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To: Willie Green
I concur. I am merely pointing out the reality that even the most junior congressman is aware of: Social Security is a Ponzi chain scheme.
11 posted on 12/28/2002 9:51:35 AM PST by Thisiswhoweare
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To: Thisiswhoweare
Social Security is a Ponzi chain scheme
By law its "payroll tax" revenue current-accounts surplus must be "invested" in Treasury notes.

"Invested" belongs in quotes because the "Social Security Trust Fund" will no more help our descendants raise the money to make up the current-account deficit expected in the future than you can make yourself rich by writing a $1 billion IOU to yourself . . .


34 posted on 12/28/2002 4:49:21 PM PST by conservatism_IS_compassion
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