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Might as well borrow the money now while the rates are low. I hear the Fed's got money to burn.
1 posted on 03/28/2015 7:22:38 AM PDT by Citizen Zed
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To: Citizen Zed

Voodoo economics is a valid term, it was just used in the wrong way.

The western world today is currently running on a vast system of voodoo economics.


2 posted on 03/28/2015 7:25:34 AM PDT by samtheman
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To: Citizen Zed

The whole idea of a lifetime pension is ridiculous.

No one can afford to pay all its former employees a salary for the rest of their lives and still be expected to stay financially solvent competing against entities with no such obligations.


3 posted on 03/28/2015 7:26:40 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: Citizen Zed
“We have local governments that are on the verge of bankruptcy.”

INCOMING!


6 posted on 03/28/2015 7:33:59 AM PDT by GrandJediMasterYoda (B. Hussein Obama: 15 acts of Treason and counting.)
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To: Citizen Zed

Our public servants are now our masters. We in the private sector who must scramble to survive must pay ever increasing taxes and fees to the bloated bureaucrats to keep them in Fat City.


8 posted on 03/28/2015 7:39:36 AM PDT by Uncle Lonny
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To: Citizen Zed

Just the tip of the iceberg of course. And fits right into the plan of convincing the sheeple that all retirement monies should be put into the ‘safe lockbox’ called US Treasuries.

Rest assured the msm will play along.


9 posted on 03/28/2015 7:39:45 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: Citizen Zed

What do they expect to happen when they promise more than they can deliver?


56 posted on 03/29/2015 5:57:24 AM PDT by RWB Patriot ("My ability is a value that must be earned and I don't recognize anyone's need as a claim on me.")
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