Isn't Social Security the biggest Ponzi scheme of all time?
With the Madoff scheme coming fully to light it's being branded as the biggest Ponzi scheme ever.....
But what about Social Security, in my opinion, it is the epitome of a Ponzi scheme, and it continues to con an entire nation.....
Didn't want to hijack your thread jetswin.....
no because to be a Ponzi scheme the participants can't know how the scheme/system/scam works
Social security is not a ponsi scheme. Ponzi schemes are inherently empty.
SS was founded to reduce the poverty rate and improve the standard of living among seniors and, whatever issues it has, it succeeded at that.
It became inherently empty when congress began raiding the funds.
Originally Posted by nuu faaola
approx 15 seconds after voting it into law no doubt!
Originally Posted by jefethegreat