Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Wayners who wrote (682626)	5/18/2005 9:58:00 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

"I think I can see why they would never put the Treasury bonds in individual acounts. Once the bonds are there, the Govt can't come back later and change the rules and decrease people's benefits. The Govt loses their bargaining chip with the existing bonds." EXACTO-MUNDO! You win the prize, Wayne! That's EXACTLY why... and the other side of it is: if they have to take your FICA tax receipts and BUY TIPS BONDS with the money and put the bonds in your private account, then they can NO LONGER DIVERT FUNDS from the SS surplus to other parts of the federal budget, hiding how large the structural deficit has become! They would have to go on a MAJOR ROUND of government belt-tightening RIGHT AWAY! (One of the things I love the most about Pollack's plan.)