dkomo wrote:
mvillanu@gmail.com wrote:
dkomo wrote:
maff wrote:
Liberal Bible-Thumping
http://www.nytimes.com/2005/05/15/opinion/15kristof.html
http://forums.delphiforums.com/atheistrefuge/messages?msg=1786.8295
By NICHOLAS D. KRISTOF
Liberals can confront conservative Christians on their own terms.
The Retirement You Weren't Banking On
http://www.washingtonpost.com/wp-dyn/content/article/2005/05/14/AR2005051400073.html
http://forums.delphiforums.com/atheistrefuge/messages?msg=1791.6309
By Katherine V.W. Stone, Page B02
Even if you don't work for an airline, last week's ruling by
federal
bankruptcy judge Eugene Wedoff -- permitting United Airlines to
default
on its pension plans, which cover more than 130,000 people --
should
send shivers up your spine.
LOL. The global economy has been sending shivers up the spines of
Americans for more than a decade at least. Probably since the 1990
recession when millions of professionals and middle managers
discovered
that the concept of job security was obsolete.
Those who educate themselves and stay ahead of the competition will
prosper. Those who don't will be out of a job.
Oversimplification. Many educated professionals often find
themselves
without a job. How is a $100,000 a year software engineer going to
compete with his equally skilled counterpart in Bangalore who makes
only
$10,000 a year?
There's one further problem with dog-eat-dog, Darwinian, laissez
faire
capitalism: it invariably produces Pareto distributions of wealth and
income. Thus you end up with a society that has a small number of
extremely wealthy people and a huge number of people who are barely
making it. Sort of like, mmmm..., the U.S. is today with its dying
middle class.
Wealth spawns corruption
http://groups-beta.google.com/group/alt.fan.noam-chomsky/msg/90bfe9cdd42eb20e
Philip Ball
http://groups-beta.google.com/group/alt.atheism/msg/7fd30074c4cf3d57
Pareto OR "Vilfredo Pareto"
http://www.google.com/search?q=Pareto+OR+%22Vilfredo+Pareto%22&num=100&hl=en&lr=&tab=nw&ie=UTF-8&sa=N
http://www.google.com/search?q=Pareto+OR+%22Vilfredo+Pareto%22&btnG=Search+Directory&hl=en&cat=gwd%2FTop
http://groups-beta.google.com/groups?q=Pareto%20OR%20%22Vilfredo%20Pareto%22&num=100&hl=en&lr=&safe=off&sa=N&scoring=d&tab=wg
http://news.google.com/news?q=Pareto%20OR%20%22Vilfredo%20Pareto%22&num=100&hl=en&lr=&safe=off&sa=N&tab=gn
And one has to be really stupid and/or naive to rely on their job
to
support them in their later years. Make timely and sensible
investments now and rely on that to keep you going when you're
retired.
View your 401K and pension as a backup.
Later years? You mean once you're past the age of 40? If you find
yourself umemployed at this age, you better be ready to retire
because
few organizations are going to hire you no matter what your
qualifications. You're too expensive relative to the hot shot dudes
coming out of college, and besides, you're a potentially serious
health
care risk who could be financially ruinous for a health care plan.
--dkomo@cris.com
.
