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Does Chris Wallace actually know what a Ponzi Scheme is?

Based on the "Fox News Sunday" host's interview with Imus this morning, the answer to that question is a resounding "no."

If you'd like a good post on how Social Security is, indeed, a Ponzi Scheme (contrary to the claims of the Washington Post's all-knowing Ezra Klein), check out the Red State post Scott mentioned earlier.

One last thing…
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