Archive for August, 2011

Critical Observations on Social Security

The Social Security program in the United States is one of the largest and most sweeping government policies ever implemented.  There is no shortage of detractors and supporters alike for this program, to be sure, but one fact cannot escape even casual observation – the Social Security program directly and indirectly affects everyone to varying […]

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Military Retirement Reform Eyed Amid Fiscal Debate

The Secretary of Defense, Leon Panetta, recently stated in a televised conversation at the National Defense University that the Department of Defense was seriously considering military retirement reform.  According to the Defense Business Board, the reform would focus on transitioning the current traditional pension to a 401(k)-style retirement fund based on employee/employer contributions. It must […]

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Demographics of the United States Armed Forces

Since the subject of the individual makeup of American servicemen came up in a comment response on a different post, I thought it appropriate to point out some interesting facts regarding the long promulgated and completely inaccurate assumptions that only lower income households produce our fighting men and women, and that they are generally uneducated […]

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Real Reform Punted

As virtually everyone should know by now, President Obama today signed a “bipartisan” bill into law that extends the debt ceiling immediately by $400 billion.  And proving that what the administration has been assuring us along is true – that the congressional bickering has prohibited the economy from stabilizing and growing and that a compromise […]

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