Privatization?! Not for me!

[Joe Blazenski <jblaze@teleport.com>]

I am a pretty bright person (over 140 IQ), have a good income,
write sophisticated computer software, repair most everything
in my home and car yet when it comes to the stock
market (I.E. Privatization or Las Vegas East) I have always lost
money.  Thousands of dollars.  I do not want to risk my retirement
money by making choices about something I simply am not good at.
I don't think the government should place people in the position
of being forced to be a financial wizard or risk having a less
than satisfactory retirement income.

Private investment accounts are great for those who win, but
what about the majority of us who have better things to do with
our lives than worry about investments?

A better alternative for "excess" social security money would be
to "invest" in roads and schools and make sure all our children
have college educations so the country will be well equiped to 
produce more than enough goods and services to make everyone
comfortable even with only 2 workers per retired person.

Capital investment takes many forms.  Governments are good at
investing in infrusturcture.  Why not invest in what makes
commerce work so it will work well when we retire?