pinions of buddy don: tiz payback time!

i wurk on wall street at one of the bigger firms. lack mos of em, our firm give bushel baskets of money to the bush camp pain, tho thay wuz plenty of individual bankers that give money to the kerry camp pain.

yesterdy one of my friends at wurk brung me a lil graph he had found showin the incum predickshuns fer our firm once they git to privatizin soshul securty.

tiz hard to git the math to wurk out (is this whut they mean by fuzzy math?) on a counta rite now, ye dont need to pay no wall street firm nuthin to git yer benefits.

also, since 1983, we dun been payin in more than it takes to pay the benefits. we wuz tricked into doon this by mr greenspan n mr raygun. the idee wuz that the exter money wood be put into sum kinda trust fund account sos twood be thar whenever the baby boomer retirees needed moren wuz bein paid in by the younger folks.

but that money wuznt put in no trust fund. twuz used to make the fedrul deficits look lowern thay really is. all we gut fer all that exter taxayshun wuz a bunch of i.o.u.s that the gummint seems to thank it caint pay off.

so they figger the problem kin be solved by borryin money (at 3%? 4%? 5%?) sos younger folk kin put it into the stock market fer a return (3%? 5%? 7%?) that will let thar money grow n still pay them broker fees (2%? 3%? 5%?).

so makin the hole program cost more is a'gone make it cost less n save it?

i add mitt how i caint understand thisn. back in college, my math professor tride to git me to major in math on a counta how he figgerd i had a grate mind fer it, but to me, twuz borin. mayhap ifn i hadda tuck his add vice, i wood understand how increasin a programs costs kin make it cheaper n more profitabull (fer the investor, not the wall street firm).

so them big banks lack mine is plannin on gittin thar payback fer givin to mr bushs camp pain. us lil ole folks will git reduced benefits. them lil young folks will git to pay exter to put thar money in stocks. aint that the anser? n our gummint kin borry a bunch of money n pertend lack it aint part of the budget, usin creative accountin lack enron showed us wurks so well.

corse, tiz a verr profitabull plan fer my firm n long as ima wurkin thar, i orta do purty good. but when i retire? ima gone git reduced benefits even tho i been a'payin in fer nigh onto 35 year.

mayhap they kin git mr frist to splain how ye kin count on the stock market to pay yer bills.