no, it's not a Ponzi scheme...their would have to be investment to qualify as such, there is no investment in regards to SS.
and no, it's not an insurance policy either....you actually have property rights pertaining to insurance benefits, you have no such rights with SS.
:shock: The Washington Post is RACIST!!!
Yeah, that editorial really convinced me. Editorials are never wrong...
Thank you for your valued and insightful post. It's wonderful that we have people who want to actually discuss issues and not play silly games.
no. but if we want to discuss the extent to which discussion of Social Security as a Ponzi Scheme is accurate or mainstream, then it is worth pointing out that there have been many (on both sides of the aisle) who have referred to it in that manner.
entitlement reform is just code word for going back to the days of Jim Crow and seeing black people hanging from trees. the Congressional Black Caucus Told Me So.
So no, you do not have any interest in adult conversation. Got it.
Hey, would ya look at that ... ???
U.S. calls online poker site a "global Ponzi scheme"
NEW YORK (Reuters) - U.S. prosecutors made new allegations on Tuesday in a probe of the Full Tilt Poker website, accusing self-styled "Poker Professor" Howard Lederer and professional poker champion Christopher Ferguson and others of paying themselves more than $440 million while defrauding other players.
In a motion filed in federal court in New York to amend an earlier civil complaint, the prosecutors accused Full Tilt Poker of running a Ponzi scheme that continued even after the original charges were filed.
... Social Security is now like a poker game!
Yes? No? Why?
The problem with Social Security has nothing to do with the aspects that conservatives claim that it's a ponzi scheme.
Rather, the problem with Social Security is that Congress is willing to borrow out of the fund and claims it will pay it back with interest.
If Congress were to make it illegal to borrow out of SS to pay for other things many of the problems with it would go away.
Yes? No? Why?
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