"Maxprop" wrote
.... It's time that Americans can manage their own funds for retirement.

Huh?

Is somebody preventing you from saving your own money and investing it
as you see fit?

It's not a matter of right and wrong, it's a matter of arithmetic. I pay
both side of SS because I'm self-employed. If I could have self-invested
even one-half of the money I've ****ed into SS, I'd have been able to
retire five years ago.

Well, there's where you make your mistake. You haven't "****ed" any
money into Social Security and it's not an investment plan. Your SS
payments have already been handed out to beneficiaries.



Vito wrote:
I would have agreed four years ago when the Dow was pushing 15K and we were
planning to use a growing surplus to pay down the debt. The value of my
private investments were growing so fast I expected to have retired by now.

Yep... and that's when it would have been most disastrous to take
everything out of Social Security and put into private investment trusts.

Let's see now, take a few tens of billions and hand it over to
investment managers carefully selected by Bush & Cheney, at a time when
the stock market has ballooned tremendously and anybody with half a lick
of sense can see it's headed for a big fall. The question is when...
then comes not only the crash but the discovery that the selected
investment trust managers have pulled a Kenny-boy Lay type
kleptocorporate maneuver.

It never occurred to me that Republicans - and I'd voted GOP all my life -
could bungle BOTH the economy and foreign relations so badly.

You don't remember Nixon, do you?

... Now, with the
Dow under 10, the surplus gone and deficite skyrocketing, our country in
another Vietnam quagmire and the world facing a war of terrorism ....

Yep the house is on fire and the kids are still sitting there playing
with matches.

DSK