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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (226)	12/6/2004 9:20:30 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 71588

In order to support that rate of return and make up for under funding, Social Security would have to earn a higher rate. Pensions are typically invested more conservatively than you and I are. They use a higher percentage of bonds. This typically yields a lower rate of return. There is another concern with SS invested in stocks. Do you want government employees controlling the agendas and votes at stockholders meetings? Peter

To: Captain Jack who wrote (226)	12/7/2004 5:17:07 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 71588

HOLDOUT OK WITH INTEL BILL By IAN BISHOP -------------------------------------------------------------------------------- December 7, 2004 -- WASHINGTON — The sweeping intelligence reform sought by President Bush cleared a major hurdle yesterday after a leading Republican opponent said he would back a compromise plan. Rep. Duncan Hunter, the powerful chairman of the House Armed Services Committee, lined up behind the measure after the bill was changed to give troops in combat chief control of sophisticated spy satellites. Hunter (R-Calif.) had worried the overhaul — realigning 15 of the nation's intelligence agencies and creating a national intelligence czar to oversee them — would force troops on the battlefield to compete with other agencies for access to the satellites. But the new provision "builds a fence around the chain of command," Hunter said, ensuring the troops will "get information when they need it" by guaranteeing the military has priority access to intelligence and satellites. Sen. John Warner (R-Va.) hailed Vice President Dick Cheney for being "a really major figure" in jump-starting negotiations on the stalled reform measure, which was being pushed by the 9/11 commission. The agreement came as Bush prodded Congress to finish work on the legislation and White House spokesman Scott McClellan said, "We feel very hopeful that this legislation will get passed this week." With Hunter's approval, congressional aides said a House vote on the measure is likely to come today, with a follow-up vote in the Senate tomorrow. While Hunter and his backers are now on board with the plan, he cautioned that the concerns of the other key opponent, House Judiciary Chairman Rep. James Sensenbrenner, had not been addressed. "This bill is not a done deal," Hunter warned. Sensenbrenner has demanded tighter restrictions on a host of immigration issues, including a ban on illegal immigrants obtaining drivers' licenses. nypost.com