Tag Archives: goldman sachs

If You Think Bernie Madoff’s Ponzo Scheme Is Bad, Then You Should Be Outraged At America’s Social Security System

Our social security system is a ponzi scheme. People get paid off when they retire far more money than they have invested. How does the government do it? By taxing the people coming into the work force to pay off … Continue reading

Posted in Dennis Prager | Tagged , , , , , | Comments Off on If You Think Bernie Madoff’s Ponzo Scheme Is Bad, Then You Should Be Outraged At America’s Social Security System

The Twlight of the Luftmenschen

ChaimAmalek:  This is the twilight of the Luftmenschen. YourMoralLeader:  what are Luftmenschen? ChaimAmalek:  A yiddishism….someone who seems to live on air ChaimAmalek:  A trader who trades in the trades of others ChaimAmalek:  Or who takes a bunch of mortgages, bundles … Continue reading

Posted in Economics | Tagged , , , , | Comments Off on The Twlight of the Luftmenschen