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 Faith in You...an excellent commentary from El Rushbo
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| Author | Topic: Faith in You...an excellent commentary from El Rushbo | ||
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Pro Bodybuilder 
Posts: 499 |
The tone and content of the Democratic campaign, especially over the last few weeks, tells me that there's a lot that Clinton and Gore still need to learn about us, the American people. We are an honorable and decent people, and we are generous to those who need a helping hand. We're intolerant of those who would raise their hands in hate. We are people who respect our elders. We work hard to provide for our families and to care for our kids and to look after our neighbors. We're a peace-loving, law-abiding people. We arm ourselves, not to impose our will on each other, but to defend our nation and our allies from aggression. We are a people of great character, big hearts and good souls. We wouldn't be the country we are if this were not the case. We wouldn't have survived as long as we have as the world's leading superpower if this were not the case. We are smart. We are creative. We are productive beyond the world's wildest imaginations and dreams. Our ancestors came from all corners of the earth. We are of many religions and many races and creeds, but we are all the product of a unique, distinct, American culture that was the result of all of these ancestors coming here to seek freedom and escape the imprisonment of where they lived. They brought the best of their humanity, and then contributed to the creation or establishment of a single American culture. Now, American culture is under assault. That's what multiculturalism is all about. But we will prevail in this assault by multiculturalism, because it is that distinct American culture that has made and keeps this the greatest country in the history of humanity. Our forefathers have created the most magnificent country ever known to mankind. There is opportunity for all here. Opportunity born of liberty and and a remarkable Constitution that enshrines liberty. Hundreds of thousands of our fellow citizens have given their lives so that we might carry on this great American Dream. It's who we are. This is not arguable. Yet if you listen to Al Gore and Bill Clinton, and listen to the rhetoric they're using, you wouldn't know any of this. These men are supposed to be our leaders. But where are they leading us? Abraham Lincoln was a Republican. The Republicans in the U.S. Senate are the ones responsible for passing the 1964 Civil Rights Act. Ronald Reagan extended the Voting Rights Act for an unprecedented 25 years. He signed the bill that made Martin Luther King, Jr.'s birthday a national holiday. It was Ronald Reagan who brought Colin Powell into the White House. Neither the Republicans nor George W. Bush in any way threaten the liberties of those to whom Clinton is speaking in those black churches. Yet the President of the United States seeks to ignite racial prejudice and hatred with demagoguery borrowed from the old southern segregationists, who once mentored him... ------------------     | ||
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Amateur Bodybuilder 
Posts: 111 |
I have heard that Lincoln was a independant, not a republican or a democrat. | ||
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Elite Bodybuilder 
Posts: 1172 |
WHAT ABOUT FRANKLIN DELANO ROOSEVELT? OH I GUESS YOUR ONE OF THOSE PARTY VOTERS.SAD. ------------------ HEAVEN IS THE BACKSEAT OF MY CADILLAC.
I CAME.....I SAW........I BENCHED IT....... | ||
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Elite Bodybuilder
Posts: 998 |
FDR is the one who did the most to point Amerika in the direction of Communism. The New Deal is what started this whole mess. It was necessary during the Depression, but that shit got out of hand and turned into nationalized welfare, which some families have been on for 4 generations. ------------------ | ||
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Pro Bodybuilder
Posts: 372 |
I believe he was a Republican.
quote: | ||
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Pro Bodybuilder
Posts: 499 |
Laserdude, you have heard wrong. Read a book. ------------------ | ||
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Guru 
Posts: 3751 |
If you haven't figured it out congress is the body that realy dictates what happens in the country and the congress was demacratically controlled for almost 60 years and during that time, our taxes shot through the roof, the economy faultered, both parents have to work just to live a moderate life style. The democratically controlled congress is the one who set the standard for spending money when it wasn't there, they spent, spent, spent until it finally caught up to us in the form of high prices, inflation, recession, tampering with interest rates etc. The only reason that people appear to have a better standard of living than our fathers and mothers is because of credit. How many have financed there car, tv, stereo, house, vacations, etc. Our current incomes aren't worth neary what our fathers incomes were 20 and 30 years ago. What 50,000 20 years ago would buy would take something like an income of 80,000-90,000 today. It is a sad state of affairs that the chosen retirement system for us by our government requires 15% of our income (half out of our pocket and half out of the employer's pocket, unless you are self employed, then all 15% comes out of your pocket) Which amounts to a sizeable portion. And this is done for about 40 years, to which you can't even touch till you are 67 1/2 now I believe. You will have maxed out your contribution to ss long before you retire yet they keep taking it out. The really sad thing is that when you have retired and draw ss, it amounts to about 1,000 bucks a month. Now based on an average salary of say 50,000$ a year, that is 7500 dollars a year that earns a modest interest rate at this point (what that is I don't know) take this over 40 years then it becomes 300,000 dollars. Now if you start drawing when you are 67 1/2, and live till you are 80 that is 12 1/2 years, about average maybe a little longer than the average. That equals a payout back to you of 12,500$ Which leaves the gov't 287,500 dollars not counting interest. My numbers may not be exact, but you get my point even if I double the payout to 2000$ that is only 25,000$ which leaves the gov't 275,000$ not counting interest. And this doesn't even consider the increase that is sure to come for ss taxes I ask you this what kind of investments could you make with 15% of 50,000 dollars a year for 40 years. Our gov't is using us and we our like lambs to the slaughter, stupid as shit to let them get away with it. | ||
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Amateur Bodybuilder
Posts: 109 |
Yo Chesty! The answer to your question of a lump sum of 50K with 15% interest and 40 years is done as follows. Future Value(FV)=What you want to know. n FV=$13,393,000 An annuity problem would be much more practical considering people don't usually have a lump some like 50k to invest early in their lives. ------------------ - Kwai-Chang Caine | ||
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Amateur Bodybuilder
Posts: 109 |
Sorry Chesty. N and 40 got moved. ------------------ - Kwai-Chang Caine | ||
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Guru
Posts: 3751 |
So what would 15% of 50k be over 40 years? ie, 7500$ a year saved over 40 years at say a 10% rate of return. Since we know there will be 300,000$ just in cash contribution. | ||
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Amateur Bodybuilder
Posts: 109 |
Cool. An annuity problem. Future Value of annuity(FVa)=What you want. ...........40
You will earn even more through compounding if you invest semi-annually and even more if you invest quarterly. ie, $3750 twice a year or $1875 four times a year, istead of $7500 once a year. The more often you invest the more compounding you will have, so you may consider the possibility of extracting a certain amount from every pay period for immediate investment. This way you will maximize your compounding which will give you the perception of earning a higher interest rate. ------------------ - Kwai-Chang Caine | ||
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Amateur Bodybuilder
Posts: 109 |
Like I was saying Chesty, the more often you invest the better. When you only invest annually you will merely get a return on the market interest rate. When you invest quarterly for example 10% actually performs like 10.4% It may not seem like much, but in the end your looking at a difference of more than half a million dollars. ------------------ - Kwai-Chang Caine | ||
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Moderator
Posts: 1792 |
Back up top you go. | ||
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Amateur Bodybuilder
Posts: 109 |
Hey Chesty. Did you get all of that? ------------------ - Kwai-Chang Caine |
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posted November 02, 2000 08:20 PM
