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

To: willcousa who wrote (130651)3/7/2001 10:40:49 AM
From: JDN  Read Replies (3) | Respond to of 769670
 
Dear Willcousa: I suspect that the privatization of SS to some extent will still result in some type of guaranteed minimum payout upon retirement. Thus, I would imagin the stocks and bonds which will be available will be preselected by some method. For instance, a simple solution would be anything rated by Moody's or Standard and Poors as investment grade. I would think ANYTHING selected from such a Universe and somewhat diversified could EASILY far surpass the lousy returns current SS holders are getting. Thus the minimum guarantee probably wouldnt result in any cost to the Govt, just a form of handholding. JDN



To: willcousa who wrote (130651)3/7/2001 2:43:49 PM
From: Lazarus_Long  Respond to of 769670
 
Sounds good to me. The framework is already in place for such a solution.


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