{"id":17531,"date":"2011-11-02T16:52:50","date_gmt":"2011-11-02T16:52:50","guid":{"rendered":""},"modified":"2011-11-02T16:52:50","modified_gmt":"2011-11-02T16:52:50","slug":"why_would_you_let_barack_obama_invest_your_retirement_money","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/","title":{"rendered":"Why Would You Let Barack Obama Invest Your Retirement Money?"},"content":{"rendered":"<p>RUSH: A question: If Barack Obama can use taxpayer money to invest in risky private sector investments like all of these fraudulent, phony, there-is-no-business-there green energy loans&#8230;? If Obama could do that, if he can use taxpayer money to invest in risky private sector investments that go belly up, shouldn\u2019t we be able to put our retirement money in a safer place than Washington?  I personally don\u2019t mind risking my money on investments I trust.  What I don\u2019t like is other people risking my own money on investments only a fool would trust.  Privatizing a portion of Social Security is an argument that\u2019s always out there, and any time somebody brings it up seriously within the realm of politics they get shot down as, &#8220;It\u2019s the third rail, can\u2019t do that.&#8221; And of course look at how it\u2019s demagogued. <\/p>\n<p><img id=\"eZObject_55814\" class=\"alignright\" align=\"right\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/obamamoney.jpg\"\/><BR\/>How is it demagogued?  The argument for not privatizing even a portion of Social Security is that people might risk their retirement savings on risky investments.  &#8220;Yes, these stupid idiot people might go out there and invest their money in bad places! They might put their money in the stock market &#8212; oh, no! &#8212; and they might lose everything,&#8221; and then they cite the most recent market crash they can think of.  Well, excuse me, but isn\u2019t Obama risking everybody\u2019s retirement savings when he gives our money to green energy boondoggles?  There is no Social Security lockbox. It\u2019s all general funds.  So Obama\u2019s taking our retirement money, he places that money in very risky investments &#8212; crony capitalist investments &#8212; where the money, some of it, comes back to him in the form of campaign contributions. <\/line><\/p>\n<p>These shady businesses that he forces us to invest in are run by his campaign contributors and bundlers, and they\u2019re going belly up one after another.  Now, somebody explain to me why he can do that with our money and we can\u2019t.  It\u2019s our money, money that we want for our retirement, and any time somebody comes along and suggests that we have control of even a portion of it to invest ourselves someplace other than the black hole of Washington, &#8220;You can\u2019t do that! Why, you don\u2019t know what you\u2019re doing out there, and you\u2019re gonna invest it in the stock market, and those people are a bunch of crooks (even though they\u2019re our largest donors). They\u2019re a bunch of crooks and they\u2019re gonna lose everything! You\u2019re gonna be coming back to us when you lose it.  We can\u2019t let you do that!&#8221;<\/p>\n<p>Fine.  So we\u2019re to sit idly by while you throw away our money on schemes nobody with half a brain would invest in.  &#8220;What do you mean, Mr. Limbaugh, that nobody with half a brain would invest&#8230;?&#8221; If it weren\u2019t for all of these government loans none of these green energy firms would ever get started. The very fact that they need guaranteed government loans is proof positive they can\u2019t compete, and yet they\u2019re invested in &#8212; and Obama, his investment skill, intuition? Nobody ever questions it! They all question our own ability to handle our own money &#8212; and they all, in Washington, conclude, that we don\u2019t know what we\u2019re doing &#8212; and that we\u2019re gonna put in the stock market (Obama\u2019s biggest donors, by the way) and that we\u2019re gonna lose it, and then what? <\/p>\n<p>Well, the way I see it, the government has lost $16 trillion since it was founded.  That is the national debt.  They\u2019ve lost $16 trillion, and they tell us that we can\u2019t be trusted with our money.  It\u2019s patently absurd.  I was thinking about this a couple of nights ago.  I really am sick of everybody sending Obama their money so he can spend it lavishly on his donors.  Social Security is broke, and it\u2019s not because any of you misspent your savings.  Social Security is broke because the people you are forced to send it to can\u2019t manage it properly.  There\u2019s not a moral argument for Obama to give or lend everybody else\u2019s money to his friends or to anybody with a business that couldn\u2019t get a bank loan, and that\u2019s what\u2019s happening. And how come nobody questions his smarts? <\/p>\n<p>Why does nobody question his legal right to do that?  You gotta look at it this way, folks.  They tell you you\u2019re not competent enough to handle your own retirement money that they take from you in the first place, in the form of your FICA deduction on your paycheck. They take it from you, then they tell you that you don\u2019t have the smarts to deal with it, only they do.  They have lost $16 trillion of that money and who knows where else it came from?  Just another reason why Social Security and medical accounts all need to be privatized.  Socialism has failed.  It\u2019s been tried, &#8220;With the smartest people, the most compassionate people, the people who are smarter and have so many good friends and they\u2019ve studied it. The people who say, &#8216;Yes, it\u2019s failed in the past but because the wrong people tried it and we never, ever really had it properly funded.'&#8221;  Well, now, the &#8220;right&#8221; people are in charge, gotta properly fund it and it\u2019s a bigger boondoggle than ever. We tried socialism; it fails.  Only an idiot would continue to give good money to bad people.  But the thing here is, we\u2019re not giving it.  It\u2019s being taken.  And a series of rank amateur hucksters led by Obama is taking our money and throwing it down a rathole called green energy, for the express purpose of a portion of it coming back to them in the form of campaign contributions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: A question: If Barack Obama can use taxpayer money to invest in risky private sector investments like all of these fraudulent, phony, there-is-no-business-there green energy loans&#8230;? If Obama could do that, if he can use taxpayer money to invest in risky private sector investments that go belly up, shouldn\u2019t we be able to put [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Would You Let Barack Obama Invest Your Retirement Money? - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Why Would You Let Barack Obama Invest Your Retirement Money? - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: A question: If Barack Obama can use taxpayer money to invest in risky private sector investments like all of these fraudulent, phony, there-is-no-business-there green energy loans&#8230;? If Obama could do that, if he can use taxpayer money to invest in risky private sector investments that go belly up, shouldn\u2019t we be able to put [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/obamamoney.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GeorgePrayias\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/www.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/obamamoney.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/obamamoney.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/#webpage\",\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/\",\"name\":\"Why Would You Let Barack Obama Invest Your Retirement Money? - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/#primaryimage\"},\"datePublished\":\"2011-11-02T16:52:50+00:00\",\"dateModified\":\"2011-11-02T16:52:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rushlimbaugh.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why Would You Let Barack Obama Invest Your Retirement Money?\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4\",\"name\":\"GeorgePrayias\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g\",\"caption\":\"GeorgePrayias\"},\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/author\/GeorgePrayias\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why Would You Let Barack Obama Invest Your Retirement Money? - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/11\/02\/why_would_you_let_barack_obama_invest_your_retirement_money\/","twitter_card":"summary","twitter_title":"Why Would You Let Barack Obama Invest Your Retirement Money? - The Rush Limbaugh Show","twitter_description":"RUSH: A question: If Barack Obama can use taxpayer money to invest in risky private sector investments like all of these fraudulent, phony, there-is-no-business-there green energy loans&#8230;? 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