Question by Hot Government Injection: To run America “like a organization” need to we turn Social Security more than to the Pension Benefit Guaranty Corp?
“The Pension Benefit Guaranty Corporation has turn out to be an increasingly popular option for private-capital funds and other investors who are searching for to spin investments in near-bankrupt industrial businesses into gold. The key is to shift the responsibility for pensions, which weigh as heavily as bank loans on a company’s balance sheet, to the pension corporation.
The identical financial alchemy has been performed at Polaroid and US Airways, at textile businesses like Cone Mills and WestPoint Stevens, and at a host of smaller organizations more than the last 4 years. And bankruptcy specialists say that it is nearly certain to maintain happening, due to the fact shedding pensions – and pensioners’ well being care obligations – is turning into an irresistible way to make a high-risk investment pay off. “
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Answer by Dark Night
I want out of social security altogether.
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