2005: Bush assures us on investing Social Security money in Wall Street: "Your money will GROW!"

[Bluebear]

"Your money will grow, over time, at a greater rate than anything the current system can deliver," Bush said in his State of the Union speech. "In addition, you'll be able to pass along the money that accumulates in your personal account, if you wish, to your children or grandchildren. And best of all, the money in the account is yours, and the government can never take it away."

[Betty]

1. memories.....

why isn't this fucker wearing an orange jumpsuit and ankle restraints?

[anonymous171]

2. We would be totally fucked now if he had succeeded.

Which was the plan all along. With no safety net, we would be completely at the mercy of the corporate powers.

[earth mom]

3. Obama wants to "fix & cut" Social Security too. Except Social Security is NOT broken!

:grr:

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=5080647

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=5066243

[anonymous171]

5. Obama supports privatization?

Who knew! :eyes:

[earth mom]

9. Did you read either thread? No, you just want to bash me because I dared speak the truth

about your beloved Obama.

Get a clue, educate yourself and stop living in denial. :eyes:

[uppityperson]

4. k&r

[indepat]

6. Jesus, one can't be right on every issue but junior may have been deadly wrong on every issue

of any significance as anyone but an absolute brainwashed fool can plainly see. :P

[Olney Blue]

7. Fail.

[tyne]

8. His plan is to

remove the limit at 84,000. That would "fix" SS toot sweet. I thought that's what we wanted????

[Aristus]

22. That's tout suite. "All together".

Today's French lesson.

[tabasco]

24. I believe "toot sweet" is a humorous colloquialism.

Professor.

[Aristus]

26. Humorous colloquialism is good.

I was worried it was lame Freeper-ish ignorance.

...I'm sorry I looked at your reply and thought "Freeperish"... :hide: Forgive me... B-)

[formercia]

10. What a fucking nightmare that would have been.

The boys would have everything.

[liberal N proud]

11. The neocons wanted to steal all of Americas future

Putting it in the market would successfully bankrupt all middle class and below in this crash.

I suspect this crash of the economy was engineered by the bu$h regime and their minions.

[Kansas Wyatt]

12. It was Bush and the REPUBLICANS that wanted to...

Dump Social Security into the stock market, because they needed more cash to keep their illusion going that the economy was booming and all was very well.

Nobody let the shyster Republicans off the hook... Dumping Social Security into the stock market before it crashed, was their plan too.

[JackRiddler]

13. It might have worked to delay the crash and elect McCain.

[bridgit]

14. I'm not prepared to cut g.w. bush *any* slack; I say he knew what he was doing...

in spite of his appearances to the contrary; I say his "ownership society" shtick was just that: yet another republican junk loan, junk bond, toxic waste dump shtick for people that are void of any new products cept for ways to bundle meaningless paper assets as a way to enhance profits for their donor base and the investor class

http://www.pbs.org/wgbh/pages/frontline/meltdown the clip muses on it's surface, "what Bernanke and Paulsen didn't see, couldn't stop, and weren't able to fix" I say that it was all more nefarious than that; I say they didn't even care liars all they!

[davidwparker]

15. I always suspected * was full of crap. This just proves it. Everybody, don't

take you money out of social security and let Wall Street handle it. I think you can loose everything you've got.

:sarcasm:

[GiveMeFreedom]

16. George W. Bush is a fucking liar.

and he did manage to get one last payment to his cronies on wall street with the TARP fund. I hope that fucker is the first ex- president to catch a bullet, not from me, I am a law abiding citizen.

[slipslidingaway]

17. Depends on where people would have put their money

:shrug:

[Bluebear]

18. That shruggie face certainly doesn't claim this was a GOOD idea?

[slipslidingaway]

20. Just a thought, we should keep SS and not tamper with it now. n/t

[opihimoimoi]

19. Bad LUCK BUSH...or....His Ineptness

He was the worst of the worst....

Enough Stupid Americans sucked for his shit and NOW LOOK...

[defendandprotect]

21. Right . . . Wall Street was counting on if not banking on Social Security funds --- !!!

We defeated Bush once . . . can we defeat those with big eyes for Social Security

money again????

Meanwhile, Obama should reduce the SS FICA rates which have been set artificially high

to creat a surplus to be used by Bush for wars and cutting taxes for rich!!

This was Greenspan's idea to increase SURPLUS to even higher levels, for borrowing,

serves as a slush fund -- and keeps the burden of taxation on the poor and middle class

because wealthier people only pay FICA up to earnings of $100,000 -- or something close

to that; probably less.

[seabeyond]

23. oh gosh... that is right, i forgot. this is what i need to hit EVERY repug with

damn good thing we didnt put our social security in the market huh.... lol dumbshit. thanks for the reminder

[BlooInBloo]

25. He learned well from Ken Lay.

[notadmblnd]

27. Yeah, our money would have grown alright. It would have grown legs and just walked away

Just like the rest of it has.