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re: If one of the Democratic Candidates becomes President, what to do with your money?

Posted on 7/1/19 at 12:59 pm to
Posted by lsujro
north of the wall
Member since Jul 2007
3927 posts
Posted on 7/1/19 at 12:59 pm to
quote:

But all of the more crazy stuff - stealing investment accounts, etc, won't likely ever happen. Never say never, but I wouldn't plan for that.


the concept of the US government confiscating retirement accounts is so far fetched and absurd that it almost warrants no discussion. if this country ever gets the point where that is even a feasible idea, we all have bigger things to worry about than our damn retirement accounts.

the fear mongering on both sides is just out of hand, and this thread is a great example of what it leads to. even the "socialist" dems aren't true socialists. they aren't advocating for socialism. they are advocating for expanding the social safety net and things like student loan forgiveness. that's not socialism. nobody is arguing for wholesale scrapping of capitalism. that's just a straw man being used to rile up people who, for the most part, don't have the intelligence to see it for what it is.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37333 posts
Posted on 7/1/19 at 2:23 pm to
quote:

the concept of the US government confiscating retirement accounts is so far fetched and absurd that it almost warrants no discussion. if this country ever gets the point where that is even a feasible idea, we all have bigger things to worry about than our damn retirement accounts.

the fear mongering on both sides is just out of hand, and this thread is a great example of what it leads to. even the "socialist" dems aren't true socialists. they aren't advocating for socialism. they are advocating for expanding the social safety net and things like student loan forgiveness. that's not socialism. nobody is arguing for wholesale scrapping of capitalism. that's just a straw man being used to rile up people who, for the most part, don't have the intelligence to see it for what it is.




Faith partially restored here on the MT.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 7/1/19 at 2:32 pm to
quote:

the fear mongering on both sides is just out of hand, and this thread is a great example of what it leads to. even the "socialist" dems aren't true socialists. they aren't advocating for socialism. they are advocating for expanding the social safety net and things like student loan forgiveness. that's not socialism. nobody is arguing for wholesale scrapping of capitalism. that's just a straw man being used to rile up people who, for the most part, don't have the intelligence to see it for what it is.

Thank you (seriously).
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
79562 posts
Posted on 7/1/19 at 3:20 pm to
Ignorance is indeed bliss. And your bliss is the same establishment Institutional bliss that societies always exhibit before the tumult and upheaval change the game . It’s the same as the Bankruptcy principle - it happens very slowly and then ALL AT ONCE. Those with the most to lose are always the most surprised . And the most resistant to the idea that anything bad could ever happen.

It’s a form of Institutional decadence- a hubris of the insular. A belief that because one is rational and constructive that others are rational and constructive. And yet history is replete with those who just want to see the world burn, lighting the world aflame because their moment finally arrivesd. While others stand there with their mouths agape, not believing that humans are once again acting like humans. It is folly to believe America is immune to these forces.
This post was edited on 7/1/19 at 3:32 pm
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15212 posts
Posted on 7/1/19 at 4:10 pm to
quote:

student loan forgiveness


Maybe this should be it's own thread, but I'd love the MB's opinion on this (just student loan forgiveness and not free college).

As someone that is currently paying on student loans, I think it's completely absurd to forgive the debt. The money comes from taxpayers and over half the taxpayers do not have a college degree.

If you took out your entire college on student loans and got a worthless degree, well that is your fault; not the taxpayers. I am all for making college cheaper by eliminating worthless degrees or, at the very least, let only private colleges offer certain programs and state colleges offer more STEM programs, which would make state institutions cheaper by eliminating entire departments.
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