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The nature of the tontine also made many uneasy. “The form may be fitly characterized as the gambling form, inasmuch as the only hope of profit to a few is that the many will be robbed of their savings,” wrote a critic in 1886, according to law historian Kent McKeever in his history of the tontine.

Social Security will get me through!

You and TWENTY MILLION illegals that never paid in???

1 posted on 10/02/2015 4:31:23 PM PDT by DUMBGRUNT
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To: DUMBGRUNT

I remember the Wild Wild West episode, the Night of the Tottering Tontine. The last person alive gets all the money in a tontine investment.


2 posted on 10/02/2015 4:36:51 PM PDT by Dilbert San Diego
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To: DUMBGRUNT

Social Security is the ultimate Ponzi scheme.


3 posted on 10/02/2015 4:51:18 PM PDT by Bubba_Leroy (The Obamanation Continues)
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To: DUMBGRUNT

I always thought a tontine was group of friends bought a bottle of fine wine or scotch, with the agreement that the last of the group will drink a toast to the friends of his/her youth.

One of the most memorable episodes of MASH was an episode when Colonel Potter receives and mysterious notice from a lawyer and anxiously awaits the arrival of a package. The group is concerned about him but when the package arrives, he invites the all to share in his toast.


7 posted on 10/02/2015 5:02:13 PM PDT by CaptainMorgantown
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To: DUMBGRUNT

“The Wrong Box”, starring a young Michael Caine in a comedic role was about two old brothers in Victorian London who hated each other, the last survivors of the Tontine, one of whom had a good-hearted son (Michael Caine) the other of which had two no-goodnick sons and a beautiful daughter who become Michael Caine’s love interest, because either or both were adopted.

The no-goodnick sons come to believe that their father was killed in a train crash when he was not, and try to kill the other surviving brother while hiding what they believe to be their father’s body.

There is a hilarious cameo appearance by Peter Sellers, a drug-addicted doctor who the no-goodnick sons ask to produce a death certificate dated ahead and winds up blotting his signature with a cat.


8 posted on 10/02/2015 5:04:37 PM PDT by Flash Bazbeaux
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To: DUMBGRUNT

I had never heard the word before and don’t give a rat’s behind.


9 posted on 10/02/2015 5:32:43 PM PDT by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country)
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To: DUMBGRUNT

Obamatines?


10 posted on 10/02/2015 6:12:19 PM PDT by G Larry (Vote Hillary! Pro-Abortion Socialist)
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To: DUMBGRUNT

I like to crumble up to tontines in soup. No, wait a minute, that’s Saltines.


12 posted on 10/02/2015 7:07:44 PM PDT by Flick Lives (One should not attend even the end of the world without a good breakfast. -- Heinlein)
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To: DUMBGRUNT
I thought they were talking about Tontons...


13 posted on 10/02/2015 7:13:46 PM PDT by WVKayaker (On Scale of 1 to 5 Palins, How Likely Is Media Assault on Each GOP Candidate?)
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To: DUMBGRUNT

These arrangements were so widespread in the 18th century that the young United States almost ran a tontine itself: Alexander Hamilton proposed a tontine to pay down national debt after the Revolutionary War.


That links to an article written by my father!

http://www.jstor.org/stable/1922216?seq=1#page_scan_tab_contents


18 posted on 10/03/2015 12:17:15 PM PDT by OwenKellogg (CRUZ to Victory! Donate at tedcruz.org. The Trump Tsunami does not need your money.)
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