Retirement plans
By John Schroy, on February 23rd, 2006 |

Between 1999 and 2002, US private pension funds lost US$ 1.2 trillion in value. It would almost seem that pension fund managers had been speculating with retirement money, attempting to beat each others’ short-term performance statistics, with little interest in safeguarding the assets of plan beneficiaries.
Political intrusion and trade unionism have debilitated the pension fund industry over many generations. The end of the pension industry may now be in sight.
US Demographics
By John Schroy, on February 3rd, 2006 |

Legal immigration has resulted in solid growth of the US population, despite declining birth rates and an increasing number of old people. This is good news for investors in stocks and real estate . Despite loud railing against illegal immigration by Bill O’Reilly, Lou Dobbs, Michelle Malkin, and Pat Buchanan, the real story is the size and scope of legal immigration. Illegal immigration appears to be less than 5% of legal immigration, and legal immigration is at an all time high.
Baby Boomer generation
By John Schroy, on January 5th, 2005 |

Proposed measures for reforming the American social security system call for allowing workers to invest a portion of their payroll FICA contributions in individually owned and directed personal retirement accounts.
This would amount to the partial securitization of social security taxes and could channel a significant volume of new funds into the U.S. securities markets.
Watching the unfolding of the details on securitization of social security should be a priority for capital flow analysts during the second Bush term.
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