{"id":35246,"date":"2025-03-06T15:29:50","date_gmt":"2025-03-06T15:29:50","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/03\/06\/musk-calls-social-security-a-ponzi-scheme-the-real-con-is-what-trumps-peddling\/"},"modified":"2025-03-06T15:29:50","modified_gmt":"2025-03-06T15:29:50","slug":"musk-calls-social-security-a-ponzi-scheme-the-real-con-is-what-trumps-peddling","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/03\/06\/musk-calls-social-security-a-ponzi-scheme-the-real-con-is-what-trumps-peddling\/","title":{"rendered":"Musk calls social security a \u2018Ponzi scheme\u2019. The real con is what Trump\u2019s peddling"},"content":{"rendered":"<p>Social security is a highly efficient safety net. But the president\u2019s crypto plans and job cuts leave Americans holding the bag<\/p>\n<p>Elon Musk said on Joe Rogan\u2019s show last week that social security is \u201cthe biggest Ponzi scheme of all time\u201d.<\/p>\n<p>Rubbish. In a Ponzi scheme, a con artist lures investors into a fake investment project, pockets the cash, and then gets new \u201cinvestors\u201d to funnel cash to the older ones \u2013 until new recruits slow down and the whole thing collapses. Suckers are left holding worthless bags.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/commentisfree\/2025\/mar\/06\/elon-musk-social-security-cryptocurrency\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Social security is a highly efficient safety net. But the president\u2019s crypto plans and job cuts leave Americans holding the bag Elon Musk said on Joe Rogan\u2019s show last week that social security is \u201cthe biggest Ponzi scheme of all time\u201d. Rubbish. In a Ponzi scheme, a con artist lures investors into a fake investment &#8230; <a title=\"Musk calls social security a \u2018Ponzi scheme\u2019. The real con is what Trump\u2019s peddling\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/03\/06\/musk-calls-social-security-a-ponzi-scheme-the-real-con-is-what-trumps-peddling\/\" aria-label=\"Read more about Musk calls social security a \u2018Ponzi scheme\u2019. The real con is what Trump\u2019s peddling\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35246","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/35246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=35246"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/35246\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=35246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=35246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=35246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}