Senior Sizzle

Seniors don't fall for the private/personal accounts modifications to the Social Security program because many of us through many decades have invested in the market through personal savings, Keogh plans, IRA's both traditional and Roth etc. and know full well from such experience that the intricacies of the stock market do not produce the fantastic profits predicted by those wishing to make this ill-advised change. Timing is a technique to be avoided and that is what it will come down to when an individual comes up to the age of required retirement, the market may be up, down or muddling along.

The Pugs aren't up-front either with their Madison Avenue style marketing propaganda on this subject. They keep repeating that this is what Congress has in its choices, and that isn't the whole truth. Congress has this in addition to Social Security and that is never mentioned. The government program does not allocate a percentage of Social Security contributions to this at all.

Now this promoting of a program that is going to result in billions of bucks benefiting Wall Street scions because of the business diverted to them by this proposed change couldn't have a thing to do with it - or could it?????

Nor the fact that the baby boomers will be needing to sell a lot of their 401K holdings at that same historic moment in those actuarial figures. THINK!

'W' needs to learn that the public is smarter than he thinks-- among other things.