OT: Goodbye to the American Dream

rickman <gnuarm@gmail.com> writes:

On 8/19/2015 1:09 PM, dcaster@krl.org wrote:


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.


Why would anyone with a enjoyable job want to retire at 40? And if
you do not enjoy your job, then why not find one you do enjoy.

If your job is so enjoyable, why do you take vacations?

She makes me.

--

John Devereux
 
On 8/19/2015 12:09 PM, dcaster@krl.org wrote:
Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.


Why would anyone with a enjoyable job want to retire at 40? And if you do not enjoy your job, then why not find one you do enjoy.

Dan
hmm, how many factory workers doing a repetitive chore enjoy there
job, yet do it for 30 years? I would opine that 1/2 the workers (*16% of
the population) would not work at their job if they could receive the
same income.
If they had enough money from investments, many people would retire,
then some of those would say, I'm bored, I'd rather be bored at work
than at home.
I know a 55 year old guy that has a good pension, yet he can't find
enough to do, so he drives a big yellow school bus five days a week.

In 2014 the population was 319 million, the number of people working
was 120 million. 120/319 = 31%
31% of the population pay for... well that's not true!
About 1/2 of the people working don't pay any Federal taxes. So 15% of
the population pays to support the government.
Hmm.

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On Thursday, 20 August 2015 02:06:03 UTC+10, John Larkin wrote:
On Wed, 19 Aug 2015 10:55:27 -0500, amdx <nojunk@knology.net> wrote:

On 8/18/2015 4:26 PM, Jim Thompson wrote:
On Tue, 18 Aug 2015 20:41:06 +0000 (UTC), Julian Barnes
jb9889@notformail.com> wrote:

On Mon, 17 Aug 2015 19:32:53 -0700, Jim Thompson wrote:

Goodbye to the American Dream... Thanks to Obama...

Don't just thank Obama. Thank Merkel, Cameron, Holande and all the rest
of 'em, 'cos this is happening all over the Western world. Anyone would
think collapse is being orchestrated in some way...

We'll all be EQUAL >:-}

...Jim Thompson

I thought we were all equal!
It's just that some have figured out how to use the capitalist system to
earn money.

Yeah. It's called "work."

That's one way of using the capitalist system to make some money.

The argument that a CEO is working 400 times harder, or 400 times more productively than the average employee in his organsation does lack credibility.

You wouldn't have any trouble with it because you do have delusions about your own competence - you may be good, but you aren't insanely good.

Others have figured out how to use the government system to get unearned
money.
Then some just figured out how to live paycheck to paycheck.
Others are so involved in there passion that they only care about
having enough money to let them chase their passion.

You and I won't be equal until I start drinking wine. :)
Also trade my 97 T-100 for an Audi.(not going to happen)

I like my 4WD A3. It's mechanically wonderful, brutally powerful, but
the electronics sucks.

Surely you would have fixed the electronics by now?

--
Bill Sloman, Sydney
 
On Thursday, 20 August 2015 02:03:23 UTC+10, John Larkin wrote:
On Tue, 18 Aug 2015 14:26:12 -0700, Jim Thompson
To-Email-Use-The-Envelope-Icon@On-My-Web-Site.com> wrote:

On Tue, 18 Aug 2015 20:41:06 +0000 (UTC), Julian Barnes
jb9889@notformail.com> wrote:

On Mon, 17 Aug 2015 19:32:53 -0700, Jim Thompson wrote:

Goodbye to the American Dream... Thanks to Obama...

Don't just thank Obama. Thank Merkel, Cameron, Holande and all the rest
of 'em, 'cos this is happening all over the Western world. Anyone would
think collapse is being orchestrated in some way...

We'll all be EQUAL >:-}

No. Immigration and taxation policies are crushing the US middle class
and killing poor inner-city people but making the upper class (which
includes you and me) better off, and making the super-rich even
richer. Progressives **want** more poor people around; poor people are
their power base.

It's not immigration that's crushing the US middle class, it's a series of political choices that started under Reagan and have been going on ever since.

https://en.wikipedia.org/wiki/The_Spirit_Level:_Why_More_Equal_Societies_Almost_Always_Do_Better

The US is almost uniquely bad in this respect - only Singapore is worse, and only Portugal comes close - and it has achieved this distinction there since 1970, when it's income distribution was almost respectable.

https://en.wikipedia.org/wiki/Income_inequality_in_the_United_States

Caesar Chavez told farm workers to not use birth control because it
"reduces the numerical power of the poor."

The existence of right-wing nitwits doesn't preclude the existence of left-wing nitwits.

--
Bill Sloman, Sydney
 
On Wed, 19 Aug 2015 13:05:37 -0400, rickman <gnuarm@gmail.com> wrote:

On 8/18/2015 5:16 PM, amdx wrote:
On 8/17/2015 10:00 PM, Bill Sloman wrote:
On Tuesday, 18 August 2015 12:32:58 UTC+10, Jim Thompson wrote:
Goodbye to the American Dream... Thanks to Obama...

http://www.ocregister.com/articles/new-677511-millennials-economic.html


It's silly. The silliest part is the idea that environmentalists want
to cripple the economy in order to preserve the planet.

In reality, the environmentalists want to see the economy thrive, but
in a way that doesn't cripple the planet (and the economy with it),
which involves putting a realistic cost onto dumping CO2 into the
atmosphere.

If we tried to do this overnight - which we can't - it would raise the
price of electricity.

Just a note my electric costs have went from $0.119 kWh to $0.15 kWh
during Obama.

The nerve of him raising your rates like that! It will be nice to get
someone else in office so those rates will go back down. Funny though,
my electric rates haven't gone up much at all. I guess he only raised
the rates of those he doesn't like.

Only in leftists states... but that's changing... Obama just killed
coal-fired facilities. Enjoy!

...Jim Thompson
--
| James E.Thompson | mens |
| Analog Innovations | et |
| Analog/Mixed-Signal ASIC's and Discrete Systems | manus |
| San Tan Valley, AZ 85142 Skype: skypeanalog | |
| Voice:(480)460-2350 Fax: Available upon request | Brass Rat |
| E-mail Icon at http://www.analog-innovations.com | 1962 |

I love to cook with wine. Sometimes I even put it in the food.
 
On 8/19/2015 12:05 PM, rickman wrote:
On 8/18/2015 5:16 PM, amdx wrote:
On 8/17/2015 10:00 PM, Bill Sloman wrote:
On Tuesday, 18 August 2015 12:32:58 UTC+10, Jim Thompson wrote:
Goodbye to the American Dream... Thanks to Obama...

http://www.ocregister.com/articles/new-677511-millennials-economic.html



It's silly. The silliest part is the idea that environmentalists want
to cripple the economy in order to preserve the planet.

In reality, the environmentalists want to see the economy thrive, but
in a way that doesn't cripple the planet (and the economy with it),
which involves putting a realistic cost onto dumping CO2 into the
atmosphere.

If we tried to do this overnight - which we can't - it would raise the
price of electricity.

Just a note my electric costs have went from $0.119 kWh to $0.15 kWh
during Obama.

The nerve of him raising your rates like that! It will be nice to get
someone else in office so those rates will go back down. Funny though,
my electric rates haven't gone up much at all. I guess he only raised
the rates of those he doesn't like.

"How much is "not all that much"> Where are you and what fuel produces
your electricity?

Are you unaware of what's going on in the coal industry?
And thus the price of electricity, at least until they change over to
Nat. Gas.
Do some research it is amazing all jobs lost mostly because of EPA regs,
that Obama pushed to, as he said, To necessarily bankrupt coal.

“Under my plan of a cap-and-trade system, electricity rates would
necessarily skyrocket. Even regardless of what I say about whether coal
is good or bad,” Obama said in 2008.

From the NY Times,

"Peabody Energy and Arch Coal, the nation’s two largest producers — may
just be a matter of time, based on their recent stock performance.
Peabody shares, which traded at more than $16 less than a year ago, hit
99 cents this week, and Arch shares have fallen to $1 from more than
$33, making them among the biggest losers this year in the Standard &
Poor’s 500-stock index."

Mikek




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On Wednesday, August 19, 2015 at 11:18:00 AM UTC-4, John Devereux wrote:
rickman <gnuarm@gmail.com> writes:

On 8/18/2015 12:04 AM, Paul Hovnanian P.E. wrote:
Bill Sloman wrote:

The silliest part is the idea that environmentalists want to cripple the
economy in order to preserve the planet.

But if your slice of the economy is selling RVs, 4x4 pickup trucks and bass
boats, then yes, they want to cripple it.

In reality, the environmentalists want to see the economy thrive, but in a
way that doesn't cripple the planet (and the economy with it), which
involves putting a realistic cost onto dumping CO2 into the atmosphere.

I get a real laugh out of all the greenies with their wind, solar and micro
houses (use less resources, you know). And invariably, evey one of them that
plans such a layout comes in with the marketing brochure showing the cute
little cabin sitting in the middle of 40 unoccupied acres of pristene
wilderness. With a breathtaking view.

The reality is: if you want to save resources, that micro house will be
located in a trailer park with 5 feet of space between your kitchen window
and the neighbor's carport. Better yet, on a major city arterial with a bus
line. Or more realistically, that 'micro house' will be an apartment in a
high rise block that looks like something the Soviets built.

That idealized pastoral lifestyle has a huge f*ing carbon footprint, what
with every trip to the town store being a 20 mile drive. And the wood stove.
If they loved the environment, they stay out of it.

It is pointless to try to discuss any of this, but I have to feel
sorry for people who see the idea of not depleting and polluting the
world as a waste of time and effort.

Not sure who that was directed at, but Paul is absolutely right
here. Large cities *are* the most environmentally friendly way to locate
a given population. And large apartment blocks the most "environmentally
friendly" way to house them. Ultimately the minimal ecological footprint
would be huge "arcologies".

You might find this study interesting--
http://www.theatlanticcities.com/design/2012/07/new-research-finds-urban-form-plays-little-role-sustainability/2680/
" New research published in the spring issue of the Journal of the American
Planning Association finds that - unlike today's dominant narrative of the
green city - urban form may actually have very little impact on energy use
and other measures of sustainability."


Cheers,
James Arthur
 
On Wednesday, August 19, 2015 at 1:15:23 PM UTC-4, rickman wrote:
On 8/19/2015 1:09 PM, dcaster@krl.org wrote:


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.


Why would anyone with a enjoyable job want to retire at 40? And if you do not enjoy your job, then why not find one you do enjoy.

If your job is so enjoyable, why do you take vacations?

--

Rick

I always tried to train people so they could do my job. When they were good enough , they could take my job and I could go on to something different..

My taking vacations allowed the people I was training a chance to prove they were able to take my job. Sometimes it showed my supervisor that I was a whole lot better at the job than my trainee.

Usually it worked out well. One time I tried to turn my job over to the person I was training while I stayed in the same building. My trainee told me politely but firmly to go the hell somewhere else. She said the crew would always be lookng to me for help and direction if I were close by. So I moved.
She did great.

Dan
 
On Wednesday, August 19, 2015 at 12:34:18 PM UTC-4, amdx wrote:
On 8/17/2015 9:32 PM, Jim Thompson wrote:
Goodbye to the American Dream... Thanks to Obama...

http://www.ocregister.com/articles/new-677511-millennials-economic.html

...Jim Thompson


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.

If you earn $50,000*, save 20% of your income for 20 years invest at
10%** you will have have $797,800. Not a lot to retire on, but more net
worth than 90% of the population between 18 and 65 years old.
$797,810 with a 4% withdrawal rate is $32,000. aah, keep the wife
working ;-) Note that $32K should be mostly tax free, and no FICA either.

* includes inflation adjustment.
** 60 year average stock market return

For those interested,
http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/

And the full dose.
http://www.mrmoneymustache.com/all-the-posts-since-the-beginning-of-time/
Start at the bottom.

Or, meet Mr. Money Mustache.
http://www.mrmoneymustache.com/2011/04/06/meet-mr-money-mustache/

Don't miss the Mr. Money Mustache Forum.
http://forum.mrmoneymustache.com/index.php

Hilarious. Thanks!

Cheers,
James Arthur
 
On 8/19/2015 5:10 PM, Jim Thompson wrote:
On Wed, 19 Aug 2015 13:05:37 -0400, rickman <gnuarm@gmail.com> wrote:

On 8/18/2015 5:16 PM, amdx wrote:
On 8/17/2015 10:00 PM, Bill Sloman wrote:
On Tuesday, 18 August 2015 12:32:58 UTC+10, Jim Thompson wrote:
Goodbye to the American Dream... Thanks to Obama...

http://www.ocregister.com/articles/new-677511-millennials-economic.html


It's silly. The silliest part is the idea that environmentalists want
to cripple the economy in order to preserve the planet.

In reality, the environmentalists want to see the economy thrive, but
in a way that doesn't cripple the planet (and the economy with it),
which involves putting a realistic cost onto dumping CO2 into the
atmosphere.

If we tried to do this overnight - which we can't - it would raise the
price of electricity.

Just a note my electric costs have went from $0.119 kWh to $0.15 kWh
during Obama.

The nerve of him raising your rates like that! It will be nice to get
someone else in office so those rates will go back down. Funny though,
my electric rates haven't gone up much at all. I guess he only raised
the rates of those he doesn't like.

Only in leftists states... but that's changing... Obama just killed
coal-fired facilities. Enjoy!

Oh no! Carbo Carbonicide!

--

Rick
 
On Wednesday, August 19, 2015 at 10:12:33 PM UTC-4, John Larkin wrote:
On Wed, 19 Aug 2015 11:34:09 -0500, amdx <nojunk@knology.net> wrote:

On 8/17/2015 9:32 PM, Jim Thompson wrote:
Goodbye to the American Dream... Thanks to Obama...

http://www.ocregister.com/articles/new-677511-millennials-economic.html

...Jim Thompson


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.

Why would anybody want to do that?

I did, but retired at 34. It's pretty fun. Of course, paradoxically, I
work more than ever.

Cheers,
James Arthur
 
On Wed, 19 Aug 2015 10:09:40 -0700 (PDT), "dcaster@krl.org"
<dcaster@krl.org> wrote:

Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.


Why would anyone with a enjoyable job want to retire at 40? And if you do not enjoy your job, then why not find one you do enjoy.
When you don't have to work, it makes finding enjoyable work a *lot*
easier. When you're living paycheck to paycheck, you're pretty much
forced to put up with any shit the boss want's to shovel on you.
 
On Wed, 19 Aug 2015 13:15:19 -0400, rickman <gnuarm@gmail.com> wrote:

On 8/19/2015 1:09 PM, dcaster@krl.org wrote:


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.


Why would anyone with a enjoyable job want to retire at 40? And if you do not enjoy your job, then why not find one you do enjoy.

If your job is so enjoyable, why do you take vacations?

I find that when I've had the best jobs, I've hated both Mondays AND
Fridays. It means a good balance of work and life. Vacations are the
same but more so.
 
On Wed, 19 Aug 2015 11:34:09 -0500, amdx <nojunk@knology.net> wrote:

On 8/17/2015 9:32 PM, Jim Thompson wrote:
Goodbye to the American Dream... Thanks to Obama...

http://www.ocregister.com/articles/new-677511-millennials-economic.html

...Jim Thompson


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.

Why would anybody want to do that?


--

John Larkin Highland Technology, Inc
lunatic fringe electronics

jlarkin att highlandtechnology dott com
http://www.highlandtechnology.com
 
On Wednesday, August 19, 2015 at 1:31:29 PM UTC-4, John Devereux wrote:
rickman <gnuarm@gmail.com> writes:

On 8/19/2015 1:09 PM, dcaster@krl.org wrote:


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.


Why would anyone with a enjoyable job want to retire at 40? And if
you do not enjoy your job, then why not find one you do enjoy.

If your job is so enjoyable, why do you take vacations?

She makes me.

+1
I'd be happy spending a week or two at home
puttering around.

George H.
--

John Devereux
 
On Thu, 20 Aug 2015 04:42:58 -0700 (PDT), George Herold
<gherold@teachspin.com> Gave us:

On Wednesday, August 19, 2015 at 1:31:29 PM UTC-4, John Devereux wrote:
rickman <gnuarm@gmail.com> writes:

On 8/19/2015 1:09 PM, dcaster@krl.org wrote:


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.


Why would anyone with a enjoyable job want to retire at 40? And if
you do not enjoy your job, then why not find one you do enjoy.

If your job is so enjoyable, why do you take vacations?

She makes me.

+1
I'd be happy spending a week or two at home
puttering around.

George H.

--

John Devereux

I spend most of my time fitting out the half million dollar
development lab downstairs.

Last week was an agilent spectrum analyzer/signal generator for 8GHz.

Currently looking at an ENA Network analyzer to add.
 
John Devereux wrote:
rickman <gnuarm@gmail.com> writes:

On 8/18/2015 12:04 AM, Paul Hovnanian P.E. wrote:
Bill Sloman wrote:

The silliest part is the idea that environmentalists want to cripple the
economy in order to preserve the planet.

But if your slice of the economy is selling RVs, 4x4 pickup trucks and bass
boats, then yes, they want to cripple it.

In reality, the environmentalists want to see the economy thrive, but in a
way that doesn't cripple the planet (and the economy with it), which
involves putting a realistic cost onto dumping CO2 into the atmosphere.

I get a real laugh out of all the greenies with their wind, solar and micro
houses (use less resources, you know). And invariably, evey one of them that
plans such a layout comes in with the marketing brochure showing the cute
little cabin sitting in the middle of 40 unoccupied acres of pristene
wilderness. With a breathtaking view.

The reality is: if you want to save resources, that micro house will be
located in a trailer park with 5 feet of space between your kitchen window
and the neighbor's carport. Better yet, on a major city arterial with a bus
line. Or more realistically, that 'micro house' will be an apartment in a
high rise block that looks like something the Soviets built.

That idealized pastoral lifestyle has a huge f*ing carbon footprint, what
with every trip to the town store being a 20 mile drive. And the wood stove.
If they loved the environment, they stay out of it.

It is pointless to try to discuss any of this, but I have to feel
sorry for people who see the idea of not depleting and polluting the
world as a waste of time and effort.

Not sure who that was directed at, but Paul is absolutely right
here. Large cities *are* the most environmentally friendly way to locate
a given population. And large apartment blocks the most "environmentally
friendly" way to house them. Ultimately the minimal ecological footprint
would be huge "arcologies".

Maybe. I remain unsure that anyone can actually do the math
to say.

Just the example of the wood stove ( in a "maybe we don't really know"
way ) - for any given section of tree, it'll return roughly the same
carbon whether it's burned or left to rot. It may also offset carbon
from extractive fossil fuels. So the details get complicated fast.

All this being said - large quantities of people commuting is awful for
the environment. That has a lot to do with how we subsidize and tax
land use.

--
Les Cargill
 
On 8/19/2015 9:12 PM, John Larkin wrote:
On Wed, 19 Aug 2015 11:34:09 -0500, amdx <nojunk@knology.net> wrote:

On 8/17/2015 9:32 PM, Jim Thompson wrote:
Goodbye to the American Dream... Thanks to Obama...

http://www.ocregister.com/articles/new-677511-millennials-economic.html

...Jim Thompson


Even if all that is true, it doesn't effect any individual that
wants to work hard save money, invest and retire at 40.

Why would anybody want to do that?
Lots of reasons.
Forget about yourself and engineers doing cool stuff, and look around at
all the stuff people do for a living.
Do you really think EVERYONE wants to spend 40 hrs at their job.



A roofer in Florida, ya I love carrying 60 lb bundles up at ladder at
96* with 85% humidity.
Road paver, putting down hot tar.
Cashier standing 7 hrs a day at a cash register.
Bus driver with mouthy kids.
School teacher, ya some love it, some hate it.
People that work for an asshole boss
Carpet layer
Cook at a breakfast house.
laborer
Meat packer
Oil rig worker
lumberjack
Corrections officer
Most of the dirty jobs that Mike Rowe had on his show
People do these only to get paid, not because they love it.

Lot of these things would be fun as a project, but to know you need

to do this everyday to keep your family fed and housed, many would be
happy to have enough money to do things other than work.

Also when you retire, you can work at whatever you want.


Or from another prospective
They want to travel

pursue a passion
charity work
Artistic pursuit
Write
Spend more time with their brat
hold down the hammock
Hobbies

That's why. :)

Mikek








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On Wed, 19 Aug 2015 19:45:32 -0700 (PDT), the renowned
dagmargoodboat@yahoo.com wrote:

I did, but retired at 34. It's pretty fun. Of course, paradoxically, I
work more than ever.

Cheers,
James Arthur

Pick something that's fun and you'll never work a day in your life.

Well, maybe at tax time.


--sp


--
Best regards,
Spehro Pefhany
Amazon link for AoE 3rd Edition: http://tinyurl.com/ntrpwu8
Microchip link for 2015 Masters in Phoenix: http://tinyurl.com/l7g2k48
 
On Wed, 19 Aug 2015 18:17:46 -0400, the renowned rickman
<gnuarm@gmail.com> wrote:

Oh no! Carbo Carbonicide!

--

Rick

I think killing coal is called "Anthracide".

--sp


(we already have "kayactivists" and folks out to "rappel Shell").



--
Best regards,
Spehro Pefhany
Amazon link for AoE 3rd Edition: http://tinyurl.com/ntrpwu8
Microchip link for 2015 Masters in Phoenix: http://tinyurl.com/l7g2k48
 

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