[Coronita]

Hahahahaaaa !!! I hope nobody wonders where all those old Wal-Mart greeters come from !! They pissed away their retirement ! hahahahahaaa…now they will work until they die….fools

 

Wow, that's mean. Actually what are you doing shopping at Walmart to begin with 🙂 ? Second, this couple isn't in exactly dire financial shape. Read the article again. They are choosing to bleed because they don't want to sell their vacation home, which they should be able to pocket about $500k from.  

[Coronita]

Bring out the champagne folks!!!!!! 🙂

[Coronita]

Bring out the champagne folks!!!!!! 🙂

[Coronita]

Actually, this couple isn't in that bad of shape. The solution for them is just to sell their vacation home. ($550kish profit, if I read correctly- discounted by $100k of what the article quoted) The issue is that the wife seems to be pigheaded and doesn't want to get rid of the vacation home, and rather stop taking his/her medication. That's imho stupid. Stop taking medicine, get a heart attack,die and not enjoy the vacation home anyway, or sell your vacation home and stop the financial bleeding. Seems like a no brainer to me. What I don't understand is that with there assets, why oh why would they assume such a big risk over just a measely $100k possible profit….Particularly at their age. at 60-61, you should be converting your assets into cash, not the other way around.

 

Possibly the worst advice yet:

The Daimlers have too much of their net worth tied up in real estate and low-growth cash investments, Cirino says. He suggests creating a more balanced portfolio by shifting most of the money left in their retirement account out of money markets and into stock and bond funds. The planner urges the couple to pay off their credit cards and start rebuilding their savings as soon as Steve starts working.

Uh..So at 60-61, they should "invest" in the stock market…Uh, yeah, that's the logical thing for them to do. I'm pretty bullish about the stock market these days, but I can take a hit if it happens because I got like 30 years ahead before I retire. These folks are already retired, and won’t have other income sources LEFT.

 

Another thing I don’t understand about the couple. They have credit card debt of $31k at probably some ridiculous apr (15-18%), and yet they bought investment property?????? Doesn’t make any sense to me. So stereotypical.

[Coronita]

Actually, this couple isn't in that bad of shape. The solution for them is just to sell their vacation home. ($550kish profit, if I read correctly- discounted by $100k of what the article quoted) The issue is that the wife seems to be pigheaded and doesn't want to get rid of the vacation home, and rather stop taking his/her medication. That's imho stupid. Stop taking medicine, get a heart attack,die and not enjoy the vacation home anyway, or sell your vacation home and stop the financial bleeding. Seems like a no brainer to me. What I don't understand is that with there assets, why oh why would they assume such a big risk over just a measely $100k possible profit….Particularly at their age. at 60-61, you should be converting your assets into cash, not the other way around.

 

Possibly the worst advice yet:

The Daimlers have too much of their net worth tied up in real estate and low-growth cash investments, Cirino says. He suggests creating a more balanced portfolio by shifting most of the money left in their retirement account out of money markets and into stock and bond funds. The planner urges the couple to pay off their credit cards and start rebuilding their savings as soon as Steve starts working.

Uh..So at 60-61, they should "invest" in the stock market…Uh, yeah, that's the logical thing for them to do. I'm pretty bullish about the stock market these days, but I can take a hit if it happens because I got like 30 years ahead before I retire. These folks are already retired, and won’t have other income sources LEFT.

 

Another thing I don’t understand about the couple. They have credit card debt of $31k at probably some ridiculous apr (15-18%), and yet they bought investment property?????? Doesn’t make any sense to me. So stereotypical.

[Coronita]

But I earned this money. I already paid taxes on this money. And I'll be damned if te government tells me what I can do with it upon my death. You have a very healthy sense of entitlement fat_lazy guy. No doubt you've been supporting yourself sincy you came out of the womb. You probably also never used a public highway and funded your very own personal police force and military. I bet you personally paid for private education while growing up also. Yep, no doubt you earned all that money and would have done just as well in the 1960's Soviet Union as you have done in the modern United States. In case you're not getting my point, every U.S. citizen benefits simply by being born in the U.S. The richest have benefitted the most and should pay the most in taxes. If you don't like the U.S. tax system, then renounce your citizenship and move someplace that will better respect your monies. I'm not about to shed a tear for the rich when the second-richest person in the United States pays a lower tax rate than his secretary.

 

Actually, I'm pretty happy with the way things are run here. It seems like it's all the folks that are disgruntled are the ones that bitch about how expensive everything is, how they want kick out the illegals, tax the upper income more…everything but  instead of getting off their own lazy asses and earn more. Imho, those people should renounce their citzenship and get the hell out of here. Your secretary analogy versus the second-richest person…Maybe the secretary should figure out something better for his/her career? Maybe he/she should have taken their education more seriously instead of worshiping Britney Spears….The problem that I see, is that a lot of folks don't give a hoot about education or self improvement. When an education system fails, they blame the system, and not themselves. And when their stuck in a bad job that doesn't pay enough, they blame the system and not themselves. And/or they attempt to live well above their means..I've seen it all. They folks clearly not entitled to anything that I worked hard for. 

[Coronita]

But I earned this money. I already paid taxes on this money. And I'll be damned if te government tells me what I can do with it upon my death. You have a very healthy sense of entitlement fat_lazy guy. No doubt you've been supporting yourself sincy you came out of the womb. You probably also never used a public highway and funded your very own personal police force and military. I bet you personally paid for private education while growing up also. Yep, no doubt you earned all that money and would have done just as well in the 1960's Soviet Union as you have done in the modern United States. In case you're not getting my point, every U.S. citizen benefits simply by being born in the U.S. The richest have benefitted the most and should pay the most in taxes. If you don't like the U.S. tax system, then renounce your citizenship and move someplace that will better respect your monies. I'm not about to shed a tear for the rich when the second-richest person in the United States pays a lower tax rate than his secretary.

 

Actually, I'm pretty happy with the way things are run here. It seems like it's all the folks that are disgruntled are the ones that bitch about how expensive everything is, how they want kick out the illegals, tax the upper income more…everything but  instead of getting off their own lazy asses and earn more. Imho, those people should renounce their citzenship and get the hell out of here. Your secretary analogy versus the second-richest person…Maybe the secretary should figure out something better for his/her career? Maybe he/she should have taken their education more seriously instead of worshiping Britney Spears….The problem that I see, is that a lot of folks don't give a hoot about education or self improvement. When an education system fails, they blame the system, and not themselves. And when their stuck in a bad job that doesn't pay enough, they blame the system and not themselves. And/or they attempt to live well above their means..I've seen it all. They folks clearly not entitled to anything that I worked hard for. 

[Coronita]

I'd love to import millions of hard working immigrants and offer them citzenship. But of course since US citizenship is a valuable thing, I would want to scrutinize who they are, where they come from, what skills they have, and confirm that they have a sponsor that will take care of them if necessary so they are not a drain on our public services. However, making wholesale citizens out of people whose first act was to violate the laws of another (our) country, and who demand benefits and the passage of laws meant to fix their self-imposed quandry, does not appeal to me. They should also certainly not go to the head of the line, period. For the life of me I cannot imagine the audacity it takes to demand things from another country and its citizens, especially one you broke into. When I travel abroad, I meticulously follow the laws of the countries I visit. I would never 'demand' anything from them, much less assert right for my particular "raza" while waving the flag of my homeland. Morever, under the current tax code which provides for the earned income tax credit, many many of these new "citizens" will immediately become tax takers, not tax payers. And this is before one considers the schooling costs for the children they are allowed to bring, the medical costs and SSI and SSDI payments for the parents they are allowed to bring (and who NEVER contributed anyting to the US economy and never will), and the costs to our society as it tries to assimilate tens of millions of people from the third world who speak a foreign language and are far from signed on to free maket capitalism. It is impossible to aregue that one or two adults making minimum wage are worth the associated costs for schooling, helthcare and the like for their family at large. If you think there is no downside to this Kennedy/Bush plan, take a look at the LA unified schoold district. It used to be a shining star for the entire country. Now, even with more per pupil spending than EVER, its more like a black hole than a shining star. Imagine another 5, or 10 or 20 million people flooding in wholesale, demanding rights, and unfettered access to the benefits of a social contract that they can't even read. THIS deal would make it better? No, our government has demonstrated twice, in 1965 and 1986, both time with Mr. Kennedy at the helm, that its plans cannot be trusted. It should enforce existing laws and when the flow by all accounts has been effectively stopped for a period of years, then we can reexamine the problem.

 

Don't get me wrong. I think this proposal is ridiculous. So ridiculous, there's really no point in worrying about it. It's a PR stunt by Congress that is pretty much DOA. What's more troubling to me is the anti-immigrant sentiment I see posted here.

I recognize that several folks drain our social system. But the real problem imho is that our social system is setup for people to be able to take advantage of it, both illegal and legal folks. Congress should fix that, and people's anger at these social giveaways should be focused getting Congress to change that.

For example, let's talk about welfare and SS benefits. In theory, i can apply for my in-laws PR here in the U.S. And finally when they get their U.S. citizenship here, I believe they would be entitled to receiving welfare, SS benefits etc, provided they have no assets here in the U.S, despite the fact that they have never worked here, never paid taxes here, and really shouldn't be eligible for any benefits.  They would be a drain on the system because the system is allowing folks who never contributed to it to take a cut. Solution: deny social programs and benefits who never contributed to the system. It would be fair, and apply to everyone (illegal and non-illegal). And I would be a proponent of this change to your social system…..Of course, these wouldn't be acceptable to lots of people, because people don't want to deal with this harsh situation. Some would feel it to be "immorale", for example, to deny health care to people who really need it but can't afford it and haven't paid a dime in taxes.

[Coronita]

I'd love to import millions of hard working immigrants and offer them citzenship. But of course since US citizenship is a valuable thing, I would want to scrutinize who they are, where they come from, what skills they have, and confirm that they have a sponsor that will take care of them if necessary so they are not a drain on our public services. However, making wholesale citizens out of people whose first act was to violate the laws of another (our) country, and who demand benefits and the passage of laws meant to fix their self-imposed quandry, does not appeal to me. They should also certainly not go to the head of the line, period. For the life of me I cannot imagine the audacity it takes to demand things from another country and its citizens, especially one you broke into. When I travel abroad, I meticulously follow the laws of the countries I visit. I would never 'demand' anything from them, much less assert right for my particular "raza" while waving the flag of my homeland. Morever, under the current tax code which provides for the earned income tax credit, many many of these new "citizens" will immediately become tax takers, not tax payers. And this is before one considers the schooling costs for the children they are allowed to bring, the medical costs and SSI and SSDI payments for the parents they are allowed to bring (and who NEVER contributed anyting to the US economy and never will), and the costs to our society as it tries to assimilate tens of millions of people from the third world who speak a foreign language and are far from signed on to free maket capitalism. It is impossible to aregue that one or two adults making minimum wage are worth the associated costs for schooling, helthcare and the like for their family at large. If you think there is no downside to this Kennedy/Bush plan, take a look at the LA unified schoold district. It used to be a shining star for the entire country. Now, even with more per pupil spending than EVER, its more like a black hole than a shining star. Imagine another 5, or 10 or 20 million people flooding in wholesale, demanding rights, and unfettered access to the benefits of a social contract that they can't even read. THIS deal would make it better? No, our government has demonstrated twice, in 1965 and 1986, both time with Mr. Kennedy at the helm, that its plans cannot be trusted. It should enforce existing laws and when the flow by all accounts has been effectively stopped for a period of years, then we can reexamine the problem.

 

Don't get me wrong. I think this proposal is ridiculous. So ridiculous, there's really no point in worrying about it. It's a PR stunt by Congress that is pretty much DOA. What's more troubling to me is the anti-immigrant sentiment I see posted here.

I recognize that several folks drain our social system. But the real problem imho is that our social system is setup for people to be able to take advantage of it, both illegal and legal folks. Congress should fix that, and people's anger at these social giveaways should be focused getting Congress to change that.

For example, let's talk about welfare and SS benefits. In theory, i can apply for my in-laws PR here in the U.S. And finally when they get their U.S. citizenship here, I believe they would be entitled to receiving welfare, SS benefits etc, provided they have no assets here in the U.S, despite the fact that they have never worked here, never paid taxes here, and really shouldn't be eligible for any benefits.  They would be a drain on the system because the system is allowing folks who never contributed to it to take a cut. Solution: deny social programs and benefits who never contributed to the system. It would be fair, and apply to everyone (illegal and non-illegal). And I would be a proponent of this change to your social system…..Of course, these wouldn't be acceptable to lots of people, because people don't want to deal with this harsh situation. Some would feel it to be "immorale", for example, to deny health care to people who really need it but can't afford it and haven't paid a dime in taxes.

[Coronita]

I am a H1-B holder and if this bill passes I will say I'm illegal. Besides I kind of look Mexican 🙂 Yesterday I phoned 10 cousins and they are all preparing to fly here. I'll vouch for them when asked if they were in the US before Jan 1, 07.

 

Seriously, I would have a lot of sympathy with you…Because folks in your position would realy be the people getting screwed…but again, doubt anything will happen. 

[Coronita]

I am a H1-B holder and if this bill passes I will say I'm illegal. Besides I kind of look Mexican 🙂 Yesterday I phoned 10 cousins and they are all preparing to fly here. I'll vouch for them when asked if they were in the US before Jan 1, 07.

 

Seriously, I would have a lot of sympathy with you…Because folks in your position would realy be the people getting screwed…but again, doubt anything will happen. 

[Coronita]

Joke:

What does U.C.L.A. stand for?

University of Caucasians Lost to Asians.

Since we’re talking about quotas. Let’s drop the asian quotas from colleges. You want to talk about discrimination, play both fields in terms of fairness.

[Coronita]

Joke:

What does U.C.L.A. stand for?

University of Caucasians Lost to Asians.

Since we’re talking about quotas. Let’s drop the asian quotas from colleges. You want to talk about discrimination, play both fields in terms of fairness.

[Coronita]

Don't forget that once they have legal status here whether it be a green card or visa, do you think they will go back to picking strawberries or anything else? No, forget picking crops, now they can work anywhere else, and we will be back to having to find ag workers again…perpetual cycle, we need guest workers, no anchor babies and tough enforcement of the laws we have…put the employers in jail. I am also contacting my senators…I suggest you do the same.

 

If they improve themselves, find better jobs, and pay more taxes, how is this a bad thing for society? Perhaps some folks feel threaten because their use to a cushion quality of living…Really, maybe they folks need to do what the rest of people who want a better future have been doing all along…uh, work harder????

I understand this might be new, and hard to grasp concept…But this is a capitalist society. If someone can do your job beter,faster,cheaper, and/or with superior quality, don't they desire to get rewarded for this?

If some kid at a college can replace me at work for 1/2 price of what my employer pays me, by all means the employer should do it. Because it wouldn’t make any sense not to.

[Coronita]

Don't forget that once they have legal status here whether it be a green card or visa, do you think they will go back to picking strawberries or anything else? No, forget picking crops, now they can work anywhere else, and we will be back to having to find ag workers again…perpetual cycle, we need guest workers, no anchor babies and tough enforcement of the laws we have…put the employers in jail. I am also contacting my senators…I suggest you do the same.

 

If they improve themselves, find better jobs, and pay more taxes, how is this a bad thing for society? Perhaps some folks feel threaten because their use to a cushion quality of living…Really, maybe they folks need to do what the rest of people who want a better future have been doing all along…uh, work harder????

I understand this might be new, and hard to grasp concept…But this is a capitalist society. If someone can do your job beter,faster,cheaper, and/or with superior quality, don't they desire to get rewarded for this?

If some kid at a college can replace me at work for 1/2 price of what my employer pays me, by all means the employer should do it. Because it wouldn’t make any sense not to.

[Author]

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