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To: reaganator

***Every Social Security contribution****

Forced contribution is confiscation.

Years ago AARP Magazine had an article on the SS system. It said the SS was NOT a Ponzi Scheme because Ponzi schemes always collapse. Because SS has not collapsed was used as proof the SS is not a Ponzi Scheme.

A few pages on was an article by Jane Briant Quinn on how the SS system was set up. Without saying the word “Ponzi” she showed how the SS was set up just like a Ponzi Scheme with FORCED “contributions” constantly coming in.


42 posted on 01/29/2024 8:04:34 AM PST by Ruy Dias de Bivar
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To: Ruy Dias de Bivar

AARP:

” It said the SS was NOT a Ponzi Scheme because Ponzi schemes always collapse.”

That is true.

The problem is that everybody involved thinks they are not a Ponzi scheme—until they collapse!


47 posted on 01/29/2024 8:11:56 AM PST by cgbg ("Our democracy" = Their Kleptocracy)
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