RE: Social Security Funding?

RE: Social Security Funding? (Full Version)

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Real0ne -> RE: Social Security Funding? (10/17/2010 9:34:22 AM)
quote: ORIGINAL: rulemylife quote: ORIGINAL: pahunkboy 9-11 was very good for gold and silver. Wonderful. Should we see if Al-Qaeda would be willing to do it again for your benefit? please produce the sworn affidavits of first hand knowledge that allykada did in fact do the dirty deed. I have found NO evidence to support your conclusion.

Real0ne -> RE: Social Security Funding? (10/17/2010 9:46:31 AM)
quote: ORIGINAL: EternalHoH Yes, lets put SS into stocks right about now. Everyone loves a bubble, right? May as well go back in time and buy a $400,000 McMansion in 2005 while you are at it. [image]http://www.gold-eagle.com/editorials_08/images/lundeen101308d.jpg[/image] One other thing I've noticed, most 100-year charts of the DJIA that you find on various armchair investor websites are very misleading. Usually, the vertical axis is ordered exponentially, rather than linearly, which hides the steepness and distortion of the current bubble. It makes the trends look much more orderly and consistent than it actually is. Anything to sucker more and more people out of their cash I guess, take it away from people who can't use it and give it to high flying Wall Streeters to who can use it (to gamble with). people being the notorious dumb shits they are think they are making money when all they are doing is paying endless taxes. If one preforms critical analysis of the monetary system and all attached user fees this is what the dow rising is all about. Just more fraud for the baah bahh dumb sheep! Good post btw. Sorta tells the story! LOL [image]local://upfiles/59055/C85705DB91774D1D90BBD0CE4F46CAFE.gif[/image]

Real0ne -> RE: Social Security Funding? (10/17/2010 9:52:02 AM)
great fun paying income taxes on equities and commodity accounts as they adjust for inflation! LOL another nice thing is the intel gathered from all the investments so the market can be shorted to fleece the sheep that can only run on the long side of the trade in their 401's et al! :) it dont get no better than that! amshael rothschild. (how do you spell suckers?) lmao

popeye1250 -> RE: Social Security Funding? (10/17/2010 5:42:22 PM)
quote: ORIGINAL: DomKen quote: ORIGINAL: popeye1250 DomKen, there may be some truth to that but even in bear markets there are always good stocks to be had or differant positions and strategies to play. I'm looking at Sirius XM now, (SIRI) they're up smartly to $1.40 per share from .97 and I wouldn't be surprised to see them at $8-$10 a year from now due to reasons that time limits me from giving now. Research it for yourself. Want a conservative stock that could go up 40% in the next year? Try Ford. (F) it's about $13.50 now and could be up to $20 in a year. Want a dividend play? Try Frontline Tankers, (FRO) it's about $27.50 a share and pays out a 10.50% dividend! Maybe. In the short term you are certainly right. In the long term I doubt we really can grasp how bad it could get. The mutual funds have hundreds of billions (maybe trillions?) invested in the market. When that money starts having to come back out it is going to push down the whole market. Well, you're assuming that everyone will take everything out. Most people take a payout every month, the income on their investments. They may take out $4,000-$5,000 a month, or $8,000-$10,000 a month. If you take out all the principle you don't get any income.

Real0ne -> RE: Social Security Funding? (10/17/2010 5:57:34 PM)
yeh but look at inflation and its effect on the market. all soft assets (investments in negotiables) are valued by inflation. dow and inflation are hand in hand. you people do not honestly see how you are getting screwed royal?

Moonhead -> RE: Social Security Funding? (10/18/2010 5:07:34 AM)
quote: ORIGINAL: Real0ne dow and inflation are hand in hand. you people do not honestly see how you are getting screwed royal? You'd be okay with some branch of the illegitimate government having a free hand to set inflation rates without any input from American free enterprise, then?

willbeurdaddy -> RE: Social Security Funding? (10/18/2010 9:00:11 AM)
quote: ORIGINAL: DomKen quote: ORIGINAL: Hippiekinkster Actuarial Science (weird, I'm thinking of going back to school for this at 57. Do you have job already lined up or is this just an exercise in self improvement? Actuaries have been pretty much entirely replaced by software. ROFL. Fucking clueless once again. "Within the insurance industry where actuaries have traditionally worked to develop, price, and evaluate financial insurance products such as life, auto, health or homeowners insurance, actuarial positions are expected to grow between 3-9% through 2010. The fastest employment growth is expected in industries including finance and investment, banking and investment advise, software development and data processing services, health services and management and actuarial consulting. While the life insurance industry has seen a slight decline over the last decade resulting from fewer life insurance policies sold in favor of investments earning higher returns, there has been a sharp increase in annuity sales, and life companies have generally shifted their emphasis from insurance to retirement savings products. Also, the recessionary trend in the economy and stock market decline starting in 2001 has made people more aware of the return volatility of certain investments, which could potentially create an increase demand for the safety of guaranteed returns offered by certain annuity products. This need will also increase as the populations of industrialized nations age, which is likely to have a lower tolerance for risky investments." There has been virtually no change in actuarial valuation technology in the last 15 years other than transitioning from main frames to PCs. It is still perenially rated as one of, if not the best career. Job opportunities will further expand as those who entered the profession in the mid-70s in response to ERISA reach retirement age. It is the ONLY career I know where you can virtually guarantee yourself a 6 figure income in 5-7 years after graduating from college.

DomKen -> RE: Social Security Funding? (10/18/2010 10:14:46 AM)
You really are clueless. I got my math degree in 1994. That was back when there was the ongoing loss of actuaries due to the computerization of the process. Before then an insurance company had to have a large number of actuaries on staff to do all the calculations involved in generating all the actuarial data they needed. When software and computer power became sufficient to do most of the work those insurance companies drastically reduced the number of actuaries they employed. It remains a very small specialty with very limited job prospects.

DomKen -> RE: Social Security Funding? (10/18/2010 10:18:12 AM)
quote: ORIGINAL: popeye1250 quote: ORIGINAL: DomKen quote: ORIGINAL: popeye1250 DomKen, there may be some truth to that but even in bear markets there are always good stocks to be had or differant positions and strategies to play. I'm looking at Sirius XM now, (SIRI) they're up smartly to $1.40 per share from .97 and I wouldn't be surprised to see them at $8-$10 a year from now due to reasons that time limits me from giving now. Research it for yourself. Want a conservative stock that could go up 40% in the next year? Try Ford. (F) it's about $13.50 now and could be up to $20 in a year. Want a dividend play? Try Frontline Tankers, (FRO) it's about $27.50 a share and pays out a 10.50% dividend! Maybe. In the short term you are certainly right. In the long term I doubt we really can grasp how bad it could get. The mutual funds have hundreds of billions (maybe trillions?) invested in the market. When that money starts having to come back out it is going to push down the whole market. Well, you're assuming that everyone will take everything out. Most people take a payout every month, the income on their investments. They may take out $4,000-$5,000 a month, or $8,000-$10,000 a month. If you take out all the principle you don't get any income. I would expect that retirees will spend down the principal over time and that as age catches up with them inheritances will cause the liquidation of entire accounts. Overall I expect a bear market starting around 2020 and extending probably 10 or 15 years.

willbeurdaddy -> RE: Social Security Funding? (10/18/2010 11:17:39 AM)
quote: ORIGINAL: DomKen You really are clueless. I got my math degree in 1994. That was back when there was the ongoing loss of actuaries due to the computerization of the process. Before then an insurance company had to have a large number of actuaries on staff to do all the calculations involved in generating all the actuarial data they needed. When software and computer power became sufficient to do most of the work those insurance companies drastically reduced the number of actuaries they employed. It remains a very small specialty with very limited job prospects. Embarassing yourself with your lack of first hand knowledge again. I am an actuary by credentials, run high school seminars on the profession 3 months out of the year, have 4 actuaries on staff and looking to hire 2 more. The annual increase in membership of the Society of Actuaries is nearly unchanged over the last 15 years.

willbeurdaddy -> RE: Social Security Funding? (10/18/2010 11:33:00 AM)
"Employment change. Employment of actuaries is expected to increase by about 24 percent over the 2006-16 period, which is much faster than the average for all other occupations. Employment growth in the insurance industry—the largest employer of actuaries—is expected to continue at a stable pace, while more significant job growth is likely in other industries, such as health care and consulting firms. Steady demand by the insurance industry should ensure that actuarial jobs in this key industry will remain stable during the projection period. Although relatively few new jobs will be created, actuaries will continue to be needed to develop, price, and evaluate a variety of insurance products and calculate the costs of new risks. The demand for actuaries in life insurance has been growing rapidly as a result of the rise in popularity of annuities, a financial product offered primarily by life insurance companies. In addition, the risk of terrorism and natural disasters has created a large demand for actuaries in property insurance. Some new employment opportunities for actuaries should also become available in the health-care field as health-care issues and Medicare reform continue to receive attention. Increased regulation of managed health-care companies and the desire to contain health-care costs will continue to provide job opportunities for actuaries, who will also be needed to evaluate the risks associated with new medical issues, such as genetic testing and the impact of new diseases. Others in this field are involved in drafting health-care legislation. " A significant proportion of new actuaries will find employment with consulting firms. Companies that may not find it cost effective to employ their own actuaries are increasingly hiring consulting actuaries to analyze various risks. Other areas with notable growth prospects are information services and accounting services. Also, because actuarial skills are increasingly seen as useful to other industries that deal with risk, such as the airline and the banking industries, additional job openings may be created in these industries. Despite the increase in employment overall, there has been some decline in the demand for pension actuaries. This is due in large part to the decline of defined benefit plans, which required review by an actuary, in favor of investment based retirement funds, such as 401ks.

DomKen -> RE: Social Security Funding? (10/18/2010 2:46:00 PM)
Percentage increases don't mean shit. raw numbers please. BTW if you're an actuary how come you can't do simple multiplication?

willbeurdaddy -> RE: Social Security Funding? (10/18/2010 2:59:29 PM)
quote: ORIGINAL: DomKen Percentage increases don't mean shit. raw numbers please. BTW if you're an actuary how come you can't do simple multiplication? If you actually have a math degree how come you never get a single thing right? I figured you had a degree in athletic administration, since youre so adept at moving the goal posts.

DomKen -> RE: Social Security Funding? (10/18/2010 4:27:47 PM)
quote: ORIGINAL: willbeurdaddy quote: ORIGINAL: DomKen Percentage increases don't mean shit. raw numbers please. BTW if you're an actuary how come you can't do simple multiplication? If you actually have a math degree how come you never get a single thing right? I figured you had a degree in athletic administration, since youre so adept at moving the goal posts. Any time you want to actually explain how a simple conversion of two numbers from 1987 dollars to 1981 dollars can result in a change in which value is larger I'll happily return my degree. Of course you can't because such a thing is impossible. You will, of course, continue to spout BS about subjects you claim professional knowledge about and subjects you're supposed to be academically trained in as well. You clearly don't realize how obvious your falsehoods are.

willbeurdaddy -> RE: Social Security Funding? (10/18/2010 4:30:43 PM)
quote: ORIGINAL: DomKen quote: ORIGINAL: willbeurdaddy quote: ORIGINAL: DomKen Percentage increases don't mean shit. raw numbers please. BTW if you're an actuary how come you can't do simple multiplication? If you actually have a math degree how come you never get a single thing right? I figured you had a degree in athletic administration, since youre so adept at moving the goal posts. Any time you want to actually explain how a simple conversion of two numbers from 1987 dollars to 1981 dollars can result in a change in which value is larger I'll happily return my degree. Of course you can't because such a thing is impossible. You will, of course, continue to spout BS about subjects you claim professional knowledge about and subjects you're supposed to be academically trained in as well. You clearly don't realize how obvious your falsehoods are. Just because you cant comprehend projections from two different dates distorting the results dont blame me. And that wager offer still stands. Till you put up something worthwhile, STFU. Once you do, I'll happily donate the winnings to my favorite charity. Like Axelrod, you can make any asinine claims you want, but Im willing to prove it just to shut you up once and for all.

servantforuse -> RE: Social Security Funding? (10/18/2010 4:36:08 PM)
I tried to make a bet on here a week or so ago. I don't think the dems like doing that.

Real0ne -> RE: Social Security Funding? (10/18/2010 5:17:21 PM)
quote: ORIGINAL: Real0ne [image]http://www.gold-eagle.com/editorials_08/images/lundeen101308d.jpg[/image] people being the notorious dumb shits they are think they are making money when all they are doing is paying endless taxes. If one preforms critical analysis of the monetary system and all attached user fees this is what the dow rising is all about. Just more fraud for the baah bahh dumb sheep! Good post btw. Sorta tells the story! LOL [image]local://upfiles/59055/C85705DB91774D1D90BBD0CE4F46CAFE.gif[/image] quote: ORIGINAL: Moonhead quote: ORIGINAL: Real0ne dow and inflation are hand in hand. you people do not honestly see how you are getting screwed royal? You'd be okay with some branch of the illegitimate government having a free hand to set inflation rates without any input from American free enterprise, then? you mean like the privately owned federal reserve? No I am not ok with it look at those charts and tell me where you are MAKING money? It should be painful obvious that you continually go backwards as a result of close loop debt cycle and the conversion of real property in exchange for fictitious debt! Something in exchange for nothing at no risk.

DomKen -> RE: Social Security Funding? (10/18/2010 9:04:00 PM)
quote: ORIGINAL: willbeurdaddy quote: ORIGINAL: DomKen quote: ORIGINAL: willbeurdaddy quote: ORIGINAL: DomKen Percentage increases don't mean shit. raw numbers please. BTW if you're an actuary how come you can't do simple multiplication? If you actually have a math degree how come you never get a single thing right? I figured you had a degree in athletic administration, since youre so adept at moving the goal posts. Any time you want to actually explain how a simple conversion of two numbers from 1987 dollars to 1981 dollars can result in a change in which value is larger I'll happily return my degree. Of course you can't because such a thing is impossible. You will, of course, continue to spout BS about subjects you claim professional knowledge about and subjects you're supposed to be academically trained in as well. You clearly don't realize how obvious your falsehoods are. Just because you cant comprehend projections from two different dates distorting the results dont blame me. And that wager offer still stands. Till you put up something worthwhile, STFU. Once you do, I'll happily donate the winnings to my favorite charity. Like Axelrod, you can make any asinine claims you want, but Im willing to prove it just to shut you up once and for all. Try that again. Conversion from 1987 dollars to 1981 is a simple multiplication by a constant. There is no distortion of any kind. This is the third lie you've told to try and make your attempt to BS me go away and you fail again because I actually know math. You took two numbers, both in constant 1987 dollars, and claimed to convert them both to constant 1981 dollars, a simple multiplication of both values by the same constant, and you managed to somehow use 2 different constants and claim that in 1987 A > B but in 1981 A < B. Since A and B were both positive in both cases there is no possible conversion that can cause that. Anyone with the most basic of math backgrounds would instantly know that something was wrong with such a claim. that you didn't proves to me that you have no background in mathematics.

Lucylastic -> RE: Social Security Funding? (10/19/2010 4:23:24 AM)
quote: ORIGINAL: servantforuse I tried to make a bet on here a week or so ago. I don't think the dems like doing that. it couldnt be because a) smart people do not bet with anyone on the internet b) you are hardly the epitomy of being right and would be a shame to make money on someone who doesnt have a clue c) they just dont like you, trust you or anything you say?

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