CNN Rates Perry’s “Ponzi Scheme” Remark False Because Social Security Isn’t Illegal
CNN’s best attempt to discredit Presidential candidate Rick Perry’s statement that Social Security is a Ponzi Scheme relies on a legal definition by the Securities and Exchange Commission. Seriously:…
Social Security is a Mandatory Ponzi Scheme
Rick Perry made headlines for calling Social Security a “Ponzi scheme” in last night’s presidential debate. Mitt Romney and statist media sources predictably attacked this position claiming that the insolvent…