Re: Social Contract
- From: Mumia W <mumia.w.18.spam@xxxxxxxxxxxxx>
- Date: Fri, 28 Apr 2006 22:56:24 -0500
Wulfy wrote:
Steve Lamb wrote:Wulfy wrote:Thanks, Steve.
Erm. What does "ponzi" mean? I can't find it in any of myhttp://en.wikipedia.org/wiki/Ponzi_scheme
dictionaries, so I assume it's American Slang...
Indeed, thanks Steve.
Perhaps, Steve, you should have read this section:
http://en.wikipedia.org/wiki/Ponzi_scheme#Are_national_retirement_programs_Ponzi_schemes.3F
That section explains why national retirement schemes are *not* ponzi schemes.
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