Tuesday, January 6, 2009

Social Security: Countdown to Meltdown

Ron Paul, during today's Madoff Fraud Allegation & Financial Markets Regulation hearing, calls fractional reserve banking and the U.S. Social Security system Ponzi schemes. I could not agree more. Paul makes many excellent points in this brief video, not the least of which is the complete incompetence with which we are managing our financial affairs.

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