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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (681931)	5/10/2005 3:54:24 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 769670

"So, why should I fall for a shell game?" As I have said numerous times in the past. Deal with one problem at a time. Have you ever known any person with debt problems? The most common advice is to take care of one problem at a time. Generally credit councilors will recommend taking on a small debt first regardless on interest rate just to give a sense of accomplishment. Regardless of order pick one debt problem and deal with it, then move on to the next one. President Bush has picked one problem which is imminent. It does not matter what order you choose to expunge debt problems. The important thing is you get committed to a plan and make regular payments in excess of the minimum amount. President Bush is leading on a problem that was being ignored and swept under the rug until he volunteered to take it on. Let us join the fight to solve our problems. We should be praising President Bush for raising awareness of the problem, and trying to at least partially solve it. "private SS accounts (not 'some years in the future after the administration has left office:) by depositing TIPS into individual accounts --- and later allowing diversification out of TIPS by exchanging them for other investments is one of the better plans I've heard thus far. I believe that Krauthammer's column recently mentioned it...." Politics is a game of degrees. Some private accounts are better than no private accounts. Democrats are dead set against allowing people to have personal ownership of anything (related to this crisis). The best plan is to have enough of the tax to ultimately create sufficient accounts for most Americans. 4% for all participants would be a good place to start that. The other critical issue is to acknowledge the unfunded liability. Immediately issue four trillion dollars of bonds to SS and start paying the piper.