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Politics : Health care / Social Security / Medicare & politics -- Ignore unavailable to you. Want to Upgrade?

To: mrknowitall who wrote (10)	12/8/1998 10:32:00 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 25

Mr. K, Your proposal is rubbish. It makes sense. How in the world would you ever expect any of our elected officials to actually pass legislation that makes sense? KJC (tongue-in-cheek, of course)

To: mrknowitall who wrote (10)	12/9/1998 11:35:00 PM
From: steve kammerer	Read Replies (1) \| Respond to of 25

MrK, interesting ideas for SS. Problems I see for any part of SS funds in stock market is the effect when large numbers of baby boomers are retiring and selling equities. Part of what's propping this market up to unrealistically high PE's is the huge inflow of 401k funds now. Other problem is that individual mutual funds will be bribing (American term = campaign contributions, politicians to have their funds included which will mean higher annual fees. If a minimum payment is guaranteed by US government then the money will be invested in more dangerous, risky and/or leveraged investments. Don't know where we are going to end up stevek