When you rely on the government

Bill Weckesser
Thank goodness for the safety and security of government sponsored defined benefit plans and Social Security.  For the past 60 years Americans have been told by Democrats that only these programs can truly be counted on for genuine retirement security.  And millions of teachers, firefighters, policemen and other government employees have been all too eager to "leave the driving to us" when it came to retirement planning.  In the Democrat World, individuals could never actually "invest" any of their Social Security contributions in something as risky as the stock market because unlike Social Security, it's not guaranteed.  Well, that appeared to be the case until President Obama called the upcoming August checks into question.  He put it this way to CBS News: "I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it...." This new twist on safety is also being...(Read Full Post)

COMMENTS ON AMERICANTHINKER