Social Security Cliff in sight; retirees will outlive Trust Fund; ramifications of nonmarketable IOUs and privatization. “…the alleged “trust fund” is nothing more than “nonmarketable Treasuries — really IOUs from one branch of government to another” that have no real value.” Reality cannot be fooled, not even by Barack Obama.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
View all posts by Bonfire of the Absurdities
