Pessimism v. Optimism

[--Pete]

Hi,

. . .

Two problems that I see right away: first, how do you handle the transition? People like me who've paid into social security all their life can't jump into a time machine and invest that 15% in a 401K. So, do I just get screwed out of those funds? Second problem: how does your plan work if 150 million of those people you're depending on to be intelligent, responsible, rational individuals all spend their funds on pizza and beer? Because they will. A plan predicated on the intelligence of the population is a plan doomed to failure before it starts.

And, who is John Galt?;)

--Pete