NODE bc696022RE: Workers Paradise. /Political rant.
tcmay@got.net (Timothy C. May)Tue, 17 Sep 1996 04:21:18 +0800
At 3:18 PM 9/16/96, jbugden@smtplink.alis.ca wrote:
>I don't think that a reasonable person would argue that medical insurance
>should
>be outlawed because everyone should take care of their own needs. A social
>safety net is simply a form of health and life insurance. Statistical arbitrage
>if you will. By spreading the risk you minimize the cost. Yes, some people will
>take advantage of the system. But like a virus, a robust system should be able
>to withstand this form of attack.
I have never argued against insurance! People who wish to buy insurance are
welcome to, obviously.
As to the "social safety net," things are far, far beyond a simple safety
net. When 14-year-old pregnant inner city girls are given money to set up
their own households (cf. Charles Murray's "Losing Ground"), this is not a
"safety net," this is subsidized breeding.
And so on.
--Tim May
We got computers, we're tapping phone lines, I know that that ain't allowed.
---------:---------:---------:---------:---------:---------:---------:----
Timothy C. May | Crypto Anarchy: encryption, digital money,
tcmay@got.net 408-728-0152 | anonymous networks, digital pseudonyms, zero
W.A.S.T.E.: Corralitos, CA | knowledge, reputations, information markets,
Higher Power: 2^1,257,787-1 | black markets, collapse of governments.
"National borders aren't even speed bumps on the information superhighway."
NODE e26f31d7RE: Workers Paradise. /Political rant.
dlv@bwalk.dm.com (Dr.Dimitri Vulis KOTM)Tue, 17 Sep 1996 09:16:35 +0800
tcmay@got.net (Timothy C. May) writes:
> I have never argued against insurance! People who wish to buy insurance are
> welcome to, obviously.
Tim doesn't understand the difference between a private insurance participation
in which is voluntary (most life insurance in the U.S., most retirement
savings plans) and a government-mandated scam like Social Security.
I fart in your general direction.
---
Dr.Dimitri Vulis KOTM
Brighton Beach Boardwalk BBS, Forest Hills, N.Y.: +1-718-261-2013, 14.4Kbps