First of all, I am not in favor of President Bush's idea of "personal accounts" for anyone, young or old. But not for the same reasons as the democrats. I think it puts an unnecessary and huge burden on every employer in the country in the form of pure paperwork and bookkeeping that we will all end up paying for in higher prices to defray the costs of reporting each employee separately and allowing them to change options at will. It just doesn't make sense and is not the way either the Social Security Administration or the large pension houses in this country operate. It may work well for the bureaucrats, with their Trust Savings Account, but the private sector doesn't sit around with time on its hands and nothing better to do than unnecessary bookkeeping.

The Democrats, on the other hand, are against it simply because they want to keep stealing our "surplus" entitlement payments, spending that extra money wherever they please, while raising the national debt and providing us with double taxation under the "Pay-It-Again, Sam" plan. Double taxation, plus interest, that American workers and their kids will be paying off in the future.

In this letter, the Democrats are showing their true colors as the "tax and spend" party. The party that robs the hordes of people who support them because, for some crazy reason, these people are deluded into believing that the democrats are trying to help them while the republicans are supporting the rich.

The main point, the huge lie, that the democrats try to drive across in this letter is that reform, and particularly the "personal account" idea of investing in the stock market, is not dealing with surpluses at all. That, instead, it's dealing with payroll taxes both Social Security and Medicare use to provide their basic function. Funds that have always been, and always will be, sufficient to meet all of their commitments to the retired and disabled. Funds they say are now somehow in danger. First they gave us the baby boomer hoax. Now this.

Social Security's profit last year, the extra money it took in over and above what was needed to meet all of its committments, was $94.4 billion. That's the kind of money the democrats want to keep.

You might also want to remember that, in its darkest hour, during the Great Depression of the Thirties, the stock market returned a minimum of three percent to investors. How does that compare with being riddled with debt in return for the extra funds we give the Beltway Bandits?

With that said, let's turn to the letter itself: