“The problem with Socialism is that eventually you run out of other people’s money.”
- Margaret Thatcher

If you have followed the U.S. Social Security saga over the last several years, you know it is projected to run out of money soon. As it turns out “soon” just may be much sooner than previously expected. To make matters worse, it has been “broke” for some time, but through creative accounting that would land a private-sector CFO in jail, the government has been able to keep the appearance of solvency.

Read more…