Middleboro Review and so on

    Watch now   Raw and Unfiltered: Sunday Wrap Up A recording from Michael Cohen's live video Michael Cohen Mar 24 Thank you  Nancy C Rice ,  Proudscot ,  Patricia Anne Boone ,  DEO ,  Meidas_hj , and many others for tuning into my live SUNDAY WRAP UP video! Join me for my next live video in the app. and kindly consider supporting this platform and all independent journalists here on Substack. Plus, the first 240 Founding Members to this platform receive a rare, signed, numbered edition of my NYT Bestseller “Revenge, How Donald Trump weaponized The US Department Of Justice Against His Critics.” Join now!

  The biggest Ponzi scheme in history Robert Reich Mar 6 Friends, I remain optimistic about the longer term, but I still awaken each morning with a sense of dread. I’m sure some of you do, too. Start with Elon Musk’s bonkers comment that Social Security is “the biggest Ponzi scheme of all time.” In a Ponzi scheme, a con artist lures investors into a fake investment project, pockets the cash, and then gets new “investors” to funnel their cash to the earlier investors — until there are no new recruits and the whole thing collapses. The last ones in are suckers left holding worthless bags. Social Security is  not  a Ponzi scheme. It’s a high-functioning, universal, and exceptionally efficient part of the American social safety net — the  opposite  of a Ponzi scheme. Which is why the overwhelming majority of Americans   oppose cutting it . Social Security is a simple “pay as you go” program. Current workers, via the payroll tax, fund payouts for retirees and di...