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Pastimes : CNBC -- critique.
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To: Mark Marcellus who wrote (9547)2/1/2002 4:26:04 PM
From: Mark Marcellus  Read Replies (2) of 17683
 
BTW, this why the Bush scheme of allowing people to invest Social Security money in stocks is fallacious. Either don't provide a safety net and don't take people's money at all (which is probably what many conservatives would prefer), or make it a real safety net. If you are going to force retirement savings, with the implied promise that the people will have that money for retirement, letting them do the equivalent of tossing it away at the craps table is political and social lunacy. We all know that when the inevitable happens, and they blow their retirement money, Congress will be expected to bail them out because they were "misled".
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