Free Your Mind...Your Ass Will Follow.
-- George Clinton

IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa ... 729-141334

Onna counta cuz....
https://www.youtube.com/watch?v=Ps3x-_JdIeg
and w/o
https://www.youtube.com/watch?v=nNkNuVRhkks
This week's Joe...
https://s3.amazonaws.com/pickup-radio/audio/cream-rises-to-the-top.mp3
http://jbonamassa.com/features/2014/bon ... 20magazine





Some of the Bay Area unions locals have recently had a close encounter of the IRS kind... The locals structured their 401 plans as per consultations w/ the IRS and it was good. Until it wasn't. Whether the IRS felt that they needed to be working on something big during the duration of the financial crash, or there was a regime change and a new outlook, or it just happened, we had an extended period where allocation adjustments were not allowed while the IRS reviewed, ruminated, and reflected... So this week we finally started to emerge from that. We reorganized our 401a to the IRS's approval (again) and set in place the new mandatory contribution plus the allowable levels of voluntary contribution. Functionally, there is little difference; the changes as viewed from the participants point of view are minor. I spoke on the floor much as I speak here in my blog, mostly this time about the mandatory level of contribution... But...
There's more to be said and I gotta think about what and how. You gotta click on "If yer a newcomer to the blog" to get started. But watch this space for what comes next...

It is work to do the blog, but I've been writing so long about High End Hi Fi and then Motorcycles and Money, that it is part of my nature. Then a friend and co-worker dropped by at the last union meeting and mentioned that because he was following me back in 2008 and because I'd gone to 95% cash in the 401, he wrestled with it a coupla weeks and then followed me into the GIC. And a month later, the bottom dropped out of the market and he saved himself big time. Made My Day.














Monday...
http://www.businessinsider.com/kotok-sp ... 20-2014-11
http://vimeo.com/112107487

Tuesday...
Little by Little...
http://www.businessinsider.com/john-thu ... ge-2014-11

Wecome To The World I Grew Up In...
http://www.institutionalinvestor.com/bl ... GuqkfnF-So

WednesssDay....
Good Luck W/ That...
http://www.washingtonpost.com/opinions/ ... story.html
http://marketchess.com/2014/11/19/stock ... 914-video/

Thursday...

It's A Middle Class Thing...http://www.politico.com/magazine/story/ ... G4RlIvF-So