Thursday, February 03, 2005
guaranteed payoff.....
ok, so dubya laid out his plan for social security last night....the one that has a guaranteed payoff for wallstreet, and dubious benefits for the general retirement public.......frankly, my personal retirement account has yet to fully recover from the slump that occured after dubious dubya was elected the first time........imagine my position if i was a minimum wage worker from eastern ky- these are the folks who are already on the border of bankruptcy despite working fulltime jobs...or 2-3 parttime positions.....and small 'corrections' in the stock market could wipe out funds of that size.....leaving them to dig for roots to stay alive after age 70, or whatever the new retirement age will be after this presidency winds down......wallstreet will end up the only victor.......and i am sure the FDR never intended for that to happen..........but then dubya is no FDR.....i am thinking WHH...too bad it wasn't cold or rainy enough on inauguration day.....
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