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#1
May 24th 05, 02:35 AM
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"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. 
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