The website DirectInvesting.com has an interesting gift suggestion for the newborn. The site uses this example: buy one share of a stock at $54.05 (I know – an odd figure). Invest $25 per month for 64 years ($19,554.05). Total value at retirement, assuming a modest 10 percent average return rate, easily attainable (less than historical numbers), including dividends reinvested, you would have close to $2 million, possibly more. It comes out to $1,974,393.97. Not bad at all, and it can be done through systematic small (remember, only $25 per month) payments. This can give you around $2 million or more at retirement. Double it to $50 per month and you could have $4 million or more at age 65. Less than $1 per day can get you $2 million at retirement. Less than $1.70 per day should give you $4 million or more when you retire.
Compare this to the return from Social Security or cash value life insurance. Always remember these two words: opportunity cost. The investment account belongs completely to you and your heirs. Social Security disappears when you do.
In 2010, U.S. foreign aid payments were, as usual, wasteful and counterproductive, worse today. We gave China $27.2 million, India $126.6 million, Brazil $25 million and Russia $71.5 million, says the London Daily Mail (DailyMail.co.uk). Mexico received $316.7 million and Egypt $255.7 million. Nowhere in the U.S. Constitution is there any provision for foreign aid.
The Top 10 countries receiving the most aid from the USA (source:DailyMail.co.uk): #1 Colombia $461.2 million, Mexico $316.7 m, Egypt $255.7 m, Phillipines $128.2 m, India $126.6 m, Russia $71.5 m, China $27.2 m, Brazil $25 m, Thailand $16.75 m, Turkey $8.2 m.
The problem is worse today and it continues to grow. You’d think the new breed of Republican insurgents would fight this craziness but Senator Marco Rubio of Florida , elected in 2010, is a big believer in foreign aid. He said foreign aid was “cost effective.” He offers no proof of its effectiveness, of course. It’s costly and ineffective. Marco has turned out to be a big disappointment to many of us who believed him when he ran six years ago. Congressmen Ron Paul and Larry McDonald, both medical doctors, always voted no on all foreign aid. Ron Paul retired in 2012 and Larry McDonald was murdered by the Soviet Union in 1983. Remember?
Gift suggestion for the newborn
Marco Rubio was praised by his new liberal Democrat fiends for his “progressive” views in the Senate. Clinton administration hanger-on Strobe Talbott praised Senator Rubio after he praised the World Bank, the United Nations and the International Monetary Fund (IMF). Strobe Talbott, now president of the Brookings Institution, a liberal think tank, had high praise for Marco. Retired Democrat Senator Joe Lieberman called Sen. Rubio “a rising star in the next generation of America’s foreign policy leaders.”
Strobe Talbott said of Senator Rubio: “He has already established himself as a vigorous advocate of intense and widespread U.S. engagement in the world. He is an internationalist.” Source: CNSNews.com.
Just what we need – another get-along by going along internationalist yes-man. I expected a lot more out of Marco. So did America’s voters and it cost him when he ran for president this year. Marco should realize: liberals are not your friends. George Bush I could tell you that, if he has figured it out by now.
Obamacare has over 15,000 pages of regulations. Get ready for looming doctor shortages. Remember – all Senate Democrats voted for it, all Republicans voted against it.
“Once the government becomes the supplier of people’s needs, there is no limit to the needs that will be claimed as a basic right.”
Lawrence Auster on TheAbsurdReport.com
Don’t forget, the Republican establishment is hostile to conservatism, even though it briefly embraces it at election time.
“The GOP rulers sabotaged Barry Goldwater and were ultimately stuck with Ronald Reagan. Contrary to quaint historical rewrites, they were not in his camp. Instead, the GOP rulers bogged Reagan down with dealmakers and principle-shredders.”
Brent Bozell on CNSNews.com
“Rich: politicians’ nicknames for ‘other people’ (as in ‘tax the rich.’)”
Joseph Sobran Sobran.com
Bumper sticker of the day: Tight Jeans Improve Your Circulation.
My e-mail address is marshallem40@comcast.net.
Marshall Miller
Strobe Talbott said of Senator Rubio: “He has already established himself as a vigorous advocate of intense and widespread U.S. engagement in the world. He is an internationalist.” Source: CNSNews.com.
Just what we need – another get-along by going along internationalist yes-man. I expected a lot more out of Marco. So did America’s voters and it cost him when he ran for president this year. Marco should realize: liberals are not your friends. George Bush I could tell you that, if he has figured it out by now.
Obamacare has over 15,000 pages of regulations. Get ready for looming doctor shortages. Remember – all Senate Democrats voted for it, all Republicans voted against it.
“Once the government becomes the supplier of people’s needs, there is no limit to the needs that will be claimed as a basic right.”
Lawrence Auster on TheAbsurdReport.com
Don’t forget, the Republican establishment is hostile to conservatism, even though it briefly embraces it at election time.
“The GOP rulers sabotaged Barry Goldwater and were ultimately stuck with Ronald Reagan. Contrary to quaint historical rewrites, they were not in his camp. Instead, the GOP rulers bogged Reagan down with dealmakers and principle-shredders.”
Brent Bozell on CNSNews.com
“Rich: politicians’ nicknames for ‘other people’ (as in ‘tax the rich.’)”
Joseph Sobran Sobran.com
Bumper sticker of the day: Tight Jeans Improve Your Circulation.
My e-mail address is marshallem40@comcast.net.
Marshall Miller
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