View Single Post
  #50  
Old May 24th 05, 02:35 AM
Matt Barrow
external usenet poster
 
Posts: n/a
Default


"Matt Whiting" wrote in message
...
Steven P. McNicoll wrote:
"Matt Whiting" wrote in message
...

If it weren't for the fact that it will go broke at some point, SS is a
great deal from an investment perspective assuming you live very long in
retirement.



Exactly. Ponzi schemes would be great if not for the fact that they

don't
work.



Well, they work for the folks in first ... just like SS. :-)


You do know, don't you, the SS was developed using a Ponzi scheme model. It
didn't just HAPPEN that way, it was intended that way since its conception.