Sunday, August 23, 2009

Social Security: Still The Best Way To Go!

Let us, once again, review, the positive aspects, of the Social Security Act.
This legislation, which is providing, benefits, for many USA citizens, is being enacted, during the third decade, of the twentieth century.
The Baby Boomer News is holding the opinion: there is not a more successful federal government program. This statement is applying, for the legislation, which is being enacted, before the SSA. This statement is applying, for the legislation, which is being enacted, after the SSA.
Boomers, who are hurting, as they are experiencing, equities based losses, are, correctly, directing, their focus toward SSA, at this time.
Boomers should forget about securing, their retirements via nonsensical programs: IRAs Keoghs and 401(k)s.
Boomers are not needing, such to concern themselves, with the machinations, of the equities markets managers.
The needed legislations, which are being necessary, such to bring these assorted rascals into compliance, need not be of concern, for individuals, who are absorbing the reality of the situation.
This reality is: you are not becoming secure, via investments, while individuals, who are motivated, by personal profits, are managing, the investments.
Boomers, at this time, are, correctly, directing, their attentions, toward the passage of legislations, which are mandating, employer funded, defined benefit, retirement coverage and disability coverage.
Small business can not afford? Then small business can hit the road.
Private, employer funded, pensions are not enough.More important; boomers are pressing, for the legislations, which is insuring, the survival, of the SSA. The SSA is being empowered, such that disability pensions, child and widow pensions and retirement pensions are providing, an amount of income, which is assuring, a pension amount, which is above the USA poverty level.
In addition, legislation, which is mandating, increased, withholding, for Medicare is being necessary, at this time.
Please, do view, the SSA Trustees Report, which is being revealed, via the hyperlink, which is displayed, in the right hand column, on this page.
The increased SSA withholding argument: withholding increases, for SSA and Medicare, which, in total, our presenting, as a 200 % increase, which is applicable, for the amounts being withheld, are being offset, in part, by the elimination, of the employees' 401(k) contributions
The employers' 401(K) contributions, if present, are being directed toward the employers’ SSA contributions.
Withholding percentages increases, are not sufficient.
The amount, of base wages, which is subject, for SSA and Medicare withholdings, are being increased.

Previously, during 2008, The Baby Boomer News is expressing, these opinions:

DJIA is reaching, 7000
S&P 500 is reaching, 700
NASDAQ is reaching, 1200

TBBN is expecting, these levels are being attained, during, December 2008.
These downward moves are occurring, during the, immediately previous, weeks.
The longer, than is expected, passage of time, is resulting, with the Dow average and the Standard and Poor’s average moving, below 7000 and 700, respectively.
The NASDAQ is not, as of, March 17, 2009, attaining, the 1200 level, which is being predicted, previously, by TBBN.
Now, during March 2009; some sources are predicating: the equities markets averages are continuing, such to decline.
These same sources are expressing, the opinion: upward movements, of the averages, during, the past week, are a temporary phenomenon.
This upward movement is being described, as a "Bear Market Bounce," among other descriptions. Said descriptions are forthcoming, from the "experts." LOL
The argument for continuing, equities markets, declines: the averages are moving, in a linear pattern, as they are rising, from the levels, which are present, during, 1992 - 1993. There is not occurring, a retrench, of the averages, such to test the bottom, of the ranges, during, this long upward march. The DJIA is being situated, at the 3000 level, during this specified, earlier time period.
Again, and as always, The Baby Boomer News is holding, the opinion: equities markets, as same are being incarnate, at this time, within the USA, are not an environment, which is hospitable, for the, average, "eighty-percents" member, USA citizen.
The equities markets are controlled, by the "twenty-percents." The equities markets are benefitting, over time, only, the "twenty-percents."
"Twenty-percents" are, of course, the twenty percent of the USA population, which is controlling, eighty percent, of the USA wealth.
You are assured; these "twenty-percents" connivers are enjoying, the accumulation, of more profits, as the equities markets are continuing, such to decline, through fits and starts. The "twenty-percents" are, once again, benefitting, as the equities markets are, at some time, rising, through fits and starts.
Remember, as just stated, the "twenty-percents" not only participate, in the equities markets; the “twenty-percents” control the equities markets.
Do not waste your time! Do not provide, these the "twenty-percents" thieves, the opportunity, such to deystroy, your wellbeing!
Place you money with a known entity, the SSA, which is proven, completly feasible, over time. The SSA does flourish and grow, as the USA citizens continue, their support!



1 comments:

Wallis said...

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.


Margaret

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