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Wussy Lindsay Graham Lost My Vote
by Dick McDonald
Originally posted to BNN 3/10/2005

A politician I looked to for future leadership was Senator Lindsay Graham. No longer. Today he calls it a "strategic mistake" for President Bush to first introduce personal accounts rather than solve the "solvency" issue. He has swallowed this nonsense ever since he talked to Democrats. The guy is a wuss. Won't take the fight to the people. Doesn't understand mathematics or governmental accounting. He flat out fails the 21st. Century leadership test. Apparently Bush has lost another myopic to the brain-dead issue of solvency.

First of all we have $1.7 trillion in US bonds in the "fictional" Social Security Trust Fund we could sell to reduce our "real" national debt to cover the initial shortfall. Then we could require a portion of the money placed in personal accounts be spent on buying out the foriegn ownership of our bonds. Eventually our unfunded Social Security liability would self-liquidate and poor Lindsay's fears would be over. He could rejoin the party of the free and the brave and grow back his spine.

Dick McDonald blogs at The Right Scale.

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