In response to:

Media Ushers in Cowardly New World

Timothy32 Wrote: Dec 28, 2012 9:23 AM
you do forget that with interest if you had the money to invest yourself the 12 to15% would net you about 5 million over the same time. forget the 20k a year. if you live to 85 thats only 400k you would have more then ten times that. and your family would have billions over a few generations. Its all designed to keep you poor by stealing wealth. the ruling class stay wealthy you stay poor.
Rich L. Wrote: Dec 28, 2012 10:51 AM
While I like your attitude, what you might fail to consider is that in 5 years, you may need $500k per year to live like you do now, yet you will still only get your $30k. That is where SS will have failed you completely (if you still are able to get the $20k in SS).
1960Republican Wrote: Dec 28, 2012 10:07 AM
Timmy - Yes, I know all of that. "More Is Not Enough," is the motto of the folks in the USA, including our government. I do not believe in that. I live happy and healthy on just what I need. "Here's looking at you, kid."

What a difference a few month makes.

Last month we were told by a fawning news media how great things were. The economy was a little engine that could.  And the declining unemployment rate was touted in headlines as significant progress toward economic recovery.

Unemployment rate falls to 7.8% in September, reported the Washington Post- a four-year low...”nearly”… whatever “nearly” means.

“The nation’s jobless rate dropped to its lowest point in nearly four years in September. And unlike some recent declines, this one happened for the right reason: not because people gave up looking for a job, but...