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Re: Early Retirement headed for the Endangered Species list?
Old 04-27-2007, 06:44 AM   #21
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Re: Early Retirement headed for the Endangered Species list?

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Originally Posted by Alex
yeah, the government is sooooo good at managing things : : :
Federal Thrift Savings Plan (TSP) - .03 ER
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Re: Early Retirement headed for the Endangered Species list?
Old 04-27-2007, 07:55 AM   #22
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Re: Early Retirement headed for the Endangered Species list?

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Originally Posted by Ed_The_Gypsy
If you like the post office, you will love nationalized [oil] [medicine] [whatever].
Yup! - I Love the post office. My mail always gets delivered and I always receive it! - through rain, sleet and snow.

Maybe you prefer the service of Northwest Airlines. Or your 'favorite airline'?

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Re: Early Retirement headed for the Endangered Species list?
Old 04-27-2007, 08:48 AM   #23
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Re: Early Retirement headed for the Endangered Species list?

I love XOM. It is up 43.5% since I bought it and pays a nice dividend regularly. Without those record profits, both the dividend and the capital gains would be less.

I would stay away from transportation (e.g. NWA) and other low-margin businesses. Retirees need assured income.
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Re: Early Retirement headed for the Endangered Species list?
Old 04-27-2007, 10:18 AM   #24
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Re: Early Retirement headed for the Endangered Species list?

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Originally Posted by Cut-Throat
Yup! - I Love the post office. My mail always gets delivered and I always receive it! - through rain, sleet and snow.

Maybe you prefer the service of Northwest Airlines. Or your 'favorite airline'?

Ya apples to apples there... :
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Re: Early Retirement headed for the Endangered Species list?
Old 04-27-2007, 03:51 PM   #25
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Re: Early Retirement headed for the Endangered Species list?

I agree!

Less government - more Haliburton!!!!

......hmmmmmm, on the other hand
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Re: Early Retirement headed for the Endangered Species list?
Old 04-27-2007, 05:08 PM   #26
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Re: Early Retirement headed for the Endangered Species list?

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Originally Posted by genghis
I agree!

Less government - more Haliburton!!!!

......hmmmmmm, on the other hand
LOL! - Yeah maybe they'd like Enron to run their Pension Funds!
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Re: Early Retirement headed for the Endangered Species list?
Old 04-27-2007, 05:11 PM   #27
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Re: Early Retirement headed for the Endangered Species list?

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Originally Posted by Cut-Throat
LOL! - Yeah maybe they'd like Enron to run their Pension Funds!
No I was hoping for something ran like the welfare system
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Re: Early Retirement headed for the Endangered Species list?
Old 04-28-2007, 04:05 PM   #28
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Re: Early Retirement headed for the Endangered Species list?

Quote:
Originally Posted by Cut-Throat
Yup! - I Love the post office. My mail always gets delivered and I always receive it! - through rain, sleet and snow.

Maybe you prefer the service of Northwest Airlines. Or your 'favorite airline'?

as long as you don't mind getting when it suits the Post Office, yeah, they're just terrific. Especially when it arrives shredded and unreadable,gotta love that. My mail carrier is a drunkard. She delivers the mail when it suits HER. Sometimes I go days without any mail at all. When I called to complain they tranferred my call to a computer. After an hour I hung up. Now I just give her a bottle of Jim Beam for Christmas. Seriously, when I need medical care I don't want people with the intelligence of the average postal worker performing it. No offense to Postal workers, but as a group they aren't the sharpest bunch.
Quote:
Originally Posted by Cut-Throat
You guys sound just like the Hoover supporters of the late 20's. - If the government would not have stepped in you would not be here to complain.
So without the BIG Gov't programs of the thirties my parents would have stopped having sex? Wow, your vision of Gov't is Omnipotent!!! Do you worship the Fed on Sundays??
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Re: Early Retirement headed for the Endangered Species list?
Old 04-28-2007, 05:40 PM   #29
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Re: Early Retirement headed for the Endangered Species list?

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Quote:
yeah, the government is sooooo good at managing things
Federal Thrift Savings Plan (TSP) - .03 ER
if the gov't was actually running this (as opposed to contracting it out) you'd likely be looking at 3% ERs and who knows what kind of performance.
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Re: Early Retirement headed for the Endangered Species list?
Old 04-28-2007, 05:48 PM   #30
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Re: Early Retirement headed for the Endangered Species list?

I have plenty of 55+ customers visiting me in the Department of Labor (my clients are all veterans)...some NEED to work financially....some NEED to work emotionally...a few others NEED to work to save their lives (wife will kill them if not out of the house!!) (latter true, but meant to be funny)

The guys collecting pensions looking to work at a golf course or tend bar are good to chat with...they are looking to augment their social life...

The financial have to's are pretty sad.
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Re: Early Retirement headed for the Endangered Species list?
Old 04-28-2007, 06:38 PM   #31
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Re: Early Retirement headed for the Endangered Species list?

Quote:
... GOP fixes to FDR programs ...
don't attribute to FDR that which correctly should be attributed to Kaizer Wilhelm and Otto von Bismarck
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Re: Early Retirement headed for the Endangered Species list?
Old 04-28-2007, 07:07 PM   #32
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Re: Early Retirement headed for the Endangered Species list?

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Originally Posted by d
Federal Thrift Savings Plan (TSP) - .03 ERif the gov't was actually running this (as opposed to contracting it out) you'd likely be looking at 3% ERs and who knows what kind of performance.
The Federal Government contracts almost everything out. Don't you think they would contract out a universal health program? It is still a Government managed program. Private sector health insurance spends about 30% of each and every one of YOUR dollars on admin costs. We couldn't get worse than what we have.
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Re: Early Retirement headed for the Endangered Species list?
Old 04-29-2007, 08:40 PM   #33
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Re: Early Retirement headed for the Endangered Species list?

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We couldn't get worse than what we have.
we sure could! you've got the remaining 70% to work through.
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