Posted on 09/21/2008 12:45:52 AM PDT by Jim Robinson
Barak Hussein Obama today laughed and said John McCain wants your social security invested in the stock market. How would you have liked your social security invested in the stock market this week, he asks? And his liberal Democrat audience howled in approval of his financially astute remarks.
But wait. Not that the stock market did all that bad this week, but we don't invest our retirement funds week by week. They're there for the long haul. In the long run, the stock market returns 9% to 10% annually on your investments. They say your Social Security account returns approx 1.5% annually. I don't know how they calculate that though, seeing as how the social security lock box is empty. Your social security account is zero. It's nothing but IOUs. And those government IOUs just got watered down this week by approx a trillion bucks.
No, I don't think I'll agree with Obama on this one.
Pauli will come steal it from under your bed
Don’t forget, you decide when you want to start using it.
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