Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: chalu2 who wrote (19271)	5/20/2000 9:49:00 PM
From: greenspirit	Read Replies (1) \| Respond to of 769670

I still fail to see the logic in your position that allowing people to place a mere 2% of their social security into private investments, somehow threatens their financial situation. It's far more likely to enhance their financial health and awareness then to destroy it. Even in a worse case scenario, would they really be that much worse off? Allow me to build a scenario to illustrate my point. Let's say someone completely blows the 2% not given to the government. What do you forsee the differential between a person who loses the 2% and a person who decides not to participate would be? In other words, a person hasn't lost ALL of his social security. He merely loses that 2% potential investment. That 2% less invested when compared to MOST of the retires receiving social security today, still represents a MUCH larger percentage of invested dollars. Therefore, all we have really done is lessoned the amount of life energy transferred from the younger generation to the older generation. And gone back to something closer to what the older generation had withdrawn from their paycheck. Michael

To: chalu2 who wrote (19271)	5/21/2000 11:39:00 AM
From: greenspirit	Read Replies (1) \| Respond to of 769670

By the way Chalu2, the word I was looking for was contemptuous look down upon; hold cheap, hold in contempt, hold in disrespect; think nothing of, think small beer of; make light of; underestimate [more]; esteem slightly, esteem of small or no account; take no account of, care nothing for; set no store by; not care a straw, sneeze at (unimportance) [more]; set at naught, laugh in one's sleeve, laugh up one's sleeve, snap one;s fingers at, shrug one's shoulders, turn up one's nose at, pooh-pooh, "damn with faint praise" [Pope]; whistle at, sneer at; curl up one's lip, toss the head, traiter de haut enbas; laught at (be disrespectful) [more]. point the finger of scorn, hold up to scorn, laugh to scorn; scout, hoot, flout, hiss, scoff at. turn one's back upon, turn a cold shoulder upon; tread upon, trample upon, trample under foot; spurn, kick; fling to the winds (repudiate) [more]; send away with a flea in the ear.