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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (768652)2/18/2009 4:13:22 PM
From: Wayners  Read Replies (1) | Respond to of 769670
 
I thought this was the biggest Ponzi Schemer in History:



How is SS not a Ponzi Scheme. Here is the definition: The term "Ponzi scheme" is a widely known description of any scam that pays early investors returns from the investments of later investors.

Clearly past and present social security recipients have and are being paid from future/later recipients. Just as in all Ponzi schemes, such schemes are not sustainable.


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