Jack's Pipe

Government's Ponzi Scheme: 1000 Times Worse than Madoff's

"At least I know where my SS money is going"

Haha, yes, it's going to the four winds. Your SS money is already gone. Spent. Both parties caused it. The Democrats are liberal spendthrifts. Most Republicans talk a good game but spend like Democrats in reality. That's why few of them really opposed the bailout. And what do we have to show for all this? A huge series of Ponzi schemes that are going to collapse.

Just say no to the government "privatizing" social security via a different program. Yes to eliminating it altogether.

7 ETFs For a Capital Preservation Portfolio

Question: One way to play this is to short long-term treasuries. However, my concern is that once these instruments start making a lot of money is when bad people will go to Washington and get short selling shut down and that will be the end of these ETFs. They'll regulate them out of existence using words like "unpatriotic" (because patriotism means going along compliantly with the massive swindle). What happens to the money you've invested in the ETF?