What happened to all of the doom and gloom economic threads?

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Your family is probably losing $155K from 401(k) plan, and why new rules won't help.
A two-income American family with an average income that dutifully invests in a 401(k) plan using typical strategies will lose $155,000 – or about 30 percent of what they should have saved for retirement -- to Wall Street fees, according to a study by an economic justice advocacy organization.

The Demos study, released last month, is just the latest in a long string of research showing 401(k) plans are a better deal for Wall Street than for you.

http://redtape.msnbc.msn.com/_news/...om-401k-plan-and-why-new-rules-wont-help?lite
 
Expect to see Dow 11,000 before Dow 14,000

MarketWatch from DowJones
Last Update: 4:50 AM ET May 21, 2012
The job of a technical analyst isn't to forecast the future but to estimate the relative power of bulls and bears and trade on the side of the dominant group...



They're never held to account for this irresponsible crap and their wild prognostications.


They can scare people half to death and they can whip 'em up into a speculative frenzy with no need to worry about consequences.


Do you know why?


They're journalists. They can say almost anything— short of libel— and get away with it.


 



They're never held to account for this irresponsible crap and their wild prognostications.


They can scare people half to death and they can whip 'em up into a speculative frenzy with no need to worry about consequences.


Do you know why?


They're journalists. They can say almost anything— short of libel— and get away with it.



Turn the TV off. Put the newspaper down. Take a little control.
 
Your family is probably losing $155K from 401(k) plan, and why new rules won't help.
A two-income American family with an average income that dutifully invests in a 401(k) plan using typical strategies will lose $155,000 – or about 30 percent of what they should have saved for retirement -- to Wall Street fees, according to a study by an economic justice advocacy organization.

The Demos study, released last month, is just the latest in a long string of research showing 401(k) plans are a better deal for Wall Street than for you.

http://redtape.msnbc.msn.com/_news/...om-401k-plan-and-why-new-rules-wont-help?lite

Sounds about right. I'm curious why you'd point this out though.
 
Resolved, that we live in a post constitutional society.

Keep in mind folks, the Vettebigot traditionally substitutes "Constitutional" for "stuff I like" and "Unconstitutional" for "stuff I don't like". Now he adds "Post Constitutional" for "stuff I don't like but the Supreme Court says is Constitutional".

It's been a bad week at the Vettebigot trailer park.
 
*snicker*



Watching these guys work themselves into a lather over the good news just so makes my day knowing that as per usual, the rinse cycle will be more of a cold shower. Anyone who thinks that Europe is saved because the hands-out put a gun to the head of the producing countries and said, if you don't transfer handouts (wealth) to us, we're going to commit suicide and take you with us is probably totally delusional in a purely partisan way.
 
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