EvilMonkey

DeAZa

Rios

QUOTE (Jenksismyb**** @ Jul 30, 2013 -> 04:33 PM) I don't think anyone has the expectation of making 3/4 of their pay at retirement for LIFE out of their 401k plan. Or more if you double and triple dip as many politicians do. Just look at Eeeeeemile Jones, poster child for working the system.

QUOTE (Reddy @ Jul 29, 2013 -> 10:28 AM) Never mind the 50% drop in health care cost, you have to find something to freak out about. haha You sure that wasn't supposed to be green type?

QUOTE (Soxbadger @ Jul 30, 2013 -> 11:15 AM) ??? Unless Florida is completely different than most jurisdictions I do not believe there is a "loser pays" law. So unless you think there is some sort of counterclaim its likely Zimmerman would merely be the defendant and the best case would be summary judgment based on the law that has been previously cited in this thread that suggests Zimmerman may not have civil liability if he was found to be using self defense. Yes, in Florida the loser pays. And all the bad stuff about Trayvon gets to come out as well, which will just make things messier as well, whether it matters or not.

QUOTE (StrangeSox @ Jul 29, 2013 -> 03:27 PM) Regardless of whether or not people should have invested more money during their working years, the reality is what Balta pointed out: there's a huge wave of retirement age workers coming with little or no retirement savings. Whose fault that is and whether or not the whole "everyone individually invest in stocks and bonds" 401k experiment was a good idea for the average worker doesn't change the reality that millions are facing. This isn't rocket science. My father who barely finished high school has managed to control his 401k, IRA and some stock purchases to give himself a comfortable retirement. he isn't computer literate and had no idea what most of these things were 20 years ago or so, but knew it was important to plan ahead and did what he could to do so. Maybe a little bit of the ant and the grasshopper here, but if you didn't plan good enough for yourself, not my problem.

QUOTE (StrangeSox @ Jul 29, 2013 -> 03:12 PM) Underfunded in the sense that you're going to have to work until you're dead. Underfunded from the perspective of the person who hopes to one day retire. Then contribute more. You can't expect to contribute $3k a year and retire with $60K a year pension benefits. It just doesn't work unless you have other suckers, I mean workers, paying for your defined benefits.

QUOTE (Balta1701 @ Jul 29, 2013 -> 02:49 PM) There's a reason retirement security has been thoroughly destroyed for much of this country at the same time as the pension system has been dismantled. It's a setup to extract fees. What no one pays attention to is the fact that as the pension system has been dismantled and replaced with totally inadequate 401k plans...we're not going to allow the baby boom generation to retire out on the streets. The government and the taxpayer will wind up making up the gap, just as will happen to the people who lose their pensions in Detroit. Nope. We'll have them die waiting for rationed medical care on Obamacare.

QUOTE (RockRaines @ Jul 29, 2013 -> 12:03 PM) The past contracts non-withstanding I dont understand why ANYONE hired lets say today would be eligible for a pension. These cities from Now ON should eliminate any pension. Frankly I dont understand the availability of a pension. In chicago the pensions are ridiculous. Bus drivers and such making 6 figure pensions for the rest of their lives is insane. On a small scale, smaller municipalities could prorate out the present value of their pensions and deposit that amount into 401k's for everyone and just stop pensions from that point forward, but even if the legality of it worked, it would be a HUGE upfront financial hit. Long term it would pay off as they would be free from the ever rising costs of the pensions.

QUOTE (Balta1701 @ Jul 29, 2013 -> 01:35 PM) The management costs of having each person holding a 401k plan are vastly higher than having a centralized pension fund. The biggest winner in this case is the financial industry; they get a much larger fraction of the money people invest for their retirement. Explain to me how a teacher contributing $250 a month to their pension and then collecting $40k, $50k or more a year in benefits is cheaper than having a 401k set up? If they worked 30 years they would have put in less than $100k, which they would use up in 2 or 3 years. The rest comes from the pyramid scheme known as defined benefit public pensions. 401k management fees are almost nothing unless you constantly change your funds allocations.

Dunn

QUOTE (Balta1701 @ Jul 25, 2013 -> 07:53 PM) There are a Couple reports out suggesting that Zimmeman's auto rescue story isn't legit, that he only showed up after the responding officer, a friend of his, called him and said e should come out for the positive press. Wow. if any conservative posted anything even remotely as crazy as that as evidence for ANYTHING, you would be all over it like flies on s***. "Officer Patrick Rehder’s cell phone records reveal a text or call to George Zimmerman right after the 5:47 PM crash was called in". OK, how did this site supposedly get these records, and where ARE they? OMG, the cop supported Zimmerman thru the trial, and hates welfare cheats, he MUST be racist. And of course the family doesn't want to praise Zimmerman, at least publicly. Heaven forbid some racist asshat sees that and tried to harass them as well for making George look good. And what the f*** is up with this: "We still need the public’s help in identifying the names of the six female jurors, especially B37. A lot of curious readers out there would like to see what they look like. So if you know that your neighbor was one of them, send their name & pic in for a large reward" Seriously? They want the jurors to get threats as well? f***ing crazies. Get the info at least from ABC or Huffpo. Name a source, show phone records or you are just making s*** up.

Elrockin, are you still running away with it, or have any of us made up ground?

QUOTE (Soxbadger @ Jul 23, 2013 -> 04:08 PM) Because even if there is correlation (which we dont know) it does not equal causation. For all I know fire-arm deaths would be going down faster if there was no CC. Did they go down faster in Illinois, the last state to get cc, compared to others?

Cubs got 3 of the top 15 Rangers prospects for a rental in Garza. Peavy worth at least that much if not more. just keep that in mind. If the Sox don't get at least that, just keep him.

DeAza

Rios

Dunn

QUOTE (lostfan @ Jul 22, 2013 -> 07:19 PM) Touche, touche. At first I thought you said Toure' Toure'

Alexei

QUOTE (lostfan @ Jul 22, 2013 -> 04:16 PM) It doesn't happen as often now but when I was younger, being outside at night wearing dark clothes and a Sox hat, talking to my friend on the corner at night was reason enough to be spread eagled on the hood of a cop car. Not to diminish your experience, but I got that living in Sauk Village in the early 80's. Although not always up against the car, maybe half the time we were just stopped and hassled for a bit.

QUOTE (iamshack @ Jul 22, 2013 -> 02:07 PM) I made an argument in my second or third post on the topic, which was conveniently ignored. I'm confused here, because I've made a general statement here saying that these commentators need to do more and whine less. You've now accused me both of specifically attacking this article while also not specifically attacking this article and the author. I've tried to point out several times now that my ire isn't necessarily directed at this particular article, author, or topic, but rather, this type of journalism or commentating. Why should I be compelled now to make an argument about this particular author, article, or topic? Because YOU sir are not a member of the aggrieved class, not have you admitted your white guilt and renounced your white privilege, so your opinion means nothing unless you can back it up with facts that answer questions not even originally asked due to constantly moving goal posts and race card playing. (make all that text half green)

QUOTE (Balta1701 @ Jul 20, 2013 -> 11:02 AM) Why should pension plans project returns that are so far below the rates that have been observed historically? Are you seriously asking why pension plans shouldn't take into account the current economy and rate of returns for other investments that are happening NOW, but instead should base their predictions on what they did 5, 10, 20 years ago?

Beckham

DeAza