Tuesday, Feb. 22, 2005, the Dow Jones Industrial Average dropped 174.02 points, Nasdaq was down 28.30 and Standard & Poor's 500 Index was down 17.37. But Jim Winter in his letter to the Roundup entitled "Social Security reform naysayers, look at the bright side" thinks that we should scuttle Social Security as we know it and surrender to the "greed and avarice" that the New Republicans -- you know, the credit card, red ink kind, that have taken this country from a surplus to an unprecedented deficit -- advocate. After all, it is your money.
Let us forget that we are all Americans and we care about each other. We might not be the economic genius of the Harvard educated Chilean, Dr. Jose Pinera. What Mr. Winter does not tell you is that the Chilean plan is a failure and that our economy is not even close to being in the little league of that lovely South American country. We have a whole different economy, but take heart, Mr. Winter, if we all drink the same Kool-Aid that you have swallowed, we will be diminished to the economic size of that Republic in the Andes. I, for one, do not wish to see that happen to the USA.
Mr. Winter, if you wish to move to Chile, we will miss you. If you choose to invest in the Dow, Nasdaq or the S&P 500, you are free to do so. On the other hand, if you want to really gamble, perhaps you should visit the Mazatzal Casino, they would love you there.
As for me and my 85-year-old mother, we will work for those sensible people that want to protect this program that has helped so many Americans, rather than risk the possibility of making poor investments and end up standing in line with hats in hand begging for charity.
Mark Ernest Reza, Payson