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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (323865)	1/31/2007 10:50:11 AM
From: Road Walker	Read Replies (1) \| Respond to of 1578196

re: And yes many are too dumb to make good investment decisions -------------- Apparently they could have put the money in a CD and received a better return, and perhaps have done as well putting it under a mattress. First, I don't believe the guy. Second, especially for lower income people, there is a distinct chance that they would outlive their money and they can't outlive SS. And third a lot of people are too dumb (or too smart) to put their money in a CD. re: The post was about how SS is lousy if viewed as a retirement program, and not very well targeted if looked at as a welfare program. Well sure, because it is neither.