When Charles Ponzi’s investment opportunity to sell international postage stamps was exposed to be a scam in 1920, its basic premise would forever be associated with the man’s name. A Ponzi Scheme promises investors massive returns on an investment that…
Category: Federal Government
Medicare and Social Security: Tackle Them Now
Many commentators have claimed that Republicans in Congress were wrong to boo President Biden when, in his February 2023 State of the Union speech, he accused congressional Republicans of wanting to sunset Social Security and Medicare. These commentators had one…