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Discussion (12)
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I like your analysis, (says another old guy).
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I guess I can join this club…
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A couple of days ago, I was getting a haircut. My barber was talking about Social Security. He said they should call a constitutional convention to mandate it and bypass Congress.
I said very little. Never get into an argument with someone who is cutting your hair.
I walked out of there with a nice haircut. And I tipped him for his work.
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So he wants to ratify intergenerational theft? Statistically we take far more out than we put in. If you want to enshrine some sort of personal 401 type accounts knock yourself out. Plus it gets the government out of the money mismanagement of our taxes to perhaps an over sight of the institutions that would in fact manage the Investiments and would be available to help capitalism rather than government favoritism. But it’s not going to happen until it collapses. I doubt I’ll be around to see it so good luck to whomever is left.
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