I'm a repetitive fool
A Tale of Two Trust Funds - New York Times: "He and other experts urged the committee to stop raiding the fund and find a way - personal accounts or some other scheme - to save the money, but the Democrats on the committee were in no mood for such drastic measures. 'No matter what any of you say,' Representative Charles Rangel told the economists, most people 'believe that their benefits are guaranteed, and their kids believe it, and their grandkids believe that they are entitled to this benefit.'
The part about the grandkids isn't quite right, at least according to polls showing young people's skepticism about getting their promised checks. Nearly half of them have already started their own retirement accounts. They, like the drivers now paying tolls for roads that aren't being built with their gas taxes, seem to understand a lesson about trust funds managed by Congress: be prepared to pay your own way."
This man can't stop to help himself. Krugman smacked him down but he will not stop.
In 70 years Congress hasn't once not paid a SS benefit. Tienery want's us to think they'll default on US Treasury bonds and when so doing a private bank account will be safe. A Pox on the Times for hiring this fool - they're ruining their reputation with this low class neo-con artist.


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