Bush wants retirement accounts
Clearly Bush and Cheney are "banking" on us needing our retirement accounts before retirement. Cheney admits that if you hold your account until retirement it is going to cost the goverment more.
They are stealing from the average American - there will be NO Social Security!
They are stealing from the average American - there will be NO Social Security!
posted by nationaldefenseparty at 4:57 PM
3 Comments:
Cheney admits it will cost US more to give retirement accounts to Gen-X, if they all keep them FOR SOCIAL SECURITY AGE.
HERE IS THE LINK:
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7549583&src=eDialog/GetContent§ion=news
Greenspan O.K.s retirement accounts but warns of increased Govt spending!
Of course he did - Greenspan has 1 job only - to keep the American Dollar up and right now investment in the DOW is doing that. (including foreign investment).
HOWEVER, THE AVERAGE CITIZEN WILL LOOSE SOME RETIREMENT BENEFITS AT THE LEAST.
SOCIAL SECURITY WILL BE NO MORE.
AND THEN WHAT WILL HAPPEN TO THE RETIREMENT ACCOUNTS? WILL THEY BE CUT TO AVOID INCREASED GOVERNMENT SPENDING?
http://www.nytimes.com/2005/02/17/business/17fed.html?th
Greenspan O.K.s retirement accounts but warns of increased Govt spending!
Of course he did - Greenspan has 1 job only - to keep the American Dollar up and right now investment in the DOW is doing that. (including foreign investment).
HOWEVER, THE AVERAGE CITIZEN WILL LOOSE SOME RETIREMENT BENEFITS AT THE LEAST.
SOCIAL SECURITY WILL BE NO MORE.
AND THEN WHAT WILL HAPPEN TO THE RETIREMENT ACCOUNTS? WILL THEY BE CUT TO AVOID INCREASED GOVERNMENT SPENDING?
http://www.nytimes.com/2005/02/17/business/17fed.html?th
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