Thom, just listening to you and your statement that annual contributions to 401K plans is limited to $6000.00 is incorrect. For 2012 the limit is $17,000.00 for people under 50. For those 50 and older there is a provision allowing an additional $5000.00 per year for a current possible total of $22,000.00 for older people (like me...age 61). I know you are a stickler for accuracy and thought this should be brought to your attention. As to Romney and his 100 million 401K...beyond belief and credibility.

Thanks for your daily insight and wisdom


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Income Inequality Has Gone Up

The chairman of the White House Council of Economic Advisers, Jason Furman, recently wrote in the Washington Post that "Last year saw the largest single-year reduction in poverty since the 1960s."