Latest "social security" Posts

Social Security (part of the Great American Ponzi Scheme) is Tanking

A report on Social Security projections is not one of those flashy news topics. In fact, other than accountants and budget managers, I dare say the topic might be best enjoyed by insomniacs. However, if a recent study turns out to be true, those of us who are sprouting gray hair – even if just a few strands – had better sit up and take notice.  Social Security is tanking!

Social Security cards, cash and stock market chart

Social Security cards, cash and stock market chart

In an article for CNBC by Tom Anderson (May 9, 2015) entitled: “Study: Social Security in REALLY bad shape,” we learn that things are much bleaker than we have been led to believe. According to the article (the italics are mine):

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Posted by administrator in Government Bail Out, Political Ethics, social security and tagged , ,

The Great American Ponzi Scheme! Is Bernie Madoff any different than our Government?

American Ponzi Scheme

American Ponzi Scheme.

American Ponzi Scheme: Wouldn’t it be nice to share some good news?  I’d like to think as we enter this new decade that we could learn from the past and move boldly into the future with the assurance of a bright tomorrow.  Well, tomorrow may not be so bright if we don’t stop and look at our choices.

Every choice has a consequence!  I say that often as I address groups around the nation on ethics and ethical choices. From my perspective it seems that we, as a nation, are facing a serious ethical quandary.  Do we continue the rabid spending that has defined this past decade or do we accept the responsibility for where we are and elect to live within our means?

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Posted by Chuck Gallagher in Bernie Madoff, Business and Personal Ethics, business ethics, Financial Crisis, Government Bailout, Madoff, National Debt, New Website, ponzi scheme, social security and tagged , , , , , , , , , , , , , ,