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Harry[_2_]

On 2/2/10 8:34 PM, Bruce wrote:
Harry wrote:
On 2/2/10 9:27 AM, wrote:
On Mon, 1 Feb 2010 23:41:09 -0800, "nom=de=plume"
wrote:

Your numbers for Medicare are way off.

Medicare is already upside down, scooping up "reserve" money the
government has already borrowed and spent. (AKA printing money)

http://www.ssa.gov/OACT/TRSUM/index.html

These are Ponzi schemes that really only have the money that is coming
in each month to redistribute back to the "investors". Just like
Bernie Madoff,. they spent the rest. The only real "investment" is
the full faith and credit of future tax payers. Without exponential
growth of the tax base, these have to fail. That worked when the
boomers were all working but the boom is over soon and these people
will be coming for money that doesn't exist.

Easy enough to fix...just raise the withholding on those with incomes
over a certain amount. Dan Krueger here boats about making $27,000 a
month...hell, raise his medicare and SS withholding to $5000 a month.
He can afford to pay more. :)

Sure. He should pay more so those who chose to be lazy can reap the
benefits of his hard work. Obama's "redistribution of wealth" will send
him to an early retirement.

Krueger's pimping isn't hard work.

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