Archive for the ‘US’ Category
The Financial Crisis 2008
October 3rd, 2011 | 
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By the time you are ready to retire, you should be smart enough to know the logistics of this many people retiring at the same time made the 2008 financial crisis inevitable. The shear size of the public sector workforce retiring with their guaranteed rate of return on the back of the taxpayer along with the private sector retiree all needing to start selling investment inventory at the same time pointed to some kind of manufactured financial crisis (2008(. As far as I can tell, the inventory was Read More...
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Average Life Expectancy
The average life expectancy ranges from 31.88 (Swaziland) to 82.6 (Japan). The United States' average life expectancy is 78.3, ranking 36th in the world.
The average life expectancy has actually impacted healthcare and social security detrimentally as the following discussion explains.
Signed into law by President Franklin D. Roosevelt in 1935, the Social Security Act was one of the cleverest Congressional decisions in American history. The Act not only offered a measure of confidence to a Read More...
AARP Medicare Complete
For anyone considering AARP Medicare Complete, please consider factor in this background information into your consideration.
Well by golly gee. AARP decides, quietly I may add, they should probably get behind efforts to reform Social Security. This issue has been serious for the last ten to twenty years. Allowing younger generations to put a "small" percentage of their SS contributions into private investment accounts, accounts that would probably more than double the typical monthly SS check Read More...
How Much Tax Do I Pay
The ever-so pressing question: How much tax do I pay? My answer: not enough.
Medicare and Social Security taxes should be based on "adjusted gross income(no limit)" instead of wages with tax rate percentage based on balanced accounting i.e. taxes collected = expenses paid and tax indexed annually to maintain balance.
I initially did the proposal in 2007 and sent it by e-mail to the 100 Senators and 441 Representatives between February and April of 2008. At that time only a total of 6.2 % Read More...