FAA shares blame also

"Matt Whiting" wrote in message
...
Well, unfortunately, this isn't the case. If this was the case, then SS
would be in much better shape. The reality is that current recipients
of SS are getting MUCH more back than what they put in plus any
reasonably earnings. That is why the system is going broke.

There are poeple who've recovered everything they put into SS within the
first five years of their "retirement".

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.

That's why it's appropriately called a _Ponzi scheme_.

Even so, I'd still rather have personal control of the money I put into
the SS system, but that is for reasons of security, not effective rate
of earnings.

If you don't have control of it, it's not YOUR money, or your property as
the case may be....it's called fascism (ie, private "ownership", but
governmental control).


Matt
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Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO