Typical of you to not watch the video and completely misinterpret the issue.

Had you watched it, you would maybe understand the protests aren’t over the age changes, they’re over Macron unilaterally making the change without any parliamentary vote….

…so you can comprehend, imagine if Biden lowered the age for Social Security and Medicaid by presidential order without consulting congress. You would be out there burning government buildings right now calling him the Devil.

You think average people live to 94 or older…or can you simply not do the math? (I know which). 77 (average lifespan) - 67 (retirement age in America) = 10 years…10 years of retirement after 50 at work is too much. Seriously. You should be able to rest a few more years after 67.

Millionaires paid 75%+ tax when it started. Go back to that and exempt anyone making over $150k or with over $2 million in the bank from collecting, 3-1 is totally sustainable.

Clearly you don’t understand what a ponzi scheme is or how they work.

When Social security was enacted, retirement was relatively unknown and the elderly largely lived as paupers, destitute, relying on the kindness of strangers for their meager existence. The disabled were put in horrific institutions. How do you think that would work today?

The simple solution is enact and enforce reasonable income/net worth limits. If those that don’t need it stop taking it, it functions fine…but the rich want their slice too until they can destroy the safety net they don’t need.

62 to 64 retirement age..
some government cheese for 30+ years.
Seriously.
You should be able to work few more years.

Granted there are differences between a labor and an accountant on ones body after 30 years of work.


Social security is a ponzi scheme.
Once introduced the average life span was 67 and SS come started at 65.


+ there were about 5 putting in for every 1 taking out. Now its about 3 to 1. Unsustainable.

Okay okay look I know we've had our differences oh, but I just learned about a really good investment opportunity. I know you are not one of the c u c k s so you'll probably want to invest all of your money in this. Have you heard of cryptocurrency oh, well it just got "Maga-fied"

If I were you I would invest all my money right now like put a new mortgage on your house and stuff because Donald Trump is a very trustworthy person, and this is totally not just another Ponzi scheme from a lifelong con man

https://www.rawstory.com/magacoins/
Get your hands on some Maga coins bro

I'm with you, but it wouldn't work because Socialism is a dirty work in the US even though there are tons of examples such as the military, cops, roads, streetlights, ...

#2 and related is that everything has to be seen under the lens of capitalism which is short for ponzi scheme where a very small number of people at the top get filthy rich while everyone else bends over and pretends that they could be that guy at the top some day.

Did you even watch the videos?

Even if you ignore the beginning with McIntosh stating "I 'politically remix' media to fit my agenda"..

The rest of that video is just screen captures of Sarkeesian's twitter.

Her twitter posts parrot those of McIntosh.

McIntosh & Sarkeesian are a couple. McIntosh the brains, Sarkeesian is the face.

She's not even a "gamer"!!

Google Sarkeesian + Exposed

Google Sarkeesian + teleseminar

Google Sarkeesian + early years

Google Sarkeesian + Bart Baggett

Sarkeesian is a troll. She's making money, nearly half a million, off it.

She's gone from "yearly income to monthly income", a phrase you'll recognize if you watch the Sarkeesian + teleseminar vids.

Sorry you can't wrap you head around my dislike of fraudsters.

I feel bad for you. You probably get caught up in ponzi schemes and duped by "homeless" women with babies on their hips.

I'm sorry, Newtboy, that you're so entrenched in your beliefs that you can't see my perspective.

Btw, how old are you? I'm a 27 black/hispanic male. I wonder about your life experience and what makes you so.. sheltered? gullible? trusting?

Anywho, thanks for contributing to the sift.

This must be the low information voter channel.

Now we know how low does a President have to reach mindless youth.

The ACA is just a a Ponzi scheme where the youth pays in and the elders get the care they need.

Sounds like Social security.

The youth of today would see jack benefits of neither.

@artician

Even if the models for the decline of empires are inexact, poorly sourced or even exaggerated, they are doing so to combat the overwhelming force of the status quo that feeds us a constant stream of comforting, mind-numbing bliss through mass media, mostly delivered though TV news, advertising and cleverly veiled in the actual entertainment that the audience enjoys.

It's hard to mount a comeback against a presupposed cultural truth supported by any form of economic interest. The tobacco industry, for example, mounted powerful misinformation and doubt as scientific evidence slowly leaked out that smoking was harmful. People just don't want to hear that the way they live and what they "know" to be true is going to change and that personal choice is going to have to be limited to some extent.

The same is true for global warming, deforestation, species extinction, pollution, etc., etc. You can resist the "ineffectual mumblings" of Hitchens, Chomsky and the like, but you do so to at your own peril. People like you are the do-do bird in this scenario. People like you are the 2 pack-a-day smoker who thinks they've been smoking for 20 years and feeling fine so why quit now. "Screw the scientists, they're all out to make themselves rich so they concoct these cackamamy experiments to 'prove' they need more research funding." Okay, it's your right to dismiss the advice of people smarter than you.

This video follows the same vein as Peter Joseph's Zeitgeist series (which I suggest you watch or rewatch for shits and giggles.) The idea of consumption tax seems a lot easier for our system to adopt than Joseph's idea of a "Resource-Based Economy." It just sounds more fair that those consuming resources pay back into the system and less airy-fairy than some socialist "to-each as to his need" idea. And let's face it, it's right on a social level. It's just too hard to get there based on our current economic and political structure.

Our wasteful way of life is just unsustainable. I don't think anyone can deny that the ponzi scheme of FIAT money is eventually going to collapse because the balance of wealth is way out of whack AND ONLY GETTING WORSE. And the USA is at the top, and yet owes trillions in funny money that they can only pay back if they stop building missiles and tanks. But I think we all know that when the shit hits the fan, we're going to want to get behind those tanks to ride out the storm of resistance from the 99%. Not the privileged 99% in the west, the 99% of destitute, impoverished poor that build the toys, sew and clothes, glue the plastic Walmart crap, and GROW THE FOOD that we want.to have cheap. We're doing this all on the backs of the "free slaves" in undeveloped countries: Columbia, Bangladesh and on and on.

Search your feelings, Luke. You know it to be true.

My sister has crohn's disease. Her insurance is $462/month and her conversion plan policy, which I learned is a KY State Health plan mthly premium is $1,550.00.


The link show average costs for insurance

http://www.heritage.org/~/media/InfoGraphics/2013/10/How%20Will%20You%20Fare%20in%20the%20Obamacare%20Exchanges/IB-premium-exchange-by-state-table-1-1
200.ashx

.
The young seem to get soaked.
Looks like a Ponzi scheme. just like Social Security. The young is paying for the old.

However just like Social Security you when the young get old you will never get the benefit.

>> ^crotchflame:

Keynesian Ponzi scheme?


Yea I had to listen to that part again, I thought I misheard. I just have to shake my head.

On topic, I can tell by the voice that this guy is rather young. Part of the 'facebook generation' as they call it. I'd just like to say twenty years ago before the internet people were just as selfish, self-absorbed, vapid drama queens. Only difference is they were that way to their neighbors and family members.

Keynesian Ponzi scheme?

indeed, the US economy most resembles a ponzi scheme, where the rich borrow at 0%,...the rate increasing from there, until the poorest borrow at 30%

the US economy is a ponzi scheme

>> ^Yogi:

>> ^ghark:
@silvercord - your argument about the postal service is invalid - the issue is not with the unions, it is with poor legislation that shouldn't have been passed. I agree with you that the system isn't working, but getting rid of Unions would be about the same as putting a bandaid onto the sinking titanic, I hope you packed a life jacket and some hot cocoa
Oh, and America is a very wealthy country, you seem to suggest that you are running out of money to fund these public services - that is a complete fallacy, the issue is that the money is maldistributed.

That's basically my point, this country has plenty of money, it just does it's that people are greedy as fuck so they're going to say that only THIS slice of the pie is available for you guys to fight over, sorry. It's just not true, public service unions have nothing to do with the crisis, when you look at the fact that we're in two Wars and spend double what the entire world spends on the armed forces.



What I'm suggesting is that we're running out of shells in which the government can move the money around. It just keeps taking from here and paying out over there; the biggest Ponzi scheme on the planet. I reference the Social Security program as one shining example of this dynamic. There should be scads of money there for our retirement. But they took it. They put it somewhere else. That's what they do.

The wars you rightly mentioned and the mismanagement of the people's money has put us, as of this writing, in roughly $15 trillion dollars of debt. There are many people who aren't about to vote one more dime to feed this pig until the pig can find some limits on its own piggery. And they'd better find a way to limit the spending of those they subsidize and bail out, as well. They also need to hurry.

And you're right. This country still has plenty of money. Our average income is only exceeded by Norway and Switzerland. In the eyes of the vast majority of those living on this planet, we are the one percent. So we'd better get it together . . . together.

Corporations attempts to soften us to the idea of the elderly working, instead of feeding at the trough of that socialist big government ponzi scheme called social security. Doesn't Wal*Mart have commercials like this?

@mgittle

I agree that particularly the sheer volume of speculative versus physical transactions is an issue.

You say though that speculative activity has nothing to do with supply and demand though, which I disagree with as ultimately that's what it's looking to predict. After all speculation based on rumor and not fundamentals is essentially a ponzi scheme, ultimately the price will fall back down to true levels when enough further buyers cannot be found, or for that matter when counter parties can't be found. Food may to some extent be an exception here in that people can't choose not to buy it though, so there is less pressure on it to fall if it rises too far.

Ultimately I agree that whether it causes more instability is debatable, but you could just as easily argue that more transactions means a deeper, more liquid market and that the price instability is more as a result of the market pricing in food price changes more readily. My issue with the video was more than it only listed the other factors, saying nothing of their significance relative to the argument it was making, which seems disingenuous.\