Frank Reichert <[EMAIL PROTECTED]> wrote: >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. But isn't that a far sight better than no choice at all? >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. Sure. But how do you get there from here? Have you read Jonathan Rauch's analysis? It's linked from Reason. They sent a link recently with one of their newsletters. Basically he, not alone among analysts, consider the currently contemplated plan to be a wedge that will, over time, change people's thinking about gov't in such a way that total privatiz'n/abolition of SocSec will be politically viable years down the line. In Your Sly Tribe, Robert _______________________________________________ Libnw mailing list [email protected] List info and subscriber options: http://immosys.com/mailman/listinfo/libnw Archives: http://immosys.com/mailman//pipermail/libnw
