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McCain Supported Investing SS in the Stock Market

Started by waterboy, September 18, 2008, 07:55:13 PM

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Conan71

quote:
Originally posted by guido911

quote:
Originally posted by cannon_fodder

quote:
Originally posted by guido911

CF, Where have you been?



New job.  Trial work.  I poke my head in now and then but do not have the time for monster posts anymore.  Well, not as often anyway.  

AND, I was at the TulsaNow Lunch yesterday.  Slackers.  [:P]

OH, and I didn't lose money this week. I had a wad of cash saved for just such a downturn and have since thrown it into the breach.  For better or worse, we shall see.



At some point we lawyers in this forum are all going to have to come out of the shadows.



Okay "come out of the shadows" that just sounds wrong.

"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

Conan71

quote:
Originally posted by waterboy

quote:
Originally posted by Conan71

George Bush? No. Bill Clinton. So much for the myth that Social Security privatization is a "partisan" or "conservative" issue.


http://www.cato.org/pub_display.php?pub_id=3961



Yeah, I always figured Clinton was more likely to accomplish conservative proposals (welfare reform) just like Nixon was able to effect some rather liberal ideas for his time (rent controls). Too bad Clinton's opponents were after his hyde, he was doing their bidding in many respects. Mayor Taylor is similar.

I have no problem with the scenario that BOKWorker laid out or you described. Hedging our bets with a voluntary investment that didn't exceed 20% of the total would be a good start. If it were repackaged and re-introduced it would gain bi-partisan support. In fact, I believe this proposal goes back even farther, just can't remember who.



Clinton carried a fair amount of water for the conservatives.  I've never been clear if Starr was the GOP's way of flexing their muscle to try and keep him reined in or what.  I still think Whitewater and the impeachment were an incredible waste of taxpayer money and waste of attention from real issues facing us at the time.  The GOP seemed bent on retribution over Watergate and Iran/Contra.

The proposal might go back further, likely not as far back as FDR, though. [;)]

"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan