Duped by Congressional Lies – Water Williams debunks some of the myths about the biggest Ponzi scheme in history, Social Security, such as the fact that there is no special account with our money in it. Congress has stolen all of our contributions and pays benefits from money stolen from new taxpayers.
This is the very definition of a Ponzi Scheme, which usually results in prison terms for those persons caught running their own scams that have had greedy gullible people losing millions and billions of dollars of voluntarily invested funds. For our rulers in DC, who have stolen trillions of dollars from people at the point of a gun, with no possibility of paying out all of the promised benefits, they are treated like royalty at our expense.