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"It doesn't take a rocket scientist to see that social security is a lousy deal for everyone but the minimal recipients who barely paid in enough to qualify."

Rush made such a stunningly crystal clear presentation of exactly what privatization is, on his show today, that I couldn't help wonder why President Bush can't lay it out in the same way. When you hear such a clear presentation, there is no contest. In fact, you want to jettison the entire gov't run S.S. and start putting the whole 12% into privately controlled investment accounts, not a mere 4%!!

Thanks for your comments, Cicero.

Char :)

you want to jettison the entire gov't run S.S. and start putting the whole 12% into privately controlled investment accounts, not a mere 4%!!

I only heard part of what Rush said. I didn't hear him explain that we have to keep paying the Seniors who were promised SS.

We have to pay enough to keep those promises, but I think the best idea is to convert from this Ponzi scheme to an actual savings plan as soon as possible. Any explanation that moves people along that road is good enough for me.