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**Quonuttott** · 08-04-2011, 12:48 AM

The stock market has nothing to do with retirement, but I can see why the government says the people are to stupid to save for retirement. Through your working life you put money away and you put it in many different places to spread your risk, if anyone even today has all their money strictly in the stock market their why the government is right, people are to stupid to save for their own retirement.

The crash of the stock market mainly hurt rich people. Everyone else was hurt because they kept their money in banks, and the banks consequently went under after wall street crashed. Were people stupid to keep their money in the bank? Even if they kept their savings spread across 5 different banks, they all probably failed. My family has a history of owning land. My family (great grandparents) made out pretty well during the depression.

I didn't vote for Obama Irrelevant. I didn't vote for him either. You're still an American as am I. Its 'our' government that is fucking things up whether we voted for who is in office or not.

Wow, have you been watching your Dem's at work, I mean they are really attacking the budget these days, yet it's the Pubs that are making all the cuts and it's the Dem's trying to stop them. You liberals make up crap that I just a big belly laugh out of. The main republican plan seemed to be privatising retirement accounts, putting everyone's money all in wall street, which is exactly the wrong direction since that's basically repeating history from 1929 only through government encouragement. Republicans are also head over heels at cutting cutting cutting taxes, but never really get around to cutting spending. And conservatives still vote for that shit. You cannot continually cut taxes, leave spending intact, and claim to be fiscally conservative. The house bill the republicans are passing contains 98% of the spending that the dems want. The republican-approved budget has a 1.589 Trillion dollar deficit.

I'm not really sure where you are going with the pot comments, the only pot I use is the one I cook in.

08-04-2011, 12:48 AM	#28
Quonuttott Join Date Oct 2005 Posts 434 Senior Member	The stock market has nothing to do with retirement, but I can see why the government says the people are to stupid to save for retirement. Through your working life you put money away and you put it in many different places to spread your risk, if anyone even today has all their money strictly in the stock market their why the government is right, people are to stupid to save for their own retirement. The crash of the stock market mainly hurt rich people. Everyone else was hurt because they kept their money in banks, and the banks consequently went under after wall street crashed. Were people stupid to keep their money in the bank? Even if they kept their savings spread across 5 different banks, they all probably failed. My family has a history of owning land. My family (great grandparents) made out pretty well during the depression. I didn't vote for Obama Irrelevant. I didn't vote for him either. You're still an American as am I. Its 'our' government that is fucking things up whether we voted for who is in office or not. Wow, have you been watching your Dem's at work, I mean they are really attacking the budget these days, yet it's the Pubs that are making all the cuts and it's the Dem's trying to stop them. You liberals make up crap that I just a big belly laugh out of. The main republican plan seemed to be privatising retirement accounts, putting everyone's money all in wall street, which is exactly the wrong direction since that's basically repeating history from 1929 only through government encouragement. Republicans are also head over heels at cutting cutting cutting taxes, but never really get around to cutting spending. And conservatives still vote for that shit. You cannot continually cut taxes, leave spending intact, and claim to be fiscally conservative. The house bill the republicans are passing contains 98% of the spending that the dems want. The republican-approved budget has a 1.589 Trillion dollar deficit. I'm not really sure where you are going with the pot comments, the only pot I use is the one I cook in.
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