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question everything

(47,483 posts)
Thu Apr 7, 2016, 07:51 PM Apr 2016

So Sanders is "against" Wall Street

Yet, he has retirement accounts thorough the Thrift Saving Plan

The financial disclosure forms does not require Sanders to disclose the amount of savings or the kinds of investments he holds in his government retirement savings account, known as the Thrift Savings Plan — the well-regarded retirement plan, similar in many ways, to a private-sector 401(k)

Sanders’ campaign did not reply to repeated emails from MONEY about his finances and his retirement account.

http://time.com/money/4235986/bernie-sanders-millionaire-finances/

And where does this plan invest? Why in stock and bonds, of course.

https://en.wikipedia.org/wiki/Thrift_Savings_Plan

But, hey, other "millionaires" are the bad guys. Not Sanders.

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
So Sanders is "against" Wall Street (Original Post) question everything Apr 2016 OP
He's against CORRUPTION on Wall St. Not investing in stocks. Why would Sanders be for TAXING think Apr 2016 #1
I really hope... CompanyFirstSergeant Apr 2016 #2
I wonder how many of Sanders supporters agree with you question everything Apr 2016 #3
I understand and fully sympathise. CompanyFirstSergeant Apr 2016 #4
Wow. Do you know that this was Monday's bullshit? Warren Stupidity Apr 2016 #5
Man some people are either really disingenuous or really obtuse... GeorgiaPeanuts Apr 2016 #6
 

think

(11,641 posts)
1. He's against CORRUPTION on Wall St. Not investing in stocks. Why would Sanders be for TAXING
Thu Apr 7, 2016, 07:56 PM
Apr 2016

Wall St speculation to help pay for college education if he was against investing?

Think about that for a minute and really let it sink in...

 

CompanyFirstSergeant

(1,558 posts)
2. I really hope...
Thu Apr 7, 2016, 07:58 PM
Apr 2016

...you are being sarcastic.

If you are not, I hate to inform you that...

Any middle to upper middle class family with a nice house that is paid off, who has saved a responsible portion of their income, who has a respectable pension plan and no debt, should, by their 50s, have at least a half million in assets.

Nowadays, it's not that big a number.

question everything

(47,483 posts)
3. I wonder how many of Sanders supporters agree with you
Thu Apr 7, 2016, 08:01 PM
Apr 2016

Many middle class families went through several job losses, including losing their houses. And whatever savings they had was used up during the "great recession."

 

CompanyFirstSergeant

(1,558 posts)
4. I understand and fully sympathise.
Thu Apr 7, 2016, 08:06 PM
Apr 2016

As I have said in recent posts, I am currently working with inner city students to enable them to acquire job skills.

I don't know if I could handle the emotional strain of working with economically displaced adults.

It's just that barring a personal economic crisis, the numbers we are talking are not really that big anymore.


Most pension plans invest in stocks. I have money in the bank. I am I 'in with' the bankers?

One way I weathered the storm was to switch to a fixed return retirement plan back in 2007 when everyone was still living high.

I knew my teacher assigned 'Grapes of Wrath' for a reason.

 

Warren Stupidity

(48,181 posts)
5. Wow. Do you know that this was Monday's bullshit?
Thu Apr 7, 2016, 09:13 PM
Apr 2016

You need to check in with your camp counselor more frequently. Today's bullshit is "how dare he call her unqualified".

Please get with the program.

 

GeorgiaPeanuts

(2,353 posts)
6. Man some people are either really disingenuous or really obtuse...
Thu Apr 7, 2016, 09:16 PM
Apr 2016

I swear the attacks on Bernie get more outlandish by the day.

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