Federal Reserve Bank, Social Security

With Friends Like These, Social Security Doesn’t Need Enemies

An e-mail from Mother Jones this week carried a “sponsored message from the Progressive Turnout Project.”The message urged me to REPLY IMMEDIATELY to a “JUST IN” report: “Trump’s Budget SLASHES Social Security.”I know nothing of the Progressive Turnout Project, although following a link at the end of its message suggests that its business may be Read More

Social Security

Equifax Hack Shows Need for Social Security Number Overhaul

Equifax is answerable to its customers, the lending institutions — not the people of the United States. And that’s a real problem.Two problems have emerged. The first is safeguarding consumers’ private information. The second is coming up with processes to allow consumers to quickly restore or repair their private information when, not if, it is Read More

Insolvency

Anytime government or corporate interests allege an imminent crisis, journalists must guard themselves against manipulative terminology. Take the report the Obama administration released yesterday showing that the Social Security and Medicare trust funds are being depleted at a faster rate, thanks in part to the recession. The Medicare fund will run out of money in Read More