Current
Commentary
August 2011:
..What Fed might try
..$$$ on desert island
..Downgrading US
July 2011:
..Debt ceiling extension
..Adam Smith on voting
..Elizabeth Warren
..Baltimore Red Line
June 2011:
..Growth rates & Reagan
..Illegals & tuition
March 2011:
..Gas tax unfairnesses
February 2011:
..Gas tax hits poor worse
..Public sector unions
..Why high unemployment?
..Rx industry bailout
January 2011:
..Rx companies and $$$
..MD minimum wage
..Obama's hypocrisy
December 2010:
..Taxicab regulation
..Bullish for gold
..Tax cut fallacies
November 2010:
..Payroll exemption
..Worst case scenario
..Quantitative easing
October 2010:
..Income inequality causes
..Create jobs w/o spending
September 2010:
..More illegals = more jobs
..Plain-speak economics
..Rich get richer
..Trickle down & Paul Ryan
..Payroll tax cuts
August 2010:
..Cut payroll taxes
..No bailouts: transfer, adjust
..Let home prices fall
..Japan's 1900s deflation
July 2010:
..Cut or big deficits
..AZ Immigration law
..70 years of tax & spend
..Robbing tomorrow
..Cut the payroll tax!
May & June 2010:
..Inflation-free bailout?
..Ross Perot's lesson
..Looming tragedy
..Another bailout lie
..Costly IRS mandate
April 2010:
..Goldman fraud
..Ban financial derivatives
..Reform must-haves
..GM's mischaracterization
..5 years of unemployment
March 2010:
..Building with spoons
..Reforms = higher prices
February 2010:
..Eliminate public pensions
..How to raise $500 billion
..Deflation is natural
January 2010:
..Grab for your 401k/IRA
..City Hall protest
December 2009:
..TARP scam
..Federal pension myth
..Obama's commandeering
..Unemployment figures
November 2009:
..Gold: never below $1000
..Gold's newest price
October 2009:
..How to hurt companies
..Bailed-out banks' pay
..Gold's price rise
.
September 2009:
..Fed's mortgage impact
..Disagreeing w/ Bernanke
..50% tax bracket
August 2009:
..Cash for clunkers: BAD!
..Buffet on the dollar
July 2009:
..$1,000,000 for a slogan
..Financial sleight of hand
..A central planning failure
June 2009:
..Buy a home recently?
..Inflation, coming up
April 2009:
..Boos at a teaparty
..Gold price spreads
March 2009:
..Trillion-dollar lie
..$1T monetized debt
..Consumer prices up
..Interest rates up?
..What they don't tell you
February 2009:
..Pomp, but no substance
..Bet on inflation
January 2009:
..Stimulus package debt
..Monetary base doubles
..New Deal, or raw deal?
..Women & clothes
..Home prices in gold
December 2008:
..More money, less housing
..4% mortgage rates
..FREE MONEY!!!
..Gas prices
..Work for $1 a year?
..5 times Chrysler deal |
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Tuesday, January 19, 2010Treasury Department wants to hornswoggle
your 401k/IRA
The Treasury and Labor Departments are
seeking public comment on a plan to trick retirees into
surrendering the lump sum accumulated cash values of
their 401k or IRA in exchange for a promise to pay
monthly income for the rest of the retirees' lives (an
annuity).
The government pitch: We're concerned with people
outliving their retirement savings.
The government benefit for such a plan: immediate access
to 3.6 TRILLION DOLLARS OF PRIVATE SAVINGS in exchange
for a promise to repay in dollars which the government
controls the value of. All at a time when the government
is seriously short on cash, seriously short on available
credit through traditional lending methods, and already
pulling the 3rd world despot debt monetization lever.
Straight from the article: "The U.S. Treasury and
Labor Departments will ask for public comment as soon as
next week on ways to promote the conversion of 401(k)
savings and Individual Retirement Accounts"
Click here for the article
at businessweek.com.
Tuesday, January 12, 2010
Josh Dowlut organized a protest
at City Hall
Sheila Dixon does not
deserve an $83,000 pension.
| Letters
of protest can be sent to: |
| |
Joan
Pratt, Chair, Board of Trustees
City of Baltimore Emp. & Elected
Officials Retirement System
7 East Redwood St.
Baltimore, MD 21202 |
|
Those letters will be put on the
agenda for the next Pension Board meeting, which will be
Thursday, January 21, 2010. The Board meets the third
Thursday of the month, every month. Meetings are always
open to the public.
The meeting will be at 7 East Redwood
Street, on the 12th floor. The meeting usually starts at
9 a.m.; the starting time will be posted with the
Legislative Reference Department at City Hall.
The pension system has a web site: bcerssite.org
Thanks to WBAL for the information.
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