Framing the Dialogue

Posts Tagged ‘voluntary’

Spreading Your Retirement

This is not an article about retirement planning.  I had been smarter I would have 20 pounds of gold buried somewhere rather than my investments in the stock market, retirement plan, and IRAs.  I have heard speculation since Obama was in office about a move to “take” over our individual retirement accounts.  By all accounts there are trillions of dollars out there in which the federal government has no control over.  Both Demoncrats and RINOs will salivate at the thought of having that much money to spend to ensure their re-election.  They’re not likely to just take it, but will offer you the ability to convert your accounts to government guaranteed annuities.  Think of Social Security again…many promises and IOUs and your beholding to the government for your daily bread.  Any guess who you will vote for?

Parsimony – Obama Overhaul

In “Parse-imony” I break down current news stories with my pithy, running commentary…

First the headline…

Obama pulls plug on part of health overhaul law

…and now the story:

WASHINGTON – (AP) — The Obama administration says it is unable to go forward with a major program in the president’s signature health care overhaul law — a new long-term care insurance plan. [broken promises]

Officials said Friday the long-term care program has critical design flaws that can’t be fixed to make it financially self-sustaining. [Perhaps had they spent a little time doin some cipherin they could have figured this stuff out ahead of time.  It is hard to believe that the White House’s fiscal projections were flawed.]

Social Security “Trust” Fund

Social Security wisdom passed along by Rich:

History Lesson on your Social Security Card that you won’t see in the main-stream media–now or ever.  Learn these facts–they’re relevant!!!

  •  Social Security Cards up until the 1980s expressly stated the number and card were not to be used for identification purposes.  Since nearly everyone in the United States now has a number, it became convenient to  use it anyway and the message was removed.  I compared my SS Card with my daughters and the note regarding it not to be used as identification has been removed.