QUESTION: Mr. Armstrong, I’m positive you don’t keep in mind me. I labored on Capital Hill once you had been shuffling across the halls pitching to reform the debt and social safety. This interview was too brief, and also you didn’t get to clarify the complete scope of what you had been doing. I feel you must also state your plan to revise Social Safety.
RB
ANSWER: I feel you had been within the workplace subsequent to Invoice Archer. Sure, you might be right. I used to be additionally requested again then to reform Social Safety and remodel it right into a Wealth Fund. That was a part of the debt reform to get rid of debt, which meant they used Social Safety to purchase debt that must finish. I laid out that we might convert to a Wealth Fund, allocating to managers who submitted their observe data solely with not less than a 10-year stay historical past. The Democrats wouldn’t go for it, claiming it was dangerous, and so they needed to reallocate the fund to managers they chose in the event that they received again the Home. The Dow Jones Industrials was 5500 on the time. We might have saved the nation and everybody’s future.
The System will crumble, and other people will probably be robbed of their future all as a result of we have now profession politicians operating the federal government relatively than We the Individuals.
