…at least about one thing: Social Security is a Ponzi scheme, at least in the technical sense of the phrase. A Ponzi scheme (named after Charles Ponzi) is when an investment manager takes money entrusted to him by one person, squanders it and then uses money invested with him to repay the first person. Isn’t that what we’ve done with Social Security? My Social Security taxes have gone to pay other government bills and then it will be my children’s taxes that will be used to pay my Social Security benefits.
Rick Perry is Right…
September 15, 2011
December 2, 2016Trump’s Chaos Theory: A Single Tweet Causes Jobs To Return
November 11, 2016Trump’s Economic Prescription. First: Do Harm.
October 10, 2016Trump, the Next Big Short
December 8, 2016MSNBC’s Morning Joe: Trump’s Alarming Budget Plan
December 1, 2016MSNBC’s Morning Joe: Putting Trump’s Carrier Deal In Context
November 14, 2016MSNBC’s Morning Joe: Trump Tax Cuts Likely to Happen