To: Toddsterpatriot
You mean like private accounts holding stocks and bonds? Disregarding the sarcasm and cynicism in your post, we can expect that bonds in the SS fund will be backed up by stocks and/or bonds about the same time that bonds held by banks in Russia, China, India, Venezuela, et al., are backed up by hard assets like stocks.
IOW, never.
48 posted on
12/29/2006 9:00:40 AM PST by
MurryMom
To: MurryMom
Disregarding the sarcasm and cynicism in your post, we can expect that bonds in the SS fund will be backed up by stocks and/or bonds about the same time that bonds held by banks in Russia, China, India, Venezuela, et al., are backed up by hard assets like stocks.You misunderstand. If private accounts held stocks and bonds, there would be no need for bonds to be held in the SS fund.
49 posted on
12/29/2006 9:04:18 AM PST by
Toddsterpatriot
(If you agree with EPI, you're not a conservative!)
To: MurryMom; Toddsterpatriot
You mean like private accounts holding stocks and bonds?
Disregarding the sarcasm and cynicism in your post, we can expect that bonds in the SS fund will be backed up by stocks and/or bonds about the same time that bonds held by banks in Russia, China, India, Venezuela, et al., are backed up by hard assets like stocks.
IOW, never.
Interesting list there: Confirming, by the way, her preferred economic models are all in (failed) socialistic countries. Note that she recognizes that this will also fails
HER choice is government OWNERSHIP of the social security bonds (and PRIVATE retirement money - as proposed ALREADY by democrats!) to have the government own (dominate) the stock market.
70 posted on
12/31/2006 7:52:23 AM PST by
Robert A Cook PE
(I can only donate monthly, but Hillary's ABBCNNBCBS continue to lie every day!)
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