Sunday, January 16, 2005

The Free Press -- Independent News Media - National Issues

The Free Press -- Independent News Media - National Issues

In reality, the only sure way to create a bull market, and enjoy the reflected glow of approval it implies for a president, is to find a new source of funds. That’s where privatizing Social Security comes in. Create a new investment account, and the laws of physics take over. Momentum defies gravity. Remember what happened in the 1980s, when everyone, even the wealthiest taxpayer, was suddenly invited to open an I.R.A. account?

We are going to here a lot of hard sell for changing Social Security over the next few months. A conservative says, "No" a true conservative says, "Hell no!". A free thinker will sniff the bad air and say, "Fugeddaboutit!" God help us if these fools win the day. You will notice that none of the folks who want to change Social Security are actually going to need it. Follow the money, folks, and it leads straight to a Wall Street brokerage firm. It slamdunk obvious.

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