Congress wants your 401(k) tax breaks back

October 23, 2008

This is unbelievable. Since Congress has totally screwed up Social Security and refuse to do a damn thing about it, now they are looking for more cash to fund their out-of-control spending. Since we know we can not depend on Social Security for our retirement, many smart investors are depending on 401(k) accounts, IRAs and Roth IRAs.

All three offer tax breaks either now or in the future and get this, a couple of Democrats don’t think they are getting enough for their investment. Their investment? They have the gall to think that $80 million in tax breaks provided to 401k investors is an investment. It’s our damn money!

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War on terror starts – 25 years ago today

October 23, 2008

As a reminder, the war on terror started 25 years ago today with the Beirut Marine base truck bombing on Oct. 23, 1983. 241 American servicemen died that day. Minutes after the Marine barracks was attacked, a second truck bomb hit the French compound, where 58 soldiers were killed.

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On the street interviews – selecting Obama

October 23, 2008

I’m not a big fan of “man on the street” interviews. I guess if programs do them live, you can have some fun with it. They certainly are not scientific, and for the taped interviews, you know that they are only going to play the stupid people for laughs.

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NRA taking the lead on civil rights

October 22, 2008

At least I think so. The NRA has a new ad that takes on Obama’s record against an individuals right to protect themselves with a firearm.

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Reagan didn’t need to be tested

October 22, 2008

After Biden’s comment about Obama being tested within the first six months if elected, I noted that the vice presidential candidate mentioned Kennedy – most likely referring to the Cuban missile Crisis – but didn’t mention other more recent presidents that were tested.

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