commented on The Looming 401K Disaster
The portfolio you choose for the 401K investment has to make sense. Overloading it in the volatile stock market has never made sense and still doesn't. It's a slow and steady return that yields without a lot of risk, not the immediate gratification some folks look for. Retirement investment would be a good and practical math class for kids. We need to take more responsibility for ourselves and pay ourselves first when the paychecks come - invest in our health, retirement, etc. The trend will continue to be toward people needing to take more responsibility for themselves, their family, their present and their future. There's some common sense to this that we could use a dose of. If you own a home, creating rentable space for revenue in retirement (and now to get the house paid off) is a good idea. It's one of the best returns on investment you can make in my experience.
Sep 20, 2012
commented on Why Did Bruce Harrell Weaken a Bill Designed to Clean Up City Elections?
I'd move the date to the day after election day of the previous year, so for instance the first legal day to fundraise for an election in November of 2013 would be November 7th of 2012. A full year of fundraising is plenty. That's 2 extra months more than Mike O'Brien's original plan and much less than the Harrell amendment.
It seems we perhaps need to revisit term limits down at City Hall and elsewhere. These folks seem galvanized in their positions and I don't see that as a good thing.