Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
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Tax Guru-Ker$tetter Letter
Monday, February 15, 2010
Comparing Ponzi Schemes
Neal Boortz recently posted this side by side comparison of the two largest Ponzi schemes used to steal investor money in this country.
Another big difference between the two schemes was the fact that Madoff's victims invested their money voluntarily, while Social Security is funded at the point of a gun. Madoff's investors stopped giving him their money as soon as it was revealed to be a fraud. IRS is still forcing people to pay in to the SSA even now that's its collapse has been revealed to be imminent.
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 2/15/2010 12:46:00 PM Send this post:
