[EconProf]

Renters saving up to buy a home should be furious at their government for this. Their own taxes are being used to keep them from buying their first house. I love the part describing the program: “By keeping cheap foreclosed properties from reaching the market the program could give a boost to home values in general.”

[EconProf]

Renters saving up to buy a home should be furious at their government for this. Their own taxes are being used to keep them from buying their first house. I love the part describing the program: “By keeping cheap foreclosed properties from reaching the market the program could give a boost to home values in general.”

[EconProf]

Renters saving up to buy a home should be furious at their government for this. Their own taxes are being used to keep them from buying their first house. I love the part describing the program: “By keeping cheap foreclosed properties from reaching the market the program could give a boost to home values in general.”

[EconProf]

Renters saving up to buy a home should be furious at their government for this. Their own taxes are being used to keep them from buying their first house. I love the part describing the program: “By keeping cheap foreclosed properties from reaching the market the program could give a boost to home values in general.”

[EconProf]

Brutus, I’m with you on most everything, but let’s remember that the Social Security System was a bit of a Ponzi scheme from day one, and is a good example of short-termism.
It always relied upon large bunch of contributors to support an initially-small but growing group of recipients. When initiated in the 1930s, it had nothing but contributors for several years until the first qualified recipient took their first SS check in 1940. Of course, contributions were tiny at first, but had to inevitably grow to current confiscatory levels in order to support our growing population of recipients. If you look back at one of your paycheck stubs from 40 years ago, I’ll bet your Social Security tax was under 2%. Accordingly you (and I) got a terrific bargain from Social Security. Today’s workers, especially the youngest, get a horrible deal. I would not be surprised if they could opt out of SS and instead stuff their SS contribution and the equal amount their employer makes on their behalf into a mattress, interest free, and take it out upon retirement to live off of.

[EconProf]

Brutus, I’m with you on most everything, but let’s remember that the Social Security System was a bit of a Ponzi scheme from day one, and is a good example of short-termism.
It always relied upon large bunch of contributors to support an initially-small but growing group of recipients. When initiated in the 1930s, it had nothing but contributors for several years until the first qualified recipient took their first SS check in 1940. Of course, contributions were tiny at first, but had to inevitably grow to current confiscatory levels in order to support our growing population of recipients. If you look back at one of your paycheck stubs from 40 years ago, I’ll bet your Social Security tax was under 2%. Accordingly you (and I) got a terrific bargain from Social Security. Today’s workers, especially the youngest, get a horrible deal. I would not be surprised if they could opt out of SS and instead stuff their SS contribution and the equal amount their employer makes on their behalf into a mattress, interest free, and take it out upon retirement to live off of.

[EconProf]

Brutus, I’m with you on most everything, but let’s remember that the Social Security System was a bit of a Ponzi scheme from day one, and is a good example of short-termism.
It always relied upon large bunch of contributors to support an initially-small but growing group of recipients. When initiated in the 1930s, it had nothing but contributors for several years until the first qualified recipient took their first SS check in 1940. Of course, contributions were tiny at first, but had to inevitably grow to current confiscatory levels in order to support our growing population of recipients. If you look back at one of your paycheck stubs from 40 years ago, I’ll bet your Social Security tax was under 2%. Accordingly you (and I) got a terrific bargain from Social Security. Today’s workers, especially the youngest, get a horrible deal. I would not be surprised if they could opt out of SS and instead stuff their SS contribution and the equal amount their employer makes on their behalf into a mattress, interest free, and take it out upon retirement to live off of.

[EconProf]

Brutus, I’m with you on most everything, but let’s remember that the Social Security System was a bit of a Ponzi scheme from day one, and is a good example of short-termism.
It always relied upon large bunch of contributors to support an initially-small but growing group of recipients. When initiated in the 1930s, it had nothing but contributors for several years until the first qualified recipient took their first SS check in 1940. Of course, contributions were tiny at first, but had to inevitably grow to current confiscatory levels in order to support our growing population of recipients. If you look back at one of your paycheck stubs from 40 years ago, I’ll bet your Social Security tax was under 2%. Accordingly you (and I) got a terrific bargain from Social Security. Today’s workers, especially the youngest, get a horrible deal. I would not be surprised if they could opt out of SS and instead stuff their SS contribution and the equal amount their employer makes on their behalf into a mattress, interest free, and take it out upon retirement to live off of.

[EconProf]

Brutus, I’m with you on most everything, but let’s remember that the Social Security System was a bit of a Ponzi scheme from day one, and is a good example of short-termism.
It always relied upon large bunch of contributors to support an initially-small but growing group of recipients. When initiated in the 1930s, it had nothing but contributors for several years until the first qualified recipient took their first SS check in 1940. Of course, contributions were tiny at first, but had to inevitably grow to current confiscatory levels in order to support our growing population of recipients. If you look back at one of your paycheck stubs from 40 years ago, I’ll bet your Social Security tax was under 2%. Accordingly you (and I) got a terrific bargain from Social Security. Today’s workers, especially the youngest, get a horrible deal. I would not be surprised if they could opt out of SS and instead stuff their SS contribution and the equal amount their employer makes on their behalf into a mattress, interest free, and take it out upon retirement to live off of.

[EconProf]

While its great sport to demonize Hosni Mubarak, let’s keep some history in mind. For three decades he has cooperated with the US and Israel, and enforced the peace accord his predecessor, Anwar Sadat worked out. In the roughly three decades before the peace agreement, Egypt fought four wars with Israel. Let’s hope and pray Egypt does not go the way of Iran after the Shah. America once had high hopes for Iran during its revolution and before the extremists took over.

[EconProf]

While its great sport to demonize Hosni Mubarak, let’s keep some history in mind. For three decades he has cooperated with the US and Israel, and enforced the peace accord his predecessor, Anwar Sadat worked out. In the roughly three decades before the peace agreement, Egypt fought four wars with Israel. Let’s hope and pray Egypt does not go the way of Iran after the Shah. America once had high hopes for Iran during its revolution and before the extremists took over.

[EconProf]

While its great sport to demonize Hosni Mubarak, let’s keep some history in mind. For three decades he has cooperated with the US and Israel, and enforced the peace accord his predecessor, Anwar Sadat worked out. In the roughly three decades before the peace agreement, Egypt fought four wars with Israel. Let’s hope and pray Egypt does not go the way of Iran after the Shah. America once had high hopes for Iran during its revolution and before the extremists took over.

[EconProf]

While its great sport to demonize Hosni Mubarak, let’s keep some history in mind. For three decades he has cooperated with the US and Israel, and enforced the peace accord his predecessor, Anwar Sadat worked out. In the roughly three decades before the peace agreement, Egypt fought four wars with Israel. Let’s hope and pray Egypt does not go the way of Iran after the Shah. America once had high hopes for Iran during its revolution and before the extremists took over.

[EconProf]

While its great sport to demonize Hosni Mubarak, let’s keep some history in mind. For three decades he has cooperated with the US and Israel, and enforced the peace accord his predecessor, Anwar Sadat worked out. In the roughly three decades before the peace agreement, Egypt fought four wars with Israel. Let’s hope and pray Egypt does not go the way of Iran after the Shah. America once had high hopes for Iran during its revolution and before the extremists took over.

[EconProf]

The requirements are really stringent. Has to conform to landscape guidelines, be environmentally friendly, etc. Go to http://www.santaluzliving.com, or call Sonya Pluta at 858 759-3178.

[Author]

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