I am moving to Mexico

[vitterd]

Subject: Fox news caves to Presidential pressure







In response to President Obama's complaint that FOX News doesn't show enough Black and Hispanic people on their network, FOX has announced that they will air " America's Most Wanted" TWICE a week from now on.


It's a joke

I find it odd that u can say its a joke and a post like that stays up but I come back at a mod after he makes ridiculous comments about me. I tell him what a bitch idiot he is and mine gets deleted.

Again I could care less about this joke. It should remain but why mine gets deleted is so odd. Then again it is the double standard that lives at bc. I wish one time I could get an answer for it. Let the I want my mommy replies begin

[Jamaicanman]

I find it odd that u can say its a joke and a post like that stays up but I come back at a mod after he makes ridiculous comments about me. I tell him what a bitch idiot he is and mine gets deleted.

Again I could care less about this joke. It should remain but why mine gets deleted is so odd. Then again it is the double standard that lives at bc. I wish one time I could get an answer for it. Let the I want my mommy replies begin

There is a thread "jokes to offend everyone" and it's like a Lisa Lampeneli concert in there. Maybe this joke was more appropiate in there, but since in had presidential and fox in it, maybe that's why it was here.

[vitterd]

There is a thread "jokes to offend everyone" and it's like a Lisa Lampeneli concert in there. Maybe this joke was more appropiate in there, but since in had presidential and fox in it, maybe that's why it was here.

Lisa lampeneli cracks me up on those roasts on comedy central. Actually all those roast are fuckin hysterical. Nothin off limits on those. Again, it doesn't bother or offend me. I could care less. Although I find the joke old and not real funny it doesn't bother me. Just bugs me I get blasted by a mod and respond to his post and it gets taken down. That gets annoying. Get called a dumbfuck and everything else. I tell the guy he is a bitch whiner and I'm gone. As much complaining about the govt that goes on here that is more something they would

[Spark]

We are all about to feel the consequences of electing a community organizer to run our economy..... into the ground


Nearly 50 percent leave Obama mortgage-aid program
Obama mortgage-aid effort is struggling to stem the rising number of foreclosures in US

[jcheckers]

Jose and Carlos



Jose and Carlos are both beggars. They beg in different areas of town.

Carlos begs for the same amount of time as Jose, but only collects about eight or nine dollars a day.

Every day, Jose brings home a suitcase full of ten dollar bills. He drives a Mercedes, lives in a mortgage-free house, and has lots of cash to spend.

"Hey, amigo," Carlos says to Jose, "I work just as long and hard as you do, so how come you bring home a suitcase full of ten dollar bills every day?"

Jose says, "Look at your sign, what does it say?"

Carlos' sign reads;








I have no work, a wife and
six kids to support.


"What's wrong with that?" Carlos asks him.

"No wonder you only get eight or nine dollars a day!"

Carlos says, "Alright, so what does your sign say?"

Jose's sign reads:









I only need ten dollars
to get back to
Mexico

[Jamaicanman]

A doctor from Israel says: "In Israel the medicine is so advanced that we cut-off a man´s testicles, we put it into another man and in 6 weeks he is looking for work"


The German doctor comments:"That´s nothing, in Germany we take part of the brain out from a person, we put it into another person´s head and in 4 weeks he is looking for
work"


A Russian doctor says: That's nothing either. In Russia we take out half of the heart out from a person, we put it into another person´s chest and in 2 weeks he is looking for work.


The US doctor answers immediately: That´s nothing colleagues, you are way behind us....in the USA (about a year ago) we grabbed a person with no brains, no heart and no balls....we put him as President and now....the whole country is looking for work

[ToDaClub]

Vols????

[Spark]

August 21, 2010
Disturbing Trend -- and Worse to Come

Hardship withdrawals from 401(k)'s at record high


Eileen F. Toplansky



As the economy continues to worsen under Obama's "recovery" plan, more disturbing news emerges. A record number of workers made hardship withdrawals from their 401(k) retirement plans. In fact, "the number of workers borrowing from their accounts reached a 10-year high" and reflects "the financial stress many workers" are experiencing according to Beth McHugh, Fidelity's vice president of marketing insight.


The report was made by Fidelity Investments which administers 17,000 plans and represents 11 million participants. The number of people initiating the hardship distributions has risen from 45,000 in 2009 to 62,000 in 2010. Equally alarming is that "45 percent of participants who took a hardship withdrawal a year ago, took another one this year."



These 401(k) withdrawals are a result of the increasing unemployment in the country as well as companies cutting back on "overtime or overall hours" of their workers.


401(k) plans have "a provision that allows withdrawal of money from the plan" if an individual "can demonstrate ‘heavy and immediate financial need' and there is no other resource that an individual can use to meet the need." Many employers allow hardship withdrawals only for the following reasons:

• To pay the medical expenses of the worker, his/her spouse, or dependents
• To pay costs related to the purchase of a principal residence
• To pay a maximum of 12 months worth of tuition and related educational expenses for post-secondary education for an individual, his/her spouse, or dependents
• To make payments to prevent eviction from or foreclosure on the principal residence

An employer will generally require that the employee submit a written request for a hardship withdrawal.


The disadvantages of withdrawing money from the 401(k) before it was intended include an overall reduction in the size of a person's retirement nest egg. Moreover, the funds that were withdrawn will no longer grow tax deferred. Additionally, hardship withdrawals are generally subject to federal (and possibly state) income tax in the year the money is withdrawn. A ten percent federal penalty tax may also apply if an individual is under 59 ½ years old. In addition, an individual may not be able to contribute to the 401(k) plan for six months following a hardship distribution.



The economic downturn has rippling effects in other ways as well. A survey conducted by the International Foundation of Employee Benefit Plans in May 2009 found that "the [economic] crisis has forced both defined benefit (DB) plan sponsors and defined contribution (DC) plan sponsors to make changes to their retirement coverage and plan design." The reexamination of offering pension benefits has resulted in "27 percent of DB plan sponsors [discontinuing] offering pension benefits for all or some employees and 21 percent have closed their plan to new participants."


Furthermore, there is also an impact on the employer match as DC plan sponsors "reduced or eliminated employer matches as a result of the economic situation." Sally Natchek, Senior Director of Research at the International Foundation of Employee Benefit Plans has said that "although the number of plan sponsors who have reduced or eliminated their employer match is relatively small, the number is still significant since any change tends to result in the employee lowering his or her contribution."


Thus, as companies make less profit, they decrease their overall retirement plan contributions; this, in turn, makes it less advantageous for employees to contribute to their own retirement plans. In some cases, the number of participants completely stopping plan contributions altogether has increased.



Moreover, in a study entitled 401(k) Plans in Living Color: A Study of 401(k) Savings Disparities Across Racial and Ethnic Groups ~ The Ariel/Hewitt Study found that:

African-Americans are also more likely than the study population overall to have a loan and are more than twice as likely to take a hardship withdrawal from their 401(k) plans

. Nearly two of every five African-American workers and almost a third of Hispanic workers borrowed from their retirement accounts compared to just one in five white workers. By contrast, Asian workers were the least likely to take a loan against their 401(k) plans, with less than one in five doing so. ‘These statistics are troubling because loans and withdrawals jeopardize long-term financial security to satisfy immediate needs. The impact is heightened during an economic downturn, when unemployment rises and withdrawals and loan defaults increase. We now realize this risk is magnified for African-American and Hispanic workers based on the results of our study,' said Barbara Hogg, principal at Hewitt Associates and co-leader of The Ariel/Hewitt Study.

All these factors result in a "substantial impact on employee efforts to save for retirement."


As Americans become more mired in financial hardship and worry, there is a domino effect which leads to even more stress and anxiety. The short term and long term financial effects are quite serious as people worry about layoffs coupled with a diminished ability to plan for retirement.


The irony is that saving into 401(k) was supposed to be the solution for a successful retirement for Americans and this dream is evaporating for too many.


When will Congress and the president put the brakes on an economic philosophy that is bringing misery to so many American workers?



Hat Tip: John Rolls

[jcheckers]

When will Congress and the president put the brakes on an economic philosophy that is bringing misery to so many American workers?

No shit Joe, Between the greedy polititions and greedy corporations they now think the working man should work for minimum wage or there abouts. When all of the working class is working for minimum wage, who do they think is gonna pay all the taxes and buy the goods and services the corporations supply? For those here who think it wont happen to you, I hope you are firmly salted in cause you can be downsized or outsourced in a New York Minute....
PS. Joe you got mail...

[Spark]

[PhilJr]

A friend of mine just started his own business,

manufacturing landmines that look like prayer mats.



It’s doing really well.



He says Prophets are going through the roof.

[Spark]

Little-known fact: Obama's failed stimulus program cost more than the Iraq war

By: Mark Tapscott

Editorial Page Editor

08/23/10 11:32 AM EDT


Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented spending excesses.



The meme is simple: The economy is in a shambles because of Bush's economic policies and his war in Iraq. As American Thinker's Randall Hoven points out, that's the message being peddled by lefties as diverse as former Clinton political strategist James Carville, economist Joseph Stiglitz, and The Nation's Washington editor, Christopher Hayes.


The key point in the mantra is an alleged $3 trillion cost for the war. Well, it was expensive to be sure, in both blood and treasure, but, as Hoven notes, the CBO puts the total cost at $709 billion. To put that figure in the proper context of overall spending since the war began in 2003, Hoven provides this handy CBO chart showing the portion of the annual deficit attributable to the conflict:


[IMG]file:///C:/Users/MTAPSC%7E1/AppData/Local/Temp/moz-screenshot.png[/IMG]

But there is much more to be said of this data and Hoven does an admirable job of summarizing the highlights of such an analysis:


* Obama's stimulus, passed in his first month in office, will cost more than the entire Iraq War -- more than $100 billion (15%) more.



* Just the first two years of Obama's stimulus cost more than the entire cost of the Iraq War under President Bush, or six years of that war.


* Iraq War spending accounted for just 3.2% of all federal spending while it lasted.


* Iraq War spending was not even one quarter of what we spent on Medicare in the same time frame.


* Iraq War spending was not even 15% of the total deficit spending in that time frame. The cumulative deficit, 2003-2010, would have been four-point-something trillion dollars with or without the Iraq War.


* The Iraq War accounts for less than 8% of the federal debt held by the public at the end of 2010 ($9.031 trillion).


* During Bush's Iraq years, 2003-2008, the federal government spent more on education that it did on the Iraq War. (State and local governments spent about ten times more.)



Just some handy facts to recall during coming weeks as Obama and his congressional Democratic buddies get more desperate to put the blame for their spending policies on Bush and the war in Iraq. For more from Hoven, go here.

Read more at the Washington Examiner: Little-known fact: Obama's failed stimulus program cost more than the Iraq war | Washington Examiner

[Jamaicanman]

Building Permit

I recently submitted a building permit application for a new house.
It was going to be 100 ft. tall and 400 ft. wide with 9 gun turrets at various heights and windows all over the place and a loud outside entertainment sound system. It would have had parking for 200 cars and I was going to paint it snot green with pink trim.
The City Council told me to forget about it.
So, I sent the application in again, but this time I called it a Mosque.
Work starts on Monday

[Spark]

[Jamaicanman]

The Pope and Nancy Pelosi are on the same stage in Yankee
Stadium in front of a huge crowd.

The Pope leans towards Mrs. Pelosi and said, "Do you know that
with one little wave of my hand I can make every person in
this crowd go wild with joy?

This joy will not be a momentary display,but will go deep into their
hearts and they'll forever speak of this day and rejoice!"

Pelosi replied, "I seriously doubt that. With one little wave
of your hand? Show me!"

So the Pope backhanded the Bitch--