Off Topic — HabitableZone

Off Topic » in reply to Social Security

It's called "privatization", aka "looting".

That will just dump money into stocks, driving up prices, and not adding value. The key there is "not adding value".

Sort of like the FHA and homes. The available supply of money to buy houses simply drove up the prices.

With stocks, the prices go up, CEOs rake it in, share it with Rs, everyone's happy. Need a tax cut on the gains, though.

Stocks go down, CEOs rake it in, share it with Rs, folks are unhappy, no one cares. Need the tax cut on those gains more than ever.

Nope, that pile of money called Social Security is driving 'em nuts. They remind me of the Mafia on the waterfront - or rats at a grain silo - or oil barons in Alaska - maybe the Middle East - there just has to be a way to get at that pile.

Even though in some cases it's illusory, it spends.

Arf

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