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Total Comments: 22
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Thrift Savings Plan Funds Rebounding: Are We in a New Era or Can History Tell Us Anything About Our Financial Future?
Total Comments: 22
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Article above
OPM
Thu Apr 23, 2009 11:10 AM
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Of course, even the government can't entirely waste trillions of "stimulus" dollars being thrown at the recession. Undoubtedly, there will be some "bounce," as a result. The problem is that this is akin to going on a spending spree with a credit card. It's fun while it lasts, and a good time is had by all - until the day of reckoning comes and the next billing cycle statement arrives. The "stimulus" funds represent the expenditure of massive amounts of borrowed money, the impact of which will be short-term, if not ephemeral, following which will follow the hangover represented by a national debt that has tripled. To put that in prespective, within less than a decade, we'll be paying $1 trillion annually just in interest payments. This is exquisitely timed to coincide with the implosion of the Social Security system, which will become effectively bankrupt by 2017, when incoming FICA taxes are for the first time since 1935 exceeded by Social Security benefit outlays. Ah well.
Re: Article above
DOD
Thu Apr 23, 2009 12:03 PM
Re: Article above
Fed Agency
Wed May 13, 2009 10:29 AM
Numbers
None
Fri Apr 24, 2009 7:58 AM
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The beauty of numbers is that they’ll say anything. Thirty percent increases following 40 percent losses sound good, but the numbers say you’ve still lost – plenty ! Stock valued at 100 loses 40 percent and its value falls to 60. It then gains 30 percent. Many think the value is now 90, when it is only 78 as losses and gains compound.
Government spending does not return prosperity for a simple reason – those dependent on the largesse are not expanding their purchasing. At last estimate Americans recently had $5 trillion of their private wealth evaporate. If folks are having trouble with home mortgage and tax payments, they are not buying houses, cars and big screens.
Re: Numbers
TACOM
Mon Apr 27, 2009 1:44 PM
How?
Just look at how Whirlpool traded today. Investors who use Wide Dips to buy on 10 or 20 point swings in the stock price have enjoyed a rally from $19 to nearly $50 in a few short weeks.
Unfortunately for TSP.. You can't invest in a specific stock. We stuck with index funds.... Self-Managed investment is a concept the Government would never allow but it creates wealth beyond your wildest dreams.
Re: Historical Revisionism (by Federal Employee)
VA
Fri Apr 24, 2009 9:14 AM
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"but to those who keep knocking the new President's current plan, I say, if you have something better to add or make the market and economy better then by all means share!!! If not, then wait and see, its easy to be a heckler, it takes intelligence and courage to come up with a solution.... "
Well said, Federal Employee. I wonder if maybe those who are attacking President Obama's efforts are just hoping to divide the nation. Maybe they're hoping he WILL fail. Cutting one's nose off to spite his/her face?
Re: Re: Historical Revisionism (by Federal Employee)
dod
Sat Apr 25, 2009 12:02 AM
Do you expect everybody to keep their mouths shut when they see big problems in the direction we're headed? Obviously that makes no sense at all.
Re: Re: Historical Revisionism (by Federal Employee)
Fed Agency
Wed May 13, 2009 10:34 AM
Let's get back to being able to have an open discussion without one side always throwing out accusations and name-calling. That's nothing short of a diversion tactic, used by those who fully understand that the "opposition" is speaking the truth.
Re: Re: Historical Revisionism (by Federal Employee)
DoD
Tue Jun 2, 2009 10:24 AM
Re: Re: Historical Revisionism (by Federal Employee)
USACE
Tue Jun 2, 2009 11:22 AM
Caution
TACOM
Mon Apr 27, 2009 5:21 AM
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History is meaningless. Dow 8000 is also meaningless.
It just means we went Nowhere after falling from 14000, because the DOW was 8000 on Pres. Obama's Inauguration. If anything, one can argue the Dow is down 1,000 points since January 6th. That is a very fantastic recovery to me.
The market isn't recovering or in recovery mode until at least DOW 8500. Now thanks to Swine Flu and Stress Test Flu we will drop lower this week just like last.
Breaking Even by Losing Worth
Not Offered
Wed May 6, 2009 6:53 PM
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If you pump trillions of dollars into a dying economy, forcing organizations and government agencies to spend money, by borrowing money from China and international countries.. what do you get? An inflated dollar, which causes more $ to buy the same amount, for short term buyer assurance and a false sense of security but la ong term debt we cannot pay off that awaits for the United States and others like a Gorilla in the room. Yeah! Short term win, long term heart ache. Put your money in now and when it tapers, take it and run.
Stimulus money.
BOR
Mon Sep 28, 2009 10:12 AM
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Look at it this way, There are approximately 210 million people legally in the USA (men, women, and children). If you take the 785 billion dollars that they gave to big corporations and divided it among the 210 million legal residents, then ever one of these taxpayers would get approximately $3,738.00 each to spend as needed. Now THAT would have been a stimulus package. We get the money, we spend the money, and they collect the taxes. The way it is, everyone for generations goes deeper in debit.