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Politics : Actual left/right wing discussion

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To: Lane3 who wrote (119)9/6/2006 2:49:51 PM
From: cirrus  Read Replies (1) of 10087
 
So, in tune with privatizing social security and directing billions into private investment plans we will somehow eliminate business failures AND engineer a regulatory system that would adequately safeguard private accounts? I don't think so. The investment community is usually one step ahead of the regulators...

That's not a failure of privatization but a failure mainly of a particular corporation and, secondarily, a failure of corporate pension plan regulation.
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