RE: Just some thoughts

[Michael Jones <powderfinger99@yahoo.com>]

<<<<
I know that this is far off topic, but it is necessary to point
out the motivation behind the class that wants to privatize Social
Security.  These people do not "earn" their money.  Their money
comes from their employees.  The profit they aquire is merely wages
that they do not pay their employees.  How does this relate to the
Social Security debate?  Privatization will place more of the money
that workers really do earn into the hands of those who have too
much earned off the backs of the rest of us.
>>>>

This viewpoint is backwards from what a logical conclusion of 
the facts would bring. The facts is that investing more money
in the private sector will create more jobs for "working" 
people. Privatization helps working people.

<<<
The profit they aquire is merely wages
that they do not pay their employees.
>>>

Please learn more about investing and taxes. When you
own a stock, the investment gives you the ownership of
a piece of the companies earnings/dividends. In this sense,
stock ownership makes you one of the "business class" (or
whatever you meant by "class".

Under current tax law, stock ownership is encouraged much
more than wages are. Stock ownership would help everyone
become wealthier and at the same time have a lower tax burden.

The case for privatization comes down to two views, one
is the carrot, the other is a stick:

* Charlie wants to punish the "rich". Even to the point of
continuing a bankrupt system which will benefit no one.
* The reformers want to fix the system by taking an Amercian,
optimistic approach. Charlie feels alienated from the people
who own businesses and employ people. A privatized system 
would make everyone a business owner. 

Michael