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alstry (36.24)

Anybody planning for retirement is a Fool......

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October 09, 2010 – Comments (5)

......when our nation is running the largest deficit in human history.....and our nation is depdendent on that deficit to have an economy........if you think that retirement going foward is going to look like retirement in the past....when our country ran a relatively minor deficit and savings were backed by production........you are living in dreamland my sheep.....so keep counting.

We make fun of Greece??????

Greece's total soverign debt is only 4X the government revenues......

America's is approaching 8X.....and the American citizens pay a lot more in taxes than the Greeks....not only that, the private debt in America makes the Greek private debt look like chump change.......and we are cutting off our private sector from credit......

Ask yourself one simple question.....what would our economy look like without a $1.5 trillion dollar deficit funding health care, food stamps, unemployment, welfare and over 20,000,000 government workers??????  What would car sales or home sales be without a deficit.....A MASSIVE DEFICIT.

Then ask yourself...why should any foreign nation accept our currency for their production if our country is simply printing money and handing it to its citizens to pay for it?  Why don't other nations simply print money to buy our production?

That is what these IMF talks are all about....whose currency is worth what relative to the other currencies.......and it is why these are such dangerous times as we Americans have been lied to by our bankers and politicians as they shut our nation down THROUGH A ZOMBULATION POLICY.......

if our currency can't buy much....then any concept of retirement you currently maintain is simply that....a concept......

I warned you to start caring.......soon you will be forced to.........

 

5 Comments – Post Your Own

#1) On October 09, 2010 at 8:13 PM, RonChapmanJr (58.45) wrote:

I'm going to retire at 45.  :)

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#2) On October 09, 2010 at 9:29 PM, HarryCaraysGhost (99.70) wrote:

Ron, Nice I'm looking at 55...:)

Al what's the age your thinking for hanging it up?

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#3) On October 09, 2010 at 10:01 PM, bigkansasfool (69.40) wrote:

Stop drinking the tea party kool aid because I think you're losing it. The blog posting reads like the rantings of a crazy person.

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#4) On October 09, 2010 at 11:13 PM, alstry (36.24) wrote:

Reads like the ranting of a crazy person?  I am a crazy person......and as far the tea party, its problem is that the members still don't understand the consequences of what they are arguing......if they did, they would disband immediately.

There are very few people with true character left...once Buffett became the handout king....I knew the world as we knew it was over.....

Do you know how hard it is to keep up this image?

As far as retirement, about a week after I die.

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#5) On October 10, 2010 at 6:31 AM, tomatoflu (< 20) wrote:

Here is what Beelzebub "himself" has to say about it all.

Beelzebub In America. Part 1

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