Ron Paul on Bloomberg: Social Security Is The Biggest Ponzi Scheme

December 17th, 2008 9:25 am  |  by  |  Published in Big Government, Economics, Federal Reserve, Free Market, Money, Ron Paul, Social Security  |  0

Ron Paul assails the SEC and regulation in general when he discusses the Madoff scandal on Bloomberg this morning. A few choice quotes are below.

“The counterfeiting of money should be regulated.”

“The biggest ponzi scheme ever is Social Security.”

The SEC “is a total failure.”

“People ought to be free to fail.”

Ron Paul continues to tell it like it is and we love him for it.

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