That is a screwed up policy that consequences are known.

The child hits 18 and either goes out on the street to buy crack, or spends it frivolously.

I have a 300,000 life insurance policy I took out on myself for my 2 children.

I did this when my daughter was born.(1993).

It goes into a trust fund I have set up.

They can put money in, but can't get to it until they are 21, or I get killed.

That's good foresight, I think.

It earns interest for them in the mean time.

So, I through money in it once in a while.

It doubles as a savings account, and a trust fund.

I do not think that the government should do this for us.

I get the idea and concept, but question its true intent.

Plus, at the moment, we are in financial peril.

WTF???

Lets get all these new programs and such, and pay for it all with debt.

Reminds me of the cash for clunkers all those idiots bought into.

The hole has been dug so deep, you can't get out of it.

Best

T