by Runaway Slave | Apr 21, 2005 | Debt, Essays & Articles, I.R.S., Libertarian Curmudgeon, Politics, Social Security, Taxes
In case a recent suggestion that most Americans are exempt from income tax failed to solidify this writer’s reputation as one of the world’s great Liberty Lunatics, I will now moveon to the voluntary nature of the national Ponzi Scheme, Social Security, in an effort...
by Runaway Slave | Feb 8, 2005 | Debt, Economics, Libertarian Curmudgeon, Politics, Ponzi, Social Security
President Bush in his recent State of the Union address called the U.S. Social Security System “…a great moral success of the 20th Century.” Mr. Bush is the leader of an immeasurably powerful government. The president’s assessment of Social Security’s moral...
by Runaway Slave | Jan 12, 2005 | Essays & Articles, History, Libertarian Curmudgeon, Politics, Ponzi, Social Security
The pyramid scheme is the most enduring of thousands of tricks, buncos, fiddles and stings that con artists throughout history have used to relieve suckers of their cash. The two undisputed masters of the pyramid scheme are Charles Ponzi and Franklin D. Roosevelt. For...
by Runaway Slave | Aug 29, 2004 | Debt, Essays & Articles, Inflation, Law, Libertarian Curmudgeon, Social Security
Alan “Bubbles” Greenspan made some unusually candid public remarks last week at a Federal Reserve clam bake in Jackson, Wyoming. The central bankers were there to talk about what the 77 million baby boomers can expect when we belly up to the public trough for our...
by Runaway Slave | May 5, 2004 | Debt, Essays & Articles, Fraud, Libertarian Curmudgeon, Politics, Ponzi, Social Security
Charles Ponzi was a charming, dapper Italian immigrant who became the world’s most famous investment swindler. At his peak in the summer of 1920, when you could buy a house by mail from Sears for $495 and hire skilled labor to assemble it for $1 and hour, Ponzi pulled...
