No,wallstreet has NOTHING TO DO WITH A PRIVATE CITUZEN GOVERNMENT INVESTMENT ACCOUNT.
because,it will only contain the citizens money.
if a citizen doesnt elect to invest,no money in the account.plain and simple.
what part of that is not understandable to liberals?
I'm just curious - in this "brave new world" you envision, what will happen to those who decide they don't want to invest, and would rather have a big screen TV today than a "Citizen Government Investment Account"? When they reach retirement age, do you believe that they will simply be allowed to starve? No, what you are proposing will give those in society that are least responsible another way to cheat the system; they will be destitute at 65 and we will then be on the hook to sustain them. There will be an outcry of "how could we let these people starve, when the rich (or the middle class, or anyone with a few bucks) have so much?" Here is a fable to illustrate what would happen:
The Ant And The Grasshopper (Traditional)The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks heÂ’s a fool and laughs and dances and plays the summer away. Come winter, the ant is warm and well fed. The grasshopper has no food or shelter so he dies, out in the cold.
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The Ant And The Grasshopper (Modern American Version)The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks heÂ’s a fool and laughs and dances and plays the summer away.
Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while others are cold and starving. CBS, NBC and ABC show up to provide pictures of the shivering grasshopper next to a video of the ant in his comfortable home with a table filled with food. America is stunned by the sharp contrast. How can it be that, in a country of such wealth, this poor grasshopper is allowed to suffer so?
Then a representative of the AGB (The Association of Green Bugs) shows up on Nightline and charges the ant with green bias, and makes the case that the grasshopper is the victim of 30 million years of greenism. Kermit the Frog appears on Oprah with the grasshopper, and everybody cries when he sings ‘‘It’s not easy being green.’’
President Obama and Hillary Clinton make a special guest appearance on the CBS Evening News to tell a concerned Katie Couric that they will do everything they can for the grasshopper who has been denied the prosperity he deserves by those who benefited unfairly during the Bush summers.
A congressman exclaims in an interview that the ant has gotten rich off the back of the grasshopper, and calls for an immediate tax hike on the ant to make him pay his ‘‘fair share.’’ Finally, the EEOC drafts the ‘‘Economic Equity and Anti-Greenism Act’’ retroactive to the beginning of the summer. The ant is fined for failing to hire a proportionate number of green bugs and, having nothing left to pay his retroactive taxes, files for bankruptcy, and his home is confiscated by the courts.
Hillary gets her old law firm to represent the grasshopper in a defamation suit against the ant, and the case is tried before a panel of federal hearing officers that President Obama appointed from a list of single-parent welfare moms who can only hear cases on ThursdayÂ’s between 1:30 and 3 PM.
The ant loses the case.
The story ends as we see the grasshopper finishing up the last bits of the ant’s food while the government house he’s in, which just happens to be the ant’s old house, crumbles around him since he doesn’t know how to maintain it. The ant has disappeared in the snow. And on the TV, which the grasshopper bought by selling most of the ant’s food, they are showing Nancy Pelosi standing before a wildly applauding group of Democrats announcing that a new era of ‘‘fairness’’ has dawned in America.
Sound at all familiar?
