Madoff ponzi scheme = pay returns to past investors with current investors' money
Social Security ponzi scheme = pay returns to past contributors with current contributors' money
If we're real lucky, we'll call the position "Social Security Czar" in accordance with our government's continuing obsession with Soviet Russia.
Showing posts with label ponzi. Show all posts
Showing posts with label ponzi. Show all posts
Monday, December 22, 2008
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