On 12/24/2011 1:54 PM, Joe from Kokomo wrote:
On 12/24/2011 12:28 PM, Kevin Alfred Strom wrote:
Liberty Net: December 17, 2011

• Why, then, do people have faith in an identical
plan called “Social Security”?

Why do people have faith in Social Security?

Just a guess, but the fact that it has worked pretty well for the
last 76 years might have something to do with it.



Well, if you call "working pretty well" a system in which 1) one is
forced to "invest" essentially at gunpoint, and 2) in which the vast
preponderance of the assets of the investors are looted at will and
have been bled nearly dry by debasement of the currency and 3) which
keeps afloat only by more forced extractions from new victims, then
I guess you're right.

If the system had been run honestly and without coercion and had
invested in real, productive assets, and, most importantly, had been
protected from rape by bankers and politicians, then I would agree
with you (and I think our retirees would be ten times richer at the
very least).


With all good wishes,



Kevin.
--
http://nationalvanguard.org/
http://kevinalfredstrom.com/