ATG
Banned
+5,233|6833|Global Command
People last week were shocked to find out that a single financier had scammed people to the tune of 50 billion dollars. This Madof fellow is a real pos.

But why no outrage about the largest ponzi scheme ever?

Social security money has been looted. It was said to be destined for insolvency by 2042, but that was before Bush and his croonies started handing out trillions. The unfunded SS mandates exceed 350 trillion dollars.

What you have is young people paying into a system that supports current claims, with no thought or plan on how to deal with them in their future. It is the classic definition of a ponzi scheme. One designed, ran and supported by the same people that claim to know how to deal with a global financial crisis.

Which underscores why major changes and a reinvention of our government is required. We have crooks guarding the foxes who have full access to the henhouse and all the tasty meat therein.

Paulson was boss at Goldman-Sachs which was directly responsible for begin the oil bubble. They did the same with metals. They are the ones that created mortgage backed securities.



What we have going on is the intentional and orchestrated destruction of our economy, and the worlds.
Why is this happening?
Agent_Dung_Bomb
Member
+302|7040|Salt Lake City

It's funny that you mention that.  The cartoon in the editorial section of the paper basically was pointing out the same thing.
ATG
Banned
+5,233|6833|Global Command
The irony of it all is astounding.
Harmor
Error_Name_Not_Found
+605|6853|San Diego, CA, USA
Bailout money?  lol...seriously I'll bet congress will get involved.

/sad
CameronPoe
Member
+2,925|6859
The entire world is heading for a rather extreme fall. This is just the calm before the storm.
Kmar
Truth is my Bitch
+5,695|6905|132 and Bush

ATG wrote:

But why no outrage about the largest ponzi scheme ever?
There has been. He was practically mauled the other day.
Xbone Stormsurgezz
Turquoise
O Canada
+1,596|6709|North Carolina

ATG wrote:

Why is this happening?
Well, if you're asking about Social Security, it's because the AARP is powerful as hell, and old people are the only people who have nothing else to do with their lives than to vote and bitch at the government.

Social Security is just yet another way that the old suck the life out of the young.

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