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Warren Buffett
Baby Boomer Social Security Calculation
I was accused of dishonesty by another poster for not having used a Baby Boomer for my Social Security calculation. So, I'm recrunching with a Baby Boomer. I'm using a Boomer born in January 1946 (the first year of the Baby Boom), to minimize the need for guessing about the future. Our hero is 63 years old this year. He earns $50,406 (the ...
Posted to
Kausfiles Special
by
Arkady
on
October 29, 2009
health care reform
Give the seniors the measly $250! It is better than spending it in Afghanistan.
Posted to
Politics
by
david wayne osedach
on
October 16, 2009
risky social security
I am all for secure national identity cards. It would put a big dent in identity theft and fraud.
Posted to
Webhead
by
david wayne osedach
on
July 15, 2009
The President Will See You Now
Good writeup, but the statement below is factually inaccurate: ''George Bush held a flood of these anodyne serendipity-free town halls when selling his plan for Social Security, and they failed to galvanize public opinion.'' Those meetings did, indeed, ''galvanize public opinion.'' Against his plan. And how profoundly grateful we ...
Posted to
Politics
by
contract3d
on
March 27, 2009
Do you have any idea what you are talking about?
There are a lot of problems with this article. Here's a few: 1. Mr. Spitzer assumes that the only types of investments private accounts would allow are domestic stocks and bonds. He completely ignores foreign markets, precious metals, commodities, real estate, and other types of investments. 2. He assumes that investments in the stock market ...
Posted to
The Best Policy
by
Zenetik
on
February 5, 2009
Spitzer's numbers don't add up.
Let's take a couple who made $30,000 in 1969 with wage growth of 3% resulting in a salary of $97,861 in 2008. The portion of their earnings that goes to SS has risen from 8.4% in 1969 to 12.4% today, but let's just use a 10% contribution rate. So they contributed $3,000 in 1969 and this grew by 3% per year to a contribution of $9,786 in ...
Posted to
The Best Policy
by
kinkecon
on
February 5, 2009
Privatizing Social Security
I first wrote in favor of this subject in the mid-60's. The local VFW had a writing contest for schoolchildren on how to make the country better. Given that most of those VFW members fought for and worshipped FDR, I was not surprised when I didn't win. There are two major problems with Social Security. It is a regressive tax, meaning we take a ...
Posted to
The Best Policy
by
jsb116
on
February 4, 2009
Privatizing Social Security
Mr. Spitzer missed the point entirely (re: Privatize Social Security?!, Eliot Spitzer, Wednesday, Feb. 4, 2009, at 6:59 AM ET). There is ONE unequivocal and indisputable reason to privatize social security. It's MY MONEY!!! The federal government should have no right to force me to pay social security, of any other so called social program. ...
Posted to
The Best Policy
by
JimCH
on
February 4, 2009
Social Security privatization
While privatizing Social Security might work for a couple of years - even show a profit. It would fail in the long run and need to be bailed out.
Posted to
The Best Policy
by
david wayne osedach
on
February 4, 2009
Re: Green Barry cranks the heat & carbon footprint
gIMME A BREAK! A President roll's his shirt sleeve's up and you idjits wanna make issue with it? Why didn't we get pissed when Bush wasn't wearing a suit and tie when he climbed the WTC rubble for his photo op?
Posted to
Today's Papers
by
I.M. Dunwith Contards
on
January 29, 2009
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