Complacency is destroying America.

Pre-boomers still in the workforce are relieved if they still have a job.  Working or retired, we are upset with the loss of our savings but pleased to see the market improving.  We all hope taxes won’t increase, interest rates will not skyrocket, and the dollar will remain sound.  And, if we just keep our [...]

High unemployment hurts everyone.

The jobless rate reached 10.2 percent as October ended, marking the highest level of unemployment in nearly three decades.  Percentages are just statistics; the reality is there are 15.7 million men and women who want to work but cannot find a job.  Add to this the underemployed, those who are working part-time even though they [...]

Sin taxes and hidden taxes are coming your way.

The government’s spending spree and desire to immediately fix every possible social problem will result in a huge budget shortfall.  With the promise of no tax increases, except for the rich, we can expect to be hit with a host of so-called sin taxes and hidden taxes in order to pay for the federal programs.  [...]

Learn from California’s problems.

Think about the message sent by the people of California to their state representatives in a recent mid-year election.  The propositions on the ballot were financial in nature, and the citizens were angry enough with politicians to say, “Stop wasting our money, stop raising taxes, and start working on balancing the budget.”
California is one of [...]

PreBoomer Musings - Blogged