The liberal democrat Bernie Madoff is currently serving 150 years in prison
for creating a Ponzi scheme that bilked other liberal Democrats of portions
of their life savings.
A Ponzi scheme is a financial scam that depends on ever increasing
participation to pay early participants large gains. Ponzi schemes are
mathematically untenable and always end badly because there is no such thing
as "ever increasing participation." That is why they are illegal in the
private sector.
But Ponzi schemes in the public sector are legal. Social Security,
Medicare, Medicaid, Obamacare, and most government pension plans are
examples of Ponzi schemes. Government Ponzi schemes have a slight advantage
over private ones in that the government can coerce sensible people to
participate against their will. This extends the life of the scheme but
also amplifies the magnitude of the disaster when the inevitable collapse
occurs.
Only criminals, fools, and liberal politicians promote Ponzi schemes. Which
are you? Feel free to pick more than one of the options.