Quote:
Originally Posted by KSig RC
We do, and the reason why we heavily tax casinos is to help offset the social cost of the catastrophic losses suffered by morons, addicts and others.
Past that, I don't get why this is a "Libs" thing - I'm not a liberal under any definition, I want to keep as much of my money as possible. Other people going broke forces me to spend my money on them, too - like it or not, that's the way it is. So let's not change a bad system for a worse one that allows them to go broke faster and in more ways.
I'm not sure what it's like in your part of the country, but honestly quite a few "libs" I know hate the lottery system for being about the most regressive 'tax' in the world - and I've never met a "Repub" who got all up in arms because dumb poor folk were getting charged a 49% tax on their lottery EV without being told about it or where it was going. So like ...
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Um, so why have casinos if you have so many problems with addicts, morons, etc. (your words)? This is, of course, a redundant question. The answer is because we as a people have freewill to do dumb stuff. As such, I do not believe it is my responsibility to rescue people who do dumb stuff with their money. I do believe it is our responsibility as a society to help the truly helpless and indigent. But not the morons and addicts.
How do you know that changing the SS system by privatizing a portion of it would necessarily be bad? Is this what the talking heads have told you? If we haven't tried it how do we know it won't work? Instead you would have us we keep bailing it out and throwing good money after bad. If we do the same thing over and over again why should we expect a different outcome? That is just crazy.
http://www.foxnews.com/politics/2011...security-fund/#
I put my money into mutuals over the last 20 years and while the funds have gone up and down over this time frame I am well into the plus side. I am not a genius when it comes to investments but a (very) little common sense and one can build equity. One has to look at the long term results not the short term fluctuations.
What would one call someone who supports gambling or the lottery and then bemoans the fact that some people become addicted and lose all their money? Maybe I have misrepresented the "liberal" viewpoint but it is certainly not a conservative one. Perhaps it is just an insane viewpoint, instead. I am truly baffled.
I am in NC and can assure you that our state, which until this year has been run by "libs", in both chambers for the last 60 years , installed a lottery for "education" over the objections of those more conservative in beliefs. This lottery is a joke as the funds do not go directly to education and instead go into the general fund just like SS funds do at a national level. Education has not received extra due to lottery receipts and now we are laying off teachers. I am sick and tired of our "leaders" wasting our money and lying to us about their intentions.
SS is a sham and never was intended to be a retirement fund. It is a safety net and even at that a poor one. 15% of our money goes to prop this joke up and we are in the red this year.
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