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Standards of Life in the Future: Think Grim (Ben Stein)
Yahoo Finance ^ | March 6, 2006 | Ben Stein

Posted on 03/08/2006 3:32:46 PM PST by Choose Ye This Day

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To: clintonh8r

Jesse Jackson has advocated a tax on IRA's and other investment accounts for "community development" for a long time.


101 posted on 03/09/2006 4:19:24 AM PST by Kozak (Anti Shahada: " There is no God named Allah, and Muhammed is his False Prophet")
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To: Kozak

Yeah sadly the masses will most likely vote themselves a portion of our REAL personal retirement savings (IRA/401k as opposed to the illusory Social Security "Trust Fund" the AARP is always talking about) I suppose moving to some other country for retirement might be a way out of it, but I'm not about to do that.


102 posted on 03/09/2006 6:02:16 AM PST by nascarnation
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To: speekinout

I don't have a job. I'm self employed. I'll be late for my funeral because I'll have a deadline for a project to make.


103 posted on 03/09/2006 6:18:14 AM PST by SoCal Pubbie
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To: Choose Ye This Day

Both ends of the airplane get to the airport at the same time; a taxi will gladly be sent to your house and chauffer you as long as you want; one can live on beans and dream of lobster without paying someone else to remind one when to buy more beans; one's wife can never have too much life insurance.


104 posted on 03/09/2006 7:34:40 AM PST by Old Professer (The critic writes with rapier pen, dips it twice, and writes again.)
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To: SoCal Pubbie
I don't have a job. I'm self employed.

That doesn't mean that you won't retire. And unless you have capable employees, you might not get to pick your retirement date.
Save as much as you can - and more.

105 posted on 03/09/2006 2:40:14 PM PST by speekinout
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To: tinamina

"I never vote to raise taxes and I pay for my own diapers, paid for my kid's diapers and for my mom's too. You seem to be quite a selfish generation to me. Your parents are in the way, so kill em off. Never mind they paid for your diapers, food, education and probably loaned you money to buy a house and gave you your first car. They are useless now, just sucking money from the economy and besides, they may leave you some life insurance proceeds or other property you could use, so kill em off, right? You are right, our mistake was not taking you to church."

Well I was joking about actually killing you guys off to make the point that your generation did a horrible job at instilling morals into our generation. We agree, I'm just poking fun that your mistakes might bite you in the ass.

I love my parents, I wouldn't dream of killing them, or putting them in a nursing home. They raised me well, they had me working at 12 (if you call umpiring little league) to get me to pay my own way. I never received allowance. However they are paying more a large part of my education and for that I am very grateful.


106 posted on 03/09/2006 2:45:38 PM PST by RHINO369
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To: RHINO369

The day they even consider taxing retirement savings, take your investments and put them into a Swiss account where our government can't touch them. Its not like income where the money has to come from the country.


107 posted on 03/09/2006 2:48:47 PM PST by RHINO369
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To: RHINO369
Since 1998-05-30

So, have you been a Freeper since age 12? Or are you using someone else's account?

108 posted on 03/09/2006 3:18:43 PM PST by SunTzuWu (Hans Delbruck - Scientist and Saint.)
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To: Choose Ye This Day

His concern and question where service has gone is IMO disingenuous.

He's a free marketer. The Free Market is the never ending journey for the lowest cost/price etc.

Great! But when companies cut back on service to fuel the demand for the lowest price, why play stupid. Great, I got a DVD Recorder at the best price. Now I'll call JVC/Panasonic/Pioneer etc and try to figure out how to utilize it. I'll get someone in another country reading off a script. But I got a great deal!

I see it everyday in my business. We take good care of our customers, help them make educated buying decisions and good tech support.

SO WHAT. They call on us to pick our brain so they can then go online and buy it at the lowest cost from an outfit that blows out products and gives minimal support. I'm not mad, that's life in the free market.

Customers only care who sells the lowest. And that's their right. But when the consumer acts all befuddled on where the service has gone I have to laugh.


109 posted on 03/09/2006 3:25:41 PM PST by roofgoat
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To: Choose Ye This Day
And for the leading edge of the Boomers is: It's too late. Many of them cannot escape a drastic ratcheting down in income and lifestyle. A crisis akin to the Great Depression is racing our way: A ruinous drop in standards of life.

The average baby boomer thinks that life and world history has revolved around them. Besides, many of them are voting Dim knowing that this is imminent. Make no mistake, they think that "the government" will be there to bail them out.

What will it be like to live in the horrible new dog-eat-dog world, with no one caring whether you live or die -- and have no money? What will it be like on that crowded freeway? You don't want to find out.

That's when the roots of the Terri Schiavo tree begins to green!

110 posted on 03/09/2006 3:28:36 PM PST by Fruitbat
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To: Choose Ye This Day

The thing I worry about is the democrats or rinos getting to the point where they take from those of us who saved to give to those of us who spent. I have driven cheap cars and taken cheap vacations my whole life. I have never tolerated credit card debt and paid off my mortgage early. I am well-situated for retirement with a good deal more than the numbers Stein cites as minimum. I don't think I should be penalized because the folks who leased BMW's and went snorkeling in the Caribbean have just discovered that they don't have enough money to retire on. Tough luck to them, I saved mine, they can go earn theirs by working until they are 80


111 posted on 03/09/2006 3:42:00 PM PST by muir_redwoods (Free Sirhan Sirhan, after all, the bastard who killed Mary Jo Kopechne is walking around free)
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To: muir_redwoods

Amen to that.


112 posted on 03/09/2006 4:49:58 PM PST by Choose Ye This Day (Read any book you want on child discipline and you'll find they're all in favor of bud-nipping.)
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To: Choose Ye This Day; afraidfortherepublic; Alexander Rubin; Alien Gunfighter; AmericaUnite; ...
Ben Stein Ping

Tell me if you want on.


113 posted on 03/18/2006 6:57:41 AM PST by Purple GOPer (The government is a group of people who are usually ungoverned.)
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To: Trout-Mouth

bet you had bacon and eggs for breakfast, drank whole milk, ate meat, potatoes and gravy with bread spread with real butter and drank coffee.


I still do and lots of it.


114 posted on 03/18/2006 7:26:02 AM PST by philetus (Keep doing what you always do and you'll keep getting what you always get.)
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To: RHINO369; muir_redwoods; Choose Ye This Day
The day they even consider taxing retirement savings, take your investments and put them into a Swiss account where...

--where the US government can tax them all they want, simply by taxing spending instead of income.  The two main ways that lefties in conservatives disguies are trying to do that is by tax-hikes with tariffs and a new sales (aka flat) tax.  Either way is a method that non-saving generation x'ers can use to confiscate boomers' savings. 

Anyone who complains about having their savings taxed a second time (first as income now as spending) by even bigger government, is a 'traitor'.

115 posted on 03/18/2006 8:10:45 AM PST by expat_panama
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To: SunTzuWu
"So, have you been a Freeper since age 12? Or are you using someone else's account?"

Yes I've been a freeper since 12! For most of time I just lurked. My dad and uncles were really into Free Republic during the Impeachment of Billy Boy and I came to check it out. I posted a little after 9-11, and checked up here occasionally. I only recently started to post alot though. Conservatism runs in my family I guess, although we still seem to get into political debates! One of my uncles still posts here alot, and the other gave it up because his blood pressure was too high!
116 posted on 03/18/2006 11:59:28 AM PST by RHINO369
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To: philetus
bet you had bacon and eggs for breakfast, drank whole milk, ate meat, potatoes and gravy with bread spread with real butter and drank coffee. I still do and lots of it.

Me too. You can't beat eggs in bacon grease, real butter, whole milk (preferably from the cow with the cream), chicken skin deep-fat fried and all those yummy foods. I eat 'em all and I am not overweight. Course maybe the blood is struggling to coarse through the veins, I don't know and furthermore done care. What is good for you this week is not good for you next week. Just wish we could get food without all the drugs. I wonder where one gets beef to raise for slaughter that doesn't have a family history of drugs?

117 posted on 03/18/2006 12:16:54 PM PST by Snoopers-868th
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To: Choose Ye This Day
[ I sincerely hope they do not expect the government to help them. ]

They will and do expect that..
Socialism is riseing not ebbing in America.. To wit: more RINOs in the republican party..
The only ones oblivious!.... are republicans..

118 posted on 03/18/2006 12:36:35 PM PST by hosepipe (CAUTION: This propaganda is laced with hyperbole..)
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To: RHINO369
Yes I've been a freeper since 12!

Wow! That's gotta be some kind of record. It's good to see that kind of attention span in one so young.

...and the other gave it up because his blood pressure was too high!

I'm afraid that's where I'm headed if I'm not careful.

119 posted on 03/18/2006 12:39:10 PM PST by SunTzuWu (Hans Delbruck - Scientist and Saint.)
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