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The Cato Institute was founded in 1977 by Edward H. Crane. It is a non-profit public policy research foundation headquartered in Washington, D.C and publisher of the Inquiry magazine. On the board of the self-described liberal Cato thinktank are David H. Koch (See Bush,Dorothy) or Peter Ackerman, Managing Director (Rockport Financial Ltd). In 1997 Cato created an interactive Web site on Social Security (www.socialsecurity.org) with a calculator that showed how much better off one would be in a private system. In 2001, President George W. Bush appointed members to the President's Commission to Strengthen Social Security. The commission includes a former Cato vice president and a Cato fellow. Financial Times once described Cato as the "least whorish and most intellectually honest of Washington's think tanks." http://www.cato.org