Quote:
Originally posted by Sunshine McGillicutty
3 years ago the Republicans wanted to force people to invest their social security money in the stock market. What would have happened over the last 3 years had they suceeded? I thought so.
Lying again.
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In all my years of surfing the web and reading people's thoughts, this is arguably the singular most stupid thing I have ever seen. Its one thing of course for the Democrats to repeat this every day, (gets em votes with the plus 90 crowd without too much cerebral matter left) but you mean people actually believe this???
What the Republicans wanted, was for you and I to OPTIONALLY allocate 5% (or so) of our retirement in broad sectors of the U.S. economy, a strategy that over any 10 year segment of the history of the U.S. would ALWAYS yield a profit.
Don't know about you but my 401K is doing great, up around 10% this year. Any idiot dumb enough to have his entire future invested in tech stocks deserved to be separated from it - clouds up the gene pool, in my opinion, and maybe if he is poor he won't breed.
You left off the part that letting people invest around 5% in stocks would save the system. Absent that, it runs out of money in about 30 years.