Ellis Washington is a former staff editor of the Michigan Law Review and law clerk at the Rutherford Institute. He is a professor of Constitutional Law, Legal Ethics, and Contracts at the National Paralegal College, a counselor at the American College of Education, and a founding board member of Salt and Light Global. Washington is a co-host of "Joshua's Trial," a radio show of Christian conservative thought. A graduate of JohnMore ↓Less ↑
The full retirement age is 67 and the lifespan is 80, so when they first conceived Social Security, they didn’t think they were going to be paying benefits for 13-15 years. That’s one of the reasons why this pyramid scheme isn’t working.
Note to America: There is no “Social Security Trust Fund.” Deceitful politicians on both sides of the aisle stole those trillions long ago to fund more and more welfare scams. Secondly, the biggest two Ponzi schemes will soon run out of money – Medicare (by 2024) and Social Security (by 2035) – meaning both programs will be bankrupt (collapse) 10-15 years sooner than the so-called experts’ “project.”
For a Ponzi scheme to be successful in politics and economics it must exploit three tendencies of human nature: 1) envy (I desire what you have); 2) greed (I will do whatever it takes to get what you have); and 3) willful ignorance (I didn’t know that minus defense [20 percent], 61 percent of America’s debt is entitlements and mandatory welfare spending predicated on the Ponzi scheme of the federal government stealing money from one group of people (the rich) through regulation, Marxism and unconstitutional taxation and giving it to another group of people (middle class and poor) who didn’t earn it and doesn’t constitutionally deserve it.
For example, let’s examine one of liberalism’s favorite and most worthless bureaucracies – the Department of Education. Currently the DOE budget is $107 billion per year. All 50 states are mandated to send money to the DOE to pay for the federal bureaucracy in Washington, D.C., and then some of those same dollars are “redistributed” back to the states with many strings attached (i.e., 2+2 =5, federal education testing scams, education atheism, Outcome Based Education, No Child Left Behind, LGBT agenda ["Heather has 2 Mommies"; "Daddy's Roommate,"], etc.).
The black 4 percenters
In 2008, 96 percent of all blacks voted for Obama. Dr. Levon Yuille, host of Joshua’s Trail,” the popular Michigan radio show of black conservative Christian thought, for over 25 years has been like John the Baptist – a clarion voice of reason crying out in the wilderness. In our state, “Detroit” is the slave plantation the Democratic Party has created. In that once-great city, criminal pathology, liberalism and unions have masterfully worked numerous Ponzi schemes, which have held black people in political, intellectual, social and economic bondage for 50 years (1962 being the last year a Republican served as mayor of Detroit).
During his radio monologue, Dr. Yuille often asks the following rhetorical questions:â€¨
If black people can forgive Democrats for slavery, why can’t blacks forgive Republicans for freedom?
If black people can forgive Democrats for Jim Crow that put Rosa Parks on the back of the bus, why can’t blacks forgive Republicans for supporting laws that ended Jim Crow?
If black people can forgive Democrats for the KKK, why can’t blacks forgive Republicans for anti-lynching laws to end Democrats’ reign of terror?
If black people can forgive George Wallace, the notoriously racist governor for supporting segregation, why can’t blacks forgive GOP President Eisenhower for sending in the National Guard so that black children could be allowed to go to public school in Little Rock, Ark.?
If black people can forgive President Bill Clinton and the Democrats for shrinking the black middle class, why can’t blacks forgive Reagan/Bush for the longest period of economic growth of the black middle class in the history of America? (See research by Dr. Melisa Harris-Perry.)
If black people can forgive Democrats for championing the most evil methods of eliminating black people – abortion – then why can’t blacks forgive Republicans for fighting against abortion to save little innocent black lives?
Slavery is a system under which people are treated as property and are forced to work. Slavery is the ultimate Ponzi scheme. The more slaves Masser has, the more wealth Masser gets, the less liberty the slaves possess.
Other liberal Ponzi schemes include: abortion, unionism, federal regulations, welfare, pensions, Medicare, Medicaid, Social Security, Obamacare, QE1, QE2, the American Recovery and Investment Act of 2009 (“Stimulus”), etc. Since FDR’s “New Deal” of the 1930s and ’40s, literally trillions of dollars have been stolen from the earners and given to people who didn’t earn the money and don’t deserve it. All welfare programs are disguised Ponzi or money-laundering scams where the money is funneled back into the Democratic Party coffers, slush funds, Mafia unions and political action committees.
How long will we continue to feed this ravenous Leviathan beast we call the federal government before it devours us all?
As birth rates decline precipitously and life expectancy increases, an ever-larger percentage of the population grows elderly. This leaves fewer workers to support each retired person. In virtually all developed countries, this scenario means that public-sector government pensions will soon collapse their economies into bankruptcy unless pension systems are eradicated, privatized, or taxes are increased to an extreme level – Greece, Spain, Portugal, Ireland, Italy, Britain, France are just the beginning. Soon all of Europe will collapse under the weight of their welfare-state Ponzi schemes.
Marcus Tullius Cicero (106-43 B.C.) a Roman statesman, philosopher and orator, said regarding the world’s first republic, “The men who administer public affairs must first of all see that everyone holds onto what is his, and that private men are never deprived of their goods by public men.” President Obama has just signed into law a budget deal that raised the debt ceiling above the previous $14.3 trillion to over $17 trillion. During the next 10 years, America’s debt obligations will skyrocket an additional $7 trillion – the overwhelming majority of which is taxation without representation as well as the continuation of Marxist, socialist and Keynesian economic scams.
When will America wake up and realize that liberalism is based on Ponzi schemes and vote out of office all of the scoundrels of the Democratic Party (and their RINO co-conspirators) and turn these traitors back into the Whig Party of the 21st century – politically extinct?