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

To: Kenneth E. Phillipps who wrote (351199)	1/31/2003 3:51:25 PM
From: George Coyne	Respond to of 769670

Ok, but that's not how you come across.

To: Kenneth E. Phillipps who wrote (351199)	1/31/2003 3:56:55 PM
From: sea_biscuit	Respond to of 769670

People should read Bill Wolman's "The Great 401(K) Hoax" to understand what's been going on with pension funds, privatization, 401(k)'s and so on. Btw, Wolman is no supporter of former President Clinton. He says Clinton allowed the markets to spiral upward because that is about the only thing that he had going for him in the impeachment years and thereafter. But the Republicans get no praise either since they allowed the mania to go on (while taking credit for themselves) and fueled the mania to greater heights.

To: Kenneth E. Phillipps who wrote (351199)	1/31/2003 4:09:51 PM
From: miraje	Read Replies (1) \| Respond to of 769670

It's a matter of alerting the boomers to the very real danger which awaits them. Actually, it's not the boomers who will be suffering in the future (and I'm one of them), it's the younger generation who is going to be getting even more thoroughly screwed by the SS ponzi scheme. Fewer and fewer will be burdened with paying ever increasing amounts to more and more aging boomers who will be living longer and longer (and collecting SS the whole time). It's called basic demographics, FYI. And trying to pin the inevitable collapse on Bush is disingenuous if you really know better or a display of stupidity if you don't. And it's not only gens X, Y and Z who will get the financial shaft, it's also the poor and minorities who, right now, are being cheated the most (something that the hypocritical bleeding hearts ignore). They pay disproportionately more into the system and tend to die at a younger age, thereby not receiving the full benefits that they payed in, or being able to pass any on to their offspring. If the young, poor, and minority members of society could see past the demogoguery and scare tactics of the statist left, they'd demand reform and privatization of the system.