Monday, July 11, 2011

Monday 7/11/2011

Monday

Smugness. That's all I could see in a panel of the leaders in Washington sitting around a table with Obama, the whole lot of them. At least I don't have to see Pelosi's face on the front page of the news every single day. Obama wants a 4 trillion tax cut, GREAT, but he wants to raise taxes to get part of it! BUG OFF!!

On a lighter note, it is raining! It hasn't rained here in a LONG time and it couldn't have come at a better time. All that dust that blew in from that "Habub" last week is still all over the place. A nice, soaking rain will wash it all away - or at least off of my property.

The drawback to rain, the only real drawback is workwise. Construction sites often shut down when the conditions get too muddy. Municipalities do not want all that stuff tracked out onto the roads and they will insist in some cases that a particular site be shut down until the water dries up a bit.

It's quite amazing how all of a sudden, back to the original statement, Democrats seemingly WANT a HUGE reduction in the nation's debt. Remember that it was the Conservative side of the aisle that initially brought up the demand to reduce the debt. Dems are always playing trickery with words, attempting to make it look like the GOP are the "bad guys" by backing off of their original 4 trillion demand.

But what isn't really being stated so loudly is the fact that the Dems absolulely refuse to allow anything to even lightly touch their little (more like giant black holes) pigs known as entitlement programs. It's common knowledge that the Social Security program needs to be overhauled. Again, I have stated it several times, since they are going to have to do this eventually, sooner or later, and since it's probably going to have to happen within my lifetime, I would FAR rather they get this over with NOW, come what may, and let us all get into some kind of position to try and deal with it.

I read financial experts all the time online. All kinds of them. There may be a lot of different opinions amongst them about the nation's economy and what to do to fix it, but I haven't read any of them that disagree on the fact that Americans are saving far too little for retirement. In many cases, not saving anything at all.
July 11, 2011 6:02 AM
Anonymous said...
One of them came up with some numbers that really blew me away the other day. It was a must read for me. It was showing how much you will need to just be by - bare bones minimum - and how much you would have to have saved to be able to do it. And THAT isn't any kind of life at all, that's just existing, not actually doing anything in your alleged Golden Years.

I don't want to be broke when I am 60 something years old, and for that cause', I have decided to go ahead and start saving 3 more percent in a savings account. No, not putting it into my retirement account, I have 5% going in there and though I may up it to 6%, with the unpredictability of the stock market, I want some money going somewhere else that I have more control over.

That savings will start next month, when I get my pay raise. The raise will simply go to savings, not my checking account. I am working on getting the information I need to get the taxes done and the money realized from that endeavor, at least half of it will also go into a savings account.

Of course, this may be short-lived if the economy goes back into a recession as many are predicting and jobs cuts start coming on the horizon again. I put all of my 401k savings into a guaranteed fund for now. It doesn't yield as much as keeping it in the aggressive mode I had it in, but it's guaranteed.

Whatever. Life goes on. The diet/fat loss contest starts today, but not officially until after everyone that is participating gets the amount of fat on their bodies calculated. They actually got a pair of those calipers that measure fat for this deal. I intend on going full out with this thing - it's a contest and I'm all over contests even if I don't win, there is no down side to losing fat and weight that I can see.

Church yesterday: 3-1/2 hours long. I stayed for all of it. It was a special guest speaker - actually a pastor that is friend's with this church's pastor who have known each other, they stated, for over 20 years. They came to town to help this church do the community outreach, but also, of course, the pastor from the Memphis church spoke both on Wednesday and yesterday.

My allure to him was simply that he operates in the prophetic. I am a firm believer of current-day prophetic gifts versus those that believe that that was only for the early church. But, I don't have time and really no desire to go into all of that right now, the work day is upon me and I must get offa here.

G'day.

ben

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