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To: reaper who wrote (50902)	8/21/2002 3:32:55 PM
From: Gut Trader	Read Replies (1) \| Respond to of 209892

<<barring a plague or something that wipes out everyone over 65>> Trust no one GT@X_Files.com

To: reaper who wrote (50902)	8/21/2002 7:09:10 PM
From: NOW	Respond to of 209892

Well, wait a minute: by wiping out the stock portfolios, they will guarntee no one will be able to afford to retire and collect social security.

To: reaper who wrote (50902)	8/21/2002 9:45:03 PM
From: Dennis O'Bell	Read Replies (1) \| Respond to of 209892

Over-hanging the US is the damoclean sword of the (unfunded) US pension system, otherwise known as social security. Well, if anyone thinks it's bad here, consider Socialist Europe. For starters, there's France with its malthusian fantasy called "trente-cinq heures" (35 hour work week) that'll ensure that everyone in the country will retire comfortably by age 55 (or much sooner if they belong to one of the powerful trade unions that run things in reality...) Personally, after having lived and worked overseas, I think the economic system is still generally more transparent here in the US than elsewhere (and I'm referring to other Western cultures, never mind most of the world.) That wealthy or even moderately well off Americans are not generally clients of the many Swiss or offshore banks already speaks volumes. These banks owe their livelihood to confiscatory fiscal regimes in socialist countries, and tinpot dictators around the world.