A lot of the money in the stock market is really our national retirement plan, for better or worse.

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I was a stock broker once. I think there is an absolute place for market investments. But they should never be the basis of one's retirement. They should be an additional piece on top of a basic, secure, guaranteed retirement benefit.

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I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments.

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We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario.

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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

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The stock market can be down, but the stock market is not an indication of where people's spirits and enthusiam are, and where their intellectual energy is.

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We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.

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I have never for a minute felt in was my stock picking abilities. I feel that my stock picking abilities aided- I was able to pick out which are the good stocks in the good market, but I have been blessed with a great market.

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I think that stocks have been this tremendous, tremendous equalizer for people in this country. Guys who can't make a lot of money at their jobs have been able to make a lot of money in the stock market.

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If stock market experts were so expert, they would be buying stock, not selling advice.

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Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker.

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Federico Garcia Lorca

I was lucky enough to see with my own eyes the recent stock-market crash, where they lost several million dollars, a rabble of dead money that went sliding off into the sea.

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I’ll Show You Enthusiasm (Rev) 6.26.2008

There is a new karaoke machine on the market,
you carry it with you and sing wherever you are,
I begged my colleagues to give one to me
should they ever plan gifts


June warned me not to bring one to Kingsley
where we shall be moving shortly; I saw vistas
of possibilities, terrorizing all with my singing –
even worse than before

I could be a person whose retirement will be in
the interest of the state due to deterioration of
work performance, not due to her own fault;
the state will be better off without me

An official who is “burning” with too much
motivation, unable to concentrate or focus
on work – that will be me; I’m burning
already, give me the karaoke machine

I’ll show you what enthusiasm sounds like,
everybody is already afraid when they hear
my maniacal laughter, old Nic is scared when
I get up, hubby says I’m unbalanced

The karaoke machine is my key to freedom!

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Life (Salt Of Life 3) (Being Content With)

I worked for money.
I talked about money.
I played game of money.
I dreamed of money.
My life was all money,
though I had plenty.
I was not happy,
because I was greedy.

My life was successful but I was not satisfied,
so it became so dry.
Not knowing how to be content with what I had,
Always feeling my bank account was 1 million less.
One day when the stock market crashed,
I felt a severe pain in my chest,
caused by AM I which lead me to death.
For my whole life, I had been accumulating wealth,
which I couldn't take with me to the grave
With even a large sum of money, my life couldn't be saved.

'Being content with ' is exactly Salt of Life,
and a powerful treatment recipe for a greedy heart.

(AMI =acute myocardial infarct, a form of heart disease that kills)

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The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Plan.

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Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.

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Stock watching

I speculated two scripts to rise
In the stock market today.
One went up and fed my pride
And the other slid down
Giving me relief
That I hadn’t bought it.
Stock watching is interesting.
16.11.2006

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It is better to make money in the straw market than to lose it in the money market.

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My Question to Alan Greenspan and Ben Bernanke

When banks went bankrupt, to bail them out
The government gave them a cushy handout

When the rest of economy went to recession
The government tried to make a good impression

It printed trillions of fiat money
To rescue all friends of the Easter Bunny

To provide the necessary wherewithal
To spend its way out of the hole

The politicians were not aware
While they built the bridges that lead to nowhere

That money is also a finite resource
They had good intentions: for better or for worse

Inflation and taxes beyond any doubt
Caused my retirement fund wipe out

My finances were trapped, I couldn’t get any cash
When stocks and bonds have turned into trash

I was paying my mortgage & credit card debt
I spent money wisely, my expenses were capped

With banks in default, the dollar’s inflating
I still retain 5-star credit rating

Hey, Mr.Bernanke and Mr.Greenspan
Something is wrong with your genius plan

Would you, please, tell me, whose fault is that -
People are suffering and banksters are fat?

***
August 23,2009

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Everything Is Going To Be Like My Plan

Duty must be fulfilled
But everything is going to be like my plan
People could lie to me
But everything is going to be like my plan
Pray may be often
But everything is going to be like my plan
Time flies uncontrolled
But everything is going to be like my plan
Destiny may not be cooperated
But everything is going to be like my plan
Other plan may ruin mine
But everything is going to be like my plan
Body is reaching the limit
But everything is going to be like my plan
The will should be strengthened
But everything is going to be like my plan
The anxiety may be doubled
But everything is going to be like my plan
Critics never disappear
But everything is going to be like my plan
Life is unfair
But everything is going to be like my plan
The way seems lost
But everything is going to be like my plan
Regret is gnawing my sense
But everything is going to be like my plan
The goal still far away
But everything is going to be like my plan
The future end may unseen
But everything is going to be like my plan
Source may not be enough
But everything is going to be like my plan
Things always change
But everything is going to be like my plan
Problem keeps occurring
But everything is going to be like my plan
World would laugh
But everything is going to be like my plan
Failure keeps happening
But everything is going to be like my plan
Memories may not help
But everything is going to be like my plan
Luck may test me
But everything is going to be like my plan
Love may not support me
But everything is going to be like my plan
Weather wants to rebel
But everything is going to be like my plan
The form may be different
But everything is going to be like my plan
Hope could fool me
But everything is going to be like my plan

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The President has no real plan to address the fiscal challenges arising from the retirement of the baby boom generation, let alone a plan to fix Social Security.

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