Reply #5: You are so right

[KT2000]

Fools will fall for it though - lots of them. They fail to realize that they will have to give up a guaranteed inflation adjusted income for the fruits of their stock market gambles. How many will look to the program to save them when their Enron's go bust.

I also believe they are going after Social Security Disability. Young people do not think anything can happen to them. I recall "floaters" in the NYT a few years ago where they were trying to assert that many people on SSD were really just people unable to adapt to the new technologies and were malingerers. The process of dehumanizing has begun.

Going to have to look for links, but in Texas Bush took the money in the state college system and had it run through his friends' investment companies because he thought his people were better money men. It turned out the returns were less that what they state had been doing, plus they lost a lot of money to fees.