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To: Vermont Lt

“I will pass that along to my mom who survives on a postal pension. A pension she paid in to. And since she was not eligible for social security, what do think she should do? Can she come live with you?”

Many Fed/State retirees will be in this position in the future as the shock of “Unfunded Obligations” in unrealistic budgets begin to hit. I draw a Military Retirement now, I expect that sometime in the future it will also be under attack. As a result, I have taken the required precautions if that happends, so should your mother. No she can’t come to live with me, that’s why she gave birth to you. She cared for you when you couldn’t, now it’s your turn when the tables turn.

Welcome to Obama’s America...such as it will be.


33 posted on 06/22/2011 12:59:27 PM PDT by GT Vander (Life's priorities; God, Family, Country. Everything else is just details...)
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To: GT Vander
The state and local folks will be for sure. As for the feds, they can always print the money so I expect they will be shielded somewhat. The event that may trigger much of the collapse may be the resurgence of high inflation: COLA’s will be death on actuarial assumptions.
78 posted on 06/23/2011 6:59:33 PM PDT by MSF BU (YR'S Please Support our troops: JOIN THEM!)
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