I thought this quote from Obama in the NYT was quite revealing given our recent conversations on social security.
“I’ll fight with everything I’ve got to stop those who would gamble your Social Security on Wall Street,” Mr. Obama said on Saturday in his weekly national address<http://www.whitehouse.gov/blog/2010/08/14/weekly-address-honoring-social-security-not-privatizing-it>. “Because you shouldn’t be worried that a sudden downturn in the stock market will put all you’ve worked so hard for — all you’ve earned — at risk.” http://www.nytimes.com/2010/08/15/us/politics/15address.html?src=un&feedurl=http%3A%2F%2Fjson8.nytimes.com%2Fpages%2Fpolitics%2Findex.jsonp What is he referring to? Possible privatization of SS? What will be the mechanisms for this outcome? Anthony -- xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Anthony P. D'Costa Professor of Indian Studies and Research Director Asia Research Centre Copenhagen Business School Dalgas Have 15 DK-2000 Frederiksberg, Denmark Ph: +45 3815 2572 Fax: +45 3815 2500 http://uk.cbs.dk/arc www.cbs.dk/india http://www.thisismodernindia.com/this_is_modern_india_about_us.html xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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