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To: John Hunt who wrote (26477)	1/19/1999 1:13:00 PM
From: Investor-ex!	Read Replies (2) \| Respond to of 116762

There is no surplus. Already, we have ~$100 billion deficit for the first 3.5 months of the current fiscal year, which started last October. The budget deficit this year is accruing at approximately triple the rate of last year's total budget deficit. There was no surplus last year and it sure looks like there won't be any surplus this year either. What the heck are these people talking about? Do they actually believe we are this gullible? $2.7 trillion over 15 years?, might as well make it $10 trillion over 25 while they're at it, that way we can fund social security by "investing" in the outrageously over-priced stock market and pay off the national debt at the same time! :o)

To: John Hunt who wrote (26477)	1/19/1999 1:26:00 PM
From: long-gone	Read Replies (2) \| Respond to of 116762

<< President Bill Clinton will propose transferring the bulk of projected budget surpluses over the next 15 years, more than $2.7 trillion, to shore up the Social Security System, the White House said on Tuesday. In his State of the Union speech, Clinton will call for dedicating 62 percent of the surpluses to the retirement income system, with 20 to 25 percent of this sum being invested in the private sector through the stock market. >> IMHO. If we can each decide how to invest that money and vote the Proxies, great. Otherwise it is just socialism - under another name. Or perhaps a way to buy the whores on Wall Street.