On Sun, 19 Dec 2004 12:14:58 -0500 (EST), Robert J. Chassell <[EMAIL PROTECTED]> wrote: > IIRC, a general investment in an S&P fund has outperformed most > other funds over the last 10 years. > > Yes, over the last 10 years. But I think of my father. During his > lifetime, there was one period when the stock market was down for 20 > years and another when it was down for more than 10 years. > > -- > Robert J. Chassell
SS reform is a huge and unnecessary boondoogle and payoff to the favored finacial corporations. SS isn't in trouble it can pay benfits until 2052 according to latest estimates. At that time the be in balance they would have to cut benefits by 20%. To get it in balance indefinately would take some minor fixes now or over the next decade.. Privatization would cost $1 to $2 trillion dollars over the first 10 years. The argument is being mad to avoid going into debt forty years from now let's go into further debt now. Gary Denton http://elemming2.blogspot.com _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
