'Ownership Society's' bogus balance sheet

[NeoConsSuck]

ARROYO GRANDE, Calif. (CBS.MW) -- You're going to hear a lot about America's new "Ownership Society" and the "Investor Class" between now and the election. Too much. But you gotta admit, those slogans have great marketing pizzazz, like "The Great Society" or "The New Deal."

Unfortunately there's a slight problem folks: The "Ownership Society's" balance sheet is all hype, bogus, focused on assets, with little talk about the massive liabilities!

Karl Rove's focus groups must have discovered that today's "Investor Class" is so myopic they've stopped doing mundane things like balance-sheet analysis.

Wake up folks! The "Ownership Society's" balance sheet looks worse than Enron's scam back in the go-go days of the '90s. When the smoke clears after the election and reality sets in -- no matter who wins -- America's so-called "Investor Class" could be left holding a bag full of worthless illusions for their retirement accounts.

http://cbs.marketwatch.com/news/story.asp?siteid=mktw&dist=nwhpf&guid=%7B244BB05A%2D7FC3%2D4CA2%2DB163%2D2F360253B3F7%7D

[rogerashton]

1. "Ownership society" -- wouldn't that mean the workers own the companies

they work for? So that each person owns the product of his own labor.

That would be called cooperative socialism, the Cooperative Commonwealth. Yeah, I'm for that.

[Fovea]

2. The ownership society

where all the godly own slaves.
Welcome to the telos of John Calvin.

[The_Casual_Observer]

3. Ownership Era - the crux of bush's reason for being

delayed somewhat because of the 9/11 unpleasantries. The elimination of SS and Medicare. A go-it-alone approach for the non-trustfunders.