04/25/05

Last time, visiting Rep. John Spratt, D-S.C., ranking minority member of the House Budget Committee, was explaining the Democratic objections to President Bush's proposal to 'allow' workers to shift a small portion of their Social Security levies into (government supervised) private retirement accounts. But so far in our discussion, no one seems to be talking about a major evil of the status quo, that being the way the overheated government printing presses -- struggling to keep congressional promises not just on retirement benefits but on those really massive budget-busters, Medicaid and Medicare -- have perversely damaged those who do try to provide for their own retirements...

http://www.lewrockwell.com/suprynowicz/suprynowicz24.html

from LewRockwell.Com, by Vin Suprynowicz


Informant: Thomas L. Knapp