Social Security and Medicare are Ponzi Schemes
The Social Security system and Medicare are ponzi schemes, no less than Bernard Madoff’s financial scheme was. The essential elements are the same:
You take a small amount of money from the first person, promising a greater amount in return. Then you charge a larger amount from the next person and pay off the first person with his greater return. Next you charge a third person a higher amount and pay off the second with a greater return. You do this until the last person in the chain is unable to pay and the bubble bursts.
A variation on the ponzi scheme above involves taking a small amount of money from the first person, promising a greater return. Then you charge the same amount to two people, and pay the first person his greater return. Next, you charge the same amount to four people and pay the second two their greater return. You do this until you run out of people, and then the bubble bursts.
A New Cure for Cancer?
Tonight 60 Minutes ran a story about John Kanzius, a man with leukemia, who out of desperation to cure himself from his disease, developed a treatment for the disease using radio waves. Although he eventually succumbed to the disease in February 2009, a cancer research doctor who worked with him on his novel treatment is now have success at killing 100 percent of malignant cells in pancreatic cancer, colon cancer, leukemia, and more.
This discovery, which could be one of the most important medical discoveries of our century, happened the way most human innovation occurs. An unlikely person with the right knowledge and skills is thrust into a challenging situation, and with unrelenting initiative and sacrifice makes a discovery that might cure cancer in millions of future patients. Continue reading →
The nation-state is a modern concept that arose with the breakdown of the Holy Roman Empire. I contributed an article on this topic to the New World Encyclopedia a couple of years ago because it is a concept that is related to much of the war and oppression in the world.
A “nation” refers to a national group of people, and national groups are connected by language, culture, and ethnicity. A “state” is a politically unified territory. When a national group controls a state, any minorities living in that state tend to be oppressed and treated as second-class citizens. The Holocaust in Germany is an example of the idea taken to the extreme, with Hitler’s attempt to create a pure nation-state. Continue reading →
Human Nature and Nurture
Human beings, by nature, seek to improve their life. They seek to improve their life by improving the quality of the food they eat, the comfort of their surroundings, the security of their environment, their social and sexual relationships, their intellectual abilities, and their physical skills.
The video below describes a concept in my book, related to three major organs of society and how they need to work together for the whole. In the present world, the relationship between government, culture, and economy is not well understood, and dysfunctional society, corruption, and oppression is the result. Freedom requires that each social organ fill its own role and not attempt to coopt or control others. A constitution is like a computer operating system or the central nervous system.
For example, government should police culture and referee the economy, but it should not create moral values or run businesses.
description=”Life, Liberty and Organs of Government”
The United States, through a failure to manage its money properly, has squandered the capital accumulated for the past and accumulated unsustainable debt that will enslave its children. People like David Walker, former head of the US Government Accounting Office (GAO) have long been sounding alarms as in the video below. However, our political leaders are violating basic economic principles as a result of improper legal structures that provide improper motivations, and a lack of general competency and inadequate public awareness.
Since this video was made, the problems Walker was talking about have only escalated because laws that require operating within the bounds of sound economic principles have not been passed and out-of-control spending by those in power continues at the expense of the next generation. This is the moral equivalent of selling your children into slavery or prostitution.
The Rise and Fall of the United States has many similarities the the Rise and Fall of Rome. This video explains some of the reasons for the collapse of Rome: excessive centralization, inadequate checks on power, and inadequate leadership being primary issues that face the United States today. When Rome collapsed the descendants of its large and prosperous middle class ended up as serfs under feudal lords. This was not the only path Rome could have taken, but it is the result of gradual decay.