08-18-2009, 07:41 PM
Join Date: Feb 2006
Member Number: 1990
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Re: New Lies for Old
Originally Posted by steelreserve
They tried to do something like this in the Baltic states after the breakup of the Soviet Union -- once communism ended, instead of just giving everyone the deed to the state-owned house they lived in, they gave them the equivalent amount of cash. Some people just said OK, we'll use it to buy the house. Others spent the money on all kinds of other things, and as you can guess, it didn't work out so well for them. So they had protests demanding help, and wouldn't you know it, most of them ended up in housing paid for by the government (although they didn't actually own them).
heh ... I once knew some girl in this country who came from a pretty poor family, but inherited about a quarter-million dollars when she was about 22 or 23 years old. Quit her job, bought one brand-new SUV, then bought another brand-new SUV. Rented a house by herself for a couple grand a month, and threw big house parties every couple days with hella coke and hella weed.
After about six months, she had to sell the first SUV to pay the rent; after about eight months the second one got repossessed and she was getting evicted, so of course she used the last of the money to throw a "we're getting evicted" party and trash the place. I don't know what she's doing now, but it probably involves selling weed.
Seems like about par for the course if you handed out that kind of cash and left people to their own devices. Although if you gave it to everybody at once, it'd be pretty fun to watch.
well thats just my point. lets just say they stopped taking it out of everyones check. do you seriously think people are responcible enough to plan that far ahead ??? hell no... most people don't even know what budget means. i guarantee if most people who have insurance through companies, if they were offered the cash equivalent on thier checks instead of the insurance.. they'd roll the dice and take the cash instead of the security... most people are all about today, not the future. ultimately in the end you'll ALWAYS end up supporting others, its just a matter of the name they assign to it on your deductions.so call it fica or fed tax, social security or welfare.....it'll always be coming out of your check. they can take 40 million off of the social security and add 40 million to welfare..is it going to make a difference?
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Last edited by MasterOfPuppets; 08-18-2009 at 07:57 PM.