60 Minutes

Discussion in 'Current Events' started by moreluck, Oct 2, 2011.

  1. moreluck

    moreluck golden ticket member

  2. The Other Side

    The Other Side Well-Known Troll Troll

    I think the only people in america who watch andy rooney are grumpy old people without a clue.

    No one in todays generation knows who the heck he is and what he has ever done. In a couple of years, nobody will remember him.

  3. ajblakejr

    ajblakejr Age quod agis

    I am in America. I watch 60 minutes. I am know who Andy is and I do have a clue and I am not old or grumpy.

    I also know how to look at the positive side of life.

    Maybe instead of always being concerned about "The Other Side" - How about posting something positive for a change?

  4. trplnkl

    trplnkl 555

    AJ, it's ok. Some of the regular posters here recognize that post for what it really is, nothing more than a badly veiled insult directed to Moreluck.
  5. menotyou

    menotyou bella amicizia

    I love Andy Rooney!!
  6. moreluck

    moreluck golden ticket member

    I don't ever watch Andy Rooney, but from the clips I've seen, I would expect to find his picture next to the word "curmudgeon" in the dictionary.
  7. Lue C Fur

    Lue C Fur Evil member

    Andy has outed the liberal dominated media in the past for their one sided coverage...he will be missed.
  8. klein

    klein Für Meno :)

    Any admitted last night on his last appearance, he is a liberal.
  9. trplnkl

    trplnkl 555

    what a shocker!!!!!!
  10. Lue C Fur

    Lue C Fur Evil member

    So it shows his honesty that he knows how biased the MSM is and admited it.:wink2:
  11. rod

    rod retired and happy

    I watch 60 Minutes about every week and I did watch Andy. He had some great comments and he had some that were a waste of time listening to them. It was time he retired. Maybe he could send in an irrelevant Youtube video to the show once in awhile.
  12. moreluck

    moreluck golden ticket member

    Gee, if all Americans worked 'til they were 94, the S.S. fund would be in great shape!!
  13. klein

    klein Für Meno :)

    Don't worry, it's comming ! ;)
  14. brett636

    brett636 Well-Known Member

    Don't worry, it's comming ! ;)[/QUOTE]

    Andy rooney chose to work till he was 92. I'd bet he made his money years ago and could have retired much sooner than he did. Americans as a whole have the choice of retiring when they choose or when their body chooses it for them. It all depends on how they live when that choice can still be made.
  15. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    This may have been the case a few years ago but with the recession and housing bubble our choices have become more limited. I know where you are going with this---proper retirement planning affords us the choice to retire when we choose. While this is still true there are factors beyond our control that may limit our options.
  16. brett636

    brett636 Well-Known Member

    Believe me, I am not blind to the fact that there are people who just are in no position right now to save for retirement, but I'm going to guess that even in today's tough economy that number is a very small minority.

    The problem with saving for retirement is two fold as I see it. First off its very easy to focus on the here and now rather than tomorrow. Most people don't want to deal with tomorrow until it gets here, but today they see that new car they want, or are planning that vacation they are going to put on a credit card, or are about to go out to eat at an expensive restaurant when they could make a much cheaper meal at home. As Dave Ramsey says many times "live like no one else so later you can truly live like no one else" really embodies the notion that sacrifices today can mean big gains tomorrow, but few people are willing to make those sacrifices.

    The 2nd part of the issue is investing. Investing is a counter intuitive process as you have to be willing to buy when times are both good and bad and stick to an investment plan that works with your tolerance for risk. I know of quite a few people who pulled their money out of the stock market in 2008 as it was falling, and some stopped investing all together. All they did was lock in the losses they incurred during those down times hurting their longterm retirement savings. My 401k took a big hit just like everyone else's did in 2008, but I continued to invest and did not venture away from my investment strategy and it paid off. Going along with my consistent contributions and growth past 2008 I watched my 401k double in 2009 and double again in 2010. At the end of 2010 is when I went fulltime feeders, and although I am able to put significantly more money into my 401k it has just sputtered along all year only going up a little bit mostly due to increased contributions. This will position me for a lot more growth in the years to come when the markets recover, and these downturns only temper my retirement savings to better withstand future market drops due to the fact that I have already purchased so much when it was cheap.

    I believe these problems can be overcome with educating people on the importance of saving for retirement and what is required to get there. The thing to remember about living in a free market society is that some people will do better than others, as everyone's situation and outlook are different, but to say that a vast majority of the people simply cannot save for retirement is just not true. Its not that they can't, its that they don't make the choices they should be making to have a secure retirement.