You know you've hit the Big Time...

when Drudge is after you. The Ole unReliable has a feature on the suposed inconsistency of Mr. Edwards in social security $ going to the market.

In a speech on October 6, 1998 in Raleigh, Senator Edwards told a group of senior citizens that Social Security surpluses - money not needed immediately to pay benefits - should be invested and kept separate. A portion of the money, up to 10 percent, could be invested in the stock market and the remainder put in secure investments such as treasury bills, Edwards explained.

On September 27, 1998, Edwards told a gathering at Elon College how a small part of the Social Security fund should be invested in stocks and bonds "to see the kind of returns it would produce."

The inconsistency is that Edwards opposes the option of private social security accounts with an option to invest in the stock market.

Josh Marshall has a much more concise response to this than I'll submit- so go give a read. Very quickly- the point is that Ewards never supported fulll fledged separate accounts in the market. He supported (when the market was strong) the idea of putting surpluses to investments. At the time, it was something about which reasonable people differed on both sides of the aisle. That he might change his ideas on it in the face of market decline is not irresponsible, rather, the opposite.
In any event- GO EDWARDS...you've got the secret police on you now!