Wouldn't this fix the soc. security problem?

[Velociryx]

But then there should be some form of voluntary opt out clause....you opt out of the program and sign something that says the govn't owes you NADA. (and I'd take that option in a heartbeat, cos *I* can't trust the government to plan for my retirement correctly, sad to say)

Savings accounts....very easy to set up. Trusts though, being a legal...groping for the right word here....device....a bit more involved. Not that the government couldn't do it, mind. Obviously they could. The fact remains though, that it's going to be just this side of ****e, cos the overworked and underpayed people they'll have setting them up won't have a background in money, won't really know what they're doing, aside from checking boxes on a form, and won't give any particular attention to the funds they create.



For what it's worth, I like the idea in principle....just don't trust the government to execute it worth a damn.

-=Vel=-

[Patroklos]

But then there should be some form of voluntary opt out clause....you opt out of the program and sign something that says the govn't owes you NADA. (and I'd take that option in a heartbeat, cos *I* can't trust the government to plan for my retirement correctly, sad to say)

That is the thing, that while you can't trust the government to not screw it up, all the liberal do gooder fuzzy wuzzies can't trust the people not to screw it up. I can't either, but I just don't care if they do.

Perhaps you should have a range of percentages you can opt for?