To: radioone
Why should the Government intervene in people's savings decisions? The justifications for Government intervention in private financial decisions are varied. Panic over the economy, Wall Street, mandating savings equity, eliminating investment risk, financial crisis losses, retirement security, much-needed oversight, your 401K becomes a 201K, shoddy financial products, and predatory investment bankers are just a few. And somehow, depite all those obstacles--no matter how contrived--those who managed to sacrifice and save, ammassed over 19 trillion dollars?
20 posted on
02/22/2013 6:40:33 AM PST by
Lou L
(Health "insurance" is NOT the same as health "care")
To: Lou L; 444Flyer
And somehow, depite all those obstacles--no matter how contrived--those who managed to sacrifice and save, ammassed over 19 trillion dollars? *Retirement* accounts? Pharaoh will not allow the slaves to rest from their burdens. Now they must find their own straw, yet still produce the same number of bricks.
26 posted on
02/22/2013 6:53:48 AM PST by
Ezekiel
(The Obama-nation began with the Inauguration of Desolation.)
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