Social Security
Out of context: Reply #37
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- johndiggity0
dobs, i understand, and yes, i/we have to care about others because as i illustrated in my earlier point, their decisions have a direct effect on all of us.
my point is that it's not just throwing money at people that helps, it's allowing them to be better equipped to make sound decisions that is in everyone's best interest. which brings us to education.
i believe we all are entitled to education, but the public schools are not the answer. i favor vouchers for those who live in school districts that are quite frankly horrible. private institutions have a vested interest in seeing that their students are highly educated. their livliehoods are dependant on the success of their students. you cannot make the same argument given the state of public schooling as it stands now (i'm not talking about college or universities).
my point is if you would like to have the money that is going to be taken out of your pay anyway sit in a federal account earning 2%, that's fine and it's your choice to do so. what bush's plan is proposing is to allow me to take a potion of that, which i worked for anyway and invest it in a private account where historically returns are in the 10-15% range.
plus as a shareholder, i own a part of the company and i have a direct say in their policies. if enough people would realize that there is no financial industry conspiracy and realize the power that could be given to us, i doubt there would be many more scndals.