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Saving Social Security
PONZI SCHEME
A Ponzi scheme is a company that promises a great return on investment. The scheme uses new investors money to pay existing customers. This scheme was used by Bernie Madoff. He was sentenced to 150 years in prison.
IYour government woud havee you believe the Social Security Trust Fund will run out in 2035. Truth be told there is no money in the trust fund. Since 1969, congress has been stealing the money, replacing it with government bonds. There are currently $2.9 trillion in worthless IOU's in a safe in Parkersburg, West Virginia.
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