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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (115)9/6/2006 4:20:36 PM
From: cirrus  Read Replies (2) | Respond to of 10087
 
Gee. On one hand I have people telling me that we need more regulation of pension plans and then we can privatize social security. Now you tell me we have too much regulation in health care.

So the drill is: Promise folks that there will be strict regulation of private pension plans so we can privatize social security. When the deed is done the banks and investment advisors tell people that returns could be so much better if the plans we not tied up with so much regulation, restrictions and reporting requirements and paid lobbyists convince Congress to loosen the rules.

Then.... BOOOM! Banks in the Cayman Islands report a massive influx of dollars...