A real an opportunity to lead. Here at The SOB Report, we spend a fair amount of time and digital “ink” excoriating our elected officials for, as some of them have described it, “stealing our retirement dollars.” Here’s the thing… We KNOW that not all of these elected officials are willing thieves. [...]Read More
Recently there has been a message floating around cyberspace encouraging voters to sign a petition demanding a, quote, “Congressional Reform Act.” The message is purportedly from Warren Buffett. It’s not, but that hasn’t stopped people from saying so. Here is a portion of the text applicable to our cause: Congressional Reform Act of 2012 1. [...]Read More
Could YOU live on Social Security? Is the proverbial “fixed income” retired folks subsist on honestly a living wage? This is a question EVERY working American should be asking. As the cost of living climbs and inflation increases it’s getting harder and harder just to get by for WORKING Americans. What about those folks who [...]
With all the (largely manufactured) panic about the fiscal cliff—we all know Congress will act at the last moment, passing a “compromise” that helps no one—one of the facts that has been largely missing from the narrative is that the deficit is actually much worse than Congress will ever admit. At least 2.7 TRILLION dollars [...]Read More
There sure is a lot of talk about Social Security. How to fund it? How to protect it? Whether to replace it…but we won’t get the right answers as long as we keep asking the wrong questions.