This bill going down HAS to hurt mccain

[joevol320]

McCain showed more leadership on this then Obama. It's unpopular with the people put he did try to muster support for the bill, more the Obama did.

obama is just doing what he's done since he's been a senator. do nothing, but i guess it's working for him, he's leading in the polls and will become our next president.

 

[TennNC]

Financial literacy education might be the best use of tax dollars ever.

this addresses BPV's prior question.

A house is an investment everyone knows about.

The stock market is as foreign as Mandarin to a good chunk of the population.

 

[TennNC]

'there shoud be' implies some larger power provide them. That smacks of an Obama style gov't solution.
Posted via VolNation Mobile

Yep - that's exactly what I'm saying. It's the same thing I mean when I say that when I pay taxes, I expect to have roads and bridges to drive on. B/c, little secret here - I don't know how to build roads or bridges. And I sure hope a "larger power" can "provide" them.

 

[BigPapaVol]

this addresses BPV's prior question.

A house is an investment everyone knows about.

The stock market is as foreign as Mandarin to a good chunk of the population.

it is, but the implication that investments should me made available just doesn't make sense to me. People investing money have a responsibility to themselves to understand their investments or pay someone who does.

We weren't all made to be investors because not everyone can evaluate the risks.

A house as an investment is a beautiful idea, but it's not for everyone, as the market will attest right this minute. Not everyone has the discipline to get it right.

CDs aren't foreign. Savings accounts aren't foreign. Rental property isn't foreign. Investment advisors have a function in the world. Systematic investments like 401Ks and IRAs aren't foreign to anyone looking.

Saving money is foreign to large swaths of our society and that's more the problem than suitable investments or knowledge.

 

[BigPapaVol]

Yep - that's exactly what I'm saying. It's the same thing I mean when I say that when I pay taxes, I expect to have roads and bridges to drive on. B/c, little secret here - I don't know how to build roads or bridges. And I sure hope a "larger power" can "provide" them.

infrastructure is very clearly a function of our government. Trying to compare that to readily available investment vehicles is just absurdity. The gov't has no mandate to provide wealth to anyone, specified or implied.

what happens when a gov't provided solution loses someone their savings? How does that work?