Perry Calls Social Security a Ponzi Scheme in Book

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Oct. 11 (Bloomberg) -- Bloomberg Government analyst Matthew Caminiti discusses statements made by Republican candidates for president during the Sept. 22 debate televised on Fox News. Caminiti and Bloomberg's Megan Hughes examine Texas Governor Rick Perry's assertion that the current U.S. Social Security system operates like a Ponzi scheme. Tonight at 7 p.m. New York time, Bloomberg Television and The Washington Post, in partnership with WBIN-TV and host Dartmouth College, will present the first debate of the 2012 campaign focused exclusively on the economy. Charlie Rose moderates. He'll be joined by Washington Post political correspondent Karen Tumulty and Bloomberg White House correspondent Julianna Goldman. (Source: Bloomberg)


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