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alstry (35.09)

Have Politicians, Bankers, and Doctors Priced Themselves Out of a Job???

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April 02, 2010 – Comments (3)

Mayor Antonio Villaraigosa once organized for a teacher's union here, and later ran a branch of the American Federation of Government Employees. That makes him an unlikely advocate for cutting the benefits of the city's workers.

But with the city facing a budget deficit that could drain its reserves by summer, Mayor Villaraigosa wants to re-open contract talks with 45,000 cops, firefighters, librarians and other city employees in hopes of persuading them to contribute more to their pensions and health-care costs. His deputy chief of staff, Matt Szabo, puts it bluntly: "Unions have priced themselves out of a job."

http://online.wsj.com/article/SB20001424052748704059004575127991641216702.html

As you are now learning....over 50,000,000 Americans consisting of most government workers, health care workers, Wall Street financed, and financial services workers get paychecks simply because they or their employers can borrow from our Pension Funds at near zero percent interest while the private economy must pay much higher rates if they are even able to get credit at all.

Basically America is being divided between the Private Sector which is in a depression and Wall Street and Wahington booming because they are borrowing from our retirement accounts for practically free and paying savers almost nothing for the privelege.

Americans are finally waking up as frustration is becoming palpable with formation of misguided groups like the Tea Parties.   In the end, we will all find out that this was one big engineered Ponzi Scheme of borrowing from our retirement accounts to employ a special segment of the population with wonderful salaries and benefit packages.

It is only a matter of time before our retirement savings runs out................................................

If you really think about it, right now the primary source of new employment in America is hiring people to count other people.....now that is change we can believe in;)

Pres. US would go Bankrupt Without Health Care Changes

Mr. President...the U.S. would be bankrupt if it wasn't draining our pension funds dry!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Georgia Loses 600 Child Care Centers in 2009

3 Comments – Post Your Own

#1) On April 02, 2010 at 5:16 PM, alstry (35.09) wrote:

WE BETTER COME UP WITH SOMETHING BEFORE THE PENSION FUNDS RUN DRY!!!!!

Thousands of U.S. homes tainted by Chinese drywall should be gutted, according to new guidelines released Friday by the Consumer Product Safety Commission.

The guidelines say electrical wiring, outlets, circuit breakers, fire alarm systems, carbon monoxide alarms, fire sprinklers, gas pipes and drywall need to be removed.

"We want families to tear it all out and rebuild the interior of their homes, and they need to start this to get their lives started all over again," said Inez Tenenbaum, chairwoman of the commission, the federal agency charged with making sure consumer products are safe.

About 3,000 homeowners, mostly in Florida, Virginia, Mississippi, Alabama and Louisiana, have reported problems with the Chinese-made drywall, which was imported in large quantities during the housing boom and after a string of Gulf Coast hurricanes.

The drywall has been linked to corrosion of wiring, air conditioning units, computers, doorknobs and jewelry, along with possible health effects. Tenenbaum said some samples of the Chinese-made product emit 100 times as much hydrogen sulfide as drywall made elsewhere.

The agency continues to investigate possible health effects, but preliminary studies have found a possible link between throat, nose and lung irritation and high levels of hydrogen sulfide gas emitted from the wallboard, coupled with formaldehyde, which is commonly found in new houses.

U.S. Sen. Bill Nelson, D-Fla., said now the question is who pays to gut the homes.

"The way I see it, homeowners didn't cause this. The manufacturers in China did," Nelson said. "That's why we've got to go after the Chinese government now."

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#2) On April 02, 2010 at 5:25 PM, alstry (35.09) wrote:

At some point...the revenues are so low that taxes and our retirement accounts simply don't have the funds to make up the difference.........

Missouri's March Revenues Collections Falls 18%

AND THAT IS AFTER WALL STREET AND GOVERNMENT BORROWED OVER $2 TRILLION LAST YEAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It is basic math of a basic ponzi scheme unraveling.

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#3) On April 03, 2010 at 9:00 AM, carfun (< 20) wrote:

I predict that early in his second term Obama will nationalize the health care system. All doctors will be government employees--no more overbilling. Medicare problem? No problem, since the system is government owned costs are now controlled. Problems with insurance? Gone. We will all have the same great care provided by the VA system and a business model based on the USPS. Of course The Walter R Hospital will be maintained as a special facility for treatment of the president, representatives and their families.

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