To: mugs99
They will institute a 'private' investment program that will end up costing us tax payers more than the present corrupt system. We have not seen the details of the plan, but if like a 401 K, the plan will have low investment management fees and several choices of investment from "total stock market" to "total treasuries". I realize the govt may have to be draged away kicking and screeming when they see that they can't fondle the money anymore, but we should insist on this. (I also see where you are coming from, govt never saw a program that they could not mess up via their participation.)
153 posted on
05/25/2005 4:13:30 PM PDT by
KC_for_Freedom
(Sailing the highways of America, and loving it.)
To: KC_for_Freedom
If the idea behind Bush's plan is for the individual contributors to be contributing toward their own retirements and not toward someone else's, then there's absolutely no reason for the government to be involved at all. I would wager that many people would prefer to be completely in charge of their money rather than have the government tell them how to manage it. Who wouldn't?
155 posted on
05/25/2005 4:32:34 PM PDT by
inquest
(FTAA delenda est)
To: KC_for_Freedom
I realize the govt may have to be draged away kicking and screeming when they see that they can't fondle the money anymore, but we should insist on this
They pay no attention to the few who will insist. Their propaganda will convince the sheeple that government knows best. I cannot think of one government promise that has been kept in my lifetime. They are addicted to the grand fondle and will not give it up. Let the SS scam go bust and deal with the aftermath when it happens.
...
168 posted on
05/25/2005 7:34:23 PM PDT by
mugs99
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