Dave Hall wrote:

On Fri, 18 Mar 2005 21:28:37 GMT, "Jim," wrote:


Dave Hall wrote:


On Fri, 18 Mar 2005 07:29:53 -0500, HarryKrause
wrote:



Dave Hall wrote:


On Thu, 17 Mar 2005 13:43:22 -0500, DSK wrote:




Jeff Rigby wrote:



LETS GET REAL HERE!! The real reason the Democrats are against ANY plan
for PRIVATE savings is because THEY CAN"T SPEND that money.

This is "getting real"?


It is if you're not politically blind to the motives of those most
opposed to private saving accounts.


No one is stopping you from setting up a private savings account, and I
don't know anyone who opposes private savings accounts.


I agree. I think I should be able to divert all of my SS withholding
into my 401K. I'll earn much more that way.

Dave



OK divert everything -- now go find an insurance policy that will pay
you if you're disabled, pay your wife and kids if you die, be indexed to
inflation -- what do you think that would co$t you additionall


I already have a company paid policy that covers much of that. Any
additional coverage that I might need, based on my age and health will
not be all that bad. Certainly less than the interest I'll be getting
from the 401K over what I'd get from SS.

Dave

And should you get hurt, and no longer be able to work, you will have no
company plan -- should the company go out of business, or simply fall on
hard times you will have a diminished or NO company plan. *It's
happening today* read the newspaper. And let's see you find a policy
as stated above for the price of SS.