I watched the State of the Union (Was Dubya smirking again? -Oh boy was he!). And I turned the TV off before Pelosi spoke. But I did hear Mark Shields say that the Democrats were going to cast the Social Security debate in terms of "insurance". Obviously, they want to cause doubts about long term financial security of personal investment accounts.
How to counter this strategy? Well, the President did mention that soon Social Security would be paying out more in benefits than in brought in with premiums. How long would your insurance company last before lapsing into bankruptcy doing that?
But, the Democrats will counter, it's government insured!
Right! By the same people who insured savings & loans!!!