Yahoo! News - Greenspan Sounds Alert on Social Security
As he did first in February, during testimony before Congress, and several times since, Greenspan issued his warning that the White House and Congress need to come up quickly with a plan to trim the Social Security and Medicare benefits that 77 million baby boomers are scheduled to receive when they retire.

He said haste is critical. There is no way benefits currently promised can be financed by government, he said, and Americans born in the 20 years after World War II need to be put on notice so they can start putting away extra retirement savings during their working years.

Even under the most optimistic economic assumptions of growth and productivity, government resources will be inadequate to provide the baby boom generation with the level of benefits their parents got, he said.

Don't worry Alan. If we re-select George, he'll have the seniors eating out of garbage cans in no time.