The Motley Fool Discussion Boards
Retirement Discussions / Retired Fools
|Subject: Re: Is your 401(k) Inadequate For Retirement||Date: 8/3/2008 9:46 PM|
|Author: ChurchyLaFemme||Number: 13794 of 20226|
Save us the rhetoric. The government made a very *significant* contribution to the problem:
Given that a lot of government heads of agencies come from the same backgrounds as Wall Streeters and their fellow travelers, that's not surprising. It's the same crowd of people. They just move south a couple of hundred miles.
Taking 'em from Wall Street and putting 'em government doesn't make 'em dumber. They were dumb to begin with.
Government's run by people. In this case, it's the same general crowd as the private sector "Wunderkinder". You put stupid people in, you get stupid results. The US is a nation designed by geniuses to be run by idiots. Sadly, the Founding Father's woefully underestimated the depths of stupidity that humans are capable of.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|