Like every repetitive political talking point, Social Security has reared its head in this election.  We hear it every election, we need to reform social security because the system will bankrupt us.  Of course, nothing ever changes and once elected these flakes forgets as soon as they plant their asses in office.  Since it looks like the whole country and industrialized world is heading for a major recession, excessive government spending should be a talking point.

We hear much about the bailouts, bank failures, Wall Street greed, and evil corporate America.  But what about long-term excessive government spending and entitlements?  Some folks in the GOP have proposed letting people invest a portion of their social security money as they wish.  Whether it be stocks, money markets, etc.  The Dems believe this is evil and just plain stupid.  Well that may be partially true, I will explain.  If people invest even a small portion in other investments, the system will most like bankrupt early.  But as it stands now, the system will go bankrupt and will never work for young people when they reach retirement.  So the Dems want us to all pay, lift the cap of social security withholding, and get screwed when our time is due.  The GOP would probably dismantle the system eventually.  Both scenarios are ugly but I frankly don't care.  The whole social security problem is like every other fiscal disaster we find our nation in.  In other words, the party can't go on all night, at one point you’re going to have to pull the plug and send everyone home.  I say the earlier we plan such news, the more people can invest and fix their finances efficiently.