Tag Archives: roger pilon

Rick Perry’s answer in Republican debate of October 11, 2011 (with video clip)

I really like Rick Perry because he was right when he called Social Security a “Ponzi Scheme” which it is. How did he do in the last debate? You be the judge by watching his response above.

Rick Perry’s Moment

Posted by Roger Pilon

Last night POLITICO Arena asked:

Who won the Reagan debate?

My response:

Give Rick Perry credit: he had the courage to call Social Security a Ponzi scheme, which it is. As with all such schemes, early entrants got something for nothing (or very little). Late entrants will get nothing for something. Social Security started with 16 contributors for every recipient. It’s now down to fewer that 3, and headed for 2. It’s unsustainable, as Perry said. A private company that ran such a scheme would be prosecuted in less than a New York minute. We should be grateful that a major candidate has finally spoken truth to fiction.

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Rick Perry’s answer in Republican debate of October 11, 2011 (with video clip)

I really like Rick Perry because he was right when he called Social Security a “Ponzi Scheme” which it is. How did he do in the last debate? You be the judge by watching his response above. Rick Perry’s Moment Posted by Roger Pilon Last night POLITICO Arena asked: Who won the Reagan debate? My […]

Romney attacked in Republican debate of October 11, 2011 (with video clip)

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Ron Paul speaking at Values Voter Summit

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Mitt Romney’s religion is becoming an issue

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Rick Perry says Social Security is a Ponzi scheme

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Social Security is a Ponzi scheme (Part 3)

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