On Fri, 25 Mar 2005 11:44:55 -0500, DSK wrote:

And don't forget fact #6- Social Security does not change the basic
reality that saving & investing your own money wisely is the best means
to providing a secure future for your family. President Bush's plan
doesn't change that either, nor does it encourage it much.



John H wrote:
Ahh, finally. A comment that makes some sense.

The problem with those in the lower end of the income spectrum is that they
don't have the extra money to save and invest wisely.

Speak for yourself.

Except for the very lowest rungs of the economic ladder, it is fully
possible to save & invest.

And for those who can't?


It does require the self discipline to live within (or even below) one's
means. Solid investment advice is available for free at the nearest
public library... again, though, that requires self-discipline.

Self discipline and sufficient income. Yes, for those with extra money to
invest, advice is everywhere. That's not the issue.

I see that you mix your "conservatism" with socialism, not having the
guts to drink it straight. Or to put it another way, you are only
willing to apply your moral principles when it's convenient.

That paragraph makes little sense, other than as some sort of put down.

Giving them a choice of where their SS money goes allows them the option of
saving and investing wisely.

So, you don't believe that people currently have a choice with their
money? Is this a capitalist country, or what?

People currently have no choice as to the investment of their SS money.

DSK

--
John H

"All decisions are the result of binary thinking."