|
PureBytes Links
Trading Reference Links
|
They already invest it all! They spend it and then sell bonds to pay the
retirees... .. so, the fund is just numbers on paper while your money is
used to run the country. (And bears no interest to the payees). If some
politician really gives a damn about social security, let him get it back
out of the general fund, hell, .. get it funded at all and get every social
program off the back of the fund with the exception of what it was intended
for, 'retirement'.
Bob
At 03:43 AM 11/9/2002 +0000, you wrote:
>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/
> > >
> > >
>
>
>To unsubscribe from this group, send an email to:
>realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
>Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|