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The US SSSA (was Re: "Greatest Pyramid Scheme..." - Bill Parish on MS)

by The Ghost In The Machine <ewill@[EMAIL PROTECTED] > May 7, 2008 at 08:29 AM

In comp.os.linux.advocacy, ray
<ray@[EMAIL PROTECTED]
>
 wrote
on 7 May 2008 14:36:40 GMT
<68dt3nF2oqusfU4@[EMAIL PROTECTED]
>:
> On Wed, 07 May 2008 04:24:41 -0400, ~flyer wrote:
>
>> What the h---, too lazy to look up the link.  Besides, I've mentioned
it
>> before.
>> 
>> Just Google Microsoft, Parish, and Pyramid Scheme -- It'll pop up.
>> 
>> Parish is brilliant.
>> 
>> Famous article, lost Parish some friends because he had the balls to
>> print the truth.
>> 
>> Lotsa luck with MS stock.
>> 
>> Then: $60/share   NOW: $28-30/share  -  D Y I N G ! ! !
>> 
>> Microsoft, the latest LEECH in a long historic line of LEECHES. **
>> Posted from http://www.teranews.com
**
>
> Wrong. The greatest pyramid scheme has to be the U.S. Social inSecurity 
> System.

The US SSSA was designed to be a transference scheme to
allow the elders to be paid from the workers.  At the
time of its initial implementation, the ratio was 17:1,
plenty of money.  The ratio is now more like 2.5-3:1,
and dropping further, since no one in the Congress has had
the balls to do anything intelligent like raise the age of
first withdrawal from 65 to something closer to the average
life expectancy (which is 75 for men, 81 for women, give
or take a few months) and of course we're living longer,
healthier, more active lives.

The raiding of the kitty by other programs from this
admittedly regressive taxation system (it stops at about
$100K) is not helping.

SSSA is not a pyramid scheme.  One might make a case that
it's outright theft (if one believes taxes are such); a
more reasonable case may be made that it is a recognition
that someone who's older is not going to be able to hustle
after money the way the young do, and is a more civilized
method of taking care of them as opposed to throwing them
on the street and watching them drop dead from disease,
bullets, or malnutrition.

Subject changed; followups to a more apropos group.

-- 
#191, ewill3@[EMAIL PROTECTED]
  The choice of a GNU generation.
Windows.  The choice of a bunch of people who like very weird behavior on
a regular basis, random crashes, and "extend, embrace, and extinguish".
** Posted from http://www.teranews.com
**
 




 1 Posts in Topic:
The US SSSA (was Re: "Greatest Pyramid Scheme..." - Bill Paris
The Ghost In The Machine   2008-05-07 08:29:12 

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tan12V112 Wed Jul 23 23:44:55 CDT 2008.