@jimjam Republicans espoused fiscal sensibleness (usually). Raiding the federal treasury is nothing new but, today, it's job#1.
Every word true. Republicans used to be the honest ones and democrats (or should I say Dixiecrats) were the old time pols. Even Tailgunner Joe had a point, albeit a bad one. Nixon was a mess but the take away from that was that three principled republican senators took a walk to the Whitehouse and told him he must go. Can you even see Lindsey Graham doing that today? Or Moscow Mitch? Not a chance.
and 50 or so senators from whom we never hear a peep.
That's right. It is beyond pathetic.
Rudeness and stupidity are now their hallmarks. Respect someone who has an opinion that differs from yours? No way! Insult, demean and hate them is the order of the day.
Very true. And it is not coming from the left. My republican party has completely lost is moral fiber. What is sad is that this tack is only for the incumbents. They will hand over what is left of the party to the next generation in wreckage. I guess that is not bad though because the next generation will have grown up on this horrible example.
I'm too old to really give a shit. Fuck em and good luck to em. I do hope I live long enough to witness the economic collapse though.
Here is what I fear. All of the indicators show that we are overdue for and on the brink of another recession. The republicans have set up a scenario in which the democrats, if they take the presidency will have to raise taxes and cut spending. Sadly the majority of Americans are too in the weeds to grasp this now or when it happens.
It'll be interesting to see all the greed mongers who brought it on ……. disappear quietly behind their walled/armed encampments while Trump (if he's still around) passes the buck and goes down bellowing some nonsense about how it's all the fault of the Clintons or Obama. (Have you ever seen Donald actually take responsibility for something that didn't work out )
Yup. And it is too late to do anything about it.
I wonder if people know just how fragile their little piece of the economy is these days. I think not. If you go back to when you and I were young workers entering the workplace, a job with Sears or Montgomery Wards paid a living wage, had good retirement and almost complete job security. Who would have thought that your blue-chip General Motors stock would lose all of its value in weeks? My friend the Pan Am pilot who had to take a job as a flight instructor for peanuts when his $300K per year job went south overnight.
I had an employee who left my business because she was sure that her management trainee job at Blockbuster was a far better opportunity than I could ever offer her. Took a cut in pay to do it.
My guess is that our social security will be OK. About 30% of us are at or near drawing it and almost all of us vote early and vote often. For those reading this who are under about 45, look out. You will likely have nothing like what we have unless the democrats can get universal health care and use the savings to fund your retirement. And don't count on that puny 401K of which you are so proud. At today's returns you would need a couple of million bucks just to have a reasonable retirement particularly given the extended life spans you may well have.
In 2008, when the republicans crashed the economy last time, I was sitting at DFW on the day of the huge crash. There was a lady sitting next to me in the first class lounge watching CNN along with me. She was a nice looking lady of around 55 if I had my guess. At one point she turned to me and said, "I have lost a half a million dollars since this morning. I was thinking of retiring. Good thing I still have my job." She was a big wig with Abercrombie and Fitch. Sigh. I have another friend who had a million dollars in stock and social security he started taking at 62 because he was "rich" and why not. He works at Fry's food store now stocking the shelves at night. And this is 11 years later.
But you know Jimjam, we can't tell younger people this stuff and have it sink in. It is not that they are not smart enough it is that they are one of three things.
Too busy to take the time to look at it.
Don't earn enough to do anything about it.
Believe they are young enough to recover.
So to cash I go. I may not make much from it but then I am still working and do not need it just now. If I am wrong about the Trump crash that is coming then oh well. I won't be quite as affluent as I might have been. But here goes the advice that will go unheeded by almost all of the young people here:
Get into a career with legs. Medicine for example. Or a strong trade. Teaching or government work. The civilian sector is fickle as hell. The wisest thing I ever heard a young person say came from a 7 year old girl. She was asked what she wanted to be when she grew up. She said. "I don't know. It probably hasn't been invented yet."
Six years old.