Social Security is a Ponzi scheme
So says James Walsh in "You can't cheat an honest man", p. 329, which I just finished reading.
He says it much better in 11 pages than I can in this weblog entry.
I recommend the book.
Update & Addendum
Remembered Life without a number, Neil McIver's personal site about how he lives without a Social Security Number (SSN) - and why.
Looks like he has a new site: Liberty Post.