- Jan 6, 2008
Whoa WHOA WHOA... It absolutely WAS going to allowable to invest your retirement in the stock market in a Bush retirement scheme world.
Was it EVER said that you could only take your retirement money and put them in FDIC covered instruments????????? You know better... come on.
If everyone were to have to take the same amount being taken out now and invest in only a 100% secured instrument that could not be accessed until retirement age this would not be an issue... but that wasn't the scheme.
Well... that was the whole point. It was designed to ALLOW you to invest it into a 401K style investment. You can invest, if you so choose, into CDs, Bonds, Stocks, and other mutual funds, or if you are plain stupid, you could leave it all in Social Security which is broke.
See, that's the problem with you liberals. Bush wasn't going to force anyone to do anything. In fact, he was going to give you somethings nifty and new called "options". In other words, control over what should be YOUR money.
But of course liberals are always liars, and never really want people having options.