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To: Graewoulf

Let’s check out what wiki says:

[A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors, not from any actual profit earned by the organization, but from their own money or money paid by subsequent investors. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.]

Hmmm, sounds very familiar to Social Security.


79 posted on 09/08/2011 7:58:53 AM PDT by GraceG
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To: GraceG
Hmmm, sounds very familiar to Social Security.

Familiar? I'd say more like a near perfect example.
80 posted on 09/08/2011 8:02:21 AM PDT by ZX12R (FUBO GTFO 2012 !)
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