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

To: RetiredNow who wrote (549767)	2/13/2010 10:53:22 AM
From: SilentZ	Read Replies (1) \| Respond to of 1574544

>I believe that each person is responsible for their own retirement. If retirees were responsible, they would have had their retirement money in cash and bonds, where it belongs. So the last several years would have had close to no impact on their savings. The government essentially puts Social Security money in bonds already. And what if retirees weren't "responsible?" Then they should live on the streets in their elder years? And why do we really want people who are working three jobs, raising kids, and just generally trying to get by to have to spend time they don't have to learn about the markets (where the lion's share of the result is based on luck)? Hell, we're barely equipped to know how to read the fine print on a credit card application. -Z