Tax Reform = Social Security Reform

Dow SS Reform 1996

QUESTION: Mr. Armstrong, I’m sure you do not remember me. I worked on Capital Hill when you were shuffling around the halls pitching to reform the debt and social security. This interview was too short, and you did not get to explain the full scope of what you were doing. I think you should also state your plan to revise Social Security.

RB

ANSWER: I think you were in the office next to Bill Archer. Yes, you are correct. I was also asked back then to reform Social Security and transform it into a Wealth Fund. That was part of the debt reform to eliminate debt, which meant they used Social Security to buy debt that would have to end. I laid out that we would convert to a Wealth Fund, allocating to managers who submitted their track records only with at least a 10-year live history. The Democrats would not go for it, claiming it was risky, and they wanted to reallocate the fund to managers they selected if they won back the House. The Dow Jones Industrials was 5500 at the time. We would have saved the country and everyone’s future.

The System will crumble, and people will be robbed of their future all because we have career politicians running the government rather than We the People. We NEED a Direct Democracy. I will dive into that at the WEC.

Latest Posts

Market Talk – December 20, 2024

Merry Christmas and Happy New Year! Market Talk will be postponed until we embark on the new year. ASIA: The major Asian stock markets had a negative day today: • [...]
Read more

Newsom Declares State of Emergency

Gavin Newsom has declared a state of emergency over the bird flu. Of the 34 reported cases, 33 were working directly in farms. There is no grave danger to the [...]
Read more