Captain Renault goes to Washington
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consolation for your children when they reach 65
During a House oversight DOGE subcommittee hearing on Wednesday, Garcia grilled Power the Future CEO Dan Turner while holding up a posterboard of a past tweet calling Social Security a "government-sponsored Ponzi scheme."
"Madoff went to jail for it. Congress runs on it," the post said. "I should be able to keep 100% of my money and not watch government waste it with a paltry percentage return."
Garcia then suggested that post was evidence that Turner lacks the credibility to be testifying about the billions of federal tax dollars directed to left-wing NGOs.
"A Ponzi scheme and so I think it's interesting, of course, as one of our Republican witnesses is calling Social Security a Ponzi scheme, and that's the person that we should be taking advice from here today," Garcia said.
You’ll have noticed that no Democrat has ever denied the waste and fraud occurring in social programs and exposed by the DOGE (and by decades of reformers before Musk and his team) and rather than defend the undefendable , they drag out the same old tropeL “think of the children!” Garcia followed his party’s game plan: he doesn’t address the fact that Social Security is going bust, and that cutting fraudsters and dead people from the rolls will strengthen, not weaken the program; he turns to hysteria and tears to argue against any attempt to rein in spending. When you can’t argue the facts, argue the emotions. The old advice to lawyers still holds: “If the law’s on your side, argue the law; if the facts are on your side, argue the facts; if neither the law nor the facts are on your side, pound the table.” The Democrats are table-pounders.
"Without Social Security, 22 million people would be pushed into poverty. That includes over 16 million seniors and nearly 1 million children. And in fact, Elon Musk has also said and agreed with you, sir, that this is a Ponzi scheme. I think it's ironic that you are one of our witnesses talking about efficiency when you want to attack the single best program that we have to support people not just out of poverty, but across this country to uplift them, to ensure they can afford a decent life."
Fox News Digital spoke to Turner, who stood by his post and outlined his belief, echoed by many, that Social Security is structured like a Ponzi scheme by definition.
"Rep Garcia does not know the definition of Ponzi scheme," Turner said. "Social Security is the ultimate Ponzi, demanding more and more people at the bottom pay in to fund the people at the top, expect our demographics have this now reversed. The system will default. Mr. Garcia nor I will likely never see a dime. That should worry him more than my social media feed."