Comments on: Missing The Straight Talk In McCain’s Housing Speech http://wonkroom.thinkprogress.org/2008/03/25/mccain-housing-speech-2/ Thu, 26 Nov 2009 16:42:01 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: rogersnowden http://wonkroom.thinkprogress.org/2008/03/25/mccain-housing-speech-2/comment-page-1/#comment-300 rogersnowden Wed, 26 Mar 2008 02:34:11 +0000 http://thinkprogress.org/wonkroom/2008/03/25/mccain-housing-speech-2/#comment-300 Actually, if you think about it, Social Security is a demographic impossibility going forward. Better to invest some of your money today, while you are young, and avoid the need for that which will not be there. How would you fix SS? Increase taxes? It's easy to blame the "corporate elite", but if you mean the top 1% of taxpayers, they already pay nearly 40% of all Federal tax revenue. Hit them harder? Good luck with that one. As Theresa Kerry showed us, it is easy for them to avoid taxation, if they so desire. Maybe you just need a decent index-fund 401K and the self-discipline to contribute to it each paycheck. Oh, and live within your means. Even a modest income earner can retire nicely if he or she simply invests regularly from early career onwards. Actually, if you think about it, Social Security is a demographic impossibility going forward. Better to invest some of your money today, while you are young, and avoid the need for that which will not be there.

How would you fix SS? Increase taxes? It’s easy to blame the “corporate elite”, but if you mean the top 1% of taxpayers, they already pay nearly 40% of all Federal tax revenue. Hit them harder? Good luck with that one. As Theresa Kerry showed us, it is easy for them to avoid taxation, if they so desire.

Maybe you just need a decent index-fund 401K and the self-discipline to contribute to it each paycheck. Oh, and live within your means. Even a modest income earner can retire nicely if he or she simply invests regularly from early career onwards.

]]> By: JMOHR http://wonkroom.thinkprogress.org/2008/03/25/mccain-housing-speech-2/comment-page-1/#comment-282 JMOHR Tue, 25 Mar 2008 23:30:00 +0000 http://thinkprogress.org/wonkroom/2008/03/25/mccain-housing-speech-2/#comment-282 This is endemic of Republican/conservative politics. The corporate elite must be protected because they provide the ever dwindling crumbs on the floor upon which the rest of society must subsist. However, a conservative must show concern. Thus, the credit worthy peasants will be helped. Anyone else really deserves to go under and lose their homes because they were lazy riff-raff, speculators or other undeserving. Of course, those who were defrauded, misled, suddenly unemployed are also not credit worthy. Is it not nice that the same companies who preyed upon these people will also be the ones to determine whether they are worthy of mercy? <strong>GOOD JOB JOHNNY!</strong> This is endemic of Republican/conservative politics. The corporate elite must be protected because they provide the ever dwindling crumbs on the floor upon which the rest of society must subsist. However, a conservative must show concern. Thus, the credit worthy peasants will be helped. Anyone else really deserves to go under and lose their homes because they were lazy riff-raff, speculators or other undeserving. Of course, those who were defrauded, misled, suddenly unemployed are also not credit worthy. Is it not nice that the same companies who preyed upon these people will also be the ones to determine whether they are worthy of mercy? GOOD JOB JOHNNY!

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