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Everything posted by StrangeSox
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2008 General Election Discussion Thread
StrangeSox replied to HuskyCaucasian's topic in The Filibuster
How many conservatives will use ACORN as some kind of excuse for Obama winning? -
House Democrats Contemplate Abolishing 401(k) Tax Breaks
StrangeSox replied to StrangeSox's topic in The Filibuster
QUOTE (southsider2k5 @ Oct 21, 2008 -> 11:42 AM) This isn't just coming out of no where. The fact that it is being floated right now is what is interesting. It's coming out of someone at the New School for Social Research in New York and a couple of morons in the House, not the Democratic party leadership. -
House Democrats Contemplate Abolishing 401(k) Tax Breaks
StrangeSox replied to StrangeSox's topic in The Filibuster
QUOTE (Jenks Heat @ Oct 21, 2008 -> 12:34 PM) Wow are politicans stupid. Does this mean there would be no more 401(K) and everything is then a Roth IRA type of contribution? I really wish McCain would have choosen a better running mate. This isn't Obama's plan and I really, really doubt he'd support something this dumb. There would still be 401(k)'s, there just wouldn't be any tax breaks on them, either going in or coming out. So it'd just be a glorified savings account. -
House Democrats Contemplate Abolishing 401(k) Tax Breaks
StrangeSox replied to StrangeSox's topic in The Filibuster
QUOTE (NorthSideSox72 @ Oct 21, 2008 -> 11:12 AM) I'm pinning my hopes on the thought that this idea isn't held in high regard among the Dem party higher-ups. This is just a lunatic idea from a few house reps who are hungry for more gov revenue. I hope. Then this can just die a quick death. I tend to believe that this would never be supported by the party on the whole, but it just goes to show how incredibly naive/ stupid some people in our Congress are. There's only, what, 635 of them, and we still end up with people supporting ideas that are so horrible. -
House Democrats Contemplate Abolishing 401(k) Tax Breaks
StrangeSox replied to StrangeSox's topic in The Filibuster
QUOTE (NorthSideSox72 @ Oct 21, 2008 -> 11:03 AM) No f***ing way. That is idiotic to say the least. This is call/letter to the Congressman territory. This is just disastrous on all sorts of levels. I'm not kidding when I say it turned my stomach. It simply amazes me that this person has a job in the US Congress, and will probably continue to do so. -
House Democrats Contemplate Abolishing 401(k) Tax Breaks
StrangeSox posted a topic in The Filibuster
http://www.workforce.com/section/00/article/25/83/58.php Their plan? Take even more of your money (5% annual) for a SS-like retirement program in which you have zero control. It makes me sad that people like this are in charge of making the laws for this country. -
At this point, why don't they just give everyone their own at-home printing press?
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QUOTE (The Critic @ Oct 19, 2008 -> 10:34 AM) That ridiculous Cub verdict opened the doors for every team's "reselling" operations. Horrible verdict. Completely wrong. Must have missed that one -- what was it all about?
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Don't forget credit unions. They seem to offer better rates than most regular banks.
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QUOTE (southsideirish71 @ Oct 17, 2008 -> 10:05 AM) Yeah I am so looking forward to the crazy crap that comes out of looney Pelosi and looney Reid without a veto above them. I'm sure as hell not. That's easily my biggest reservation about an Obama presidency.
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Stay classy, Soxtalk.
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I wish I had 1/100th of the investment knowledge that Buffet has. I try to follow his advice often, and got myself back into the market with my "side money" on Monday. It's not a lot right now (only $1k), but its something. My parents got themselves out of the market about 9 months ago. Not terrible timing considering where we've gone over that period, but now the problem is convincing people like to reinvest now.
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QUOTE (Balta1701 @ Oct 16, 2008 -> 01:27 PM) Traffic and the ability of people to catch you committing a very obvious felony. If there is no ID requirement, how do they catch this? Don't they just ask your name? For some reason I'm drawing a complete blank of the two times I've voted.
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2008 General Election Discussion Thread
StrangeSox replied to HuskyCaucasian's topic in The Filibuster
QUOTE (lostfan @ Oct 16, 2008 -> 01:53 PM) I don't care either, but it was a pretty dishonest ad. Yes, it was. Obama has had a few more that have stretched or distorted the truth ("100 years" was definitely taken out of context and made out to be more than it really was). I think some of McCain's ads blow anything Obama has done out of the water, though. -
QUOTE (Dick Allen @ Oct 16, 2008 -> 01:03 PM) Aparently he is a registered voter because he voted in the republican primary. There were reports he wasn't registered, but there is a misspelling of his name on his registration. But the other 2 things he appears to have confirmed. FWIW, he never claimed to be making $250k now. His concerns were if he bought the business that he currently works for. So that $250k limit Obama keeps talking about, is that $250k gross income for the business, or $250k net profit for the business? I have no idea how businesses are taxed.
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Official 2008-2009 NFL Thread
StrangeSox replied to ChiSox_Sonix's topic in Alex’s Olde Tyme Sports Pub
QUOTE (whitesoxbrian @ Oct 15, 2008 -> 03:31 PM) Sure, he's a tallish, strong WR, but he drops tons of passes. He's only had one 1000 yard season in 5 seasons, including 1 or 2 years of less then 700 yards. What has he done to prove he's good? My response to that is "Detroit Lions" -
QUOTE (Alpha Dog @ Oct 15, 2008 -> 10:10 PM) No litmus test? Then what was Obama's reasons for voting against Roberts and Alito? McCain said there was no litmus test but then implied that he would choose judges whom he agreed with; Obama sorta dodged the question but implied the same.
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McCain was winning in the first section of the debate (his comment about running against Bush was really good), but he really derailed himself when the topics came to negative campaigning and Ayers/ ACORN. His defense of the nasty comments that both his running mate and his wife have made was to rebuke Obama for questioning the patriotism of veterans at his rallies. He has yet to acknowledge Palin's remarks. People already thought McCain's campaign was more negative, so that wasn't a battle he was going to win. He couldn't just admit that sometimes the rhetoric gets ratcheted up on both sides. Nate Silver's explanation is basically what I was thinking last night: www.fivethirtyeight.com
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2008 General Election Discussion Thread
StrangeSox replied to HuskyCaucasian's topic in The Filibuster
QUOTE (bmags @ Oct 15, 2008 -> 11:03 AM) haha, the guy called Annenberg a liberal Didn't you hear that factcheck is run by ANNENBERG?! The same ANNENBERG who ran the ANNENBERG CHALLENGE that TERRORIST BILL AYERS and BARACK HUSSEIN OBAMA were a part of?! Clearly, this means ANNENBERG and anything related to it has an extreme liberal bias and is not to be trusted. :tinfoil: -
Official 2008-2009 NFL Thread
StrangeSox replied to ChiSox_Sonix's topic in Alex’s Olde Tyme Sports Pub
QUOTE (DBAHO @ Oct 15, 2008 -> 10:10 AM) I'd call Crayton a decent #3, and Austin is progressing, but Owens and Williams will be argubly the best WR combo for any team in the game. As for the CB's, I'd rather give Jenkins and Scandrick the rookies, all the playing time in the world until Newman gets healthy. They'll progress and get better, because Anthony Henry is basically done (Steve Breaston took him to school on the weekend), while Pacman I doubt will be back. And yeah I think we overpaid for Williams, but Jerry Jones is basically desperate for a superbowl. They'll be a good combo if they don't kill each other over who should get the ball 75% of the time. -
2008 General Election Discussion Thread
StrangeSox replied to HuskyCaucasian's topic in The Filibuster
QUOTE (Alpha Dog @ Oct 15, 2008 -> 09:55 AM) From that link: "McCain had no trouble fraternizing with ACORN in 2006 when their political interests coincided with his." Just shows that as usual, McCain is willing to reach across the aisle in a non partisian way and work with those on the other side for a common goal. Just shows that, as usual, McCain is willing to pander across the aisle in a non-partisan way to gain support. -
2008 General Election Discussion Thread
StrangeSox replied to HuskyCaucasian's topic in The Filibuster
In states without ID laws, how exactly would you catch and document voting fraud? -
in·sight (nst) n. 1. The capacity to discern the true nature of a situation; penetration. 2. The act or outcome of grasping the inward or hidden nature of things or of perceiving in an intuitive manner. in·cite (n-st) tr.v. in·cit·ed, in·cit·ing, in·cites To provoke and urge on: troublemakers who incite riots; inciting workers to strike. See Synonyms at provoke.
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QUOTE (NorthSideSox72 @ Oct 13, 2008 -> 11:52 AM) 55%? Wow. The general markets are down only about 30% ATM on the year, I think. I'm not 100% clear on how those rules work, with 401k vs IRA. It can be done when you change jobs, but I'm not sure if you can just move your 401k to any firm's IRA and use their funds. I'm just not sure. These options are all pretty awful. The only not-ridiculously-high-fee funds are S&P 400/500/600 index funds, which are all down big for the year. I'm guessing, based on the other replies, that there's probably not a way to funnel money from my employer-sponsored plan (which does have an 80% match) to another plan, do this without penalties and still keep matching on future contributions (which I would funnel out at a future date). I guess I'll just keep putting in the maximum match amount, hope for the best and go with an IRA/Roth for any additional money.
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I decided to check in on my 401(k) today. That was a mistake. It has dropped about 55% this year. This plan (through Principal, who has a ridiculously awful website) just flat-out sucks. We're given about 20 options. Every single one except for one (a short-term fixed income fund) is down 20%+ year-to-date. The worst part is that there's no cash, money market, CD, etc. options, so I'm forced to stick my money in one crappy fund or another and can't take it out to stash it somewhere. Oh, and as a kicker, most of the funds are high-fee funds. It makes me want to smack our HR director in the head. Is there any way for me to take money out of the 401(k) and stick it into an IRA without penalties?
