The biggest Ponzi scheme was not created by Bernard Madoff; it was created by the U.S. government.  It’s called Social Security.  I heard G. Gordon Liddy equate the two on the radio this morning.  It sounded like he was reading an article, but I couldn’t find it.  He gave some stats about just how insolvent the program, along with Medicare, are, and we are just taking in money now to pay those who require payments.  Pretty soon, we won’t be able to keep up and it will all come crashing down.  He made a few points about how Social Security is different, seeing as how we all know what we are getting into, unlike most Ponzi scheme victims.

Anyone know the article?  It would be nice to link.