Posted on 10/25/2018 12:08:14 PM PDT by SeekAndFind
Yes I am.
No bailouts of states by the federal government. That is, no screwing over the taxpayers of other states to pay for one states irresponsible pension promises.
We need to pass a federal law to this effect now - before several blue states go belly up and start screaming for everybody elses money.
Multi generational welfare living is taboo to talk about or you be a racissss to bring it up.
Welfare is the reparations negros keep screaming about. How many trillions have been essentially just handed to them, no questions asked?
That works if you acknowledge Social Security and Medicare are “Welfare,” but not if you don’t.
But if the world's reserve currency shifts to the currency of another country or group of countries, then it's game over and lights out for the empire and the welfare state.
Own your property outright.
Don’t be in debt.
Preach it, brother!
Hunger is a great motivator to work.
Any solutions...
Yeah, cut welfare.
First things first !
CONGRESSCRITTERS are forced to have same as WE HAVE for benefits !
“Medicare has no money in eight years.”
Medicare has insufficient money in eight years to pay current rates.
Hospital costs will have to come down - by converting hospitals to real estate leasing operations serving surgeons, anesthesiologist, nursing ward operators and pathologists. This will make hospital overhead far less costly.
Drugs costs will have to come down - NHS style.
Reimbursable doctor visits will be limited. Say 10/year at 80% reimbursement, 10 more/year at 70% reimbursement, etc.
Things like wheel chairs and other personal durable equipment won’t be covered at all.
Make it needs based. No public employee needs more retirement income than the average pensioner. However, since they were so special and did work helping the peasants manager our sorry little lives, we will allow them a 10% more than average retirement income. Anything else will be withheld to share the wealth with the less fortunate peasant class like extending the life of social security and medicare.
I'll bet this alone would solve the problem overnight.
Gold/silver/PM. Bitcoin if you’re really ambitious. Maybe some of both.
It would be an awful thing during the next depression if Antifa / Occupy Wall Street / BLM dindonuffins were to obtain a comprehensive address list of well off retired public employees to involuntarily donate their obscene pension wealth plunder...
Number of state retirees getting six-figure pensions grows 30 percent in one year
by Marc E. Fitch | Jan 25, 2018 |
Figured it out? I'm talking about private retirement accounts, 401K's and the like. Clinton once proposed a one time "tax" of approximately 10%-15% of the current value of all 401K's to permanently shore up Social Security. Some of the really far left politicians have floated the idea of seizing ALL 401K's and then putting them under government control as sort of a Social Security Plus retirement benefit.
After all it's hardly fair to those financial deadbeats that never saved that you have a huge nest egg out there.../sarcasm off
Pension cost of living adjustments will be abandoned or the cost base expanded to include say Baja California or all of Mexico.
Dear California Pension Recipient:
Since half of California pension recipients have Mexican citizenship, half the cost of living base will be of Mexico.
Buenas Dias,
Governor Brown III
Es sencillo.
The economic mess began in 1913, with creation of the Federal Reserve and the federal income tax (16th amendment). These allowed continual and sustained growth of the federal government.
The economic mess accelerated with the 19th amendment (women's vote) in 1920, as women vote for security over liberty.
The economic mess culminated in the early 1960s with the Civil Rights Act of 1964, the Economic Opportunity Act of 1964, the Food Stamp Act of 1964, the Elementary and Secondary Education Act of 1965, and the Social Security Amendments of 1965 which created Medicare and Medicaid. This is the so-called "Great Society" or welfare state by LBJ.
We have not even touched upon the moral mess, which (briefly) came about through the Frankfurt School at Columbia University and UC Berkeley in the 1950s (free sex, no moral absolutes), the FDA approval of the birth control pill in 1960, and the outlawing of prayer in schools in 1962 by the Supreme Court.
Finally, there is the Immigration Act of 1965 which allowed immigrants from 3rd world sh!tholes, giving foundation to identity politics and the fragmentation of the social/cultural/historical mores of the USA.
The Boomers participated in all this, but they certainly didn't vote for or create these disasters.
Teachers and other public workers just need to be able to invest their own money in a 401k plan for retirement. Even with matching contributions, municipalities should pay much less for retirees. They need to do it very soon.
‘Effectively, Labour has stolen £5bn a year from our pension funds. And that 1997 legislation really set the tone for things to come.’
“Make it needs based.”
Cap it, so as not to discriminate against the thrifty.
“No public employee needs more retirement income than the average pensioner.”
Gold, silver, bitcoin. The first two can be confiscated. Bitcoin cannot be confiscated. Have some of each, for diversification. The only cryptocurrency with longest track record, the best developers, and the most decentralization is Bitcoin. None of the other so-called “sh!tcoins” will do.
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