Thursday, October 11, 2007

There She Goes Again

First it was Iraq. How it’s retirement plans. Senator Clinton is making Senator Kerry look like a politician with a consistent stance on issues.

I thought Senator Clinton wasn’t for privatizing Social Security. But now she wants the Federal Government to “match” some worker’s 401k savings, up to $1,000 a year (Income levels 60K and less get the full tax CREDIT, it phases out at 100K). But wait, wasn’t the Democrat’s PRIMARY reasoning for NOT privatizing A PORTION of Social Security the premise that these lower-income investors weren’t intelligent enough to manage their own money? Why is she NOW in favor of letting all of these morons (myself included) manage our own retirement finances?

And then I read in the Washington Post that she doesn't think Social Security is in trouble.... um, there used to be a payer/payee ratio of 16:1, it's now less than 3:1 and it's getting smaller. Oh yeah, that's right. We can get those 12 million illegals on the books and let al-Qeada, Hamas, etc. right through our porous borders and do who knows what harm to our nation. SERENITY NOW!

WSJ 401k

Wash Post

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