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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (25023)	11/4/2004 10:21:07 PM
From: Skywatcher	Respond to of 306849

wall street republicans can't get their hands on them.... so they are salivating at "privatizing social security" Fresh capital is like FRESH MEAT to the VULTURES CC

To: Mike Johnston who wrote (25023)	11/4/2004 10:31:19 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

RE:"Why not just make all savings accounts tax free?" They already did...they don't pay enough to have to pay much tax. You can get $500k tax free out of a house every two years. Why save? In reality the tax code needs a major overhaul.

To: Mike Johnston who wrote (25023)	11/4/2004 11:12:40 PM
From: TH	Read Replies (1) \| Respond to of 306849

Mike, "with thousands of pages of new legislation" That sounds very good for those in government. And, we need all these new financial instruments, as they will create jobs for all those losing theirs in the mortgage and investment services -g/ng- Yes, big storm coming. I do not know when, but I think soon. I actually favor penalties on retirement accounts. If not for penalties, I think consumers would have sucked them dry already. I saw an article this week about a new credit card that lets you borrow against your 401K. I don't think that is such a good idea. With that said, I would settle for 25% of the SS I've paid to date, if I could control it. That 25% is much better than 0% in 25 more years. Good Trading TH