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@davey_cakes AI is a right wing con and #ponzi scheme. Drawing in the gullible in search of 'fools gold'. Personally I rip it out every time it's tentacles snake their way into #PalkyWorld
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#ponzi
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2/ #pembroke #regeneration #politics The current #Pembroke_Town #pembroke_castle #community hub etc etc is a #ponzi. Sucking to date £193 million from #PCC (Pembrokeshire County Council) 'regeneration' funding. That's #EU money by and large. I had a contact with another journo on #NationCymru , an 'independent' based in Swansea. The shutters have come down on that, hmm.
Rule #1 of grifts and fraud: If it really was that lucrative a deal, why are they telling strangers, instead of just keeping it to themselves and scaling their personal operation up?
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On the heels of all this bad news rumours are swirling that Tesla investors and insiders are offloading shares.
Prompting Musk to hold an all hands begging Tesla employees to stop selling shares of the company:
“If you read the news, it feels like Armageddon. I can’t walk past a TV without seeing a Tesla on fire,” he said. “I understand if you don’t want to buy our product, but you don’t have to burn it down. That’s a bit unreasonable.”
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@br00t4c
"Is #SocialSecurity a #Ponzi scheme?"
No. The clearest evidence of that is that in a 'Ponzi Scheme', the only one to get rich is "the guy at the top"... who in this case would be the government.
#Republicans are constantly (falsely) telling us, "Social Security is going broke." 
#SorryElon #TooStupidForPolitics #DisasterPresidency
I just valued a 1 Cent coin I found at $ 500 using the same strategy as the folks who value Xitter, Meta, etc.
1. You have to be an investor. Check, I am the investor of the coin.
2. You take the market cap of a website and divide it by the number of daily users.
3. You use your daily 1 Cent users to put a value on it. 1 daily user == $ 500.
But you need to use the price people are paying for a 1 Cent coin, some say.
Sure suckers, if you give away a 1 Cent
...
#SocialSecurity Is Not a #Ponzi Scheme. Today’s attacks R just latest form of backlash to New Deal. Lawrence B. Glickman. When Musk called Social Security “the biggest Ponzi scheme of all time” on Joe Rogan’s podcast on February 28, he was, wittingly or not, echoing a long line of conservative critics. Over the last 15 years alone, a long line of Republican politicians—Mick Mulvaney, Ron Johnson, Rick Perry, Ted Cruz, and Rand Paul—have characterized it the same way. https://www.bostonreview.net/articles/social-security-is-not-a-ponzi-scheme/
"Prefiero morirme en una marcha que en un hospital sin medicamentos"
-Hugo (jubilado de 90 años)
The police in #Argentina leaving firearms in the middle of protests to provoke violence, leaving police cars open and unattended, infiltrated cops breaking public property, you name it.
This is happening right now.
Please share and help the world see what this corrupt, inept and fascist government is doing to shut down a protest of retirees.
m.youtube.comBefore you continue to YouTube
More of this PLEASE! 
Via @RepJohnLarson (on X): #ElonMusk called #SocialSecurity a #Ponzi scheme and Donald Trump called it a scam. Make no mistake - they want to slash & #privatize Americans' #benefits.
My resolution compels them to provide answers, but Republicans are trying to stop it from even coming to a vote in the House.
In search of the South Pacific fugitive who crowned himself king - https://www.theguardian.com/world/ng-interactive/2025/mar/06/in-search-of-the-south-pacific-fugitive-who-crowned-himself-king "Noah Musingku made a fortune with a #Ponzi scheme and then retreated to a remote armed compound in the jungle, where he still commands the loyalty of his #Bougainville subjects" what a fab, bonkers story
The Guardian · In search of the South Pacific fugitive who crowned himself king
Mechanic Your Social Security may be on the chopping block next 
Elon Musk Calls Social Security 'The Biggest Ponzi Scheme Of All Time'
“Elon #Musk is calling #SocialSecurity a “Ponzi scheme,” prompting suspicion that the world’s richest man is merely hoping to privatize a social safety net that has existed since the 1930s — and has kept millions of elderly, poor and disabled Americans from destitution.
The #billionaires argued Friday on “The #JoeRogan Experience” podcast that the United States government is “one big pyramid scheme” before blasting Social Security as “the biggest #Ponzi scheme of all time.”
https://www.huffpost.com/entry/elon-musk-social-security-ponzi-scheme_n_67c337cce4b049364f4586a3
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Since at this point, #MicroStrategy #exists to fulfill Michael Saylor's obsession with #Bitcoin, why didn't he rename the company to MichaelStrategy?
#SCTP 6: The argument that #crypto is great for #remittances and helps #bank the #unbanked. A totally false premise that was debunked in my doc at https://www.youtube.com/watch?v=tspGVbmMmVA&t=4118s
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@Lazarou @scalzi "stupid Monkey pictures" - how did they ever catch on? Because #suckers fall for the #grifters line about free money *every time*.
Ever read https://www.goodreads.com/book/show/403452.The_Big_Con ? Certainly worth a look. Otherwise see @molly0xfff
GoodreadsThe Big Con: The Story of the Confidence ManThe classic 1940 study of con men and con games that Lu…
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"The Trumps have been trying to get into #crypto for a while, and they saw an opportunity to cash in this weekend. Just as #Trump sold his #MAGA devotees Trump-branded Bibles & sneakers, he has now sold them a Trump memecoin. Of course, if someone pays $60 for a Trump-branded Bible, they may have overpaid, but at least they got a holy book in exchange; if you lose all your savings on Trump’s memecoin, you have nothing to show for it."
https://archive.is/xkhPP
Two days before his inauguration, #DonaldTrump abruptly launched a new cryptocurrency, traded as “$TRUMP”...
#memecoins have no cash flow, no fundamental value. There’s no claim to a business’s future profits, nor even the pretense of a business model...
Rather, people buy memecoins such as $TRUMP solely because they think someone else might be willing to pay more for them someday. It’s basically a whizbang-sounding #Ponzi scheme."
