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Why would McCain invest social security revenues on Wall Street stocks ? - Printable Version

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Why would McCain invest social security revenues on Wall Street stocks ? - ALL AMERICANS - 02-03-2013 02:29 PM

Why would McCain privatize social security on wall street ,who will invest it into unsecured loans the same wall street that went down 500 point this week in a meltdown ?


- the ole Redhawk - 02-03-2013 02:37 PM

the stated reason: because the Market goes up over long periods of time, such as over a typical worker's 40 years. The downs happen in short runs, but not over long time, it always goes up.

the real reason: More money put into stocks will make stocks go up. Making people that own stock now wealthier. The more stock you own...the richer you will get.