Posts Tagged ‘ Ponzi scheme ’

Ponzi Social Security Pays It Ever Forward

Aug 18th, 2011 | By | Category: Economics, Featured, Personal Investing
A regular Whiskey bar patron writes: I truly do enjoy your insights on the Whiskey & Gunpowder posts. These ideas are very much in tune with what is going on. But why do you and others insist that Social Security is somehow an entitlement? No matter what the immoral politicians did ...read more

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Posted in Economics, Featured, Personal Investing | 11 comments


Avoiding the Looming Disaster of Social Security

Aug 25th, 2010 | By | Category: Featured, Macro Economics, Politics
Because of failure to heed the limitations of the U.S. Constitution, which has produced runaway federal spending, our nation sits on the precipice of disaster. Former Senator Alan Simpson of Wyoming and Erskine Bowles, White House chief of staff under President Bill Clinton, co-chairmen of President Obama’s debt and deficit ...read more

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Posted in Featured, Macro Economics, Politics | 26 comments


Bernie, Ponzi and Social Security

Jul 7th, 2009 | By | Category: Featured, Morning Whiskey
You all know by now that Bernie Madoff was given a 150-year sentence for perpetrating a $65 Billion Ponzi scheme. That’s 145 years more than the original Charles Ponzi received on November 1, 1920. And Ponzi only served 3-1/2 years of that sentence in the Federal Penitentiary. After being released, ...read more

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Posted in Featured, Morning Whiskey | 3 comments


Madoff Makes Us Love Gold Even More

Dec 22nd, 2008 | By | Category: Featured, Gold, Personal Liberties
What if you woke up one day and there was a flying saucer sitting in the middle of Central Park? It would change your view of the world, if not the universe, right? At least that’s the idea behind the newly released remake of the classic 1951 film The Day ...read more

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Posted in Featured, Gold, Personal Liberties | 7 comments