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" ... Little could we have imagined the consequences that would later unfold following Obama’s provident statement just prior to his first election: “We are five days away from fundamentally transforming the United States of America.” He has kept that promise. Not since the disintegration of the Soviet Union has the world witnessed such a transformation, and the consequences for us aren’t pretty. ... "
" ... Social Security is something of an outlier here, but it should be eventually be replaced by a “provident fund” system (basically, a 401(k)—like personal account with mandatory contributions) as is used by Singapore and more than thirty other governments worldwide, and which is now considered best practices by the World Bank. ... "