UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: oneplez Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74840  
Subject: Re: Social Security Date: 10/24/1997 11:53 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Amen!

Have you read about the latest stupidies being perpetrated on 401k's by their owners?

The story was in the WSJ and shown on Brokaw's news show. People are pulling funds out of 401k's as 'loans' and buying goodies like boats, trampolines, vacations and etc. When asked about their retirement future, one of the bozo's said she didn't have time to worry about the future or the future is now! For all the reason's you cited and the above I'm against privatizing SS.

But, as congress made up its mind that the COLA was being overstated, because a group of truth-challenged economists said so, and reduced the COLA. So now they are being told that SS privatization is good, because a group of truth-challenged accountants and brokers are telling them that, that is so, they will probably privatize SS. Then, what happens to those mentally challenged bozos whose future is now? Why congress will be told by a group of truth-challenged liberals that we must provide a governement Social Security program similar to that developed in the 1930's, for them!
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Feste Award Winner Announced!
Congrats to the Winner of the 2013 Feste Award!
Post of the Day:
Berkshire Hathaway

Why Should Berkshire Hathaway Survive?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement