Rick Perry Backs Off Social Security 'Ponzi Scheme' Comments

[Political Junky]

Rick Perry Backs Off Social Security 'Ponzi Scheme' Comments

WASHINGTON -- Texas governor and Republican presidential candidate Rick Perry recently walked back his claims that Social Security is a "Ponzi scheme," but other Republicans have made similar statements in recent months, saying the entitlement program is a "scheme" to take money from the American people.

Perry has previously taken a hard-line stance against Social Security. In his 2010 book, "Fed Up!" he suggested the program was unconstitutional, put in place "at the expense of respect for the Constitution and limited government." He also wrote that Social Security is "set up like an illegal Ponzi scheme."

Perry has since backed off. His spokesman, Ray Sullivan, told the Wall Street Journal Thursday that the book was not meant to reflect the governor's current views on Social Security.
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[Sallow]

That's to much.

This guy is seriously the front runner?

 

[freedombecki]

That's to much.

This guy is seriously the front runner?

Secretariat coming down the lane 50 laps ahead of the field! It's Rick Perry with jobs for Americans being ahead of all the other 50 states. The WINNER's CIRCLE!!!

Ain't America grand, Mr. Sallow.

 

[Sallow]

That's to much.

This guy is seriously the front runner?

Secretariat coming down the lane 50 laps ahead of the field! It's Rick Perry with jobs for Americans being ahead of all the other 50 states. The WINNER's CIRCLE!!!

Ain't America grand, Mr. Sallow.

Well that made me laugh.

Thanks, Becki!

 

[Intense]

That's to much.

This guy is seriously the front runner?

I'm more into flowing with and enjoying the process. It's still early on Sallow. Sit back and enjoy.

Hey, have you caught Patterson on WOR yet, 710 AM. Week day Afternoons. Check him out.

 

[Sallow]

That's to much.

This guy is seriously the front runner?

I'm more into flowing with and enjoying the process. It's still early on Sallow. Sit back and enjoy.

Hey, have you caught Patterson on WOR yet, 710 AM. Week day Afternoons. Check him out.

I hear he got a show. Thanks!

I liked Patterson by the way. Straight shooter..little on the funky side.

 

[JoeB131]

That's to much.

This guy is seriously the front runner?

Yeah, how dare he tell the truth.

Social Security IS a Ponzi Scheme.

And like all Ponzi Schemes, it is running out of money, because they always do. About the time they run out of suckers.

 

[Sallow]

That's to much.

This guy is seriously the front runner?

Yeah, how dare he tell the truth.

Social Security IS a Ponzi Scheme.

And like all Ponzi Schemes, it is running out of money, because they always do. About the time they run out of suckers.

You're missing the point entirely.

 

[DaGoose]

Rick Perry Backs Off Social Security 'Ponzi Scheme' Comments

WASHINGTON -- Texas governor and Republican presidential candidate Rick Perry recently walked back his claims that Social Security is a "Ponzi scheme," but other Republicans have made similar statements in recent months, saying the entitlement program is a "scheme" to take money from the American people.

Perry has previously taken a hard-line stance against Social Security. In his 2010 book, "Fed Up!" he suggested the program was unconstitutional, put in place "at the expense of respect for the Constitution and limited government." He also wrote that Social Security is "set up like an illegal Ponzi scheme."

Perry has since backed off. His spokesman, Ray Sullivan, told the Wall Street Journal Thursday that the book was not meant to reflect the governor's current views on Social Security.
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He said it, repeated it and should stick by it.

He's just another neo-con sacrificing his integrity. The guy's pathetic.

.

 

[Political Junky]

That's to much.

This guy is seriously the front runner?

Yeah, how dare he tell the truth.

Social Security IS a Ponzi Scheme.

And like all Ponzi Schemes, it is running out of money, because they always do. About the time they run out of suckers.

Interesting, isn't it, that Perry is backing off the comment?

 

[C_Clayton_Jones]

Perry has since backed off. His spokesman, Ray Sullivan, told the Wall Street Journal Thursday that the book was not meant to reflect the governor's current views on Social Security.

The truth of it is, America is a big and diverse place, hardly represented by Texas.

 

[Zagg]

Even a lot of Repub voters support Social Security and Medicare. He's going to have to trim if he hopes to get the nomination, to say nothing of the general election. How he trims will say a lot about his potential to win.

 

[Intense]

Even a lot of Repub voters support Social Security and Medicare. He's going to have to trim if he hopes to get the nomination, to say nothing of the general election. How he trims will say a lot about his potential to win.

I support both. Safety Net. The thing is that they both are seriously fucked up and need reform in order to remain solvent. Decisions do need to be made, course adjustments, even protections from the Funds being raided.

We need to start exposing and questioning the Magic Act, Smoke and Mirrors only buys get away time for the culprits responsible for the mess. We need precision surgery here, not a hatchet job.

 

[Intense]

Perry has since backed off. His spokesman, Ray Sullivan, told the Wall Street Journal Thursday that the book was not meant to reflect the governor's current views on Social Security.

The truth of it is, America is a big and diverse place, hardly represented by Texas.

His remarks were over the top.

 

[Mad Scientist]

That's to much.

This guy is seriously the front runner?

Maybe the guys who run the Social Security Ponzi Scheme told him to back off?

 

[Trajan]

Rick Perry Backs Off Social Security 'Ponzi Scheme' Comments

WASHINGTON -- Texas governor and Republican presidential candidate Rick Perry recently walked back his claims that Social Security is a "Ponzi scheme," but other Republicans have made similar statements in recent months, saying the entitlement program is a "scheme" to take money from the American people.

Perry has previously taken a hard-line stance against Social Security. In his 2010 book, "Fed Up!" he suggested the program was unconstitutional, put in place "at the expense of respect for the Constitution and limited government." He also wrote that Social Security is "set up like an illegal Ponzi scheme."

Perry has since backed off. His spokesman, Ray Sullivan, told the Wall Street Journal Thursday that the book was not meant to reflect the governor's current views on Social Security.
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where in the article does it show how he walked it back? he affirmed it Thursday night didn't he?

 

[Intense]

I'd like to come face to face, just once with the crowd, that President's, Justice's, and Senator's address as Sir. It would be a fun interview.

 

[Zona]

Rick Perry Backs Off Social Security 'Ponzi Scheme' Comments

WASHINGTON -- Texas governor and Republican presidential candidate Rick Perry recently walked back his claims that Social Security is a "Ponzi scheme," but other Republicans have made similar statements in recent months, saying the entitlement program is a "scheme" to take money from the American people.

Perry has previously taken a hard-line stance against Social Security. In his 2010 book, "Fed Up!" he suggested the program was unconstitutional, put in place "at the expense of respect for the Constitution and limited government." He also wrote that Social Security is "set up like an illegal Ponzi scheme."

Perry has since backed off. His spokesman, Ray Sullivan, told the Wall Street Journal Thursday that the book was not meant to reflect the governor's current views on Social Security.
<more>

He cant take back his book.

 

[Zona]

That's to much.

This guy is seriously the front runner?

Yeah, how dare he tell the truth.

Social Security IS a Ponzi Scheme.

And like all Ponzi Schemes, it is running out of money, because they always do. About the time they run out of suckers.

Then if its the truth, why is he backing off saying it? Serious question.

 

[JoeB131]

That's to much.

This guy is seriously the front runner?

Yeah, how dare he tell the truth.

Social Security IS a Ponzi Scheme.

And like all Ponzi Schemes, it is running out of money, because they always do. About the time they run out of suckers.

Interesting, isn't it, that Perry is backing off the comment?

Since he really didn't, no.

I think that one can believe that Social Security is a horrible mistake that never should have been enacted yet still realize that you can't get rid of it at this point. It is, after all, a sizeable part of the economy.

I go back to the Great One, Ronald Reagan. Ronald Reagan spoke out against Social Security, and Jimmy Carter attempted to stir up fear amongst old people. Didn't work then, won't work now.

And eventually, he was kind of proven right by the fact that Social Security was nearly broke by about 1983. He had to impose a lot of changes. But he preserved it at the end of the day, bought it another 30 years of life.