<div><div dir="auto">Thanks.</div></div><div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Wed, Jun 26, 2019 at 8:52 AM Christine Hall <<a href="mailto:christine@fossforce.com">christine@fossforce.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Here Mac: <a href="https://en.wikipedia.org/wiki/Social_Security_Trust_Fund" rel="noreferrer" target="_blank">https://en.wikipedia.org/wiki/Social_Security_Trust_Fund</a><br>
<br>
Christine Hall<br>
Publisher & Editor<br>
FOSS Force: Keeping tech free<br>
<a href="http://fossforce.com" rel="noreferrer" target="_blank">http://fossforce.com</a><br>
<br>
On 6/26/19 11:43 AM, Mac McCarthy wrote:<br>
> I believe there i no actual "fund"--it's the equivalent if a promissory <br>
> note. Not funded just paid out from social security funds paid in or <br>
> general revenues. The risk is when the payouts exceed govt revenues...<br>
> <br>
> On Wed, Jun 26, 2019 at 7:59 AM Christine Hall <<a href="mailto:christine@fossforce.com" target="_blank">christine@fossforce.com</a> <br>
> <mailto:<a href="mailto:christine@fossforce.com" target="_blank">christine@fossforce.com</a>>> wrote:<br>
> <br>
>     This is getting political, but that's not true. Social security fell<br>
>     apart when the funds kept being used to fund other services.<br>
> <br>
>     Christine Hall<br>
>     Publisher & Editor<br>
>     FOSS Force: Keeping tech free<br>
>     <a href="http://fossforce.com" rel="noreferrer" target="_blank">http://fossforce.com</a><br>
> <br>
>     On 6/26/19 9:43 AM, Stephen Satchell wrote:<br>
>      > On 6/25/19 8:04 PM, Kishore Jethanandani wrote:<br>
>      >> This idea of universal care or Medicare-for-all is such<br>
>     baloney--a myth<br>
>      >> waiting to be busted.<br>
>      ><br>
>      > One size does NOT fit all.  In some respects, we have baked<br>
>      > communisism/socialism into government institutions with the idea that<br>
>      > "if you make more, you can pay more" instead of charging a flat fee<br>
>      > (tax) for services.  Social Security went further -- it was a Ponzi<br>
>      > scheme that fell apart when the Baby Boomers came of retirement<br>
>     age on<br>
>      > one hand, and the raiding of the trust fund by Congress on the other.<br>
>      ><br>
>      > Reminds me of unions and pension funds -- "the money was just sitting<br>
>      > there."<br>
>      ><br>
>      > Minimum wage?  What a bad idea.  How about "minimum profit<br>
>      > participation" instead?<br>
>      ><br>
> <br>
>     -- <br>
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> <br>
> -- <br>
> <br>
> Mac McCarthy<br>
> <br>
> <br>
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</blockquote></div></div>-- <br><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><span style="border-collapse:collapse"><p style="font-family:arial,sans-serif;margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px"><span style="font-family:arial">Mac McCarthy</span></p><p style="font-family:arial,sans-serif;margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px"><span style="font-family:arial"><br></span></p><p style="font-family:arial,sans-serif;margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px"></p><div style="font-family:arial">Get my<b> "Wine Tasting 101" - Kindle Edition only $1.99</b></div><div><font color="#0000ee" face="Verdana, Geneva, Arial, Helvetica, sans-serif"><u><a href="http://amzn.to/13GWHPI" target="_blank">http://amzn.to/13GWHPI</a></u></font></div><div style="font-family:arial"><b>Amazon Prime</b> members! <u>Borrow this book</u> <u>FREE</u>!</div><p></p><p style="font-family:arial,sans-serif"></p></span></div>