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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: jttmab who wrote (43802)5/1/2005 2:23:31 PM
From: geode00  Read Replies (1) of 173976
 
If you put your 'privatized' money into treasuries, you can now pay the administrative costs ($2 TRILLION) for the rest of eternity.

So, under Bush's plan the following applies:

- Say 100% of the people opt for treasuries given the flat stock market (do you believe we're in a 20 year bear?)
- Government cuts benefits up to 40% (I've heard 75% as well)
- Government gets into debt for $2 Trillion to do what it already does without the $2 Trillion.
- SS becomes a 'welfare' program
- Middle and Upper Middle income people increase their retirement risk
- US increases debt by 25%. Wall Street can't find enough places to put all that extra commission and fee money so they send it overseas.

Can ANY REPUBLICAN DO THE MATH?
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