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Message Subject
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Detroit: Pensions or Derivatives? Glass-Steagall Would Have Made the Choice
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Poster Handle
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Anonymous Coward |
Post Content
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All the Bush proposed was that people could choose to control their own pile of cash for investment purposes. Derivatives was not an option, it was merely a choice between throwing your money away in stocks or throwing it away investing in honesty and efficiency of the US of FED. If one had invested in the Stock market they would lose it all and end up at zero. Since everyone was invested in the FED everyone owes them more than they have. At least with the Bush you'd only end up with nothing, which is miles ahead of owing additional thousands to millions.
Quoting: Anonymous Coward 43195617 Not true. Quoting: Anonymous Coward 43989928 Ok shill ass, how about the link to the Bush stating we all should be force to invest in DERIVITIVES, specifically? If you cant then fuckoff. Quoting: Anonymous Coward 43195617 If social security was privatized, you would not 'invest' in whatever you wanted. It would be controlled by TPTB. Quoting: Anonymous Coward 43989928 I dont need a derivative opinion from a tard like you, fuckoff with your bullshit interpretations.
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