Reply #1: Right. People need to understand this. They are not "investing". [View All]

[Carolab]

They invest it FOR you--you get to choose from a few plans--just like Medicare. The idea is just to put their money into the big roulette wheel and spin it. If it's lost, tough on the poor sap "investor". The money managers still make out. Even if it makes money, it still won't make enough to equal what the "investor" would have made just leaving it in bonds.

If investing "the government's money", money in T bills, was such a great idea, why didn't they do it all along? Because it's RISKY and they know it.

The dopes that are "for this" think they are controlling their own money and that it's a good thing that it won't be going to "poor people" or "welfare cases" or "cripples" or "geezers". What a bunch of greedy cretins they are.