Posted on 11/11/2012 5:42:54 PM PST by huac
"...Gerry Mak and Sarah Magida sauntered through a small ethnic market stocked with Japanese eggplant, mint chutney and fresh turmeric...Magida, a 30-year-old art school graduate...she’s used her $150 in monthly benefits for things like fresh produce, raw honey and fresh-squeezed juices from markets near her house in the neighborhood of Hampden, and soy meat alternatives and gourmet ice cream from a Whole Foods a few miles away..."
(Excerpt) Read more at salon.com ...
Bike couriers can also deduct food while between work shifts as “fuel”.
“Turns out people are putting vast storehouses of money on deposit in this country with no interest due ~ they’re just trucking it in and there it is.
We also have vast amounts of resources that can be used to back the currency ~ if need be.”
Ah, so in your mind, retired federal employees have first claim on any asset, public or private to pay their pensions.
I think you will find that simply is not so.
But you can back your currency with pledges against ASSETS.
An asset can be gold, silver, copper, oil, land, uranium, forests, water, coal, ........
Then you pay your debts with that currency.
You can even run more than one type of currency at a time ~ like they did in the early days of the republic. Computer systems are so good you no longer need a separate Federal Reserve system with a single currency. Actually, even after the Federal Reserve system was established we ran with several different kinds of currencies pledged against various things.
Currently our currency is backed by what?
Which Charles Mac? I”ve known several ~ usually with much more in the rest of their last name.
“But you can back your currency with pledges against ASSETS.”
Oh, thank you very much for your helpful insight on financial matters, it really is quite interesting.
However, your point, if you were honest, is that you want to have the currency supported by whatever asset is required so that you continue to get your generous pension.
Right?
No, we save our assets for later. first we zero out all of our obligations, THEN we use the assets we have to collateralize a new currency. (This is what Greece is going to do) Perhaps they’ll let you sweep the floor of the best hotel at the Grand Canyon, in return for scavenging rights to the dumpsters.
That seems fair, no?
Charlie MC
USPS
The Senators nephew or cousin whatever
They had their connections ~ Charlie was not impressed with any of his relatives but his brother who commanded a nuclear submarine ~ first and last one to ever test fire an ICBM.
What would Charlie Mac say about this? Jim's bad word editors would nail that in a second wouldn't they! The Washington Post comments board would melt down.
When I moved in this development one of the neighbors in the older surrounding area still had a farm tractor ~ he ploughed hundreds of acres in the Spring ~ and harrowed in the Fall. Then he had a large earth mover and regularly hired out with residential developers to do site prep. Guy weighed about 400 pounds.
It was pretty obvious you needed a lesson in currency ~ so I went pretty basic. It's equally obvious you have no idea how Greece ended up where it is ~
The US Government has assets so vast you, personally, cannot imagine them. There's no excuse for them not paying their bills and backing their currency.
Any attempt to repudiate the public debt of the federal government would run afoul of the 14th amendment that says: "SECTION 4.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned "
You still on the last (?) house on right pretty close to the sub station? (by close I mean within running distance - which takes more time than walking)
as to 187 OF course THAT Charlie Mc....excellent review....one of the greats, legend in his own time.
Haven’t heard from Mike “Red” R for a while but ‘Big Ed’, passed away couple of years ago.....
Back then I was “GTRB” or ‘Roadbuilder’ as per Charlie.
Yes, yes, I needed to be schooled in financial responsibility, and who better than a retired federal employee to do this?
Perhaps you should organize all federal employees to simply go out and explain such financial responsibility and the obligations of the citizenry to pay such obligations such as federal pensions and healthcare benefits that the citizenry by and large do not possess themselves, in no small part due to the existence of such largesse.
“No, you don’t understand Mr. Taxpayer, you HAVE to give me, according to the 14th Amendment, first dibs on your earnings, because, you see, the government overspent, and well, things happen.”
I think if only you explained the federal retirement system to people, you might find taxpayers understand and empathize with you a little bit more about how you were guaranteed benefits and all. You can explain how YOU get their money for YOUR retirement and they have to find some other way to pay for THEIR retirement.
Then you could tell a few jokes, shoot the bull about football and all, and you’d probably have a few laughs.
I’m pretty sure that’s how it would go.
There’s really no sense debating the situation with you. All you want to do is trash your employees ~
“There’s really no sense debating the situation with you. All you want to do is trash your employees ~”
No! No! please don’t go. I need more advice that only a Fed can give. Maybe hints on, say, balancing a checkbook, or how to keep a sense of entitlement in the face of financial disaster.
You know, stuff like that. I’ll just sit here waiting for your next nugget of wisdom.
Then what you need to consider is paying back the forced loan I made the government over 40 years ~ just pay it back, with interest, ...... go borrow more money!
“Then what you need to consider is paying back the forced loan I made the government over 40 years ~ just pay it back, with interest, ...... go borrow more money!”
In the end, all ya got is Red Herrings.
i got the 14th amendment, paid for in blood, and the very reason we have the World Reserve Currency.
“i got the 14th amendment, paid for in blood, and the very reason we have the World Reserve Currency.”
Yes, our heroes fought, bled, and died.....for your pension.
Bet your family were all safe in Europe, still oppressing the peasants, looting the Jews, and cheating small landowners out of their property. Mine fought for the 14th amendment.
Some died. Many were wounded. I was assured by their grandsons the day I was inducted to the world of firearms that we were all Americans and we'd take care of our own first.
Ah, so people in your family actually did something, if you are telling the truth.
But not you. If your relatives weren’t dead already, they certainly would have died of shame seeing you now.
“Bet your family were all safe in Europe, still oppressing the peasants, looting the Jews, and cheating small landowners out of their property. Mine fought for the 14th amendment.”
No, that is the province of you and your ilk in the Federal Bureaucracy now.
Your relatives probably would have fought against what you represent now, and would have thought the world a better place if you were thus tyrannically demised.
“Some died. Many were wounded. I was assured by their grandsons the day I was inducted to the world of firearms that we were all Americans and we’d take care of our own first.”
I hope you didn’t shoot yourself in the foot then, like you did today.
You revealed yourself as an anti-American today ~ not a problem for me as long as you move somewhere else ~ there are plenty of countries out there for you. maybe Paraguay
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