[Graewoulf]

Is this question a litmus test for those who wish to cut entitlements? ( Clue: The question was repeated ten minutes later on the same program and Senator Orin Hatch replied: " I would never call it a Ponzi Scheme.") What say you?

[Grunthor]

Look up the definition of “Ponzi Scheme” and tell me how it is NOT one.

[who knows what evil?]

Beck is defending Perry’s response re: social security last night...ponzi scheme...deal with it.

[Saundra Duffy]

Got to hand it to Rick Perry for being bold enough to bring it up!

[rellimpank]

—it is worse than a “Ponzi” scheme because it is collected at the point of the government gun—Ponzi schemes are voluntary scams, invested in by fools-—

[Marty62]

Of course it is. The problem for the “progressives” is that THEY killed the scheme by aborting 50 million contributors.

As with all ponzi schemes it collapses when you lose new suckers to invest.

Classic Ponzi scheme.

[swamprebel]

forget the Criminal elements, SS depends on an ever expanding group of new members to pay out to the old members. Problem is demographically there is not an ever expanding base comming down the age line. Add in 25% teenage unemployment amoung the reduced population base, and you have a “collapsed” pyramid scheme.

[Common Sense 101]

Hey Tommy... What’s the current account balance in the Social Security “lockbox”, you ignorant, socialist-loving a$$ clown.

[Bigun]

Social security is a government run PONZI scheme with a printing press! Carlo Ponzi didn’t have one of those and as faras I know he didn’t FORCE his victims in either!

[rockinqsranch]

It’s every bit a Ponzi Scheme, but most politicians don’t want to be associated with a negative discussion of Social Security for fear of the lie machine the Democrats keep so well lubricated, maintained, and functioning.

[DeaconRed]

It has been a PONZI SCHEME since day one. SS was designed for the majority to die before receiving any benefits. As life expectancy rose the politicians kept raising the age one could put in for benefits.
They want to raise the age again.

[ClearCase_guy]

Republicans need to hit a few definite points when discussing this topic:

1) No one is going to wave a wand and make Social Security disappear overnight, reducing all of our seniors to abject poverty.
2) People who are close to retirement are not going to be abandoned.
3) Young people will be transitioned to something that is sustainable.

Yes, Social Security is a ponzi scheme. It had to fail sometime: that's what ponzi schemes do. We can recognize that it was a terrible program, while still aknowledging that we have a commitment to some people. No one is going to just throw them all under the bus.

[Hemingway's Ghost]

It is, more or less, a Ponzi Scheme," but Perry could have made his point a lot better last night by showing the audience why it was so, rather than just telling the audience it was so. Show, don't tell.

[Conservativegreatgrandma]

Of course SS is a Ponzi scheme and this shows the boldness of Perry to call a spade a spade. The problem is the country is likely to reject the truth but someone had to say it.

[Travis McGee]

Kudos to Santelli.

Again!

[WayneS]

Yes.

[eyedigress]

Of course it is. The Government is doing the exact same thing Bernie Madoff is in prison for.

[WashingtonSource]

Santelli was brilliant. Friedman was moronic and shocked that his put down to Santelli was return with full force and more.

[Above My Pay Grade]

It is worse than a Ponzi scheme. Nobody is forced to invest in a Ponzi scheme, and in most cases, greed leads most investors/victims to invest in deals that clearly seem dodgy.

With Social Security we have no choice.

[kabar]

Why Social Security is a Ponzi Scheme

[2001convSVT]

YES!