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Privatized Social Security just a push for asset fees

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Privatized Social Security just a push for asset fees
Topic: Politics and Law 4:17 pm EST, Jan  8, 2004

] Social Security privatization is one fascinating
] political game that's about to resurface. Special
] interests on Wall Street and in the fund industry can
] make huge fees if they can increase their assets under
] management. Privatization does that: As more assets shift
] into private hands, Wall Street and the funds pocket more
] fees.
] So mark Jan. 20 on your calendar. That's when the sales
] job begins, in the President's State of The Union
] message. Historically Social Security has been the
] Democrat's baby. And a political third rail, a dangerous
] area Republicans especially avoid for fear of getting
] zapped.

Privatized Social Security just a push for asset fees



 
 
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