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Wednesday, March 23, 2005

Ooo, Oooo, Pick Me!

I know the answer to this one:

Why is it acceptable for state employees to be able to invest all of their mandated retirement savings - amounting to 8 percent of salary from employees and 10.15 percent from the state - into accounts similar to what Bush wants to make available on a much more restricted scale for young workers across the nation? 
By the way, several hundred state employees - including lawmakers, top elected officials and some of their staff - have since the late 1990s enjoyed the privilege of choosing between a traditional pension and privately directed accounts. 

Of the 457 officials currently eligible for the pension choice, 221 have opted for self-directed accounts. 

Perhaps critics of Bush’s plan will stop their carping long enough to tell us why state workers can be trusted to make such decisions but the rest of us can’t.

The answer, of course, is that the rest of us are stoopider than state employees.

I mean, it’s obvious, really.

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I enjoyed watching Dennis Miller talk about the topic last week - his summary was essentially that the government is saying “Hey, we want you to have control over 4% more of your money!” And the people are saying “No thanks!”

Truly, we have lost our minds.

on Mar 23 2005 @ 10:11 AM

It’s enough to make me want to pound my head against walls.

The most irritating factor is that I can’t simply opt out on my own--I can’t say the hell with it, you guys do what you want, but I’m putting my money in plastics (it’s the future, you know).

No, a huge chunk of my income is tied up by a system that doesn’t work as advertised and that most people are terrified of leaving.

Frustrating as hell.

on Mar 23 2005 @ 10:14 AM

State workers smarter? That’s unpossible.

on Mar 23 2005 @ 10:19 AM

Dang, Z.  I am sitting in the library (after having completed our morning of school in a lovely glass-enclosed room due to our carpets being “Chem cleaned” which isn’t supposed to leave them wet, but somehow does, so we had to leave in order to allow the carpet [which I loathe anyway] to dry without crushing the pile[?is that the correct spelling]) and I got a distinct throat clearing and a very specific look to keep my voice down because I laughed loudly.  It was your “stoopider” that caused me such fits of giggling and also the recipient of librarian wrath!

on Mar 23 2005 @ 12:15 PM

Darned, evil librarians.

I would personally make faces at her.

I’m just sayin’…

on Mar 23 2005 @ 12:32 PM

I would personally make faces at her.

Me too.

But quietly. Ssshhhhhh…

on Mar 24 2005 @ 06:35 AM
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