|A case of Tu quoque: "By Jove, what extraordinary headgear you women do wear!"—ironic reference in Punch (Photo credit: Wikipedia)|
A: BizX is a ponzi because of ____, _____, and _____.
B: But so is Social Security! Insurance! Banking System! Federal Reserve! (Everything else!)Really, that's a COMMON defense. Here's one actual example:
[Defending Zeekrewards which may be a Ponzi scheme] B. For those who think that money is coming from the investors….. it is!! So does money you borrow from the bank. You deposit your money into bank, bank holds federal minimum in bank vault and/or the fed… the rest well they make money by giving it to someone else for more money… sound familiar??This is bogus because it doesn't deny that Zeekrewards may be a Ponzi. Instead, it is trying to argue that Ponzi scheme is all around us (and thus, not really a big deal). It is arguing something completely irrelevant. It's considered a "red herring".