Friday, September 16, 2011

Social Security's Monstrous Lie

Rick Perry's description of Social Security as a Ponzi scheme is great, but it doesn't go far enough: Social Security is criminal.  I'm not the only one who thinks so. 

Social Security was long known as the “third rail” of American politics -- touch it and die. But now one politician is not just touching it, but grabbing it with both hands...
In some ways, it’s even worse than a Ponzi scheme. In his pyramid racket, Carlo (Charles) Ponzi fleeced only willing suckers, but Social Security taxes are compulsory.