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

To: cirrus who wrote (122)	9/6/2006 3:40:05 PM
From: Lane3	Respond to of 10087

So, in tune with privatizing social security and directing billions into private investment plans we will somehow eliminate business failures AND engineer a regulatory system that would adequately safeguard private accounts? No, of course not. Just trying to correctly focus the problem solving on the actual culprit. The problem there wasn't the notion of privatization. Your assessment overgeneralized. We could have obviated the Enron problem with greater regulation of pension funds so that the plan was fully funded and protected and/or more transparent so that employees would have better understanding of their risks and could make better decisions. There has been a lot of discussion of the former over the years but nothing has been done.