PPP KINGDOM

PPP KINGDOM

WHY SOCIAL SECURITY IS A PONZI SCHEME AND RICK PERRY IS A GENIUS

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This one is from an excellent source. The Securities and Exchange Commission defines a Ponzi as:

A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors.

Does Social Security  constitute a Ponzi based on that definition? Bruce Krasting thinks it does.


http://www.businessinsider.com/why-social-security-is-a-ponzi-scheme-and-rick-perry-is-a-genius-2011-9

Best Regards,

FINANCIAL WARRIOR

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