[Homestead] Morning thought
markrousseau at yahoo.com
Wed Feb 2 10:22:15 EST 2005
This is what I'm thinking. It should be much more efficient to invest a
large pool than to break it up into zillion's of little accounts which
suck up commisisons fees and whatever else they want to charge for the
micro accounts. Giving the SS admins the authority to shift money
around would let them chase the current golden goose.
Gene GeRue wrote:
> If investing in stocks and bonds is superior to the present system,
> why doesn't the government simply invest our Social Security funds there?
> The present system has very low overhead. I am coming to see the Bush
> proposal for personal investment accounts as only benefiting those who
> would receive management fees.
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