Is Social Security Fully Funded?

January 26, 2012

MoveOn.org, a group allied with the “Strengthen Social Security” coalition, calls for the halt of future reforms to the Social Security program. It states that these proposed reforms are unnecessary as it deems the program to be fully-funded in Treasury bonds, although it also released a statement quoting that after 2037, the retirement system will only be able to pay out an estimated 75% in benefits as opposed to full payment of expected benefits. The faulty logic rests with the fact that the organization believes that since the system is funded with Treasury bonds, it will earn enough money to make up for the shortfall. But this isn’t exactly the case.

The arguments of the group and other like-minded factions are further weakened by explanations from the Clinton administration in 2000. The administration places the assumption of adequate funds in its place by saying that the funds aren’t backed by actual assets, but rather Treasury claims that will get financing from higher taxes or the reduction of benefits when redeemed. Any excess Social Security funds were already spent on other expenditures, and no extra money is left to buffer against future budget cuts, the administration elaborated.

The repayment system as stated by the Clinton administration bolsters the fallacy of MoveOn.org’s contentions that the funds in Social Security are wholly separate from the federal budget, necessitating that it cover its own expenses and work towards eliminating deficits without any aid from the government. While it may be safe to say that the retirement program has funds for itself for the meantime, the funding depends on the bond repayments made by the government to the Social Security trust fund; deposits that will amount to billion-dollar loans or extra taxes per year. Bond repayments through loans will cause a growing deficit that’s expected to reach over billion this year and permanent yearly deficits after 2014.

Richard Eskow of Campaign For America’s Future explains President Obama’s grand bargain which includes cuts to social security, medicare and medicaid. The Largest Online News Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com Subscribe: bit.ly FREE Movies(!): www.netflix.com Read Ana’s blog and subscribe at: www.examiner.com Read Cenk’s Blog: www.huffingtonpost.com

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Retirement Investment

January 21, 2012

What is the most scary things about retirement, knowing for sure you don’t have any idea what if there is no pension fund , health care plans sucks, and most worst is you do not have any idea how to run small business, because your brain are soaked for many years by wrong paradigm telling you what to do in this live, obedient to your superior management organizations will make your life smooth, in fact actually not that smooth, redundancy happens in times of Global Crisis, this is for real, other people who lived in 10% as the rich will not bother such issue, yet people like us living in mediocre are scared with this problems.

Ask the government? That is wrong move, government will not help, in fact they will steal your money ,if you have not heard Wiki Leaks, the whole scam government around globe are morally corrupt

Only solutions are making your own business, many I believe you have heard, it doesn’t matter if it is small caffee, gettting Starbucks Coffee Shop franchise, Multi Level Marketing etc.

The concept is early preparations, when the retrenchment come’s your on the right path, even if your business only make few hundreds dollars per month, the essential part is not  the amount, the learning curve that you have gone through.

Remember the old saying “Success is not a destination it is a journey!”

You’ll never know how long it will take to succeed; some say learning curves of a business around 2-5 years, some people around 10 years!! The facts remain, based on my offline experience this figure is true!!

Suggestions as to Old Saying, there are no help except self help. Putting the energy to start up your own business, takes amount of energy, as the analogy of an airplane to take off.

Hesitation in human being is natural reaction, especially if you don’t have those entrepreneurs’ guts!

Strong mind power is all there is, you have to fight the fear.

Another suggestion is making an online business. With this business role models, you don’t have to worry about, stocks, employee, renting an office, etc.

You only need a computer, Internet Connection, Domain, hosting service and your guts to start!

Well as for what kind of Online Business, you will have to do your own research, just use Google Search Engine, plenty out there. Or take a real world class Online Marketing, they will teach you step by step, don’t go with the ads around Internet using cheap and low trick and not giving you any education how to run a successful Online Marketing.

Best of Luck

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Elder Care: Seniors and Flu Season, Taking Care of Elderly Loved Ones and Preventing Flu

January 11, 2012

Article by Erica Ronchetti

Hear how Dr. Arlene Taylor of Palm Beach Gardens, Florida uses SilverCensus to assist in the care coordination of her patients throughout Palm Beach County. Dr. Arlene Taylor serves patients in West Palm Beach, Palm Beach Gardens, Jupiter, Royal Palm Beach, Riveria Beach and surrounding cities.


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Role of Government in Indian Economy

January 6, 2012

Article by Bharatbook

Bharatbook added a new report on ” Role of Government in Indian Economy ” which gives an overview, Demand, Supply Trends and industry analysis reports. Presently, the economy of India is one of largest economies in the world and will be ranked first by 2050 on global front. Following strong economic reforms from the socialist inspired economy of a post-independence Indian nation, the country began to develop a fast-paced economic growth, as free market principles were initiated in 1990 for international competition and foreign investment. The economy of India is as diverse as it is large, with a number of major sectors including manufacturing industries, agriculture, textiles and handicrafts, and services. Agriculture is a major component of the Indian economy, as over 66% of the Indian population earns its livelihood from this area.

However, the service sector is greatly expanding and has started to assume an increasingly important role. The fact that the Indian speaking population in India is growing by the day means that India has become a hub of outsourcing activities for some of the major economies of the world including the United Kingdom and the United States. Other areas where India is expected to make progress include manufacturing, construction of ships, pharmaceuticals, aviation, biotechnology, tourism, nanotechnology, retailing and telecommunications.

Growth rates in these sectors are expected to increase dramatically. As the free market principles were accepted role of government in Indian economy changed from being a controller to regulator. But still the role of government is relevant as government is the one which decides about the various factors controlling our economy and decides the rules and regulations keeping in mind the welfare of the public.

Therefore government after opening up of economy did not open the sectors which are still in nascent stages and needs some time to become competitive to the foreign players. Apart from this government brings new schemes to help person in personal and professional avenues. This report analyses the role of government in Indian Economy by looking into the various sectors involved in the Indian Economy and the role government has played in promoting various sectors of Indian Economy by introducing several welfare schemes.

Table of Contents :

Executive SummaryOverview of Indian EconomyAgricultureCommerce & IndustriesFinanceCommunication & ITITES and BPO ServicesTransportHealth and Family WelfareBibliography

For more information kindly visit :http://www.bharatbook.com/detail.asp?id=214683&rt=Role-of-Government-in-Indian-Economy.html

Or

Contact us at :

Bharat Book BureauTel: +91 22 27578668 / +91 22 27579438Fax: +91 22 27579131Email: info@bharatbook.comWebsite: http://www.bharatbook.com

Bharat Book Bureau, the leading market research information aggregator provides company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.


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20-somethings! Have you thought about retirement planning yet?

December 27, 2011

Article by Staff Reporter

Of course when you are in the midst of your 20s, who really thinks about retirement planning? Think back to the good times of working all day and staying out all night just to repeat the cycle. Then you begin approaching your 30s and realize your long term goals which include retiring comfortable in your 50s. Executing investing strategies at a young age allows you to put aside a low amount of money per year while growing your savings for the long term.Begin saving today

Planning for retirement is not like planning for a big party; it takes long term goal setting which can be accomplished by taking the time to write your goals and research different investment options. Do you qualify for a 401k at your job? Do you know what a Roth IRA is? You may think it is hard to start saving but in reality, putting away even .00 per month in your 20s will help get you on your way to saving for retirement. Calculate retirement savings to find out how much you will have saved in 25 years.

Where does the money go

Enjoying life in your 20s can be accomplished but on a budget versus spending every cent which you worked hard for. Simple tasks like getting into the habit of saving .00 each pay check to send to a savings account or even savings accounts which automatically pull money starts the retirement planning process without too much hassle.

How much should you save

Retirement planning in your 20s can be the last thing you want to think about. Depending on your job and living situation, your contribution to your retirement savings account can vary. Some employers will match your contribution and if your living expenses are minimal, consider contributing the maximum allowed. If you are unsure of where or how to invest, consider contacting an investment adviser to help you with your retirement planning.

Retirement planning check list:

* Send at least .00 each paycheck toward savings* Write down your long term retirement goals* Contact an investment adviser* Contribute to employer contribution retirement account


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