The Nattering Nabob makes an insightful observation about a Bush assertion

A damn insightful observation from The Nattering Nabob. Nattering Nabob is not a Bush fan, and I take everything posted on this blog with a healthy grain of salt, but I am usually impressed with the writing. I did not watch the SOTU address, and I am unaware of the comment she refers to or its context. But, she is 100% correct, the statement in and of itself would be illegal if given as advice from a financial advisor to an investor. Personally, I think that most social security "investors" would manage to lose money by investing their money in the stock market. Of course, the real reason for Bush advocating this policy is to enrich Wall Street by flooding it with dollars that would otherwise be sent to the safety of the U.S. Treasury.

The Nattering Nabob

Comments

Iggy said…
Thank you for the mention. I don't blame you for taking everything I say with a grain of salt, but I'm glad you like the writing.

And by the way, I love baseball almost as much as I dislike Bush. Good blog.
12:46 PM
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