Any comments about Mr Madoff?

[Clodfobble]

Correction: they are rapidly failing programs. "Some people" need SS and Medicare, just like all social programs. It's when you try to pretend that everyone will receive reasonable and fair benefits when they retire that it becomes a Ponzi scheme. The money simply isn't there.

[sugarpop]

Originally Posted by Clodfobble

Correction: they are rapidly failing programs. "Some people" need SS and Medicare, just like all social programs. It's when you try to pretend that everyone will receive reasonable and fair benefits when they retire that it becomes a Ponzi scheme. The money simply isn't there.

And I believe people who don't need the money when they hit retirement age (Gates, Buffet, etc.) should be allowed to not take the money, so that money could be divided among the people who DO need it, but they aren't allowed to do that. If they were though, that would go a long way toward increasing benefits for those who do count on that money to survive.