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To: 6thavenue; ClearCase_guy
A Ponzi scheme that is still operating and delivering payments after 90 years is not a Ponzi scheme.

Of course SS is a Ponzi scheme.

You think your SS check is from money YOU made? Nope that money is long gone to those went before. You're getting paid by today's young working folks.

Definitely a pyramid/Ponzi scheme. If the generation didn't pay up, YOU'D not get your SS check.

45 posted on 01/20/2023 3:14:38 PM PST by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: Jim W N

A Ponzi scheme is entered into voluntarily. SS is not entered into voluntarily, rather at the barrell of a gun.


49 posted on 01/20/2023 3:23:02 PM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Jim W N

“ Definitely a pyramid/Ponzi scheme. If the generation didn’t pay up, YOU’D not get your SS check.”

That’s also true of government bonds in your IRA, and any government program including defense delartment salaries and pensions for soldiers. If new tax money doesn’t keep flowing in, the checks will bounce. Social Security is no different


103 posted on 01/20/2023 5:17:53 PM PST by 6thavenue
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