It’s become all too clear that allowing stupidity to be spewed forth unchecked, and hoping it will just go away, is not the correct strategy. You must punch it in the face. Stephen Colbert’s utter dismantling of George Bush while the President sat 10 feet away was one of the greatest moments of the last four years.

why mention this . cause it opens lots of lines of thought … that we need now …. crony unionism (but whats a dad to do but offer a job to his son) …. cross currents in my ‘isms exist everywhere and it is not cut and dried anywhere …. one job per man per family (but I have a business to fall back on now that my hvac job turned to truck docks builds) …. if my memory is correct (and it usually is) I voted against every pay raise at the open air vote aye na meetings (course if they are gonna sign the package take it) (didn’t see it then . but hind site the white collars would go for package if we would put more up into savings) you see where this is line is going (to outsource our jobs with our own promised future payback savings) …. and the open air aye na . NOT in favor of this coming down the pipe Card Check stuff . I wonder is a secret vote existed on pay raises if more people would have sided with my logic that we are getting to expensive for the grandmas

I meant all this and I am not going to proof it … THIS STUFF IS NOT MY JOB

Soc’ism was my time in the Army .. Cap’ism was my time at my dads little sheet metal shop (and now my own graphics shop) .. and you are drumin for Fas’ism (I mean crony cap’ism) (but we don’t call it that ’round here)

yes, of course, opt-out is false, just like SocSec ‘Trust Fund’, yon’ PTB are tres’ worried that their ruse is running thin, and that The Peep are fixin’ to take their change (from their ‘dollatrs’ invested), and stay home, away from ‘the Street’..

and, of course, we’ll hear much more about how We’ve been Irresponsible, haven’t saved enough, haven’t paid enough Taxes, need to ’share the struggle’..

it’s all too predictable, same scams, different artists..

and I wanna add … this bird doggin my government is hard work and takin alot of my free time
another reason the economy is tanking … we’re all desk potatoe’g .. try’g to figure out what the f**k is goin on

but no opt out is False (see pdf quote) again False (I think) TimmyG didn’t refute the Congressman well

http://www.c-span.org/Watch/watch.aspx?MediaId=HP-A-15974
1:20pmET or 42m15s into the pod segment
asked by R-TX Sam Johnson

quote from Dept of Labor pdf file on 2010 Budget
“Establishes Automatic Workplace Pensions and Makes the Saver’s Credit Refundable
Currently, 75 million working Americans roughly half the workforce lack employer-based retirement plans. The President’s 2010 Budget lays the groundwork for future establishment of a system of automatic workplace pensions, to operate along side Social Security, that is expected to dramatically increase both the number of Americans who save for retirement and the overall amount of personal savings for individuals. Under this proposal, employees will be automatically enrolled in workplace pension plans. Employers who do not currently offer a retirement plan will be required to enroll their employees in a direct-deposit IrA account that is compatible with existing direct-deposit payroll systems. Employees may opt-out if they choose. Experts estimate that this program will increase the savings participation rate for low and middleincome workers from its current 15 percent level to around 80 percent. In addition, the Budget proposes to expand retirement savings incentives for working families by modifying the existing Saver’s Credit to provide a 50-percent match on the first $1,000 of retirement savings for families that earn less than $65,000. The credit would be fully refundable to ensure that savings inncentives are fair to all workers.”

batmando,

sorry, just saw that.

this: http://clusty.com/search?input-form=clusty-simple&v%3Asources=webplus&query=%22fractal+economics%22

should be it..
~~
Che,

that’d be nice, if she even knew about them..

here: “In 2000, Sweden established mandatory private accounts covering all employed and self-employed persons as part of its retirement income system.

The Swedish private accounts are add-ons to a generous social security program. The Swedish system requires a contribution rate of 2.5 percent of wages as an add-on to a social security system that requires a contribution of 16 percent—a total contribution rate of 18.5 percent.

The Swedish private accounts are operating in a country with very low poverty. While private accounts may be especially risky for people with low incomes, the poverty rate for Sweden’s elderly was 0.8 percent in 1995 (Smeeding 2001). ..”

is AARP’s slanted take on their deal..
http://www.aarp.org/research/legis-polit/ssreform/private_accounts_in_sweden.html

Jan.20,2009-Mar.05,2009 = -1643.53(-19.85%) Obama Presidency
Jan.26, 2009-Jan.21,2009= -2359.49(-22.29%) Bush Presidency

Barry Ritholz is manufacturing myth. The first two months of the Bush Presidency were a raise in the Stock Market. There was a rise of 119.24 from January 21, 2001 to March 9, 2001 or 1.13% increase.

This deification of Obama and historical revisionism needs to stop.