The Truth About Social Security

It’s an election year which means speeches, commercials and news banter about political issues and the candidates’ respective stances.  In the interest of public relations, candidates’ views on Social Security are diced into sentence fragments and sound bites which does little to address the real issue.  Compounding the problem is that few people understand how the system works and where the funds go leading to all sorts of myths, misperceptions and exaggerations.  Let’s examine how the system works so you can make your own decisions about the best approach to fixing it.

New Theme

Hey, what do you think of this new theme?  The old one allowed us to use the lovely artwork created by my 15-year old son, Quinn, but this one is a little clearer and shows the author’s name even in the long version of the post.  I’m just trying it out – we might switch back.  Growing pains, you know.

The Fed – Part II

In part I, we talked a little bit about what the Fed does, and how it tries to juggle its multiple mandate to safeguard the banking system, achieve the highest level of employment possible, and keep inflation under control.

The Fed – Tool of the New World Order or Jewish Conspiracy? Part I

How about ‘none of the above?’  Of course, there are many people who would pick both, and add a few choice words as well.  It is true enough that the founding fathers were very suspicious of central banks, and worked hard to prevent the United States from having one.  These days, though, a country without a central bank is like a hockey team without a goalie – it’s not against the rules, but it would lead to some wild action.