On Fri, 11 Mar 2005 12:48:19 -0500, Dave Hall wrote:

On Fri, 11 Mar 2005 10:31:50 -0500, DSK wrote:



How about what other countries have to say? If you follow any foreign
news sources at all... really easy nowadays... you can get first hand
reports about the impact of Bush/Cheney foreign policies.

Who cares what they say? They form their opinions on equally biased
propaganda. When we succeed it makes them look worse. They have a
vested interest in seeing us fail, thus justifying their envy-based
hatred of our consumer-oriented society.



Social Security? Why? If they wanted a *conservative* approach to SS
reform, they'd reduce taxes and then reduce SS benefits to be fully
supportable by future taxes. If they want to encourage people saving for
their own future (a laudable goal) they could reduce taxes for the
middle class and increase 401(k) deductible.

If you would bother to read Bush's plan, you would find that you've
described essentially what he wants to do. People over 55 would be
unaffected by the plan, so nothing changes. Younger people will be
given the OPTION to divert some of their SS taxes to private INTEREST
bearing accounts,(similar to a 401K) which should grow at a much
greater rate than current SS does. When those people reach retirement
age, they get less from SS, but they will more than make up for it by
the proceeds of the equivalent 401K account.

But no... that would be too
simple and would not increase campaign fund contributions in the form of
kickbacks from favored Wall St firms...

That is liberal propaganda, aimed at swaying support away from the
proposal. What "kick backs" are there to a 401K account?

I'd rather see my money working for me instead of sitting in a S.S.
fund that might be eliminated at the stroke of a pen by the time I
retire. That's why I laugh when democrats bandy the word "guaranteed"
fund when they refer to S.S.. There are no guarantees when it comes to
government policies. They re all subject to change. At least if you
have some of your money in a private account, YOU control it, not the
government.

Dave



I think DSK is believing some of the propaganda being tossed about. Lots of lies
out there.
--
John H

"All decisions are the result of binary thinking."