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Dubya wanting to convert social security to the stock market?
10-13-2012, 09:41 AM
Post: #7
punytown959 Offline
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You are exactly correct.

Social Security is an insurance program to supplement private investments. If you eliminate the insurance program and rely solely on investments, you sink with everyone in the market.

The funniest thing was that, while he was president, Bush planned a tour of the U.S., speaking in favor of privatization. After each speech, public support for his position dropped. He inadvertently talked people out of the position he was supporting.

We may never know if Bush was an ignorant bumpkin or an evil manipulator. My guess: a little of both.
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Messages In This Thread
[] - PJ - 10-13-2012, 09:41 AM
[] - kerfitz - 10-13-2012, 09:41 AM
[] - Call Me Bwana - 10-13-2012, 09:41 AM
[] - William K - 10-13-2012, 09:41 AM
[] - Grammar SS - 10-13-2012, 09:41 AM
[] - punytown959 - 10-13-2012 09:41 AM
[] - shera_42 - 10-13-2012, 09:41 AM
[] - MikeGolf - 10-13-2012, 09:41 AM

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