alstry (35.69)

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#1) On August 17, 2010 at 7:40 PM, alstry (35.69) wrote:

Remember.....this was ALL ENGINEERED by Benny Bin Bernanke's Zombulation Plan......

Instead of buying the mortgage from the bank for $200K....it would have been just as easy to loan the money to the homeowner at the same terms being offered to banks and have the homeowner pay off the bank......

the government would have been in the exact same position but would have owned a mortgage that was performing......

BUT WHAT YOU SHEEP DON'T UNDERSTAND IS AMERICA, AND THE INDUSTRIAL AGE IS INTENTIONALLY BEING SHUT DOWN AND OUTSOURCED..........

and some of you are counting on your success in 2011?

heck, as Denninger reports.......good luck if you get your pension.....

More Ill-Noise (And Other States): PENSIONS

 

Better read this all you in some sort of state employee union....

The opinion acknowledges that the constitution creates a contractual agreement between the workers and the state's employee pension funds. But it concludes that neither the constitution nor the law say the state is a guarantor of that obligation.

Got that?

For those who don't want to read the whole article (you should), it basically means that:

Yes, The State has a contractual relationship with the pensioners.

No, the obligation does not extend beyond the pension fund's resources.

That is, The State cannot steal the pension money.  But it is not obligated to stand behind a bankrupt pension fund that runs out of money and is unable to meet it's obligations.

What's better is that the PBGC doesn't provide any safety against such a condition either - PBGC options exist only for private pensions, not public ones.

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#2) On August 17, 2010 at 7:45 PM, guiron (21.45) wrote:

OK, so why should I take advice of any kind from someone who thinks of everyone else as "sheep?" Clearly, we're too stupid to understand what you're talking about.

You talk down to your audience, like you have better things to do. So, why not do those things instead? I'm sure we'll be sheep either way.

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#3) On August 17, 2010 at 7:48 PM, ragedmaximus (< 20) wrote:

but the market was up 175 today with no volume.Ok FOOLS get the F out of the market now!Dont be stubborn 2008 can and is going to happen again! Get on the bench.Nobody ever got hurt sitting on the sidelines.go to youtube tony robbins economic warning video 1 and 2.He has been a personal life coach for the last 20 years to some of the worlds greatest investors and he knows what he is talking about so watch them!I lost tons in 2008 and it's not happening again!

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#4) On August 17, 2010 at 7:51 PM, alstry (35.69) wrote:

Now America shuts down.....just moving along right according to the Zombulation plan.....and just wait until the "rich" learn that they are liable for the nation's debt....especially the trillions we borrowed and guaranteed over the past year making them think they were still rich...once the info is out, they will not think they are so rich anymore.....

Bankruptcies Reach Nearly 5-Year High...

Keep watching the ticker.....tick, tock, tick....

2011?  We are bankrupt, and until we restructure........no one including Alstrymous has any idea how we move forward.....

BUT once we restructure, I will be the most positive Fool you have ever seen.....

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#5) On August 17, 2010 at 7:56 PM, ragedmaximus (< 20) wrote:

tony robbins economic warning video made aug 3 2010 watch it!!!!!!!!!!!!!!!!

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#6) On August 17, 2010 at 7:59 PM, ragedmaximus (< 20) wrote:

have you read the headlines lately wallstreet bonuses with our bailout tax dollars! and the teachers and students must pack F...ing  TOILET PAPER!!! we are being robbed by the fed and the bankers one taxed bailout dollar at a time!!!!!!!!!!!!1

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#7) On August 17, 2010 at 8:01 PM, ragedmaximus (< 20) wrote:

the school cuts are so bad now they have to bring their own toilet paper!WTF is that!!!!

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#8) On August 18, 2010 at 8:08 AM, JerseyShoreGirl (< 20) wrote:

Raged .. I saw the Tony Robbins video a few days ago and I had the same reaction you did .. it's not his job to warn people .. i took it as a huge warning because he is around so many insiders .. also, does anyone here follow Terry Laundry (T theory) .. my husband follows him closely and he's keeping a close eye on 8/26-28 ..

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