Has some down-sides, but might be worth a look. ===== By ANNE TERGESEN – WSJ Updated Sept. 10, 2015 1:51 p.m. ET A new product intended to help retirees avoid running out of cash late in life is now available to holders of individual retirement accounts at Fidelity Investments. The Boston financial-services company said Thursday it has begun offering “qualified longevity annuity contracts” from... Read more
Archive for the ‘Economics’ Category
A New Retirement-Income Option for IRAs
February 7 | Posted by mrossol | American Thought, EconomicsEverything about 401(k) and IRA Withdrawals
February 7 | Posted by mrossol | American Thought, Economics, Personal, Tax IssuesFound this very helpful. But of course, it fits my demographic, now. Doesn’t it? ====== By LAURA SAUNDERS WSJ Feb. 5, 2017 10:12 p.m. ET If you are one of the millions of Americans with a retirement-savings account, three of the most important letters in your financial life might be these: RMD. They stand for required minimum distribution, which is something that the nation’s... Read more
Bernie Bashes Wallstreet
February 9 | Posted by mrossol | Economics, Politically correct, The LeftSo, this is ‘Big, bad, Wallstreet, eh?’ ============== By Bret Stephens, Feb. 8, 2016 7:14 p.m. ET Last Friday a crane collapsed in lower Manhattan, killing a man named David Wichs. The next day the papers told the story of his life: a Jewish immigrant from Czechoslovakia; a math whiz with a degree from Harvard; a thoughtful neighbor and husband; “the nicest,... Read more
A Chipotle Education
December 25 | Posted by mrossol | Economics, Food, non-GMO, Western CivilizationWhen Chipotle went non-GMO, I stopped ‘going Chipotle’. Non-GMO is ‘anti-reality’. GMO is about making life better for more human beings. ===== “The all-natural evangelists get an E. coli reality check.” Dec. 22, 2015 7:07 p.m. WSJ The executives at Chipotle Mexican Grill have been, well, dining out for years on their self-styled reputation for “food with integrity.” So their competitors who by implication... Read more
The Illusions of Paris
December 13 | Posted by mrossol | Economics, Global Warming, ObamaIts a religion, and worse than most religions. ====== WSJ 12/2/2015 The running melodrama of the world climate-change talks reassembled in Paris this week, and word from the worthies is that this time the 196 nations are poised for a momentous breakthrough. Well, not quite. The politicians want a deal so badly that they’ll accept anything that can pass as one, but it... Read more
Fossil Fuel Free Is No Country for the Poor
March 28 | Posted by mrossol | Economics, EnvironmentAs I have posted before: Fossil fuels have done more to improve the lot of the poor than ANYTHING ELSE in the past, or ANYTHING proposed by the benevolent elite. ============ By Donald J. Boudreaux March 27, 2015 5:56 p.m. ET Richard Branson,Arianna Huffington and several other business icons recently called on world leaders to commit to net-zero carbon emissions by 2050. Such a... Read more


