This'n'That; October 29th[obama;biden;Social Sec]

A Dunce Leading A Dolt Where do "the powers that be" find these people?? The Democrats have a Dolt, who in his entire Senate career, has been wrong on 95% of his decisions concerning foreign policy. The o-bomb-a campaign crowd is probably beginning to rue the day o-bomb-a selected the Dolt as a running mate!! Each time I hear a speech about the Democrat wealth redestribution plan, the threshhold to be considered rich drops. It started out with annual earnings of $250,000 Then the next speech I heard, o-bomb-a changed the lower limit to $200,000. Today, one of the commentators referred to a Dolt speech where the limit was AGAIN LOWERED, this time down to $150,000. At what level will it stop?? I'm bettin' that it'll be around the $50-60k range. I don't know about you, but I don't consider $50k, rich!! New Yorkers To Get Screwed AGAIN An article in today's paper says that state workers' pension fund has suffered a $30 BILLION [-20%] decline in value. This is due to the Wall Street meltdown. By state constitution, the state's taxpayers are obligated to make up the shortfall!!! Social Security Stuff Social Security is and should be, considered only one portion of one's retirement financial security. The other two are a self-funded retirement account, i.e., a 401k or individual IRA and current cash and othe liquid assets. As Mister Roosevelt said when signing the Social Security Act into law in 1935; "The civilization of the past 100 years, with its startling indutrial changes, has tended more and more to make life inecure. Young people have come to wonder what would be their lot when they came to old age. The man with a job has wondered how long the job would last." Social Security, stable but failing, is projected to run out of funds in 2041. Now is the time for the "powers-that-be" to allow the individual to invest a small portion of their SS tax into the stock market. With the market down by about 35-40% now is the time to have funds to invest!! With the stock market having lost [on paper] about $3 TRILLION, many retirement accounts have taken massive, devastating hits!! I know mine is down about 40%. Most financial advisors suggest that an individual/family have AT LEAST six months of expenses in savings accounts or other LIQUID investments. The American public has not been keeping up with their savings. The national rate is now in negative numbers, spending more than they earn. This is a tough time for anyone. My suggestion, as my father made to me; Save at least 25% of EVERYTHING you earn!! This will pay massive dividends if invested wisely. I'm currently saving to amass funds for investment in both retirement and regular stock accounts. Til Nex'time..........