[Ipg-smz] Medicare

[Bob Reselman]

I have two cents is this:

We’ve been living on funny money since the day someone let a bank lend out 90% of its deposits in order to create “assets”. Thus, how we conceptualize and quantify “wealth” is a mystery to me.

On the other hand, that we can kill everybody on the planet ten times over, says that we might be able to reduce allocation of the funny money to the military to ensure only a 5X factor of annihilation. Or maybe those who have enough money to spend like royalty for a few lifetimes while still having some left over might be willing to throw a bit more into the public coffers.

It’s a matter of public will. And it seems to me that while most of the public might be willing, those with the dough aren’t.

The remedy, think globally, act locally. Remember, RomneyCare started in Massachusetts and last time I looked, it’s still there.

On Jun 26, 2019, at 8:43 AM, Mac McCarthy <mac.mccarthy at gmail.com<mailto:mac.mccarthy at gmail.com>> wrote:

I believe there i no actual "fund"--it's the equivalent if a promissory note. Not funded just paid out from social security funds paid in or general revenues. The risk is when the payouts exceed govt revenues...

On Wed, Jun 26, 2019 at 7:59 AM Christine Hall <christine at fossforce.com<mailto:christine at fossforce.com>> wrote:
This is getting political, but that's not true. Social security fell
apart when the funds kept being used to fund other services.

Christine Hall
Publisher & Editor
FOSS Force: Keeping tech free
http://fossforce.com<http://fossforce.com/>

On 6/26/19 9:43 AM, Stephen Satchell wrote:
> On 6/25/19 8:04 PM, Kishore Jethanandani wrote:
>> This idea of universal care or Medicare-for-all is such baloney--a myth
>> waiting to be busted.
>
> One size does NOT fit all.  In some respects, we have baked
> communisism/socialism into government institutions with the idea that
> "if you make more, you can pay more" instead of charging a flat fee
> (tax) for services.  Social Security went further -- it was a Ponzi
> scheme that fell apart when the Baby Boomers came of retirement age on
> one hand, and the raiding of the trust fund by Congress on the other.
>
> Reminds me of unions and pension funds -- "the money was just sitting
> there."
>
> Minimum wage?  What a bad idea.  How about "minimum profit
> participation" instead?
>

--
Ipg-smz mailing list
Ipg-smz at netpress.org<mailto:Ipg-smz at netpress.org>
http://netpress.org/mailman/listinfo/ipg-smz_netpress.org
--
Mac McCarthy


Get my "Wine Tasting 101" - Kindle Edition only $1.99
http://amzn.to/13GWHPI
Amazon Prime members! Borrow this book FREE!


--
Ipg-smz mailing list
Ipg-smz at netpress.org<mailto:Ipg-smz at netpress.org>
http://netpress.org/mailman/listinfo/ipg-smz_netpress.org

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://netpress.org/pipermail/ipg-smz_netpress.org/attachments/20190626/a95bd636/attachment-0001.html>