Americans net worth have plummeted 40%....yet stock market has had two record years.

Discussion in 'Economy' started by iamwhatiseem, Jun 12, 2012.

  1. iamwhatiseem
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    iamwhatiseem Gold Member

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    According to the study - the average American lost 18 years of savings and retirement investment after 2007. All during record years on Wall Street.
    Once again - proving 401k and IRA money simply finances wealth for other people....not you.

    Family net worth plummets 40% - Jun. 11, 2012
     
  2. Wry Catcher
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    Wry Catcher Platinum Member

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    It's unfortunate Wall Street Bankers and Brokers hadn't had all of the money, common sense won out and Bush was unable to syphon off social security money into the abysss they created.
     
  3. iamwhatiseem
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    iamwhatiseem Gold Member

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    Not to frame the argument around Boooosh...but he was only a pawn in the game. And so is Obama. If you think otherwise you are a pawn for your party as well.
     

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