Pensions Timebomb in “Slow Motion Detonation” In U.S., EU and Internationally | |
Larry D. Croc User ID: 70736097 ![]() 06/09/2016 06:44 AM ![]() Report Abusive Post Report Copyright Violation | Good observation, Tess. There is an unbelievably high amount of "unfunded liability" plans here in the US that will never be able to payout in accordance with what was promised. Ultimately they'll end up as part of what we call the PBGC (Pension Benefit Guarantee Corporation) and be paid out at pennies on the dollar. The Teamsters Union pensions here in the US are an early example. "Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan |
Anonymous Coward User ID: 64512130 ![]() 06/09/2016 06:45 AM Report Abusive Post Report Copyright Violation | |
Face Palmer User ID: 72352273 ![]() 06/09/2016 06:56 AM Report Abusive Post Report Copyright Violation | INteresting. Thanks. "The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title." Never attribute to malice that which is adequately explained by stupidity. The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women |
Useless Cookie Eater User ID: 29696048 ![]() 06/09/2016 06:58 AM Report Abusive Post Report Copyright Violation | AIG almost went down with Lehmann Bros last time around in 2008. This time, since nothing was fixed and it was made worse by the Obama administration....expect multiple bank failures. Incidentally....AIG holds vast amounts of federal, state and local government pensions... of all types of government workers. This Bubble Is 8Xs Bigger Than The Last One [link to www.thetradingreport.com] ![]() Last Edited by Useless Cookie Eater on 06/09/2016 07:11 AM |
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Anonymous Coward User ID: 70480867 06/09/2016 06:59 AM Report Abusive Post Report Copyright Violation | |
Useless Cookie Eater User ID: 29696048 ![]() 06/09/2016 07:01 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 34331288 ![]() 06/09/2016 07:07 AM Report Abusive Post Report Copyright Violation | The gov't and their central bank masters want your money. All of it. And they will get it. They want you with nothing and fully dependent on them and they will have it. The future has never been so clear to even the most naive person. It's dark and dystopic. An oligarchic technocracy |
Anonymous Coward (OP) User ID: 69524431 ![]() 06/09/2016 07:13 AM Report Abusive Post Report Copyright Violation | |
Useless Cookie Eater User ID: 29696048 ![]() 06/09/2016 07:15 AM Report Abusive Post Report Copyright Violation | |
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Larry D. Croc User ID: 70736097 ![]() 06/09/2016 07:17 AM ![]() Report Abusive Post Report Copyright Violation | Pensions are social security Quoting: Anonymous Coward 70480867 they cant go bankrupt U must mean Retirement Savings??? They only invest in AAA i havnt watched the vid prob bs though You're woefully uninformed. Pensions are NOT Social Security in the sense they're being discussed here. Google is your friend...read, learn, and think before you comment on things you seem to know little or nothing about. "Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan |
Anonymous Coward User ID: 1534487 ![]() 06/09/2016 07:23 AM Report Abusive Post Report Copyright Violation | The gov't and their central bank masters want your money. All of it. And they will get it. Quoting: Anonymous Coward 34331288 They want you with nothing and fully dependent on them and they will have it. The future has never been so clear to even the most naive person. It's dark and dystopic. An oligarchic technocracy I hope you're wrong, but I think you're right. |
Matrix User ID: 71965732 ![]() 06/09/2016 07:24 AM Report Abusive Post Report Copyright Violation | ![]() |
Useless Cookie Eater User ID: 29696048 ![]() 06/09/2016 07:28 AM Report Abusive Post Report Copyright Violation | The Federal Reserve Has Created An Unprecedented Disaster For Pension Funds [link to www.thetradingreport.com] ![]() |
Anonymous Coward User ID: 72357662 ![]() 06/09/2016 07:48 AM Report Abusive Post Report Copyright Violation | When I was a younger man, I had many thousands in "Old Court Savings and Loan" in Baltimore. They were offering 11% interest. Irresistable. Everybody knew Sum Ting Wong, but we put our money down, "BELIEVING" that the FSLIC was covering our bets. Turns out Jeffrey Levitt, the bankster, like Bernie Madoff was running a Ponzi scheme, whose string had just about run out. A little jewish lady came into our place of business one day and said, If anybody here has any money in Old Court, you better get it out now. They're about to go under. That afternoon, I went and got a cashier's check for all I had there and deposited it in the Savings Bank of Baltimore. It cleared and I relaxed. I called my brothers who also had a chunk in there and gave them a heads up. Poo poo. "You're going to miss out on 11% interest on the word of some old jewish woman?" A few days later, the lines formed outside of Old Court Savings and Loan, and a few days after that the doors closed forever. It took my brothers over 3 years to get their money out of the receivers of Old Court S&L. The Moral: Some people know what time it is. Some people don't. When TSHTF most people are going to be caught with their drawers down. They are the same people you hear every day, POO POOING all this doom talk. |
Anonymous Coward User ID: 69632826 06/09/2016 07:49 AM Report Abusive Post Report Copyright Violation | Pensions are social security Quoting: Anonymous Coward 70480867 they cant go bankrupt U must mean Retirement Savings??? They only invest in AAA i havnt watched the vid prob bs though That cuz you are already brainwashed and colly coddled by tptb nwo agenda. Go watch or stfu. A u a fk idiot ive watched every single Max Kesier Vid when he first mentioned Bitcoin its price was 10c now go buy some Bitcoin or sht the fk up! |
Anonymous Coward (OP) User ID: 69524431 ![]() 06/09/2016 07:54 AM Report Abusive Post Report Copyright Violation | Pensions are social security Quoting: Anonymous Coward 70480867 they cant go bankrupt U must mean Retirement Savings??? They only invest in AAA i havnt watched the vid prob bs though That cuz you are already brainwashed and colly coddled by tptb nwo agenda. Go watch or stfu. A u a fk idiot ive watched every single Max Kesier Vid when he first mentioned Bitcoin its price was 10c now go buy some Bitcoin or sht the fk up! do u vn no ful wds? |
Anonymous Coward User ID: 16186429 ![]() 06/09/2016 07:54 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72357436 ![]() 06/09/2016 07:55 AM Report Abusive Post Report Copyright Violation | |
Useless Cookie Eater User ID: 29696048 ![]() 06/09/2016 08:00 AM Report Abusive Post Report Copyright Violation | They are just biding their time to drop the blame on Republicans in 2017. Is the Fed Buying Stocks Outright to Prop Up the Markets? [link to www.marketoracle.co.uk] :ppt: :bushsfault: |
Anonymous Coward User ID: 72318483 ![]() 06/09/2016 08:00 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 55610487 ![]() 06/09/2016 08:02 AM Report Abusive Post Report Copyright Violation | The #1 budget buster in any major U.S. city is elaborate benefits, healthcare costs and unfunded pensions for public sector union workers, the worse being teachers, police and firefighters. Basically, these 3 groups especially are responsible for extorting through any means available, including strong-arm tactics, their special privileged employment status. Common for tax increases to be necessary to exclusively pay off these public sector unions and their elaborate benefits packages, pay, pensions, healthcare costs (often even retirees continue to receive their very generous and inexpensive tax payer funded healthcare packages in addition to generous benefits. |
Anonymous Coward User ID: 72357436 ![]() 06/09/2016 08:05 AM Report Abusive Post Report Copyright Violation | what do you expect when Europe gives for example the financial sector each year 250Billion euro subsidy. Quoting: Anonymous Coward 72357436 Paid for by the British. £350 million per weeks over the past 43 years... We had paid at least £724.464.000.000. We fucking want it back cunts. :trump-FGTgi: UK banks recieve 30Billion pound each year from the european tax payer. 45Billion to German Banks 48Billion to Frenck banks |
Anonymous Coward User ID: 55610487 ![]() 06/09/2016 08:06 AM Report Abusive Post Report Copyright Violation | AIG almost went down with Lehmann Bros last time around in 2008. This time, since nothing was fixed and it was made worse by the Obama administration....expect multiple bank failures. Incidentally....AIG holds vast amounts of federal, state and local government pensions... of all types of government workers. This Bubble Is 8Xs Bigger Than The Last One [link to www.thetradingreport.com] :nyer: AIG = Too Big to Fail....there's a whole list of TBTF. Corporate Welfare is even more obscene than regular welfare. |
Anonymous Coward User ID: 55610487 ![]() 06/09/2016 08:09 AM Report Abusive Post Report Copyright Violation | what do you expect when Europe gives for example the financial sector each year 250Billion euro subsidy. Quoting: Anonymous Coward 72357436 Paid for by the British. £350 million per weeks over the past 43 years... We had paid at least £724.464.000.000. We fucking want it back cunts. :trump-FGTgi: UK banks recieve 30Billion pound each year from the european tax payer. 45Billion to German Banks 48Billion to Frenck banks And are you aware of how much the US Federal Reserve bailed out Euro banks in 2009? Most Americans and probably 99.9% of Europeans are clueless on what really happened and why their economies didn't totally implode. The US Federal Reserve spent TRILLIONS to prevent it. |
Anonymous Coward User ID: 72357436 ![]() 06/09/2016 08:12 AM Report Abusive Post Report Copyright Violation | what do you expect when Europe gives for example the financial sector each year 250Billion euro subsidy. Quoting: Anonymous Coward 72357436 Paid for by the British. £350 million per weeks over the past 43 years... We had paid at least £724.464.000.000. We fucking want it back cunts. :trump-FGTgi: UK banks recieve 30Billion pound each year from the european tax payer. 45Billion to German Banks 48Billion to Frenck banks And are you aware of how much the US Federal Reserve bailed out Euro banks in 2009? Most Americans and probably 99.9% of Europeans are clueless on what really happened and why their economies didn't totally implode. The US Federal Reserve spent TRILLIONS to prevent it. i know. For example 2 Belgian banks recieved 85Billion $ from the federal reserve. 1 of them was sold to the french and the other one was saved by the belgian governement. Even 85Billion was not enough... crazy stuff... |
Useless Cookie Eater User ID: 29696048 ![]() 06/09/2016 08:12 AM Report Abusive Post Report Copyright Violation | AIG almost went down with Lehmann Bros last time around in 2008. This time, since nothing was fixed and it was made worse by the Obama administration....expect multiple bank failures. Incidentally....AIG holds vast amounts of federal, state and local government pensions... of all types of government workers. This Bubble Is 8Xs Bigger Than The Last One [link to www.thetradingreport.com] ![]() AIG = Too Big to Fail....there's a whole list of TBTF. Corporate Welfare is even more obscene than regular welfare. Yep....it was one of them in 2008. BUT....they won't be able to save it this time around. There are MAJOR numbers of government PENSIONS being held by that bank/insurance company. Keep printing and flooding the markets with cash....no worries. /sarc ![]() |
Anonymous Coward User ID: 47607511 ![]() 06/09/2016 08:32 AM Report Abusive Post Report Copyright Violation | Of politicians didn't loot pension systems there would be to much money. This is a ploy to turn the public attention away from corruption. Keep believing the lies that you claim not to be blinded by. It's all planned to control, having money allows people to focus on real issues instead of struggling |