Post

When I was in Congress we were constantly told to not call social security a “Ponzi scheme” unless we want to never win another election. Elon Musk just called social security a “Ponzi scheme.” But hasn’t touched his contracts with the govt yet

1.6K reposts8K likes

There are so many ways to cut government spending without touching Social Security. Perhaps looking at some of those large defense contracts maybe reducing congressional staff perhaps we can even raise the cap on Social Security tax

Remember when Musk invested heavy in Dogecoin and the price skyrocketed? And Trump created his own crypto out of nothing and the price jumped for it? And then Trump added crypto to the Federal Reserve and crypto skyrocketed. Not as illegal as pump & dump market manipulation but how can it be legal?

I watched a program about the election in Nov. They can prove the voting machines were messed with. Where Harris actually won. That's why tRump said he didn't need our votes. Why he said we would never need to vote for him again! If not taken seriously. They will do it again for the mid terms!

Elon’s has the best Ponzi scheme Americans pay taxes he gets free money. With SS we save & get back what we put in. What did Elon do, he isn’t an engineer or scientist he just bullies his staff & Elon gets the credit. He is the ultimate Taker; he is arrogant to think we don’t deserve our money.

The idea that each current generation of workers should help fund a decent - not luxurious - life for pensioners and widows of the earlier generation that did so as well is unethical? Only to fuckface cheapskates.

It’s our own money we worked for and paid in our whole lives. It’s no Ponzi scheme ! I want my SS to keep coming monthly or what else can I do? I’m too disabled now & old to go back to work . Don’t those idiots think about that part ? We paid it in!

Hard work is never a Ponzi scheme. Musk very good in the “art of the lie” Musk has ZERO worries about his retirement and he could refuse to draw Social Security or Congress could modify income threshold on the billionaire any SS

Social Security is not a Ponzi scheme. It is underfunded because it caps income at a low level -- meaning working class and barely middle class people pay far more into it (%wise) than do wealthy people. Also, it should tax wealth since billionaires live off credit - not income.

Ok. This is getting ridiculous! We The People need to start putting pressure on the people responsible to invoke the 25 Ammendment. Trump is handing our National Security to Trump & Russia. Why aren’t people calling for it ALREADY??? This is more than insanity and enabling! It’s our lives at risk!

But he is laying off the people with a sophisticated understanding of technology so that there will be nobody to look into the content of his work. Could it be his reports say what an algorithm preordains, not what the actual data says.

And when he called it a "Ponzi Scheme", he couldn't even get to the point for 30+ seconds, annoyingly stuttering. If billionaires like him would pay their percentage of taxes - then maybe social security wouldn't run out of money. The idiocacy from a supposed genius!

Adam call me out if im wrong is it not true that if you got citizenship by applying for it dont you have to repeat the constitution bill of rights and pledge your allegiance to the UNITED STATES Of AMERICA and can you lose this if you break that alliance? So if true throw him out !!!!!!!

He speaks about retirees who could collect SS for 10-20 years. What about all of those who die before ever beginning to collect? Not all who pay into SS gets to ever collet it.

Not only has he not touched his contracts, but he is destroying government purchase tracking systems already in place and telling us to work with DOGE team leads to create a new one. Wonder who's gonna get that contract.

It's astonishing to me, that after all this time, we are still comparing Trump's support to traditional political support. Maga does not care about the economy, cuts to Medicaid and Social security or foreign affairs. All they care about is having a president that validates their hate and bigotry.

He doesn’t know the difference. A Ponzi scheme is a lie, a fraud, something other than that put forth. Sosec is a generational contract wide open for all to see. More $$ need to go in. S/h been addressed decades ago.

Any one of his baby mamas can ask the family court in Texas for a parental custody psychological evaluation- determine if he is a fit parent; he’s taking drugs, and allowed a four year old around a convicted sex offender. Elon can’t escape jurisdiction as the ct has it until child is 18

Exactly. I have thought about that a lot. Elon didn’t grow up here and establish childhood relationships so he really has no allegiance to America and doesn’t understand our values either.

Social Security is an earned benefit of the workers in the United States and would be fully funded for decades if Congress stopped raiding it to pay for other things and then never fully paying it back, and if the rich paid into the fund for their total income, not just the first $176K.

Social security would only be a Ponzi scheme if someone like Musk steals tax payers money and destroys the government and the economy so that the money that workers have put into the system is no longer there. That's why we need federal workers that Musk is firing to make sure that does not happen

Elon Musk is lying to you. Social security is the opposite of a Ponzi scheme. A worker pays into social security every paycheck throughout his/her life and collects social security payments during retirement. Musk is ignorant since he does not pay social security taxes on capital gains from stock.

Musk M&A the government thanks to Citizens United. Now, he’s dismantling it and selling off assets. He doesn’t speak to his base or the country—he speaks to his board of directors…

But MUSK!! the WonderBoy wasn't elected to Jack or Shit. He was appointed by the Felon and Thief who is trying REAL hard go generate enough hate that there will be a popular uprising that he can use to cancel the constitution... Dang it. FUCK TRUMP with a razor wire whiffleball bat...

he's just like 45! A terrible case of NPD & a God complex! He doesn't give 2 shits about the country or the people in it, other than making more money off hard working American taxpayers! Now he's calling for the US to get out of NATO & cuts to social security! #FuckElon I'd love to woop his ass!

Actually, it's the insane stock market bubble that's the greatest Ponzi scheme of all time. Hardly any stocks trade at a price justified by what they are ever likely to be paid out in dividends, by any discounted cash flow analysis. Tesla in particular. eLoon is the ultimate Ponzi-schemer.

No it not a poniz scheme …. Do you pay into it?……i have for 50 years and now i use it to help me make my ends meet at the frist of the month and pray for a little off handed job just to make the rest of the month i dont get medicaid and ive paid into medicare to so i have some insurance

Yes, i do pay into it. The fact that you have paid into it for 50 years does not answer my question. So you put in some money, and so does everyone who works. I will almost certainly not see the money that I am putting into the program since the boomers are taking out more than they contributed.

Stop the Bellini Mussolini. 3 special elections for control of the US House! DONATE to FL- 6 Josh Weil (www.joshweil.us), FL-1 Gay Valmont (gayforcongress.com) and NY-21 Blake Gendebien (blakegendebienforcongress.com) TAKE BACK THE HOUSE! and… IMPEACH KRASNOV! Throw out the Nazi Sycophant Traitors!

joshweil.usJosh Weil for CongressJosh is a single dad, public school teacher, and is the Democratic nominee in the 1st house race of 2025. Winning this race puts the brakes on MAGA. Now is the time to ACT.

So the taxes I paid are a Ponzi scheme. So the ponzi scheme is the nevue government’s o repetition of how to cheat hard working American’s out of money we have paid into a retirement fund. They are diplorable.

Your president is doing crypto scams, so who cares. You are done as a country. Your economy is now a ponzi scheme, your foreign policy an extortion racket and all the worst people are getting really rich and therefore powerful.

Why is it that most Republicans think Social Security is not something the American workforce has earned? I paid into it since age 15. Now that I'm finally old enough to enjoy some benefits, to use money I've let the government play with for more than 50 years, it may be taken away. Theft.

Well, that’s because he’s neither elected nor Appointed by Congress. He’s just a rich schlump that was given free rein to creepy crawl through OUR Social Security WE paid for and the Treasury. He’s nothing more than a So African “Veruca”. “I want it NOOOOOOW”!!!

Their goal is to either circumvent or to cancel future elections. There's no other alternative, given the blatant criminality of their actions. They are acting as if there will be no electoral consequences because they are working toward that goal.

You know, SSI is not a Ponzi Scheme because it CAN BE (& should be) funded by Congress for future population estimates. A true Ponzi scheme is a clandestine lie promulgated with lies to unsuspecting prospects without end until it explodes. SSI does NOT "have to" explode!

A Ponzi scheme is defined as a short-term scam involving expected returns from a fictional underlying business. Soc Sec is not based on a false scheme. It is fully transparent. It has lasted for nearly 90 years. Ponzi schemes last 3- to 5-years on average. #DeportMusk #ImpeachTrump

I hope the younger generation realize how cutting SS will impact them. Who will take care of the elders? In our case, we'll be reverse mortgaging our home. So much for trying to leave generational wealth. What else can we do?

I realize that we are in a fortunate situation. That doesn't mean that we aren't mourning the loss of decades of work and contribution that we'd hoped might uplift our family in a small way.

Not a Ponzi scheme because it’s not. SS is not promising early investors big profits, just supplemental income to those in old age and the disabled. SS won’t collapse under its own weight because current contributions are paid by current workers via the FICA tax. You can’t opt out. It works.

New Presidential Executive order: Trump will sign a new EO to rename the planet MARS to planet MUSK..! Martians are outraged but are no longer allowed to attend news conferences at the WH. Some residents of Roswell are planning to hold protest but are fearful of deportation to Guantanamo.

My prediction of Trump's next "big issue" to distract from his theft: "Make Pluto a Planet Again" I can hear him talking about it in my mind.. Pluto used to be a planet. A small one but good one. One of the best some might say. But the so called science libs took it away...

I don't know why they did that. Pluto did nothing wrong. In fact it was the opposite. It was amazing. I remember growing up there used to be 9 planets. Now there is only 8. Why are they trying to make our solar system smaller. I will take pluto back again and make our system great again.

He warned us Social Security was going to be stopped in the next month...The Ponzi scheme was on the American public. We wanted a real president not a make believe rich man who cry when he can't have his way.

Musk has received billions of taxpayer funds through government contracts, loans, and subsidies. His wealth increased by $213 billion in 2024, making his net worth $400 billion. The unelected Musk, who paid $176,100 in Social Security taxes, is going to cut our Social Security.

Can't wait to see what happens when these outraged town hall Republicans realize they are the ones Trump is now calling paid Dem operatives