Week of 10/14

[jaygee]

Oct 16, 2019 9:22:18 GMT -6 blurnette989 said:

what.the.fuck.

www.thedailybeast.com/anne-sacoolas-grieving-parents-ambushed-by-trump-who-was-hiding-spy-wife-at-the-white-house

I had to nope out of that article for mental health preservation. He’s a sociopath.

[jaygee]

That Italian President has that “I’m going to cut you out of the will if you don’t stop with this shit” look that I know so fondly from my grandparents.

[jaygee]

He’s on about Nancy handing out subpoenas like cookies again. He’s such a one note.

[jkjacq]

Oct 16, 2019 9:48:35 GMT -6 jaygee said:

He’s on about Nancy handing out subpoenas like cookies again. He’s such a one note.

I literal lol at Paul Ryan wouldn't hand out a subpoenas

Also did you catch the threat in there? 

[jaygee]

Oct 16, 2019 9:50:00 GMT -6 jkjacq said:

Oct 16, 2019 9:48:35 GMT -6 jaygee said:

He’s on about Nancy handing out subpoenas like cookies again. He’s such a one note.

I literal lol at Paul Ryan wouldn't hand out a subpoenas

Also did you catch the threat in there? 

No, I missed it in the word salad.

[jaygee]

[jkjacq]

Oct 16, 2019 9:50:51 GMT -6 jaygee said:

Oct 16, 2019 9:50:00 GMT -6 jkjacq said:

I literal lol at Paul Ryan wouldn't hand out a subpoenas

Also did you catch the threat in there? 

No, I missed it in the word salad.

it was basically that the gop was gonna take the house and make democrats pay for all this for a long long time. So they should watch themselves.

He honestly thinks he isn't going to leave office at this point. Ever

[lemondrop]

Thanks y'all. Turns out 8 months of sleep deprivation, sheer hatred of the GOP, family politics, and a new job are no match for the straw that is formatting a new iphone. Texts go to one phone, calls to another, nothing is matching up with my Mac now. Broke the fuck out of this camel's back. I am oooooooooover this shit.

And 45 is still a sociopath.

[jkjacq]

Oct 16, 2019 10:04:01 GMT -6 lemondrop said:

Thanks y'all. Turns out 8 months of sleep deprivation, sheer hatred of the GOP, family politics, and a new job are no match for the straw that is formatting a new iphone. Texts go to one phone, calls to another, nothing is matching up with my Mac now. Broke the fuck out of this camel's back. I am oooooooooover this shit.

And 45 is still a sociopath.

Fuck new phones.  

I had to go back to the store because mine wouldn't download the update it needed to transfer after 3 hours. 

[elle]

Oct 16, 2019 9:29:13 GMT -6 JukEboX said:

jaygee clearly she is a mad woman and is bringing the whole country down and .... <insert R talking points about the devil>

lemondrop sorry you had a rough night last night. Hope all is well this morning. It's a new day.

RE: the haircut. I am going to stay away from that because I spent $17 with tip for my haircut this Saturday soooooo.....

A toddler (girl's) bang trim, not haircut, just bang trim, cost me $18 with tip last month. HCOL naturally. Girl's haircuts are more expensive from the jump.

[lemondrop]

Oct 16, 2019 10:06:38 GMT -6 jkjacq said:

Oct 16, 2019 10:04:01 GMT -6 lemondrop said:

Thanks y'all. Turns out 8 months of sleep deprivation, sheer hatred of the GOP, family politics, and a new job are no match for the straw that is formatting a new iphone. Texts go to one phone, calls to another, nothing is matching up with my Mac now. Broke the fuck out of this camel's back. I am oooooooooover this shit.

And 45 is still a sociopath.

Fuck new phones.  

I had to go back to the store because mine wouldn't download the update it needed to transfer after 3 hours. 

LT for commiseration. 

Like, just, what the fuck. I almost threw the damn thing and then remembered that it costs a fucking grand and I need it to last for at least the next 30 months. 

This is also where I scream into the void that Apple is an a-hole and the last 2 phones I've owned have crapped out literally the month I paid them off. 

[greykitty]

Looks like UAW and GM have a tentative settlement after nearly five weeks. No contract details that I saw yet.

[greykitty]

Oct 16, 2019 9:54:02 GMT -6 jaygee said:

If by chance he means lots of people of modest means own stock due to 401ks and IRAs, well, yes.  If he thinks everyone in the country owns stock, well, no.  Owning stock isn't exactly the mark of the devil, is it?

BTW, and maybe unpopular - whenever I see Harris think about taxing trades within 401ks and IRAs, I get very no thank you very much.  I believe I read her stance correctly. She says Wall Street but forgets that it's lots of non-wealthy people trying to save for retirement that use those vehicles.  Even more so these days with the rise of the defined contribution type of retirement plans for many employers.  Then again, she hasn't mentioned it much lately so maybe it's off the table.  

[dc2london]

Oct 16, 2019 9:22:18 GMT -6 blurnette989 said:

what.the.fuck.

www.thedailybeast.com/anne-sacoolas-grieving-parents-ambushed-by-trump-who-was-hiding-spy-wife-at-the-white-house

I FRONT OF PHOTOGRAPHERS>

What the tapdancing hell

[jaygee]

Oct 16, 2019 10:40:25 GMT -6 greykitty said:

Oct 16, 2019 9:54:02 GMT -6 jaygee said:

If by chance he means lots of people of modest means own stock due to 401ks and IRAs, well, yes.  If he thinks everyone in the country owns stock, well, no.  Owning stock isn't exactly the mark of the devil, is it?

BTW, and maybe unpopular - whenever I see Harris think about taxing trades within 401ks and IRAs, I get very no thank you very much.  I believe I read her stance correctly. She says Wall Street but forgets that it's lots of non-wealthy people trying to save for retirement that use those vehicles.  Even more so these days with the rise of the defined contribution type of retirement plans for many employers.  Then again, she hasn't mentioned it much lately so maybe it's off the table.  

I don’t give T the benefit of the doubt about knowing what most Americans own and don’t own. He has no concept. He’s out of touch. I take his words at face value and, no, not everyone owns stock. Not everyone is benefiting from his reward the rich economy. Not by a long shot. And that’s what he’s trying to say. Stocks are up and everyone is good because everyone owns stock.

I’m not sure about that proposal from Harris because I haven’t come across that in the plans I’ve read. I’d have to learn more.

[lemondrop]

Oct 16, 2019 10:40:40 GMT -6 dc2london said:

Oct 16, 2019 9:22:18 GMT -6 blurnette989 said:

what.the.fuck.

www.thedailybeast.com/anne-sacoolas-grieving-parents-ambushed-by-trump-who-was-hiding-spy-wife-at-the-white-house

I FRONT OF PHOTOGRAPHERS>

What the tapdancing hell

He is a legitimate sociopath. He has zero empathy. Like, he really thought there would be a kiss and make up moment for the cameras so he could boast that he made it happen. 

Great negotiator. Fucking idiot. 

[lemondrop]

Oct 16, 2019 10:55:30 GMT -6 jaygee said:

Oct 16, 2019 10:40:25 GMT -6 greykitty said:

If by chance he means lots of people of modest means own stock due to 401ks and IRAs, well, yes.  If he thinks everyone in the country owns stock, well, no.  Owning stock isn't exactly the mark of the devil, is it?

BTW, and maybe unpopular - whenever I see Harris think about taxing trades within 401ks and IRAs, I get very no thank you very much.  I believe I read her stance correctly. She says Wall Street but forgets that it's lots of non-wealthy people trying to save for retirement that use those vehicles.  Even more so these days with the rise of the defined contribution type of retirement plans for many employers.  Then again, she hasn't mentioned it much lately so maybe it's off the table.  

I don’t give T the benefit of the doubt about knowing what most Americans own and don’t own. He has no concept. He’s out of touch. I take his words at face value and, no, not everyone owns stock. Not everyone is benefiting from his reward the rich economy. Not by a long shot. And that’s what he’s trying to say. Stocks are up and everyone is good because everyone owns stock.

I’m not sure about that proposal from Harris because I haven’t come across that in the plans I’ve read. I’d have to learn more.

For real, 2 days ago he said AGAIN that Americans need an ID to go grocery shopping. He has zero clue what actual people do or have. 

www.cnn.com/2019/10/14/politics/fact-check-trump-groceries-id-voter-fraud/index.html

Also only 32% of Americans have a 401k and only like 14% of businesses offer one. 

[richard]

Oct 16, 2019 9:22:18 GMT -6 blurnette989 said:

what.the.fuck.

www.thedailybeast.com/anne-sacoolas-grieving-parents-ambushed-by-trump-who-was-hiding-spy-wife-at-the-white-house

Oh my god. This is fucking enraging. Like beyond the pale, even for him.

[richard]

Also this.

[greykitty]

We really do need to enable more people of all ages to participate in retirement savings. Especially as the defined benefit pension program has gone away just about everywhere now. And, I will say - I'm now very much in favor of moving employees, especially newer hires, into defined participation programs, and keeping those vehicles advantageous to encourage saving - thus, no additional taxing if investment funds are traded to balance the holdings. Obviously taxes are paid on IRAs and 401ks in current tax law.

Actuarial tables just don't lie that much - defined benefit programs just aren't viable any longer in my opinion. I know a lot of teachers and some other union employees may disagree on this.

I have read a hefty percentage of workers, even when a 401k or other investment vehicle is a benefit, decline to participate. And I get it - at one point $25/monthly kind of hurt to put away, even after bringing lunches in myself every day, etc. That's more of a reason, in my mind, for legislation to help enable people to do that sort of longer term investment.

I think some baby steps have been made beyond IRAs or SEP-IRA type investments being offered outside of employers in some states, but more needs to be done. I agree - probably the people who would most benefit from even very small but regular retirement savings per month don't have the options those who work for larger employers have.

That said, I didn't have the context of the whole quote about stocks - I mean, he's not wrong that the market overall has been relatively strong, although I think we're going into a maturing economy (absent any major disasters) and people aren't going to see giant returns. And, yes, a lot of voters will be considering the economy when it comes to voting - heck, it was a mantra of Bill Clinton's campaign.

[jkjacq]

Lovett & Farrow are fucking adorable

www.huffpost.com/entry/ronan-farrow-jon-lovett-engaged_n_5da7088fe4b002e33e781541?utm_source=main_fb&utm_campaign=hp_fb_pages&utm_medium=facebook&ncid=fcbklnkushpmg00000063&fbclid=IwAR0pTm3op40Ez39Htjbkcka_leTReUXqKJCqg48i4bbzAyEIVfYsau-9EwQ

[fatpony]

Oct 16, 2019 11:53:45 GMT -6 greykitty said:

We really do need to enable more people of all ages to participate in retirement savings. Especially as the defined benefit pension program has gone away just about everywhere now. And, I will say - I'm now very much in favor of moving employees, especially newer hires, into defined participation programs, and keeping those vehicles advantageous to encourage saving - thus, no additional taxing if investment funds are traded to balance the holdings. Obviously taxes are paid on IRAs and 401ks in current tax law.

Actuarial tables just don't lie that much - defined benefit programs just aren't viable any longer in my opinion. I know a lot of teachers and some other union employees may disagree on this.

I have read a hefty percentage of workers, even when a 401k or other investment vehicle is a benefit, decline to participate. And I get it - at one point $25/monthly kind of hurt to put away, even after bringing lunches in myself every day, etc. That's more of a reason, in my mind, for legislation to help enable people to do that sort of longer term investment.

I think some baby steps have been made beyond IRAs or SEP-IRA type investments being offered outside of employers in some states, but more needs to be done. I agree - probably the people who would most benefit from even very small but regular retirement savings per month don't have the options those who work for larger employers have.

That said, I didn't have the context of the whole quote about stocks - I mean, he's not wrong that the market overall has been relatively strong, although I think we're going into a maturing economy (absent any major disasters) and people aren't going to see giant returns. And, yes, a lot of voters will be considering the economy when it comes to voting - heck, it was a mantra of Bill Clinton's campaign.

It's pretty difficult to pay into retirement when we can barely pay student loans + mortgage, utilities, etc etc.

#crankymillenial

[lemondrop]

Oct 16, 2019 12:55:48 GMT -6 fatpony said:

Oct 16, 2019 11:53:45 GMT -6 greykitty said:

We really do need to enable more people of all ages to participate in retirement savings. Especially as the defined benefit pension program has gone away just about everywhere now. And, I will say - I'm now very much in favor of moving employees, especially newer hires, into defined participation programs, and keeping those vehicles advantageous to encourage saving - thus, no additional taxing if investment funds are traded to balance the holdings. Obviously taxes are paid on IRAs and 401ks in current tax law.

Actuarial tables just don't lie that much - defined benefit programs just aren't viable any longer in my opinion. I know a lot of teachers and some other union employees may disagree on this.

I have read a hefty percentage of workers, even when a 401k or other investment vehicle is a benefit, decline to participate. And I get it - at one point $25/monthly kind of hurt to put away, even after bringing lunches in myself every day, etc. That's more of a reason, in my mind, for legislation to help enable people to do that sort of longer term investment.

I think some baby steps have been made beyond IRAs or SEP-IRA type investments being offered outside of employers in some states, but more needs to be done. I agree - probably the people who would most benefit from even very small but regular retirement savings per month don't have the options those who work for larger employers have.

That said, I didn't have the context of the whole quote about stocks - I mean, he's not wrong that the market overall has been relatively strong, although I think we're going into a maturing economy (absent any major disasters) and people aren't going to see giant returns. And, yes, a lot of voters will be considering the economy when it comes to voting - heck, it was a mantra of Bill Clinton's campaign.

It's pretty difficult to pay into retirement when we can barely pay student loans + mortgage, utilities, etc etc.

#crankymillenial

Yeah, I'm not worrying about 401ks and IRAs when more than half of Americans can't afford a $400 emergency. Let's focus on paying people a living wage first, the cost of skyrocketing housing, student loans, and then we can talk retirement. 

[greykitty]

Budgeting is hard for sure for most people due to the demands on their incomes - and I was fortunate to meet a CPA when I was in my 20's who showed me how $25/monthly over years of saving could be a fairly material amount.

I do wish more school curricula could focus on finance and economics....it wasn't fun paying off my student loans, for sure, and I regret I didn't have a firmer grasp of ROI at the time I enrolled. And, heck, I received a number of needs-based scholarships combined with loans and still had a hefty amount to pay off.

But let's not throw out the baby with the bathwater - if you have access to a 401k, IRA, or any savings vehicle, I really urge you (generic) to see if there's any way at all to put something in regularly.

[sheilathetank]

Oct 16, 2019 13:26:44 GMT -6 greykitty said:

Budgeting is hard for sure for most people due to the demands on their incomes - and I was fortunate to meet a CPA when I was in my 20's who showed me how $25/monthly over years of saving could be a fairly material amount.

I do wish more school curricula could focus on finance and economics....it wasn't fun paying off my student loans, for sure, and I regret I didn't have a firmer grasp of ROI at the time I enrolled. And, heck, I received a number of needs-based scholarships combined with loans and still had a hefty amount to pay off.

But let's not throw out the baby with the bathwater - if you have access to a 401k, IRA, or any savings vehicle, I really urge you (generic) to see if there's any way at all to put something in regularly.

But why, when I need a million dollars to retire, would I even bother? That's more money than most will earn in their life. If I have expenses now that need to be paid, I'm not going to worry about 25 years from now.*

*FWIW I do have a small retirement that I contribute to, but this is an argument I've heard and have expressed myself. It's seems hopeless. And when statistically, lower income populations, don't even live to see retirement ages, why would you bother?

[lemondrop]

Oct 16, 2019 13:26:44 GMT -6 greykitty said:

Budgeting is hard for sure for most people due to the demands on their incomes - and I was fortunate to meet a CPA when I was in my 20's who showed me how $25/monthly over years of saving could be a fairly material amount.

I do wish more school curricula could focus on finance and economics....it wasn't fun paying off my student loans, for sure, and I regret I didn't have a firmer grasp of ROI at the time I enrolled. And, heck, I received a number of needs-based scholarships combined with loans and still had a hefty amount to pay off.

But let's not throw out the baby with the bathwater - if you have access to a 401k, IRA, or any savings vehicle, I really urge you (generic) to see if there's any way at all to put something in regularly.

I have a lot of things I’d like to say about this but don’t have time. But this is an incredibly privileged point of view, and “just save $25 a month!” Is shortsighted when folks literally can’t afford food or a roof over their heads.

[dc2london]

It would be really nice if schools could better prepare young people as far as consumer education and math. I'd honestly accept slightly less focus on STEM to free up instructional time.

[dc2london]

Sandy Hook father awarded $450,000 after suing conspiracy theorist t.co/dfAfyFgg6A

[roloma]

Oct 16, 2019 13:44:24 GMT -6 lemondrop said:

Oct 16, 2019 13:26:44 GMT -6 greykitty said:

Budgeting is hard for sure for most people due to the demands on their incomes - and I was fortunate to meet a CPA when I was in my 20's who showed me how $25/monthly over years of saving could be a fairly material amount.

I do wish more school curricula could focus on finance and economics....it wasn't fun paying off my student loans, for sure, and I regret I didn't have a firmer grasp of ROI at the time I enrolled. And, heck, I received a number of needs-based scholarships combined with loans and still had a hefty amount to pay off.

But let's not throw out the baby with the bathwater - if you have access to a 401k, IRA, or any savings vehicle, I really urge you (generic) to see if there's any way at all to put something in regularly.

I have a lot of things I’d like to say about this but don’t have time. But this is an incredibly privileged point of view, and “just save $25 a month!” Is shortsighted when folks literally can’t afford food or a roof over their heads.

I'm here.  Listen, my H and I have great jobs and make almost double the median income level for our state.  And yet, here we are living literally paycheck to paycheck.  We each contribute to our 401k now but this was not even a remote possibility a handful of years ago.  We would not have been able to cover our bills, rent, or food if we even took $25 a month to put away.  I get so frustrated whenever people say just do this, or just do that.  It isn't broad spectrum, this is an impossibility for a large number of people and suggesting otherwise is foolish and so full of privilege.

ETA: I am going to call myself out here...I posted this angrily (thinking a lot about my previous experiences, and less about my current situation) but realize that the fact that I just posted earlier about getting a $115 haircut is full of hypocrisy and privilege.  That isn't lost on me.  We do live paycheck to paycheck, but we also afford ourselves certain luxuries, which a great number of people can't.

[byjove]

Oct 16, 2019 13:31:25 GMT -6 sheilathetank said:

Oct 16, 2019 13:26:44 GMT -6 greykitty said:

Budgeting is hard for sure for most people due to the demands on their incomes - and I was fortunate to meet a CPA when I was in my 20's who showed me how $25/monthly over years of saving could be a fairly material amount.

I do wish more school curricula could focus on finance and economics....it wasn't fun paying off my student loans, for sure, and I regret I didn't have a firmer grasp of ROI at the time I enrolled. And, heck, I received a number of needs-based scholarships combined with loans and still had a hefty amount to pay off.

But let's not throw out the baby with the bathwater - if you have access to a 401k, IRA, or any savings vehicle, I really urge you (generic) to see if there's any way at all to put something in regularly.

But why, when I need a million dollars to retire, would I even bother? That's more money than most will earn in their life. If I have expenses now that need to be paid, I'm not going to worry about 25 years from now.*

*FWIW I do have a small retirement that I contribute to, but this is an argument I've heard and have expressed myself. It's seems hopeless. And when statistically, lower income populations, don't even live to see retirement ages, why would you bother?

And then you get old and basically have to give most of that money to assisted living centers. It's a sham!