Quote:
Originally Posted by SAMIAM
Why are you guys being so hard on Bernie and Scott???.....Nothing wrong with a little Ponzi. Your government has been doing it for years, legally. There is not a dime in the SS account. It's all been transferred to the general account and spent. All social security payments are made by "new investors" just like Bernie Madoff.....only he's in jail.
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I guess I do not believe that the United States Government is doing a Ponzi Scheme. Didn't the current citizens on SS have to pay into social security? Not sure.
Are you saying that you do not think the Government will be there to pay for new people as they retire? The Government seems to be wanting to pay more benefits (Health Care etc) not less? I agree that it is hard to know where the money is going to come from though.
Of course we do not have a choice in paying into the Government like one has in a Ponzi Scheme. The Government takes it out of our pay in tax.
This is a bit off topic anyway. Hope anyone who is dishonest has a punishment to pay. Don't know the people who are being discussed or the circumstances so cannot make an intelligent comment on guilt.