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Posted on 8/13/17 at 9:51 am to armytiger96
quote:flesh that thought out for us. I am genuinely curious, and I'm not certain that you understand the concept of a Ponzi scheme if you understand how social security works
armytiger96
Please do enlighten me. I might be missing something.
Posted on 8/13/17 at 9:54 am to poochie
Nitrogen air for tires
Posted on 8/13/17 at 9:55 am to ldts
quote:
Hot dogs in packs of 8, buns in packs of 10?
Isn't it the other way around?
Posted on 8/13/17 at 9:59 am to poochie
I can think of 1000 things that are more of a rip off than where the perforation is on paper towels.
Posted on 8/13/17 at 10:01 am to SlapahoeTribe
quote:
Isn't it the other way around?
Oh shite, you're right. Guess I haven't had enough coffee yet!
Posted on 8/13/17 at 10:02 am to poochie
Welfare?
Posted on 8/13/17 at 10:02 am to Rouge
quote:
flesh that thought out for us. I am genuinely curious, and I'm not certain that you understand the concept of a Ponzi scheme if you understand how social security works
Please do enlighten me. I might be missing something.
SS depends on an ever increasing population to make the payouts to earlier participants, given politicians have never had the guts to normalize it for increased lifespans. Thus, earlier participants get more in payouts than they put in until it collapses. The original scam was get paid at 65 when that was the average lifespan. How else did it get $50T in unfunded liabilities?
That is the biggest scam.
The most outrageous scam is lotteries, i.e., "running numbers" back when the mob did it.
They have a 50% payout, a big win gets taxed, again close to 50%, and the ads promote the sum of the payments as "the jackpot" with no regard to net present value, which is literally the first concept covered in any basic finance course.
Posted on 8/13/17 at 10:03 am to ldts
Hebrew National hot dogs come in a pack of 7 for some insidious reason.
Posted on 8/13/17 at 10:08 am to Rouge
quote:
I'm still going with organized religion
How do you feel about disorganized religion?
Sorry, couldn't resist.
Not sure if I think organized religion is always a scam, per se, but you could make the point that most major denominations and many smaller and non denominational churches as well as many non christian religious sects have been used by unscrupulous men and women to consolidate money and power.
Posted on 8/13/17 at 10:12 am to poochie
I think the "number of loads" on laundry detergent is equally a scam
If you read the instructions it tells you to use a full scoop for a large load, yet the advertised loads is based on half scoop.
God damn ripoff
If you read the instructions it tells you to use a full scoop for a large load, yet the advertised loads is based on half scoop.
God damn ripoff
Posted on 8/13/17 at 10:17 am to poochie
Damn this thread is full of privilege
Posted on 8/13/17 at 10:18 am to poochie
quote:
Message
Is there a bigger modern day scam than full size paper towels?
Big Pharma and the war on drugs
Posted on 8/13/17 at 10:21 am to gthog61
quote:
The most outrageous scam is lotteries, i.e., "running numbers" back when the mob did it.
There were lotteries before current incarnation of the mob.
From Wikipedia:
quote:
The first recorded signs of a lottery are keno slips from the Chinese Han Dynasty between 205 and 187 BC. These lotteries are believed to have helped to finance major government projects like the Great Wall of China. From the Chinese "The Book of Songs" (2nd millennium BC.) comes a reference to a game of chance as "the drawing of wood", which in context appears to describe the drawing of lots.
From NOLA.com an article about the original Louisiana lotterry started in 1868
Posted on 8/13/17 at 10:37 am to poochie
quote:
Is there a bigger modern day scam than full size paper towels?
Income taxes, property taxes, sales taxes, taxes in general..
Posted on 8/13/17 at 10:42 am to poochie
The select a size was invented to make you use more rolls of paper towels faster. And it works. They wouldn't be doing it if it didn't
Posted on 8/13/17 at 10:45 am to Feelthebarn
quote:
The select a size was invented to make you use more rolls of paper towels faster. And it works. They wouldn't be doing it if it didn't
Then why no select a size toilet paper
Posted on 8/13/17 at 11:30 am to poochie
Disney
This post was edited on 8/13/17 at 11:31 am
Posted on 8/13/17 at 11:31 am to poochie
Bottled water is the biggest scam known to man.
Posted on 8/13/17 at 11:36 am to poochie
quote:
Is there a bigger modern day scam than full size paper towels?
The French fry poboy in New Orleans.
The Sauce Bun at HiHo.
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