Trillion

[knabe]

.every working man and woman who got sucked into the 401k/ stock option retirement  sceme and " pay it forward" college education " investments" got raped....5 yrs ago if yoiu wree planning to reitre this year....youi've got alot ground to make up...

not necessarily true.  i reallocated in 2001 and 2007.  doing ok. 

the best piece of investment advice i ever got was that until your contributions are outpaced by interest you could make, don't worry about trying to find the best interest rate.  also, when that happens, you will have enough money that your spending habits may change.  in the beginning, you can easily make more money from saving than you can on interest with no risk.

no one forced anyone to do anything.  i still have a long term CD going earning 4.5% interest.  i thought it was low at the time and was worried about getting raped.

it's a good idea to have 6 months earnings in the bank in a low risk position.  after that, you can risk more.  risk and speculation are a good thing.  breeding cattle is a risk and speculation.

 

[knabe]

http://finance.yahoo.com/tech-ticker/article/284491/Barney-Frank-Wants-a-%27Say-on-Pay%27-What-He%27ll-Do-To-Reform-Wall-St.-Compensation;_ylt=Alt0wN4TEf_P9RdclYBt2dS7YWsA?tickers=gs,jpm,c,xlf,skf,aig,ms&sec=topStories&pos=8&asset=&ccode=

"People were getting rich who were making bets that went bad. We can’t allow that to keep happening"


who is forcing people to invest?  can't you vote by buying or not buying stock?

frank merely wants a guarantee on risk.

how about giving the american public the POWER to set the salary of congress?

frank is a protected class and wants to create more protected classes to vote for him rather than ANYTHING else.

 

[JbarL]

.every working man and woman who got sucked into the 401k/ stock option retirement  sceme and " pay it forward" college education " investments" got raped....5 yrs ago if yoiu wree planning to reitre this year....youi've got alot ground to make up...

no one forced anyone to do anything.  i still have a long term CD going earning 4.5% interest.  i thought it was low at the time and was worried about getting raped.

i think you might want to hear from  some other working folks...."penison plans"....ie..employers matching funds for "retirement" held "within the control of the employer"...are pretty much gone...employers  like the 22% reduction in payroll due each month to give a crap about what happens in 20 ys to the money or there employees....most options for retirement plans now are either stock options or the 401k route...both should be collected with masks over there face as far as im concerned...might as well be coal company "script" paper...worthless in the real world..jbarl

 

[knabe]

i think you might want to hear from  some other working folks...."penison plans"....ie..employers matching funds for "retirement" held "within the control of the employer"...are pretty much gone...employers  like the 22% reduction in payroll due each month to give a crap about what happens in 20 ys to the money or there employees....most options for retirement plans now are either stock options or the 401k route...both should be collected with masks over there face as far as im concerned...might as well be coal company "script" paper...worthless in the real world..jbarl

so start a business, go work for someone else, learn a higher paying skill, quit watching tv, eating out, cell phone, cable.

the reductions are simply reinforcement of my comments regarding subsidies and favoritism.  get rid of them.  you sound like me more every day.

with 401's, you are not obligated to invest in stocks.  you are not even obligated to participate in a 401 and you can eliminate teh employer 22% reduction and just keep your money.

what's the interest rate on complaining?

again, no one is forcing anyone to do anything for retirement.  if you don't like it, choose another route.  it works.  it's not hard.

in one sense, even the dollar is script money right now with a 2 trillion dollar deficit for this year, a 12 trillion overall debt and more coming fast.  there is only one way to pay it back.  cheaper money because it isn't going to come from taxes as the more you tax people who invest and take risks, the less they will do so and will do so overseas.  that's one of the REAL reasons for job losses in this country.

progressives simply hate private sector jobs.

 

[JbarL]

i think you might want to hear from  some other working folks...."penison plans"....ie..employers matching funds for "retirement" held "within the control of the employer"...are pretty much gone...employers  like the 22% reduction in payroll due each month to give a crap about what happens in 20 ys to the money or there employees....most options for retirement plans now are either stock options or the 401k route...both should be collected with masks over there face as far as im concerned...might as well be coal company "script" paper...worthless in the real world..jbarl

with 401's, you are not obligated to invest in stocks.  you are not even obligated to participate in a 401 and you can eliminate teh employer 22% reduction and just keep your money.what's the interest rate on complaining?

again, no one is forcing anyone to do anything for retirement.  if you don't like it, choose another route.   it works.  it's not hard.

you may find that is not always so....especially at 401ks inception.( 80's)...it "was" presented as your "new" retirement plan,20 yrs ago...many folks had no choice,  ...like it or leave it.....the one they just got everyones money out of.....now i dont no...i got out shortly after " mission accomplished" as well...jbarl

 

[knabe]

you may find that is not always so....especially at 401ks inception.( 80's)...it "was" presented as your "new" retirement plan,20 yrs ago...many folks had no choice,  ...like it or leave it.....the one they just got everyones money out of.....now i dont no...i got out shortly after " mission accomplished" as well...jbarl
[/quote]

don't ever remember them being mandatory. just because a pension was removed doesn't make them mandatory.  one could simply save their own money in their own account.  same thing they should be doing now.

 

[OqRanch]

How much is a trillion? Is it 1,000,000,000,000. My Big Chief tablet doesn't go that high.

What a trillion $ looks like stacked on double pallets.

http://images.google.com/imgres?imgurl=http://ttoes.files.wordpress.com/2009/04/image0055.jpg&imgrefurl=http://ttoes.wordpress.com/2009/04/14/one-trillion-dollars-how-big-is-that/&usg=__F-auUPSBw6TTXU9_6Nsy6jhL7zI=&h=274&w=570&sz=23&hl=en&start=6&um=1&tbnid=8cnjiNhkoXNqVM:&tbnh=64&tbnw=134&prev=/images%3Fq%3Dtrillion%2Bdollars%26hl%3Den%26rls%3Dcom.microsoft:en-us%26sa%3DX%26um%3D1

 

[knabe]

http://finance.yahoo.com/news/Employers-Can-Override-Your-usnews-453873925.html?x=0&.v=1

One of the ideas behind 401(k) retirement accounts is that employees decide how much to save and how to invest it and then reap the rewards or losses of their choices. But workers aren't in full control of their retirement money. Sometimes an employer can override a worker's investment choices.


you have the option to move them back and say hands off.

it's also why when i leave a company, that i don't retain the mgmt of my finances with them or roll it over.

 

[knabe]

http://www.borderinvasionpics.com/

1-22-09: The Department of Homeland Security has blocked access to this website from DHS.gov computers.

cool, it's not like they couldn't use terrain to figure out where these trails are, set up their own cameras and act on intelligence.

BOTH parties are responsible.  so are you the voter.

 

[JbarL]

http://www.borderinvasionpics.com/

1-22-09: The Department of Homeland Security has blocked access to this website from DHS.gov computers.

cool, it's not like they couldn't use terrain to figure out where these trails are, set up their own cameras and act on intelligence.

BOTH parties are responsible.  so are you the voter.

i quess ti would be a lttle different for me if i grew up in a border state....so when you atlk about "you the voter"...i could only imagine acal/texa/ariz/newmex ect...voter...i just cant see an ohio/west va/penn/ missouri/  ect state government actually having politicians in office that would have allowed it to even get started/ let alone progress to this....i'm all  .in for chippin' in on the cost to stop this...but im afraid the blame needs to be sent to the "voters" that live in states/counties/towns in the states that the deer and the antolope and the illegals roam> especially after 8 yrs of illegal immigrant experts ahve 6 yrs control of the the senate...homeland security....hummm...maybe cheney can get a secrect message to them and let them no that theres going to be 10 thousand or so marching in the streets in california...justice delayed is justice denied....they are going to creep into a state thats not so tolerant sooner or later...is cheneys secrect  homeland security  army going to defend the residents of those states that just " say no " .......or the illegals?  jbarl

 

[knabe]

http://www.youtube.com/watch?v=fRdLpem-AAs&eurl=http%3A%2F%2Fhotair%2Ecom%2Farchives%2F2009%2F07%2F18%2Fquote%2Dof%2Dthe%2Dday%2D534%2F&feature=player_embedded

cheney's army.  you have to be kidding.  what about obama's brown shirt army that he wants to be as big as the current military to spread liberalism at the taxpayer expense.  how else could liberalism work?  get conservative job creators to pay for it.

 

[JbarL]

bush's army excuse me...just a little "government prrogram" added by the repubs while they so boldy led....??  kent state army is more llike it...
some time its hard to remember who was supposed to be in charge.. and which one was hiding...or which one was "supposed to be"...but he wasnt cause no one new he was really not the one that could have made any decisions or talk of decisons while the congress thought that bush said ...yada yada yada...and while we chat ...they just keep commin' in...maybe hire all the elkhart indiana and flint michigan laid off manufacturing workers...they got some time to earn a little "round up" bounty from the dept of homeland security.......(.might get more than ya think.... from alot more places too ..industrious americans with time on there hands  hummmm     ).... regan musta sure new the bush's and cheneys  was a commin when he warned us sometimes " governement is the problem"....jbarl

 

[knabe]

why isn't obama out of iraq and afghanistan?  if we can blame bush, we sure can blame FDR and Johnson for all the ill they did.  they were a lot worse than all the bush's combined.  obama will outdo them all.  it will be the end of the progressive movement.  or at least it's subsidy cause for dang sure they don't create wealth.

 

[knabe]

if only our elections were as secure as mexico's.

http://www.americanthinker.com/2009/07/mexicos_midterm_elections.html

In Mexico, every registered voter has an official ID card, complete with photograph, fingerprint and a holographic image.  It's not just the existence of the card that's important, but how it is used.

At the Mexican polling station, there is a book containing the photographs of every voter in the precinct.  When a Mexican voter presents his card, the poll worker looks up his photo to see if it matches up. If it does, a mark is made next to the photo in the book, and the voter is allowed to cast his ballot.

When I was there on July 5th, a voter's photo ID didn't match up with her photo in the book, because she brought her previous voter ID  and not her current card. She wasn't allowed to vote, and had to go home to get her current ID.

After  voting, the  Mexican voter's thumb ink is applied to his thumb. That way, if he shows up at another polling site to vote, they know he's already voted elsewhere. (The ink wears off after a few days.)

In contrast, U.S. voter registration  is a joke. In many states, it's not even necessary to prove one's citizenship, or even one's identity! Registrars have been instructed not to be inquisitive about applicants' citizenship - or lack thereof.


but in america, it's about cheap labor and votes.

 

[knabe]

http://www.americanthinker.com/blog/2009/07/government_run_health_care_mor.html

Since 1970, Medicare and Medicaid's combined per-patient costs have risen from $344 to $8,955, while the combined per-patient costs of all other US health care have risen from $364 to $7,119.

no wonder they want to lower medicaid payment for doctors.  doctors will get taxed more because they make more, and they will get reimbursed less, therefore paying for the health care of those on the government plan.

simple. let democrats figure out who has stuff and take it from them.  of course some, ie jbarl, will point out that doctors are frauds too, but no more or less than the population as a whole.  no democrat or union can ever do harm.  they are perfect.  that's why i want no favorites, no favoritism for unions, none for employers.  but no, with liberals, their only argument is everyone is evil except them.  perhaps only jesus could be more perfect.  oops, liberals are secular humanists.

is there a union person out there capable of hiring anyone or developing a product?  not on any scale.  it would involve risk.  something they are averse to.

 

[Jill]

..industrious Americans with time on there hands  hummmm   

Industrious Americans don't have time on their hands, they have already found something else to do!

 

[knabe]

..industrious americans with time on there hands  hummmm   

ration time.

 

[JbarL]

paranoia

 

[aj]

Grow up my friend.....you'll eventually have to "gradually given in to knowledge" (Jerry Jeff Walker).

 

[knabe]

paranoia

paranoia is what democrats excel at.  "we have to pass health care NOOOOOOOOW  or the world will end.  we have to pass the democrat supporter stimulus bill NOOOOOOOW, we have to pass global warming bill NOOOOOOOOW,  we have to pas cap and trade NOOOOOOOW, we need a second stimulus NOOOOOW, we have to have mass transit NOOOOOOW, on and on"  there is seemingly no end in sight for government programs.  should we just do everything through the government?

what commerce should not be through the government?

where's the call to get out of iraq afghanistan?