>>>>With that cynicism out of the way -- after all they comprise only about 635 taxpayer subsidized rulers, we have to deal with the millions (classified info) of Federal minions who are no part of Social Security other than whatever benefits they accrued before going private. How is their "plan" working. If it is a success, we have the working model in place and must convert the present Trust fund immediately to that successful model. Surely the actuarial figures are available to provide the cost effectiveness of private federal retirement plans vis-a-vis Social Security.
Still hung up on this red herring. Federal civilian employees hired since Jan 1 1984 (including politicians) are covered by SS. Both the old and new retirement programs have Trust Funds like SS. An individual employer's (even govt) retirment plan is different than a societal program like SS. The new federal retirement program (with SS) includes a defined benefit plan like many private employers, and a 401K type plan. Not sure how that relates to SS reform.
>>>>I can think of very few governmental solutions in any area of public concern that have worked, and the regulatory machinery put in place is most often inconsequential because no one is available to take even constructive criticism, let alone blame, when the failures mount.
I can think of several successes including FDIC, SEC SS, ...
>>>>The point is, is it fair, equitable and as free from political influence as can possibly be attained. That should not be a concept too difficult for an experienced legislature, a "public servant", to work toward.
First you complain that there is no one to blame, then you propose isolating programs from the only people we can blame (by voting): the politicians. Typical citizen who doesn't understand how our form of govt works.
