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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Karen Lawrence who wrote (56627)	11/5/2004 11:58:16 AM
From: Patricia Trinchero	Respond to of 81568

11:12am 11/05/04 Euro probes record-high territory By Rachel Koning CHICAGO (CBS.MW) -- The euro briefly crossed into uncharted territory during U.S. trading, reaching a high of $1.2935 and taking out the former all-time high of $1.2927 reached in February. It was more recently back to $1.2911, up 0.3 percent on the dollar from Thursday. The dollar got a brief respite after a strong U.S. jobs report Friday morning. But emphasis returned to U.S. deficits. Strong central bank and hedge fund buying were said to be behind the euro's move. cbs.marketwatch.com{13E5422C-7C8C-4E0E-8FCD-D6149D67046D}&siteid=mktw&dist=bnb

To: Karen Lawrence who wrote (56627)	11/5/2004 1:40:12 PM
From: geode00	Read Replies (2) \| Respond to of 81568

NO surprise. Brokerage firms have been at the top of Bush's campaign contributors. However, as the head of Morgan Stanley noted this year, Bush's policies have destroyed the middle class that is their bread and butter. These guys NEED the $1T-$2T borrowed from furriners and put into their pockets as the privatization scheme goes forward. The interest on this unpayable debt will go to our children, grandchildren and the Chinese who will eventually simply buy us out. In reality, Bush doesn't care about privatizing SS. He wants to DESTROY IT...always has. As with public education and Medicare, if he can set it up TO FAIL then he can simply eliminate it. Bush's goal in life is to destroy postwar USA and pocket the profits. He's always been 100% perfectly clear on this point. Half the American population simply doesn't care.

To: Karen Lawrence who wrote (56627)	11/5/2004 8:12:31 PM
From: David Howe	Respond to of 81568

Correct, there are firms that should make some money for their work in managing the investments. Right now we pay the government to manage the investment and they are earning us about 2% return on the money. Not very good. I'd much rather pay an investment firm to manage a portion of the money and get a 6% return. Take out their 1% fee and you still get a heck of a lot better than 2%. By the way, I put my money where my mouth is. I pay into social security, and, I put some money into investments which in part goes to an investment adviser that charges a small fee each year. The fee is actually 1/2 of 1%, not the 1 or 2% that your article states. Dave