The richest man in the world has now proclaimed that Social Security is a Ponzi Scheme. Nothing could illustrate his total misunderstanding and complete disregard for the powerful benefits of the program. Ponzi Scheme The first element of a Ponzi scheme is that the initial contribution is gained through fraud….
Tag: social security
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GOVERNMENTS VS CORPORATIONS
There are basic differences between a Government and a Corporation. Corporations The only goal of a corporation is to provide SHAREHOLDER VALUE. That is the mantra of the Business Roundtable. This organization consists of the Chief Executives of 200 corporations. They boast that they contribute to almost one fourth of U.S….
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Social Security; A Change is Gonna Come
There is going to be a great deal of political pressure to change Social Security in the near future. The last time it was altered was 1982.
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The Deficit: AAK STATISTICS!
Right now, the total deficit sits at 34 trillion dollars. It would take 123% of annual gross domestic product to pay it off.