No. of Recommendations: 10
Gore needs some serious Education on math and
the effects of Compounding!!

Gore criticized Bush for his plan to allow 1 out of every 6 dollars to be invested in the market, and he Questioned how this could EVER work.

HEY GORE!!! WAKE UP!! The social security trust (earning a measly 2% per year) will DIE HARD if you DO NOT look for better returns. Bush will show you how to turn 1 Trillion dollars into 3 Trillions dollars in 12 years with an average return. Come to the Fool and learn about Compounding!!

By the way... the other funny thing was how Gore made the numbers seem dramatic. He said 43% of Bush's tax cuts will go to 1% of the wealthiest of the population. Well, I can see that is true because Bush's tax cut will be the same % cut for everyone (without discrimating). So 5% of 1 million is of course much more than 5% of $50,000. So What?

If Brother A inherits $100,000 and Brother B inherits $100,000. Brother A spends most of his money on Boats, Beer, and Boobs. Brother B invests his money and grows it to $1,000,000. Brother A is below the inheritance tax limit when he dies, but 50% of Brother's B money goes to the government because he was too SMART with his money. Sucker!!

We need Bush in the Whitehouse to get this mess straight.

Sorry about the opinion post. I just don't understand why everyone in the world does not share my opinion. The world would be a much happier place if they did - for me anyway. :)

Good luck, all
the hendrys
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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 Glassdoor #1 Company to Work For 2015! 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