Replies to post #319436 on Zeev's Turnips Patch-No Politics (ZEEV)

[steviee]

Until the house of cards collapses

[Must Be Patient]

Great, and then I can spend my life working to support the idiots that lost all their SS money. And I suppose we won't really be free to direct our money, it'll all have to go to mutual funds just to make sure the big wigs benefit as much as possible.

[Mole1]

The next catalyst will be the departure of Ken Jennings from Jeopardy. It is widely expected that his reign will end at around 2.5M, meaning about a quarter of a million to go. He averages about 35K per show, meaning about seven shows left, including tonight. The next two weeks are a college tournament, however, delaying his departure until roughly November 30.

[brainlessone]

the only reason the clinton deficit was gotten rid of was capital gains . i think there will be massive capital gains recipts this year

[TJ Parker]

"Think about it, a couple billion in steady "SS injections" would add trillions in market cap to the markets..."

i think about it. so its like he's telling me that he wants to take my ss contributions and have the gov play the market for me.

heck, if i'm gonna be exposed to that risk, why not just cut the ss contribution altogether and let me do what i want with it. i promise i'll open an ira :-)

its not like they're gonna mitigate my risk, after all.

so why exactly does this save anyone money or fix the ss problem? i never got that part of the argument. is it that returns on these accounts are better, so you can project deeper cuts into payments on the remaining 2/3?