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Hi Ira:
Privatization of Social Security does not have to be a disaster.
Limits to what one can invest in and percentages can be in place to
protect the investor.
For ex:
- Limit of 30% of SS for investing.
-Investment products are limited to CD's,Treasuries, Spy, QQQ and DIA.
-up to 100% in Treasurys and CD's
-up to 25% in any of the other products.
No mutual funds or brokers are favored, no money managers and no AMTRAK.
Dominick
--- In realtraders@xxxx, "ira" <mr.ira@xxxx> wrote:
> Privatizing Social Security would be a disaster. I don't want some
slick
> Enron or Anderson type exec. handling anything I could depend on. The
> government is bad, but most privately run agencies are a disaster. With
> luck Social Security could be lucky like Amtrac
> ----- Original Message -----
> From: "Kent Rollins" <kentr@xxxx>
> To: <realtraders@xxxx>
> Sent: Friday, November 08, 2002 5:43 PM
> Subject: Re: Re[2]: [RT] One dummy down, more to go....
>
>
> > Exactly what is so bad about W's economic team? I would like to
hear some
> > specifics from Simms and Johnson. Specifics.
> >
> > They got a massive tax cut though a Democratic Senate and they are
working
> > to make them permanent and enact some more. They are working to
privatize
> > Socialist Security. They are working to expand free trade.
> >
> > Those are positives. What are the negatives?
> >
> > Kent
> >
> >
> > ----- Original Message -----
> > From: "Jim Johnson" <jejohn@xxxx>
> > To: "M. Simms" <prosys@xxxx>
> > Cc: <realtraders@xxxx>
> > Sent: Friday, November 08, 2002 8:29 PM
> > Subject: Re[2]: [RT] One dummy down, more to go....
> >
> >
> > Hello M.,
> >
> > I do agree with you that W's domestic team, esp the econ team, is weak
> > and ineffectual. I hope he cleans house for the good of the US and his
> > administration. But your assessment of there pressure on W is wishful
> > thinking. He is bullet proof for longer than 6 months. The Pitt
> > resignation would have had more political advantage for Bush had it
> > been done the <day before> the election. It would have shown W to be
> > concerned about corp corruption and all that blather the libs spout.
> >
> > In my opinion W is perfectly situated for re-election. Market has
> > declined in first two years, rates get slashed. year 3 of election
> > cycle clicks in soon, maybe already. market rallies into Nov, 04.
> > Dem's will put Pelosi in as minority leader. she will embarrass the
> > Dem's every day. Gray Davis will be a persona non grata by Nov, 04
> > and W will attempt to retake California. Dem's are already switching
> > parties in the Georgia house. This looks to me like a replay of
> > Reagan's reign--tax cuts, economy pops, deficit that doesn't really
> > matter
> >
> > W's vulnerability is that the economy is so broken it won't respond
> > normally or there's another terror incident that can be traced to
> > missteps of his administration.
> >
> > that's my wishful thinking :)
> >
> >
> > Best regards,
> > Jim Johnson mailto:jejohn@x...
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
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