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The Guild 10-26-2002 President Bush Saves The Day!
The White House ^

Posted on 10/26/2002 6:11:51 AM PDT by BigWaveBetty

President Takes Action to Protect Pensions and Retirement Security for All Americans

Presidential Action

President Bush believes that economic freedom is essential to individual success and prosperity. The President's economic agenda invests in individuals by creating jobs, expanding opportunities to save and invest, providing a good education, and helping each American own part of the American dream.

An important component of the President's economic security agenda is providing American workers and retirees new tools to protect their pensions, investments, and retirement security.

In his radio address, the President will announce the implementation of rules that require workers to receive a 30-day notification before any "blackout" restrictions are placed on their 401(k) plans.

On October 21, 2002, the Department of Labor will issue regulations implementing the new notice provisions, providing important protections to workers and retirees with investments in 401(k) plans. The regulations provide both interim-final rules and a model notice to assist plans in carrying out their responsibilities. Under the new rules:

Workers will receive notice 30 days before any restrictions are placed on their ability to direct investments, take loans, or obtain distributions from their 401(k) plans.

Companies with employer stock in their 401(k) plan will receive the same notice so corporate insiders will know they cannot sell stock in the company or exercise stock options when the workers in the 401(k) plan are restricted from doing so.

The notice to employees must include the reasons for the blackout period; its beginning and ending date; and, if the ability to direct investments is suspended, a statement that participants should evaluate their current investments in light of their inability to direct or diversify assets during the blackout period.

Failure or refusal to provide the required notice will result in a civil penalty.

The rule will be effective on the earliest possible date under the statute, January 26, 2003 (180 days after enactment of the Sarbanes-Oxley legislation). The Securities and Exchange Commission is also working on a new rule scheduled to take effect early next year that will bar corporate executives from trading their stock when their rank and file workers are prevented from selling theirs.

Unfinished Business

The President has proposed other important, commonsense proposals to help protect the retirement savings of American workers:

Allowing workers to diversify their investments in employer stock after three years.

Providing workers quarterly benefit statements that explain the value of diversified investments.

Giving workers better access to much-needed investment advice from professional advisers acting in the workers' best interest. These remaining provisions passed the House of Representatives on April 11, 2002. Unfortunately, the Senate has failed to act on these important initiatives.

To learn more about the President's comprehensive economic security and corporate accountability agenda please visit www.whitehouse.gov

President Bush Saves the Day!

Click link to see GOP response to dim Social Security cartoon.


TOPICS: The Guild
KEYWORDS: theguild
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To: COB1; lodwick
Don't be modest, you two. When someone calls you a studmuffin - albeit a middle-aged one (!) - just accept it for the sincere compliment it is.
61 posted on 10/27/2002 4:46:48 PM PST by mountaineer
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To: mountaineer; COB1; lodwick
You've given good advice, m. Thanx for coming to my rescue. I honestly didn't mean any disrespect of JL & COB1.

It should be taken as a compliment. It means we (or at least, I) consider them friends,,, menfolk we can joke with, at the same time knowing THEY understand WE are not coming on to them.


62 posted on 10/27/2002 4:52:32 PM PST by Iowa Granny
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To: mountaineer
Aw, shucks, ma'am!
Now you done gone and made me blush!
Thankee kindly.........
63 posted on 10/27/2002 4:52:45 PM PST by COB1
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To: Iowa Granny
"menfolk we can joke with, at the same time knowing THEY understand WE are not coming on to them."

Heck, IG!
Now you blowed my ego to shreds!
Here I thought you were making a play for me!
Oh, well, win some, lose some........

64 posted on 10/27/2002 4:57:16 PM PST by COB1
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To: mountaineer
All Right - very nice!

You're a pic posting genius now - thank you for sharing those with us. We'll expect more in the very near future. ;-)
65 posted on 10/27/2002 5:01:53 PM PST by lodwick
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To: Iowa Granny; COB1; mountaineer
Yep you hotties can say anything you wish, and I may, or may not respond, but I've learned from Cob's postings that what I will not do is precipitate a divorce hearing. At this stage of the game - it's just not worth it. It would really distract me from my freep time.

That's why I called Mrs.L in to see Bigun's pics of all the hairy-leg types I was around in Houston - no AnnaNicoles going on here. Just enjoying everyone's good company.


Damm, I hate Standard Time - it feels like it should be 9:30 or so. ;-)
66 posted on 10/27/2002 5:11:00 PM PST by lodwick
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To: Iowa Granny; lodwick; COB1
I understood exactly what you were saying. I think JL and COB know we love 'em dearly, don't you, fellers?
67 posted on 10/27/2002 5:11:21 PM PST by mountaineer
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To: mountaineer; Iowa Granny; *The GUILD
Thanks and Yes, we do understand - IG will always give a wink to the farm boys. We like it.

We'll see if Victoria's Secret's live show is worthy of a BreakingNews thread...some planning and letter writing may be needed here.
68 posted on 10/27/2002 5:17:01 PM PST by lodwick
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To: lodwick; COB1; mountaineer
Victoria's Secret

I happen to know what Victoria's REAL Secret is,,,,, None of Victoria's Secret's things fit anyone over 40.

69 posted on 10/27/2002 5:35:40 PM PST by Iowa Granny
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To: Iowa Granny
Re Vicky's secret - how about 14? Those children are only fed once a week. Where's the child protective type people here?
70 posted on 10/27/2002 5:42:17 PM PST by lodwick
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To: Iowa Granny
The only person I know who actually shops at Victoria's Secret is a 26-year-old friend who, in light of her rather Rubenesque physique, probably should consider buying industrial strength corsets at Sears rather than the shimmery, barely-there equipment available at VS (but to each her own, I guess).
71 posted on 10/27/2002 5:44:28 PM PST by mountaineer
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To: Iowa Granny; mountaineer; Hillary's Lovely Legs; All
COWBOY UP

When a Cowboy's in a pinch
He just tightens up his cinch,
Spurs his horse and rides right through it,
Cause' that's the way the Duke'd do it.
He'd Cowboy Up.

And with our country now in danger,
A cowboy's like the old Lone Ranger.
Ridin' hard and shootin' straight,
Fightin' those who spread the hate.
He'd Cowboy'd Up.

A Cowboy's ready and he's willin'
To face the foe, like Marshal Dillon.
And when the gunsmoke clears away,
Cowboy spirit wins the day.
So, Cowboy Up.

Pull your hat down tight
And don't back down from what is right.
We'll bring back "Happy Trails" for you,
Like Hoppy, Gene and Roy would do.
They'd Cowboy Up.

Think back about Flight 93,
And how those heroes came to be.
They knew that thousands more would die,
If they just let that airplane fly.
They Cowboy'd up!

One widow had this tale to share,
A husband's love and one last prayer.
And when their sacrifice was done,
Terror lost and Freedom won,
"Let's Roll," he said,
And Cowboy'd Up.

Cause Cowboy's fight until they win,
Just like TV's Paladin.
They will not let our Flag unravel,
As long as they Have Gun, Will Travel.
And Cowboy Up, hell bent for leather,

Cause we're all in this fight together.
We're ridin' hard right on their trail,
And with God's help, we will prevail.
If Gary Cooper, Joel McCrea,
And Randolph Scott were here today,
They'd fight for what is right and true,
Like Rex and Tex and Lash LaRue.
They weren't afraid to Cowboy Up.

So, let's give old Uncle Sam a hand,
Cause' we're all ridin' for his brand.
And with that Texan in the saddle,
Our posse gonna win this battle.
So, let's Cowboy Up,

Pull our hats down tight,
Be rough and ready for the fight.
Our country's through with playin' games,
We're kickin' butt and taking names.
Yeah, Cowboy Up, pard, that means you,

Stand up tall and 'fore we're through,
We'll kick 'em right in their gee-had,
Cause' now, they've made the Cowboy's Mad!


72 posted on 10/27/2002 6:08:41 PM PST by COB1
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To: lodwick
Oh, thanks for the eye candy pics today ;-)
73 posted on 10/27/2002 6:11:31 PM PST by habs4ever
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To: COB1
Watching Maverick as I freep. Thank goodness for the cowboy channel.
74 posted on 10/27/2002 6:13:53 PM PST by Iowa Granny
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To: mountaineer
Nice pics and it really looked very still and peaceful.

You got long legs, too!! lol
75 posted on 10/27/2002 6:18:20 PM PST by habs4ever
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To: Iowa Granny
"None of Victoria's Secret's things fit anyone over 40."

Well, I don't know, IG.
I'm a little over 40, and some of her things fit nicely.
I notice the girdles are getting smaller every year, though.

76 posted on 10/27/2002 6:45:24 PM PST by COB1
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To: lodwick
Last year our Victoria Secret Show Live thread was very popular. We will host another one this year.

And don't forget, first week of December.... MISS WORLD!!!!
77 posted on 10/27/2002 7:27:33 PM PST by Hillary's Lovely Legs
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To: COB1
I notice the girdles are getting smaller every year, though.

LOL. You are showing your age. I don't think Vicky sells girdles. I think you have to go to the Lane Bryant catalog for those.

78 posted on 10/27/2002 7:47:42 PM PST by Iowa Granny
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To: mountaineer; Timeout
You, Timeout and Mr. Mountaineer look great! Habs is right, you've got legs that go on forever! I'll bet when you get up to bat at your softball games they try to walk you everytime.

Looks like a fabulous time was had by all, thanks for bringing the pics by!

79 posted on 10/28/2002 3:50:35 AM PST by BigWaveBetty
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To: lodwick
I agree with IG, you're definitely a stuff muffin!
80 posted on 10/28/2002 3:56:15 AM PST by BigWaveBetty
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