Perry back to 'Ponzi scheme,' 'monstrous lie' on Social Security4.images.theweek...
Perry back to 'Ponzi scheme,' 'monstrous lie' on Social Security
Made popular 633 days ago in Politics
blogs.wsj.com — The governor again called Social Security a “Ponzi scheme” Saturday during a campaign stop in Ottumwa, Iowa. It’s not a new line for Mr. Perry — he used the same description in his 2010 book, “Fed Up!” But it’s one his campaign previously told The Wall Street Journal he may avoid now that he’s running for president.

“It is a Ponzi scheme for these young people. The idea that they’re working and paying into Social Security today, that the current program is going to be there for them, is a lie,” Mr. Perry told the crowd . He added during a later stop in Des Moines, “I haven’t backed off anything in my book. So read the book again and get it right.”

In print, Mr. Perry suggested the New Deal-era entitlement program was unconstitutional when he said it was created “at the expense of respect for the Constitution and limited government.”

Report This Post
Posted by TopSpin
Add To Favorites
60 Votes
Similar Issues
5 Comments
ShareThis
Will you vote for an individual who calls Social Security a 'Monstrous Lie'?
Yes
28%
No
72%
This is not a scientific survey, click here to learn more. Results may not total 100% due to rounding and voting descrepencies.
User Comments
james2044
Posted 633 days ago
0 up votes, 0 down votes
Why not? The person saying that is telling the truth!
945call
Posted 633 days ago
0 up votes, 0 down votes
Yes, honesty is the first requirement for me to vote for someone!
lastbaldeagle
Posted 632 days ago
0 up votes, 0 down votes
Biggest Ponzi scheme ever invented by the democrap party under that party hero, FDR. For God's sake man, open your little liberal eyes and look at the big picture with some common sense instead of your normal knee-jerk reaction!
lastbaldeagle
Posted 632 days ago
0 up votes, 0 down votes
Topspin, stick with tennis. You may be light enough in the loafers to actually know something about tennis since you know little or nothing about reality.
james2044
Posted 620 days ago
0 up votes, 0 down votes
Follow this link: http://townhall.com/video/chris-matthews-on-social-security-yep-its-a-ponzi-scheme

Chris Matthews on Social Security: Yep, It’s a Ponzi Scheme
Sat, September 10, 2011
Breitbart.tv
Dateline:Washington, DC

Chris Matthews admits that Social Security, in its current form, is a Ponzi scheme
You will have 2 minutes to edit your comment.

Add your comments