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Re: [RT] One dummy down, more to go....



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Exactly!
<BLOCKQUOTE 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  ira 

  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Saturday, November 09, 2002 10:20 
  AM
  Subject: Re: [RT] One dummy down, more to 
  go....
  The stock market is no place for social security 
  investment.   What wouldhave happened to the pool the last 3 
  years?  How do you think those onsocial security would like a 30% cut 
  in there income.  Many would be livingunder bridges right now.  
  If you were 70 to 75, no social security, dependedupon your assets to live 
  on, how much of your assets would you have in themarket?  Consider 
  that the majority of the investment geniuses are losingmoney and have been 
  in any market except a one way up market.   Who wouldthey get to 
  run it?  Some idiot from academia, an economist or someone witha lot 
  of letters after their name.  Then they would proceed to lose 
  theequity and blame everyone and everything but themselves.  There 
  are 800 +/-in this group and  I would be willing to bet that there is 
  less then 20%that can consistently make money and the rest are trying to 
  glean a way todo it.In the financial statements of the big 
  brokerage firms.  I don't believethat any of them made anything in 
  their trading accounts.  Look at the firmsthat do billions of dollars 
  worth of business in their own arena and theirinvestment accounts are all 
  suffering.The first thing that the government would do is what they 
  did with IRAs andretirement accounts and say that you can't own puts, you 
  can't short, youcan't do anything that would allow anyone to think that 
  stocks could go downand hedge against it.  You are a traitor and 
  un-American if you bet againstthe stock markets rise.  Sorry didn't 
  mean to get carried away, but I havenever seen anything that the 
  government does end up with a benefit for thepeople it is supposed to 
  govern.   Look at the congresses retirement packageand look at 
  ours.  Look at who benefits from  most of the legislation.  
  Thelobbyists with the most money to wave around get their clients the laws 
  thatbenefit them.  If Merrill or Goldman lobbied hard enough, who do 
  you thinkwould end up managing Social Security?  Not with my 
  money.----- Original Message -----From: "dom1_1998" <<A 
  href="mailto:dominick@xxxxxxx";>dominick@xxxxxxx>To: <<A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>Sent: 
  Friday, November 08, 2002 7:43 PMSubject: Re: [RT] One dummy down, more to 
  go....> 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 <A 
  href="mailto:realtraders@x";>realtraders@x..., "ira" <<A 
  href="mailto:mr.ira@x";>mr.ira@x...> 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@x...>> > 
  To: <realtraders@x...>> > 
  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" <<A 
  href="mailto:jejohn@x";>jejohn@x...>> > > To: "M. Simms" 
  <prosys@x...>> > > Cc: <<A 
  href="mailto:realtraders@x";>realtraders@x...>> > > 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:> > > <A 
  href="mailto:realtraders-unsubscribe@x";>realtraders-unsubscribe@x...> 
  > >> > >> > >> > > Your use of 
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