Sunday, July 07, 2019

The Stock Market and Me


The Stock Market and Me
Col. Mike Walker,  USMC, retired

All,

The radical left rails against the stock market and tells me that it only helps the rich.

It is a real hoot when leftist politicians lie to me and expect me to believe their lies. It is hard not to laugh out loud. 

Here is the truth.

I get a good part of my retirement income from the California State Teachers and Public Employees Retirement Systems (Cal STRS and Cal PERS).

According to socialist democrats, because I own no stock (sold my modest holding when I retired) I get nothing from the stock market.

They shout "inequality" and scream that only the rich benefit. Baloney!

Cal STRS and Cal PERS together own the biggest stock portfolio in the world -- far richer than the richest of the richest billionaires. 

And the money Cal STRS and Cal PERS make in the stock market help me!

Even though I do not personally own stock, I get thousands of dollars a year from the stock market because Cal STRS and Cal PERS does and they send me the checks.

That is true for millions and millions and millions of average Americans who do not own a single share of stock.

And then add in the millions and millions of average Americans who have savings plans that have stocks in them.

When democratic socialists want to destroy big businesses and the stock market and banks...

...they are trying to destroy the futures of the vast majority of Americans.

Here is my message to the radical leftist democrats:

I AM JUST AN AVERAGE AMERICAN SO STOP LYING AND STOP TRYING TO DESTROY MY FAMILY'S FUTURE!