{
    "href": "/post/2010/05/17/bernie-madoff-vs-social-security/",
    "relId": "2010/05/17/bernie-madoff-vs-social-security",
    "title": "Bernie Madoff vs Social Security",
    "author": "pmjones",
    "markup": "html",
    "tags": [
        {
            "href": "/tag/economics/",
            "relId": "economics",
            "title": "Economics",
            "author": null,
            "created": null,
            "updated": [],
            "markup": "markdown"
        },
        {
            "href": "/tag/government/",
            "relId": "government",
            "title": "Government",
            "author": null,
            "created": null,
            "updated": [],
            "markup": "markdown"
        }
    ],
    "created": "2010-05-17 15:12:17 UTC",
    "updated": [
        "2010-05-17 15:12:17 UTC"
    ],
    "html": "<blockquote>\n<table>\n<tr>\n<td>BERNIE MADOFF</td>\n<td>SOCIAL SECURITY</td>\n</tr>\n<tr>\n<td>Takes money from investors with the promise that the money will be invested and made available to them later</td>\n<td>Takes money from wage earners with the promise that the money will be invested in a \"Trust Fund\" and made available later.</td>\n</tr>\n<tr>\n<td>Instead of investing the money Madoff spends it on nice homes in the Hamptons and yachts.</td>\n<td>Instead of depositing money in a Trust Fund the politicians use it for general spending and vote buying.</td>\n</tr>\n<tr>\n<td>When the time comes to pay the investors back Madoff simply uses some of the new funds from newer investors to pay back the older investors.</td>\n<td>When benefits for older investors become due the politicians pay them with money taken from younger and newer wage earners to pay the geezers.</td>\n</tr>\n<tr>\n<td>When Madoff's scheme is discovered all hell breaks loose. New investors won't give him any more cash.</td>\n<td>When Social Security runs out of money they simply force the taxpayers to send them some more.</td>\n</tr>\n<tr>\n<td>Bernie Madoff is in jail.</td>\n<td>Politicians remain in Washington .</td>\n</tr>\n</table>\n</blockquote>\n<p>via <em><a href=\"http://www.truthinaccounting.org/blog/blog.asp?ArticleSource=995\">Institute for Truth in Accounting - Blog</a></em>.</p>\n"
}