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Arianna Huffington on Social Security

2004 former Independent Challenger for CA Governor


Calling Social Security a Ponzi scheme is radical & extreme

Back in the middle of August, just after Rick Perry tossed his cowboy hat into the ring, anonymous White House and Obama campaign aides were quoted saying that they welcomed the Texas governor into the race because they assumed that, given his radical positions, he would be easier to beat.

And that is certainly the conventional wisdom. After all, the man does have more than his share of extreme positions. To wit (or is it nitwit?):

We know he believes, depending on which day it is, that Social Security is "set up like an illegal Ponzi scheme," and a "monstrous lie."

We know he believes that the use of conventional monetary policy tools by the Fed is "almost treasonous," and that Fed Chairman Ben Bernanke would be treated "pretty ugly down in Texas."

We know all that. So surely someone with a history of radical statements like these could never get elected president. Americans would simply never put someone like that in the White House, right?

Source: Huffington Post, "Rick Perry's Extreme" , Sep 26, 2011

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Page last updated: Jul 06, 2014