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Politics : Al Gore vs George Bush: the moderate's perspective -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (1369)	10/5/2000 11:24:39 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 10042

Stephen.. Thanks for the answer... But let me ask you something... Federal workers have the ability to select and choose what form of investment they desire in the Thrift Savings Plan (TSP). The C fund is the S&P500, the F fund is govt and commercial bonds, and the G fund is strictly T-bills. Now considering that the rate of interest on T-bills alone equates to 6 1/2%, would they not STILL be able to TREBLE the average rate of return they receive from mere Social Security? Why is the govt considered to be a better "trustee" of those funds when they are only able to derive a 2% return? Btw, where does the govt put the SS surplus? In a cash account?

To: puborectalis who wrote (1369)	10/5/2000 11:50:42 PM
From: cosmicforce	Respond to of 10042

I'm inclined to agree. As soon as everyone is in, the Bear is here (which would definitely be the case when your average working guy is "forced" in). Add the government to the equation, and you will have the S&L debacle of retirement. Lot's of false indignation, outrage, and excuses. But the losses will be real.