U.S. Government Revealed As Giant Ponzi Scheme

U.S. Government Revealed As Giant Ponzi Scheme

With everything getting more scrutiny in light of the December 2008 indictment of a major Wall St. broker for running a giant Ponzi scheme, everyone immediately pointed to the Social Security System, but it has been revealed that there are bigger fish to fry. The biggest found so far, and theoretically the biggest possible, is the entire United States government. But records are made to be broken. If you are not familiar with a Ponzi scheme, it is where an entity delivers high returns but is devoid of enough assets to cover its liabilities and has to continually take in money to support the outflow. Plus Mr. Ponzi’s estate gets a royalty for allowing the use of his patented, guaranteed to work again and again product and trademarked name. The investors, such as current recipients of Social Security, that get in early and out early, create such an aura of success for the scam that soon everyone wants in on the deal. Everyone’s “due diligence” did send up warning flags years earlier concerning Social Security, but the government’s sales slogan gibberish of “the full faith and credit of the United States” suckered everyone else in including many foreigner investors. What a great PR firm the government hired on that one. The only slogan polling higher was “Mom and apple pie”. The credit is now gone and the faith is fading fast. It shows how gullible people are, especially Americans, because they just keep sending more money in. The U.S. General Accounting Office has offered vehement denials, saying that it is definitely not a Ponzi scheme, but is a deficit.

©2009 Eric Stamets