e the emperor wearing any
clothes.
Peter Jessen, Portland
-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Behalf Of
Victoria Heller
Sent: Thursday, October 02, 2003 7:14 AM
To: Minneapolis Forum
Cc: [EMAIL PROTECTED]
Subject: [Mpls] Pensions and other Ponzi schemes..
Victoria Heller wrote:
We need some arithmetic here.
If you contribute $50,000 to your retirement plan, and draw $500,000
of benefits after you retire, who pays the difference?
Nobody pays in $50,000 to social security and draws out $500,000 unless
it's through disability or retiring early and t
On Thu, 2 Oct 2003, Victoria Heller wrote:
> Jim Bernstein states:
>
> "Pensions are earned. They are not welfare."
>
> Vicky replies:
>
> We need some arithmetic here.
>
> If you contribute $50,000 to your retirement plan, and draw $500,000
> of benefits after you retire, who pays the difference
Jim Bernstein states:
"Pensions are earned. They are not welfare."
Vicky replies:
We need some arithmetic here.
If you contribute $50,000 to your retirement plan, and draw $500,000
of benefits after you retire, who pays the difference?
In the case of public pensions (including social security)
