Thursday, August 24, 2006

Chet's Demagoguery Rebuked II

TX Congressional Dist. 17 Election 2006 Post 7
Van Taylor vs. Chet Edwards

It's true Van Taylor owns EXXON MOBIL stock and he respects and even reveres the words "... that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the Pursuit of Happiness..." The American pursuit of happiness is what drives men like his Great-Grandfather to pursue a dream that became a world-wide company, a giant of industry. Yes, he inherited EXXON stock but what Mr. Edwards won't tell young people is that he voted against privatizing your own social security account.

Through privatization, young people could direct their own account; investing their own money in an assortment of approved mutual funds and stocks, experiencing the creation of wealth and even will the proceeds to their heirs just like Van's family has been able to do. He believes young people should have the opportunity to equality through investing their own retirement funds in proven growth funds like EXXON MOBIL stock instead of the current social security method which is to write young people an I.O.U. and file it in a metal file cabinet. No investment, no interest, no future wealth.

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