41 PM 830 Views
Ironic that you would make my point while arguing against random thoughts - 04/03/2013 06:12:29 PM 687 Views
? Joel - 11/03/2013 09:56:59 PM 846 Views
you mistate his posistion and then rationalize that you know what he really meant random thoughts - 13/03/2013 12:06:44 PM 695 Views
aH yes the great liberal investmetn/retirement plan that offers me a NEGATIGVE rate of return... HyogaRott - 02/03/2013 11:51:50 AM 712 Views
Do you sincerely believe people earning $14,560/year can afford investing 4% of it? Joel - 04/03/2013 12:53:30 AM 876 Views
*sigh* HyogaRott - 04/03/2013 03:43:08 AM 706 Views
I tried it with compound interest; $44.80/month at 4% for 50 years still does not get to $1.25 mill. Joel - 04/03/2013 04:24:51 AM 788 Views
Here are some clues. HyogaRott - 04/03/2013 04:37:39 AM 650 Views
It is math, not the Riddle of the Sphinx: EIther it adds up or does not. Joel - 04/03/2013 05:02:39 AM 803 Views
Math is simple - Either you know how to calculate it or you don't HyogaRott - 04/03/2013 11:55:24 AM 880 Views
Indeed. Joel - 11/03/2013 09:53:59 PM 789 Views
Re: Indeed. HyogaRott - 13/03/2013 05:00:10 PM 973 Views
SS is supposed to supplement a proper pension, not provide your sole income after retirement moondog - 05/03/2013 03:53:03 AM 667 Views
Did you bother to actually read anything? HyogaRott - 05/03/2013 02:32:16 PM 735 Views
do *YOU* know what "living in poverty" means? moondog - 05/03/2013 05:49:14 PM 802 Views
Re: do *YOU* know what "living in poverty" means? --- yeah, I've BEEN there. HyogaRott - 05/03/2013 08:01:33 PM 777 Views
how about respond to a post with logic and civility instead of being a troll for once? moondog - 05/03/2013 11:03:00 PM 860 Views
All I have used is civility and logic, or least as much civility as was warrented. HyogaRott - 06/03/2013 04:28:04 AM 810 Views
yeah, it's my fault for stooping to your level.... moondog - 08/03/2013 07:22:24 PM 851 Views
Re: yeah, it's my fault for stooping to your level.... HyogaRott - 10/03/2013 01:42:26 PM 721 Views
i'm not going to keep going in circles so i will finish with this.... moondog - 11/03/2013 10:08:53 PM 1069 Views
No loss. HyogaRott - 13/03/2013 04:37:41 PM 662 Views
"Rah! Rah! Rah!" Can we please cut out all this blather and bile? Stephen - 05/03/2013 11:53:41 PM 738 Views
spoken like a true enemy of the state! moondog - 06/03/2013 12:54:38 AM 709 Views
Re: spoken like a true enemy of the state! Stephen - 08/03/2013 03:04:37 PM 765 Views
I was not trolling, but clarifying. Joel - 11/03/2013 09:53:48 PM 786 Views
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