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More Americans Being Forced To Raid Retirement Accounts
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More Americans Being Forced To Raid Retirement Accounts

  #1 (permalink)
Quick Summary
More Americans Being Forced To Raid Retirement Accounts

Despite a stabilizing economy, 19% of Americans — including 17% of full-time workers — have been compelled to take money from their retirement savings in the last year to cover urgent financial needs, the Financial Security Index found.

More on CNBC...

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  #2 (permalink)
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These are the results of the obama times. When we were under Bush, we didn't see those unfortunately things happening, that's a fact.

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  #3 (permalink)
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MetalTrade View Post
These are the results of the obama times. When we were under Bush, we didn't see those unfortunately things happening, that's a fact.

Come on, Obama inherited a country in a mess. Any issues associated with this topic were well in the making before the man even stepped in the office.


Last edited by monpere; April 29th, 2011 at 12:42 AM.
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Honestly, I don't think facts matter as 'facts' are all a matter of perspective.

Technically, Bush didn't have this mess, well, except the last year in office, hmmmm.

I think Bush Sr. inherited a pretty shabby economy from Mr. Reagan as well, so I guess it all adds up under the Bush flag.

Bush II also inherited a pretty mess in a way with the .com bubble and other things, but boy, somehow he doubled down and walked away.

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Instead of looking at what was inherited, you should look at what has been done during their term.



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Instead of looking at what was inherited, you should look at what has been done during their term.



Mike

It is easy to be an armchair President. I think we would all agree that we expect our representatives to do more. Just like we do our football teams and soccer teams etc..

Politics is such a tricky monster.

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Big Mike View Post
Instead of looking at what was inherited, you should look at what has been done during their term.



Mike

I would agree with that statement, but nobody seems to be willing to do that with any honesty. The statement someone made about "this being the result of Obama times" is a good indication of that. I'm not going to stand up and support the man 100% because I don't think he has done that great of a job, but when you think about the difficulty of the job and the many that want to see him fail, and do whatever they have to do, so that he does fail, it almost becomes impossible to do anything.

I just wish someone would tell me what made Bush so great? What did he accomplish or achieve in his 8 years? Maybe it has nothing to do with that at all.
My personal belief is that for most people they have one or two core beliefs that it comes down to when choosing a party or a pres. It may be along the lines of how they feel about abortion, the death penalty, or some other key point. In the case of Obama it may just be that they don't like him because he is black.

D

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Instead of looking at what was inherited, you should look at what has been done during their term.



Mike

When you have an entire political party that has made the collective decision to say "No" to everything that you want to do, just for the sake of saying no, and as a technique of sabotage, and not offering any real counter proposal, then yes this is what you get. It's ridiculous with the state of things in this country, to believe keeping the status quo, and just ignore all the problems and they will all go away. We are at the point were we need bold moves, bold reforms, and bold original thoughts. The status quo, and the lackadaisical band-aids, are just going to bury us.

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monpere View Post
When you have an entire political party that has made the collective decision to say "No" to everything that you want to do, just for the sake of saying no, and as a technique of sabotage, and not offering any real counter proposal

And yet these people continue to be elected to office.

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monpere View Post
When you have an entire political party that has made the collective decision to say "No" to everything that you want to do, just for the sake of saying no, and as a technique of sabotage, and not offering any real counter proposal, then yes this is what you get. It's ridiculous with the state of things in this country, to believe keeping the status quo, and just ignore all the problems and they will all go away. We are at the point were we need bold moves, bold reforms, and bold original thoughts. The status quo, and the lackadaisical band-aids, are just going to bury us.

Don't both sides do this?? It seems as though there is always a lot of "I'll vote for your Bill, but you need to give me XYZ". Or, lets just add this unrelated clause that allows us to do AB or C."

Bold moves have been needed for a long time. Lets not turn the last two years as though its been 20. The world is a large place. The result of actions taken 5 or 10 years ago may only recently be having its affect. Its like turning an Aircraft Carrier around. You don't just put on your turn signal and make a U turn. It takes some time. The world is even larger and takes even more time for past actions to play themselves out. Its so much easier to say its the fault of the guy currently in office, isn't it.

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