Social Security--still the best retirement deal around

[exboyfil]

31. The Trust Fund without fiscal restraint in the federal government

is a joke, and we are seeing it played out now. I am hoping the removal of the cap will cover most if not all of a shortfall related to pay as you go.

I stand adamantly for every dollar of Trust Fund money going back into payments, but you can already see the rumbles because S.S. has flipped to drawing down that Trust Fund. The chorus of changing that will continue to go stronger as additional revenue/spending cuts are requested from the general fund to pay back that borrowed money. I don't want to see a repeat performance in the future. I think the powers that be view a default on S.S. held securities as a less severe situation than a default on market based treasuries. The S.S. held treasuries are going to be the first thrown overboard (it will be done in some slick fashion with legislative tricks).