RE: Privatization?! Not for me!
- Date: Mon, 26 Apr 1999 05:58:01 -0700
- From: joe <jblaze@teleport.com>
- Subject: RE: Privatization?! Not for me!
What happens when all of us baby boomers start retiring and want all the
money out of the treasurey bonds? Isn't this the asme Ponzie scheme
that the social security system is purported to be? It seems to me the
same problem of to many people wanting money out and too few putting
money in will occur for stocks and bonds just like it will for social
security tax. It seema to me the government still has to raise taxes to
pay for all these extra bonds anyway.
Your thoughts on that?