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Detailed text transcripts for TV channel - FOXNEWS - 20101122:14:16:00

security is a ponzi scheme. bill: a ponzi scheme. bob beckel, democratic political analyst, andrea tantaros santoras, you should hear what we talked about during the commercial break. good morning to both of you. is ponzi rolling over in his grave today, andrea? i think he is. the only difference is usually in a ponzi scheme, people don t know they re being snookered, they don t realize they re being duped in but in the case of social security, we have full disclosure about what the government is doing. ponzi schemes require new investors, and when social security was set up, there was a lot more workers than there were retirees, now we see that being flipped. a lot less people are working, a lot less people are paying into social security and you re going to have a lot more people rye tiring, especially with the baby boomers. so that s one reason why. bill: so you thought perry was on target in his comment there. bob, did you? first of all, i didn t know there was a charles ponz

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