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Exactly!
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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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href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
> >> > >>>> To unsubscribe from this
group, send an email to:> <A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxx>>>>
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