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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%Nov 19 3:59 PM EST

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To: Robert Douglas who wrote (71664)1/20/1999 3:00:00 PM
From: Burt Masnick  Read Replies (1) of 186894
 
I believe that the detailed proposal will be to invest the money in INDEX funds that mimic the DOW, the S&P 500 and the Russell 2000 and other indices. While one could argue about the percentage of available funds that would go into each index, that is a far cry from the government picking winners and other fears. There may or may not be flaws with Social Security funds invested in markets (by the way a strong Republican theme over the years, recently co-opted by Clinton) but using indices as proxies for mutual fund or stock picks pretty much excludes the argument that the government will pick or favor individual companies or industries.
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