Greenspan also suggested resurrecting the notion of sealing off Social Security revenues from other uses. Last year Social Security tax revenues plus interest exceeded benefits by about $150 billion, he said.Good grief, what a useless and irrelevant shithead.
"We need, in effect, to make the phantom `lock-boxes' around the trust fund real," he said.
"Principiis obsta; Finem respice." Olaf Rotkohl thinks that the pursuit of power over others is in itself a corruption, and those who seek such power are fundamentally corrupt. This space is dedicated as part of the constant challenge to those who seek to wield authority over the rest of us, keeping them on notice that they exert power only as it is granted to them by the people.
Tuesday, March 15, 2005
Greenspan's Uselessness, Part Two: And They Laughed at Al Gore about the "Lock Box"
It only took five and a half years and the wasting of the surplus plus a precipitous plunge into a darkening deficit, but even this idiot sees the light:
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