Gary Madoff recently received what amounted to a life sentence in prison for running a investment PONZI scheme. He bilked billions of dollars from unsuspecting investors by promising to pay high yield returns on their investments plus the security of their original investment. His problem was he never invested the money he received to pay the promised returns and offered no guarantees to do so. It was all a pyramid scheme and a vale promise with no visible ability to return the investment or pay the return. This is a typical illegal PONZI scheme.

Not unlike Madoff's investment scheme, our Federal Government is conducting the very same illegal investment strategy called Social Security. Social Security is nothing more than an illegal PONZI scheme in that the money we send to Washington is never invested in any instrument or interest baring account to cover the anticipated cash outlay to retirees without ANY guarantee by our government to insure any or all payments to those that have paid in to the scheme.

You heard me right. There is NO GUARANTEE by the government, regardless of how much you paid in, to make any payment to you upon your retirement.

To add insult to injury, all the money we have paid into Social Security System no longer exists. The money we paid into the trust fund has been pilfered by our government to pay for their irresponsible spending on everything BUT our retirement. They have blindly took it for granted that there would be more than enough money coming into the system to cover retiring Americans. Well that is not the case! Not only that, but the Federal government is not even required to pay back the money it has borrowed from the trust fund.

If Gary Madoff can be considered nothing more than a lying, no good, low life thief and common criminal who broke the law by operating an illegal PONZI, then how is it that our government can?  What would you propose Americans do about our Government and the politicians who continue to allow this illegal PONZI scheme to continue? Shouldn't they also be sent to prison?

Unfortunately, its to late to put Franklin Roosevelt in jail for creating this unconstitutional entitlement program (PONZI SCHEME) but we can demand that government repay all the money borrowed from the fund and turn the system over to the private sector jointly administered by the individual account holder. Of course there will need to be certain guidelines on the investment strategy for the managers of these accounts and individual holder to insure unethical or extremely high risk investment.