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+--- Thread: Why should we trust people who promoted allowing people to invest thier social security in the stock market? (/thread-6780.html)
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Why should we trust people who promoted allowing people to invest thier social security in the stock market? - Blessed Cheesemaker (cancelled) - 10-12-2012 08:18 AM
It would be nice to pretend that the republicans are full of great economic ideas that benefit the country, but time after time, they present plans that turn out to be devastating to people.
So why on earth should they be trusted now?
ie:
SSI investment in the market.
Deregulation of Insurance, Mortgage and Banking industries.
Free Trade
Deregulation of Outsourcing to increase competition
etc....
- serf - 10-12-2012 08:27 AM
I think, when it comes to my retirement, I should be able to invest my money however I want. It's not like I'm ever going to see a dime from SS.
- big E - 10-12-2012 08:27 AM
What about trusting the people that promoted the Fair Housing Act? Can you really say they are better.
- Julie S - 10-12-2012 08:27 AM
That one was a very poor idea. I would never trust that idea and I never did. Bush was promoting it. It did not pass thank goodness.
- Town Hall Junkies - 10-12-2012 08:27 AM
So give our retirement to the govt. who's already borrowed so much money against it that it's bankrupt!
Smart person you are!
- Angry mobster - 10-12-2012 08:27 AM
NO! They promoted people deciding for themselves what to do with their own money! WHo the hell are you or anyone else to say what you will allow or not allow people to do witrh their own property?
- Your Assistant - 10-12-2012 08:27 AM
Yeah, I wonder right now if that had been the case and that had passed what all the people who are elderly would be doing when their social security in private markets was drained. We would be back in 1935. That is what the republicans want.
No government.
I say, leave my country right wing. Leave MY country.
- Steven - 10-12-2012 08:27 AM
No they promoted privitization of social security, which would stop the government from borrowing our retirement money and leaving an IOU.
- Ms. Minerva - 10-12-2012 08:27 AM
Good point.....I wouldn't trust them to manage the funds from a church bake sale....
- future - 10-12-2012 08:27 AM
It would have taken a huge drop in value - but I don't know if that's any worse than it disappearing into the massive black hole of our national debt - like it has.