I Got Your Ponzi Scheme Right Here

Republicans are now making their move on destroying Social Security.  It's a battle the Democrats need to have, and should welcome.

Yesterday, the influential Club for Growth -- a conservative advocacy group formerly led by Pat Toomey, the current Republican candidate for Senate in Pennsylvania -- publicly argued for privatizing Social Security. It was actually more blatant than that. The organization titled their pitch: "Privatize Social Security? Hell Yeah!"

"Most Republicans are running away from the Social Security issue," the post read. "They've probably been told by establishment handlers to never defend "privatization" or personal accounts. Baloney.... Candidates for Congress should adopt that message and support it loudly."

Democrats swiftly reacted, in the hope of wedging those very Republican candidates from the Club for Growth -- or, better yet, exposing those Republicans who agree with the group.

The Democratic Congressional Campaign Committee is directing its salvo at eight House Republican candidates, many in swing districts: Reps. Todd Young (IN), Justin Amash (MI), Nan Hayworth (NY), Tim Griffin (AR), David Harmer (CA), David Schweikert (AZ), and Jesse Kelly (AZ).

Given the years now as portraying every single government social expenditure as being spent on parasites and taking away money from taxpayers, it's no surprise that the Club For Growth guys have their masks off and are openly calling to put Social Security's trillions in the hands of the same Wall Street assholes who wrecked our economy.  Won't that be fun?

They're counting on the Village and Rasmussen to get the word out with great polls like this: 

The Merriam-Webster Dictionary describes a Ponzi scheme as “an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks.”

Wisconsin Republican Senate candidate Ron Johnson made waves with his recent description of the Social Security system as a Ponzi scheme, but new Rasmussen Reports polling finds that just 27% of Likely U.S. Voters agree with him. A nationwide telephone survey shows that 36% disagree and don’t believe Social Security is a Ponzi scheme.

However, a plurality of 37% aren’t sure. It is likely that many are not sure what a Ponzi scheme is. 

Putting that money in the hands of Wall Street?  So not a Ponzi scheme, right?  Even better, it shows how truly ignorant the voters are...ignorant to let themselves be conned into losing their retirement to the same Wall Street sharks that are currently ruining America's 401(k) retirement plans.

If we had done that when Bush said to, there'd be no Social Security.  We'd have been wiped out and lost trillions more than we already have.

But the GOP figures Wall Street never loses money.  And they're willing to bet your Social Security checks on it.  I know, I know...we have to punish the Democrats by putting more Republicans in Congress because there's no difference between the two parties...