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To: Cracker Jack

Unfortunately, there is no money to give you the refund. The govt. could print it, but if that was done for everybody the value of the money you got wouldn’t buy a dozen eggs. You, I, and everybody else paid into a Ponzi scheme and we will lose our money.

By the way, compound interest is also a scam which can only work in an expanding economy. A wise man recently said “The plan was unlimited growth. The problem is it ain’t possible.”

Plant some turnips and hope for the best.


14 posted on 12/09/2010 5:07:18 AM PST by tickmeister (tickmeister)
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To: tickmeister
Unfortunately, there is no money to give you the refund. The govt. could print it, but if that was done for everybody the value of the money you got wouldn’t buy a dozen eggs. You, I, and everybody else paid into a Ponzi scheme and we will lose our money.

Yes, I agree with you. My buyout example was offered to make the point that we have spent enough to provide for our own individual futures, but the government has cheated us.

Bush's social security reform that would have allowed younger workers to invest a portion of their FICA tax in their own (government-managed)account was a step in the right direction. But of course, democrats (the party of the l-i-i-i-tle people) had to kill anything that would make us peasants more independent.

18 posted on 12/09/2010 5:26:47 AM PST by Cracker Jack (If it weren't for the democrats, republicans would be the worst thing in Washington.)
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