America’s Favorite Ponzi Scheme

By:  Chip Wood
10/03/2011
       
America’s Favorite Ponzi Scheme

Who talked Rick Perry into grabbing the third rail of American politics? In case you don’t recognize the phrase, “the third rail” refers to any criticism of the Social Security system or any suggestions on ways to improve it by anyone running for public office anywhere in the United States.

It’s called the third rail because, just like a subway line, touching it usually proves fatal.

In the book Perry published last year, which he called Fed Up!, the Texas Governor referred to Social Security as “a Ponzi scheme.” Nobody made much of a fuss about it at the time. Outside of Texas, who cares what the Governor there says?

But now that Perry has taken the top spot in the Republican race for the White House, the poor guy is really getting pounded for it — and for a bunch of other “crazy, right-wing” sentiments he expressed there as well. Or at least so saith the New York Times and Washington Post.

Who talked Rick Perry into grabbing the third rail of American politics? In case you don’t recognize the phrase, “the third rail” refers to any criticism of the Social Security system or any suggestions on ways to improve it by anyone running for public office anywhere in the United States.

It’s called the third rail because, just like a subway line, touching it usually proves fatal.

In the book Perry published last year, which he called Fed Up!, the Texas Governor referred to Social Security as “a Ponzi scheme.” Nobody made much of a fuss about it at the time. Outside of Texas, who cares what the Governor there says?

But now that Perry has taken the top spot in the Republican race for the White House, the poor guy is really getting pounded for it — and for a bunch of other “crazy, right-wing” sentiments he expressed there as well. Or at least so saith the New York Times and Washington Post.

Click here to read the entire article.

Chip Wood, Personal Liberty Digest Editor. (Photo)

 

The JBS Weekly Member Update offers activism tips, new educational tools, upcoming events, and JBS perspective. Every Monday this e-newsletter will keep you informed on current action projects and offer insight into news events you won't hear from the mainstream media.
JBS Facebook JBS Twitter JBS YouTube JBS RSS Feed