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To: ild who wrote (230304)3/22/2003 9:31:24 PM
From: Knighty Tin  Respond to of 436258
 
ild, One more thing to add to your list: The newly elected Congress, under guidance from the Snow man, will probably pass a law allowing companies to screw their employees out of their fixed-benefit pensions with no risk of lawsuits. If all they have are fixed contributions, the problem is instantly solved for the corporations. What we will then do about 60 million retired citizens sleeping under bridges is another problem. Perhaps we will have a massive govt. program of bridge building. Paid for by a deficit that makes the current record numbers looks small. <g>



To: ild who wrote (230304)3/25/2003 10:01:55 AM
From: ild  Read Replies (1) | Respond to of 436258
 
Global: Pondering Two Worlds in China

Stephen Roach (from Beijing)

morganstanley.com