Wednesday 22 January 2014
Congress only wants to help...................from Rico
This idea has been 'floated' in Congress before, and they're talking about it again.
- Retirement Crisis?
Of course these mensa candidates completely ignore the real 'crisis' (that the government is insolvent, that half of Americans have no savings for retirement, that the 37.2% who are really unemployed -vice the reported 6.7%- have no jobs to save money for their retirement, and that thanks to ObamaCare the burger-flipping class is now working part-time, well...I could go on, but you get the idea), and create a PHONY 'crisis' to solve as a 'cover for action' to achieve wat they want. Money. More finely put: YOUR money.
- Whenever a politician's lips are moving, no matter what he/she may seem to be saying, what they are actually talking aout is money. Your money.
IF you have faith and trust in the integrity, lawfulness, and intelligence of Congress stop reading right here. Do not go further.
On the other hand, if you have a view of these parasites that is even remotely close to Mark Twain's*, you had best start paying attention. Sure, they will make it sound boring and benign. It won't be, at least if you have any retirement money and/or plans for that money.
- So do they. They want it.
There is one remaining pool of untapped cash left in America. Retirement money. Pension funds, IRA's, etc are sitting on top of a huge pile of money. Money that a spendthrift Congress wants, but first needs to get its hands on.
- Like pigs rooting for truffles, so are Congress-critters rooting for cash to spend.
In simple terms, their 'plan' is this: They will do for retirement what they just did for Thomas Edison's light bulb, namely put it out.
- They will trade you "safe bonds" [read: worthless paper IOU's] in exchange for your retirement money. Of course this is to 'protect you from your own money'....for your own good, of course. "Trust me, I'm from the Government, and I'm here to: [insert as needed - help you; save you; look after you]."
*Mark Twain said it best, and it is more true today than it ever was:
"No man's life, liberty, or property are safe while the Congress is in session."
From Theo Spark at 15:57
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1 comment:
This sounds similar to the recent spate of reverse mortgage advertising I have been seeing lately. I'm sure it's not new. We pay you for your house, you stay in it until the money runs out, then we take it, sell it for a profit, and you screw your own kids. Oh if you run out of money before you die, too bad. sounds legit to me.
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