Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Is Social Security a Ponzi Scheme? Rick Perry thinks so.
The Daily Caller ^ | 08/29/2011 | CJ Ciaramella

Posted on 08/29/2011 12:58:04 PM PDT by martosko

There goes Rick Perry again, saying things that make liberals’ heads explode.

Speaking to a crowd in Iowa this weekend, the Texas governor and GOP presidential hopeful doubled down on statements he made in his book, Fed Up!, that Social Security is essentially a pyramid scheme.

“It is a Ponzi scheme for these young people,” Perry said. “The idea that they’re working and paying into Social Security today, that the current program is going to be there for them, is a lie. It is a monstrous lie on this generation, and we can’t do that to them.”

The left reacted, predictably, with shock and outrage. Liberal blog Firedoglake called Perry’s rhetoric “wingnutty talk” and “crazy sh*t.”


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections
KEYWORDS: berniemadoff; perry; ponzischeme; rickperry; rinofreeamerica; socialsecurity
Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 last
To: algernonpj

Uh, the point of this thread is that Perry IS addressing “an elephant in the room” by pointing out that Social Security is a ponzi scheme (a major manifestation of runaway spending).


41 posted on 08/30/2011 5:47:20 AM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com/)
[ Post Reply | Private Reply | To 40 | View Replies]

To: ctdonath2

SS is worse than a ponzi scheme, it has the force of law requiring payment in to it.

Peter Schiff got the trustee of SS to admit as much on his radio show.


42 posted on 08/30/2011 5:49:48 AM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
[ Post Reply | Private Reply | To 41 | View Replies]

To: ctdonath2
Fine. So start a thread about his record on important issues which should be discussed.

Those of you trying to control and censor what can and can't be said on these numerous Perry threads are going to drive yourselves batty trying, I guess.

Have never seen a group behave around here the way the Perry cheerleading squad behaves. And others are making the same observation.

43 posted on 08/30/2011 6:06:01 AM PDT by Will88
[ Post Reply | Private Reply | To 39 | View Replies]

To: ctdonath2

LOL. Since you seem fond of circular reasoning and censorship, I refer you to:

http://www.freerepublic.com/focus/news/2770508/posts?page=13#13
http://www.freerepublic.com/focus/news/2770508/posts?page=27#27
http://www.freerepublic.com/focus/news/2770508/posts?page=32#32
http://www.freerepublic.com/focus/news/2770508/posts?page=37#37


44 posted on 08/30/2011 6:09:05 AM PDT by algernonpj (He who pays the piper . . .)
[ Post Reply | Private Reply | To 41 | View Replies]

To: ctdonath2

Perhaps then you will get what I implied and will8 specified.


45 posted on 08/30/2011 7:05:00 AM PDT by algernonpj (He who pays the piper . . .)
[ Post Reply | Private Reply | To 44 | View Replies]

To: algernonpj

I asked about the relevance of a non-sequitur and get attacked for “censorship”. Whatever. Begone, trolls.


46 posted on 08/30/2011 7:47:26 AM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com/)
[ Post Reply | Private Reply | To 45 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson