On the initiative of President Bush, partial privatization of American pensions is on the way to ratification. How do you think, what was it designed for? Don't know exactly why, but I don't trust George Bush anymore. Did it come to you that the pension reform was only brought up to conceal a mass embezzlement of retirement funds for the war in Iraq. Looks like, thus pension funds had been mostly cleaned out by higher military ranks or drawn against by companies close to the White House. Anyway, it was a clever stroke, as President is no responsible bankrupt private companies. There will certainly be one more financial failure scandal comparable to that of Enron failure. Do I need to specify that in the result of the framed pension privatization hundreds of thousands of people will be deprived of a warm existence in their old age? I'm 52 and personally I don't wanna be beggar after retirement.