The World's largest Ponzi Scheme

Bernard Madoff's largest mistake when he stole billions from people? He never attained the title "Senator".

See with that title you get to run the world's largest Ponzi Scheme and not only do you fail to get prosecuted, your title gets you incumbency, which is like seniority, only better (see Robert Byrd and Ted Kennedy).

Just look at our Medicare and Social Security mess that George Bush tried to clean up and was dragged a country mile for...........

The financial health of the government's two biggest benefit programs may have slipped over the past year, reflecting the deep recession that has already bitten into other areas of the budget.

The trustees for Social Security and Medicare are scheduled to provide their annual report on the finances of both programs on Tuesday. In advance of the release, many private analysts said they expected both programs could run out of cash sooner than last predicted.

A year ago, the trustees projected that the Social Security trust fund would start paying out more in benefits than it collects in taxes in 2017 and that the trust fund would be depleted in 2041.

For the Medicare trust fund, which pays for hospital care, the situation was more urgent. It was projected to start paying more in benefits than it collects in taxes within a year, and the trustees forecast that it would be depleted by 2019.

Where is that Madoff guy?

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