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Sen. Lindsey O. Graham (r-s.c.) Promotes Federal; stock market insurance...
Topic Started: Feb 18 2005, 11:27 PM (139 Views)
BuddyIAm
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Sen. Lindsey O. Graham (R-S.C.) promotes federal stock market insurance...




Graham said he will soon propose a federal guarantee that those who earn less than $30,000 will do better under a partially privatized Social Security system. He would do this by cutting scheduled benefits only for those making more than $30,000 a year, offering a $500 government contribution to the individual accounts of the low-income workers and providing additional protections against precipitous market drops. "I am trying to get a bipartisan beachhead and have the administration react to it," Graham said. Bush is open to the ideas, Duffy said.

http://www.washingtonpost.com/wp-dyn/artic...-2005Feb18.html
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
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BuddyIAm
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CHRIS

IS Federal Funded. STOCK MARKET INSURANCE socialism.



HOW ABOUT SOCIALIZED TERRORISM INSURANCE, that Greenspan purposes?

Is that socialism?

Why would we have the FEDs fund these items..

"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
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cmoehle
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Chris - San Antonio TX
I would call it federalization. What we need is federalism.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
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BuddyIAm
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Chris that in no way is federalism.

It is straight up socialism..



fed·er·al·ism
Pronunciation: 'fe-dr&-"li-z&m, 'fe-d&-r&-
Function: noun
often cap : distribution of power in a federation between the central authority and the constituent units (as states) involving esp. the allocation of significant lawmaking powers to those constituent units —compare.

Buddy says:



Are you going to forfeit law making powers to the insurance and equity markets also..??? :)
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
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cmoehle
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Chris - San Antonio TX
I called it federalization. Big centralized government. The kind you argue should take care of us.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
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BuddyIAm
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Big government is the design of the Bush leberals..

Not the centrist. Like me. :)

"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
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cmoehle
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Chris - San Antonio TX
But most everything you advocate speaks to depending on government rather than self-dependence. Won't disparage you for that, it is the Christian thing to do to help the needy, but I don't believe it works for government.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
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BuddyIAm
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SS is not depending on the government.

IT IS PRIVATE FUNDS INVESTED IN A GOVERNMENT GUARANTEED ANNUITY..

There is nothing wrong about investing in a fund backed by the full faith and credit of the USA..

You would chose Enron.

And warn me to stay away from Google.

I have to protect you from yourself.. :)
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
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cmoehle
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Chris - San Antonio TX
I'd rather choose and lose than snooze under government abuse. :groucho:
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
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BuddyIAm
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There you go down that path to hypocrisy again.

Bush’s forced savings plan is government controlled and regulated..

It is not ownership. And it is not guaranteed..

It is appearing more than likely it is a bail out for the equity markets.

An opportunity for the hedge funds and old money to slowly reinvest their money in safer investments.

Such as property..
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
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cmoehle
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Chris - San Antonio TX
And there you go misusing the word "hypocrasy" again. :nono:

I have not said I advocate Bush's Commission's plan. I have said I favor something more like Cato's 6.2% solution. I would advocate optioning out of all government plans altogether and investing the money myself.

Why is it always Bush this and Bush that. He's not much more than a salesman, a campaigner for a plan a commission came up with.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
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BuddyIAm
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Because CATO’s plan is universally denounced as unworkable.

Even Bush and his liberal buddy’s would not consider it.

And Greenspan would run and hide in fear of it’s consequences..


I want a bag a money at the end of a rainbow..

I wouldn't suppose that would be either Capitalism or Socialism..

Would it.. :)
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
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cmoehle
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Chris - San Antonio TX
By universal do you me the one and only BuddyIAm?
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
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BuddyIAm
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NO!

How far into debt to you suppose the federal government can fall.

Before the equity markets will fail.

CATO’s plan is unrestrained debt..


Denounced by you..


AND EVERYONE ELSE INCLUDING GREENSPAN AND I...

Off subject..

Would you like to delete your double post.

Or would like me to do it for you... :)
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
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cmoehle
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Chris - San Antonio TX
What double post?

Federal debt is from overspending. Cut spending.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
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