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Politics : Formerly About Advanced Micro Devices

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From: SilentZ	1/8/2005 1:32:53 PM
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One of the stupidest statements I've ever read: Let Congress Lead by David Brooks nytimes.com Second, it will be hard to get Democratic votes for a bill that includes personal accounts. Democrats oppose them for the same reason that Republicans support them: because they think the accounts will create Republicans. People who have them will start thinking like investors WHAT? How many people do you know that have retirement accounts like 401Ks and SEP-IRAs that have seriously begun "thinking like investors?" A few, but not many. I have a bit of investment experience and I rarely monitor or manipulate my retirement account, and most others I know that have a similar account just know that the amount in their account goes up and down, and have no idea why. What's so special about Social Security accounts that would suddenly make people aware of the markets? Besides, investment "experts" tend not to really beat the market, on average... why is the average person going to be able to do better? With every article, David Brooks loses more of the little respect that I have for him. Maybe he should quit writing while he's ahead. -Z

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