GRusling Wrote:
Jan 14, 2013 8:06 AM
Social Security (which I now draw) is a Ponzi scheme. Even FDR knew (and said so) when it was instituted, that it would fail unless the so-called "Trust Fund" was invested in something which actually CREATED wealth, because that would be necessary in order for the concept to meet the demand for future retiree's. Even in the 1930's economists understood that it was a pyramid scheme and nothing more, which would eventually run out of "new money" to pay off the "old investments." Get real people -- quit acting stupid and use your head for something more than a hatrack...