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
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra