[jonasdatum]

Originally Posted by poochee

Making less than dad did Interesting study
Report reveals that American men in their 30s earn less than their fathers did, as family income growth decelerates.
By David Ellis, CNNMoney.com staff writer
May 25 2007: 6:52 PM EDT

NEW YORK (CNNMoney.com) -- American men in their 30s are earning less than their father's generation did, challenging a long-held belief that each generation will be better off than the one that preceded it, according to a new study published Friday.

The report, the first in an ongoing 18-month study on economic mobility in the United States, also revealed that the income growth of the median American household is declining.

The study was produced by a handful of politically diverse think tanks including the Pew Charitable Trusts, the American Enterprise Institute, the Brookings Institute, the Heritage Foundation and the Urban Institute. It looked at income levels of American men in their 30s, which can be a good indicator of lifetime income.

Excerpt from: http://money.cnn.com/2007/05/25/pf/m...tudy/index.htm

Hudson Institute Panel on Corporations in America
The Hudson Institute hosts a panel discussion on proposed changes to the rules of corporate governance and to antitrust laws. Irwin Stelzer, Hudson Institute-Center for Economic Policy Studies, Directore presented his new book, "Coping with Market Power in the Modern Era," on the role of the corporation in America and the relationship of our antitrust laws to our attitudes towards the corporation.
5/21/2007: WASHINGTON, DC: 1 hr. 39 min.

I am determined to make sure that I am better off than my parent(s) financially! I will not be poorer, but I've read and listen similar arguments. You must push your young ones and tell them that they must fight harder and smarter!

[poochee]

Originally Posted by jonasdatum

Hudson Institute Panel on Corporations in America
The Hudson Institute hosts a panel discussion on proposed changes to the rules of corporate governance and to antitrust laws. Irwin Stelzer, Hudson Institute-Center for Economic Policy Studies, Directore presented his new book, "Coping with Market Power in the Modern Era," on the role of the corporation in America and the relationship of our antitrust laws to our attitudes towards the corporation.
5/21/2007: WASHINGTON, DC: 1 hr. 39 min.

I am determined to make sure that I am better off than my parent(s) financially! I will not be poorer, but I've read and listen similar arguments. You must push your young ones and tell them that they must fight harder and smarter!

I agree.

[jonasdatum]

Keith Epstein Busineweek Correspondent
Discusses his recent special report "The Poverty Business" which examines businesses that offer low-income consumers credit at high rates.
5/29/2007: WASHINGTON, DC: 30 min.
rtsp://video.c-span.org/15days/wj052907_epstein.rm

[jonasdatum]

www.c-span.org

Sheila Bair, Federal Deposit Insurance Corporation, Chairman
Sheila Bair, Federal Deposit Insurance Corporation, Chairman, discusses the federal government’s role in oversight of the subprime mortgage market.
6/2/2007: WASHINGTON, DC: 43 min.

Alliance for Health Reform Panel Discussion on State Healtcare
At the National Press Club, the Alliance for Health Reform hosts a panel to discuss "State Health Coverage Expansions." Speakers include: Enrique Martinez-Vidal, Robert Wood Found., Acting Dir. of State Coverage Initiative; Joy Johnson Wood, Nat'l Conference of State Legislatures, Health Policy Dir.; and others.
5/30/2007: WASHINGTON, DC: 1 hr. 15 min.

National Press Club Luncheon Address On the State of American Housing
Alphonso Jackson, Secretary of U.S. Dept. of Housing and Urban Development discusses the topic "The State of American Housing." Jackson discusses his vision for housing as well as the challenges the nation faces in such areas as predatory lending, housing discrimination, corrections in the housing market, and the need to rebuild the Gulf Coast that was ravished by Hurricanes Katrina and Rita.
6/4/2007: WASHINGTON, DC: 1 hr. 51 min.

I suggest listening/watching the last two, well worth it. Government needs to help, but as stated on the first page of this thread, being poor sucks. However, it is not uncommon for those who earn $60,000 (joint income) or more need asistance with health insurance. My question is what else are you spending your money on?

As someone who pays what is pretty much rent, I know that owning a home would be better in the long run!

[jonasdatum]

Originally Posted by jonasdatum

www.c-span.org

Sheila Bair, Federal Deposit Insurance Corporation, Chairman
Sheila Bair, Federal Deposit Insurance Corporation, Chairman, discusses the federal government’s role in oversight of the subprime mortgage market.
6/2/2007: WASHINGTON, DC: 43 min.

Alliance for Health Reform Panel Discussion on State Healtcare
At the National Press Club, the Alliance for Health Reform hosts a panel to discuss "State Health Coverage Expansions." Speakers include: Enrique Martinez-Vidal, Robert Wood Found., Acting Dir. of State Coverage Initiative; Joy Johnson Wood, Nat'l Conference of State Legislatures, Health Policy Dir.; and others.
5/30/2007: WASHINGTON, DC: 1 hr. 15 min.

National Press Club Luncheon Address On the State of American Housing
Alphonso Jackson, Secretary of U.S. Dept. of Housing and Urban Development discusses the topic "The State of American Housing." Jackson discusses his vision for housing as well as the challenges the nation faces in such areas as predatory lending, housing discrimination, corrections in the housing market, and the need to rebuild the Gulf Coast that was ravished by Hurricanes Katrina and Rita.
6/4/2007: WASHINGTON, DC: 1 hr. 51 min.

I suggest listening/watching the last two, well worth it. Government needs to help, but as stated on the first page of this thread, being poor sucks. However, it is not uncommon for those who earn $60,000 (joint income) or more need asistance with health insurance. My question is what else are you spending your money on?

As someone who pays what is pretty much rent, I know that owning a home would be better in the long run!

American Medical Association on Medicare Payments
Dr. Cecil Wilson, American Medical Association, Board of Trustees Chairman released the results of a survey of changes physicians expect to make to their practices when Medicare payments to physicians are cut 10 percent on January 1, 2007, with further cuts scheduled. He was concerned that new Medicare patients would not be able to find doctors.
6/4/2007: WASHINGTON, DC: 42 min.

[poochee]

[QUOTE=jonasdatum]www.c-span.orgI suggest listening/watching the last two, well worth it. Government needs to help, but as stated on the first page of this thread, being poor sucks. However, it is not uncommon for those who earn $60,000 (joint income) or more need asistance with health insurance. My question is what else are you spending your money on?

As someone who pays what is pretty much rent, I know that owning a home would be better in the long run! [QUOTE]


Yes it is, if a person buys a home they can afford the payment on. Some first time buyers want their first home to be their dream home and get in over their head.

[jonasdatum]

From Lockup to Lap of Luxury: Hilton's Release Sparks Questions of Fairness
Hotel Heiress's House Arrest Opens Door to Criticism
From WN By PIERRE THOMAS and THERESA COOK
June 7, 2007
http://abcnews.go.com/WN/story?id=3255953&page=1

"Power and MONEY" Go a long way, people who are terminally ill can't get out of jail or prison! However, her wallet was black and blue and they had to open it up to clean the infection i.e. gave some money to the right people.

Seperate room, medical excuse to be removed from detention, lol give me a break! See younger boys and girls money and influence is good. Add that up with what most would consider beauty,...

Get your education, workout and get that better body, do what it takes "WITHIN THE LAW" to succeed! Train your mind, train your body, don't do drugs LOL until you have $100,000,000s in the bank . Then you'll be ok.

[Fidelista]

Regarding poll . Only one in sixteen claims to be "working class" ---less than 50 grand{me -middle}
That explains a lot of my grief when speaking of working class problems.
>f

[poochee]

Originally Posted by Fidelista

Regarding poll . Only one in sixteen claims to be "working class" ---less than 50 grand{me -middle}
That explains a lot of my grief when speaking of working class problems.
>f

I'm middle class and I can relate to working class problems. Probably because I can put myself in anothers shoes.

[valis]

what if I'm middle class but flat broke?

oh yeah, that whole 'kid' thing.....money grubbing little monkey......

[poochee]

Originally Posted by valis

what if I'm middle class but flat broke?

oh yeah, that whole 'kid' thing.....money grubbing little monkey......

[jonasdatum]

Originally Posted by valis

what if I'm middle class but flat broke?

oh yeah, that whole 'kid' thing.....money grubbing little monkey......

So you live off of debt?

Home > GMA
http://abcnews.go.com/GMA/story?id=3...age=1&GMA=true
Cash for Kids: Japan's Employers Offer 'Baby Bonuses'
Controversial Strategy Designed to Boost Country's Sagging Birthrate
From GMA June 7, 2007

Nothing many don't alredy know, Japan has a rapidly aging and slightly shrinking population. High motivated and strong people. I respect that drive for kicking butt .

"...Young Japanese citizens say it's too expensive to have kids, and women in particular don't want to give up their careers and lifestyles for motherhood..."

I don't believe in a woman not having a job. Making yourself dependant on somebody is a very high risk. "Love and trust can only go so far, if you have that much faith in your mate and are willing to make the sacrifice then go ahead."

My question is does the extra mone really make a difference? I mean if I have six kids and $60,000, how far will that money go?

So the Japanese are trying to solve a very real social problem in their country, good for them. Now how about the United States? What about our educational, large prisons, and jail problems?

[valis]

Originally Posted by jonasdatum

"...Young Japanese citizens say it's too expensive to have kids, and women in particular don't want to give up their careers and lifestyles for motherhood..."

that's one of the saddest things I've ever heard.

Originally Posted by jonasdatum

I don't believe in a woman not having a job. Making yourself dependant on somebody is a very high risk.

And that's one of the stupidest. I don't believe it's your right to decide what any body else can or cannot do; it's entirely up to them. My wife and I knew that one of us would not be working when our child was an infant, and when we have another, we're going to do the same thing. The formative years should be spent with someone who has a vested interest in the childs future; obviously the people best equipped for that are the people who decided to bring this person into the world.

I've said this for years, and I've also read it in a few sociology books, one of the major issues facing Ameirican society today and for the next generation at least, is the fact that we have given up the 'nuclear family' idealhood in favor of materialistic gains, which is a damn shame, IMO. You don't need a $60k truck that gets 12 mpg if you live in a city. The only reason people get them is for status symbols, or to keep up with the Jones'. Now that they have that ring around their neck, they are forced into having a dual income household, and the ones who suffer from this materialstic feeding frenzy are the children under, say, 2 years of age who are dumped at day care for up to 12 hours daily.

As opposed to having mom or dad around to help them mature.

With that attitude, something tells me you are going to wake up at 60 wondering why you are alone.

[katonca]

Originally Posted by valis

My wife and I knew that one of us would not be working when our child was an infant, and when we have another, we're going to do the same thing. The formative years should be spent with someone who has a vested interest in the childs future; obviously the people best equipped for that are the people who decided to bring this person into the world.

I've said this for years, and I've also read it in a few sociology books, one of the major issues facing Ameirican society today and for the next generation at least, is the fact that we have given up the 'nuclear family' idealhood in favor of materialistic gains, which is a damn shame, IMO. You don't need a $60k truck that gets 12 mpg if you live in a city. The only reason people get them is for status symbols, or to keep up with the Jones'. Now that they have that ring around their neck, they are forced into having a dual income household, and the ones who suffer from this materialstic feeding frenzy are the children under, say, 2 years of age who are dumped at day care for up to 12 hours daily.

As opposed to having mom or dad around to help them mature.

With that attitude, something tells me you are going to wake up at 60 wondering why you are alone.

We salute you..............{{{}}}

[valis]

didn't bon scott say that?