Friday, January 25, 2008

An open question to those of you who would be President

Remember when the hot idea was to shut down social security and have us all invest in the stock market?

I’d like to hear your explanation of how that would work during an economic down turn like the one we are feeling now.

The problem with social security was never not enough money, it’s that the money was “invested” in IOUs when congress “borrowed” it for the general fund. The the real problem is that congress now wants to default on that debt to the American people

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