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<blockquote data-quote="Anonymous" data-source="post: 1457111"><p><strong>"Ponzi scheme</strong></p><p><strong>A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources." </strong>Social Security sure seems to fit into that explanation. Does it not? I can't see where one generation owes the next a retirement simply because they were ripped off and had to pay for a past generation.</p></blockquote><p></p>
[QUOTE="Anonymous, post: 1457111"] [b]"Ponzi scheme A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources." [/b]Social Security sure seems to fit into that explanation. Does it not? I can't see where one generation owes the next a retirement simply because they were ripped off and had to pay for a past generation. [/QUOTE]
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