Steven P. McNicoll wrote:
"Matt Whiting" wrote in message
...

Never said it wasn't. I just said that even Ponzi schemes work for some,
just not for all ... and not for long.



So in other words, you said Ponzi schemes work just like a Ponzi scheme.



That is right. They work for the orginators of the scheme, but not the
suckers who come later. With SS, the baby boomers, and the post-baby
boomers likely will be the suckers. The government has deep pockets so
they can perpetuate the scheme much longer than other entities could.


Matt