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,Please explain to me HOW the entity that prints money can actually SAVE MONEY the way you imply for later use? call me nuts but,it's impossible for the gubberment to save money . It can only fail to collect as much because it is obligated to spend every dime it collects. for example the...

Yeah but these are the same morons who claim ss is sound and a "good investment".

pause,......blink,....raise 1/4point run swiftly in corner to hide

mob rule by internet eh?

I prefer the fair tax, let them (politicians) have what the public is willing to give them through consumption decisions. My other plan was just to get people thinking how crazy our system truly is. Privacy issues would prevent the implementation of my proposal.

The problem with a democracy or Democratic Republic is that the voting public can bestow generous largess upon itself at the expense of others. Politicians naturally are inclined to exploit this as a means to both garnering votes and ensuring their reelection. As long as politicians are...

Laurence J. Kotlikoff's book the coming generational storm was a good read.

Well let's just face the fact that changing the current broken system just as in social security, some groups are going to get screwed in attempt to go back to a more equitable situation . However does that mean we must leave things the way they are?

Great post! I am accustomed to the odds being relatively low in my favor. As an American citizen I expect that I am amongst the 5% of the world population. As far as wealth goes I'm probably within the top 2 percent of world population. IQ top 5%. Professional school top 8% were selected...

WATCH OUT for those HIZBOLLAH traders they know something you don't.

The answer depends upon the nature of the market traded. In futures most people lose because they must. the system demands it.

lol true however trader dragon does have a point that taxes are embedded everywhere you look. I think it possible to be taxed greater than 50% of gross income.

very astute. The original implementation of the income tax last century was billed as a "soak the rich" program. I would only favor the fair tax if they abolished 16th amendment.

Show me a person who gives away a dollar exclusively for the tax benefit of saving $.30 (for example), and I'll show you a moron.

If one is inclined to give money to a charity in the first place. Then the loss of the governmental carrot of an income tax break will be more than offset by an increased take-home pay.

I'm trying to figure out how one is supposed to respond to such drivel. If you want to declare that red is blue just because they both represent pigments knock yourself out.

no we are talking about the friction (loss to the gov't)generated when the money flows. Yes and 2 different labels usually denotes there is a differentiation between the 2 unless they are synonymous. In which case I suspect you are wrong yet again(nice rationalization effort though) in...

sorry about that just trying to establish if people clearly divorced from reality actually make money. I think sporos being way out there in ideology confirms it possible.