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Technology Stocks : CMGI What is the latest news on this stock?

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To: AmericanVoter who wrote (11788)7/16/1999 9:56:00 AM
From: PDL  Read Replies (1) of 19700
 
Amein:

Instead, let people "own" their own Social Security accounts and allow them to invest those funds (and employer's contributions) in independent funds that can make such investments and properly diversify risk for a retirement account. SS is the ultimate sham and shell game (or Ponzi-scheme) with Gen-Xers targeted as the primary fall guys.

Think what your cumulative annual social security "tax" deductions (your withholding plus your employers) would be worth today in an S&P Index Fund? What are they worth today under the current system: you don't even know... and since you don't "own" that account, the government can (and probably will) have to reduce "benefits" in the future. What a system!
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