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To: Protagoras
The administration speaks of private accounts, but government-managed investment of Social Security funds is not privatization at all. True capitalism by definition operates without government interference, and we should oppose further government involvement in the financial markets. After all, which government officials will decide what stocks, bonds, mutual funds, or other investment vehicles are approved? Which politicians will you trust to decide what your portfolio may contain? Imagine the lobbyists fighting over which special interests will have their favored investments approved for Social Security accounts. Political favoritism, rather than market performance, will determine what investments are allowed, and Social Security in essence will become a huge source of taxpayer-provided investment capital.

This is the exact point I have been trying to lead you to for days. There is absolutely no difference between the government investing money and authorizing investments for individuals. Either one will be corrupted by politicians. Which investments are approved will depend on which lobbyist pays the biggest bribe. Privatizing Social Security will not work and it will end up costing us and our children a lot more money down the road.

The debate proposing to allow us to invest part of our Social Security payments is not about a "Social Security Crisis". It is just another scam to benefit a select group of "Campaign Contributors"

There may be hope for you yet if you will expand your factual horizons beyond "Four legs good, two legs bad" .

51 posted on 01/25/2005 7:24:22 AM PST by LPM1888 (What are the facts? Again and again and again -- what are the facts? - Lazarus Long)
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To: LPM1888
This is the exact point I have been trying to lead you to for days.

No it isn't. You have never mentioned anything even remotely like that. You lied.

There is absolutely no difference between the government investing money and authorizing investments for individuals.

You are entirely and utterly incorrect and I have told you why in detain on several occasions. You lied again.

Either one will be corrupted by politicians.

Politicians are corrupt beyond doubt. So YOU want to let them continue to steal money from one person and give it to another person to whom it does not belong. You propose to let corrupt politicians trick dummies into thinking they have invested money which they do not have. What you propose is precisely opposite of what you claim is the problem. You are childish.

Which investments are approved will depend on which lobbyist pays the biggest bribe.

It hasn't happened that way yet and a privatized system, IRAs, Keoghs, 401Ks already exists. So your childish predictions are goofy again.

Privatizing Social Security will not work and it will end up costing us and our children a lot more money down the road.

Incorrect. And MY children are none of your business. Of course you think the government should be involved in all this because you are a liberal.

The debate proposing to allow us to invest part of our Social Security payments is not about a "Social Security Crisis". It is just another scam to benefit a select group of "Campaign Contributors"

MORE ANTI BUSH RHETORIC FROM LIBERALS ON FREE REPUBLIC MASQUERADING AS CONSERVATIVES. YOU JUST ACCUSED BUSH OF SELLING THE WHITEHOUSE LIKE CLINTON DID.

There may be hope for you yet if you will expand your factual horizons beyond "Four legs good, two legs bad" .

I never said that anywhere ever. You lied again. Post the place where I said that or withdraw your childish lie.

52 posted on 01/25/2005 8:00:21 AM PST by Protagoras (No one is fit to be a master and no one deserves to be a slave. GWB 1-20-05)
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