Definition: “A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.” (from Wikipedia).
Look at our government and the Bail-outs, Social Security, Medicare, and on and on and on……..
Every action they take now, will just compound this scheme… print more money so they can get more taxes so they can spend more money so they can print more money.
Who are the bigger crooks? Politicians, Wall Street, Bankers, Big Corporations, CEO’s (wait the CEO’s are just doing what they see the other big people do….) it is even getting into professional sports… but…. as they are advertising on CNBC this week about the movie Wall Street… Greed is good!… ? ?