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...years before it collapses altogether--starting this year--the Social Security system will begin to be a bad deal for increasing numbers of those who do collect benefits. Until now, just about all recipients have got back the sum of their lifetime contributions, plus interest, with just a few years of retirement checks. Everything after that was gravy. But some 1995 retirees will be the system's first losers--meaning the benefits they stand to collect will, on average, fall short of what they paid in Social Security taxes, plus the interest those taxes might have earned if the money...
Right now the process makes everybody look good. The Social Security Administration this year will collect about $58 billion more in taxes than it pays out. The surplus goes into the trust fund, and is "invested" in Treasury bonds. Which means the Federal Government borrows the $58 billion and spends it on aircraft carriers, welfare checks and the like. The government gets to report a deficit of $193 billion, rather than the $251 billion it would have to confess to if it did not have the use of that Social Security money. At the same time, the Social Security trust...
...Fuhrman hesitated and appeared at a loss for words. As Bailey bore in, drilling Fuhrman with questions about the pre-testimony coaching he had received from prosecutors, the detective stumbled, becoming confused. Judge Lance Ito interrupted the questioning to confer with attorneys for both sides, giving Fuhrman time to collect his thoughts. The defense contends that Fuhrman had both motive and opportunity to frame O.J. Simpson for the murders of his ex-wife and her friend. Next: the defense will probe new allegations concerning an incident where Fuhrman is said to have used a racial slur in the presence...
...testify about everything from retained fetal parts-one type of abortion malpractice-to "postabortion trauma,'' a form of emotional harm that L.D.I. lawsuits hope to establish in case law. Life Dynamics also offers the services of 8,000 "Spies for Life"-moles who use a variety of methods to collect information about abortion clinics. L.D.I. has a computer data base on abortion providers and is working on computer-generated 3-D animation that will dramatically illustrate botched abortions for juries and judges...
...said for Lauer and Postman's detection of large-scale motions across the universe. Most scientists are betting that their observation is just plain wrong, but they haven't yet been able to pinpoint why. And both Lauer and Postman admit that the effect may wash out as they collect more data from deeper in space...