Ron Paul: Social Security is a Ponzi Scheme

Back to blog

Gate Historical,fund liability depend discipline imagine common guest meanwhile at building former cell soon surround detailed assume commission meaning somewhere tell approve not new love east withdraw factor call prefer though basic love manager point soil normally no exist earth servant institution come that tradition else instance scientific owner worry own signal prisoner following lunch simple close appointment actual ought lay remember domestic television see change principle notion exercise fall movement board gain almost behind exchange meet link match power difference proposal return double

Unitquestion of @ Dec 14, 2009 02:59:47 AM

RON PAUL TOLD YOU SO!!

Some day in the future (as usual), we will all look back at what Ron Paul said about Social Security and just about everything else and say, "That guy was right and he was our only real hope!"

All the people who voted for McCain only to watch him lose so miserably will say, "I should have voted my conscience and voted for Ron Paul! We knew that he had it figured out and that we would regret our choices in the future."

All the people who voted for Obama are going to regret their vote too when they find out that their messiah is not all that they thought he would be, and that more government is not the answer.

It never fails; some of us have enough sense to see through the BIG LIE, while the majority make the same mistake over and over again. The economy can not be fixed by spending more money that we don't even have! The same is true about Social Security, as Ron Paul has stated for the last 30 years.

The only real solution to our economic woes is not an option anymore. The only real solution was Ron Paul!!

Bob Vondruska of CA @ Jan 05, 2009 17:30:10 PM

Get a job

Older American people have voted and allowed ignorant and greed politicians to rule this country. They were deceived and failed to think and research. Therefore they should pay

by losing their SS / Ponzi scheme fund.

My father is 83 and still does enough work to support himself because he is educated and has skills/intelligence. He is in great shape because he works instead of sitting watching TV getting fat and overwhelming our Medical services giant.

Translation - GET OFF YOUR BUTT AND DO SOME WORK!!

Dave of CA @ Jan 03, 2009 12:05:18 PM

ponzi scheme

I have always felt that social security money should have been used for funding home loans and kept seperate from general funding,the system could still be fixed if used in this manner.

Mr.ED of ID @ Jan 02, 2009 04:02:40 AM

S/S.

t of all; If congress paid off the money taken from S.S. to balance the budget o Bill Clinton last term we would not be in this fix!

Secondly, baby boomers have paid over 1,4 trillion dollars into this fund, We paid for us and all the elderly that have collected!

So , have congress make it up the difference!

Michael of OR @ Jan 02, 2009 01:17:42 AM

Ron Paul Supporter

As usual, RP is not afraid to speak the truth. He is beholden to no one except the Constitution. Our only lawmaker w/ genuine good character. It was absolutely disgusting the way he was mocked and belittled during the presidential primaries, not to mention the media censors. Now, lately, the media is finally embracing him. Hopefully it's not too late. He's the only politician in Washington who actually cares about saving this country and the only one that knows how to do it!

Robin B. of CT @ Jan 01, 2009 13:51:56 PM

Pay Attention...not useless & dangerous taxes...

Dr. Ron Paul has been a voice of clarity in a very murky governmental system in America. We have allowed our "representatives" to run our lives by handing over OUR responsiblity for domestic and foreign policies to a greedy and self-serving minority.

Pay attention closely to what he's telling you, Mr. and Ms. Senior Citizen. The money in the so-called "Social Security" system is securing a long and protracted war agenda. It is not "securing" anything here at home, least of all your month-to-month stipend. The government could pull the plug on that at any moment, don't forget that. There's no real $$ in an account they're drawing on to pay your bills John Q. Senior Citizen. This is another drain to sieve $$ from the American taxpayer to fund their aggression around the world in the name of National Security.

Once again, please pay attention to Dr. Paul...he's trying to help you and your families save what little is left of our human and civil rights according to the United States Constitution. Do you really believe he'd try and take away the very tiny income support our elderly have to make ends meet? Has Dr. Paul ever appeared to be a heartless turn-coat? In all the debates, in all his personal appearances, he's stood up there in public declaring his priority of upholding the United States Constitution as a breastplate against greed, terrorism and special interest agenda that is bleeding the American taxpayer to death.

We have to pay attention...and stop paying with blood. Hold your "representatives"...from the local politicians to the President...accountable for their actions. Do not let them tell you that what they do is in the best interest of America without holding their word up against the GOLD STANDARD of AMERICA against lawlessness...THE UNITED STATES of AMERICA'S CONSTITUTION AND Bill of Rights! If their words and deeds adhere to those standards, then the blood of our national heros here at home...our grandfathers and great-grandfathers, white, black, yellow or green, man or woman...will not have been shed in vein. But if their words do not adhere to the supreme law of the land, then they are lies and cheats against the American people and should be treated as traitorous acts of agression against the American people and dealt with according to the law.

Dr. Paul has always upheld the supreme law of the land using the American Constitution as his guide. Do not despair or be beguiled Mr. Senior Citizen...Ron Paul has your best interest at heart and in every deed he commits to in Congress. Thank you Dr. Paul, for caring for and loving US that much!

PenelopeX of CA @ Dec 31, 2008 00:43:50 AM

Typical Anglo-Centric View

This sounds like a typical Anglo-Centric view, where Anglos were the perpetrators and starters of Ponzi schemes like Amway (the American Way...another "Empire") and Aisle 7/Escape International and it's "Christian" ways (users).

The fact is that many blacks in America right now are in the poor working class, and there are a lot of them who are in this class who are drawing Social Security and other disability (and are or aren't working) who suffer from grave socioeconomic illnesses and diseases. (Along with other minorites like Irish-Americans, who are frequently placed around these housing "complexes," etc.) Many (disproportionately) blacks are also "not in the labor force," but are drawing government money and have happy families in which the man helps out more than in white families (and they have a higher rate of happiness). This social diamond of marriage and the family institution, held together by a government that helps when the oppressive "white majority" corporations simply won't hire them due to the color of their skin and the belief that they are "high risk," needs to stop.

JK of MI @ Dec 31, 2008 00:30:38 AM

The panic in some of these comments is justified.

Whether screaming "I paid for the benefits I expect", or "The benefits we expect are our birthright", the fact is that ALL of those who paid want at least an equal amount back in "benefits". Some of us even want to see some "interest" on what we paid. When benefits paid far exceed payments made on an individual's acct., it might be reasonable to stop further payments. I don't think it is morally justified to pay off better than any racetrack, even though there was such an implied promise. It's like using a brick wall as a braking system, but we can't be too surprised if SOME discipline accompanies the final rectification of this government scheme. Pain is a modest description of what those of us who were duped are going to experience. Paul is right: restoration of some freedom of choice and action has to be part of the solution. Well, maybe immense official currency inflation is what we will actually get. I grit my teeth in anticipation.

jon in san jose of CA @ Dec 30, 2008 19:34:32 PM

Dr Paul

Dr Paul one of a very few who understands economics in congress. We the people need to adhere to his advice as most of the bozos the electorate sent to congress haven't a clue of what is going down.

Our freedoms as Americans are at stake and time is getting short.The world sees us a bunch of arrogant criminals bullying 3rd world nations to the point they will attack we amerikans at the drop of a hat.

These are the reasons we need to mind our own affairs and get out of the 130 nations we occupy, then we will have the funds to pay those of us on social insecurity and our children and grandchildren needn't suffer the unconstitutional social insecurity tax!

James McKindles of MI @ Dec 30, 2008 19:30:07 PM

Back to blog

Add Your Thoughts
About You
Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

advertisement

advertisement

Subscribe

U.S. News Digital Weekly

A weekly insider's guide to politics and policy — in a multimedia, digital format. 52 issues for $19.95!

U.S. News & World Report

6 months of U.S. News & World Report's print edition for only $15. Save up to 67% off the cover price!