--
**********
shu

"Cliff" wrote in message
...
On Sat, 21 May 2005 22:59:46 -0500, "shu" wrote:

well cliffy, how bout just taking your money, and putting it in a bank?
failing that, how about sticking it under a mattress? either way you'll
end
up with a lot more then what's returned back

On average, you are wrong. In both of your cases you lose to
inflation & to taxes as well in the bank.
Social Security is *supposed* to be indexed for inflation.


herm. that's just plain wrong, it's almost a guarantee that you'll lose
money,
maybe when it was first started up you got back out what you put it, but not
anymore,

if *you* want, you can have the govt force you to stick it in the bank
for
you, but a lot of us don't want that

You'd rather have them decide *what* you can "invest" in & under
what rules, paying which brokers how much each year to trade it
for you?

not at all,. *I* would rather decide what to do with *MY* money

you lib's are very funny, you bitch and moan how private stocks are risky,
yet the stock market just keeps going up up up.
have you heard of diversifying your account?
it's a crying shame that you're pitting "the poor" against the stock market,
and private industry.. thankfully thou your message is largely going
ignored, as more and more people are investing each and every year

what the hell do you libs have against private industry anyway? what the
hell do you think made this country the number one power in the world? it
sure as hell wasn't high taxes and govt interference..
you guys bitch and moan against the very things that have allowed you to
live in your nice home, with your nice car, with plenty of food, while other
socialist, tyranical empires are having mass starvation,
explain to yourself why a small tiny country such as taiwan, with ..
relatlivly speaking very little in the way of natural resources, can do far
better.. oh say.. zimbabwe,, which has abundant natural resources..

http://www.zimbabwesituation.com/




btw. my example has nothing to do with pensions,,

Oh?

you're grasping for
straws, personally i would never stick a lot of money in a pension fund

But setting up private ones was exactly your subject.

in
an industry that is so heavily unionized, GM is a wonderfull example of
what
happens with too much unionized labor.. too many "benefits" not enough
real
cash, and no way to reverse it.

Their major problem, much like everyone else's, seems to be the
cost of health care.
And trusting the government .... those private accounts that you
are advocating can be raided at any time by the government, just
as SS has been.

Clearly you also missed what has happened in every other nation
that has tried it ..... your trust in big & bigger government, stock
brokers (big shrubbie donors, like the medical firms), etc. is,
however, very touching indeed.

lol, what makes you think I trust in big govts?



BTW, Your spelling & suchlike seems to have improved.
On the wagon? LOL ...
sod off, ******.

********
shu