Bush's plan is opposed by majority people. But he tries to play with tricks. whatever the new plan h
The old thread "Howard Dean screamed" was locked. I think it is about the messages about social security which I am posting. Will that mean a new social security project will be announced and be passed quickly like the nomination of Supreme Court camdodate Roberts? But it will be like what I have said:
"Bush's plan is opposed by majority people. But he tries to play with tricks. whatever the new plan he proposed, one thing is for sure: 1. He needs money(fund). 2. The money is from Social Security fund. 3. And that fund will be put into the stock market to save it from collapsing. "
13. Fallacy (9/12/05)
Fallacy 1. "Politicians stole all the extra SS tax money and spent them in the general fund for their own purpose."
Answer: The surplus of S.S. tax are now in the form of "I.O.U." which is no difference to the national bond.
To the logic of fallacy, when people deposit their money in bank, he will rant: "The money is all gone. The bank spent it by lending it to the others. But what's the business with him how does bank spend the deposit? What people care is the bank will pay them back the deposit with interest.
In sameway, what's business with him when the Congress spend it in general fund? Only when they will pay it back with interest. Remember if they don't borrow from S.S.Trust fund, they still will borrow by issueing Treasury note.
Fallacy 2. "I like privatization because I can handle it by myself. I want have my own choice."
Answer: The original purpose to set up Social Security is to guarantee people will have a stable income when they retired. Privatization won't guarantee this. It put Social Security in a risk.
People pay insurance company. The payment is guaranteed to be used in retirement payment. Bush lured them to a casino, said that people may win more. The reality is people then will exchange their money with a paper its value may evaporate when economy turns downward.
It's not for a stable society but lead the society to an dangerous gamble.
Yes, there are many choice of gamble: Black Jack, slot machine.... but more you gamble more you will lose.
Fallacy 3. "Social Security will collapse".
Answer: It's an intimidation. A tactic Bush used to use all the time. He had cried, "sky is falling" 28 years ago, the sky didn't fall.
Re: 'For Bush, a Long Embrace of Social Security Plan
By RICHARD W. STEVENSON
Published: February 27, 2005
He scared us into an unnecessary war. He is now scaring us to give him the power to handle our retirement fund. But insolvency is 37 years away. (2042) If US could solve the same problem in 1978, so can they do in 2042. Bush has better to deal with the historical national deficit which he created. If he can't handle the war spending and disaster spending well, US economy will collapse much earlier than S.S. he intimidated.
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If Feds call you and defame my message, it is a tactic of intimidation. They don't want people know the fact.
It also proves what I wrote are truth. They are afraid of it.
RE: Bush's plan is opposed by majority people. But he tries to play with tricks. whatever the new pl
Kat, watch out, it was one of insider group ChristyB that locked the thread. She became insider group when she developed the tin-foil penetrating mind control waves.
Try a higher zinc compound and stay away from tin\lead compounds for your hat.
Bush has a third daughter, christyb is her name. Not sure if it is the same or not. My insider contacts say cheney is the real father, not sure.
Don't talk or use the phone this weekend,insider group is doing a voice knowing experiment.
Don't try to call me this weekend.
mr p
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A proud owner of a Flying Vee. Bestowed by the fine Gentleman VC1111 himself.
Location: On an Island in the west coast of New England
Posts: 13,071
RE: Bush's plan is opposed by majority people. But he tries to play with tricks. whatever the new pl
Just an observation:
Funny how quickly things get locked up, deleted or the "B" word happenswhen things get a little dicey. I propose an amnesty day for all those that have been canned...err I mean banned. Come onMods,give them another chance. Today is a new day!
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If you are unhappy with your government remember to vote them all out when they come up for re-election. If you allow them to stay you are part of the problem not the solution.
14. Stock market profit came from the buyers not from the company.
14. Stock market profit came from the buyers not from the company.
Fallacy 4. "Company did spend their profit in stock market. Some of them bought the stock of their own company."
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Answer. This is a typical problem how CEO of companies abusing their power. Yes, some companies did buy the stock of their own to boost the stock price. But remember the money they spent were the profit of company. It belongs to shareholders. The money should be distribute to shareholders as divident. But the CEO intercepted the profit to manipulate the stock market. They don't work for the interest of shareholders but for the interest of inside group.
So there is an important opinion you must know: that the profit gain from the stock market is not from the company but from the later buyers. (potential loser)
An individual company may gain a good profit. That profit won't play the role to raise the gain in stock trading. The company profit is paid to stock holders as divident. Whatever the media tell you the economy is good, the fact of current situation is: The average divident rate of stock market is 1.5%. You invest 10 dollars in stock, the average divident income is 15 cents per year.
Then how can you have a 11% annual gain in stock market trading? It's from the money of other buyers. When you bought "Google" at $100 a share and sold it at $300, keep in mind that it's not the "google" company paid you the $300 but another buyer paid it. So it's the other buyers' investment let you make money.
This is a point very important. Not the Company profit but the continueing coming investment push up the stock market.
To make it more easy to understand, the trading stock worth at $100,(or you can say it's 100 billion) next year new investment coming at $111, (or 111 billion) then there is a 11% growing up rate. Because government pushed the pension fund into the market these years, so you saw an average 11% gain each year. It only means more and more pension money became paper. Money was harvested by sellers. What left for later buyers are only stock papers, (they hope new buyers will take it over with even higher price).
What is the current stock market? A bunch of papers. The stock holders exchanged them with their pension fund. (with 10 years, 20years...even 40 years of their pension fund). If they want to cash these papers, who had that much money?
That's why Bush desperately to push the S.S. fund to save the market from collapse.
If the Privatization succeed, it only delay the crisis from expoision but make the balloon bigger. The young generation will be the victim because Bush lured them to take over the hot potato(stock paper) with their retirement fund.
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If Feds call you and defame my message, it is a tactic of intimidation. They don't want people know the fact.
It also proves what I wrote are truth. They are afraid of it.
Bush's plan is opposed by majority people. But he tries to play with tricks. whatever the new plan h
