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Social Security 101: Arming for Battle

…we can address the real world problems. Discussion of Social Security should but mostly doesn’t start with the annual Reports of the Trustees. Each year since 1941 the Trustees have…

Reads of the Day for the start of 2009

…“mortgage modification” program (i.e., reducing the principal on your loan to not more than 90% of the current market value) is an onerous task: He was hoping he could qualify…

Shiela C. Bair Tries to Save the World–Again

…not allow principal reduction, for sure, but they almost never disallow interest rate reduction — or delaying principal payments for a short time. What’s more, Mr. Krimminger said, the servicer…

Soc Sec XLI: Why not assume Low Cost?

…found under the fold, yours I guess will just have to come in comments. The answer begins with examination of three tables in the Social Security report: Table V.A1: Principal