"NotNow" wrote in message
...
Calif Bill wrote:
"NotNow" wrote in message
...
Calif Bill wrote:
"wf3h" wrote in message
...
On Aug 12, 10:22 am, JustWait wrote:
In article fe3aa04e-98ba-4640-beeb-73899a6bb102
@o32g2000yqm.googlegroups.com, says...



On Aug 12, 8:42 am, BAR wrote:
H the K wrote:
What we have now is health insurance via corporatism. I wouldn't
mind
seeing the federal government getting involved in a direct fashion
and
closely regulating the health insurance industry, and also offering
directly to Americans health insurance and ways to pay for it, be
those
individual or collective (taxation) methods.
Demonize the evil corporations! Don't you get tired of spewing that
line?
oh you're absolutely right. just look at what they've done for the
american economy in the last year or so.
Pfffttt... Yeah, it's the corporations who have proposed two trillion
in
spending... right..

--
no, it's the corporations that drained my 401K to pay for their $6000
night stands, their maybach sedans, etc.

i just have to pay for their mistakes

The same corporations that doubled and tripled the money you and your
corporate employer contributed? and then you lost 40%. But still have
more than if you had got 2% a year in a savings account. If you had
saved.
Doesn't matter, that's the price they pay to get your money and USE it.

Yes it matters. You invested $30k and your employer matched for another
$30k. With the market, that $60k went to $300k. You lost 40% of the
$300k. How much you still got? $180k. You did not lose 40% of your
investment. You still are 200% a head.
Again, that's the cost the burden for having my money to use.

Not arguing the vig for using your money. But lots of those 401k's were
highly inflated gains. Better than Made-off gains. But some are counting
the 40% decline as a loss. Was a paper gain and a paper loss. I had to
move a 401K when the market was great. While decidine where to invest the
money, the market crashed. I got to keep those irrational gains as the
money was in a cash account.