Re: Nothing to do with marxism or anti-capitalism or anti-US bias

From: Herman Rubin (hrubin_at_odds.stat.purdue.edu)
Date: 08/29/04 

Date: 28 Aug 2004 20:20:48 -0500

In article <UV9Yc.3746$6o3.3228@newsread2.news.atl.earthlink.net>,
George Conklin <nilknoc@earthlink.net> wrote:

>"Herman Rubin" <hrubin@odds.stat.purdue.edu> wrote in message
>news:cgqsvo$46fc@odds.stat.purdue.edu...
>> In article <uTsXc.13788$2L3.11374@newsread3.news.atl.earthlink.net>,
>> George Conklin <nilknoc@earthlink.net> wrote:

>> >"Herman Rubin" <hrubin@odds.stat.purdue.edu> wrote in message
>> >news:cglhod$29iu@odds.stat.purdue.edu...
>> >> In article <1unoi0hn5746200rvmkq5ilh9c3kqouc47@4ax.com>,
>> >> GMCarter <noway@nowherenospam.com> wrote:
>> >> >On 24 Aug 2004 14:48:46 -0500, hrubin@odds.stat.purdue.edu (Herman
>> >> >Rubin) wrote:

                         ...................

>> When I retire, NONE of my retirement income will come from
>> the state. Most state universities participate in a private
>> retirement plan.

> The money came from the public. TIAA-CREF simply invested it for you.

And Bush is proposing that people can choose investment plans
for a fair portion of their contributions.

Also, the state universities compete with the private ones.
If the state universities discontinued their research and
scholarly activities, the private ones would take over the
slack and, while many weak students might no longer get
college degrees, real education, scholarship, and research
would not be seriously affected. 

-- 
This address is for information only.  I do not claim that these views
are those of the Statistics Department or of Purdue University.
Herman Rubin, Department of Statistics, Purdue University
hrubin@stat.purdue.edu         Phone: (765)494-6054   FAX: (765)494-0558

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