Punter5,
Just like most people here, it's not big deal for me to call it Ponzi or whatever, just as you said "Scam, scheme, ponzi - call it what you will." (see your post on "31/07/09 15:54").
I just wonder how you would have gradually changed your stance.
I am not layer, and "Ponzi" is not a "theory" of mine either. I think many years ago some members in HC started call it "Ponzi" or "legitimatised Ponzi" and I learned it from them. And people here now often use it. So again no big deal.
OK, "Scam, scheme, ponzi - call it what you will."
I reckon we should finish our debate this way.
I also thank you for your informative discussion.
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