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I agree with you in principle. I think it will be a really hard political sell. Even 'conservative' Rick Santorum is backing away from the 'third rail of politics.'

Please see: http://thomas.loc.gov and type S.1750 into the dialog box. That should bring up Tricky Ricky's bill to "Guarantee" Socialist Insecurity payments to all born before 1950.

Given that one of the President's Social Security Bulldogs is proposing a guarantee for benefits....I don't see cutting benefits as a real option.

I would gladly renounce all claims to benefits earned in exchange for the freedom to invest all future SS taxes on my own. I would also do just about anything to ransom my children's freedom from this ponzi scheme. I just don't see it happening. The productive sector will always be saddled with the bills of the unproductive sector....and yes, that's socialism. Until we change entitlement mentality...we'll be stuck with leeches and hosts.