Hoenig repeats discredited claim that "Social Security is, by definition, a Ponzi scheme" Video ››› May 29, 2010 3:38 PM EDT ››› MEDIA MATTERS STAFF From the May 29 edition of Fox News' Cashin' In: Loading the player reg... Previously: AP's Raum uses falsehood to declare Social Security "pretty much" a "Ponzi scheme" On O'Reilly, Stossel repeats claim that Medicare is "like a Ponzi scheme" O'Reilly, Stossel agree that Medicare is a "ponzi scheme" Fox's Bolling: Social Security "kind of like a Ponzi scheme ... should rename it the Madoff Social Security system" Short Link copy link Posted In Economy, Social Security Network/Outlet Fox News Channel Person Jonathan Hoenig Show/Publication Cashin' In We've changed our commenting system to Disqus. Instructions for signing up and claiming your comment history are located here. Updated rules for commenting are here. View the discussion thread.