GangsterBB.NET

Funko Pop! Movies: The Godfather
The Godfather PART II - NEW!

Forums Calendar Active Threads Search Forum Help
Who's Online Now
1 registered members (joepuzzles234), 980 guests, and 13 spiders.
Key: Admin, Global Mod, Mod
Shout Box
Site Links
>Help Page
>More Smilies
>GBB on Facebook
>Job Saver

>Godfather Website
>Scarface Website
>Mario Puzo Website
NEW!
Active Member Birthdays
No birthdays today
Newest Members
COresearcher, Batman, demonte41, JoeySarcs, legacyaustraliaKG
10381 Registered Users
Top Posters(All Time)
Irishman12 72,704
DE NIRO 45,099
J Geoff 31,330
Hollander 29,754
pizzaboy 23,296
SC 22,902
Turnbull 19,694
Mignon 19,066
Don Cardi 18,238
Sicilian Babe 17,300
plawrence 15,058
Forum Statistics
Forums21
Topics43,336
Posts1,085,984
Members10,381
Most Online1,182
4 minutes ago
Previous Thread
Next Thread
Print Thread
Lets hope this doesn't come to pass. #520009
11/11/08 09:15 PM 11/11/08 09:15 PM
Joined: Aug 2001
Posts: 2,716
Graveyard
The Iceman Offline OP
Official BB Hitman
The Iceman  Offline OP
Official BB Hitman
Underboss
Joined: Aug 2001
Posts: 2,716
Graveyard
Instead of posting the entire article which is 2 pages, I'll just post the link.


Scary stuff here.
Re: Lets hope this doesn't come to pass. [Re: The Iceman] #520018
11/11/08 09:59 PM 11/11/08 09:59 PM
Joined: Aug 2002
Posts: 8,389
Staten Island / New Jersey
Just Lou Offline
Just Lou  Offline

Joined: Aug 2002
Posts: 8,389
Staten Island / New Jersey
With everyone's 401(K) going into the shitter, I'm not sure it's that bad an idea.
Re: Lets hope this doesn't come to pass. [Re: Just Lou] #520020
11/11/08 10:13 PM 11/11/08 10:13 PM
Joined: Jan 2008
Posts: 5,325
MI
Lilo Offline
Lilo  Offline

Joined: Jan 2008
Posts: 5,325
MI
I'd rather have a pension than a 401K but if the tax benefits are removed from 401K's I think the number of companies offering them or offering matched dollars would drop. Dramatically.

This is something I'll have to look into more.

"When the snows fall and the white winds blow, the lone wolf dies but the pack survives."
Winter is Coming

Now this is the Law of the Jungle—as old and as true as the sky; And the wolf that shall keep it may prosper, but the wolf that shall break it must die.
As the creeper that girdles the tree-trunk, the Law runneth forward and back; For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack.
Re: Lets hope this doesn't come to pass. [Re: Lilo] #520023
11/11/08 10:21 PM 11/11/08 10:21 PM
Joined: Dec 2006
Posts: 5,528
In a van down by the river!
Longneck Offline
Longneck  Offline

Joined: Dec 2006
Posts: 5,528
In a van down by the river!
Yeah that's pretty scary getting a guaranteed retirement account that is guaranteed to exceed inflation.

Or wait, that's the opposite of scary.



Long as I remember The rain been coming down.
Clouds of Mystery pouring Confusion on the ground.
Good men through the ages, Trying to find the sun;
And I wonder, Still I wonder, Who'll stop the rain.
Re: Lets hope this doesn't come to pass. [Re: Longneck] #520042
11/11/08 11:53 PM 11/11/08 11:53 PM
Joined: Oct 2004
Posts: 4,098
Existential Well
svsg Offline
Underboss
svsg  Offline
Underboss
Joined: Oct 2004
Posts: 4,098
Existential Well
Iceman, what problem do you see with this plan? It seems good to me! One thing I don't know is how will government be able to guarantee inflation+3% return. But if the theory that market fluctuations are cyclical, i.e., eventually markets do revive after a recession, this plan is shielding the people from facing the immediate brunt of the market collapses. As long as the government gives inflation+3% and nothing more, even if the markets do extremely well, this is a sustainable solution.
Re: Lets hope this doesn't come to pass. [Re: svsg] #520083
11/12/08 01:18 PM 11/12/08 01:18 PM
Joined: Feb 2005
Posts: 11,468
With Geary in Fredo's Brothel
dontomasso Offline
Consigliere to the Stars
dontomasso  Offline
Consigliere to the Stars

Joined: Feb 2005
Posts: 11,468
With Geary in Fredo's Brothel
Sounds like Social Security writ large.

"Io sono stanco, sono imbigliato, and I wan't everyone here to know, there ain't gonna be no trouble from me..Don Corleone..Cicc' a port!"

"I stood in the courtroom like a fool."

"I am Constanza: Lord of the idiots."
Re: Lets hope this doesn't come to pass. [Re: The Iceman] #520407
11/15/08 01:02 AM 11/15/08 01:02 AM
Joined: Aug 2001
Posts: 2,716
Graveyard
The Iceman Offline OP
Official BB Hitman
The Iceman  Offline OP
Official BB Hitman
Underboss
Joined: Aug 2001
Posts: 2,716
Graveyard
Meant to post on this again just got caught up doing others things and wasn't able to get back to it.

I'm against this for multiple reasons, yeah peoples 401k's are looking bad, but we've all got to ride it out, things will get better can't say when but things will get better.

Plus I feel the government has no damn right to take what is essentialy mine and do what they please with it. That is socialism my friends pure & simple. Taxes are another matter which I'm not real happy with either.

3rd the program would be a government run program? Man if that doesn't raise all kinds of red flags then nothing will. Look folks the current social security system is a government run system and it's going bankrupt, yeah the government has done a damn fine job handling that. rolleyes I realize this proposed program would be different but still a government run program spells bad news.

And since when can the government guarantee anyting like what the plan proposes?


Last edited by The Iceman; 11/15/08 01:04 AM.

Moderated by  Don Cardi, J Geoff, SC, Turnbull 
Privacy Policy · Forum Rules · Mark All Read Contact Us · Home
Powered by UBB.threads™