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[bob ford <bobford79 AT yahoo.com>]

I don't see it happening , either.  But I certainly don't see how the 
prospect of moving an acct. that has lost 30% , invested in the markets, to a 
government acct (SS) which has 'zero" real money, only the promise to others 
of repayment of debt, based on the good faith of the word of our gov't (plus 
our weapons, of course), is so much different.  

You said that "you" were smart enough to save your 401k -- Give 'yourself' 
that credit.  And give gov't the doubt they deserve in all matters fiscal 
(and in my opinion, many others).  .......bobford


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--- On Sat, 11/8/08, Rebecca Lewinski <rebas_own AT hotmail.com> wrote:

  I personally can't see the move happening,
> in spite of so many people right now reeling from watching
> their 401Ks evaporate last month.  I'll have to read up
> on how this talk started--it sounds to me like the people
> quoted are looking for a way to guarantee that workers have
> some additional income to retire on, along with what they
> will get from social security.  Can you imagine what a
> disaster it would have been if people had been allowed to
> put their social security funds in the market?  I know
> I'm not smart enough to play the market, and apparently
> recent economic events shows a lot of paid professionals
> aren't smart enough either.

> 
> -Rebecca in the great Northwest
>