I'm doing far better without M$.
Joel wrote:
Rudy Canoza <rudy.c@jkone.not> wrote:
I'm doing far better without M$.Jobless and living off the government dole, far
better than what, a homeless person?
Social Security income is earned, asswipe
Nope, you're a lazy ass mooch on society, loser.
No it is earned. Money is taken from your pay and
invested in Government bonds. Then when you retire you get your taken
money back adjusted for the Cost of Living.
On Wed, 21 May 2025 10:45:22 -0700, Bobbie Sellers wrote:
No it is earned. Money is taken from your pay and
invested in Government bonds. Then when you retire you get your taken
money back adjusted for the Cost of Living.
That's the theory...
Joel wrote:
Rudy Canoza <rudy.c@jkone.not> wrote:
Nope, you're a lazy ass mooch on society, loser.I'm doing far better without M$.Jobless and living off the government dole, far
better than what, a homeless person?
Social Security income is earned, asswipe
Nope, you're a moron who has no idea who and what I am, and what I've
done for "society", ASSHOLE. Drop dead or say it to my face, I'll
fight you even with my left arm being impaired, because you're such a
prick piece of human garbage.
You're not only a lazy ass mooch on society, you're
also a pillow biting limp wristed sissy keyboard warrior.
On Wed, 21 May 2025 10:45:22 -0700, Bobbie Sellers wrote:It isn't even the theory.
No it is earned. Money is taken from your pay and
invested in Government bonds. Then when you retire you get your taken
money back adjusted for the Cost of Living.
That's the theory...
On 21/05/2025 23:30, rbowman wrote:
On Wed, 21 May 2025 10:45:22 -0700, Bobbie Sellers wrote:It isn't even the theory.
No it is earned. Money is taken from your pay and
invested in Government bonds. Then when you retire you get your taken
money back adjusted for the Cost of Living.
That's the theory...
The theory is a Ponzi scheme.
An expanding economy and inflation will
mean that paying today's pensioners with today's taxes works fine.
So long as you import enough taxpayers and cause enough inflation
Last years taxes have already been spent.
On 21/05/2025 23:30, rbowman wrote:
On Wed, 21 May 2025 10:45:22 -0700, Bobbie Sellers wrote:It isn't even the theory.
No it is earned. Money is taken from your pay and
invested in Government bonds. Then when you retire you get your taken
money back adjusted for the Cost of Living.
That's the theory...
The theory is a Ponzi scheme. An expanding economy and inflation will
mean that paying today's pensioners with today's taxes works fine.
So long as you import enough taxpayers and cause enough inflation
Last years taxes have already been spent.
On 5/22/25 01:00, The Natural Philosopher wrote:
On 21/05/2025 23:30, rbowman wrote:No you are confused because a Ponzi scheme pays not from Government Bonds
On Wed, 21 May 2025 10:45:22 -0700, Bobbie Sellers wrote:It isn't even the theory.
No it is earned. Money is taken from your pay and
invested in Government bonds. Then when you retire you get your taken
money back adjusted for the Cost of Living.
That's the theory...
The theory is a Ponzi scheme. An expanding economy and inflation will
mean that paying today's pensioners with today's taxes works fine.
So long as you import enough taxpayers and cause enough inflation
Last years taxes have already been spent.
but from the private investments of the people taken in by the
organizer(s) of the
scheme.
Those who are not so rich try to avoid taxes legally and otherwise.
The government bonds struggle against inflation. If more investors had Government bonds or paid their proper income taxes as under Eisenhower then we would have much less inflation of the currency. The larger private fortunes get
the more chance that some very rich people will do there best to
untermine government.
You need to read "Capital in the 21st Century" by Thomas Piketty to
inform yourself.
It is a hard read. He has written a sequel but I have yet to see it.
Been busy with
more entertaining matters such as breaking my ankle.
bliss
On 22/05/2025 16:56, Bobbie Sellers wrote:
On 5/22/25 01:00, The Natural Philosopher wrote:
On 21/05/2025 23:30, rbowman wrote:No you are confused because a Ponzi scheme pays not from
On Wed, 21 May 2025 10:45:22 -0700, Bobbie Sellers wrote:It isn't even the theory.
No it is earned. Money is taken from your pay and
invested in Government bonds. Then when you retire you get your taken >>>>> money back adjusted for the Cost of Living.
That's the theory...
The theory is a Ponzi scheme. An expanding economy and inflation will
mean that paying today's pensioners with today's taxes works fine.
So long as you import enough taxpayers and cause enough inflation
Last years taxes have already been spent.
Government Bonds
but from the private investments of the people taken in by the
organizer(s) of the
scheme.
Yes. IN this case the government.
Those who are not so rich try to avoid taxes legally and otherwise.
The government bonds struggle against inflation. If more investors had >> Government bonds or paid their proper income taxes as under Eisenhower
then
we would have much less inflation of the currency. The larger private
fortunes get
the more chance that some very rich people will do there best to
untermine government.
Taxes do not go into government bonds
Bo country except perhaps Norway funds social security of any sort from anything expect this years taxes and this years borrowing
You need to read "Capital in the 21st Century" by Thomas Piketty to
inform yourself.
It is a hard read. He has written a sequel but I have yet to see it.
Been busy with
more entertaining matters such as breaking my ankle.
I think you should read it again.
"Government debt is at £2.8 trillion and Rachel Reeves is borrowing
another £40bn
Britain is sleep-walking into financial Armageddon and no government or politician has the knowledge, ability or will to stop it.
The state financial system is one big pay-as-we-go Ponzi scheme. Those
at the bottom, workers and businesses, contribute through taxation,
while those at the top, pensioners and those on benefits, immediately withdraw the money.
There is no pot of money to fund them and nothing is put aside for a
rainy day."
https://www.telegraph.co.uk/money/pensions/state-pensions/state-pension- ponzi-scheme-britain-financial-armageddon/
bliss
| Sysop: | Keyop |
|---|---|
| Location: | Huddersfield, West Yorkshire, UK |
| Users: | 489 |
| Nodes: | 16 (2 / 14) |
| Uptime: | 16:20:23 |
| Calls: | 9,665 |
| Files: | 13,712 |
| Messages: | 6,167,771 |