Ruffhowse
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Dec-13-04 02:22 AM
Response to Original message |
| 6. Yeah, right, that's what we need, having people basically gambling with |
|
Edited on Mon Dec-13-04 02:23 AM by Ruffhowse
their retirement funds. By it's very nature, privatization assumes that many will choose risky investments and some will lose. But of course the financial community gets an enormous windfall (and these folks are vastly Republican and contributors to Chimpy's regime) by all the fees they get to collect. Also, if the stock market really tanks, which is always possible, who's going to take care of all the old folks who are now paupers? The whole idea is a conservative's wet dream for milking the big bucks in the Social Security system for their own profit. Bad, bad idea.
|
Printer-friendly format
Email this thread to a friend
Bookmark this thread