It's a means to give loads and loads of money to high-tech corporations. The side-effect are that you have to always have to have an enemy (or invent one) in order to pretend that it's justified.
For those on retirements from the state and local government, it most assuradely is a guarantee for as long as they live. It would appear while you were lecturing me on retirements systems you haven't really boned up on how government retirements can work.
Granted. But have you ever heard the military described as welfare? I certainly haven't. And you'd think I'd have more opportunity to do so than KIRK.
I never said they can't. But, for whatever reason you are attempting to confuse the difference between planning and a guarantee. I'm not sure if it is intentionally, or by accident. At this point, I don't really care. The bottom line is this, with a state controlled and managed pension no matter what happens in the markets, no matter how poorly they are mismanaged retirees will receive their monthly retirement check for as long as they are alive. The same cannot be said for everyone who pays into a 401k program. Mewamet, why do you have such difficulty seeing, or admitting that type of difference?
I give up 401ks are evil. Do you know that you can shift funds in 401ks? And that the funds don't have to be invested in stocks or mutual funds.
Dude, I didn't say 401k's are evil. I am simply pointing out a significance difference because you chose to glaum onto retirements for some reason. You are the one who can't seem to get past the simple fact that state retirements are significantly different than 401k's. So kindly don't put words into my mouth. Leave that shit up to your comrade in arms Margaret Wander Bonanno Donner.
Yes, many times. Perhaps. I can't really say. Everyone has different experiences in life. Neither anecdotal evidence nor lack of anecdotal evidence is really conclusive.
Not really, the fact that you think I'm your friend is incredibly stupid on your part. More moronic ASSumptions from the novelist? Or are you two stupid to figure out who your common law husband is now? Oh wait, I just answered the question.
<-----Federal DoD Employee My Retirement is made up of... -Pension calculated based on high three years of service -Thrift Savings Plan, basically a 401K type plan where we can choose the funds to invest in. -Social Security (making the big assumption it's still around) Not Gov't funded: -IRA -Non IRA Mutual Funds -Stocks
I wasn't talking about me. I was talking about all the nonexistent people you cite in your posts. Maybe you should take a break and call me fat again. Or tell me how I'm divorced, not widowed. Or tell the story about how the time you met me when everyone else was asking me to sign copies of their books, even though it never happened. You know, all that other stuff you keep pulling out of your ass.
In the past, KIRK has claimed to have one or two brothers who have served in the military. I suspect sibling rivalry. Maybe he's got flat feet or something.
I agree with you. But in a country of 300 million people you're going to get all sorts of weird people with wacky ideas. I didn't say that this was a widespread opinion, but it exists.
Well that's a good honest answer. Maybe KIRK can give us something more on this military = welfare jazz.
Not too bad. I'm sorry about the Social Security. I actually thought the fed's retirement system was better than the city and states. The city that I live in has the following for their employee: Retirement plan. 2.5% @ 55, employee contribution matched by the state. When an employee retires they are paid out of their contributions to the system. When those contributions the city then kicks in money for their retirement until they die. For those who were hired prior to 2001, they have full medical benefits in retirement. Not included with the city: 457b plans, they have a choice of three companies IRA's Their retirements are actually managed by the state. They are managed by CalPERS (California Public Employees Retirement System)