Sam- The average expenses in the US is 1.5% on mutual funds. The average stock market return since 1927 is 10.7%. Do the math a $100 investment at a 10.7% (simple) return is $110.70. Now take out your admin fee (1.5%) and you get $109.04 at the end of the year. Now do it the social security way. $100 times 1.4% is $101.40. Which would you rather have?
Newsflash: Administrative costs of running a mutual fund are not comparable to those of setting up a multi-trillion dollar government program. Right now you pay $.006 in costs on every dollar that is put into the system, the English system of private accounts alone is $.15. That is 25x as much. I would rather have somebody who actually comprehends administrative costs with regard to current system and the Bush "plan", you obviously don't, so read up on them; perhaps this is why you're stuck in Ohio, making Ohio wages and siphoning my hard earned tax dollars away. And by the way, if you think all mutual funds average 10% return, every single year, perhaps I can interst you in buying some of mine.
Sam- Your investments didn't get 10.7% last year? I figured a smart guy like you could beat that. BTW- I said the stock market averaged 10.7%. It's a little thing called Read, Comprehend then Post. At least to most of us average does not mean everytime. PS - I'm not ashamed of what I make, and I find out most people who talk about what they make usually are just that: TALK.
Sam- http://www.taxfoundation.org/ohio/taxingspending.html Ohio paid in more taxes than payments to the state. Noone ever accused you of being prepared did they?
Yawn, yawn, yawn, and Ohio barely went red too, interesting. Care to run the analysis for the rest of Wal Mart nation? Let's do it, I want to trace it back to your original, well taken analysis - that Republicans are productive society memberslead the country and Democrats are just a bunch of poor-ass b****es. Why don't you just tell me how much money you make and then I can either laugh or be impressed? I'm guessing about 70 or so, which must go quite a ways in Ohio.
Chuck you're right. People who boast about what they make are hiding other insecurities. They must boast about something which they feel will make others feel bad, but in reality they are boasting about something which provides no fulfillment to them.
What was the #1 reason why Bush was reelected? Moral Values!!! I had many collegues who were against just about everything Bush stand for, but they voted for him because he was against abortion, nothing else mattered (This is in Indiana, the state with largest Bush winning percentage I believe). When you have a large turn out by these voters, what was Kerry suppose to do? Actually I believe over turning Roe vs Wade would be great for the democratic party, then all the pro choice voters would be forced to vote
You are absolutely right, there is no fulfillment in making money. Perhaps somebody should take that into consideration when sitting back and cockily declaring how good, hard working, moneymaking republicans are the nation's breadwinners while lazy liberal losers are a shiftless joke.
