Frank Analytic Discussion about Entitlement Programs

[wbcoleman]

I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money before declaring bankruptcy. kentay 

But the early participants in Ponzi schemes CAN expect to be big winners, right?  It's the later entrants who are left holding the bag.

Not in Bernie Madoff's case. He went to jail. But he was the only ponzi schemer who went to jail because he was the only ponzi schemer who robbed The 1%.

What are you babbling about?  Bernie Madoff's case is a perfect example.  The people who had been with him from the outset did fine, even the ones who didn't completely cash out.  The Madoff trustee, Irving Picard, has recovered about nine BILLION dollars from them!!!

Ummm, if Picard recovered that much money from those who did well, they're not really doing so well. 

Silly goose, the scheme was busted!

[kentay]

I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money before declaring bankruptcy. kentay 

But the early participants in Ponzi schemes CAN expect to be big winners, right?  It's the later entrants who are left holding the bag.

77 years and not lost a penny and has helped millions, that is some record. I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money and running,  before declaring bankruptcy. Isn't that what Romney and  Bain Capital did? I would be worried if it was in Private hands, cause you just can't trust them and the past 80 years prove it.   kentay

How many times do you intend to repeat that absurd line?  [A whole bunch, I'd wager!]  There are a shitload of companies that have been around a lot longer than Social Security and which did a lot more than simply tax cash out of childrens' pockets and transfer it to their parents and grandparents.

How about posting your back up for the shitload of companies, because I don't believe you. Kentay

[Woody]

I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money before declaring bankruptcy. kentay 

But the early participants in Ponzi schemes CAN expect to be big winners, right?  It's the later entrants who are left holding the bag.

77 years and not lost a penny and has helped millions, that is some record. I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money and running,  before declaring bankruptcy. Isn't that what Romney and  Bain Capital did? I would be worried if it was in Private hands, cause you just can't trust them and the past 80 years prove it.   kentay

How many times do you intend to repeat that absurd line?  [A whole bunch, I'd wager!]  There are a shitload of companies that have been around a lot longer than Social Security and which did a lot more than simply tax cash out of childrens' pockets and transfer it to their parents and grandparents.

How about posting your back up for the shitload of companies, because I don't believe you. Kentay

Obviously we don't believe you either.  I personally don't know of to many businesses that have a 100% forced revenue stream where non payment is punishable by jail time.


Your analogy is  :bull:

[wbcoleman]

I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money before declaring bankruptcy. kentay 

But the early participants in Ponzi schemes CAN expect to be big winners, right?  It's the later entrants who are left holding the bag.

77 years and not lost a penny and has helped millions, that is some record. I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money and running,  before declaring bankruptcy. Isn't that what Romney and  Bain Capital did? I would be worried if it was in Private hands, cause you just can't trust them and the past 80 years prove it.   kentay

How many times do you intend to repeat that absurd line?  [A whole bunch, I'd wager!]  There are a shitload of companies that have been around a lot longer than Social Security and which did a lot more than simply tax cash out of childrens' pockets and transfer it to their parents and grandparents.

How about posting your back up for the shitload of companies, because I don't believe you. Kentay

http://en.wikipedia.org/wiki/List_of_oldest_companies_in_the_United_States

And what follows is REALLY amazing:

http://en.wikipedia.org/wiki/List_of_oldest_companies

The Social Society scheme is just a newborn!

[Woody]

I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money before declaring bankruptcy. kentay 

But the early participants in Ponzi schemes CAN expect to be big winners, right?  It's the later entrants who are left holding the bag.

77 years and not lost a penny and has helped millions, that is some record. I know of no business that has that kind of record for length of time in business and number of people helped. When business start to fail they usually end up by taking the money and running,  before declaring bankruptcy. Isn't that what Romney and  Bain Capital did? I would be worried if it was in Private hands, cause you just can't trust them and the past 80 years prove it.   kentay

How many times do you intend to repeat that absurd line?  [A whole bunch, I'd wager!]  There are a shitload of companies that have been around a lot longer than Social Security and which did a lot more than simply tax cash out of childrens' pockets and transfer it to their parents and grandparents.

How about posting your back up for the shitload of companies, because I don't believe you. Kentay

http://en.wikipedia.org/wiki/List_of_oldest_companies_in_the_United_States

And what follows is REALLY amazing:

http://en.wikipedia.org/wiki/List_of_oldest_companies

The Social Society scheme is just a newborn!

I just don't see how you call yourself a christian by not agreeing....oh wait, that's right.  Your not.


My bad.