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March 15, 2005

Lockbox

Steve Moore and Larry Hunter want to stop the government raid on social security surpluses right now. They propose the immediate creation of personal investment account funds with the $100 billion surpluses expected for social security over the next ten years. “Stop the raid; start the accounts.” Begin building a real pension lockbox. The funds could be invested in stock market indexes or bond market indexes. But the government would have to stop spending money that is not really theirs. Another good idea.

Posted by Larry Kudlow at March 15, 2005 12:30 PM | Print

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