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Politics : PRESIDENT GEORGE W. BUSH
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To: asenna1 who wrote (167662)8/4/2001 12:57:25 PM
From: CYBERKEN  Read Replies (1) of 769670
 
The complete and immediate privatization of Social Security would serve to eliminate the MYTH that it is somehow different from any other public spending program. To the extent that it runs a surplus, that is no different from any other description of a government surplus. To the extent that it attains eventual collapse, as any Ponzi scheme is doomed to do, it is no different than any other national bankruptcy. The politicians who pump the fraud of Social Security as some sort of "savings plan" that has assets and profits like a private investment are mostly (but not all) Democrat/Socialists. Move them out of the Congress, and the restructuring of Social Security out of public-sector control can proceed BEFORE the catastrophe of bankruptcy brings it about in spite of future politicians' fraudulent representations. Leave it the way it is, and the disaster will be of biblical proportions...
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