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Do you think Obamacare is a Ponzi Scheme?

Discussion in 'BBS Hangout: Debate & Discussion' started by bmd, Apr 9, 2014.

  1. bmd

    bmd Member

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    No, you obviously didn't read my post in the context of what I was responding to.

    The poster I responded to said basically that Ponzi Schemes fall apart whereas Social Security hasn't in it's 70 years of existence. Therefore, they are different.

    I responded by saying the reason Ponzi Schemes in the private sector fall apart is because putting your money into those Ponzi Schemes is voluntary. They will eventually run out of suckers and the pyramid collapses.

    However, the government forces people to pay into SS. Therefore, they can keep it going as long as the bottom of the pyramid is larger than the top. Since people are forced to pay in, it can last much longer than a private sector pyramid scheme meant to defraud.
     
  2. Major

    Major Member

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    Have you ever considered sharing the reasoning of why you think something "may be true" in your initial posts?
     
  3. HR Dept

    HR Dept Member

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    This thread really pisses me off. Everyone here is so quick to rush to judgement. Did any of you even know that Ponzi was actually a very nice guy who got a bad wrap?
     

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