Your allegations that Obama is being treated with kid gloves and revered is your opinion but it doesn't make it fact. Obama was hammered by the media earlier this year over Rev Wright, clinging to guns/religion, and continues to be painted an elitist. Also, it was the (R)'s who tried to downplay Obama's past role as a community organizer as though it's a bad thing. That quote - by a single person - was a response to it.
Your allegations that Obama is being treated with kid gloves and revered is your opinion but it doesn't make it fact. Obama was hammered by the media earlier this year over Rev Wright, clinging to guns/religion, and continues to be painted an elitist. Also, it was the (R)'s who tried to downplay Obama's past role as a community organizer as though it's a bad thing. That quote - by a single person - was a response to it.
Double Trouble is right. If you look at just the S&P 500 (to represent "the market") and include dividends etc, you can do a very good analysis of the "real" return of the market over the years (with or without the effect of inflation). This page has a chart showing the average annual returns over each decade since 1950.
1950s 16.7%
1960s 5.2%
1970s -1.4%
1980s 11.6%
1990s 14.7%
2000-2007 -1.4%
1950-2007 7.6%
The actual inflation adjusted rate of return you can expect to get on your contributions over time varies depending on when you were born, but is generally accepted to be less than 2%. No matter how you turn it, allowing people to put their money in a long term index tied to market performance allows them to get a better return on their contributions.
Oh, and the GroundedSailor's assertion that over 18 years the SS returns have beaten the S&P 500 are flat out wrong.
In this case, factcheck.org needs to check their facts. On page 30 of "Contingencies," the journal of the American Acadamy of Actuaries, John McCain wrote:
The same John McCain who, in his own words, still claims he's "fundamentally a deregulator," the same pompous jackass who is still proud of his role in deregulating the nation's financial institutions that has now brought possibly the worst financial collapse in our history, says he wants to deregulate the private insurance companies and for profit health care providers who are already doing their best to maximize profits by denying coverage to all but the most wealthy, most healthy individuals who can afford to support their inflated salaries and golden parachutes. :thumbsdown:
In this case, factcheck.org is wrong, and McCain is wrong. McCain can afford it. As a four time cancer survivor, he's lucky enough to be wealthy and have his health care covered by the same health plan that covers all of Congress.
When it comes to other people's health care, most of us aren't fortunate enough to afford the luxury of being such a lying, cold hearted POS. :|
Yes. I did it, yesterday, when I first saw it.
Did you actually read what McCain wrote all by himself? Have you actually heard McCain's own words for years and what he continues to say about how he favors deregulation?
All I really know is, at any given moment, he'll say he's on whatever side of any issue he thinks will fool more people into voting for him. One of the people John McCain most often contradicts is John McCain, and I don't believe either of him. :thumbsdown:
Sorry, the only one who's wrong her is you. Fact Check nailed it, as they always do. The messiah tried to twist and cherry pick McCains words, much the way you are, and you both are getting called on it.
/discussion
I usually trust factcheck, but the most important aspect of such sites is that, like every other human being, they can get it wrong. I take McCain's own consistant words over years at face value. It seems you have a very short attention span so I'll repeat them for you:
If that's not enough, please run this series of quotes through your spin cycle. McCain's own quotes start at about 18 seconds into the video.
Beyond that, you have no credibility. I don't know of any "messiah" running for office in this or any other century.
It seems your ability to read and comprehend is severely limited. Here's the pertinent sentence from Fact Check:
This one sentence is all that is necessary to expose the cherry picking that you and your messiah are attempting. I haven't heard him repeat it so maybe he smartened up. The same cannot be said of you.
I'll post again when Fact Check exposes another lie coming out of your messiah's mouth. It shouldn't be long.
Have a great evening, Harvey. No really, I mean it! :lips:
You're quoting ONE sentence from factcheck's narrow evaluation of ONE of McCain's statements. I'm seeing what he said in the context of the entirety of his statements and his voting record over decades, and I'm "cherry picking" ??? Confused;
How many times does your McCain have to say the same words, and how many times does he have to back off of his own words and spew some specious excuse about what he "really" meant before you get the picture?
I respect factcheck.org's work, but even they get it wrong, sometimes. And it didn't take YOU long to lie again. Who says Obama is MY messiah or anyone else's? It isn't me. It isn't him. It isn't anyone from his campaign.
The only ones who call him that are McCain bots trying to divert attention from what Obama really says because they have NO facts, and they're wrong on EVERY issue.
CADsortaGUY
Lifer
SS has always been one of Johnnie's 'Big Gubmint' entitlements. He never seems to mention things like the private account of an individual was in addition to conventional social security retirement that would be owed to them, the 'transition cost' of $750 billion that would have to be paid by current taxpayers, or how cutting one-third of the monies entering the trust fund would some how 'solve' the problem. He also Fails to note that capital growth in the S&P 500 index has lagged GDP growth considerably and that over the next 75 years the 'fix' for social security and medicare is less than 2% of GDP if we tank the Bush Part D Big Pharma Give-A-Way.
It's also odd in a fuzzy math kind of way that yields in the S&P 500 Index for 'Personal Retirement Accounts' will most likely be less than half of that projected by The Bush Plan but why would that surprise anybody?
His market numbers are a joke. As a percentage of GDP the DJIA has tanked the last 8 years since peaking in Dec of 1999.
Just another Johnnie Post that's a mile wide and a quarter inch deep.
Why would you support his plan? His plan forces you to invest in the stock market.
Wouldn't it be better to just scrap SS all together than be forced to put money into a retirement fund at government set rates? How is that any better than what we have today?
Forget it, if you want to have social security be privatized, then the correct answer is to be rid of social security entirely!
Svnla
Lifer
- Nov 10, 2003
- 17,986
- 1,388
- 126
Not sure if anyone already posted this or not but there are only two cures: higher taxes or lower benefits. Be prepared for both. We can't keep on going like this if we keep the status quo.
From CNN.COM = http://money.cnn.com/2008/09/1...ity.moneymag/index.htm
From CNN.COM = http://money.cnn.com/2008/09/1...ity.moneymag/index.htm
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