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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (213552)12/18/2004 8:01:47 PM
From: Amy J  Respond to of 1576238
 
RE: "You want empowerment and that is what Bush is trying to give you"

There is absolutely nothing empowering about FORCING people to dump their own money into a brainless index and forcing them to give 1.5% of their own assets to a WS firm every year!

No way.

If it's not an IRA, then forget it. I'm not interested in get-rich schemes for WS.

Regards,
Amy J



To: RetiredNow who wrote (213552)12/18/2004 8:10:37 PM
From: Amy J  Read Replies (1) | Respond to of 1576238
 
RE: " he knows that Democrats will never allow an IRA style privatization plan. The best he'll be able to do is take baby steps towards IRA style privatization in the very long term. "

The Democrats you're speaking of, are all Congressional baby boomers. Of course they may think differently than Gen X and Gen Y Democrats.

A baby step might be better than nothing. But the idea of paying WS firms 1.5%/year is repulsive for a brainless index. I don't know about this idea.