Mitt's right .Social Security isn't a Ponzi Scheme...
People who got suckered into a Ponzi scheme had a choice about their investments . We don't have a choice . We are forced into the system.
Social Security is worse than a Ponzi Scheme. From the very beginning the American people were lied to about the plan. Roosevelt sold it on a lie and had to revise the lie to get it through SCOTUS challenges .
Now Mitt says he wants to save the ‘criminal enterprise"... in his own words in his book :
Quote:
“Let’s look at what would happen if someone in the private sector did a similar thing. Suppose two grandparents created a trust fund, appointed a bank as trustee, and instructed the bank to invest the proceeds of the trust fund so as to provide for their grandchildren’s education. Suppose further that the bank used the proceeds for its own purposes, so that when the grandchildren turned eighteen, there was no money for them to go to college. What would happen to the bankers responsible for misusing the money? They would go to jail. But what has happened to the people responsible for the looming bankruptcy of Social Security? They keep returning to Congress every two years.”
So what's the difference between Romney and Perry's position ?