Thread
:
Looking out for the wealthiest 2%
View Single Post
#
82
posted to rec.boats
Bill McKee
external usenet poster
First recorded activity by BoatBanter: Sep 2009
Posts: 1,197
Looking out for the wealthiest 2%
"bpuharic" wrote in message
...
On Sun, 18 Apr 2010 01:10:22 -0400,
wrote:
On Sat, 17 Apr 2010 22:46:39 -0400, bpuharic wrote:
americans are the hardest working people in the western world. we work
200 hours more than europeans and japanese.
Yet the Europeans save about 3 times as much as Americans
You said you were working 60 hour weeks. That is 175% of your base
salary and you didn't think you should be saving some of that?
i'm salaried. i dont overtime
and you have the density of a black hole. i've been saving in my 401K
since congress created it 30 years ago.
it's now worth what it was 10 years ago. i should have spent it on
whores and booze like john paulson did when he looted goldman sachs
for a billion
yet in your mind he's a hero because he's rich, and i'm an idiot
because i'm a hard working middle class guy
shows what moral values the right has
You were not saving in your 401K! You were buying the alternative to a
defined benefit pension. Saving is living below your means and taking part
of each weeks paycheck and putting it away for the future. Maybe the near
term future of paying for kids college, saving to buy a car without having
to finance it, or saving to have a better retirement than your 401k or
company pension will give you. Your wife being an attorney and you and
engineer and not saving at least $15-20k a year outside of your "pension" is
a sign that you are both clueless and living beyond your means. Blame
yourself, not Wall Street, or Republicans or Wingers for you being broke.
And you either need to get another job or work smarter if you work 60 hours
a week to get your job done. Or ask for a raise of the at least the amount
a 2nd engineer would make in straight salary for your company.
Reply With Quote
Bill McKee
View Public Profile
Find all posts by Bill McKee