[reaganaut1]

Of course it's a Ponzi scheme. My payroll taxes are spent immediately, and I'm supposed to hope that future generations will be willing to be taxed for my benefits.

[DeaconRed]

100% PONZI
I for one am glad somebody has the guts to admit it.

[fantail 1952]

Of course its a scam! One that no American can opt out of. Sooooo, we have to wait until we retire to just get our “investment” back.

[ozark hilljilly]

Well, it IS!
(I just wish I could believe that he really believes the things he says.)Oy.

[Bigun]

The TRUTH is the TRUTH! Simple as that!

Social Security is, and always has been, nothing more than a government run Ponzi scheme! Anyone who doesn’t believe that should start a PRIVATE insurance company based on that exact model and see how long it take for them to throw you in jail!

[RC2]

You got that one right. It should be obvious when we see the government owing SS $2.5 Trillion. They use SS taxes for the general fund and spend it all as they get it. If SS is to survive, this has to stop and repay th $2.5 Trillion.

[jonrick46]

“I haven’t backed off anything in my book. So read the book again and get it right,” he said.

This is a man with the right stuff to defeat Zer0 who is nothing but a team player for the leftist cronies around him.

[Logical me]

Thank you Governor Perry. You are right. This Ponzi scheme has been robbed with the deposits spent foolishly and most of Americans are ignorant of this fact.

[SampleMan]

SS is on a perfectly sound footing, except for the math.

[blackdog]

When you've paid over a hundred grand into a scheme, it's a program.

Of course it's a ponzi scheme.

[SMARTY]

He’s right about that.

Tax payers are diddled out of their money so Congress can appropriate it to buy votes and stay in office. PERIOD!

[CSM]

Bernie Madoff has nothing on our own government......The fact that Perry’s statements are being called “controversial” is more proof of the complicity of the MSM in the destruction of our republic.

[GeronL]

Ponzi scheme is correct

[LaybackLenny]

Someone cue ‘Captain Obvious’...

[Brilliant]

Oh, oh... He let the cat out of the bag.

[Georgia Girl 2]

The truth is the truth. If I had had a private non speculative retirement portfolio and had been required to deposit into it every month I would be getting 2-3 times the return. Rick Perry is right. And Paul Ryan is right about Medicare. It would be a lot cheaper to just pay the insurance premiums for private insurance for seniors and let them choose their own doctors etc. they would get more bang for their buck and it would eliminate the waste and fraud.

[Soothesayer9]

I absolutely loathe SS. People should get what they paid into it. They don’t. I like Chile’s system more.

Agree with others that this might be Perry’s Achilles heel for him. The Dems will harp about how Perry is such a meanie for wanting to throw Granny to the curb.

Yet watch which countries the Dem harpies flock to when SS REALLY goes belly up.

[Gabrial]

No it is not a Ponzi scheme.

In a Ponzi scheme, you get paid something from the people that sign up after you.

It is much worse than a Ponzi scheme.

I have paid into Social Security for 32 years and have yet to a a penny of what I have paid in.

In the statement they send me, it says in effect “this statement is meaningless because we can pass laws at any time that can reduce your benefits or eliminate them entirely”.

[Brett66]

raising questions about when a colorful and forceful position crosses the line into political gaffe

In the MSM, the truth is a gaffe.

[Common Sense 101]

If these Marxist-loving perverts in the MSM want to stay on this issue, Perry need only ask these scum one question back in response: What’s the current account balance of the Social Security “lockbox”?

[Valpal1]

I agree with him.