No. of Recommendations: 0
TMFRfk writes:
<<>>

With all due respect, you have just given Pete a 5-cent lecture on COMMUNISM not socialism.

<<<Regarding Social Security, one of the problems with the program is that it is essentially a safety net program that provides support to the elderly through transfer payments from others, but has always been sold as a program that simply pays people back money that they've paid in. Hopefully any reform of the system will straighten out these conflicting justifications of the program.>>>

Why is this a "problem"? Taxation and "transfer payments" are not conflicting terms. And I don't think SS was "sold" to the American people like a bad used car to "justify" its worth.

I found it interesting while reading your personal profile that you chose to quote Justice Oliver Wendell Holmes when he said "Taxes are the price we pay for a civilized society".

Which side of the fence are you really on?
--TL


Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement