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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (207714)10/20/2004 10:44:16 AM
From: Road Walker  Read Replies (4) of 1574004
 
re: There would be reasonable restrictions on the account. Something along the lines of a self-directed IRA.

And self directed IRA's can lose a lot of money, as you well know. There are many, many issues that need to be resolved, and if the program wasn't set up right, it could be a nightmare. Remember, it's involuntary.

And you didn't answer this part:

Frankly, I agree with the goal of shifting part of SS payments to involuntary retirement accounts. But you can't get there from here. If we still had the Clinton era surplus, we might be able to pull it off.

When did "conservatives" get so casual about spending money that we don't have?

John
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