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Re: Dems Target Private Retirement Accounts

By: Zimbler0 in FFFT | Recommend this post (0)
Sat, 09 Nov 13 1:03 AM | 46 view(s)
Boardmark this board | Food For Further Thought 		Msg. 57560 of 65535
(This msg. is a reply to 57537 by oldCADuser)
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OCU> So you're suggesting that if the Social Security 'trust fund' was handed over to someone like J.P. Morgan


Again, off on a tangent.

Quit acting like obamba and trying to blame somebody
else for the problem.

Recognize the problem, and suggest a real solution.

No, I do not believe that entrusting America's
retirement assets to thieving bankers is a good idea.
But, neither is 'investing' America's retirement
assets in an organization which has no concept of
fiscal responsibility a good idea either.

Let me see . . how to explain things to . . . hmmm

"… the government defaults on Treasury Notes..."
. . . . and Social security is bankrupted.

"…China stops buying our paper…"
. . . And the treasury notes lose most of their value.

"…the Saudi's (and the rest of OPEC) decide to
barter oil in something other than dollars…"
. . . . Same thing.

Out of curiosity . . .
What would happen if Social Security surplus was
invested in multi-national corporations?

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: Dems Target Private Retirement Accounts
By: oldCADuser in FFFT
Fri, 08 Nov 13 9:38 AM 		Msg. 57537 of 65535

So you're suggesting that if the Social Security 'trust fund' was handed over to someone like J.P. Morgan and then these same events took place, such as…

"… the government defaults on Treasury Notes..."

"…China stops buying our paper…"

"…the Saudi's (and the rest of OPEC) decide to
barter oil in something other than dollars…"

…that somehow the value of that 'trust fund' would NOT be impacted, EH?

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