The Ponzi Scheme (Government style)

It may seem odd that Bernie Madoff was able to pull off the largest scam in US history. but on deeper reflection, maybe not so surprising when one considers that it is the government who claims to regulate the industry. And the government is itself involved in a bigger ponzi scheme - social security. It has admitted to using the SS funds to fund other things; which means that the money going out to retirees must be coming from other funds. Since the government owes billions of dollars, where is it getting the money to fund current retirees? Perhaps from current contributors; which makes social security a ponzi scheme. So what do you think, was guilt a probable cause for the Securities Exchange Commission overlooking details?