Who's Selling The Snake Oil?
Today Schundler field staffers were up at the crack of dawn for the Bush rally in Westfield… Mind you… the only campaign staff tough enough to brave the elements. While other campaigns’ staffers were warm in bed, Schundler’s top notch field staff campaigned for their boss and rallied for President Bush..We're happy to know somone seeking the Governor's office supports the President. When all we read and hear is:
Among those addressing the crowd was Rep. Robert Menendez, D-Hudson County, who blasted Bush's proposal to allow workers under 55 to establish private investment accounts with a portion of their payroll taxes.Social Security is the biggest ponzi scheme of all time and Menendez has the nerve to call President Bush a snake oil salesman.
"He comes like a traveling salesman," the congressman said. "If he had a good product we'd welcome him. But he's selling snake oil.
The following is from a U.S. Government website on ponzi schemes. Isn’t this a completely accurate description of Social Security?
Decades later, the Ponzi scheme continues to work on the "rob-Peter-to-pay-Paul" principle, as money from new investors is used to pay off earlier investors until the whole scheme collapses. For more information, please read pyramid schemes in our Fast Answers databank.Now if we could only get the Democrats to tell the truth maybe the country could get down to the business of fixing this whole mess. Don't hold your breath, their power is tied up in controlling our money.