Are We Incompetent Sheep?
May 23, 2010
– Comments (3)
Ever since the bankers cut us off of credit....we can't generate enough revenues to support government......just in the time since we were cut off, the deficit has skyrocketed to approaching $2 trillion....almost half of China's GDP and that doesn't even include the $1.5 trillion Wall Street firms borrowed last year.
but don't let that bother you...the government and bankers can borrow as much as they want from each other to pay themselves while the sheep lose jobs and get kicked out of their homes.....
you Foolish sheep think the Greeks are spoiled for retiring at 53?...try this one on for size:
In Yonkers, more than 100 retired police officers and firefighters are collecting pensions greater than their pay when they were working. One of the youngest, Hugo Tassone, retired at 44 with a base pay of about $74,000 a year. His pension is now $101,333 a year.....
Some will receive the big pensions for decades. Thirteen New York City police officers recently retired at age 40 with pensions above $100,000 a year; nine did so in their 30s.
http://globaleconomicanalysis.blogspot.com/2010/05/padded-pensions-and-what-to-do-about.html
You gotta luv it....if you are in the private sector and you don't generate enough money....you lose your livlihood and your home...but if you work for government or Wall Street...its OK.....they just keep lending money back and forth to each other to pay their respective workers while the rest of the nation shuts down.
Morality has broken down in America.......
Can you imagine how upset the sheep are going to get once they figure out the racket?
Retiring with a full pension at 39? You wonder why our pension are bankrupt.......
We simply no longer generate enough money to live our current lifestyle without borrowing trillions of dollars each year.......now the only question is how will the sheep be told?
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