He named three domestic priorities for Republicans: "transforming health," a new focus on improving high schools and the creation of personal accounts in Social Security.

The creation of such accounts would fundamentally change the nature of Social Security.

So may the creation of privately held accounts to supplement Social Security, if only to make higher, mandatory savings more palatable to Americans.

Instead, it would devote 80 percent of any government surplus to the creation of individual accounts.

Normally an account manager looks after existing customers (called "farming") and leaves the creation of new accounts to the sales team (called "hunting").

Ask yourself: Who would benefit directly from the creation of "personal accounts" under Social Security?

A new account gives a user access to parts of a computer network, and the creation of accounts is carefully monitored by companies like Microsoft.

The answer to this problem is the creation of, you guessed it, private accounts, which have now superseded tax cuts as the answer to all problems.

The tax led in the 1880s and 1890s to the creation and adoption of checking accounts.

The Democratic platform declares that the party opposes the creation of private accounts that are "subject to the whims of the market or the economy."