(old found draft post) Hands off my 401k

Oct 25, 2008 @ 8:35

This must have been inspired by some Obama advisers who wanted to get rid of 401ks. Their plan was to force the same contributions and give Americans something like a 2% return off it. This would have effectively decreased the wealth of Americans as more money would need to be saved for retirement (out side of the government plan) and this savings would have no tax favoured status. I haven’t heard anything about this recently though, so that is good news.




Karl Rove on Joe Biden: “I think he has an odd combination of longevity and long-windedness that passes for wisdom in Washington”


Thanks to PowerLineBlog for catching this!


…and the Bad News: Did the delay of USGOV’s TARP reversal cost McCain the Election? [On the Bailout, Part 26]

There is also bad news to go with the good news:

Treasury Secretary Henry Paulson said Wednesday that original plan to purchase distressed mortgage assets from Wall Street firms is not the best use of the $700 billion financial rescue package, and officials will now focus on direct capital injections into the struggling financial firms.

Me and other like minded people reacted angrily when the USGOV (Dems and Repubs) passed the Bailout aka TARP. I was really pissed off.

I wonder…how many fiscal conservatives chose not vote disgusted with both sides over the disgraceful bailout? Those votes would have mostly gone to McCain. That might have been enough.

This is reminiscent of Bush firing the SecDef after the election after he stating he wouldn’t…which cost the Repubs votes in 2006.

“Obama Leans Toward Asking Gates To Remain at Pentagon for a Year”

This is good news…and a good signal that Obama may not be the governing Leftist I feared he would be.

“Harmless asexual beings not worthy of a single thought of modesty”

I think I connected the dots of who in the McCain staff has been making the cowardly anti-Palin smears.

Follow my logic which began at TDAXP’s blog….

First from Newsweek:

At the GOP convention in St. Paul, Palin was completely unfazed by the boys’ club fraternity she had just joined. One night, Steve Schmidt and Mark Salter went to her hotel room to brief her. After a minute, Palin sailed into the room wearing nothing but a towel, with another on her wet hair. She told them to chat with her laconic husband, Todd. “I’ll be just a minute,” she said.

Then it occurred to me…

One more thing on Steve Schmidt and Mark Salter …how much did it suck to be them when they realized that Gov. Palin considered them harmless asexual beings not worthy of a single thought of modesty?

Then the light bulb went off:

Hey, I just think I just figured out who might be the anonymous McCain staffers that are that are trashing Gov Palin to the media.

My guess: the harmless (and now recently angry) asexual duo of Steve Schmidt and Mark Salter!

Case closed.

America hasn’t seen the last of her

It’s Obama


USA is in for some tough times. I hope it all turns out better then I think it will.

I voted around 4:30pm…

…and the line was pretty short.