http://www.patronsaintmedals.com//28_ST_JOSEPH_HOME_SALE_KITS.asp
ST. JOSEPH HOME SALES KIT
Located in: ST. JOSEPH HOME SALE KITS–>St. Joseph Home Sale Kits
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Now I’ve seen everything! Wonder if the congress critters have heard of this remedy.
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Posted by reinkefj
http://channel-surfing.blogspot.com/2008/10/market-meltdown-is-best-argument.html
Thursday, October 02, 2008
Market meltdown is best argument against privatizing Social Security
*** begin quote ***
It has always been pretty clear to me that the notion that we could fix our retirement system by handing it over to Wall Street was, well, nuts.
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American workers shouldn’t have to face this kind of uncertainty. The cautionary tale is before us — listen to this NPR Morning Edition report on soon-to-be retirees who thought they would live off their savings and investments, but whom the experts now council to “keep on working.”
Posted by Hank Kalet at 3:00 PM
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Of course, I was enraged and commented:
fjohn said…
Arghhh!
So let me understand this.
It’s OK to rob poor black men to pay off rich white women? (Who designed this one out, the KKK?)
It’s OK to rob the future generations in an intergenerational transfer of wealth. (Like eating your young?)
It’s OK to have a forced savings plan that has an implied interest rate of negative 2 percent. (OK, you may not have enough left from your job, but nanny gooferment will save you some dog food for your retirement.)
It’s OK for a poor person’s largest asset (i.e, “their” social security accrued benefits) to “evaporate” when they die. Absorbed back into the gooferment till for a $225 ‘death benefit’. (Even a passbook savings account can be inherited.)
Argh!
Yes, save us from the Stock Market that earns an average of 8% a year over LONG periods of time.
Save us mommy gooferment from the big bad real world. The fact the the gooferment — specifically the congress critters took payoff from the monsters they created — caused the problem and you seek to save us by MORE gooferment.
Really explain it to me again. Use littler words. Cause I’m getting screwed by all you socialists and I can’t stand it any more.
Explain to me how Chile privitized their social security in 1970 with a population so illiterate they had to use pictures for the investment companies because people could NOT read the names. (Haven’t heard about dying old folks in Chile lately. Maybe everyone died of privitazation there and we have NOT had it reported yet?)
Argh!
It must by the fault of those Liberty loving dead old white guys.
I’m sure they must have mentioned Social Security in the enumerated powers.
Please give me a break with this circular logic on an un-Constitutional un-Liberty disabling disempowering Socialist program.
Karl Marx must be laughing in his beer at us! Him and his cousin Groucho. They couldn’t have made a funnier skit.
4:39 PM
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In summation, don’t fix a failed program because of stock market volatility. What caused the volatility, criminal negligence by the ploiltical class.
OK. Lets kill the porgram completely.
Even if one stipulates that a bunch of dead old white guys 200 years ago can bind me to an obligation, let’s see where it says that you Socialists can steal my money “for my own good” of course.
Argh!
Leave me alone. Take your Socialism and keep it to yourself.
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Leave a Comment » | LIBERTY | Tagged: Moral Hazard, Privitization, Social Security, Tax Revolt, Taxes | Permalink
Posted by reinkefj
http://www.lewrockwell.com/orig9/fairfax3.html
No More Help, Please by Stephen Fairfax
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My so-called representative voted for the Billionaire Bailout. It’s easy to understand why; he’s collected $732,629 from the Securities & Investment industry alone. My firm has paid far more than that in taxes, but taxes don’t buy congressional votes the way campaign contributions do. The 7 Massachusetts “representatives” who voted for the Billionaire Bailout have collectively gathered more than $11,785,000 from investment, banking, real estate, law, lobbying, and building industries. No wonder they support the Billionaire Bailout despite overwhelming public opposition.
*** end quote ***
You really couldn’t have forgotten the three rules of politics: (1) feather your own nest; (2) reward your friends; and (3) punish your enemies.
The Bailout does all three! But not for thee or me.
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Leave a Comment » | Ranting | Tagged: Bailout | Permalink
Posted by reinkefj
http://www.charlotteobserver.com/business/story/226799.html
Wachovia faced a ‘silent’ bank run; FDIC forced sale
Fearing a loss of funding over the weekend, the FDIC forced the sale.
By Rick Rothacker and Kerry Hall
CharlotteObserver.com Business
Posted: Thursday, Oct. 02, 2008
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Starting Friday morning, Evans said, businesses and institutions with large accounts started withdrawing money to lower their balances to below the federally insured $100,000 limit. They weren’t closing accounts, he said, adding “they were very apologetic in saying they love the service they get from Wachovia and they weren’t leaving Wachovia. They were just moving their money until things settled down.”
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Clearly, for us little guys, you should never have anything close to the FDIC limit.
Even with that, you can’t have all your eggs in one basket.
Paper money is just that paper money. When panics start, they develop a life of their own. Clearly, depending upon one bank is absurd. Even if FDIC comes in and saves “your bank”, I can only imagine the ‘fun’ while things, like deck chairs, get rearranged.
It would seem that us little guys need several banks or credit unions pre-set up and funded, ready to go at a moments notice.
I’d go so far as to suggest that FOUR might not be excessive. With web bill pay, printed checks, and direct deposit all energized ready to go.
Fore warned is Fore armed. “Be prepared” It ain’t just for Boy Scouts.
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1 Comment | MONEY | Tagged: Bailout, FED, Revolt, shortages | Permalink
Posted by reinkefj
You are currently browsing the Reinke Faces Life blog archives for the day Thursday, October 2nd, 2008.
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FJohn Reinke
Consultant at Technology Legacies LLC
Advisor, Computer Governance Committee at Manhattan College
Editor / Publisher at Jasper Jottings
Greater New York City Area
JJ Positraction JJ Endnotes Downsize DC
Philosophy of Liberty
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