The Social Security ScamQuicklink submitted by Kitty Antonik Wakfer Permalink
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|Social Security is a 'pay-as-you-go' system. This means that when you work, the government takes your money and gives it to Social Security recipients. In order to get workers to accept this system, the government promises to take other people's money and give it to you when you retire. Think of it as an exponentially larger version of Bernie Madoff's Ponzi scheme.|
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