Alternative Power sources - As seen on OPRAH. Turn $6 to $60,000 in 90 days guaranteed !!!!!

Author

As seen on OPRAH. Turn $6 to $60,000 in 90 days guaranteed !!!!!

David Williams

2007-09-06, 3:25 am

-> Turn $6 into $60,000 in 90 days, GUARANTEED!!

What you are promoting is called a "pyramid scheme". Increasing numbers
of people are each milked of a little money, which is given to the
smaller numbers of people who were in earlier. For a while, people get
rich.

But it can't work for ever, of course. There's a finite number of
people on the earth, and fewer people who are willing to get involved
in this kind of scam. Sooner or later, the pyramid runs out of
potential new victims, and at that point the people who have already
paid will not get their money back, let alone any profit. They become
the ultimate losers, at whose expense others have become rich.

Pyramid schemes are legal in some places, but *not* in others. Here in
Canada, for example, promoting or participating in any pyramid scheme
is illegal. Your message has been circulated internationally, including
in Canada. You are therefore in breach of Canadian law.

dow

no spam

2007-09-06, 5:25 pm

>-> Turn $6 into $60,000 in 90 days, GUARANTEED!!
>
> What you are promoting is called a "pyramid scheme". Increasing numbers
> of people are each milked of a little money, which is given to the
> smaller numbers of people who were in earlier. For a while, people get
> rich.
>
> But it can't work for ever, of course. There's a finite number of
> people on the earth, and fewer people who are willing to get involved
> in this kind of scam. Sooner or later, the pyramid runs out of
> potential new victims, and at that point the people who have already
> paid will not get their money back, let alone any profit. They become
> the ultimate losers, at whose expense others have become rich.
>
> Pyramid schemes are legal in some places, but *not* in others. Here in
> Canada, for example, promoting or participating in any pyramid scheme
> is illegal. Your message has been circulated internationally, including
> in Canada. You are therefore in breach of Canadian law.

They are legal in the US if you are the government. FYI, social security is
nothing more than a pyramid scheme.

daestrom

2007-09-08, 5:25 pm

"no spam" <no@spam.net> wrote in message
news:EAYDi.38365$G23.4633@newsreading01.news.tds.net...
>
> They are legal in the US if you are the government. FYI, social security
> is nothing more than a pyramid scheme.

Nonsense. Social security is a 'pay as you go' scheme where the workers of
today pay for the retirees of today. Just like workers of your parents
generation paid for the retirees then.

The only thing about it that even remotely smells of a pyramid scheme is
that there will be more retirees tomorrow than there is today.

Pyramid schemes, as David points out, require an ever increasing number of
participants. For each 'generation' of participants to get rich, they must
all recruit multiple people into the next generation. Social security isn't
like that at all. If the age demographics of the US work force remained
perfectly static, social security would go on forever with no need for an
ever increasing participation.

daestrom

Anthony Matonak

2007-09-08, 5:25 pm

daestrom wrote:
> "no spam" <no@spam.net> wrote in message
>
> Nonsense. Social security is a 'pay as you go' scheme where the workers
> of today pay for the retirees of today. Just like workers of your
> parents generation paid for the retirees then.

I believe he meant 'Ponzi scheme'.

http://en.wikipedia.org/wiki/Ponzi_scheme
: A Ponzi scheme is a fraudulent investment operation that involves
: paying abnormally high returns ("profits") to investors out of the
: money paid in by subsequent investors, rather than from net revenues
: generated by any real business. It is named after Charles Ponzi.

Social security relies in part on the fact that most people will die
before they can collect what they've paid. It also relies on inflation
to make the value of what you get back less than what you put in.

What makes trouble for social security is that people are being kept
alive longer (at great expense) and there are fewer children being born.
The children that are being born are predominantly from poor immigrants
who won't earn as much over their lives. In addition, a percentage of
those work under the table and don't pay into social security at all.

Anthony

Jim

2007-09-08, 8:25 pm

"Anthony Matonak" <anthonym40@nothing.like.socal.rr.com> wrote in message
news:46e313d3$0$32528$4c368faf@roadrunner.com...
> daestrom wrote:
>
> I believe he meant 'Ponzi scheme'.
>
> http://en.wikipedia.org/wiki/Ponzi_scheme
> : A Ponzi scheme is a fraudulent investment operation that involves
> : paying abnormally high returns ("profits") to investors out of the
> : money paid in by subsequent investors, rather than from net revenues
> : generated by any real business. It is named after Charles Ponzi.
>
> Social security relies in part on the fact that most people will die
> before they can collect what they've paid. It also relies on inflation
> to make the value of what you get back less than what you put in.
>
> What makes trouble for social security is that people are being kept
> alive longer (at great expense) and there are fewer children being born.
> The children that are being born are predominantly from poor immigrants
> who won't earn as much over their lives. In addition, a percentage of
> those work under the table and don't pay into social security at all.
>
> Anthony

Oddly enough, SS is currently getting $500,000,000/yr from illegals
paying into numbers they made up; IOW, money the gubmint gets to keep!

LinkBot