The Dark Wraith on Social Security, rising gas prices, and a blogScream
Whenever I want to fill my brain with info on the chugging (or not-so chugging) economy, I turn to The Dark Wraith Forums (it’s recently moved to new domain digs, so check your blogrolls). He has interesting comments up on SocSec…
As far as Alan Greenspan’s testimony today, it was largely more of the same scare-the-pants-off-everybody blather about the future of Social Security. His emphasis during this session was on the need to slash benefits for future retirees unless something is done right away to shore up the system. It remains to be seen if any of the ruling party legislators will take the courageous step of removing the cap on personal income subject to the Social Security tax, a change that would, by most accounts, make the system solvent until near the end of the century.
Check out the rest of the post, “Stock and Bond Prices Sucked Down as Gas Prices Pump Up.”
On another front, Dark Wraith is helping to break open the clubby atmosphere of political blogs by creating a wire service, blogScream, to help spread the word about lesser-known but newsworthy blogs. The announcement is here.