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View Diary: Americans' Retirements Are in Tatters. What Does That Mean? (129 comments)

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  •  No, Harkin proposed an invested fund that grows. (0+ / 0-)

    SS is not invested in the marketplace.

    •  Bernanke has called for SS to be in the market. (2+ / 0-)
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      Another Grizzle, BusyinCA

      It is the last pot of money they can get their hands on.  It is burning a hole in politicians pocket. Wall street is drooling at the prospect.   They will do anything they can to get their hands on it.  if the governments invest it in the market and the market falls --- like it was doing from the day Bush Jr was declared the winner of the 2000 election......

      I was in the market back in those days and every day I charted the market.  Before his first year was out...I had used so many pages of graph paper to show how bad the market had fallen throughout his first term.  I eventually had rolls of paper that would go across the living room floor.  People don't realize how much Bush was a failure and then BOOM 911 happened.

      We don't need SS invested in the market.

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