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Originally posted by Bill Keegan
I never claimed it was more than an insurance policy. But it's a policy written by a company that would get a lousy rating from any of the insurance rating agencies. Becasue it doesn't actually have to money to pay it's policy holders. Worse, we are all being forced to pay premiums on a policy that we will neve be able to collect on, because our premiums are needed to pay the guys drawing on it now.
Sure you did, you said
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"The average investor historically makes SOME profit on his investments."
Why do you confuse the two?
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Sure, it was greed & stupidity on the part of the people who paid into his scheme. And it appears to me to be just as stupid to pay into another scheme that can't possibly reward me at the end, just because it happens to be sponsored by our government.
Here again you are confusing an investment with insurance.
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The argument is a bit of a smokescreen on the issue of the wealthy being able to make themselves wealthy again. Most of his investors were older, and no longer have the same ability to take risks and make the big money again, nor the time frame to do so.
So the wealth will not end up back in the same hands, or lets stretch it a bit the same families?
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Also, it's possible that I haven't followed enough of the details of those who were taken in & lost money to him, but I haven't seen any of them demanding that the government make them whole. Would you share some of these please?
They have already demanded to be made whole. They claim Bush should have protected them.
On spell check I clipped one of your typos put it in blue sorry.
Of course not...that was KevK and all the other folks in here who hate the rich and think they deserve to be forked. I merely clarified for you that he is indeed rich. You'll have to ask all the rich haters what they want to do about the unfortunate truth that Obama falls into the category of people that they want to pitchfork. I suppose they could keep the forking to only white rich folks...they could save Obama and Obama at the same time.
If you are talking about quoting me and then responding without regard to the context of my post then, yes. (In the previous post you made things up altogether and attributed them to me so I'm guessing context isn't your strong suit...especially since you are having the same problems with other posters)
If you are talking about quoting and using my statement in context, then no. At no time did I suggest stabbing anyone.
Sure you did, you said "The average investor historically makes SOME profit on his investments" Why do you confuse the two?
Confuse what two? Insurance & investments? No confusion on my part. Insurance policies are very often investments. Go ask anyone who sells whole life policies. And in most cases, the policyholder doesn't lose their principal.
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Originally Posted by jimw144
Here again you are confusing an investment with insurance.
See above
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Originally Posted by jimw144
So the wealth will not end up back in the same hands, or lets stretch it a bit the same families?
It may. What has that to do with anything?
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Originally Posted by jimw144
They have already demanded to be made whole. They claim Bush should have protected them.
As I said, I may have missed this. Show me. Please.
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Originally Posted by jimw144
On spell check I clipped one of your typos put it in blue sorry.
Feel free to do wjhatever you feel like doing with my typos. Including going out of your way to point them out, if you feel that somehow does something for you.
Anyhow the rich didn't steal anything from us, the government -- the president and his congress have robbed us blind for their benefit. Those rich bankers, the corrupt housing industry and so on did not have the power to rob us, but the government does and used it's power.
So the rich aren't fleecing us for health insurance, for example? Or perhaps I should use the example of Florida Power & Light, who continue to jack up their prices, while making insane profits, because people need electricity.
It's not only the government that "steals"....just saying.
You go ahead and try to get a job without a social security number. Phone me up when you are picking peaches for $2 an hour.
Isn't it suspicious that despite the fact that there is NO LAW requiring all Americans to enroll in Socialist InSecurity, nor punishing one who does not participate, private sector employers are frightened of the Eye Are Us, and refuse to hire Americans who do not participate.
For the sake of argument, you write to your congressmen, and ask for a copy of the law. And they do not reply, nor answer. And you try to find the law yourself, and you cannot. What does that tell you about the American LEGAL system and "rule of law"?
What does that tell you about the "public servants" who are growing rich on the backs of suffering socialist peons?
Don't you think it is odd that government officials are living a lifestyle far above the people they serve?
Don't you think that they are somewhat aggressive in their efforts to ban weaponry from the people they serve?
Don't you think that perhaps someone wishes that "the people" don't wake up to the fact that they're voluntary slaves?
Or don't you think....
Location: The Chatterdome in La La Land, CaliFUNia
39,031 posts, read 23,016,008 times
Reputation: 36027
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Originally Posted by jetgraphics
Isn't it suspicious that despite the fact that there is NO LAW requiring all Americans to enroll in Socialist InSecurity, nor punishing one who does not participate, private sector employers are frightened of the Eye Are Us, and refuse to hire Americans who do not participate.
For the sake of argument, you write to your congressmen, and ask for a copy of the law. And they do not reply, nor answer. And you try to find the law yourself, and you cannot. What does that tell you about the American LEGAL system and "rule of law"?
What does that tell you about the "public servants" who are growing rich on the backs of suffering socialist peons?
Don't you think it is odd that government officials are living a lifestyle far above the people they serve? Don't you think that they are somewhat aggressive in their efforts to ban weaponry from the people they serve? Don't you think that perhaps someone wishes that "the people" don't wake up to the fact that they're voluntary slaves?
Or don't you think....
And these are the folks that many want controlling our health care system.
Isn't it suspicious that despite the fact that there is NO LAW requiring all Americans to enroll in Socialist InSecurity, nor punishing one who does not participate, private sector employers are frightened of the Eye Are Us, and refuse to hire Americans who do not participate.
For the sake of argument, you write to your congressmen, and ask for a copy of the law. And they do not reply, nor answer. And you try to find the law yourself, and you cannot. What does that tell you about the American LEGAL system and "rule of law"?
What does that tell you about the "public servants" who are growing rich on the backs of suffering socialist peons?
Don't you think it is odd that government officials are living a lifestyle far above the people they serve?
Don't you think that they are somewhat aggressive in their efforts to ban weaponry from the people they serve?
Don't you think that perhaps someone wishes that "the people" don't wake up to the fact that they're voluntary slaves?
Or don't you think....
Not even the President makes anywhere near as much as the CEOs make. Government is actually pretty cheap, when you consider the sheer cost of other things such as healthcare in this country.
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