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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Like Nixon to China, It Takes a Democrat to Put the First Knife in Social Security | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="7LqF5JDVv3"&gt;&lt;a href="https://www.nakedcapitalism.com/2013/04/like-nixon-to-china-it-takes-a-democrat-to-put-the-first-knife-in-social-security.html"&gt;Like Nixon to China, It Takes a Democrat to Put the First Knife in Social Security&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2013/04/like-nixon-to-china-it-takes-a-democrat-to-put-the-first-knife-in-social-security.html/embed#?secret=7LqF5JDVv3" width="600" height="338" title="&#x201C;Like Nixon to China, It Takes a Democrat to Put the First Knife in Social Security&#x201D; &#x2014; naked capitalism" data-secret="7LqF5JDVv3" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>By Gaius Publius. Cross posted from AmericaBlog  Bottom line first, since this is turning long. For the owners of the country (and their paid national managers), the real emergency associated with Social Security isn't the day the last dollar will leave the Trust Fund. It's the day the first dollar will leave. That's a whole different problem, and a whole different timeline, for them.  How did I come to that conclusion? Read on.</description></oembed>

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