Thursday, December 02, 2004

Republicans showcase future of Social Security (failure)

According to the Washington Post, Bill Frist's investments intended for use in political ads, have lost significant money in the stockmarket in the last few years. I guess this shows what's likely to happen during any downturn to our social security benifits. They may not make much money as they're presently invested, but imagine our pensions going down the tubes like the NASDAQ has done over the last 4 years. Who will pay, who will suffer. My bet on both counts is few Republican leaders, and few heavy Republican donors. Read the article for more.

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