Rick Perry heckled in NH

SS 'is' a Ponzi scheme. Your point???

To piss moan and snibble.

Regardless of someones views on Social Security the fact remains that this is a paid into fund.

He says that if you are a senior citizen than you don't have to worry, implying that those who are not will lose theirs.

If someone ends social security than every penny paid into that fund by an individual should be paid back in full.
 
SS 'is' a Ponzi scheme. Your point???

To piss moan and snibble.

How is it a Ponzi scheme?

money person B puts in is used to pay person A money back that person A put in.

Theoretically, for it not to be a ponzi scheme, every penny put into it shopuld be available to be paid back.

As we know, if all demanded their money at once, many would not get it.
 
SS 'is' a Ponzi scheme. Your point???

To piss moan and snibble.

Regardless of someones views on Social Security the fact remains that this is a paid into fund.

He says that if you are a senior citizen than you don't have to worry, implying that those who are not will lose theirs.

If someone ends social security than every penny paid into that fund by an individual should be paid back in full.

Paid into a fund and redirected to the general fund. The 10 percent privatization would mean hard cash in accounts. You can not say that about the current status.
 
Protesters greet GOP candidate Perry in NH - Yahoo! News

In the past Perry has referred to Social Security as a "Ponzi scheme" and questioned its constitutional standing. He did not take direct questions from reporters Thursday about those previous statements.
Ricky, you got some splainin to do...

SS 'is' a Ponzi scheme. Your point???
The point is Ricky will talk a good game during the election cycle, but if he gets in there he'll just do what the bankers who control him tell him what to do. Sound familiar? Obama did the same thing.
 
Gov Perry is the 2011 version of the 2008 Sen. Fred Thompson, and a newer version of the early 2011 Donald Trump. Same "ain't it awful" rhetoric and the very same demagoguery.

Will the GOP ever find a candidate who is not a charlatan?
 
How is it a Ponzi scheme?

money person B puts in is used to pay person A money back that person A put in.

Theoretically, for it not to be a ponzi scheme, every penny put into it shopuld be available to be paid back.

As we know, if all demanded their money at once, many would not get it.

He won't get it.

Better said this way....

If the government were to stop drawing FICA from our checks today and had to pay back all that put into it, they would not have enough money to do so.

If you need to take in more money to pay those that are expecting money, you have a ponzi scheme

Madoff used money people were investing in him to pay off people who wanted to cash out. He imploded when people stopped putting money in and others wanted to cash out.
 
I suspect every candidate is going to face a lot of heckling and disruptions from people suporting their opposition, including Obama. Things are going to get nasty, soonr or later somebody is going to get hurt.
 
money person B puts in is used to pay person A money back that person A put in.

Theoretically, for it not to be a ponzi scheme, every penny put into it shopuld be available to be paid back.

As we know, if all demanded their money at once, many would not get it.

He won't get it.

Better said this way....

If the government were to stop drawing FICA from our checks today and had to pay back all that put into it, they would not have enough money to do so.

If you need to take in more money to pay those that are expecting money, you have a ponzi scheme

Madoff used money people were investing in him to pay off people who wanted to cash out. He imploded when people stopped putting money in and others wanted to cash out.

When S.S. started out in the FDR administration they had a choice to make. The government could have put the billions into it to start off the program, or the first generation could pay for the next.

During the baby boom generation three times as many folks were born, meaning that the generation before would have to pay for three times as many people retiring.

But even though that created a problem for the S.S. fund, the fact is that the Government has looted the fund since it's inception.

Had they not have perhaps there would be enough in it today.
 

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