Skip to main content

View Diary: This Senior Citizen NAILED IT!!! (90 comments)

Comment Preferences

  •  MCR is the portion that is in dire financial (8+ / 0-)

    straits but it can be fixed with a couple of tweaks or so; if anyone wants to privatize SS, compare your guaranteed income vs what your 401K plan is going to do for you.

    •  It is STUPID, STUPID, STUPID (15+ / 0-)

      to rely on Wall Street for retirement funds.

      Especially now, when the Street can't figure out what's going on.

      My parents were children of the Depression.  They benefited from FDR's Great Society, and Dad served in WWII.

      Neither one wanted to "invest" on the Street.  They knew too well what they would eventually reap: penury.

      Over the past 30-odd years, the Democrats have moved to the right, and the Republicans have moved into a mental hospital. --Bill Maher

      by Youffraita on Tue Sep 13, 2011 at 02:50:36 PM PDT

      [ Parent ]

      •  stocks and bonds are touted for long (3+ / 0-)
        Recommended by:
        JanL, historys mysteries, skohayes

        range investment but an examination of the past 10 years reveals such volatility that the Street cannot be seen as a good investment

      •  oh, the Street knows what's going on, all right (0+ / 0-)

        what they're struggling with is how to hide it.
        They are like a kid caught in a lie. In a vain attempt to avoid consequences, they've doubled down on that original lie so much that there is no going back, no confession possible at this point. They're left with one strategy only; keep up the pretense; keep lying.

        But like that lying kid, the jig is up for them.
        All the political allies in the world won't keep reality from forcing its way into their construct. The game is over, and they know it. They hope you and I don't because there are still some residual dollars to be taken from us if we stay fooled.

        Class war has consequences, and we are living them.

        by kamarvt on Wed Sep 14, 2011 at 06:38:08 AM PDT

        [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site