Archive for the ‘Social Security’ Category

Kiss George goodbye

November 12, 2017

You can kiss ole George goodbye.

He was great as a Father to our country. He was courageous as Commander of the Continental Army, when they ran King George’s redcoats back to England.

He performed wisely as our first President. Washington’s dignified leadership tempered the contentious impulses of our first politicians,  Jefferson, Adams, Hamilton, et al.

As a legendary figurehead  of American leadership he has served well for over two centuries.

Young George’s honest admission about the cherry tree incident  still inspires us to honesty and integrity.

But as the face on the dollar bill, his days are numbered.

Dollar

Most of your purchases are (are they not?) far beyond the 1-$2 range. And, think about it, what can you buy with a dollar bill these days?  A sugar drink at a convenience store? Probably not. They’ll supersize you into greater quantities of go-juice with your gas and you’ll be whipping out the plastic stripe.

These days all that used-to-be-money is just  swiped stripes and inserted chips and electrons flowing around the globe.

And that old greenback—what is it really? Used to be a silver certificate, then a Federal Reserve Note. Now the Fed has got the legal tender’s stability all figured out, so that the value of a buck walks a fine line between what it was last year and a what the CPI will allow you now.

Which isn’t as much as it used to be.

So these days we have, and have had for quite a while now, a comfortably numb currency inflation. That Federal Reserve Note in your pocket appreciates at a predetermined rate of 1-2% per year, and this calculated depreciation compensates for the variability of our paper dollar’s value since we ditched the gold/silver standard back in the 1960’s.

But I think this waffling Dollar will be with us for only a little while longer.

How much longer?

Washington’s greenback will probably float around until such a time as BrettonWoods doth move against Dunce’nGame for the last time. Then the weight of the world will be too much to bear.  Tensioned Tectonic shifts in the world’s monetary plates will render our legal tender to disability status, and those Federal Reserve Notes slipping in and out of international accounts will no longer be the world’s reserve currency.

’Tis then the Treasury will nudge Ole George into retirement. He’ll be on Social Security like the rest of us, with direct deposit, never even seeing the checks, never handling the cash, merely reaping the debit presence of those positive credit numbers. ’Tis then they’ll gently compel Ole George into retirement.  Maybe they’ll give him a gold watch for old time sake.

So long, George. We’ve felt so fat and happy having your pocketbook visage to enable our consumer shopping excursions. Your accomplishments have been Notable, expansive and historic, like Norman Rockwell scenes from our magazine covers and dime store excursions in all those bygone petrol-fueled Main Street purchase excursions.

Fare thee well, George. But I’ll never forget the smooth, crisp feeling of your fibered texture between my digits. Ah, those were the days, the dollar days!  https://www.youtube.com/watch?v=2KODZtjOIPg.

King of Soul 

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Old Sun

April 4, 2016

OldSun

Old sun came up again today.

just thinkin:

worked hard all your life

little deductions week after week

all those years

do-dropping deductions into invisible

somewhere account

social security in the sky

stealthy NewDeal squirrels

stored and hoard

funds

that Lyndon extended.

lived through the sixties twice

I heard the drummer say, laughing

and don’t trust anyone under thirty

then one day you have bright morning

in America

no go to work

what it all about Alfie

the croupier wheels

roulette deals.

65!

ain’t no jive

now what

say what?

401k and IRA

but me wear no fancy pants jeans no mo

an ne’er been to belfast

never lived life in the fast lane

til now

now that I’m too slow

to know

how it all happened.

We’ll just hop on our horses

waiting for Roy

Rogers and Dale Evans

to ride into heaven

they still ride horses

don’t they?

It’s bright up there.

Glass half-Full

Doing the Limbo at 64

January 9, 2016

I remember back in the 1950s when I was growing up and attending Catholic school. They taught us that there’s a place called Limbo, where you go after death if you had never received baptism while living in the world. Although I am a mere Christian now, having been baptized in 1978 by own choice choice at the age of 27, it has been revealed to this protestant that there is indeed a place called Limbo.

But it is not actually a place; rather, it is a time, a time of life.

How do I know this?

I am in Limbo now.  I am learning that it is a stage of life through which you pass, before–not after– death, a kind of a nether time through which the maturing American sojourns, somewhere between ages 64 and 66.

When you turn 64, there are multiple signs that indicate you have arrived in Limbo. The first is, of course, remembering back to 1968 when the Beatles raised the profound question “Will you still need me, will you still feed me, when I’m 64?”

http://www.dailymotion.com/video/x158z5_beatles-when-i-m-sixty-four_music

On one level, the song is profound for the aging adult, insofar as it raises the question of one’s life-status or love-condition in relation to one’s spouse, or, as they say nowadays, one’s “significant other” or lack thereof.

On another level, the question itself–about being needed and fed–is critical for the aging adult, insofar as it raises the question of one’s life-status in relation to “the System.”

You know the System I’m talking about, the one that–as we thought back in the day–would relegate us all to little ticky-tacky houses where we’d all look just the same.

And once you start seeing the signs that you are approaching–or perhaps have already arrived in– Limbo, suddenly the omens are all over the place, and very plain to see.

For example, as I happened to tune in, a couple of days ago, to Diane Rehm’s show, in which the Grand mistress of inside-the-beltway grapevine NPR confab discussed the big “R” word with Teresa Ghilarducci,

http://thedianerehmshow.org/audio/#/shows/2016-01-07/teresa-ghilarducci-how-to-retire-with-enough-money/111702/@00:00

I learned that the assets so far accumulated by myself and my wife (six years younger than me) are, of course, not nearly enough to “make it through” the Retirement years, which is a special golden or rose-colored-glasses period  sometimes called the “rest of our life.”

Theoretically, our assets are not enough, especially with, you know, zero interest rates etcetera etcetera.

On the other hand, who the hell knows how much is enough?

Furthermore, this unstable scenario has been further destabilized by myself, yours truly, who recently, and oh-so-irresponsibly, decided to quit my job seven months before reaching the big SIX-FIVE road marker, because it was–as my body was daily communicating to me–wearing me out, after the past 45 years of uninterrupted work, the lion’s share of which was spent in construction and maintenance jobs.

There’s a reason (as I am discovering) that 65 is the big mile marker, the fork in the road where two paths diverge, as Robert Frost might have called it many and many a year ago.

In my case, I just didn’t quite make it that far, stopped short of the finish line with only seven months to go.

In one moment of time I morphed from one Bureau of Labor Statistical category to another. Whereas, I formerly was perhaps categorized as  employed but underemployed (being a college grad in a maintenance job), this statistical territory I now inhabit is a never-neverland somewhere between “unemployed” and “dropped-out of the labor force altogether–having given up on looking for another job!

Limbo!

The real hell of it is I’m still looking for a job, still striving to redeem myself from the stigma of being a labor-force dropout, still busting gut to add another few thousand bucks into that magic pot of IRA and/or 401K gold at the end of the Social Security rainbow.

Did I mention “gold”? Don’t even think about it, except all the online doomsayers are saying I need to buy it. But I wouldn’t know where to start. I mean, I’ve lived in the System all my life.

Meanwhile, back at the ranch, where I’m filling blanks and checking boxes in online applications, the question becomes: who is going to hire a 64-year-old who just may be one of those  off-the-chart non-entitities who has “given up” on gainful employment, when there are multitudes of unemployed or underemployed 22-year-olds out there pounding the keyboard and the pavement looking for work?

Who? I ask you who?

Don’t think too hard. That’s been my problem all my life–thinking too much, and maybe writing too much too. (And if you believe that, I’ve got three novels, poised in cyberspace on the website linked below; they’re hanging there, suspended in electrons waiting to enhance your historical reading experience.)

So here I leave you with a closing anecdote. It is a dilemma wrapped in an enigma.

6:30 this morning, still dark. I just delivered my wife to her nursing job. I’m at the gas pump of a convenience store. I’m thinking. . .maybe I should go in there and ask for a job. Then I’m looking blankly at the gas pump as the digitals flash, and my eye wanders up to a sign on the gas pump. It says:

“Polar pop any size 69 cents”

And above that message is another little sign, with pictures of “Crown” cigarette packs, and an offer that smokers cannot refuse:

“$3.18 if you buy two.”

Do I really want to spend the last six months of my working life. . .

Fuhgedaboudit.

Smoke