Posted by KIP in MX on December 15, 2008 at 16:47:41 from (201.155.72.190):
In Reply to: Re: Ponsi posted by M Moline fan on December 15, 2008 at 16:37:22:
Without a doubt itīs Social Security. New people coming in have to pay for the ones who were there first. As long as more new ones pay than old ones take out it works, but as soon as more take than put in, it is a Ponzi scheme and will fail. Look at the mess the UAW is facing. Same thing.
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