wf3h wrote:
On Sep 22, 2:12 pm, "nom=de=plume" wrote:
wrote in message

...





On Tue, 22 Sep 2009 06:26:55 -0700 (PDT), wf3h
wrote:
On Sep 21, 9:16 pm, wrote:
The problem is that the federal government was doing this. If it was
local government or even local charity, onezee twozee is not that
hard to do.
I lived in SE DC when the great society programs hit and I saw those
neighborhoods decline into the cesspools they are now (Marion Barry's
8th ward for you folks outside the beltway)
now let's see....who was it that destroyed my 401K...the 'free market'
or the govt?...hmmm....let me think
The answer to that is "both".
Your 401k is a ponzi anyway. If you are much under 60 you will lose
your ass on it no matter what. When the boomers are forced to draw
down their 401ks (by law) the stock market will be history, along with
the whole concept of "retirement".
If you look at the entire financial system, in a way you're right. Financial
markets are built upon trust and confidence, but historically, they've done
pretty well for people. There are ups and downs. Anyone relying on one thing
for retirement is foolish. It's called diversification and participation in
your financials. You can let any investment just ride along and hope
everything will turn out ok.

--


the problem is that, for the middle class, we have a limited number of
options. we USED to have pensions but the rich decided they wanted
more money for capital gains and dividends, so pensions are gone.


Just think where we're being taken by the right-wingers...no pensions
and pretty soon, no employer health care, but we'll be able to buy it at
increasingly high prices from private, for-profit health insurance
companies, and the big non-profits which actually aren't non-profits.

My thinking is that health insurance companies serve no useful purpose
for the middle and lower income classes, and ought to be done away
with...and replaced with the Swiss plan.

In Switzerland, the most free economy country in the world, health
insurance is mandatory, and private for-profits are allowed to offer a
basic plan to all at the same price and with the same benefits. You pay
for it, but it is far less expensive than it is here, and if you cannot
afford it, your participation in the plan is subsidized by the government.

If you want *more* than is in the basic plan, you can buy "supplemental"
insurance from the private for profit from which you buy your basic
plan. That's where the plans really complete and make their profits.

Now *that* would be health insurance reform...coverage for everyone,
affordable, and no bull**** from the insurance companies.













--
Birther-Deather-Tenther-Teabagger:
Idiots All