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No Vested Interest

(5,166 posts)

15. Growth in the stock market is good for those with state-funded pensions and those with Roth

Reply to JackRiddler (Original post)

Thu Aug 28, 2014, 03:42 PM

Aug 2014

and other IRAs.

Large state-operated pension systems are among the largest holders of stocks and mutual funds.
These pensioners are among what remains of the middle class, and many states are trying to downgrade or eliminate state pensions.

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To hell with the S&P index and its new high. [View all] JackRiddler Aug 2014 OP

You'll be told homeless people check the markets every day leftstreet Aug 2014 #1

Unfortunately, many mentally ill people... JackRiddler Aug 2014 #9

Exactly! ... ""The most "successful" of these sociopaths are held up as role models for the young."" RKP5637 Aug 2014 #28

I like all of your post but want to say something that might sound like disagreement. NCTraveler Aug 2014 #2

I get what you're saying. JackRiddler Aug 2014 #10

Great op and thanks for the thoughtful and intelligent reply. NCTraveler Aug 2014 #12

It's one indicator of many. An economy is not just a financial construct, and people forget that. haele Aug 2014 #23

This sounds so...so...liberal! BrotherIvan Aug 2014 #3

Big ass rec! progressoid Aug 2014 #4

To the Greatest Page. woo me with science Aug 2014 #5

The good performance of the stock market under Democrats like Clinton and Obama Nye Bevan Aug 2014 #6

It is a testament to the cycles of capitalism. JackRiddler Aug 2014 #8

K/R Maven Aug 2014 #7

It's a talking point designed to box the rich conservatives into a corner. conservaphobe Aug 2014 #11

Okay. JackRiddler Aug 2014 #16

Amen, brother. K&R nt TBF Aug 2014 #13

Rich people getting richer is THE MOST IMPORTANT THING IN THE WORLD. valerief Aug 2014 #14

Is this serious or sarcasm? taught_me_patience Aug 2014 #20

The rich getting richer does not "drive all evil." JackRiddler Aug 2014 #27

You said it soooo well! nt valerief Aug 2014 #32

Serious. It DRIVES everything. And I don't make the rules. nt valerief Aug 2014 #31

And sadly the youth get sucked into it, thinking it's all about patriotism and love of country. RKP5637 Aug 2014 #30

Every generation gets their brainwashing and punishment for believing it. nt valerief Aug 2014 #33

Growth in the stock market is good for those with state-funded pensions and those with Roth No Vested Interest Aug 2014 #15

What about folks with 401Ks? el_bryanto Aug 2014 #17

What about them? JackRiddler Aug 2014 #19

Do they gain money when it succeeds? nt el_bryanto Aug 2014 #22

Do they lose money when it doesn't? JackRiddler Aug 2014 #34

kick woo me with science Aug 2014 #18

What do you propose to replace it with? taught_me_patience Aug 2014 #21

What do you propose to replace it with? JackRiddler Aug 2014 #24

He asked what do you propose you change it with, and you just kept explaining what's wrong riseabove Aug 2014 #26

And it's the wrong question. JackRiddler Aug 2014 #29

Hear, hear! k&r n/t Laelth Aug 2014 #25

K&R Couldn't agree more! raouldukelives Aug 2014 #35

Yes and yes, but as for the name of the system... JackRiddler Aug 2014 #37

The corporate ownership system is destroying our economy. Taitertots Aug 2014 #36