Threshold

In a typically breathless, front page story about the latest Social Security crisis, the New York Times hands Alan Greenspan the mic -- of course, readers may be surprised to learn that Alan Greenspan thinks the situation is dire because of the dire economic times we are experiencing. Dire economic times Alan Greenspan went a long way in helping to create.

But it's always "time to cut the benefits" for Greenspan, despite the fact that Social Security owns $2.5 trillion in federal bonds. For the Times, though, that's "an accounting trick."