On the recordMarch 31, 2025
Thank you. You have given me energy. I am sourcing my energy from you. I don't want to just cast aspersions on--and we are saying things that I just want to back up in fact. All of those letters--all of those letters from seniors--I see my dear friend from Pennsylvania is now the Presiding Officer. He missed all of the letters I read from Pennsylvania. In all of those letters, people were using the words ``Ponzi scheme.'' Where did that come from? I just want to read from ``The Joe Rogan Experience.'' I actually liked it. I enjoy listening to Joe Rogan. Elon: Social Security is the biggest Ponzi scheme of all time. Now, that is a big statement. It is the biggest Ponzi scheme of all time, Elon says. And Joe Rogan says: Why? Explain that. Elon says: Oh. So, well, people pay into Social Security, um . . . and--and the money goes out of Social Security immediately. But the obligation for Social Security is . . . uh . . . your entire retirement career. So you're . . . you're paying . . . uh . . . with your, the kind of people . . . you're paying . . . And I am reading this verbatim. You're paying . . . uh . . . with your, the kind of people . . . you're paying . . . like--like--if you look at the future obligations of Social Security, it far exceeds, uh, the--the tax revenue--uh . . . far. If you've looked at the debt, the debt clock. Rogan says: Yes. OK.…
Source
govinfo.gov




