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 : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Rascal who wrote (45116)	9/18/2002 12:22:42 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 281500

OT:Note to self: Remember we don't call it Privatization anymore it's just having your own "account". Another good Marketing tactic since if SS were privatized everybody's "account" would be in the toilet with their 401K. Note to myself.. I would rather have the right to invest 2-3% of my FICA taxes in a personal 401K (Roth IRA) earning 3-4% CD rates than to give it to the government so they can place it in 10-20 year treasury GOVERNMENT DEBT instruments that my descendants have to pay for through higher tax rates. Fully 1/2 of the US public debt consists of SS trust fund obligations in the form of T-Bill "IOUs" which our kids will have to pay off. Anything that promotes private savings and decreases the expectation that government SS is a "pension plan" is alright by me. SS should remain a social safety net for those who need it, not an entitlement for everyone, rich and/or poor. Hawk

To: Rascal who wrote (45116)	9/18/2002 1:15:07 PM
From: Rollcast...	Read Replies (1) \| Respond to of 281500

Yes, yes - all those lies about Iraq's WMD programs and repeated violation of UNSC resolutions appear to be working. "Remember we don't call it Privatization anymore it's just having your own "account". Another good Marketing tactic since if SS were privatized everybody's "account" would be in the toilet with their 401K." And if everyone had a percentage (as contributed) of their "own account" dollar cost averaged in the Dow since the inception of SS? Apparently, Rove isn't the only one using "good Marketing" tactics.... The McCauliffe/Carville axis seem to have some expertise as well... the "privatization" propaganda seems to be going over well with you. Or is it just that having a say in where a portion of one's OWN money is invested falls under the "civil liberties not allowed" section of the DNC rulebook? Comes right after school choice, right?