Category Archives: Congress

IRS’ 401k Early Withdrawal Penalties vs. Americans in Reality

Posted on February 23, 2013 by Jim

I have been seeing a number of media reports about a HelloWallet analysis related to individuals withdrawing funds early from 401k and defined contribution pension plans. The theme in this reporting is that these programs have failed as vehicles for … Continue reading →

Posted in Congress | Tagged 401k, IRS, pensions, retirement, savings, tax reform | 3 Comments

Raising the Debt Ceiling, a False Controversy

Posted on February 20, 2013 by Jim

In January 2013, our Congress voted to temporarily suspend the federal debt ceiling [HR 325]. This political grandstanding was designed to stick President Obama with the tar baby of our federal debt and distract Americans from that fact that Congress … Continue reading →

Posted in Congress, Political Discussions | Tagged appropriations, Balanced Budget Act, Barack Obama, debt, debt ceiling, deficit hawk, deficit reduction, deficits, Frank Wolf, John Boehner, Mo Brooks | Leave a comment

Solve Social Security Underfunding – End Retirement

Posted on February 19, 2013 by Jim

Is Social Security in financial trouble? Politicians and pundits evade, dissemble, and argue around the problem. Instead of me just being another average citizen pointing out that the Emperor has no clothes, what do the Social Security Trustees have to … Continue reading →

Posted in Congress | Tagged Baby boomers, Echo boomers, entitlement reform, GenX, payroll taxes, Social Security, Social Security Trust Fund, tax reform | 1 Comment

George Washington’s First State of the Union Address

Posted on February 12, 2013 by Jim

As an antidote to President Obama’s State of the Union Address, consider the first one given by President George Washington… Fellow Citizens of the Senate and House of Representatives: I embrace with great satisfaction the opportunity which now presents itself … Continue reading →

Posted in Congress, Political Discussions, President | Tagged Barack Obama, George Washington, state of the union | 1 Comment

My State of the Union Address

Posted on February 11, 2013 by Jim

With President Obama about to deliver another State of the Union address, I offer a three year old correction to the legislative priorities of our President and Congress. Unlike President Obama’s long long long boring and uninspired utterances, this superior … Continue reading →

Posted in Congress, Political Discussions, President | Tagged Barack Obama, civil rights, civil society, entitlement reform, payroll taxes, Social Security, state of the union, tax reform | Leave a comment

Category Archives: Congress

IRS’ 401k Early Withdrawal Penalties vs. Americans in Reality

Raising the Debt Ceiling, a False Controversy

George Washington’s First State of the Union Address

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