Is the RNC a ponzi scheme?

[ashling]

:shrug:

[ixion]

1. actually, the whole freakin' gov't is

in my opinion. And by that, I mean you pay in more than you get back.

[Electric Monk]

2. It can be argued that capitalism itself is, at the root, a Ponzi scheme

http://www.dailykos.com/story/2004/12/19/154919/83

http://www.google.com/search?q=capitalism+ponzi+scheme

[arcane1]

5. Well-put! n/t

[RKP5637]

7. The dailykos article was excellent IMO. I've often said similar... basically a

capitalistic system is always robbing Peter to pay Paul... pretty much passing the debt around... hence grow grow grow

[Electric Monk]

10. Requires a constantly expanding base. Kick. nt

[ixion]

9. and further...

I would argue that ANY institutionalized system invariably works to enrich only those at the top, or those well-connected to that system, be it public or private.

[branders seine]

3. they act like it.

in effect, all capitalism is a ponzi scheme.

[RKP5637]

4. +1, n/t

[old mark]

6. If it is, it is about to collapse - the RNC has very little money

in 2010, the least on hand in many years...nearly tied with the DNC!
They blame Steele for spending it as fast as it comes in, and for the low contributions as well.

I love the guy - he is the best Republican we Democrats ever had.


mark

[RKP5637]

8. Yep, Steele is our guy!!! n/t