The Cellar - View Single Post - Time for some real discourse on Bushland part 2

Elspode · 11-12-2004, 12:25 AM

OH...I see how this is going to work!

Everyone invests their SS money in relatively safe accounts, like a 401k type fund. Then, the market goes South again in a big way, and all that SS money bleeds out of people's individual accounts and into the pockets of the already rich, right? Sweet.

I'm somewhat skeptical of this deal since I had $15,000.00 in a 401k, *very* conservatively invested, that got turned into $6,000.00 thanks to the dotcom bust.

Yeah, I'm sure Dubya's supporters are salivating at the thought of getting their hands on all that cash somehow.

11-12-2004, 12:25 AM	#37
Elspode When Do I Get Virtual Unreality? Join Date: Dec 2002 Location: Raytown, Missouri Posts: 12,719	OH...I see how this is going to work! Everyone invests their SS money in relatively safe accounts, like a 401k type fund. Then, the market goes South again in a big way, and all that SS money bleeds out of people's individual accounts and into the pockets of the already rich, right? Sweet. I'm somewhat skeptical of this deal since I had $15,000.00 in a 401k, very conservatively invested, that got turned into $6,000.00 thanks to the dotcom bust. Yeah, I'm sure Dubya's supporters are salivating at the thought of getting their hands on all that cash somehow. __________________ "To those of you who are wearing ties, I think my dad would appreciate it if you took them off." - Robert Moog