is social security a ponzi scheme

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ruveyn
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12 Oct 2011, 8:19 pm

Gedrene wrote:

Taxation isn't theft. Trying to equalize such things is idiotic and morever destructive.

The only place where Equality prevails (that I know of) is the cemetery.

ruveyn

syntaxrandom
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12 Oct 2011, 8:29 pm

Not an intentional Ponzi scheme, that is for certain. Still, with the current disposition of demographics, we're facing a Ricardian equivalence problem. That might make it an unintentional Ponzi scheme.

Tadzio
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12 Oct 2011, 9:01 pm

ruveyn wrote:

Gedrene wrote:

Taxation isn't theft. Trying to equalize such things is idiotic and morever destructive.

The only place where Equality prevails (that I know of) is the cemetery.

ruveyn

Darn!! ! I just posted:

To return any flame similar to the flame that was snuffed-out, Vitalism was instilled into the new Phoenix of Conservative Capitalism. "It is here that capitalism is identified with this curve or maze of dissipation for accumulation that links the conservative nature of the system to an emancipation which knows nothing of the human." "...which deviously reconciles vitalism with the disenchanting 'truth of extinction'." "The Speculative Turn: Continental Materialism and Realism" edited by Levi Bryant, Nick Srnicek, Graham Harman (2011), page 188. "Queer Times, Queer Becomings" By E. L. McCallum, Mikko Tuhkanen (2011), page 39.

Tadzio

P.S.: The "final fruit of the anti-liberal tendencies of Germany's National Socialism":
http://carrefoursagesse.wordpress.com/2 ... socialism/
is still interesting though.

ruveyn
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12 Oct 2011, 10:16 pm

syntaxrandom wrote:

Can you expand that thought in plain English?

ruveyn

JakobVirgil
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12 Oct 2011, 11:00 pm

ruveyn wrote:

syntaxrandom wrote:

Can you expand that thought in plain English?

ruveyn

If we raise money by taxes or by selling bonds it is the same thing taxes or delayed taxes
but if we push the taxes out too far they will hit the demographic pinch (when all the baby boomers kick it)
and effectively we get a collapse in the same way as a ponzi scheme falls in on itself.
We can fix this by gouging the codgers will they are still working.

_________________
?We must not look at goblin men,
We must not buy their fruits:
Who knows upon what soil they fed
Their hungry thirsty roots??

http://jakobvirgil.blogspot.com/

syntaxrandom
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13 Oct 2011, 1:07 am

JakobVirgil wrote:

ruveyn wrote:

syntaxrandom wrote:

Can you expand that thought in plain English?

ruveyn

Bingo.

Obres
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13 Oct 2011, 2:47 am

syntaxrandom wrote:

JakobVirgil wrote:

ruveyn wrote:

syntaxrandom wrote:

Can you expand that thought in plain English?

ruveyn

Bingo.

Or the market can fix it through a series of collapses which will devalue their assets for their retirement. More fun to come...

Gedrene
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13 Oct 2011, 8:34 am

ruveyn wrote:

Gedrene wrote:

Taxation isn't theft. Trying to equalize such things is idiotic and morever destructive.

The only place where Equality prevails (that I know of) is the cemetery.

ruveyn

Equalization isn't equality. Equality is the state of having the same level of a desirable thing. Equalization is saying that things are in fact the same.

Equality: Mark has £1000: Mike has £1000
Equalization: Fox = Vulpine

Gedrene
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13 Oct 2011, 8:39 am

syntaxrandom wrote:

No, it isn't a Ponzi Scheme. A Ponzi scheme is receiving money for the possible sale of a product that is in fact false, and carrying this on in a pyramid like fashion.

Social Security isn't a business transaction. It's the redistribution of resources to help the society's poor and weak. hHis isn't a Ponzi scheme, because the money comes from taxes, which are an obligation for those who have to pay them, not a voluntary transfer, and the outcome is readily observable and does occur.

What you are talking about is Demographic squeeze, where a society is suffering under the strains of growing too old too fast or there being too many or too few young born.

ruveyn
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13 Oct 2011, 8:43 am

Social Security is NOT a Ponzi Scheme. It is redistribution of income. Rob from the young, give to the old. When the young become old, then if the system lasts, they too will receive stolen loot

ruveyn

Gedrene
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13 Oct 2011, 8:44 am

Obres wrote:

syntaxrandom wrote:

JakobVirgil wrote:

ruveyn wrote:

syntaxrandom wrote:

Can you expand that thought in plain English?

ruveyn

Bingo.

Or the market can fix it through a series of collapses which will devalue their assets for their retirement. More fun to come...

Maybe the Gov't should help buoy the overvalued share prices of leading companies through tax cuts. Then when the next bust will happen the outcome will help to resemble the annihilationist fantasies of conspiracy theorists and over-bearing, zealous christian nutjobs a little more.

Tadzio
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13 Oct 2011, 1:56 pm

ruveyn wrote:

My cultural anthropology professor made the claim that people had to enculturate their children, or the children would kill their parents at the first oppurtunity. Sounds like you're willing to encourage the children to act against their enculturation. Social units build from the individual, immediate family,..., community, nation, world, and everyone should enforce "ownership" at whichever level is best for only themselves at the moment, or robbery is involved?

Religion and God is often involved in enculturation too. Sounds like you're implying God is a crook too!! !

Tadzio

androbot2084
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13 Oct 2011, 4:19 pm

When the Ten Commandments were written included was the commandment honor your parents which means financial support for their retirement. Then the Religious Right comes along and questions this by reasoning "Why should I pay for my parents welfare because when I grow old my children will refuse to support me when I grow old."

ruveyn
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13 Oct 2011, 4:21 pm

Tadzio wrote:

Religion and God is often involved in enculturation too. Sounds like you're implying God is a crook too!! !

Tadzio

God is not a crook. God is a ten percenter.

ruveyn

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