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+--- Thread: Does Really Our Great Legendary President George Bush Want People Gamble Their Social Security on Stock Market? (/thread-9358.html)
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Does Really Our Great Legendary President George Bush Want People Gamble Their Social Security on Stock Market? - Poly_777 - 10-14-2012 03:10 AM
Want People to Gamble ...
- Megs - 10-14-2012 03:18 AM
Legendary for what? Being the first mentally handicapped, appointed President of the US?
- Rob2032 - 10-14-2012 03:18 AM
bush is smart. not handicapped like obama
- Bridget D - 10-14-2012 03:18 AM
Through privatization yes. And no, no no to gambling away hard earned money.
Investing in stocks would expose one's retirement nest egg to the fluctuations of the stock market. Fixing the current system while maintaining its basic character may seem a lot less risky. After all, your retirement security will be assured by payments from the government as opposed to being dependent on the performance of the financial markets.
But remember what you're really counting on is that future generations of workers will be willing to pay your retirement benefits in the future with their tax dollars. If that burden becomes too onerous, who's to say future Congresses won't scale back benefits.
WHO knows now???
- John G - 10-14-2012 03:18 AM
If there is a better place to invest your money other than real estate or drugs, please let the rest of us know?
- Sec Educashun - 10-14-2012 03:18 AM
Yep, just another great way to transfer their wealth to the rich. Thanks Republicans!
- Roadkill - 10-14-2012 03:18 AM
If it is MY money that I earned, why can't I have a say where it is invested?
From the way the social security fund has been raided by the federal government in the past, I'm not so sure that a bad stock investment wouldn't give a better return!
- Roadkill - 10-14-2012 03:18 AM
The difference between the stock market and the casino is the stock market has player's odds. What we saw happen today in the market just means that the time to buy is getting sooner.
- Richie - 10-14-2012 03:18 AM
Yeah, he's a crumb-bum. The math is rather complicated, but it essentially amounts to Bush taking money from the poor and giving it to the rich who didn't pay all their taxes to start with.
- Darwinall - 10-14-2012 03:18 AM
Well, he's always wanted to put more of people's money into the stock market so he can remove safeguards and regulations to let the rich play with OUR money, OUR stock market, and OUR national economy. We can all see how well that has worked out.
Oh, wait, now they are using OUR money to bail out the banks, etc., because we actually can't let them fail and ruin our economy.