Punting on Social Security Reform

The nation's longest punt this week wasn't covered on ESPN's SportsCenter.

On Tuesday, the President's Commission to Strengthen Social Security, chaired by newly named AOL Time Warner (AOL Quote) CEO Richard Parsons, a Republican, and former Sen. Daniel Patrick Moynihan, a Democrat, released its report.

Sounding an alarm bell about the nation's safety net -- "the system is not sustainable as currently structured" -- the report offered three potential options to set Social Security back on the road to insolvency. Each involved diverting a portion of Social Security payroll taxes out of government bonds (in which they're now invested) and into private accounts, which could hold stocks and bonds. ...