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echo: barktopus
to: Jeff Shultz
from: Geo
date: 2005-02-13 01:21:46
subject: Re: Fired for smoking at home?

From: "Geo" 

"Jeff Shultz"  wrote in message
news:pan.2005.02.13.01.38.03.723676{at}shultzinfosystems.com...

> > Most of the insurance companies claimed they had to raise rates because
of
> > losses in their investments.

> Which actually means that they were able to not raise rates when they
> probably should have because their investments were covering their losses.

which is how SS's excess funds over the past 30 years while the baby
boomers were at their peek earning and the ratio of working to retired was
so favorable, should have been put to work so the money would be there in
the future.

Geo.

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