If Bush had been successful privatizing Social Security would we be bailing it out right now?
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12-22-2012, 11:37 PM
Post: #2
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A successful Social Security program would have at lest been partially privatized when the market was at 400 in 1932.
If there was ever an opportunity to make it a successful program again, it is while the market is low, floating consistently between 8,000 and 9,000. What is the gain as measured against 400 and 8,000 represent over some 70 years? Think it would have kept the system solvent through the downturn? I'd prefer being poor and free rather than being a comfortable slave. Social Security has been in the hands of "incompetent and corrupt crooks" since the 1930's. If my Social Security is going to wind up in the market, as it did in the recent "bailout" I would prefer to have the ability to choose the "crook" I voluntarily trust as opposed to having no choice at all. Ads |
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Messages In This Thread |
If Bush had been successful privatizing Social Security would we be bailing it out right now? - wyldfyr - 12-22-2012, 11:29 PM
[] - crunch - 12-22-2012 11:37 PM
[] - Obama W. Bush - 12-22-2012, 11:37 PM
[] - Wooglet Voot - 12-22-2012, 11:37 PM
[] - The Breeze - 12-22-2012, 11:37 PM
[] - truthistrue8 - 12-22-2012, 11:37 PM
[] - Mephistopheles - 12-22-2012, 11:37 PM
[] - Roderick B - 12-22-2012, 11:37 PM
[] - correrafan - 12-22-2012, 11:37 PM
[] - CAPTAIN BEAR - 12-22-2012, 11:37 PM
[] - crookedbed895 - 12-22-2012, 11:37 PM
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