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Politics : PRESIDENT GEORGE W. BUSH

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To: ManyMoose who wrote (143046)5/6/2001 1:33:30 PM
From: haqihana  Read Replies (2) of 769670
 
Dave,

Correct me if I'm wrong, but as I read it, there never was any intention of investing the SS fund in the stock market. The proposition was that individuals could take up to 2% of their FICA deduction, and invest it wherever they wanted to, and only IF they wanted to. If they wanted to retain the assumed safety of the present SS system, they could opt for that. IOW, it is completely voluntary, and is on an individual case basis.

I fail to see what the demo/libs are complaining about unless it is that they won't get a chance to spend the 2% considered, on some of their "give away" programs, AKA flushing the money down the drain.

~;=;o --haqi
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