Napolitano calls Social Security “America's biggest ponzi scheme” Written by Media Matters Staff Published 08/12/10 7:21 AM EDT From the August 12 edition of Fox News' Fox & Friends: Video file Previously: Fox Business promo decries Medicare and Social Security as Ponzi schemes Fox's Bolling: Social Security “kind of like a Ponzi scheme ... should rename it the Madoff Social Security system” Hoenig repeats discredited claim that “Social Security is, by definition, a Ponzi scheme” O'Reilly, Stossel agree that Medicare is a “ponzi scheme” Fox News promotes GOP comparison of Senate health plan to a “Ponzi scheme”
