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February 26, 2004
Seems to me those who espouse the end of SS and allowing everyone to make their own retirement fund investments tend to forget that the vast majority of Americans, usually those who will depend on SS in their old age the most, are not savvy investors and are from families who have little or no history of financial savvy to inherit knowledge from.
Social security is about security not maximum financial gain, investing potential retirement funds in the stock market which is a form of gambling with winners and losers one which even the most savvy investors often lose everything and often those who gain the most do so on inside information, contacts, and specialized knowledge the majority of people have not learned . . . or do not have access to.
As Robert shared . . . those who make mistakes, easy to do in youth, or lose in the market will not face security in old age rather end up greeting you at the shopping cart area of Wal-Mart. Have a nice day. Ever notice that tuna for cats is not in pop top cans.
Don
"Don May" < may.d@... > 30303
Posted on February 26, 2004 08:26 PM
Posted to category(s) Exterior | Restoration
