*Obvious:Â Social Security is a Ponzi Scheme.Â Â The beltway establishment can now be comfortable with the characterization, since it comes from Charles âThe Docâ Krauthammer.
RELATED:Â The âPonziâ Sound Bite, by Thomas Sowell.
âAlthough many act shocked, shocked, as if Rick Perry had said something unthinkable, Governor Perry is not even among the first thousand people to call Social Security a Ponzi scheme. Not only conservatives, but even some liberals, have been calling Social Security a Ponzi scheme for decades.â
*MoreÂ flash mob violence, this time in Denver.
*David Brooks seeâs the light.
*What Comes After Europe? At the WSJ.
âWhat comes next is the explosion of the European project. Given what European leaders have made of that project over the past 30-odd years, it’s not an altogether bad thing. But it will come at a massive cost. The riots of Athens will become those of Milan, Madrid and Marseilles. Parties of the fringe will gain greater sway. Border checkpoints will return. Currencies will be resurrected, then devalued. Countries will choose decay over reform. It’s a long, likely parade of horribles.â