Subject: Problem for boaters and APRS?
From: PAMNO (N2EY)
Date: 12/20/2004 6:21 AM Central Standard Time
Message-id:
In article ,
(Steve
Robeson K4YZ) writes:
Par for the course, like his stupid notion of turning SS over to
Wall Street.
And the Federal Government has done shuch a good job with it...HOW...???
By investing it very conservatively, because high risk cannot be accepted in
a
safety net.
I guess you missed that part where I said "...with federal government
oversight..."....?!?!
I am only 15 1/2 years away from being able to draw it if I so choose,
yet
depending on who prognostications you believe, it won't be there for me to
draw upon.
Think about *why*:
Snipped...We know why Social Security was created...I don't thinnk FDR
ever imagined it being *******ized such as it has.
But the real solution is education and responsibility.
The real solution is to restore the program to what it was intended for,
delete the drug abusers and lazy, and restore some basic civic
responsibilities.
Would it be any worse to let select Wall Streeters invest it with
Government oversight?
Much worse. Here's why:
It's a fundamental fact of investing that you don't get high return without
risk. Particularly in the long term. For every investor who made big bucks
quick by a good choice, there are plenty of others who lost big bucks by a
poor
one. But nobody has lost money by investing in safe things like US savings
bonds - at the price of a lower return.
Do you *really* think Shrub is concerned about your retirement, or mine? I
don't.
I do...More so than I ever thought Bill Clinton was...
Here's a hint: Do you think *his* retirement depends on SS?
I am not the least big concerned...There are hundreds of thousands of
Americans who have "retirement" packages that don't depend on SS...
15 years, 4 months, 11 days and the rest of today...but who's counting?
I'm counting backwards as of today!
73
Steve, K4YZ