"Capt. JG" wrote in message
easolutions...
"Keith nuttle" wrote in message
...
Capt. JG wrote:
"Keith nuttle" wrote in message
...
troll sh*t removed
We have already lost many times that in 401k, saving accounts, and
company and public pension funds. So while large in itself, it is a
drop in the bucket relative to the problem.
You'll only lose in a 401K if you sell or reallocate. If you can wait,
the market will come back eventually.
At the average rate of return of market growth for the last 40 years it
will take 10 to 15 years for a 401k to regain the 50% that was lost since
the start of this congress with pelosi "great" leadership. ie it will
have to grow 100% in 10 year. I will be dead before long before then.
If you're trying to blame the Dems in the last two years for what Bush did
to the economy in the last eight, you've probably got a brain tumor that's
disrupting your cognitive function. Take a look at this. Looks like you'll
have plenty of time, assuming senility hasn't set it.
http://genxfinance.com/2007/11/26/a-...rom-1996-2007/
And if one looks he
http://www.brillig.com/debt_clock/history.gif
It's plain to see the largest percentage increase in national debt occured
under Clinton!
And takes off again under the Democratic controlled Congress!!!
Don't worry though, our kids and their kids and their kids will pay for it
all!!
Deficit spending - It's for the children!