But we all know its a Ponzi scheme. Rather investing my and my employer's contributions back while I was actively working, the government used them for then current expenses rather annuitizing them. Now my kid's current contributions go to pay for my retirement. My son frets that the whole scheme will collapse before he is eligible to draw benefits.

That's very nice of you. But, did you not earn your Social Security? If you produced during your working years and contributed, that money was always yours.

I'm drawing Social Security in addition to my IRA distribution. So whenever I take my kids (and other current producers) out for a meal, I tell them I'm paying the check because "its a dividend on the money your contributing to my social security benefit every month." They like that.

some government is beneficial in principle. Rand was not an anarchist. I think about it like this. Progressives have made it their goal to infiltrate the universities, government agencies, public schools, businesses to push their agenda. Is it not in our best interest to also be in those organizations?

That helps tremendously, thanks for sharing that!

Yes, it is medicare supplements, sorry for the confusion

Thank you for that!

I had a similar circumstance come up last week. I was sent out to a school system to upgrade networking hardware and got into a conversation with the local IT director about how the funding for the project came about because of some spending bill that made the funds available provided you were using a particular list of approved contractors. I told him "Sorry I'm playing the crony capitalist today - I don't approve of it." He seemed a bit surprised, saying "But it's paying your salary!" It's not like I have much choice in the matter - I go where my company sends me and they don't tell me the funding sources for the jobs before I get there.

Thank you khalling for that post. Since I work as a local city official I have wrestled with that same dilemma. While it makes me feel somewhat better, I still pull my hair out being surrounded by looters who echo many times identical verbage from AS. I try to minimize government impact when I can, but often end up holding my nose to do my job.

As usual Rand was spot on. I suffer no guilt from collecting Social Security since I was given no choice in participating in this Ponzi scheme.

I'm guessing that what he is really selling is plans to supplement medicare because medicare doesn't cover everything so people get supplement plans to keep their out of pocket expenses down. People still have to pay for that every month. To me it just sounds like he is selling insurance to people who already have medicare which, as khalling stated, is mandatory.

Here is Rand's answer
http://aynrandlexicon.com/lexicon/govern...

First of all, Medicare is mandatory. Therefore, helping people to make the best decisions for themselves regarding plans would not be immoral as long as you openly acknowledge the immorality of the government forcing people to pay into such a system. The same would be true of accepting a government grant.