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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (104464)3/15/2005 4:55:25 PM
From: DMaA  Respond to of 793835
 
Day 1 8:00am - Trustees begin to invest in private companies
Day 1 9:00am - The first demand to disinvest from companies that do business with Israel roll in. Followed by demands to disinvest from military hardware companies, pesticide makers, nuclear power, coal generated power, etc, etc, etc,



To: Triffin who wrote (104464)3/15/2005 5:00:18 PM
From: Ish  Read Replies (1) | Respond to of 793835
 
<<If private accounts as either a carve out or add on is the
correct solution .. why not merely enable the Trustees of
the SS Trust Fund to make the appropriate investments with
that portion of the payroll taxes that will eventually (?)
be earmarked for private accounts ?? ..

Because SS money goes into the general fund and spent and replaced with IOUs. The government gets it and it's spent, not invested.


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