Rush Limbaugh LIVE Radio Thread - Friday 10/24/08

The EIB Network ^ | October 24, 2008 | Rush Limbaugh

[Joisey]

Fawn: If you are that worried, might I suggest you use a screw driver to dislodge the spoon?

[GOPJ]

This is just step one - a recent study shows Americans who make the exact same amount of money have different net worths at retirment because blacks don't use IRA's, 401K, and other investments as much as whites. Blacks tend in invest in things that lose value - like cars. And their net worth is lower.

How will that affect Obama's thinking? He'll want to equalize. Not by teaching blacks how to save, but by equalizing outcome.

Here's how I think it will work in the long run. Obama will "spread the wealth" - in this case Social Security payments - around.

If you receive $800 a month from your 401K, that amount will be subtracted from your Social Security check. On the surface it looks fair - in fact - it punishes savers and gives to those who "spend every dime". If you spent your prime earning years buying lotto tickets and living large, you win. If you saved, you lose.

The study about Black and White saving patterns is in this months issue of Smart Money. The article is called: The New Retirement by Peter Keating.

[RasterMaster]

Could always put his wife up to it...wouldn't hurt her looks any even if she used her face.

[MaineConservative]

Car loans for people... here is what I want...

Not a good family car, but if the government is buying... :-)

[Clint N. Suhks]

POST OF THE DAY!!!

[acsrp38]

Just jumped in for a second, been listening.

Ernie Chambers sues God and makes news in Dubai — guys get fired over him.

[RSmithOpt]

You go your way...I’ll go Elway... LOL!!!

[Fawn]

OK....will try that first then.....it did have a little bit of play in it when I tried it this morning....i’ll remember to unplug it this time though....

[rightwingintelligentsia]

Yes, I saw that. It was still a story to begin with because of the police report—and an even bigger story, I guess, that it turned out to be a hoax.

Stupid girl.

[Fawn]

LOL...

[mylife]

Bernie Kosar fan here.

I’m still bitter L0L

[vacuumbob]

Thought you or ad guy would have said that before
litt-el-o-me.

[advertising guy]

“the profit master”....you got issues you hide here

[RasterMaster]

I'll take one in black....

[Fawn]

I’ll try...but right now, I’m afraid to go in the kitchen....LOL!!

[Fudd Fan]

That’s a compliment!

THANK ME!

[RSmithOpt]

re 317: Ever burn cinnamon and orange citrus at the same time?? That’s a good combo....

[Roccus]

Didja ever see the “Twilight Zone” episode where all the machines in the house turned on the homeowner.........?

[MaineConservative]

Take two the Government’s buying!!! :-)

[acsrp38]

But... will you share??