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#21
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I'll counter the WSJ op ed with another op ed, here: http://www.nytimes.com/2011/08/01/op...t-ceiling.html And this, "Why the market gods are angry" http://www.huffingtonpost.com/dylan-..._b_918934.html
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |
#22
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![]() You know, we already did this. It was called the Great Depression. After a couple years when the economy started to look like it was improving, FDR tried to cut spending in response to deficit hawks in 1937, and the economy tanked, and we were screwed for 10 years in Depression.
We literally are repeating the same mistakes. The exact same mistakes. Unbelievable. http://thehill.com/blogs/floor-actio...eral-workforce Quote:
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |
#23
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You earned your Eagle Scout Moron Badge with this one. |
#24
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![]() LOL - naw. I'm not the one that thinks SS needs to be eliminated, and our retirement privatized and put into the stock market. Brilliant fiscal policy you have there
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |
#25
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BTW there are a variety of investments that DO NOT involve the stock market and in fact a responsible portfolio changes as one ages from primarily stocks to primarily bonds. But again you know that and are just playing dumb to fit in Obama's wacky world. Right? Or are you that ignorant for real? |
#26
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#27
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Answer: They have not. They've lost too much value. You want to hand our "safety net" - not our primary private retirement funds (feel free to invest according to 1980 advice as ever you want) but the "safety net" - over to Wall Street? LOL Quote:
You don't even have a clue what has just happened in Washington with this ridiculous debt "crisis" nonsense. Why is the market falling? Hint: it's not because of anything associated with "the deficit".
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts Last edited by Riot : 08-05-2011 at 12:18 PM. |
#28
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![]() nice slip... add 6 more zero's to that.
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#29
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![]() It's laughable that folks like Dell have only woken up to the state of the Social Security Trust Fund recently, when it was a central voting issue in the 1990's and 1980's.
In spite of Dell's sudden fear that money is gone forever, (and his confusion of cash-on-hand cashflow affecting monthly payments with Trust Fund issues) the truth is that the US Government has made good on every single claim for SS, never missing one payment. The only way that money is "gone forever" is if the United States is gone.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |