From: Jeff Bone (jbone@jump.net)
Date: Sat Nov 18 2000 - 14:18:16 PST
> We're not actually paying for ourselves, it's all
> a big, mandatory "pay it forward" scheme.
>
I have no idea what the hell I was thinking when I said this. ;-) :-) At least
with pay-it-forward, you get the benefit of a favor before you have to perform
them for someone else. Social security is like reverse-polish pay-it-forward:
"do favors for three people and then, trust, us, we'll do *1* for you." The only
problem being that, for us GenXers and younger, there won't *be* enough dollars
for us to ever collect on that favor.
:-/
jb
>
> > You wouldn't have lots of stock in them,
> > would you Jeff? ;-)
>
> Not so much anymore. :-/ ;-) Margin calls are ugly. My faith in the market
> as a whole remains undiminished, however.
>
> > Btw the man you said we
> > should follow more of--Tom J. He was a socialist. $-)
>
> Phphphphphphttttttt! I can't find anything in my "Portable Thomas Jefferson"
> to support anything close to that contention.
>
> jb
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