The Times finally gets Social Security right!
Approximately Perfect: Social Security Day!: "Social Security privatization and tax incentives for the affluent have another major drawback that endangers everyone's retirement security. Neither would add to national savings - the sum of government and individual savings that is a key determinant of the nation's overall standard of living. Privatization would not add to national savings because every dollar that goes into a private account would be offset by the government borrowing needed to establish the private system. Tax incentives for the rich do not add to national savings because they simply induce wealthy people to shift current assets from taxable to tax-free accounts.
Put more simply, with privatization and continued high-end tax breaks, the few would get richer as the many fall behind. Preserving Social Security while increasing savings outside Social Security is a better way to achieve a prosperous retirement."
Monday, January 17, 2005
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.
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.
Thursday, January 06, 2005
Tuesday, January 04, 2005
A Giant Step Forward for Punctuation? - Introducing the long-awaited sarcasm point. By Josh Greenman
A Giant Step Forward for Punctuation? - Introducing the long-awaited sarcasm point. By Josh Greenman: "A Giant Step Forward for Punctuation?
Introducing the long-awaited sarcasm point."
Introducing the long-awaited sarcasm point."
New Scientist - Novel calendar system creates regular dates
New Scientist - Novel calendar system creates regular dates: "A US physicist is lobbying for people to adopt his novel calendar in which every date falls on the same day of the week each year."
Thursday, December 30, 2004
The New York Times > Week in Review > China Expands. Europe Rises. And the United States . . .
The New York Times > Week in Review > China Expands. Europe Rises. And the United States . . .
Cracking like a limb in an icestorm--american hegemony crashes to the ground, it's rotten core revealed.
Cracking like a limb in an icestorm--american hegemony crashes to the ground, it's rotten core revealed.
Sunday, December 26, 2004
Saturday, December 25, 2004
Friday, December 17, 2004
Sunday, December 12, 2004
Wednesday, December 08, 2004
MIT OpenCourseWare | Literature
MIT OpenCourseWare | Literature
If you haven't seen MIT's open courseware site, get here quickly and see what an independent learner can do right now for absolutely no sheckels whatsoever.
If you haven't seen MIT's open courseware site, get here quickly and see what an independent learner can do right now for absolutely no sheckels whatsoever.
Monday, December 06, 2004
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