Word: bondses
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What follows is a novel only in the sense that it has a lot of pages not devoted to phone numbers. There is no plot and certainly nothing that could be called character development. Ah, but character disintegration, character vaporized and sucked away by the office air conditioning, that's...
Still, his refurbished image--and the strength of his bonds with the Senate leadership--are about to be tested. After two years, the Senate Ethics Committee staff has concluded its Packwood investigation and presented its findings to the six Senators on the committee. "Now the committee is faced with doing...
What was missing from that cover, of course, was a baseball player. Not that evidence needs to be marshalled to prove that baseball no longer holds the top place in the pantheon of sport--just ask any fourth grader who he wants to be like, and after Jordan, Barkley, Shaq...
Nor will that be the end. Assume, for the moment, that the Treasury does somehow come up with the cash to redeem the bonds in the trust fund. Some time around the year 2029, when Generation X starts to retire, the trust fund--even if it existed at all--would...
GO PRIVATE: This is a variation on the Heritage Foundation idea, but one that would not allow younger and more affluent workers to abandon the system altogether. The basic concept: require workers to place part but not all of their Social Security contribution into a system of mandatory iras. The...