It’s not too late for Social Security personal accounts

Eh, it probably is but I can dream. Just remember that if you control your own money, you’ll never have to worry about headlines like this: “Seizure of Social Security upheld Court OK's US effort to collect loan debt” In the case, the Supreme Court ruled unanimously that a 1996 law designed to recoup defaulted student loans applied to government benefits including Social Security. Yet for years opponents of reform have argued that Social Security is a “sacred trust.” The truth is that the government can reduce or rescind the benefit at any time.

Would you rather leave your retirement money in the hands of the government or in your own hands? Think carefully.

Extra – Will Franklin has his Thursday Social Security post: “Demographic Wave” Or as the Pixies might sing: “Wave of Mutilation.”