Facebook destroys Republican myth of privatizing social security panacea

We should ignore the data from hundreds of millions of people when setting public policy and instead rely upon a handful of anecdotal experiences from anonymous internet posters.

 

You are making quotes for him, before he even said anything, so you can argue against his positions that you made up?

Wow.

 

OK then, how about government mandating folks save 6% to their 401K accounts instead of just taking it and throwing it into the SS black hole?

 

No, it's much better to listen to clowns like Barack Obama and other political hacks when they tell us we need to borrow three quarters of a trillion dollars to *stimulate* the economy, or to listen to them regarding a health care scam when the last scam they started had cost overruns of over 800% in the first quarter century of existence.

 

That would involve the state ceding power and control, something most pointy-headed liberal cretins are vehemently opposed to.

 

It's a clear sign of desperation and dishonesty, par for the course for liberals.

 

No.

We should make people (*)(*)(*)(*)ing responsible for themselves, their sustainability, and their life planning.

Its not a complicated concept.

One size does not fit all. Trying to make it that way BY FORCE, and mandating people operate by your rules to save somebody else is more collectivists non-sense by people that haven't figured it out yet.

I would be ready to lay $1,000 bucks on the table right now that you have nothing, not a dime saved for retirement.

 

Of course it's about freedom. Freedom to control your own money and your own destiny, rather than have politicians confiscate that money under false pretenses.

 

Buncha crap.

 

As decided, planned, and implemented BY FORCE by people like Jebediah. You guys are starting to sound more and more like Hitler on a daily basis.

These collectivist are getting out of control.

 

If you follow how people whipsaw their 401K funds in and out of stock funds you would realize why that isn't a good idea either. After a market crash 401K funds flow out of stocks. Once the market recovers they start to flow back into stocks. Basically they buy high and sell low.

Link.


See what I mean?

 

Really?

The stock market evaluations, like the DOW-Jones averages constantly rise because when a stock goes too low or to zero, they simply remove it from the ever-rising "average".

I'm a millionaire on paper when I consider all my Las Vegas casino winnings and ignore the losses!

 

Sorry, I don't deal in phony analogies about Las Vegas. I deal in REALITY. And the reality is this: overall, the stock market is a far better investment than letting the government take and reappropriate the money I work for.

Simple fact. There's no amount of babbling, shucking or jiving you can do to change that.

 

Wow, what a devastating rebuttal!

HAHAHAHAHAHAHAHAAHAHAHAHAHAHA!!!!

 

ROFL!

That is all the O.P. has??? The "Granite Bay" woman lives in the most expensive part of the entire Sacramento / Placer County area. I know, I had a house there next to one of the Sacramento Kings.

Let's take Galveston, TX who was allowed to opt out of the less than 1% return which Social Security provides. Over the the last few decades they receive over a 20% return on their retirement. Chile as a country has seen the privatization of their retirement pay huge gains for the citizens.

You are taking one stock and one event... the thread example is crap. Retirement is a long term event, and in the long term private investments CRUSH Social Securities horrible returns. SSI does not even keep up with inflation.

 

Only fools and con men think that it's a good idea for idiots to invest their Social Security money in the stock market. For one thing there aren't that many worthwhile stocks to invest in. And then there's the problem of what happens when everyone starts trying to liquidate at the same time. On top of that anytime the con men need a $Billion or so they simply say that your investment lost money and they pocket the difference. And when that isn't happening other crooks and foreign agents are manipulating the market for their own purposes.

 

It's clear you have no clue whatsoever how investing in the stock market works. I would definitely continue to be afraid, very afraid of the stock market if I were you. But hey, you can trust DC politicians with your money. Honest!

 

seriously??

what in the blue moon does any of that have to do with investing RISK CAPITAL? Could you please drop the ideology and apply common sense to at least this thread?

 

This is your thread. Will you at any point attempt to actually establish a link between privatizing social security and the Facebook IPO?

Did you not know that social security is in the red? Do you not understand what eventually happens when an entity continues to operate in the red? You clearly know nothing about social security and I'll bet you are equally ignorant about the Facebook fiasco.

Your awkward and clownish attempt to draw a parallel between the two issues without applying any sort of logic or supporting documentation is childish and embarrassing at best. But to then attempt to vilify the people who are looking for a way to address the certain and impending insolvency of the social security system is venturing down into the realm of retardation.

Reading the liberal posts in this forum makes it appear as if they are totally ignorant of how the capital markets even work. Of course total ignorance of a subject isn't going to stop a liberal from attempting to debate it.

 

The Government does that already. Its called inflation.

 

True. You look at the current multiples and then you plow TRILLIONS more in. What are the PEs going to be then? Yeah no one on the right has an answer for that conundrum.

 

As a practical matter all money belongs to the government. You only get to use it for a time.

You want to allow thieves to steal as much of it as they want whenever they want. That's what happens in the stock market. You are trying to deal with expert thieves and they will rob you blind anytime they want to. It's been that way since Joseph was in Egypt.

 

Deluded.....

 

Do you have a link? Who gave you the notion that any "RIGHT" minded person would have the slightest respect for Saverin?

 

He/she/it makes statements like that to stir the pot. Even He/she/it knows they are full of (*)(*)(*)(*) when they type it.