Like the United States, Australia has been confronted by a dual crisis in its government-run old-age pension system. Benefits payments to an aging population threatened to consume ever larger amounts of Australia's budget according to projections in the 1980s, yet the Australian Social Security system clearly was unable to provide an adequate income for retirees.
john: wait a minute, it s a good thing, oil. to have black goo like jed clampett shooting at the ground. it s a phrase, it s negative and ugly and could be talking about exploring for energy, means the exactly the same thing? explore for energy, explore for energy, it s not as catchy. can t use it as a cheer, explore for energy, it doesn t roll off the tongue sometimes you don t do things for cheers, you do them because they re right. john: where did libertarians go wrong. that s easy, privatizing social security. if you privatize it, you re thinking wall street, financial executives. what they should be talking about is personalizing it. that means i personal savings account. correct. that s the right way to do it. john: ron paul talks about liberty. and he should be be talking about freedom. john: what s the difference. liberty is an ideology for most americans, freedom is day-to-day existence.