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Non-Cattle Specific Topics
Every Thing Else Board
Swan Song?
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<blockquote data-quote="HerefordSire" data-source="post: 719283" data-attributes="member: 4437"><p><em>How can Bernie Madoff get sentenced to life in prison for a Ponzi Scheme (for only $50 billion) but it is legal for the government lawmakers to run a Ponzi Scheme? Last I read, our unfunded liabilities are $100 Trillion if you count Social Security, Medicaid, Medicare, etc. and everything else we are committed to. The collateral is all the assets in America, including all the land, buildings, etc. First of all, are we running a Ponzi Scheme? If we are, why do we allow it as voters? Since we have never defaulted on our debt and we are in uncharted waters, can another entity buy the USA?</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 719283, member: 4437"] [i]How can Bernie Madoff get sentenced to life in prison for a Ponzi Scheme (for only $50 billion) but it is legal for the government lawmakers to run a Ponzi Scheme? Last I read, our unfunded liabilities are $100 Trillion if you count Social Security, Medicaid, Medicare, etc. and everything else we are committed to. The collateral is all the assets in America, including all the land, buildings, etc. First of all, are we running a Ponzi Scheme? If we are, why do we allow it as voters? Since we have never defaulted on our debt and we are in uncharted waters, can another entity buy the USA?[/i] [/QUOTE]
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Swan Song?
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