SENTRY JOURNAL » Uncategorized » Video: Judge Napolitano describes Social Security as a “Ponzi Scheme”
Video: Judge Napolitano describes Social Security as a “Ponzi Scheme”
October 19th, 2012 | 11 Comments
I decided to shift gears from Obama vs Romney to a topic that if not addressed soon will blindside millions of Americans in the near future. Social Security is one of those government programs that was created with good intentions; however like most government programs it’s on the road to bankruptcy. I have planned my retirement minus Social Security in the equation. I don’t believe it’s going to be there in its present form when I retire. In fact I believe there is a very good chance that it won’t be there at all. Check out the below clip of the Judge discussing this issue.
One politician has had the courage to bring this up and that politician is Mitt Romney’s running mate Paul Ryan. The President has no plan and this should concern every retired American who depends on Social Security. Very soon retired Americans are going to learn firsthand that this program is indeed a ponzi scheme and by that time it will be too late.
Liberty forever, freedom for all.
Filed under: Uncategorized · Tags: Judge Napolitano, Ponzi Scheme, social security
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Isn’t it incredible that many people want to politicize this subject. They reduse to look at the simple truth that if we we don’t fix it now, in fifteen or so years there will be nothing for anybody. It really is that simple.
Jim at Conservatives on Fire recently posted..Your Government At Work…Who Is Responsible? Who Will Fix It?
Indeed Jim. I heard some politician the other day say the only way they fix this is when the pain of not fixing hurts more. Typical.
John Carey recently posted..Video: Judge Napolitano describes Social Security as a “Ponzi Scheme”
[...] Judge Napolitano: Social Security is a "Ponzi Scheme" [...]
I have a bit of a different take. We spend trillions elsewhere, all over the world, in 150 countries. We are accepting the premise that we cannot afford healthcare and social security. I suggest this is a false assumption. We need to build the best defense system in the world, do what we can do to help the world, but from here out, Americans first. Welfare folks, get off the butt and we will supply work if you refuse. Something like this.
Bunkerville recently posted..Chilling Dinner Table ad – more to come from Obama
I agree Bunker. However I have always believed that programs like SS and Medicare are unconstitutional and before we cut other government function these programs should be eliminated. But my opinion is not the popular.
John Carey recently posted..Video: Judge Napolitano describes Social Security as a “Ponzi Scheme”
Another great one from the Judge, when are people going to realize that something needs to be done and when are politicians going to find the courage to do something. That is what I admire about Paul Ryan, he is one of the only ones who has stood up and but a plan forward to deal with this issue, we need more men like him.
Like I told Jim, when the pain of not doing something becomes worse than the pain of doing something. It’s the only way they will act.
John Carey recently posted..Video: Judge Napolitano describes Social Security as a “Ponzi Scheme”
I give kudos to Paul Ryan for trying to tackle the problem of social security. We need to make adjustments or fix social security in some way very soon or there won’t be anything left for anyone. Steve is right. We do need more politicians who are like Paul Ryan.
Teresa Rice recently posted..Andrew Napolitano asks What If There Was Tyranny?
I give Paul Ryan a great of credit Teresa. He had the courage to address these problem even though he knew he would be hammered for it. That’s leadership.
John Carey recently posted..Video: Judge Napolitano describes Social Security as a “Ponzi Scheme”
[...] ‘My son is NOT very optimal… he is very dead’ SJ: Judge Napolitano describes Social Security as a “Ponzi Scheme” BdKS: Obama And His Tenuous Relationship With Competency Bunker: Iran to cut deal with Obama over [...]
[...] SENTRY JOURNAL | Video: Judge Napolitano describes Social Security as a Ponzi Scheme [...]