Msg. 57528 of 65535 (This msg. is a reply to
57514 by
Zimbler0)
Jump:
zim
Insurance companies are more like banks. They takes ya money and what they don't spend they invests. After a bunch of years go by they give ya back yer money which has been inflated to worthlessness.
Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!
Ponzi schemes do not maintain sufficient assets
to make the money to pay back the investors.
What assets does S.S. actually have? Treasury Notes?
issued by an entity which chronically (for decades)
overspends its income.
And then, with 'quantitative easing' treasury notes
yields are so low . . . that S.S. 'assets' are actually
losing value. (Inflation.) While cost of living
raises and new retirees payouts increase what S.S. must pay out.
It ought to frighten most sane people.
(Although, with all your IRA and 401K money you
probably do not need S.S. . . . so maybe you should
just tell the government to keep your money and maybe
that'll help keep S.S. solvent a little longer.)
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