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To: jackmercer

Ponzi scheme

I'm sorry but that is what SS is.
14 posted on 12/12/2008 11:01:31 PM PST by Liberal Bob (looneyleft.com)
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To: Liberal Bob

Ponzi scheme using fiat (ponzi) money.


16 posted on 12/12/2008 11:02:32 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Liberal Bob

In a Ponzi scheme, the house of cards can collapse. SS is backed by a $14 trillion GDP and is a contractual obligation. If that GDP goes away, then it means we have anarchy and a VERY short time to live and SS won’t matter. In that scenario, ammo, not cash, is king.


22 posted on 12/12/2008 11:18:44 PM PST by jackmercer
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To: Liberal Bob

Ponzi scheme
I’m sorry but that is what SS is.

Thanks .. now I don’t have to type it all over again..


23 posted on 12/12/2008 11:19:15 PM PST by gwilhelm56 (Orwell's "1984" .. to Conservatives- a WARNING, to Liberals - a TEXTBOOK)
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