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Author: PKnudsen Big gold star, 5000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5267  
Subject: Re: Re: Social Security Lessons Date: 9/6/2005 9:53 PM
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>>Are we talking the same people that do not want any private accounts...<<

Yes.

>> and demand to stick with the lack of returns in SS? <<

Of course not. This is an investment site, isn't it? I agree, there ARE such people. Hopefully they can be convinced that getting a better return from their SS dollars is a good thing. If not, things look rather bleak for SS. And for the USA.

>>It is amazing what the majority of people will tolerate when it comes to bad financial decisions.<<

Unfortunately the majority is lacking in financial knowledge--no question about that. They believe Wall Street and the big banks are out to cheat them. And hasn't that happened far too often?


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