Free Republic

[More about Sight-Words...] Your average criminal has a few aliases. It’s de rigueur in the underworld. But only real swashbucklers pass the half-dozen mark. Think about the confusion keeping your identities straight. Down South you’re Jackson Jones, but in New York you answer to Maxie Smith, however, guys in Atlantic City call you Lefty,” as in, “Yo, Lefty, still doing hits?” Which has to remind us of Whole Word, one of the greatest swashbucklers since Charles Ponzi’s business plan. This wise guy--I mean Whole Word-- came into the world as Look-say, with a few early aliases such as Word Method...

Robert MorleyColumnist The United Ponzi States of America January 20, 2009 | From theTrumpet.com If you thought Madoff’s Ponzi scheme was bad, don’t look now, but you’re in one. Robert Morley Anyone can work a simple swindle. But you need to be a special kind of con man to bilk billions from otherwise intelligent people. Bernard L. Madoff was one such man. Charles Ponzi was another. But the biggest fraud and scam master of all goes by the name of Uncle Sam. Just what does a person have to do to make his name synonymous with fraud? Charles Ponzi, the...

Enhanced pension deals are county's albatross... The county has the distinction of carrying more retirees (6,050) than active employees (4,631) on county health insurance. Add in 3,100 spouses and dependents of retirees, and the county is insuring more than 9,000 individuals on the retiree side. The county now pays out more in health care for retirees than for active employees. In addition to her monthly check, she was promised, and cherishes, free health insurance for the rest of her life. It is the sum of such promises to Schumann and 6,000-plus other retirees that is a major stumbling block as...

In the past several months as the debate over Social Security reform has taken center stage in the theater of the absurd that is modern American politics, the idea has been floated that the entire pay-as-you-go structure of this system closely resembles a Ponzi scheme, albeit one that is about to collapse. In reality, few people likely have any idea what a Ponzi scheme is, nor how closely America’s largest retirement system follows its tenets. As such, according to the Securities and Exchange Commission:http://www.sec.gov/answers/ponzi.htm “Ponzi schemes are a type of illegal pyramid scheme named for Charles Ponzi, who duped thousands...