POLITICAL: Unwinding the Social Security Ponzi scheme

http://tslrf.blogspot.com/2009/01/entitlements-part-15-social-security.html

Friday, January 9, 2009

Entitlements Part 1.5- Social Security

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This brought up enough discussion that some things deserve to be addressed in a venue more public then the comments section. I will address as much as I can in no particular order. Here it goes.

First of all I did not mean anything seriously bad to the older folks who read the blog or your peer group. I poked some fun but it is just that, fun. I take a few friendly shots at just about everyone given the right setting. I am enough of am asshole that if I wanted to say something really mean I would.

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The most interesting idea that came out of the comments was what happened in Chile with their SS plan in the 1970’s. If you are as familiar with that as I was three hours ago then read this. I think that is sort of idea is probably the best chance of making our system viable but I still have the same big question/ concern I had about going to a privatized system before reading that article.

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Guess who made that comment? It is a good discussion about the Social Security Ponzi scheme and how to plan around it. No need to rehash it here or repeat my comments. You can read them over there.

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SERVICE: The Obameter — Tracking Obama’s Campaign Promises

http://www.politifact.com/truth-o-meter/promises/

The Obameter: Tracking Obama’s Campaign Promises

Tracking Obama’s promises

   * Promise Kept 2

   * Compromise 0

   * Promise Broken 0

   * Stalled 1

   * In the Works 9

   * No Action 498

PolitiFact has compiled about 500 promises that Barack Obama made during the campaign and is tracking their progress on our Obameter. We rate their status as No Action, In the Works or Stalled. Once we find action is completed, we rate them Promise Kept, Compromise or Promise Broken.

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Be interesting to see how this shapes up.

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