, back to

Political Factoid

According to Gov.Rick Perry (R-TX),
the entire insurance industry is
nothing more than a collection of
ponzi schemes.
 
All insurance companies use current premiums
to pay current claims
.*

 
* Including Medicare, the social health insurance
administered by the United States government,
as well as the federal Old-Age, Survivors,
and Disability Insurance (OASDI) program.
a.k.a. Social Security.
-30-

Collected by students of  Zo^o University
Last updated * 2014-01-13
Copyright © 2011-2014 Zo^o University
All Rights Reserved