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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (69794)8/1/2009 9:45:36 AM
From: lorne  Read Replies (1) | Respond to of 224718
 
....Perhaps as early as this year, Social Security, at $680 billion the nation's biggest social program, will be transformed from an operation that's helped finance the rest of the government for 25 years into a cash drain that will need money from the Treasury. In other words, a bailout."....

The next great bailout: Social Security
Fortune's Allan Sloan takes a look at the troubled retirement program, why it's more important now than ever - and how lawmakers can repair it.

Full article >>>
money.cnn.com



To: TideGlider who wrote (69794)8/1/2009 9:46:29 AM
From: steve harris1 Recommendation  Respond to of 224718
 
I would have been one of those people if I hadn't doubled down during the spring.

Money is power to politicians in DC, therefore any efforts, based upon sound common sense, will not be considered especially when all three branches of government are controlled by Central Planning socialists.

Look at the cash for clunkers program, the billion blown has done far more to help people than the trillion Geitner passed out to his fellow Goldman Sachs alumni.