Social Security Ponzi Scheme

I’ve said that Social Security is a Ponzi Scheme for a long time, and some people think I’m crazy. But a Ponzi scheme takes money from one person and “gives” it to another. The early participants benefit handsomely, but later participants, not so much. And one day there comes a time when it would take more people than there are in existence to support the payouts. Social Security FORCED the participants to participate, and early participants benefited handsomely. Later participants, not so much. And today you hear the “echoes of failure” every day for Social Security, as they now reach that “tipping point” where more people are required to support it than there are alive. Like all other Ponzi Schemes. I say this as a man who is now “surviving” on Social Security, as I watch the money begin to disappear, as expected. Politicians say the government will make up the difference out of the General Fund, but there soon won’t be enough money there, either, and it will fail when they run out of “other people’s money.” They have even published a DATE when the money will run out, and are even now trying to raise the age at which you can collect your “due.” I say “due” because that is the PROMISE made by now dead politicians who stole the “special fund” as quick as it came in. (Daily Signal)