Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 1 (1 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   4 comments

The Social Security Scam

Quicklink submitted by Kitty Antonik Wakfer     Permalink
Related Topic(s): ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Become a Fan
  (1 fan)


At mises.org

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.

Read the rest of the story HERE:

At mises.org

- Advertisement -
- Advertisement -

 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
2 people are discussing this page, with 4 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)
A Ponzi scheme? Abolish the one safety net million... by Jim Arnold on Wednesday, May 27, 2009 at 11:21:32 AM
>>A Ponzi scheme? Abolish the one safety net... by Kitty Antonik Wakfer on Wednesday, May 27, 2009 at 5:56:39 PM
Kitty, You sound like someone who's grown up in... by Jim Arnold on Friday, May 29, 2009 at 9:44:37 AM
None of your reply, Jim, is at all addressing the ... by Kitty Antonik Wakfer on Monday, Jun 1, 2009 at 4:20:52 PM