alstry (35.76)

CRAZY TIMES FOR FOOLS!!!!!

March 25, 2010 – Comments (2)

You have to admit....these are crazy times.....our economy being propped up by Pension recipients, Social Security recipients, food stamp recipients, unemployment recipients, government workers, health care workers who receive the majority of their income from government payments, and government contractorers who get paid by the government or those whose incomes are primarily derived serving above....

THE ABOVE CONSTITUTE THE MAJORITY OF OUR POPULATION AND THE VAST MAJORITY OF OUR ECONOMY.....ALL DEPENDENT ON GOVERNMENT SPENDING AND SOLVENT PENSION FUNDS BUYING OUR DEBT AND EQUITY SO THE SYSTEM DOESN'T CRASH.

The only problem is government does not have the money to pay much of the above and Wall Street has cut off the private economy from credit.

As a result, our private economy is in a Depression, tax receipts to government are all but gone but for the taxes being paid by government workers, and our pensions are being forced to keep the game going by buying stocks and bonds regardless of fundementals..........

until we find out pensions are simply a collection of toxic debt that can't be serviced unless we INCREASE the flow of funds into our pensions by RAISING the incomes and pension fund contributions of government workers.

Our private economy is dying while we cheer on the stock market being supported by a massive inflow of borrowed money into our pension funds..........MONEY THE PRIVATE SECTOR DOESN'T GET.....

Our cities are shutting down.....our states are out of money......our nation is being outsourced while the consciousness of the American people focuses on the ticker supported by our bankrupt pension funds......VERY INTERESTING TIMES INDEED AS WE LOOK AHEAD AND THE FUTURE FOR OUR CHILDREN.

NY Paterson Authorizes Emergency Funding in Anticipation of a Late Budget

Social Security To See Payout Exceed Pay-In

Stall in Housing Market Threatens Economy 

Newspaper Ad Revenues Plummet to 1986 Level 

20 Ways Healthcare Take Away our Freedoms

All LA City Libraries to Close on Sundays

KEEP WATCHING THE TICKER.......ASK YOURSELF, WHAT WILL YOU INVEST IN IF IT CRASHES?????????