Wednesday, January 07, 2009

You call that a Ponzi scheme? Now this is a Ponzi scheme!

In the wake of Bernie Madoff's $50 billion dollar bilking of investors, the ever-enlightening John Stossel puts things into perspective:
If Bernie Madoff tried to foist Social Security and Medicare on us, he'd be arrested, prosecuted and thrown in the hoosegow.

There's one thing I can say on behalf of Madoff: He never forced anyone to participate in his scheme. That's more than I can say for the government. Through taxation and inflation, it forces us to pay for all its schemes.
Read the rest of Stossel's column for a heads-up on a $40 trillion dollar bilking of the American people. And it's the government who are the perpetrators.

Good Day to You, Sir

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