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Re: See US politics From another angle .
7. The point is they need fund to save stock market (6/20/05)
In my illustration equation in message 6: (based on fact that the return of average investor was 3.7%, and average return of S&P was 13.2% each year)
37 (average investors gain in 10 years) + 95 (special interest group gain in 10 years) + 100 (capital gain of S&P company) = 232 (price paid by potential loser after 10 years)
to maintain a high return rate in stock market, special interest group needs more and more fund. In that equation, it's the amount 232 paid by potential losers. Next year, to maintain a 13.2% grow up rate, they need 262 new fund from potential losers. So far it works well becasue they successfully guided the pension fund, then IRA, then 401(k) into the market. But once those who invested in stock market with their pension fund want to cash their portfolio who has that big money to take over the stock papers? They turn on to your social security.
2018 is the year when paid S.S. tax will be less than the benefit paid to retirees. That's 13 years away. 2042 is the insolvent year for S.S. That's 37 years away. Why Bush is so eager on this issue? Because the stock market will have problem in 2009. That's 4 years away. Bush's privatization plan is not to save Social Security, (on the contrary, it endangers S.S.. See message 5. Bush's privatization plan will endanger S.S. further (5/22/05)) It is to save the stock market. The sacrifice is young people's retirement fund.
Back to my equation, when potential loser paid 232 for a stock paper, the money has gone to the winners' profit gain and company's capital gain already. When potential loser wants to cash his stock paper, who has the money to take it over?
That's why Bush and his accessaries bang the drum to propaganda on "high return in stock market" (it's a gimmick, see message 6. Average investor in stock market) to lure people to invest their money into the stock market to take over the hot potato.
Bush's plan is opposed by majority people. But he tries to play with tricks. whatever the new plan he proposed, one thing is for sure: 1. He needs money(fund). 2. The money is from Social Security fund. 3. And that fund will be put into the stock market to save it from collapsing.
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If Feds call you and defame my message, it is a tactic of intimidation. They don't want people know the fact.
It also proves what I wrote are truth. They are afraid of it.
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