What Ever Happened To.........

[frankq]

Where is it written that we are "entitled" to retirement?

Don't know, but once the gov takes my FICA money I think I'm entitled to some payout for sure...

[frankq]

“The wire reports on the Cyprus situation are working overtime to try to make the case that 80% of the deposits belong to the people of Cyprus, and only 20% of the deposits belong to the Russians. That’s absolutely false. After 1985, when the ‘Robber Barrons’ of Russia took over the general economics of Russia, that was the transformation from the KGB to private business. The primary place for exported Russian funds was Cyprus.





Now, there is one leader in the world that would be very dangerous to challenge and that is Putin of Russia....

Nahhh......Putin is too wrapped up with openning Dojos in Russia with Steven Segal.....

[frankq]

Asteroid on the way!!!

[frankq]

Aham. Where the hell are you!!

[Aman A.K.A. Ahamburger]

Enjoying the cold and snow... 

Mar 16, 2013 7:52:14 GMT -5 texasredneck said:

AHAMBURGER Which came first the chicken or the egg?

Spending or taxing?

Spending came first because politicians found it easy to buy votes.

Massive tax increases started about 1933 to make it possible to continue spending.

Hence it is a spending problem.

 Yes, I understand that, that is my point that the politicians bought votes by deficit financing.  Jame P Warburg, of the famous banking family, wrote a book about it in early 1930's.  You fail to understand that we are a a debt WALL, not the end of it all because it's all based off of TAX.  So all that has to happen is the budget has to be balanced which IS possible even if right now it seems impossible. Once this occurs tax revenue will exceed expenses and GDP growth CAN be slow. This starts a cycle of working because there is less and less for assistance programs, most of which are enablers to a deadened lifestyle.

Fewer people will ever retire. We now have a work till you drop economy.
Young people will find fewer jobs available.

 More people are already retiring every year than ever before, look it up.  Young people are going to have more than enough jobs ten years from now, we will be looking at a 2% unemployment rate for a generation. 

[frankq]

I don't know about anyone else, but this mofo has about 6 months to go....then I go meet FTI for some tall ones in Punta Gorda...

[sunrnr]

Mar 17, 2013 19:49:27 GMT -5 frankq said:

I don't know about anyone else, but this mofo has about 6 months to go....then I go meet FTI for some tall ones in Punta Gorda...

Don't suppose fishing is involved? Room for company?

[Aman A.K.A. Ahamburger]

Whatever happened to having a good time?  Wait...   Wish I could be there...

[Aman A.K.A. Ahamburger]

Also, just a quick question... Whatever happened to people as far away as Tokyo were going to suffer from radiation poisoning and mass death?  It's almost like this new study is accurate, the one that shows the Cancer risk is lower than feared for Fukushima locals.

[damnotagain]

Mar 16, 2013 19:07:17 GMT -5 sunrnr said:

I wonder ... does making a mockery of most everything and most everybody really do anything to make the world a better place? 
Why would one spend so much time and energy doing so ... and to what ends? 

Hypocrite! 

: a person who acts in contradiction to his or her stated beliefs or feelings. 

As I look back on page 20 your reply # 571 is a true definition of how much of a hypocrite you are.

One should clean their own house before trying to clean someone else's.

[damnotagain]

Mar 17, 2013 23:47:00 GMT -5 Aman A.K.A. Ahamburger said:

Also, just a quick question... Whatever happened to people as far away as Tokyo were going to suffer from radiation poisoning and mass death?  It's almost like this new study is accurate, the one that shows the Cancer risk is lower than feared for Fukushima locals.

This show is far from over!

[damnotagain]

Fewer people will ever retire. We now have a work till you drop economy.
Young people will find fewer jobs available.

Ahams reply

" More people are already retiring every year than ever before, look it up.  Young people are going to have more than enough jobs ten years from now, we will be looking at a 2% unemployment rate for a generation.   "

I think you need to start supporting your sunshine pumping with some sources . The ones that I read paint a different picture for the elderly. 


 Why grandpa hasn't retired

In 1990, 11.8 percent of those 65 and older worked. In 2010 the figure was 17.4 percent. By 2020, the Bureau of Labor Statistics expects it to be 22.6 percent. The numbers are even more surprising for Americans older than 75. Less than 5 percent of them worked in 1990. In 2010, it was 7.4 percent. By 2020, according to the BLS, 10 percent of them will still be toiling away.

www.bloomberg.com/news/2013-03-14/why-grandpa-hasn-t-retired.html

[decoy409]

damnotagain, these so called jobs that were being reported recall,were looked into although they were stated as hiring. Well we grew tired of chacing MAINSTREAM hype so we simply started checking into them. Why all that creation supposed,yet the vast state they are not hiring such or have decided to wait or they simply are not hiring.

So it would be a good thing to go back and check the spoilage of such.

[frankq]

"I think you need to start supporting your sunshine pumping with some sources . The ones that I read paint a different picture for the elderly."

And you guys, meaning you and your buddy, need some new phrases. "Sunshine pumping"? You even sound the same. Want to see some jobs? Check out N. Dakota and Southern Illinois. There are energy jobs out the ass. And quite a few teaching positions as well in these oil towns. Construction of homes and apartments can't keep pace. The fact is, they need everything as these towns grow. And these jobs pay nice money too. North dakota has an unemployment rate of under 1%. Tell Decoy to check out the Tribune from yesterday.

[frankq]

Mar 17, 2013 21:15:12 GMT -5 sunrnr said:

Mar 17, 2013 19:49:27 GMT -5 frankq said:

I don't know about anyone else, but this mofo has about 6 months to go....then I go meet FTI for some tall ones in Punta Gorda...

Don't suppose fishing is involved? Room for company?

Absolutely!!

[frankq]

Mar 18, 2013 14:27:02 GMT -5 decoy409 said:

damnotagain, these so called jobs that were being reported recall,were looked into although they were stated as hiring. Well we grew tired of chacing MAINSTREAM hype so we simply started checking into them. Why all that creation supposed,yet the vast state they are not hiring such or have decided to wait or they simply are not hiring.

So it would be a good thing to go back and check the spoilage of such.

Footnote your sources for these statements. As far as I can figure out your language......And include something other than some b.s. metals site please.

[frankq]

"Why grandpa hasn't retired"

Want to know why Grandpa hasn't retired? Here's why. Grandpa used to have a pension, but his company decided that it was too expensive, so they converted it to a 401K and told him he would be better off. Anybody that can do math knows that is bullshit, but many people believe that they can do a better job investing than the professionals....Problem is, they lose the advantage of being part of a large group and bear the risk on their own. Truth be known, the vast majority of people could never save and earn enough to replace their pensions.. Since the Union he used to belong to long ago faded away because people forgot the lessons of the Labor Movement and have talked people into believing that such labor organizations are unneeded relics, Grandpa doesn't have a contract such as a collective bargaining agreement. Since he does not, he is an employee at will and it's tough shit. Management is different however, and they have contracts that protect their pensions and place them in trust, like the United Airlines execs had when they filed for bankruptcy years ago and eliminated most of their employee obligations.So now, Grandpa has a 401K with a company match, but Grandpa hasn't been getting much in the way of raises because he has no contract, so not much goes into his 401K, and since that is the case, the company doesn't have to match anything. Then Grandpa got scared when the market dropped a few years ago and put his money in cash, which pays him 2% below inflation. See, Grandpa believed all the bullshit that some people were spreading about how the market was a ponzi scheme and he couldn't make money investing, so when the market recovered and made new highs, Grandpa didn't benefit from continuing to invest when prices were low, and since he pulled what he had from the market, he never made back what he lost.

And that's why Grandpa hasn't retired.....

[damnotagain]

Grandpa worked for Enron.

[frankq]

Maybe so. When you work for a company that pays you in their own stock that you can't sell at will, that would be a major red flag.

[frankq]

What the hell just happened there??

*I deleted the duplicate posts, frankq.  It appears the board had a bad case of indigestion.* - mmhmm*

[damnotagain]

Whatever happened to the housing recover?


Fed stimulus is not doing anything for jobs just creating more asset bubbles . Form Sheila's Bair, ex head of the FDIC from 2006-2011.
 

Bair said lenders may be sitting on huge numbers of foreclosed upon houses that have been held back from the market. As housing prices start to perk up, that hidden inventory may come flooding into the market - and pushing prices back down, she said.

Moreover, millions of homeowners are "under water," i.e., they still owe more on mortgages than they could get by selling their homes. As soon as they can sell at prices high enough to pay off old loans, they'll put their properties on the market— and again drive down prices, she said.
www.npr.org/blogs/thetwo-way/2013/03/13/174251967/former-fdic-chair-don-t-call-it-a-housing-recovery-yet

[sunrnr]

There's always two sides to the same coin as nothing about a coin is separate ...

Housing market is hot is some areas

[Aman A.K.A. Ahamburger]

You mean this housing recovery damnot? Builders began work on more houses in February and permits for future construction climbed to the highest level in almost five years, or if you prefer, US housing starts rise, permits at 4 ½-year high....

Mar 18, 2013 14:19:01 GMT -5 damnotagain said:

Fewer people will ever retire. We now have a work till you drop economy.
Young people will find fewer jobs available.

Ahams reply

" More people are already retiring every year than ever before, look it up.  Young people are going to have more than enough jobs ten years from now, we will be looking at a 2% unemployment rate for a generation.   "

I think you need to start supporting your sunshine pumping with some sources . The ones that I read paint a different picture for the elderly. 


 Why grandpa hasn't retired

In 1990, 11.8 percent of those 65 and older worked. In 2010 the figure was 17.4 percent. By 2020, the Bureau of Labor Statistics expects it to be 22.6 percent. The numbers are even more surprising for Americans older than 75. Less than 5 percent of them worked in 1990. In 2010, it was 7.4 percent. By 2020, according to the BLS, 10 percent of them will still be toiling away.

www.bloomberg.com/news/2013-03-14/why-grandpa-hasn-t-retired.html

 
 I have no doubt that there will be more boomers working than people from the greatest generation, there are more of you than any other demographic, that is literally my point. You forgot to mention that it's a fact that the boomer generation didn't save enough as a whole to retire and do nothing like all those ads promised.  The other side is of course is what Blackliver pointed out, some boomers are choosing to stay working because they have the drive and desire to work til they drop.  Like my gramps did. 

My point is that 6-10k boomers a day are reaching 65, at least half will retire and that will start to create hole in the professional service economy.  People with money will retire, ya know? Then 10 years from now the first batch of boomers will be 75, most will require some kind of medical treatment and care at that time if not before.  Meanwhile in that 10 years boomers will continue to retire opening spots up and adding to the economy in other ways creating opportunity for work. The other thing is, like I have pointed out before, over the next 6-10 years the budget will be balanced and more people will work in this generation than the one before. There is no more money for the govt to spend on broken promises, AKA Socialism is dead thanks to a debt WALL.

[damnotagain]

From sunrnr link,

"More builders described industry conditions as bad than good, with the index falling to 44, down from December's post-recession peak of 47. The builders said they were being frustrated by their inability to get credit from their lenders and by rising costs."


Housing market is hot is some areas


Did I just see home builder stocks down today 2%?
One of you mentioned stocks were ...." Forward looking"

[Aman A.K.A. Ahamburger]

That's what I thought you would say about the demographics issue damnot. I'll respond to you and the questions that asked Decoy in the same way.... The questions that Decoy was asking were....

Mar 18, 2013 14:27:02 GMT -5 decoy409 said:

damnotagain, these so called jobs that were being reported recall,were looked into although they were stated as hiring. Well we grew tired of chacing MAINSTREAM hype so we simply started checking into them. Why all that creation supposed,yet the vast state they are not hiring such or have decided to wait or they simply are not hiring.

So it would be a good thing to go back and check the spoilage of such.

Not sure where these so called 'Paid Back' numbers are coming from,but just to keep the record straight,we rewind to entry #4855

Paid back...what a farce!

decoy409
Associate Representative
Posts: 7,384

Reply #4935 on Mar 12, 2013 at 8:16am Post by decoy409 on Mar 12, 2013 at 8:16am
Today's POST Headlines Start Here #4935

Good morning folks!

How many have caught the new Sat. morning cartoon called 'The Puppet Squad'...? It's pretty funny and the animation is pretty good to. And if you let yourself be absorb into it's nonsense,why you may start believing you are part of 'The Puppet Squad'.

  The housing market IS getting better and the Jobs are real because Fannie Mae and Freddie Mac look to return to profitability and will be able to repay the government earlier than expected, said a report.  Which also covers the whole paid back issue in question, and the jobs, well Growing Labor Shortages Impeding Housing and Economic Recovery.

Decoy, I would love to hear your response, you keep making comments where we can't post, again I invite you to stand up and respond to what you put out there.  You can start with the whole paid back thing, like how people who make money can pay things back as demonstrated above in this post here.  What about the Trillions u ask? U mean the ones on the Feds balance sheet that will be paid back with interest to the UST?  

[frankq]

Don't hold your breath aham...

[damnotagain]

Fannie and Freddie ? Really . Just another example of privatizing gains ( not even the shareholders come first) passing the debt onto you and me ... What are you smoking! 

Fannie and Freddie differ from AIG in that the shareholders in the government-sponsored enterprises -- both common and preferred stock -- currently have no rights whatsoever.

That's right. It sounds hard to believe, but that is what happened on Aug. 17, 2012, when the Treasuryannounced it would "replace the 10 percent dividend payments made to Treasury on its preferred stockinvestments in Fannie Mae and Freddie Mac with a quarterly sweep of every dollar of profit that each firm earns going forward."


150 billion on your back .

en.wikipedia.org/wiki/Schmuck_(pejorative)

[Aman A.K.A. Ahamburger]

Mar 21, 2013 17:37:37 GMT -5 frankq said:

Don't hold your breath aham...

Don't worry Q, I'll be amazed if I even get an answer from Decoy, even though I have answer his about the Trillions and the jobs and the housing and the paying back of the money... 

[Aman A.K.A. Ahamburger]

Mar 21, 2013 19:57:35 GMT -5 damnotagain said:

Fannie and Freddie ? Really . Just another example of privatizing gains ( not even the shareholders come first) passing the debt onto you and me ... What are you smoking! 

Fannie and Freddie differ from AIG in that the shareholders in the government-sponsored enterprises -- both common and preferred stock -- currently have no rights whatsoever.

That's right. It sounds hard to believe, but that is what happened on Aug. 17, 2012, when the Treasuryannounced it would "replace the 10 percent dividend payments made to Treasury on its preferred stockinvestments in Fannie Mae and Freddie Mac with a quarterly sweep of every dollar of profit that each firm earns going forward."


150 billion on your back .

en.wikipedia.org/wiki/Schmuck_(pejorative)

 Umm, what?  I'll bet you were smirking and laughing to yourself when you posted that wiki entry eh damnot? What the report I posted said is that because the housing market is healing, Freddie and Fanny are no longer getting assistance, they are self sustaining and making money, therefore they are going to be able to PAY BACK the money that was lent to them.  It says nothing about a profit on the sale of shares, you see?

So while the end of days profits talk about all this money wasted on the bailout ect, ect, it still stands that the biggest waste of money has been the war on poverty.  You can't give people fish, you have to teach them to fish, I thought you all would understand that by now. 

[damnotagain]

*Damnotagain, you WILL stop posting insults.  Enough.  Learn to disagree civilly.  This is not the kindergarten sandbox. - mmhmm, Administrator*