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Chris Matthews’ Social Security admission: ‘It is a Ponzi scheme’
The Daily Caller ^ | September 9, 2011 | Jeff Poor

Posted on 09/09/2011 7:32:09 AM PDT by caroline2005nc

Betcha didn’t see this one coming.

On MSNBC’s Thursday broadcast of “Hardball,” host Chris Matthews committed the mortal sin — he nearly parroted the theory that mortified so many of the network’s hosts and guests throughout the day. Matthews called Social Security “a Ponzi scheme” the day after Republican Texas Gov. Rick Perry doubled down on his previous statements echoing that sentiment in the Republican debate

(Excerpt) Read more at thedc.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: chrismatthews; ponzi; rickperry; socialsecurity
How about them apples?!?! They can't deny it any longer..
1 posted on 09/09/2011 7:32:11 AM PDT by caroline2005nc
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To: caroline2005nc

http://www.freerepublic.com/focus/f-news/2775868/posts


2 posted on 09/09/2011 7:34:03 AM PDT by Grunthor
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To: caroline2005nc

Thank you for this post!

It is sooooooooooooooooooooooooo nice to hear a pinko lib admit to reality!


3 posted on 09/09/2011 7:34:43 AM PDT by Graewoulf ( obamatrauma"care" violates the 1890 Sherman Anti-Trust Law.)
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To: caroline2005nc

Socialist Security is a Ponzi scheme in which participation is MANDATORY.


4 posted on 09/09/2011 7:36:09 AM PDT by Fresh Wind ('People have got to know whether or not their President is a crook.' Richard M. Nixon)
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To: caroline2005nc

Is “mortified” really the right word for this, in the sense that this assessment of social security is humiliating for the hosts and guests?


5 posted on 09/09/2011 8:02:42 AM PDT by lukeggl
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To: caroline2005nc

Social Secuirty Trustee admits it’s a Ponzi Scheme

http://www.youtube.com/watch?v=ITMEZImvNio

the SS Trustee also says that payroll taxes alone will have to be 30% in order to keep paying the current level of benefits.

Money quote:

“Writing yourself a check for $1,000,000 does not make you a millioniare”


6 posted on 09/10/2011 12:00:39 PM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
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