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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%3:59 PM EST

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To: Tom Chwojko-Frank who wrote (103407)5/15/2000 10:05:00 AM
From: willcousa  Read Replies (1) of 186894
 
You don't have to be as careful when experimenting with a lousy safety net as with a good one. The system will go broke and we will not be able to tax enough to prevent it. I strongly believe that to be so. And the tragedy is that we have known it since before the system was enacted. Almost everything done for the greater good has downsides. I know I am being extreme here but you are almost saying that we should not have cars if someone is going to get hurt. Before airplanes it was much more rare that things would fall out of the sky on you. The potential good, a stronger system, broader and better investment skills withing the general population, more general appreciation of the need for strong democracy for shareholders, more knowlegable public opinion on economic issues, ad nauseum. These are things I hope for out of a privatized system. And we have the benefit of IRA's and 401k's to show us the structure and feasibility.
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