Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts

Sunday, June 21, 2026

It’s a scam’: Americans express unease over SpaceX’s influence on retirement savings

“I think that the amount is absolutely ridiculous and untethered to the company’s actual value,” he said. “I think it’s abhorrent that my savings and retirement funds are tied so intricately to these tech companies, especially when they cannot be held accountable by investors.”… 

“As someone looking to retire in the next five to 10 years, I’m alarmed at big tech’s market consolidation and its impact on my savings and investments. As a human being, I’m distraught that these companies all seem to be run by people with little accountability or moral compass,” he said. “How and why do my finances have to be bound to a racist, narcissistic, baby man who does not seem to care about other human beings? Everything about this is wrong.”

https://www.theguardian.com/science/2026/jun/19/spacex-retirement-savings-elon-musk


 

Tuesday, March 3, 2026

Republican Zinke will retire

His retirement could make Montana's 1st District more competitive for Democrats in November. House Democrats had been targeting the district prior to Zinke's announcement...

 

Saturday, February 7, 2026

Nevada Republican Mark Amodei to retire - POLITICO

Just over a week ago, Amodei became the rare Republican to publicly push back against elements of the president's agenda, when he called for a "pivot" in ICE's core mission in Minnesota. He also led a DHS funding bill with explicit funding for body cameras to be worn by ICE officials and additional deescalation training for DHS officers...

https://www.politico.com/news/2026/02/06/nevada-republican-mark-amodei-retiring-00769192 


 

Friday, February 6, 2026

Tuesday, January 6, 2026

Pentagon moves to punish senator for anti-Trump video - POLITICO

He said the department has initiated proceedings to demote Kelly from a retired Navy captain to a lower rank, with a corresponding reduction in pay. The senator has 30 days to appeal the move...

https://www.politico.com/news/2026/01/05/hegseth-kelly-punish-video-00710555 


 

Saturday, October 18, 2025

US admiral to retire amid military strikes in Caribbean and tensions with Venezuela

The Rhode Island senator Jack Reed, the top Democrat on the Senate armed services committee, said Holsey's "unexpected" departure "sends an alarming signal of instability within the chain of command". 

"Any operation to intervene militarily in Venezuela – especially without congressional authorization – would be unwise and dangerous," Reed said in a statement on Thursday. "Admiral Holsey's resignation only deepens my concern that this administration is ignoring the hard-earned lessons of previous US military campaigns and the advice of our most experienced warfighters."…

https://www.theguardian.com/us-news/2025/oct/16/admiral-alvin-holsey-caribbean-venezuela


 

Thursday, June 5, 2025

The ‘big, beautiful bill’ secretly dismantles the civil service

Buried in more than 1,000 pages of legislative text is Section 90002, a provision that strikes at the heart of the professional, nonpartisan civil service. It proposes a 9.4 percent salary surcharge on newly hired federal employees who wish to retain their civil service protections, ostensibly to pay for their retirement benefits. 

Those who cannot afford this effective tax on the rights that federal employees currently enjoy would be forced into permanent at-will employment. Although they would then qualify for a lower retirement deduction of 4.4 percent, as purely at-will employees they could be fired at any time, for any reason — or for no reason at all — with no legal recourse...

https://thehill.com/opinion/congress-blog/5331433-the-big-beautiful-bill-secretly-dismantles-the-civil-service/



Sunday, January 5, 2025

National Electric Vehicle Infrastructure; thoughts on Financial Independence -- Retire Early (Phil Ferguson Show podcast Episode #512)

  • FIRE - Financial independence - retire early. discussion on this philosophy and the idea of 4% withdrawal rate from your portfolio. 
  • NEVI - National Electric Vehicle Infrastructure. More EV chargers and some math on how they make money. 
  • NightShares - Another idea based on Cherry picking data. Does it work? 
  • Sicily - Our one week vacation in this part of Italy.
Interview: 


Wednesday, August 14, 2024

GOP's attack on Americans' retirement savings just went to the next disgusting level - Raw Story

"What they're (GOP and these financial predators) saying is, the only way they can operate is by giving you advice that is not in your best interest. "If they hung that on their shingle … no one would go to that financial adviser."

Friday, April 19, 2024

Rep. Jake LaTurner joins House GOP retirement wave

LaTurner makes nearly 20 House Republican who have left or are planning to leave Congress without immediate plans to run for another office. Another five are seeking higher office…

Monday, February 12, 2024

Republican lawmaker who voted against impeaching Mayorkas to retire

Gallagher's refusal to impeach Mayorkas drew anger from his fellow Republicans, who have been looking to oust Joe Biden's homeland security secretary as a way to punish the president over his administration's handling of the US-Mexico border crisis...

Sunday, January 14, 2024

American Atheists - Sam McGrire - Duh! stock vs. bonds - SEC examination update (Phil Ferguson Show podcast)

Interview with Samantha McGuire 

Interview: 
  • “Sam is an absolute force of nature within the atheist community,” said Nick Fish, president of American Atheists. “From leading the Washington Area Secular Humanists (WASH) and organizing with allies to promote sound policymaking in Maryland, to her work with volunteers, group leaders, and other national partners, she is the perfect person to lead our field program as we invest in local groups and activism in all 50 states.” 

Investing Skeptically

  • Duh follow up. Yes, Stocks to better than bonds - in the long run.
  • SEC exam update
  • s&p 500 for 2023


Tuesday, December 5, 2023

Opinion | Nikki Haley Is Coming for Your Retirement - The New York Times

…So anyone invoking rising life expectancy as a reason to delay Social Security benefits is, in effect, saying that aging janitors must keep working (or be cast into extreme poverty) because bankers are living longer. 

How, then, should the Social Security gap be closed? The obvious answer — which happens to be favored by a majority of voters — is to raise more revenue. Remember, America collects less revenueas a percentage of G.D.P. than almost any other advanced economy. 

But Haley, of course, wants to cut income taxes...










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