Social Security

There was a time when people would work for the same company for their whole life, all the while paying into the social security program, then retire and think of nothing else but traveling in that RV that they saved for. Just ask your folks. If they were smart, they paid into their own private...

During Federal Reserve Chairman Ben Bernanke testimony today before Congress, Republican Congressman Spencer Bachus and Democrat Congressman Barney Frank engaged in a debate over what would be the best way to solve America's growing deficit problem. Congressman Bachus said that the most important...

Financial sector stocks could be given a boost if Republican presidential contender Newt Gingrich gets his way. The former House speaker, who has been rising in the polls, says that he wants to allow Americans to opt out of the Social Security system and place funds into personally managed...

Almost every asset funds a liability.  What gets pitched most frequently to the average American, investment-wise?  Save for your retirement. And that's good, mostly.  We need to save as a society, and we don't do it.  Even our government, who claims to save for us through Social Security and...

by Dale Coberly Social Security For The Young Intelligence Squared U.S. (  www.intelligencesquared.org ) is sponsoring an Oxford-style debate Tuesday evening in Manhattan. The program is entitled "Grandma's Benefits Imperil Junior's Future"  The resolution: "Commitments made to seniors decades...

Brad DeLong points us to a post from The Nation on early Koch brothers and Hayek The Road to Serfdom!! Yasha Levine and Mark Ames: Charles Koch to Friedrich Hayek: Use Social Security!: [I]n early June 1973, weeks after [Charles] Koch was appointed president of the Institute for Humane Studies....

The entitlement mindset includes much more than government benefits programs. The word entitlement commonly refers to government benefits to which we are entitled as taxpayers and/or citizens/residents. But there are layers of entitlement in the American psyche far beyond government benefits...

GMU economist Walter E. Williams discusses Social Security:   "During the recent GOP presidential debate, Texas Gov. Rick Perry said that Social Security is a "monstrous lie" and a "Ponzi scheme." More and more people are coming to see that Social Security is a Ponzi scheme, but is it a lie,...

Breathes there a man with brain so dead Who never to himself hath said, “Social Security looks like a Ponzi Scheme?” - With apologies to Sir Walter Scott Today we look at Social Security. In the US, Texas Governor Perry touched the third rail of Social Security and called it a Ponzi scheme, which...

By Robert A. Green, CPA and founder and CEO of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Chinese media interviewed me about this blog: Xinmin Weekly article in Chinese. I met a nice journalist Ms. Leyun (Lorrin) Shao from China in Finland last year. She reads my blog...