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Reply #46: Nobody is saying you can't retire. How do you think other people [View All]

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TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-02-09 05:15 PM
Response to Reply #18
46. Nobody is saying you can't retire. How do you think other people
do it? They live off their social security.
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  -F*ck the Dow.... Can Greed Die Already? kpete  Mar-02-09 01:49 PM   #0 
  - agreed  Parche   Mar-02-09 01:50 PM   #1 
  - Someone once said "the DOW ticker at the bottom of the screen should not be seen as the vitals  Taverner   Mar-02-09 01:52 PM   #2 
  - All we really need to worry about is the unemployment rate. That's all that matters.  steelmania75   Mar-02-09 01:52 PM   #3 
  - They used to have full employment in the USSR  anigbrowl   Mar-02-09 04:13 PM   #25 
     - Trust keeps capitalism going. Trust is lost when people cheat.  JDPriestly   Mar-03-09 10:01 AM   #164 
     - We pretend to work and they pretend to pay us.  formercia   Mar-03-09 10:33 AM   #173 
  - The greedy who have a little retirement money..?  skooooo   Mar-02-09 01:54 PM   #4 
  - When you exploit others to make your money-this is what you get. Karma. nt  earth mom   Mar-02-09 03:55 PM   #15 
  - Awesome response. Pathetic that it is needed on a democratic site. n/t  TBF   Mar-02-09 05:07 PM   #41 
  - I agree  Skittles   Mar-02-09 05:56 PM   #63 
  - I assume you buy nothing from countries that exploit labor, such as China?  kegler14   Mar-03-09 11:31 AM   #176 
  - Agreed. The stock exchange is about businesses that exploit cheap labor  conspirator   Mar-02-09 06:12 PM   #66 
  - Not to mention that it's a scam to begin with. We don't bail out casinos  TBF   Mar-02-09 06:22 PM   #69 
  - My but your high and mighty...  skooooo   Mar-02-09 07:00 PM   #90 
  - Except the 401k plans have limited investment choices  HughMoran   Mar-03-09 07:24 AM   #156 
  - Working people who saved for retirement were not greedy.  JDPriestly   Mar-03-09 10:04 AM   #166 
  - thank you, Voice of Reason! n/t  renate   Mar-03-09 10:15 AM   #170 
  - But THEY, like ME put their money into a GAMBLING scheme.  OwnedByFerrets   Mar-03-09 01:14 PM   #183 
  - that is utter bull  dem mba   Mar-03-09 10:05 AM   #168 
     - At least someone built these things we bought, and I WORKED for the cash to buy it.  Beavker   Mar-03-09 01:42 PM   #190 
  - so there is no other way, you can't retire unless there is a stock  treestar   Mar-02-09 09:13 PM   #136 
  - 401k plans have limited investment choices  HughMoran   Mar-03-09 07:27 AM   #157 
     - I'm just questioning this one assumption so many make  treestar   Mar-03-09 07:59 AM   #159 
        - The ERISA laws encourage investing in the stock market.  JDPriestly   Mar-03-09 10:06 AM   #169 
  - I remember that in the 50s all savings accounts had 5% interest  eridani   Mar-02-09 09:52 PM   #137 
  - Exactly! The Federal Policy makes Saving Rates truly worthless  Grinchie   Mar-03-09 06:05 AM   #147 
  - In the 50's  bluescribbler   Mar-03-09 11:17 AM   #174 
  - I've been watching............  rucognizant   Mar-03-09 04:12 PM   #196 
  - I think we need to do away with 401K's and replace it with a bond program.  Ganja Ninja   Mar-02-09 01:58 PM   #5 
  - Actually, that's PRECISELY why 401Ks were created: to funnel more money upwards to Owner Class.  scarletwoman   Mar-02-09 06:48 PM   #79 
  - Umm, no  Pavulon   Mar-02-09 06:53 PM   #84 
  - The era of the 401(k)  AllentownJake   Mar-02-09 06:57 PM   #87 
  - They dump them all at once right?  Pavulon   Mar-02-09 07:14 PM   #98 
  - No however  AllentownJake   Mar-02-09 07:19 PM   #102 
  - easy answer..  Pavulon   Mar-02-09 07:26 PM   #109 
     - I spent 5 years in Financial Services  AllentownJake   Mar-02-09 07:30 PM   #111 
        - There are many investments other than stock  Pavulon   Mar-02-09 07:32 PM   #113 
           - Nope it should never have happened  AllentownJake   Mar-02-09 07:43 PM   #117 
           - No...no reason at all.  PassingFair   Mar-03-09 12:05 PM   #178 
  - Its analgous to peak oil  yodoobo   Mar-03-09 09:17 AM   #161 
  - Foreign investors will be happy to buy those shares.  Common Sense Party   Mar-02-09 10:38 PM   #141 
  - Oh please, explain this 'massive source of wealth' that Joe Sixpack  acmavm   Mar-03-09 05:57 AM   #144 
  - Thank you, AllentownJack, I have been pointing this out for years.  JDPriestly   Mar-03-09 12:17 PM   #180 
  - Yeah, it's the fault of those too uninformed to read "every financial rag".  scarletwoman   Mar-02-09 08:00 PM   #120 
     - I made a FREE call to the fidelity 800 number  Pavulon   Mar-02-09 08:12 PM   #124 
        - How "voluntary" is it when every "expert" and authority figure is telling you that *this* is how you  scarletwoman   Mar-02-09 08:49 PM   #131 
        - umm, we are surrounded by sell. I see ads here  Pavulon   Mar-02-09 08:54 PM   #134 
        - We did the same  SOS   Mar-03-09 03:17 PM   #193 
  - Thank you!  tnlefty   Mar-02-09 07:58 PM   #119 
  - I must add that they don't teach people about money at all  Grinchie   Mar-03-09 06:13 AM   #149 
  - They didn't just purposefully withhold financial information  JDPriestly   Mar-03-09 01:41 PM   #189 
  - I agree. And that is also why republiCONS wanted to "privatize" social security.  loudsue   Mar-03-09 10:20 AM   #171 
     - Hey, loudsue, great to see ya! Hard to believe that more people don't see it for what it is,  scarletwoman   Mar-03-09 06:28 PM   #199 
        - Good to see you, too, scarletwoman!  loudsue   Mar-03-09 08:48 PM   #200 
  - Then by all means don't invest in any.  TXRAT2   Mar-02-09 08:45 PM   #130 
  - Greed is inherent in all of biology, and it is biologically important.  crimsonblue   Mar-02-09 02:01 PM   #6 
  - I think it mght be biologically important to evolve out of it.  navarth   Mar-02-09 02:08 PM   #8 
  - The solution is to move to another planet.  crimsonblue   Mar-02-09 02:18 PM   #10 
     - Bookmarking this post for later review.  Duende azul   Mar-02-09 04:22 PM   #26 
     - The earth won't be able to sustain us for long unless we have drastic action  crimsonblue   Mar-02-09 04:24 PM   #27 
        - Spreading the toxic germ  salinen   Mar-02-09 04:49 PM   #31 
           - then why don't you just kill yourself then?  crimsonblue   Mar-02-09 04:54 PM   #33 
              - Thanks!  salinen   Mar-02-09 05:15 PM   #47 
                 - salinen, I don't know you but  navarth   Mar-02-09 07:36 PM   #115 
     - Well....  navarth   Mar-02-09 07:32 PM   #114 
     - A good plan, but if we continue to fuck up our current planet--  eridani   Mar-02-09 10:12 PM   #138 
  - nature is typically not dog-eat-dog  hfojvt   Mar-02-09 02:20 PM   #11 
  - The idea is that greed is a natural biproduct of natural selection  crimsonblue   Mar-02-09 02:23 PM   #12 
     - that idea is an error, created by the greedy to justify their own greed  hfojvt   Mar-02-09 03:25 PM   #13 
     - That won't prevent greed  salinen   Mar-02-09 04:51 PM   #32 
     - But a 'learned' behavior.  Fire1   Mar-02-09 05:31 PM   #54 
     - you've contradicted yourself  hiphopnation   Mar-02-09 05:26 PM   #50 
        - Greed is a method of control  Grinchie   Mar-03-09 06:23 AM   #151 
  - This is why the Public Library System failed  leftstreet   Mar-02-09 05:40 PM   #60 
  - Social Darwinism: not just for neocons anymore!  Runcible Spoon   Mar-02-09 06:29 PM   #73 
  - Tired old canard. Anger is also hard-wired. Let's legalize murder while we're at it.  readmoreoften   Mar-02-09 08:02 PM   #121 
  - Survival of the Fittest is now defunct.  Grinchie   Mar-03-09 06:19 AM   #150 
     - :thumbsdown:  formervolunteer   Mar-03-09 04:01 PM   #195 
  - Thanks. 30 years of working my ass off (altho, dammit I still have an ass) and saving via 401K and  DrZeeLit   Mar-02-09 02:02 PM   #7 
  - I feel for those with 401ks but the honest truth is the stock market is manipulated  Jennicut   Mar-02-09 03:56 PM   #17 
     - Manipulation, exactly...  JuniperLea   Mar-02-09 05:07 PM   #40 
     - According to some on here, you're as guilty as the ..  skooooo   Mar-02-09 07:01 PM   #94 
     - Not guilty just pointing out that the market has been manipulated  Jennicut   Mar-02-09 08:36 PM   #128 
     - It's "worthless"? Or it's worth LESS than what it used to be?  Common Sense Party   Mar-02-09 10:40 PM   #142 
  - I think of the Dow as the countdown clock to the end of "American" capitalism  leftofthedial   Mar-02-09 02:10 PM   #9 
  - Well it's been ticking since 1896  dem mba   Mar-03-09 09:34 AM   #162 
     - capitalism is unsustainable in a world without free (or very cheap) and plentiful resources.  leftofthedial   Mar-03-09 12:27 PM   #181 
        - its not unsustainable  dem mba   Mar-03-09 01:23 PM   #185 
           - fewer and fewer people believe in the existence of the pea  leftofthedial   Mar-03-09 02:10 PM   #191 
  - Ahhh ha ha ha...good one...  serrano2008   Mar-02-09 03:52 PM   #14 
  - Easy for you to say.  jillan   Mar-02-09 03:55 PM   #16 
  - God forbid my husband and I try to retire.  Writer   Mar-02-09 03:56 PM   #18 
  - Nobody is saying you can't retire. How do you think other people  TBF   Mar-02-09 05:15 PM   #46 
     - But to associate that with greed is wrong-headed. n/t  Writer   Mar-02-09 06:31 PM   #74 
     - Or murder people for money, turn tricks  Pavulon   Mar-02-09 06:49 PM   #81 
        - "Normal people" are having a hard time right now. I know exactly  TBF   Mar-02-09 07:07 PM   #96 
        - We haven't been investing in companies for a LONG time.  PassingFair   Mar-03-09 12:08 PM   #179 
  - Incredibly stupid article.  deaniac21   Mar-02-09 04:00 PM   #19 
  - Good read...  newtothegame   Mar-02-09 04:08 PM   #20 
  - Tell that to my father & millions of other hard working Americans who are losing their retirements  debbierlus   Mar-02-09 04:11 PM   #21 
  - Greed will not die as long we are alive.  originalpckelly   Mar-02-09 04:12 PM   #22 
  - With that attitude it certainly won't. n/t  TBF   Mar-02-09 05:06 PM   #39 
     - Why do I have this image of a college kid with not a care in the world  GrizzlyMan   Mar-02-09 07:20 PM   #105 
        - Because you are trying to dismiss me. I am probably older than you  TBF   Mar-02-09 07:25 PM   #108 
  - seeing as our entire country is built on it- probably not.  dysfunctional press   Mar-02-09 04:12 PM   #23 
  - The sad thing, as long as money exists there will always be Greed.  sarcasmo   Mar-02-09 04:13 PM   #24 
  - Fuck the Dow and all those pension plans that depend on it  AZ Criminal JD   Mar-02-09 04:27 PM   #28 
  - All those pension plans...  JuniperLea   Mar-02-09 05:09 PM   #44 
     - Where did you get that 401k and IRA?  AZ Criminal JD   Mar-02-09 05:19 PM   #48 
        - Bullshit  JuniperLea   Mar-02-09 05:25 PM   #49 
           - The stock market was created before Reagan was born  AZ Criminal JD   Mar-02-09 05:31 PM   #55 
              - Try to follow along...  JuniperLea   Mar-02-09 05:35 PM   #57 
                 - Where did you wail?  AZ Criminal JD   Mar-02-09 05:48 PM   #62 
                 - Hello Mr. Pot...  JuniperLea   Mar-02-09 06:10 PM   #65 
                    - Now you are posting to yourself  AZ Criminal JD   Mar-02-09 06:21 PM   #67 
                       - You are hereby on my personal ignore list  JuniperLea   Mar-02-09 06:25 PM   #71 
                          - Ignored by anonymous internet electrons  AZ Criminal JD   Mar-02-09 06:34 PM   #76 
                 - Actually..  sendero   Mar-02-09 06:25 PM   #72 
                    - Not all companies contribute  JuniperLea   Mar-02-09 06:31 PM   #75 
  - In what society, ever, was there no greed?  AngryAmish   Mar-02-09 04:28 PM   #29 
  - In what society has there been no murder or xenophobia?  readmoreoften   Mar-02-09 08:05 PM   #122 
  - yep.  cliffordu   Mar-02-09 04:29 PM   #30 
  - Greed never dies. It just grows new tentacles.  Initech   Mar-02-09 04:59 PM   #34 
  - This Kubla Sounds Like One Heck Of A Moron.  OPERATIONMINDCRIME   Mar-02-09 05:00 PM   #35 
  - Unfortunately, millions and millions of retirement accounts are invested in the stock market  brentspeak   Mar-02-09 05:02 PM   #36 
  - The DOW is helping send my child to college  dcindian   Mar-02-09 05:03 PM   #37 
  - Non-profits wouldn't have to exist if we move beyond capitalism. Time to evolve. n/t  TBF   Mar-02-09 05:11 PM   #45 
     - Move where. Point to a system right  Pavulon   Mar-02-09 06:51 PM   #82 
        - I didn't say move to another system. I said "evolve".  TBF   Mar-02-09 07:18 PM   #101 
        - Are we takling religion or economics  Pavulon   Mar-02-09 07:27 PM   #110 
        - First of all, abolish the federal reserve  Grinchie   Mar-03-09 06:32 AM   #152 
  - The DJII has nothing to do with our economy  JuniperLea   Mar-02-09 05:05 PM   #38 
  - Do you know what 401K is? Or a pension fund? Do you know what funds them?  Mike 03   Mar-02-09 05:08 PM   #42 
  - What do you have in the way of training...  JuniperLea   Mar-02-09 05:27 PM   #51 
     - An expert at a senate hearing the other day said the "average return" is only 2%  SoCalDem   Mar-02-09 05:30 PM   #53 
     - Exactly  JuniperLea   Mar-02-09 05:39 PM   #59 
     - I might answer your question, but only if you tell me first why  Mike 03   Mar-02-09 06:56 PM   #86 
        - Your post was anything but polite...  JuniperLea   Mar-02-09 07:05 PM   #95 
  - Fantastic article - thanks for posting. Interesting to read all the right-wing  TBF   Mar-02-09 05:09 PM   #43 
  - What is the left wing logic. Where do i put my money?  Pavulon   Mar-02-09 06:55 PM   #85 
     - As I said in another reply to you - we are coming at this from two  TBF   Mar-02-09 07:16 PM   #99 
     - No seriously. Where should I place money  Pavulon   Mar-02-09 07:19 PM   #103 
        - Why not? Is what we have worth saving? We can build something new. nt  TBF   Mar-02-09 07:20 PM   #104 
        - Yeah, it represents a trade for my time  Pavulon   Mar-02-09 07:30 PM   #112 
           - See this is what I'm talking about - you and I are on different ends of the spectrum.  TBF   Mar-02-09 08:09 PM   #123 
              - When AA gives away free tickets to placed my family is, Nikon free D3x's  Pavulon   Mar-02-09 08:16 PM   #126 
        - You get nothing. Your money very well may be worthless. But cheer up.  readmoreoften   Mar-02-09 08:13 PM   #125 
           - Sure, If I get the AK and get to make up the rules  Pavulon   Mar-02-09 08:20 PM   #127 
           - You rock. n/t  TBF   Mar-02-09 08:37 PM   #129 
     - The Mattress/Safe Deposit box has been an incredibly good place.  Grinchie   Mar-03-09 06:37 AM   #153 
  - ugh  hiphopnation   Mar-02-09 05:30 PM   #52 
  - The crash will not benefit you. Stop cheering it.  mmonk   Mar-02-09 05:32 PM   #56 
  - The market needs to hit it's support level  JuniperLea   Mar-02-09 05:36 PM   #58 
     - I know. I've been investing since 1979.  mmonk   Mar-02-09 06:10 PM   #64 
  - K&R  leftstreet   Mar-02-09 05:40 PM   #61 
  - Deleted message  Name removed   Mar-02-09 06:22 PM   #68 
  - I agree. Some of them are a little testy today because their investments  TBF   Mar-02-09 06:24 PM   #70 
     - Only freepers invest. I mean a real D  Pavulon   Mar-02-09 06:46 PM   #77 
     - Like I said, really testy. n/t  TBF   Mar-02-09 06:47 PM   #78 
     - you got fucking owned, kid.  paulk   Mar-03-09 02:31 PM   #192 
     - Our market for the past 30 years  AllentownJake   Mar-02-09 07:01 PM   #92 
     - Cyclical is the term you want  Pavulon   Mar-02-09 07:17 PM   #100 
        - No, cyclical is not the term  AllentownJake   Mar-02-09 07:21 PM   #106 
           - I assume you have a short position...  Pavulon   Mar-02-09 07:38 PM   #116 
              - I totally cashed out in 2006  AllentownJake   Mar-02-09 07:48 PM   #118 
                 - I did it in 2000. Used the money to go to grad school. It always made  TBF   Mar-02-09 08:50 PM   #132 
                    - The Generation that lived through the depression passed on  AllentownJake   Mar-02-09 10:15 PM   #139 
     - It's interesting how all these folks calling for financial equality are using computers....  ProudToBeBlueInRhody   Mar-03-09 01:35 PM   #187 
     - One of the first steps on being found to be a fool is denial.  TahitiNut   Mar-02-09 06:48 PM   #80 
     - Yeah, I do feel for them though. It sucks that people feel like they have no  TBF   Mar-02-09 07:00 PM   #91 
     - I made enough money in 10 years  Pavulon   Mar-02-09 07:01 PM   #93 
     - If they fix the regulatory enviroment  AllentownJake   Mar-02-09 07:24 PM   #107 
     - Not when a 7 million dollar fraud would net a 25,000 dollar fine  Grinchie   Mar-03-09 06:43 AM   #154 
     - Alot of people bought into the myth the stock market always goes up in the long run  AllentownJake   Mar-02-09 06:59 PM   #89 
  - Capitalism is only as good as its regulation  specimenfred1984   Mar-02-09 06:53 PM   #83 
  - Amen to putting the Bush Squad in shackles. N/T  Grinchie   Mar-03-09 06:45 AM   #155 
  - K&R  Kitty Herder   Mar-02-09 06:57 PM   #88 
  - Give me a motherf***ing break  Dreamer Tatum   Mar-02-09 07:14 PM   #97 
  - Thank you  Danmel   Mar-02-09 08:51 PM   #133 
  - Ending capitalism would be a great beginning.  GeorgeGist   Mar-02-09 09:02 PM   #135 
  - The roof, the roof, the roof is on fire!  BluePatriot21   Mar-02-09 10:32 PM   #140 
  - misguided rant imo  paulsby   Mar-02-09 11:19 PM   #143 
  - Just Boycot the market until meaningful regulations are implemented  Grinchie   Mar-03-09 05:58 AM   #145 
  - K&R  Hubert Flottz   Mar-03-09 06:00 AM   #146 
  - If the Dow drops much more, you won't have to worry about  freemarketer6   Mar-03-09 06:07 AM   #148 
  - What About Middle Class/Working Class Folks?  DemocratSinceBirth   Mar-03-09 07:33 AM   #158 
  - What we are seeing is that free market and trickle down don't work so hot  TBF   Mar-03-09 09:06 AM   #160 
  - so firms should all be privately held?  dem mba   Mar-03-09 09:59 AM   #163 
  - "F*ck the Dow"  Hubert Flottz   Mar-03-09 10:03 AM   #165 
  - A PERFECT SYSTEM... A PERFECT STORM --> --> --> --> --> --> --> -->  happygoluckytoyou   Mar-03-09 10:05 AM   #167 
  - "...the heat we've been living in for decades."  Ron Green   Mar-03-09 10:26 AM   #172 
  - I was hoping to send my child to college and retire before I die.  kegler14   Mar-03-09 11:30 AM   #175 
  - I was hoping to send my child to college and retire RATHER than dying... dream big!  happygoluckytoyou   Mar-03-09 01:20 PM   #184 
  - interestingly enough all usury was against the law  zeemike   Mar-03-09 11:50 AM   #177 
  - Usury...used to be a dirty word.  Beavker   Mar-03-09 01:37 PM   #188 
  - Thank you for posting what I have been feeling for a long, long time.  OwnedByFerrets   Mar-03-09 01:10 PM   #182 
  - I hate the 2ndary Market  Beavker   Mar-03-09 01:35 PM   #186 
  - Greed die?  muryan   Mar-03-09 03:20 PM   #194 
  - A long long time ago when I was a very naive young man;  ooglymoogly   Mar-03-09 06:06 PM   #197 
  - Nope. Greed shot first.  Deja Q   Mar-03-09 06:09 PM   #198 
 

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