Worth repeating... Social Security is a pay-as-you-go money-in money-out system. Obamacare is nothing close to a Ponzi, nor pay-as-you-go.
It's basically Obama's own personal plan to become a billionaire by the time he's done with office. Obama is making medical whether it be pharmaceutical, insurance, and practitioners trillions. The people that put Obama in office are well known Republicans due to their financial status: Top 0.000001% The elite billionaires. Think about it, there's very little funding into preventative health care because that's not what brings in the $$$$$.
100% false. The major insurance companies have gone through entire restructures to focus more on wellness and preventive care, going so far as to (unofficially) let people go that were overweight to protect that brand.
What about Jesus? Is he a Ponzi Scheme? What about capitalistic-liberalism? Ponzitastic? Seriously though bmd -- you're not a bad poster, you are capable of good dialogue, but, when you start a thread, you gotta put a little more into it than a title. It really helps if you give a little bit of a position and at least a little reasoning. Otherwise you come off like those hackey news programs that start their programs with sensationalist questions.
Possibly true. But it's based on the current model of society. ie. where there is more of the younger generation than the previous one, in order to be able to support pensions etc... The above is a pyramid shape, which is illegal in business. And we know what happens to pyramid schemes, no?
WTF? Obamacare or the PPACA is not a ponzi scheme. It's a piece of legislation with numerous changes to the American healthcare system so as to get as many people insured as possible. Do you think people are paying into some centralized government fund or something? Medicare or heck any insurance pool is revolving but not a ponzi scheme in that premiums are paid and claims are paid with those premiums. You know you could go and do a tiny bit of research and answer all this for yourself.....
Its a bit different When SS was introduced, there was a huge discussion about whether it COULD become a Ponzi scheme. They were well aware of the potential. In order to get the votes to approve SS they made a deal that the money was not to be risked or 'used' to make 'profit' but to be secured- they set rules in place. Years later when new government was in they said 'Look at SS, we can totally use that money to make profit!' They changed the law, changed rules and made SS a ponzi scheme This is how government works,, they lead you in- tell you one thing then backtrack later once they got what they want.
In what way, specifically, did they change the rules to start generating a profit? And it's still not a ponzi scheme today.
Yes. When the government wanted to start up this thing called 'social security' there was a huge argument about it because too many people were afraid their money would get squandered away. They 'assured' everyone that the above scenario wouldn't and couldn't happen because they would throw allll that money in a vault that couldn't be used/Gambled away. When the next generation politicians entered, they raised the argument 'Look we have all this money laying in a vault that we can use to invest.. we can make money off all this money! Lets do it!' Long story short, they took the money- put it in bad investments and here we are having to pay for everyones social security with our taxes
