Thread: Madoff Scandal
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Old 12-21-2008, 07:29 PM   #12
MormefWrarebe

Join Date
Oct 2005
Posts
476
Senior Member
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No matter how many times Paul Krugman declares that SS is safe and sound, it is not.

Most people don't realize that SS actually is a "legal" Ponzi scheme, made legal because the government has declared it so. ...

At the beginning, the ratio was about 20 payees to one person receiving benefits, but the numbers have changed to where it now is about 3 and 1. This is an ominous trend, and I suspect that in the end, the government will simply print the money, as it has done in other situations.
Or the government could euthanize the old folks at age 80.

What's your solution, Jasonik?
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