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Re: Dems Target Private Retirement Accounts

By: ribit in FFFT | Recommend this post (0)
Sun, 10 Nov 13 10:48 PM | 37 view(s)
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Msg. 57657 of 65535
(This msg. is a reply to 57624 by Zimbler0)

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zim
...ocu would be tickled to death to have obonzo invest social security in things like Solyndra and Tesla.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Re: Dems Target Private Retirement Accounts
By: Zimbler0
in FFFT
Sun, 10 Nov 13 8:02 AM
Msg. 57624 of 65535

OCU> We were NOT talking about the BEST multinational companies to work for, but rather the ones which the Social Security trust fund would end up being invested in.


Actually, OCU,
The BEST multinational companies to work for ARE
the best ones to invest retirement funds in.

Believe it or not, I do not think social security
investment moneys should be handed over to 'Koch
Brothers or Sheldon Adelson'. Nor should they be
turned over to anyone obamba or frank or dodd might suggest.

Think Vanguard and low cost index type mutual funds.

What I would like to see . . . .

1.) S.S. takes bids and arranges for low cost
. . . purchasing of large blocks of stocks.

2.) SEC generates a list of the larger American
. . . corporations that are large enough and
. . . profitable enough. The tickers are printed on
. . . poker chips and put in a drum.

3.) S.S. - in strict secrecy - pulls the chips out
. . . and places its orders. For stocks and bonds.

Repeat as necessary.

Anybody who tries to buy before S.S. goes to jail.
(Insider trading type activity.)

Social Security needs to morph from the Ponzi scam /
politicians slush fund into a genuine stock and
bond mutual fund. Where a workers mandatory payroll
deductions purchase shares which the worker actually
owns and their heirs and survivors can inherit.

Zim.


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