Your Daily Politics Video Blog: One of the most entertaining things about the 2008 campaign has been watching John McCain embrace all of President Bush’s policies and word game flimflams. And there’s no better example than Social Security where McCain has not only adopted President Bush’s proposal to phase out Social Security and replace it with private investment accounts he’s even adopted Bush’s word game bamboozlement to try to trick voters into thinking he doesn’t support the policy he actually does support. Those of us who are about to talk straight, Salute You!
Duration : 0:5:2
25 Comments
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You have to take a …
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We here at TPN …
We here at TPN believe the government should be allowed to steal as much as possible from the American people through the ponzi scheme known as Social Security
What is your argument for Social Security? How can it possibly be better than privatization? How can SS continue?
Anyone that …
Anyone that believes a ponzi scheme will work is an idiot
Who wouldn’t want …
Who wouldn’t want SS privatized? We sure cant trust the government to not steal.
and we march …
and we march forward towards te NATIONALISING OF PRIVATE BANKS - quick history lesson question - what other countries have done this?!
maybe it should be …
maybe it should be privatized, with a person’s name on the account, cuz then the government couldn’t constantly dip into the funds for the program, thats why its going broke, not lack of money going in, too much going out when its not even supposed to!
The biggest liar of …
The biggest liar of them all and he needs to be voted out next election.He’s not owed anything-cause he never did anything worthy of electing him in for!Besides-we really think he’s a little senile.Mostly for the Bush types he hangs out with!
nesnman, you asked …
nesnman, you asked us if we wanted to know what its worth now and then you told us…..
what it was worth in 1999…… when tech stocks were at their peak. As for blaming Obama, Videotime, if you know anyone on wall street who is taking massive losses selling at a time when prices are falling through the floor because there are no buyers just to avoid paying an additional 3% of taxes…… they probably need to find a new line of work.
Well that person is …
Well that person is an idiot, you can’t place sole blame for economic crisis on one person. It started long before Obama.
Do you know anyone …
Do you know anyone that work on Wall St? I do. They do blame Obama for the market downfall. Many investors are selling off before the tax increases.
I do understand …
I do understand that the Market is long term. I just don’t see myself investing at this time, considering the uncertainty of which businesses may or may not exist at the end of this economic crisis.
How in the name of all that is holy or unholy can one man be the entire reason that the market has tanked.
Your statement that Obama is the reason the market has tanked, is unwarranted and without proof and dare I say Retarded. So please fornicate yourself with a rusty pipe
The stock market …
The stock market works for everyone. It’s long term. If you don’t understand that then you shouldn’t be invested. I am and I have also done very well. Obama is the reason the market has tanked.
That is great that …
That is great that your investments have worked out for you, but like you state in another post in 1999 when the Technology Stocks were at their highest was 2.7 million. But what about now after the 9/11 stock crash and the current economic crisis. If you were take out your money (which i don’t think you want to at this point) how much taxes would you have to pay on it.
mccain is a liar
mccain is a liar
Well, Good luck …
Well, Good luck with Social Security. My Broker purchased Microsoft Stock for me in 1986. . He invested $10,000 in Microsoft stock in 1986 and in 1999 it was worth around 2.7 million.
I am talking about …
I am talking about the lamest and the market, for the average person the market just looks bad, for people that knows how deal with it and come up on top then it is their perogative to take care of their future that way, but for JOE SIXPACK that only cares about something when their time comes then a simple savings account does just fine.
You look at the …
You look at the market short term. Don’t invest in it then. By the way . I purchased stock starting in 1986 including shares of Microsoft. Would you like to know what it’s up to now?
that is exactly my …
that is exactly my point, if I know now that in 40 to 50 years there will be no money for the my generation then why keep going with this flawed SS system, I would not invest in the market with what I know now, but there is the certainty that a long term savings would do even better and taxes would be only on the interest since the rest has already been taxed, in the end, my money, my decission. Why my money, their decission, then me no money?…lol…simple
With the …
With the instability in the market right now. Yes, I am 23 and I follow the market Mad Money is my favorite show. I wouldn’t trust placing my hard earned money in the market at the moment. To tell you the truth, I don’t think either party can fix Social Security, the Baby Boomer Generation will pretty much tap it, leaving the X and Y generation with little to No Social Security and then my generation and generations after mine, will be left out cold. We don’t need to fix, we need a NEW plan.
You do realize that …
You do realize that by investing in the stock market you are taking a HUGE risk especially now with economic uncertainty. Even IF the market was stable, sure that money you invest now, down the road would be a lot of money. But you have to understand the market, potential stocks may not be there 40 to 50 years from now. When you do decide to take money out of your stock IF it is worth anything,it will be highly taxed depending on how much you take out. So don’t be fooled by the republicans.
To tell you all the …
To tell you all the truth, when I hear that I will not have a social security check when I retire does me off so much, after I have paid so much into it since I was 16, 12 years so far and nothing for me when I am 66 or 67? Give me my money now, and I will take care of me for the future, I can add to my 401K, put it in a long term savings, what ever!!! the point is that if I have nothing when I retire, it will be because of me not because the government lost my money.
its liberals not ” …
its liberals not “iberals” and im proud to be a liberal, i love it! I wouldnt want to be known as a conservative thats another word for head and a loser, its been going around and the name is sticking… just like . So congrats on being … head