Liberal firebrand Chris Matthews and his guests, though not fond of his language, back up Gov. Perry's claim the Social Security funding is a Ponzi scheme.

Chris Matthews: "It is a Ponzi scheme in the sense that the money that is paid out every day, is coming in from the people who paid that day".

Very interesting and thoughtful (a bit partisan, of course) discussion from Chris Matthews "Hardball".

[ame]http://www.youtube.com/watch?v=4N-kIJVFcO4[/ame]


You can watch the entire 7 1/2 minute segment in the link below.

http://newsbusters.org/blogs/matthew...y-ponzi-scheme