Lyrics & Knowledge Personal Pages Record Shop Auction Links Radio & Media Kids Membership Help
The Mudcat Cafesj



User Name Thread Name Subject Posted
GUEST,Claymore BS: Bush to shut down 80% of colleges by '08 (80* d) RE: BS: Bush to shut down 80% of colleges by '08 05 Jan 05


For all those arguing over Social Security and the New Deal, you forget one thing. The New Deal of Social Security under FDR was just a pittance, and never intended by anyone of the period to be what it has become, a substantial portion of any persons retirement. It wasen't until the COLAs, indexing, and upward adjustments of benefits under Johnson, that the Social Security System became what it is today. The New Deal died in the War on Poverty.

As for the ability to invest a persons money out of his Social Security payments; no-one is planning on making anyone do anything they don't want to do. If you want to stay in the present system, you simply opt out, thereby making every portion of CarolCs arguement simply irrelevent to the discussion at hand. Simply say NO.

Now as to those "poor souls" who lost their "entire life savings" in the Enron failure; did any of you actually read the numbers? There was one example pointed out in the Washington Post where a man who was working for Enron making $70 thousand a year, and who had worked for the company for 5 years, lost $400,000 dollars of his "life savings", without putting any real money of his own in, since it was not a 401K plan, simply continued stock options. What simian idiot actually believed that by working for a company for 5 years you would have $400,000 in your retirement fund? Those greedy idiots actually believed the crap they were selling on the open market. And we are still actually giving sympathy to those twits?

And Bobert, I'm sorry to say that labor never created any wealth, ever. It is called compound interest, which results in Captial, and is called capitalism. All of the other economic systems are currently defunct...

And it seems easy enough to do, since foreigners come to this country with out speaking a word of our language, and become capitalists on the spot.


My brother once had an anecdote about the future of labor.

In the future everything we need will be made by machines.
Each machine will have two additional components; a man and a dog.
The man's job will be to feed the dog.
The dog's job will to keep the man away from the machine...

I've always said that life was an IQ test...


Post to this Thread -

Back to the Main Forum Page

By clicking on the User Name, you will requery the forum for that user. You will see everything that he or she has posted with that Mudcat name.

By clicking on the Thread Name, you will be sent to the Forum on that thread as if you selected it from the main Mudcat Forum page.
   * Click on the linked number with * to view the thread split into pages (click "d" for chronologically descending).

By clicking on the Subject, you will also go to the thread as if you selected it from the original Forum page, but also go directly to that particular message.

By clicking on the Date (Posted), you will dig out every message posted that day.

Try it all, you will see.