Cramer: Social Security a Bigger Ponzi Scheme than Madoff's

Mad Money' host says federal entitlement program operates in the same manner as Madoff's scam

By Jeff Poor
Business & Media Institute
12/18/2008 9:21:07 AM

Love him or hate him, this time Jim Cramer makes a good point.

While some in the media have expressed fury over allegations that Bernard Madoff ran a Ponzi scheme that may have cost investors up to $50 billion, CNBC’s “Mad Money” host Jim Cramer made another point.

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