When Ponzi Schemes Fail

The current US government has become “a form of fraud that … pays profits to earlier investors with funds from more recent investors” – in other words, a Ponzi scheme.  No doubt the social security, Medicare/Medicaid and government retirement systems meet this definition of fraud directly.  But we may also apply it to other sectors of the federal government, including how the government funds defense, conducts a vast system of student loans, or pays the interest on the federal debt.

Cultural Appropriation

It is cultural appropriation if a black person listens to Mozart; this dead white male composer is simply not part of that person’s culture. It is cultural appropriation whenever an Oriental person tunes in to rap music; those songs are simply not part of that person’s culture. It is cultural appropriation every time a Jew eats pork; not only is this food simply not part of that person’s culture, it is proscribed by his culture, not to say religion, which, indeed, is part of culture. It is cultural appropriation when a Catholic drinks Manischewitz wine.