Good evening again Connie!
Conster wrote to Frank...
> I'm having a very difficult time trying to understand those who
> wouldn't admit Bush has done anything right when it comes to his
> trying to pass a bill that would allow those of us under 55 to invest
> some of the Social Security money in better investments that most
> likely won't run dry way before my children get a chance to collect
> and my kids are only 19 and 21 years younger than myself.
Yes. It 'might' make sense until you discover the devil in the
details. The truth is that if this idea reaches the light of day, it
will in fact regulate further the investment and insurance options
open to such private investments in such a way, that consumers would
only be given limited choices approved by the government. You would
NOT have an absolute choice to invest your money for retirement as you
wish, unless it was approved first, by the government. The
politicians would still decide where you might choose, and that alone
is enough to suggest that this is a very compromising Bill that limits
your choices to the choices already made for YOU by the politicians.
Before you proceed, consider for a moment what corporations the
politicians might decide are the investment possibilities YOU can
choose from?
That is pretty much my synopsis from the Shrub's televised 'State of
the Union' address concerning privatizing social security. The best
way to privatize Social Security is to simply make it a private choice
of individual's own choosing, and divest the government of any control
over whatever such choices might be.
Kindest regards,
Frank
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