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pwd72s pwd72s is online now
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Join Date: Apr 2001
Location: Linn County, Oregon
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"Smart Money" article here:

http://www.smartmoney.com/Personal-Finance/Retirement/Bear-Market-Puts-401k-Under-Microscope/?afl=myyahoo

"Bear Market Puts 401(k) Under Microscope
This year's market downturn has put 401(k)s under the microscope, prompting proposals to alter or even eliminate the company-sponsored retirement plans.

With stocks falling, Americans fretting over their dwindling savings and Democrats winning Washington, criticism of the current 401(k) system is sure to get more airtime in the coming months. House leaders have already started holding hearings, and Rep. George Miller (D., Calif.), chairman of the Education and Labor Committee, which oversees retirement issues, has called 401(k)s "a big failure in terms of providing an adequate retirement for middle class Americans."



John, I wouldn't want to take your "real money"...

Jeff? FWIW, local talk host talked to a gun shop owner here...a pallet of .223 the shop owner got in was sold out in one day...
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Last edited by pwd72s; 11-07-2008 at 12:26 PM..
Old 11-07-2008, 12:23 PM
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