If her hubby worked an outside job

• John Stossel-What do you think about him? - bac
  • He was on O'Reilly - Trigger Happy
    • almost forgot.......if you by some sm - MT very long time
    • you are going to be drawing much more sm - MT very long time
      • It won't be there when I retire so - Trigger Happy
        • I thought the same thing but was wrong - SS
    • If SS benefits were monetarily commisserate with - m
      • Explain something in your post to me - SallySue
        • It was just an example............ sm - m
      • Leave my swine odor project alone! - Leggo my Pork-O
      • Why in the world would they - Trigger Happy
  • Hey Johnny-Boy............... sm - m
  • My take...... - sm
    • Let me tell you something about Medicare - SallySue
    • Interesting to read the promises Roosevelt made when SS was created. - TechSupport
      • There are other things, too, though. - AnnuderMT
      • I do know what the original SS draft looked like.... - sm
      • A case in point............. sm - m
        • If her hubby worked an outside job - bac
          • Grandpa was a farmer.......... sm - m
            • if he was a farmer and earned sm - long time MT

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he saw this coming. That a friend of ours who hoarded his money all these years will be going to the grocery store with a wheelbarrow full of cash just to buy a loaf of bread.

He also said that his father told him back in the late 50s that there would be a depression like you never saw, bigger than ཙ and worse. I'm beginning to believe it.

I'm starting to wonder about those 2. LOL

if it would have been 6-digits, but it wasn't. We moved our money to the Money Market IRAs. That stopped the fall, and I've been hoping to get back into something soon, but it doesn't look like it's going to happen.

We knew we didn't have enough to retire on, but were hoping it would be higher than it is now. Mine was doing great until November. His was really a flat line and I was planning on rolling his over to the company I am with last September.

Some people are destined to make money, others are destined to work their butts off to survive.  I know friends that....everything they touch, turns into money, while we work twice as hard and everything we touch, turns to dust.  Oh, well.  That's the breaks.

Each household should get $275,000 to pay their mortgages, save, buy what they need, pay off credit cards, save, etc., but ONLY those who are really in need.

I heard each adult would get  $297,500 and $127,000 would go straight back to the treasury (taxes), and the rest for mortgages, credit cards, cars, homes, etc., etc., etc. It would get the economy going, get everyone out of debt (maybe), get the car companies working again, the banks working again, etc. etc. The difference between this one and the above one is that a 2-person household would get $595,000.

Both the above plans would only cost between $37 million to $50 million, instead of $700 billion.

Now, I don't know about the rest of you, but I could go for that. Hubby doesn't want that much, says he doesn't need it (ha!) but we have hardly any retirement so it would really come in handy. Plus we have been living in a basement because we couldn't afford to finish building our house. I think he forgot about the house.In reality, I'd be happy with $100,000.

In reality, why hasn't anyone brought these plans up to the powers that be?????? Could it be because we're only the little guy?

see a depression in our lifetime that would be 10 times worse than the great depression. This was back in the ླྀs. My husband always hung on to that statement and believes this is it. It's coming and there is nothing that will stop it. That's why we have been buying extra canned and dried goods when possible. We always made sausage and smoked a lot of pork but of course, we can't have animals here because of zoning, so we buy from a local farmer.

I know how to make bread and butter and have plenty of flour stored, but butter is going to be another issue since we don't have a cow and the last dairy farmer went out of business 10 years ago.

Paste the link into your browser or click the link at the bottom of this post:

http://washingtontimes.com/news/2009/apr/21/senate-husbands-firm-cashes-in-on-crisis/

We aren't living high on the hog, and we've opened our home to those less fortunate. Over the past 25 years, we've had 10 people (friends not strangers) live with us until they could get back on their feet, rent-free, taking none of the money they could make, all meals provided.

Yes, welfare is very backwards, but if I knew of anyone abusing the system, I  would report them.  I don't know anyone on welfare or living in Section 8 housing since I now live in the country. If other people would do that, it would soon straighten out.

at the polling place yesterday.  Then we had a party.  There were only 4 present who voted for Obama and my husband and I were 2 of them.  We had an enjoyable time and on one thing all of us agreed.  ALL of us must get involved if we want to save this country.

I'm glad it's over.

who neatly solved that problem. 

He owned the company and he when quit smoking (or more accurately, he quit buying) any time he wanted a cigarette, he would 'bum' it from one of his employees.  Since O cannot nip out and get a pack of smokes now, maybe he gets by this way.  Would some secret service guy or Whitehouse domestic employee refuse him? 

My old boss should have run for Congress, so out of touch was he with his 'little people.'  Payday was Friday and the checks were locked in his desk until 4:30 Friday afternoon.  (This was to prevent someone from going to the bank at lunch and never returning, I guess.)  And I might add this was back when bankers hours were truly that, not open until 6 on Friday, and until noon Saturday. 

Trouble was, sometimes he would not return from lunch, or at all on Friday, so we did not get paid until Monday.  But he helpfully said that nobody should be living so hand-to-mouth that they absolutely needed their 2-week check before the weekend.  I mean, if you can't go to the grocery and therefore cannot feed your kids, you obviously are not budgeting properly.  Another neat solution, don't you think?  If only I had listened to this man, I would be wealthy today.

at McDonald's for 4 1/2 years? He couldn't get another job and wanted to know what O was going to do about it. I was absolutely shocked!

http://www.youtube.com/watch?v=TptsP4ryido&feature=related

and collects SSD for his "mental illness." He checks himself into a state hospital when it comes close to the time when he has a review coming up. This is what I heard from my son, so I don't know how true it is, but I do know that he is healthy and doesn't seem to have any mental health issues.

His one brother is on disability because he was on the drugs so much, they fried his brain and another brother had cirrhosis. He couldn't get help and died.

So why do you keep trying to demonize the Democrats.  Both parties made compromises - I believe the Democrats initially wanted about $20 billion more for the program, but they negotiated with the Republicans to secure their votes.

You seem so worried about the cigarette tax not covering the program, and yet what we spend in Iraq in a day would cover the S-CHIP program for a year.  The money is there, but people don't want to make it a priority.

Why is it so hard for you to believe that Democrats that voted yes on the bill (and don't forgot some Republicans did too) actually CARE ABOUT THE CHILDREN?  Is it so hard to believe that they actually want to do something to help kids?  I'm glad they are getting headlines, not because they are against Bush, because really - could public opinion get any worse for him?  I am glad because this is an issue that needs TONS of attention drawn to it.  I don't really care if more people dislike Bush over this issue.  People who like him will continue to and people who don't will continue not to like him.  I see bad headlines about him every week, but that is not my concern.  My concern is affordable healthcare for all children, no matter how high or low their parents' income level is.

that we have and WE should decide who to give it to, not Nobama. We are living the American Dream and will be penalized for it. If your child got all A's in school and the teacher told you that some kids got C's and B's and your child would have to give up some of their A's so the others would be on equal ground, would you object? Probably so. There is no incentive in socialism to work hard to acheive things when you can have the gov't provide everything for you. Don't you people know that you are playing right into the hand's of more gov't? You are being fed a bunch of lies and you won't even realize it until it is too late.

for 30 years at GM.  He was a salvage worker so he wasn't one of those guys who sat on his butt all day long making a ridiculous amount of money.  My dad retired in his 60s because his health didn't allow him to continue working or he would have.  I know how unions work and how they "protect" the employees.  I've also seen the proven statistics about how non-union states are more production and have higher job growth and as far as protecting your job.....no ones job is protected especially nowadays.  People are getting fired left and right so where is the protection.  What good was that auto bailout when all that money pretty much went to pay off the unions.  Unions are nothing but democratic pushed BS. 

Here is a tad bit on unions:

The truth is that unions are essentially parasitic organizations that thrive only by draining and ultimately destroying the companies and industries they control. The essential goal of the unions is to compel the payment of higher wages for the performance of less work and less productive work. Unions are notorious for their hostility to labor saving machinery and to any form of competition among workers, for featherbedding practices, indeed, for “making work” by deliberately and arbitrarily increasing the number of workers required to accomplish a given task and sometimes even by compelling the disassembly or destruction of products already produced.

It should be no wonder that the percentage of the labor force controlled by unions tends progressively to decline. Where the unions hold sway, companies cannot compete. Their market share falls and they ultimately go bankrupt. The only way that unions can maintain any given share of the labor force is by finding new victims to replace the ones they have sucked dry. The finding of new victims, by means of new government intervention is the unstated agenda of  Mr. Stern, Ms. Milkman, and The New York Times.

The actual effects of labor unions are arbitrary inequalities in wage rates, mass unemployment, and substantially lower real wages for the average worker. Labor unions are aptly described as a leading vehicle of what von Mises called “destructionism.”

Whenever a union succeeds in obtaining above market wage rates for its members, it also reduces  the number of workers who can be employed in its field. This is because of the operation of one of the best established principles of economics: Namely, the higher the price of anything, including the wage of any kind of labor, the smaller is the quantity demanded of that good or labor service.

Thus, workers who could have been employed in the lines controlled by labor unions are instead displaced and forced to seek work elsewhere. The added competition of these workers in other lines then serves either to depress wage rates in those other lines, thereby resulting in an arbitrary, union-imposed inequality in wage rates, or, if those other lines are also unionized or are forced to pay union wages in order to avoid becoming unionized (which is often the case), to cause still other workers to be displaced. It should be clear that to the extent that the effect of union activity is to depress wage rates in other fields, the union slogan “Live Better, Work Union” turns out to mean “Live Better by Forcing Other Workers to Live Worse.”

If wage rates in all lines of work are forced above the free-market level either because labor unions are able to impose their wage scales everywhere, or because upward union pressure on wage rates is joined by minimum-wage legislation, the effect is mass unemployment. In this case, there is simply no branch of the economic system that is allowed to pay wage rates low enough to make possible the absorption of workers displaced from elsewhere by the imposition of union wages. The result is the kind of situation presently existing in France and Germany, where unemployment is in excess of ten percent. And, of course, the cost of supporting the masses of unemployed falls mainly on the workers who manage to keep their jobs. Here higher taxes are their reward for “working union.”

For the full article:  http://mises.org/story/1861

so, I called his financial advisor yesterday and told him to put hubby in a "safe" plan. It's now in a money market fund that is part of his IRA.

I have no choice. I have to stay where I am. I have no "safe" available. Neither of us will be able to retire on what is now in our 401Ks and you're not the only one. We couldn't buy a car with Both our 401Ks, let alone live on it.

We are late starters for retirement  not until our late 40s funds (most of our employers did not offer pensions). We are now of the first retirement tier and although we own our home outright, if we live until we are 90, there is no way we can live off retirement 401Ks or SS.

My husband's father told him back in the 50s that we would experience something like what is happening today and stated it would be worse than the ཙ crash. It is sure starting to look that way, but we will survive some way, I hope.

We need to pray for the people on SS now that cannot survive. I, for one, would love to help them, but can't help ourselves at this moment.