On 21/07/2010 4:12 AM, bpuharic wrote:
On Tue, 20 Jul 2010 20:08:42 -0700, "Califbill"
wrote:



wrote in message
...
On Tue, 20 Jul 2010 19:20:56 -0400, wrote:


too bad the right wing destroyed the pension system in this country
and let the rich replace it with 401k's.



For those of in demand for jobs, 401k's were great. I was with NCR for 17.5
years.

no one cares about you. there are 100,000,000 americans who are as
self absorbed as you are.

less than 50% of companies even have a pension plan. and with the
massive turnovers in jobs, no one stays at a company long enough to
collect a pension.

the right has, at every turn, gutted the ability of the middle class
to earn a living wage or have a decent retirement

No one cares about you. Just a pest interupting a good conversation.
Like a rude liberal sleeze.


--

Government has liberals, idealists and lawyers, but where is the common
sense?

On 21/07/2010 3:26 PM, bpuharic wrote:
On Wed, 21 Jul 2010 09:51:31 -0700, "Califbill"
wrote:



wrote in message
...
On Tue, 20 Jul 2010 20:08:42 -0700, "Califbill"
wrote:



no one cares about you. there are 100,000,000 americans who are as
self absorbed as you are.

less than 50% of companies even have a pension plan. and with the
massive turnovers in jobs, no one stays at a company long enough to
collect a pension.

the right has, at every turn, gutted the ability of the middle class
to earn a living wage or have a decent retirement


Yup, no one cares about you and your finances. Even your 401k manager.

absolutely true. but i care about the 100M americans in similar shape,
and how the right wing continues to sell us down the river

So
you better learn to care for yourself.

gee. guess you haven't noticed i am. first step

destroy the rigth wing.

THAT is taking care of myself!

As my TI in USAF basic said, if you
can not take care of yourself, you can not take care of your buddy. And
those job changes and no able to vest in a pension makes 401k's even better.
As Gretwell says, look at your choices. The middle class has a living wage.

bull****. it DIDNT have a living wage. THAT'S the problem! it hasnt
had a real wage increase on 10 years.

any other fairy tales you want to spread?

By definition they live in the middle. The problem you babyboomers /
GenXers have decided that a living wage is $200,000 a year. You have to be
able to afford a nice couple cars, nice boat, 3000 sq ft. home, and a 3 week
vacation in some really nice 4 star place. You are in error.


ah. blame the middle class. that's the right wing solution to
everyting.

protect the rich

blame the middle class

CalifBill said it right, no one gives a crap that you lost. And you
lost because you were stupid.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

John H wrote:
On Wed, 21 Jul 2010 06:17:55 -0400, wrote:


On Tue, 20 Jul 2010 20:05:16 -0600,
wrote:


On 20/07/2010 7:52 PM, bpuharic wrote:

On Tue, 20 Jul 2010 19:00:38 -0400, wrote:


bpuharic wrote:

On Mon, 19 Jul 2010 19:21:25 -0400, wrote:



when's the last time the GOP proposed a capital gains tax INCREASE?

oh. never.

QED


Why do you have to worry about that? Are you at retirement age?

55. close enough. i worry because i'm shouldering the burden for the
rich. we bail them out. they pay lower taxes than i do. they dont
boost middle class incomes by wage increases...they do nothing for the
middle class.

Give me a break, I probably pay more in taxes than you make gross.

you're probably right. you wealthy folks usually are very arrogant
about your socialistic entitlements



america has the least equitable income structure in the western world.
it's one reason we're in the shape we're in

and tot he right wing, that's proof god loves the US

Let me correct you, bpuharic was not up to the challenge, got greedy and
made bad investments or perhaps in debt up to his ass never really saved
more than $40.

ah. so 100,000,000 americans are named 'bpuharic' since we all lost
our shirts

aggregate wealth in the US was 65 trillion in 2005

today it's 55 trillion

do you think i, personally, lost 10 trillion? if not, you have a bit
of explaining to do.

Did your 401K not have a money market?

Don't they all?

On 20/07/2010 11:25 PM, D.Duck wrote:

wrote in message
...
On Tue, 20 Jul 2010 21:46:25 -0400, bpuharic wrote:

On Tue, 20 Jul 2010 19:20:56 -0400, wrote:

On Tue, 20 Jul 2010 17:07:55 -0400, bpuharic wrote:

and there as many HF managers who saw this coming as economists

MOST hedge fund managers were betting against housing in 2007, that is
what hedge funds do.

except, of course, they told no one. the fine against goldman sachs
that depressed their first quarter earnings was for exactly this type
of screwing around


BTW I was reading an old Fortune magazine at Jury duty today (jan/feb
2010) and they had a list of the funds that did get it right this
year, one was up 265%. They also listed 1000 with their results for a
year and 3 years. I was looking at the Fidelity funds and most of them
were up this year, about half up over the last 3.
I guess I will dig out my 401k statement and see how it really did.
I know the last time I looked it was double what it was when I stopped
contributing in 1996.

too bad the right wing destroyed the pension system in this country
and let the rich replace it with 401k's.


This is the summary of my 401k from the web site

Average Annual Total Returns1 (%)
as of 06/30/2010

1 Year 3.63
3 Year 4.23
5 Year 4.80
10 Year 5.15
Life 6.84

Life is as of inception date 07/01/1985.


When I consider the fees the manager is skimming this is not bad.


You'd better recheck your numbers. I read somewhere that NO 401Ks had a
positive return over the past three years. 8)

Mine sure did, over the last 3 years, 89%. Yep, for each $1 in it is
now $1.86. And I know it isn't contributions as I haven't put any in in
3 years. Didn't hurt much I was 90% in cash Sept 2008.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

bpuharic wrote:
On Wed, 21 Jul 2010 18:00:59 -0400, wrote:


On Wed, 21 Jul 2010 17:30:45 -0400, wrote:


On Wed, 21 Jul 2010 05:36:12 -0500, wrote:


bpuharic wrote:


ah. so 100,000,000 americans are named 'bpuharic' since we all lost
our shirts


I'm still curious about the "100,000,000 middle class."
Can you pick that group from here?

http://sociology.ucsc.edu/whorulesam...er/wealth.html

Can't seem to break any of the charts down to get 100,000,000
in a group. But I didn't try too hard.
Seems the groups here are 1, 19, and 80 percent.

let's see....there are 115,000,000 working americans. about 80% make
less than 100K.

looks good to me.

Most of those people are not "middle class". Half of them don't even
make enough money to pay income tax.

ah yes, the right wing mantra...they dont pay 'income' taxes....so
they're worthless

guess what, sport. the wealthy dont pay taxes AND they dont work. they
get govt socialism to pay for their wasted spending of $6000 umbrella
stands while the middle class pays taxes...sales taxes, FICA taxes,
state tax, etc.

so your rich buddies are the real criminals. not th emiddle class


By the definition of middle class established here ($125K - $250K) it
is more like several million.

nobody who makes 250K is middle class.


Your situation and paranoia will lead you to an early grave if you don't
relax. Try turning your computer off for a week, or two.

On 21/07/2010 6:07 PM, bpuharic wrote:
On Mon, 19 Jul 2010 21:58:55 -0600,
wrote:

On 19/07/2010 9:10 PM, bpuharic wrote:
On Mon, 19 Jul 2010 19:46:34 -0400, "Harold"
wrote:


http://screen.yahoo.com/funds.html

and here is where you're confused. 401K's are managed by fund
managers...the funds they manage CAN do pretty well on an individual
basis. yet, unless you're a full time manager yourself, you have NO
idea which ones these are going to be.

Move your $40 to a money market fund and STFU.

You'd think all the Limo Liberals here would get up a collection for poor
bpuharic


notice how the right ignores the situation facing the middle class?

the rich are doing fine...so that's all that matters

From my perspctive, yes. What, with your envy and contempt for the
rich you want us to kiss you ass?

nope. i just dont want you to act surprise when you get hanged

Will not get hanged. Maybe you will if you don't pay down those debts.
Debtor court might make a comeback you know.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

On 21/07/2010 6:04 PM, bpuharic wrote:
On Tue, 20 Jul 2010 19:04:59 -0400, wrote:

John H wrote:
On Mon, 19 Jul 2010 23:10:30 -0400, wrote:


Seriously, Bob, do you really think all the conservatives here, or anywhere, are
rich? Do you not think a bunch of us might be middle class? Yet you are the one
doing all the whining because you paid little attention to your investment.

I asked if your 401K had a money market fund. By putting your money in same, you
could have prevented the losses you took.

Don't they all? If he has/had a company match - it would be free money,
too!

gee. if only you guys sold time on your crystal balls BEFORE the
collapse


You wouldn't list, it was there in plain view. Ron Paul for example.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

On 21/07/2010 4:15 AM, bpuharic wrote:
On Tue, 20 Jul 2010 22:27:41 -0400, wrote:


wrote in message
...
On Tue, 20 Jul 2010 19:06:17 -0400, wrote:

bpuharic wrote:
On Tue, 20 Jul 2010 05:03:58 -0400, "Charles C."


go ahead and try to get a loan using your 401K as collateral

see what happens


CC

When would any lender accept a 401K account as collateral?

since it's a standard part of a loan applcation. that's when

been renting all your life, i see


I may be wrong but I believe 401Ks are untouchable in bankruptcy
proceedings. You may have to list them on a loan app but they are
untouchable to a loan holder.


unless, of course, you're able to waive that...which many middle class
people did since it was a source of wealth that the rich wanted to get
their greedy hands on.

No, you mean the envious greedy slugs like yourself and de-fumer.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

On 21/07/2010 6:03 PM, Larry wrote:
bpuharic wrote:
On Tue, 20 Jul 2010 19:06:17 -0400, wrote:

bpuharic wrote:
On Tue, 20 Jul 2010 05:03:58 -0400, "Charles C."
wrote:

if, however, you're a baby boomer, well that's a different story


CC

So, in other words, I should be screaming and bitching about the
"loss" of
money that I never earned or had. I see. Starting to understand how
the
left thinks.

go ahead and try to get a loan using your 401K as collateral

see what happens


CC

When would any lender accept a 401K account as collateral?
since it's a standard part of a loan applcation. that's when

been renting all your life, i see

I'm going to try to guess what you meant to say...

Loan applications usually are interested in liquid assets. 401K accounts
don't count. I ralize they can be liquidated but loan officers aren't
interested in that.

Even if you can't touch a 401k in bankruptcy, a healthy for your age
401k or IRA balance shows your not a fly by night loser. That is, if
you were 50 and didn't have a 401k/IRA, I would count that against you
big time.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

On 21/07/2010 6:07 PM, Larry wrote:
Canuck57 wrote:
On 20/07/2010 8:07 PM, bpuharic wrote:
On Tue, 20 Jul 2010 20:01:34 -0600,
wrote:

On 20/07/2010 7:49 PM, bpuharic wrote:
On Tue, 20 Jul 2010 17:50:24 -0600,
wrote:



Can the left think?

tell it to milton friedman and alan greenspan...architects of today's
economy.

neither is/was of the left

how's the economy doing under radical free market socialism for the
rich?


Maybe not by your standards, but by mine, Greenspan was a leftie.

jesus christ...if you're calling greenspan a leftie...

Caved
into Clinton and congress pretty good. He even admited he screwed up in
doing so.

he admitted wall street was greedy. he, unlike you, knew the rich
could be greedy

you're a right wing moron so are too stupid to understand

greenpan can learn. you can't

Makes me smarter than you, I made money on his mistake, you lost your
shirt.

Don't you mean *skirt*?

Good one, he probably lost his balls too.
--

Government has liberals, idealists and lawyers, but where is the common
sense?