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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: greenspirit who wrote (19255)	5/20/2000 4:46:00 PM
From: haqihana	Read Replies (1) \| Respond to of 769670

Michael, There is a mind set today, that is akin to the one in the late 1920's. We all know what happened then. Supposedly, the Federal Reserve, FDIC, and other added factors are supposed to prevent such an event occurring again, but who can be sure. If it happens, it will be even messier this time. The buildings are higher and, the windows don't open. ~;=;o --haqi

To: greenspirit who wrote (19255)	5/20/2000 6:43:00 PM
From: chalu2	Read Replies (2) \| Respond to of 769670

The word I think you're looking for is paternalistic. The people on these boards are not your average American. My guess is that we have a group that is, on average, considerably more affluent than the norm. This proposal will not affect them much, no matter what. I know many Average Joes whose finances are so poor (somewhat reflecting their money management skills) that they do not even put in the 3% to the Company's 401(k) plan which the company will match with another 3%!. That's right, they don't take thousands of dollars the company wants to give them every year. At one financial institution of which I have intimate knowledge, 60% do not take the free money. Thousands of dollars! I have no idea of what is going on in Chile. What I see going on here is worrying.