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You can't be serious?! A wealth tax?! Do you know how many times the greedy politicians would go back to that well if we allowed them to do it once? This is an idiotic idea because it would cause a flight of capital from the US that is unimaginable. I will start saving my money under the mattress instead of investing i...more
I agree with some of your comments. However, if you think the stock market is rigged, don't play their game. Invest your 401k in bonds or treasuries. If you think bankers rig the game, don't get a mortgage, pay rent. People need to accept accountability for their own situation. Having debt in retirement is not Mitt Rom...more
People will save more if no ss. Then we won't have the "welfare" aspects (e.g. SSDI, etc.) of SS sucking up money that should be going to fund retirement.
Baby boomers will go down as the worst generation in our nation's history. Their irresponsibility and selfishness surpasses any other generation (at least of the 20th century). First they brought us the social rot of the 60s and 70s. We are seeing now that they are financially illiterate. Just look at where the politic...more
12/5/2012
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