Tuesday, March 08, 2005

Call It a Lockbox

Now here's a great idea. Hijack a term from Algore but -- and here's the twist -- use it correctly!
It’s obvious when you think about it. When your payroll tax dollars go into your own personal account — which you can invest in private markets, and in which you have heritable property rights — that account is a lockbox. Government can’t spend the money in there, because it’s yours, and you’ve invested it.


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