You seem to have a problem with reading comprehension. I've never said you were in personal control of the investment. In fact, based on your earlier statement, I inferred that it was being managed by someone else. My point, which still stands, is that whoever let an investment (I infer we're talking about money invested in the stock market, since that is how this part of the thread started)decline 70% in value wasn't doing a professional job. And heck, while we're talking about it, this 70% decline is based on what? The value in the 1st quarter of 2001? If so, the high point would be based on a number that was driven up on the same greed you're lambasting now. Was it OK as long as it was making money for you?
But now you've got me confused. If the government isn't qualified to provide oversight to the stock market, what makes you think they're qualified to manage the retirement funds of the citizenry?
You can have the last word on the topic. I've got a table to put together.
todd