Tuesday, October 26, 2010

Geithner Swears in New Social Security Ponzi Scheme Operators...

and pretty much acknowledges that it's a confidence scam.

Treasury Secretary Tim Geithner today swore in Charles Blahous and Robert Reischauer as the Public Trustees for the Social Security and Medicare Trust Funds. Blahous and Reischauer were nominated by President Obama in September 2009 to fill the positions, which had been vacant since December 2007.

“It is essential that the public has confidence that Social Security and Medicare will be available to help future generations retire with economic security,” said Treasury Secretary Geithner. “The public trustees play a vital role in instilling that confidence, and I am pleased that Bob Reischauer and Chuck Blahous will be taking on this important role.”

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