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Politics : PRESIDENT GEORGE W. BUSH

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To: E. T. who wrote (220269)1/20/2002 11:25:18 AM
From: greenspirit  Read Replies (3) of 769670
 
I once met a person who didn't understand when you wrote a check, money came out of your bank account. In other words, she repeatedly bounced check after check until she realized checks were not actually money.

Shall we only allow 20 checks given out at a time because of someone like her?

The same is true of people who got burned by investing in one stock 'Enron'. CEO's, the President, the government or anyone else cannot protect against ignorance. You learn from making mistakes. The good which may come out of this Enron episode is people will be more aware of their level of diversification and act accordingly.

I reject the assumption that most people are ignorant and cannot handle their retirement money. We shouldn't dumb down the nation by making policies aligned to the least common denominator among us.

Message 16936273
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