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11-29-2012, 06:45 PM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Quote:
Originally Posted by marko
Right! One of the things that people miss is that much of "Wall St" IS Main St! If they want to help the middle class, they should stop demonizing Wall St.
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Both sides of the spectrum have taken to "marketing" political gobbledygook, a mishmash of sloganry designed to push the right buttons, primarily to get and stay elected. And, well, it's working...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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11-29-2012, 07:52 PM
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#22
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: Houston
Posts: 1,448
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If you don't think they're under attack, you haven't read any of that idiot Teresa Ghilarducci's rantings in the NY Times. She is scary.
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12-15-2012, 11:14 AM
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#23
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Dryer sheet aficionado
Join Date: Nov 2011
Location: Ohio
Posts: 32
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Quote:
Originally Posted by soupcxan
If you don't think they're under attack, you haven't read any of that idiot Teresa Ghilarducci's rantings in the NY Times. She is scary.
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Agreed.
This is her original proposal, for any who haven't read it before:
http://www.sharedprosperity.org/bp204/bp204.pdf
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12-15-2012, 12:35 PM
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#24
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: Houston
Posts: 1,448
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Quote:
Originally Posted by GandK
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When you see a name like "shared prosperity" you know that those who work hard, LBYM, and save their pennies are going to be made to pick up the slack for everyone else who chose not too.
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12-15-2012, 04:12 PM
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#25
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2009
Posts: 6,682
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__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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12-16-2012, 10:05 PM
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#26
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Full time employment: Posting here.
Join Date: Oct 2007
Posts: 798
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It sounds like the worst part of this proposal is that the government would be able to do the same thing they have done with SS money - spend it. So all that would really be in your account are IOUs by the government. Then, when it's time to claim the money in retirement, the government would cry poverty, say it's unfair and will raise the deficit and that it just can't be afforded. Another plan that is totally aimed at preventing people from saving for their own retirements.
__________________
Mission accomplished - not necessarily ER, but certainly R.
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12-17-2012, 08:05 AM
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#27
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2011
Posts: 8,363
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Normally, I"d blow off such articles as the ramblings of some clueless crank.
Unfortunately, there is a growing popular belief in this country that if you have any assets --new car, nice house, 401K, whatever--that you gained these things at the expense of someone else. "Someone had to lose for you to win" seems to be more and more of the common mantra. Once there is enough buy-in to that twisted logic...if you tell the lie enough times... it is only a step away from the demand to intervene in the interest of fairness.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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