FreedomWorks Chairman Dick Armey told bloggers at the Right Nation 2010 convention this weekend that the government takes people’s money “under false pretenses.” Social security? Huge Ponzi scheme, he says.“Social Security is a pay-as-you-go Ponzi scheme. They knew very well that the extra $250 billion would be spent on their social schemes,” said the former House Majority Leader, who now chairs the tea party-backing FreedomWorks.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=120915