07-07-2005, 02:38 PM
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#2872
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Proud Holder-Post 200,000
Join Date: Sep 2003
Location: Corner Office
Posts: 86,149
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Why oh why did my 401k die?
Quote:
Originally posted by ltl/fb
1. If businesses did not play nanny, they would have crappier workers. Pensions attract people with skills. If Johnny Jr. knows the factory did right by John Sr., he'll go work there are work hard. If Johnny Jr. knows the factory did wrong by John Sr., he'll flee the area and/or get his friends to go out on strike and/or bomb the place. The history of the owner/power holder having responsibility for the workers/dependents goes way back. I think it's wired in, to some extent. There will always be brave mavericks like you, though. Plus, under your system, I'm going to try to have kids so as to have someone take care of me in my old age. Do you really want my spawn in the world? No.
2. Why are you so against economies of scale and efficiency? What is wrong with you? You should have to grow/kill your own food and chops your own firewood. I'm trading my labor, in part, for the economies of scale I get in knowing I am getting cheaper money management than I could ever hope to get if I had some broker investing in stocks, or even through individual mutual funds.
3. IRAs suck, and someone has to play nanny. I think your view would change if your grandparents and great aunts and great uncles all moved in with you. And your wife's.
You are being more ignorant than usual. Just give it up and focus on the terrorism stuff.
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mmmmmm chops
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I will not suffer a fool- but I do seem to read a lot of their posts
Last edited by Hank Chinaski; 07-07-2005 at 02:42 PM..
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