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“Personal” Accounts Paradox

Dear President Bush:

I recently wrote to you considering your social security phase-out plans. In doing some additional research, I came across a paradox that I wanted to share with you in hopes you might change your mind.

Your plan to create “personal” private accounts within Social Security is heralded as a way to “save” the program from projected funding shortfalls. But in reading about the program, those projections are based on pessimistic ideas about what growth in the U.S. would look like. Likewise, your accounts would generate a 7 – 10% return annually, based on optimistic projecctions of US returns over time. But some economists, who are clearly smarter than either of us on this topic, have said that if the rosy scenario turns out to be true, there won’t be a shortfall in Social Security at all. But then that would mean that if the pessimists are right on the Social Security projections, the stock market wouldn’t make your 7 – 10% annual return, either.

So, really, private accounts won’t make any difference at all in fixing the projected funding shortfalls in Social Security. Which makes me think this isn’t all that good of an idea, and that it won’t really help the average person at all.

Therefore, I have to ask you once again to stop pushing an agenda that clearly won’t help the citizens of this country, and, in fact, will do far more harm than doing nothing.

Thank you for your time.

Chris

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News

Dear President

Dear President Bush:

Recently, there has been discussion of creating “personal”/”private” accounts within Social Security in order to ensure I can fund a respectable environment. However, I already have two personal accounts that I manage for retirement. One is my Roth IRA; the other is my 401K.

Just so you know, I turn twenty-six this year. In your media appearances, you have repeatedly implored the creation of these accounts on my behalf, indicating how this will “save” Social Security for my genreation. I would request that you cease and desist from this, as my generation’s fortunes are already significantly tied to the movements of the stock market. From finding jobs to our existing private retirement accounts, so much of how we do financially depends on Wall Street.

We view Social Security as what is likely to be the only guaranteed money that is not subject to these whims. So, please, stop pressing for yet another private account that will only further complicate our lives while making us less secure.

Respectfully Yours,
Christopher M. Dymek

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Personal

Amusing Spam E-mail of the Day

Your night has been confirmed with Janice.

Time: Evening
Location: Her Home within 1 mile of you
Attire: Dress casual, bring swimwear
Expectation(s): Pizza/movie, then the “real” fun…or whatever comes first. Quote from Janice: “My husband is out of town for the whole week. If the first affair goes over well, let’s just say it will be a wild week. Bring your trunks for the hot-tub too. I have all my lingerie ready for this. Can’t wait to meet you.”

Confirmation: It is up to you to hold your time with Janice. Please confirm within the site to validate your visit. You can get a better look at her body and chat before you head over.

Meet Janice Now – http://chilltonight.com/d/3.php

If you are not spending a romantic evening with Janice or have received this by accident then continue here so this doesn’t happen again.
http://chilltonight.com/out/

I’m not really in to the whole hot tub thing while it’s 13 degrees outside, personally.

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News

All Hail Bush

This clip disturbs me in a very fundamental way. The inherent implication here is that what Our President Bush (OPB) is inherently above reproach (and certainly above politics). The media are simply expected to fall in line with whatever term of the week the OPB decides to use to describe something, without question. Otherwise, they’re being pejorative.

Watch out, I hear OPB will next be announcing that the sky is red.

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Personal

Posting Glory

So, why the rash of postings this evening?

Simple. I only have four more episodes of season 3 of 24 to watch. I finished a fair amount of work before 10 pm, and I was neither sick nor had to go out. This hasn’t been true all of January, but at some point pressures have to ease, at least temporarily.

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News

Looking for the Backbone of the Fourth Estate

Seriously, this nonsense must stop. If anyone has any examples of backbone among the media, please drop me a line.

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News

Black is White

Stories such as this one captured by Josh Marshall demonstrate clearly how Democratic Party leaders don’t “get it”. By waiting to take a stand, you cede control of the debate, and likewise the outcome, to the other side. If you have a viewpoint, stand tall and speak it! And if you don’t, find one before the debate begins. There’s nothing wrong with changing your mind, and at the same time, you gain leverage.

Really, this reminds me of a tidbit my boss told me in regards to a few personnel changes on a project I’m helping manage. His words of advice were to define the roles BEFORE the others became involved, as this would guarantee me more control over the process. I see control of the political discourse as no different.

After all, it’s not as though the Republicans have been ceding control while awaiting a specific plan. They’ve been prepping the waters for years on this topic.

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News

“Pro-Life”

I have always felt that those who label themselves pro-life do so in a tongue-in-cheek manner. I simply don’t grasp how you can argue you are for the life of a number of cells, which often do not constitute some viable outside the womb (not yet, anyway), yet be pro the death and endagerment of grown women who would now be subject to far more risky and dangerous methods of birth control.

The confusion that is often intentionally made from the pro-life side of the debate is that those who are not pro-life are pro-death. But it’s not as if those who support the lives of actual adult women are any less pro-life than those who claim to be. Few people on the pro-choice side of this fence want to actively encourage women to pursue abortions as though they are entirely frivolous. The phrase “safe, legal, and rare” well describes this position. But in order to truly take a pro-life view, it’s important to include the lives of the women, something the “pro-life” side never seems to consider.

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Personal

Two Feet of Hype

For the past two years running, my family has bought a subscription to the professional Accuweather website. Several of the meterologists there provide daily (and more often, sometimes) columns, along with daily videos on short- and long-term forecasts. Reading the models, the long-range forecaster, Joe Bastardi, was calling for a huge storm this weekend as far out as a week ago, while many of his contemporaries were barely aware of a storm. So imagine my surprise and amusement today as some of them have now increased their anticipated snow totals even above what he was talking about at the time.

I hope Joe’s feeling good today, and come Sunday, he’s feeling even better.

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News

Safer Already

Do you feel safer now?

As expected, Iraq replaced Afghanistan as the terrorist breeding ground of choice. Our wanton and insanely stupid strategy of attacking a country controlled by an unfriendly-yet-relatively secular leader who, despite being clearly sadistic, was also being monitored and boxed-in. His options for movements were limited and, while this was consuming resources, it was sustainable over time.

Meanwhile, other key items, like stateless terror groups (still hard for some in this administration to believe) float among the breezes looking for a new home. We have the delightful idea that we can revolutionize the Middle East not by pressuring those who sponsor the teachings of radical Islam (here’s looking at you, Saudi Arabia), but instead by invading one of the more secular governments in the region.

Brilliant!