Monday, September 19, 2011
A Ponzi Scheme
Does anyone really think that Social Security is not a Ponzi Scheme? It relies on current contributions to make its payout. How is that any different? The only thing it has in its favor is that the government is a legal counterfeiter, unlike Ponzi and Madoff, the poster children of this same scheme. We simply don't have the money. How will we magically get it?