{"id":3569,"date":"2010-03-17T11:58:58","date_gmt":"2010-03-17T16:58:58","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=3569"},"modified":"2016-06-10T19:24:23","modified_gmt":"2016-06-10T23:24:23","slug":"social-insecurity-investment-rules-need-rethinking","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2010\/03\/17\/social-insecurity-investment-rules-need-rethinking\/","title":{"rendered":"Social Insecurity &#8211; Investment Rules Need Rethinking"},"content":{"rendered":"<p>Follow <a title=\"Worcester T &amp; G editorial\" href=\"http:\/\/www.telegram.com\/apps\/pbcs.dll\/article?AID=\/20100317\/NEWS\/3170368\/\" target=\"_blank\"><strong>this link<\/strong><\/a> to the editorial in the Worcester T &amp; G.<\/p>\n<p>I posted this response to this Editorial as a comment on the web site:<\/p>\n<blockquote><p>Wow, I cannot believe that I am seeing this as a T &amp; G editorial. I have been advocating this since at least 2004.<\/p>\n<p>Read the book &#8211; Rethinking Pension Reform, Franco Modigliani, Arun Muralidhar, Published October 2004.<\/p>\n<p><a title=\"link to book description\" href=\"http:\/\/www.cambridge.org\/uk\/catalogue\/catalogue.asp?isbn=0521834112\" target=\"_blank\"><strong>http:\/\/www.cambridge.org\/uk\/catalogue\/catalogue.asp?isbn=0521834112<\/strong><\/a><\/p>\n<p>It spells out a well thought out plan to modify Social Security investment policy in ways indicated by this editorial.<\/p>\n<p>Imagine if Social Security had been allowed to invest at the depths of the market in March 2009. That investment by Social Security would already be up by 60% or more.<\/p>\n<p>Previous publications by Modigliani and Muralidhar show even more detail than in the book. They had an FAQ that showed how they resolved just about every possible objection to their plan. Ted Kennedy was going to have them testify before Congress, but I don&#8217;t think that ever actually happened.<\/p><\/blockquote>\n<p>Follow <strong><a title=\"Previous advocacy of this idea\" href=\"http:\/\/www.ssgreenberg.name\/Politics\/index.php#SocialSecurity\" target=\"_blank\">this link<\/a><\/strong> to what I posted back in 2004 about this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Follow this link to the editorial in the Worcester T &amp; G. I posted this response to this Editorial as a comment on the web site: Wow, I cannot believe that I am seeing this as a T &amp; G editorial. I have been advocating this since at least 2004. Read the book &#8211; Rethinking [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[35],"class_list":{"0":"post-3569","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"tag-social-security","8":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/3569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=3569"}],"version-history":[{"count":5,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/3569\/revisions"}],"predecessor-version":[{"id":22796,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/3569\/revisions\/22796"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=3569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=3569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=3569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}