Michael Hardner Posted April 28, 2011 Report Share Posted April 28, 2011 ...and now the mammoth Ponzi program(s) put in place are collapsing under their own weight. The entitlements are no longer sustainable as is...the "safety net" has become the biggest threat of all. Which programs do you mean ? Defense ? If so, I concur. You can't really spend 50% of the world's expenditures on defense anymore when there are no more countries to invade. Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted April 28, 2011 Report Share Posted April 28, 2011 Which programs do you mean ? Defense ? If so, I concur. You can't really spend 50% of the world's expenditures on defense anymore when there are no more countries to invade. ...or fight commies. You did say that was the original concern, right? Huge defense budgets come and go, entitlements are larger and last forever! Quote Link to comment Share on other sites More sharing options...
Michael Hardner Posted April 28, 2011 Report Share Posted April 28, 2011 ...or fight commies. You did say that was the original concern, right? Huge defense budgets come and go, entitlements are larger and last forever! When do they go ? Certain entitlements are supposed to fund themselves. Yes, it's a Ponzi scheme but it works if it's funded. Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted April 28, 2011 Report Share Posted April 28, 2011 (edited) When do they go ? As a percentage of GDP....check the math since WW2. http://www.truthandpolitics.org/military-relative-size.php#gdp-graph Certain entitlements are supposed to fund themselves. Yes, it's a Ponzi scheme but it works if it's funded. They are? The road to hell is paved with such funded good intentions. Charles Ponzi was convicted and went to prison. Edited April 28, 2011 by bush_cheney2004 Quote Link to comment Share on other sites More sharing options...
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