Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 15 of 119
Quote:I was talking about a real job, not a McJob or other ObamaJob.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by JEWELSTAITEFAN:Quote:I wasn't aware so many were refusing to participate in retirement funds, but I shouldn't be surprised.
Originally posted by 6IXSTRINGJACK:
Well... I did have a great job with a 401k and 100% company match until about a year after Obama was elected.:)
I don't even remember the last time I heard of a job without 401k.
At this point, I have to assume you're joking. I'm not going to outright accuse you of trolling.
The three or four jobs I've had since I got laid off did not offer a 401k. It's not a matter of refusing to participate.
I'd never accuse you of being an Elitist, JSF, but it must be nice to run in the circles that you run in. Even during the times in my life that I was fortunate enough to make good money and have a nice 401k plan I knew plenty of people who didn't have the option.
More than 50% of American households today make less than the federal poverty level. My guess is that less than 50% of the jobs out there offer any kind of retirement plan at all. Even if it were more, many of those people couldn't afford to participate even if it was offered. The only reason I'd be able to next year when I would be eligible for the 100% match on the first 6% of almost nothing is because I don't have a mortgage or car payment. I don't believe there are many other people in this country making near minimum that could say that.
Do Right, Be Right. :)
You were a Barista, right?
A real job would be a career job, not a temp, or part time, or minimum wage job.
I don't expect babysitters to have a 401k.
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Quote:
Originally posted by JEWELSTAITEFAN:
I was talking about a real job, not a McJob or other ObamaJob.
You were a Barista, right?
A real job would be a career job, not a temp, or part time, or minimum wage job.
I was an IBM Mainframe Production Control Analyst until 2009 when my salary went to India to pay 10 people who probably had Masters degrees and could speak at least 2 languages. My job experience at that point didn't amount to diddly since I couldn't even get my foot in the door for an interview anywhere due to my lack of a college degree. Doesn't matter that I can run circles around most people who have one, particularly if it's in the "Arts".
I was never a barista. When I wasn't rehabbing houses, I was pretty much doing shitty retail jobs ever since.
More than half of Americans have McJobs or ObamaJobs. Most of those are part time and/or close to minimum wage. For many people, those are "real jobs".
As I said... It must be nice to run in the circles you run in.
But hey... I've been hearing for years now how the unemployment rate has never been better.....
Yay.
Do Right, Be Right. :)
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Quote:The words in the link you posted state 2/3 of Americans don't put money in their 401Ks.
Originally posted by G:Quote:
Originally posted by JEWELSTAITEFAN:
apparently the number is a hot secret.Quote:No it doesn't.
Originally posted by JEWELSTAITEFAN:
Your own link indicates at least 2/3 of Americans.
2/3 of Americans.
In THEIR 401Ks.
401k accounts that they have.
Yes, the link that you posted does indicate that, because it used those words.
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Quote:I thought you had said you were some Barista type. Sorry for my recall error.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by JEWELSTAITEFAN:
I was talking about a real job, not a McJob or other ObamaJob.
You were a Barista, right?
A real job would be a career job, not a temp, or part time, or minimum wage job.
I was an IBM Mainframe Production Control Analyst until 2009 when my salary went to India to pay 10 people who probably had Masters degrees and could speak at least 2 languages. My job experience at that point didn't amount to diddly since I couldn't even get my foot in the door for an interview anywhere due to my lack of a college degree. Doesn't matter that I can run circles around most people who have one, particularly if it's in the "Arts".
I was never a barista. When I wasn't rehabbing houses, I was pretty much doing shitty retail jobs ever since.
More than half of Americans have McJobs or ObamaJobs. Most of those are part time and/or close to minimum wage. For many people, those are "real jobs".
As I said... It must be nice to run in the circles you run in.
But hey... I've been hearing for years now how the unemployment rate has never been better.....
Yay.
Do Right, Be Right. :)
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Quote:Those 10 Indians have been fired. Does that please you? There is a story from March 2016: "What’s happening at IBM (it’s dying)" The story says mainframes and midrange systems are giving way to cloud, analytics, mobile, social, and security.
Originally posted by 6IXSTRINGJACK:
I was an IBM Mainframe Production Control Analyst until 2009 when my salary went to India to pay 10 people who probably had Masters degrees and could speak at least 2 languages.
www.cringely.com/2016/03/08/whats-happening-at-ibm/
It was followed by another story that said, "In both the early 1990s and today IBM has shown it really doesn’t understand the value of its people."
www.cringely.com/2016/03/22/ginni-the-eagle-ibms-corporate-transformat
ion/
The moral? When you work for assholes, you get mistreated.
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Quote:
Originally posted by second:Quote:Those 10 Indians have been fired. Does that please you? There is a story from March 2016: "What’s happening at IBM (it’s dying)" The story says mainframes and midrange systems are giving way to cloud, analytics, mobile, social, and security.
Originally posted by 6IXSTRINGJACK:
I was an IBM Mainframe Production Control Analyst until 2009 when my salary went to India to pay 10 people who probably had Masters degrees and could speak at least 2 languages.
www.cringely.com/2016/03/08/whats-happening-at-ibm/
It was followed by another story that said, "In both the early 1990s and today IBM has shown it really doesn’t understand the value of its people."
www.cringely.com/2016/03/22/ginni-the-eagle-ibms-corporate-transformat
ion/
The moral? When you work for assholes, you get mistreated.
No they aren't.
I didn't work for IBM. I worked on IBM Mainframes for a finance company.
No... I'm not happy that they're fired anyhow. It's a shitty thing to happen to anybody. The 10 people who have my salary are living pretty good lives with that money there. If they haven't been fired yet, they will themselves be replaced by software eventually.
Do Right, Be Right. :)
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HEY! Where the hell iz my daily Dow report, goramit?!
I need to no how thin the bubble wall iz!
----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early
http://www.7532020.com
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Quote:It is in record high territory again. 24,820-24,860 range.
Originally posted by JO753:
HEY! Where the hell iz my daily Dow report, goramit?!
I need to no how thin the bubble wall iz!
m
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Quote:Yesterday, first trading day of the year, Dow closed at 24,824.
Originally posted by JEWELSTAITEFAN:
Dow closed at 24,792 on Monday. All 3 major indices hit all-time highs.
That is an increase of 5,060 since taking office. That's 25.6% or 28.1% APR.
An increase of 6,460 since Election Day. That's 35.2% or 32.7% APR.
Looks like last Thursday it closed around 24,850.
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Dow closed at 24,922 today. Another record high.
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