[quote=briansd1][quote=Rich Toscano][quote=briansd1]How about when the government bails out private pensions?
Don’t you think that the value of the your 401k has been help up by Federal action?[/quote]
In the short term, yes.
In the long term (the timeline that matters), absolutely not.[/quote]
It depends what your timeline is. If you only have 20 to 30 to live, I think that you should be glad that the government didn’t let the system collapse in 2008.[/quote]
This explains why your perspective is different from many of ours, brian. Since you are childless, you tend not to worry about what happens after you die. For the rest of us, it matters greatly.
Just an interesting observation that helps explain why you think all the intervention “saved” us. It didn’t, and perhaps you know that, but you (and/or your children — since you don’t have any) don’t plan on being around to suffer the consequences, apparently.
