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From: canopus@amdahl.UUCP (Flaming Asteroid)
Newsgroups: net.flame
Subject: Re: Social Security
Message-ID: <900@amdahl.UUCP>
Date: Wed, 9-Jan-85 12:53:29 EST
Article-I.D.: amdahl.900
Posted: Wed Jan  9 12:53:29 1985
Date-Received: Sat, 12-Jan-85 01:21:19 EST
References: <222@cmu-cs-cad.ARPA> <580003@acf4.UUCP>
Organization: Amdahl Corp, Sunnyvale CA
Lines: 22


  Mr. Greenberg:
> It (replacing Social Security with IRA's or their ilk) sounds good BUT:
> 
> what of the guy who waits till he's 59.5, takes all the money out of
> his IRA account, and losses it it (spends it/ gambles it, etc.).
> 
> Now he's old, and broke. Does society support him, or let him starve??

  Me:
  If the man has made it to 59.5, he should have enough common sense
  NOT to blow it all at once.  If he is dumb enough to spend it all at
  once, [1] I don't see how he made it to 59.5, and [2] the jerk
  *should* starve!!!

  Besides, the govt has already spent all our future Social Security
  money!
-- 
Frank Dibbell  (408-746-6493)    ...!{ihnp4,hplabs,amd,nsc}!amdahl!canopus
[R.A. 6h 22m 30s  Dec. -52d 36m]

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