This thread illustrates why the Chinese want collateral for any new treasury puchases.
Yesss!!! Hidden Pension Fiasco May Foment Another $1 Trillion Bailout by Taxpayers
- Thread starter ByLoSellHi
- Start date
Bond trader, Not trying to win an argument. In fact, I wish was wrong and that we were not in this situation.
Rush was right. As a nation, we are young when comparied to other Countries. All other countries have turned to Socialism in some form or another with the UK leading the way.
For being so young, we advance "Life" so much. Liberty, God given Natural Rights, and the Freedom to persue happyness.
Capitalism and this "US" expirement has been hijacket since the 70s.
However, much like the ending to FIGHT CLUB, the system may have to "Fall" in order to rebuild upon those very principles that our founding fathers wrote.
All I can say is the Assult upon the Principles by the very GOV that is supposed to be limited in power, by the very people who call them selfs American's will awaken a sleeping Giant.
Awaken the Giant from with In, and fight the bullshit that is going on around us.
Rush was right. As a nation, we are young when comparied to other Countries. All other countries have turned to Socialism in some form or another with the UK leading the way.
For being so young, we advance "Life" so much. Liberty, God given Natural Rights, and the Freedom to persue happyness.
Capitalism and this "US" expirement has been hijacket since the 70s.
However, much like the ending to FIGHT CLUB, the system may have to "Fall" in order to rebuild upon those very principles that our founding fathers wrote.
All I can say is the Assult upon the Principles by the very GOV that is supposed to be limited in power, by the very people who call them selfs American's will awaken a sleeping Giant.
Awaken the Giant from with In, and fight the bullshit that is going on around us.
More accounting tricks by college boys.
" Fund accountants resort to a grab bag of tricks to get by. They set unrealistically high expected rates of return to reduce governmentsâ annual contributions. And they use smoothing techniques to paper over investment reverses so they make losing years look like winners.
Accountants do that by averaging gains and losses, usually over a five-year period -- sometimes for as long as 15 years of investment returns "
I betya a few public hangings and they go running back to mama. Don't you get it. You're never going to stop this endless stream of bullshit because they have no fear.
We can fix that.
" Fund accountants resort to a grab bag of tricks to get by. They set unrealistically high expected rates of return to reduce governmentsâ annual contributions. And they use smoothing techniques to paper over investment reverses so they make losing years look like winners.
Accountants do that by averaging gains and losses, usually over a five-year period -- sometimes for as long as 15 years of investment returns "
I betya a few public hangings and they go running back to mama. Don't you get it. You're never going to stop this endless stream of bullshit because they have no fear.
We can fix that.
Can't say I feel bad for all the parasitic Government dog-fucks that went grossly over-paid and under-worked their entire careers....
If there's any solace, however perverse, I find in this looming Depression/Mass Raping: the Boomers, Government sand-baggers and Unions are gonna take it up the ass, just as hard as the average laymen whose carried their degenerate asses for the past X Decades.
Ahahhhahahahahahahahahahahhaahahahahahhaahahhaahahhahahaahahah
OMG...I cant stop laughing.. i just pissed myself...
best line
The misleading numbers posted by retirement fund administrators help mask this reality: Public pensions in the U.S. had total liabilities of $2.9 trillion as of Dec. 16, according to the Center for Retirement Research at Boston College. Their total assets are about 30 percent less than that, at $2 trillion.
With stock market losses this year, public pensions in the U.S. are now underfunded by more than $1 trillion.[b\]
Go Fuck Yourself...everyone of you.. who continue to trust government, with your future, your retirement, your healthcare, your education, your personal protection, the raising of your children,
This shit storm is coming..is for every dumb motherfucker on the planet who wants something for nothing..who wants a guarantee..who wants a security..who wants a free education..free healthcare..free housing..well the only guarantee in life is your gonna die.. and now you are gonna die poor and broke.
But hey who cares because the government will pay for your funeral..
I dont care if everyone of these motherfuckers gets a ration of rice for the next 30 years and a straw mattress as their pension.
Its time to pay.. Those who are responsible..those who can hunt..who are hungry.. who man up..who want to build something real..will survive and prosper..those who cower..who hope..who worry..who look for a savior..chop em up and feed em to the wolves..Darwin is calling.
I totally agree with your sentiment, but believe it would take a very rare, violent or threatening-to-become-very-violent moment before government workers, whether teachers, administrative assistants, city planners, state legislators, whomever....before they give up their pensions.
A government job may be the only stable one if things get bad enough. The government will just keep sucking all the revenue up and distributing in the way our fearless leaders (state and federal, on collusion) see fit.