You’ve heard me say it before, and I’m going to say it again: I HATE POLITICS! Oh, yeah, I rant & rave about the things going on in our Government all the time, but it’s based on CONSERVATISM, which is a philosophy, not about the Republicans or Democrats, per se. I couldn’t give a rat’s [...]
Filed under: Finance/Economy, Politics by T. Edwin Perry
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Fans of the CBS Show “The Big Bang Theory” are already familiar with the paradox of Schrodinger’s Cat. For those not familiar with it, in a nutshell, a cat is locked in a box with a radioactive atom. So long as nobody looks in the box to check on its condition, the cat can be [...]
Filed under: Finance/Economy, Politics by T. Edwin Perry
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Do you know how much you paid in taxes for 2010? Oh, sure, you probably remember how much you GOT BACK, or how much you owed when you filed your Return, but do you actually know how much you paid in taxes last year? In 1943, during World War 2, the Federal Government implemented a [...]
Filed under: Finance/Economy, Miscellaneous, Politics by T. Edwin Perry
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I have to admit that it has taken me a few days to get past the RAGE that I felt hearing President Obama’s (campaign) speech on April 13 at the George Washington University. I’m not the first to say this, but I’ll say it anyway: this was nothing but a President pandering to his base [...]
Filed under: Finance/Economy, Miscellaneous, Politics by T. Edwin Perry
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How can anyone claim to love their country when they’ve been raised to believe that it is “Fundamentally Flawed” or designed to “Profit on the Workers’ Backs?” This isn’t a rhetorical question, and I’d love for someone to explain it to me. Seriously…anyone? Anyone? Bueller?
Filed under: Finance/Economy, Politics by T. Edwin Perry
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“What’s so great about Retirement?” Think about it for a moment. If you are one of the millions who work for the weekend, living paycheck to paycheck, what do you have to look forward to with retirement? Sure, you’ll have the TIME to do all of those things you put off throughout the years, but will you have the money?
Filed under: Finance/Economy, Politics by T. Edwin Perry
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Medicare is thought by most to be “Free” Healthcare for the elderly, and, I’ll admit, I once believed that. In fact, I believed that the only cost to the individual to get Medicare Coverage was taken during the years they are working through the FICA Withholding. But, like many who believe these things, I WAS WRONG!
Filed under: Politics by T. Edwin Perry
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Every year you get a statement from the Social Security Administration, which shows how much you earned, how much you can expect to receive if you retire at 65, or at 62.5. (I dare you to do the math on that thing: It doesn’t add up!) In many ways, it’s just like the statement that you receive on your 401k Savings Program, your IRA Statement, or any other savings statement that you may receive. But what so many people don’t understand is that Social Security IS NOT a retirement savings account. IN FACT, they don’t even consider it a tax. It’s a fee, or a contribution, but not a tax. That’s why you can’t get it back when you file your annual Tax Return. It isn’t voluntary, but, no, it isn’t a tax! (That was sarcasm, just in case you missed it.)
Filed under: Finance/Economy, Politics by T. Edwin Perry
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