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On Fri, 13 May 2005 14:26:11 GMT, "Mike Rapoport"
wrote: Social Security was a well thought out, adequately funded program when it was inplemented in 1935. It was a Ponzi scheme, whereby the people bailing out first were repaid by the entry fees of those who joined later. It worked as long as the labor force grew faster than the retirement community. Then somebody discovered the link between cigarettes and lung cancer, and bingo! One of my pals is celebrating his 90th birthday in the Bahamas next February. He got remarried last year. He no longer sails to the Bahamas every fall, but he sails a small boat every day when he's down there. -- all the best, Dan Ford email (put Cubdriver in subject line) Warbird's Forum: www.warbirdforum.com Piper Cub Forum: www.pipercubforum.com the blog: www.danford.net In Search of Lost Time: www.readingproust.com |
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