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To: KyrosL who wrote (15103)	11/8/2004 5:22:53 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 116555

I can't wait to see how long it takes for the public to realize how unworkable the private Social Security scheme is for America in it's heavily indebted state. Australia has their retirement money invested all over the world in safe investments reviewed by monitors for safety. It's a great idea, but seemingly impossible right now. The Bush administration has been spending so fast already, that during many months even a 100% income tax would not have kept up. Nearly every dollar diverted into a private social security scheme will need to be replaced with either a new dollar of tax or a new dollar of debt and currency debasement. Either that or Social Security payments will have to stop today. With the results of this scheme, the Republican party will not be voted back into office for another twenty four years or longer. It will take an entire generation to forget.