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10 lessons from the government shut-down

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  • Sun, Oct 20, 2013 - 06:57pm

    #1
    ao

    ao

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    10 lessons from the government shut-down

A short but excellent post about the shut-down condensing the salient points and by its brief and potent nature, suitable for passing along to others. 

10 Lessons from the Government Shutdown

And obviously, we're now even more in the hole for paying government employees for work not done.  Simply brilliant.

When our population has increased approximately 3 1/2 fold since 1900 and our government has increased 300 hundred fold (or 30,000%), something is dreadfully wrong.

And on the subject of federal government pensions, my friend's pension is 90% of what he earned during his highest earning year.  So even though he is eligible for retirement, he is continuing to work and thereby, continuing to boost his pension.  As my friend, I am thrilled for him.  As a tax payer, I am outraged.

 

 

  • Mon, Oct 21, 2013 - 08:46pm

    #2
    AndyG

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    Tax payer outrage

I sympathize ao.

I've just finished reading 'The Fourth Turning' and found its message/prophecy dovetails in well with current events. I think it highly unlikely your friend will enjoy the full benefits of his expected pension. Like many things in our current times it is unsustainable…does he know that?

Andy

  • Tue, Oct 22, 2013 - 01:18am

    #3
    ao

    ao

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    AndyG wrote:I sympathize

[quote=AndyG]

I sympathize ao.

I've just finished reading 'The Fourth Turning' and found its message/prophecy dovetails in well with current events. I think it highly unlikely your friend will enjoy the full benefits of his expected pension. Like many things in our current times it is unsustainable…does he know that?

Andy

[/quote]

On the plus side for him, it's a federal pension so they can keep printing and printing and printing to sustain it, unlike a local or statement government pension.  On the negative side, you and I both know it's unsustainable in the long term but, being that he can't withdraw his money and being that I want to stay his friend and don't want to be the one to burst the illusion that keeps him happy for the time being, I haven't done more than hint.  So no, I don't think he knows that. 

  • Wed, Oct 23, 2013 - 09:49am

    #4
    SPAM_Justine14

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    This is absolutely right

A brief summary of government shut down. You are right. People create an income by doing the same thing, but never claim it as my own.

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  • Wed, Oct 23, 2013 - 09:52am

    #5
    SPAM_Justine14

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    This is absolutely right

A brief summary of government shut down. You are right. People create an income by doing the same thing, but never claim it as my own.

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  • Wed, Oct 23, 2013 - 09:53am

    #6
    SPAM_Justine14

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    This is absolutely right

A brief casino slots online summary of government shut down. You are right. People create an income by doing the same thing, but never claim it as my own.

 

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