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Ponzi Scheme Quotes

The welfare state may be well-intentioned, but it is a Ponzi scheme Picture Quote #1
The Republican candidates are talking about ways to transition this program and it is a monstrous lie. It is a ponzi scheme to tell our kids that are 25 or 30 years old today that you’re paying into a program that’s going to there. Anybody that’s for the status quo with Social Security today is involved with a monstrous lie to our kids, and it’s not right Picture Quote #1
No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and run Picture Quote #1
I know that plenty of folks have issues with Social Security, but I’d urge them to confront it on its own terms. Calling it a Ponzi scheme is misleading and does more to cloud the issue than it does to illuminate it. And yes, I do know that unless changes are made, the current system is unsustainable. But that doesn’t mean it’s fraud Picture Quote #1
When running a Ponzi scheme, how does one avoid enormous, unexpected withdrawals - runs on the bank, so to speak - that would pull back the curtain and reveal a little man blowing smoke? One way would be to attract a core of investors who could be counted on to never withdraw more than a small percentage of principal each year Picture Quote #1
The federal government has made explicit and implicit promises to millions of people, but has put no money aside in order to keep those promises. Some of you may wonder where Bernie Madoff got the idea for his Ponzi scheme. Clearly he was studying federal entitlement policy Picture Quote #1
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I think that fact alone levels everything. Slapstick amazes me, the folly of humans today, the Ponzi schemes, giving birth to eight babies at once, it’s amazing... And I know, it’s horrible to have your money stolen and all that, but those are amazing stories Picture Quote #1
Social security isn’t a ponzi scheme. It’s not bankrupting us. It’s not an outrage. It is working Picture Quote #1
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The welfare state may be well-intentioned, but it is a Ponzi scheme  (Ponzi Scheme Quotes) The Republican candidates are talking about ways to transition this program and it is a monstrous lie. It is a ponzi scheme to tell our kids that are 25 or 30 years old today that you’re paying into a program that’s going to there. Anybody that’s for the status quo with Social Security today is involved with a monstrous lie to our kids, and it’s not right  (Ponzi Scheme Quotes) No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and run  (Ponzi Scheme Quotes) I know that plenty of folks have issues with Social Security, but I’d urge them to confront it on its own terms. Calling it a Ponzi scheme is misleading and does more to cloud the issue than it does to illuminate it. And yes, I do know that unless changes are made, the current system is unsustainable. But that doesn’t mean it’s fraud  (Ponzi Scheme Quotes) When running a Ponzi scheme, how does one avoid enormous, unexpected withdrawals - runs on the bank, so to speak - that would pull back the curtain and reveal a little man blowing smoke? One way would be to attract a core of investors who could be counted on to never withdraw more than a small percentage of principal each year  (Ponzi Scheme Quotes) The federal government has made explicit and implicit promises to millions of people, but has put no money aside in order to keep those promises. Some of you may wonder where Bernie Madoff got the idea for his Ponzi scheme. Clearly he was studying federal entitlement policy  (Ponzi Scheme Quotes) I think that fact alone levels everything. Slapstick amazes me, the folly of humans today, the Ponzi schemes, giving birth to eight babies at once, it’s amazing... And I know, it’s horrible to have your money stolen and all that, but those are amazing stories  (Ponzi Scheme Quotes) Social security isn’t a ponzi scheme. It’s not bankrupting us. It’s not an outrage. It is working  (Ponzi Scheme Quotes)