McCain turns Turncoat on Social Security Reform?

CNN Money reports that John McCain has gone soft on Social Security reform:

Unlike his Democratic rivals, McCain has expressed support for individual investment accounts as a way to augment Social Security benefits. But his campaign has indicated he no longer favors diverting payroll taxes from Social Security to fund those accounts - a centerpiece of President Bush's Social Security reform proposal.

It can't be true, can it? Perhaps just a smear?

For the moment, let me go on the assumption that it is utterly, sadly, true. If you're not diverting workers' funds from a failing Social Security system back to the workers themselves, are you going to come up with a new flavor of IRA, similar to what has been proposed by both Obama and Clinton? If people could afford to put money into a new flavor of IRA, they would put money in one of the existing flavors of IRA, or their 401(k).

So I guess it's official: there is no damn reason to vote for John McCain.