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There are two main differences between Ponzi’s original scam and tThe — Social Security (United States)

"There are two main differences between Ponzi’s original scam and tThe passage of the Social Security Act in 1935 marked a great advance in our concept of the means by which our citizens, through their Government, can provide against common economic risks. . ."
Social Security (United States)
Social Security (United States)
Social Security (United States)
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In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). The Social Security Act was passed in 1935, and the existing version of the Act, as amended, encompasses several social welfare and social insurance programs.

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"Republicans have racialized poverty, and Democrats have run from poverty. And we’re forcing them to deal with the reality. We are very political, but we’re not partisan... There is not some separation between Jesus and justice; to be Christian is to be concerned with what’s going on in the world... All the victories we enjoy today—voting rights, Social Security, minimum wage—100 years ago were seen as virtually impossible...Everything we won, people had to start winning in the midst of opposition that looked like it was overwhelming. I believe that’s the moment we’re in right now."
Social Security (United States)Social Security (United States)
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"While some fantasize about being "masters of the universe," there are 45 million Americans without health insurance. Corporations are reneging on pension obligations. Social Security is under attack. We are headed towards a $400 billion annual budget deficit, a $600 billion trade deficit, an $8 trillion national debt. The cost of the war in Iraq is over $200 billion. While we build new bases in Iraq, we close them in the United States. Earth to Washington, D.C. Earth to Washington, D.C. D.C., call home."
Social Security (United States)Social Security (United States)
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"Franklin Roosevelts New Deal has become a conservative force in American life. In saying this, I do not intent for a moment to dismiss the enduring significance of the social and political struggles of the Thirties. The old lassez-faire myths were decisively shattered, government recognized its duty to promote full employment, Social Security was accepted as a national principle, the mass-production workers created the CIO - and this is only the beginning of a list of accomplishments of those times. The welfare state which was begun then is manifestly imperfect and often unjust. Yet it took the United States a giant stride beyond the decade of Warren Harding, Calvin Coolidge, and Herbert Hoover. Still, the Rooseveltian program did not solve the central problem of the Depression: mass unemployment."
Social Security (United States)Social Security (United States)
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"For years, I’ve been documenting how many of the senior Democrats are complicit in war crimes, how they belong in prison. But we are now in an emergency situation in which there is a huge, fundamental difference between the Democrats and the Republicans at this moment. The Republicans would abolish democracy. They’re looking — because that’s the only way they can perpetuate their power. They have a minority of the votes. They have to rig the system so they can stay in power, as their minority of votes diminishes over time.... And there are many good Democratic candidates in this election, people who, in one way or another, will represent a breakthrough for social justice, who all have essentially pledged to support Social Security, Medicare, Obamacare, Medicaid, when the Republicans would abolish it. But also, many of these, or a substantial number of these, Democrats are arguably war criminals — not as big as the war criminals on the Republican side, but still war criminals. And they belong in prison."
Social Security (United States)Social Security (United States)