Congratulations Chumps

[madfranks]

Now this is a high school commencement speech I would love to see!

https://www.lewrockwell.com/2015/05/bill-bonner/congratulations-chumps/

You are heirs to claptrap, nonsense, bogus theories, and trillions of dollars in debt.

The systems, programs, and institutions your parents set up are mostly worthless scams. Worse, they produce outcomes contrary to their stated goals.

Welfare programs do not help people escape poverty; they keep them mired in it.

Health care programs do not make them healthy; they make them dependent on the drug industry.

Defense industry spending doesn’t make us safer; it funds drones, bumbling interventions, and assassinations… and it creates more foreign enemies.

We end up not only poorer, but also less secure.

All of those assertions take more time to explain and prove than we have time for now. But here’s a little example that you will appreciate…

25 Years of Poverty

Under President Johnson, the government set up the Federal Direct Student Loan Program to provide “low-interest loans” (back then, “low” meant 8%) to students.

Private lenders make the loans, but they receive the full backing of the feds.

The idea was to help you afford higher education… and earn larger salaries as a result. And with your increased earnings you were supposed to be able to pay off the loan.

But at over 11% of outstanding debt, the Student Loan Program now has the highest delinquency rate of all forms of household debt (mortgage loans, auto loans, credit cards).

And it will probably go much higher… as students take on more debt. Total outstanding student debt is expected to bubble up to $3.3 trillion by 2025.

What do you do if you can’t pay?

Well, the feds have a solution for you. The trouble is, it turns you into the very thing the program was meant to avoid.

Here’s how it works…

As long as your income is low, you are allowed to make small token payments every month. Keep this up for 300 payments and your debt is considered satisfied, no matter how little you paid.

In other words, the Student Loan Program encourages you to live in poverty for a quarter of a century to get rid of your student debt.

Most likely, this will be easy for you to do anyway.

First, because most college degrees do little to make you more valuable to employers.

Second, because your parents’ rigging of the economy will make it difficult to make any financial progress anyway.

The median household income – after you account for inflation – has been falling since the late 1990s. And good jobs are hard to get. There are fewer “breadwinner” jobs today in America than there were in 1999.

And you can forget about starting your own business. The rate of new start-ups is collapsing. (Remember from last week that the U.S. ranks 46th on the World Bank’s list of the easiest countries in which to start a business.)

You can thank your parents for that, too. The system is designed to protect them, their Social Security benefits, their health care, their stock market portfolios, and their businesses.

Protect them against what?

Against you!

You are the future. You are the competition. You are the ones who should want to shake things up and tear down the walls of bureaucracy, taxes, paperwork, and regulation that make it so difficult for you to start new businesses, get good jobs and build real wealth.

You should be talking revolution – overthrowing your parents’ multitrillion-dollar debts and pulling out of their wars on poverty, illiteracy, Iraqis, Afghans… you name it.

You need to stop these silly, pointless, and expensive programs so you can have the resources to pay for your own programs and launch your own stupid wars.

You need to get rid of your parents’ zombies – the millions of unproductive people who get money from the government – so you can afford your own families… your own pet projects… and zombies of your own.

A Suicidal System of Credit

You need to stop your parents’ suicidal credit-based money system, too.

You don’t know about this, do you?

Your professors of government, politics, economics, and finance didn’t mention it, did they?

Well, the system is corrupt and self-destructive. It works only by increasing the amount of debt in the society – including student debt.

And it works only until the debt bubble gets so big it blows up.

But there’s a logic to it… a sinister logic that turns you into chumps for older generations.

Spending on credit favors the existing owners of capital… and people who have existing claims on the government money.

Let me explain…

When the government borrows money it gives the money to a zombie to spend, or it spends it directly.

Usually, the money goes to an older person – your parents or grandparents – in some form of social welfare subsidy, pension, job, contract, or support program.

When they spend the money, it goes into the coffers of corporations. This increases profits… and share prices.

Who owns those corporations?

Do you?

You don’t?

Then who does?

Your parents and grandparents benefit again. They are the owners of the nation’s financial assets. By increasing credit, they shift real wealth from the future to the present… and from you to them.

This is the money you haven’t earned yet.

I’ll spell it out for you: The government borrows a dollar. It gives the dollar to one of its pet zombies. (It could be a health researcher, a drug addict, or somebody who makes bombs.)

The money goes – one way or another – to a corporation, which registers it as a sale.

If it has a 10% profit margin, 10 cents is recorded as a profit. If it sells at a price-to-earnings ratio of 20 times, its stock price goes up $2. This makes the owner of the stock – it could be one of your parents – $2 richer. (I’m oversimplifying… but you get the point.)

But the government now owes $1 more. And who’s going to pay it?

You are!

Your parents and grandparents are retiring… and collecting their Social Security and health care benefits. They think they will be able to sell their stocks, too… and their houses… and have even more money to spend.

Time to Wipe the Slate Clean

Now, it’s up to you…

You need to get a job so you can pay for their health care benefits. You need to pay your taxes so they can keep their wars going. You need to buy a house, too, so they can move to Florida and retire.

You need to vote for their candidates… work for their companies… and pay their bills.

This is the test you face. You are arriving in the economy at the tail end of a 60-year credit expansion.

Debt has boomed. The economy has boomed. We, your parents, enjoyed an economic expansion that began when we were born and continued, with only short interruptions, until we retired.

We got out of school with little or no student debt. We could start businesses with fewer impediments. We could borrow money to fund our businesses and our lives. We could hire, fire, switch jobs… buy and sell houses… move from place to place.

We were freer – and richer – than you will be…

…unless you can wipe the slate clean of our debts… our foolish wars and dumbbell programs… and our attempts to hold back the future and prevent you from living rich, full, free lives of your own.

If you don’t rise to this challenge, you will inherit our bills, our regulations, our restrictions, our obligations, our delusions, our prejudices, and our vanities.

You will also inherit a financial crisis – worse than the crisis of 2008 – and a long and grinding economic slump.

The debt expansion of the last 60 years will turn into a dreary debt contraction, possibly dragging the economy into another Great Depression.

Either you find a way to shuck off, default on, or inflate away your parents’ debts… or you’ll stagger under the weight of them for the rest of your lives.

Either you break free from the jackass things your parents have done to you… or you deserve what you get.

Congratulations, chumps.

[Twisted Titan]

He in the right church but is sitting in the wrong pew.

Parents arent to blame...they were duped just like the rest and are being propped up like they patsy and lemmings are falling for it.

I have probally been awake less then15 years.are you going to shit on me for the 30 years in fed the beast system?

My point is learn the difference between who is the archietect and who is just a builder.

[Glass]

we have a growing awareness and hunger for fixing these kinds of things. Mostly the generation that raised the current graduating generation. There are gatherings, meetups and seminars you can go to now where information is getting properly prepared so people can learn in an orderly way and have references to their rights and examples of how they can see they are respected. There is a big focus on getting teenagers along to these things to give them the information now, so they can think about it and maybe they can have it in their minds and change the future as they start to go out there. The information is a lot like the above. debt money, strawman, current legal system is private law - make your own, how to operate privately, dealing with highway men and other extortionists. Restoring limited government, It's a trickle for sure but trickles can become floods.

I agree the blame is a negative but the message is good. Lets just fix it.

[madfranks]

He in the right church but is sitting in the wrong pew.

Parents arent to blame...they were duped just like the rest and are being propped up like they patsy and lemmings are falling for it.

I have probally been awake less then15 years.are you going to shit on me for the 30 years in fed the beast system?

My point is learn the difference between who is the archietect and who is just a builder.

One thing he's got absolutely right is the current system is intended to benefit the current owners of things. For instance, the Fed printing $80 billion a month to prop up the real estate market is causing home values to skyrocket. Who benefits from that? People who own homes, such as parents and grandparents. Who suffers? Young kids trying to buy their first home. A home that cost your parents $100k now costs $350-400k.

Another example. The fact that the Fed has suppressed interest rates to zero, allowing banks and speculators to borrow huge amounts of brand new money with nowhere to go but into the stock market, causing the stock market to rocket up. Who benefits? The current owners of stocks, your parents and grandparents, and the ultra rich. Who suffers? Young people who are just now trying to start a retirement fund and their hard earned dollar can't get them a portfolio that even compares to the portfolios of people borrowing trillions at 0% interest.

[madfranks]

Another point. My grandparents on my wife's side are retired and they live off of their stock market portfolio. They make more money every day in the rising value of their stocks than I make working my ass off morning and night. Is it because their stocks represent companies producing more product, increasing the actual real wealth of the world? No, their stock values are going up because of all the newly printed money pumping up this giant wall street bubble. I love my grandparents, but they are living on money borrowed against me and my kids' futures.

[Glass]

Another point. My grandparents on my wife's side are retired and they live off of their stock market portfolio. They make more money every day in the rising value of their stocks than I make working my ass off morning and night. Is it because their stocks represent companies producing more product, increasing the actual real wealth of the world? No, their stock values are going up because of all the newly printed money pumping up this giant wall street bubble. I love my grandparents, but they are living on money borrowed against me and my kids' futures.

It seems pretty bad but again, the systems twisted that way now. They probably believe these investments are productive and contribute to the economy like they would have done in the past. That time has long gone but people still think like that, believe that. The retirement investments I dislike the most are banks. And when oldies brag about those investments.......

[Serpo]

BUT BUT BUT i THOUGHT IT WAS ALL THE BOOMERS FAULT ....HAHAHA

[Heisenberg]

Another point. My grandparents on my wife's side are retired and they live off of their stock market portfolio. They make more money every day in the rising value of their stocks than I make working my ass off morning and night. Is it because their stocks represent companies producing more product, increasing the actual real wealth of the world? No, their stock values are going up because of all the newly printed money pumping up this giant wall street bubble. I love my grandparents, but they are living on mToney borrowed against me and my kids' futures.
The one HUGE advantage we as white America have over the millions of illegals and blacks is that WE have inheritances...be careful what you wish for. A few kind gestures to those that have the money can mean real estate at a stepped up tax value lands in your hands.... Stepped up means that that house they bought for 100K that is now worth 500K will transfer to heirs at a 500K value. If you sell at 500K NO CAPITAL GAINS TAXES. And then the question comes, who is likely to actually give you something, your elders or the GOV?

[Glass]

The one HUGE advantage we as white America have over the millions of illegals and blacks is that WE have inheritances...be careful what you wish for. A few kind gestures to those that have the money can mean real estate at a stepped up tax value lands in your hands.... Stepped up means that that house they bought for 100K that is now worth 500K will transfer to heirs at a 500K value. If you sell at 500K NO CAPITAL GAINS TAXES. And then the question comes, who is likely to actually give you something, your elders or the GOV?

That isn't really inheritance. True inheritance is unencumbered by civil or equitable claims. Paying capital gains or inheritance taxes is a contradiction to the purpose of inheritance.

contradiction is not the best word to use. I thought of anathema. Neither is ideal IMO.

[Heisenberg]

That isn't really inheritance. True inheritance is unencumbered by civil or equitable claims. Paying capital gains or inheritance taxes is a contradiction to the purpose of inheritance.

contradiction is not the best word to use. I thought of anathema. Neither is ideal IMO.
maybe you didn't read the part about stepped up value.

[Glass]

maybe you didn't read the part about stepped up value.

yes I did, but the application of a code or staute to inheritances renders them not truly inheritances. They are molested by word or action. At best it is quasi.

[Dogman]

Inheritance laws suck rotten rhubarbs!

Depending on the country and degree!


;)

[Jerrylynnb]

Listen up, young squirts.

I was a war baby - that is, I was born just as WW2 was just getting started. When I got old enough to get a wage-earning job (at 50 cents/hour for damn hard brow-sweating work), I HAD to fill out Social Security forms, and, whether I liked it or not, THEY TOOK IT OUT! I had no (that is NADA, ZERO, ZILCH) choice in the matter.

And when it came time to start my career, I bargained with various companies to find one that would PROMISE a retirement of sorts. Got that? I turned down offers for more monthly income and accepted less so that I would have at least something of a retirement income.

So, anything I get (and it is very little in this day and age), is NOT a gift. I earned every damn penny of the pittance I got to live on now.

I ain't complaining. No sir. I ain't plotting for more. No sir. But I sure resent anyone suggesting that I am getting something for nothing, or that I am getting something I don't have full rights to. I am old - way to old to hold down a real job. To boot, I ain't worth a plumb nickle anyways. So I am at the mercy of whatever piddling wealth I managed to put away during the years when I was worth something and I held back from the mountains of debt that was always being pushed into my face (I did without - what a concept!).

I don't need the youth of today to be getting any ideas that the meager funds I live on now are somehow ill-gotten gains, or a gift, or something that is not rightfully mine and thank you very much.

Let us old-fart warbabies live in peace on what little we got comin' to us and I'll die soon enough. 'Deal!

[Dogman]

Listen up, young squirts.

I was a war baby - that is, I was born just as WW2 was just getting started. When I got old enough to get a wage-earning job (at 50 cents/hour for damn hard brow-sweating work), I HAD to fill out Social Security forms, and, whether I liked it or not, THEY TOOK IT OUT! I had no (that is NADA, ZERO, ZILCH) choice in the matter.

And when it came time to start my career, I bargained with various companies to find one that would PROMISE a retirement of sorts. Got that? I turned down offers for more monthly income and accepted less so that I would have at least something of a retirement income.

So, anything I get (and it is very little in this day and age), is NOT a gift. I earned every damn penny of the pittance I got to live on now.

I ain't complaining. No sir. I ain't plotting for more. No sir. But I sure resent anyone suggesting that I am getting something for nothing, or that I am getting something I don't have full rights to. I am old - way to old to hold down a real job. To boot, I ain't worth a plumb nickle anyways. So I am at the mercy of whatever piddling wealth I managed to put away during the years when I was worth something and I held back from the mountains of debt that was always being pushed into my face (I did without - what a concept!).

I don't need the youth of today to be getting any ideas that the meager funds I live on now are somehow ill-gotten gains, or a gift, or something that is not rightfully mine and thank you very much.

Let us old-fart warbabies live in peace on what little we got comin' to us and I'll die soon enough. 'Deal!

Second thanks!

[Glass]

Listen up, young squirts.

I was a war baby - that is, I was born just as WW2 was just getting started. When I got old enough to get a wage-earning job (at 50 cents/hour for damn hard brow-sweating work), I HAD to fill out Social Security forms, and, whether I liked it or not, THEY TOOK IT OUT! I had no (that is NADA, ZERO, ZILCH) choice in the matter.

And when it came time to start my career, I bargained with various companies to find one that would PROMISE a retirement of sorts. Got that? I turned down offers for more monthly income and accepted less so that I would have at least something of a retirement income.

So, anything I get (and it is very little in this day and age), is NOT a gift. I earned every damn penny of the pittance I got to live on now.

I ain't complaining. No sir. I ain't plotting for more. No sir. But I sure resent anyone suggesting that I am getting something for nothing, or that I am getting something I don't have full rights to. I am old - way to old to hold down a real job. To boot, I ain't worth a plumb nickle anyways. So I am at the mercy of whatever piddling wealth I managed to put away during the years when I was worth something and I held back from the mountains of debt that was always being pushed into my face (I did without - what a concept!).

I don't need the youth of today to be getting any ideas that the meager funds I live on now are somehow ill-gotten gains, or a gift, or something that is not rightfully mine and thank you very much.

Let us old-fart warbabies live in peace on what little we got comin' to us and I'll die soon enough. 'Deal!

what you didn't do was operate your government correctly and it went rogue. The boomers all went and got stoned on pot and booze, tuned out and dropped acid. Then went and got corporate jobs, all the while claiming... falsely that they protested for freedom and rights. Bullshit. IT was nothing but a Government psyop to diffuse the energy of the masses and make them feel good about themselves.

But it's ok. We are trying to clean up the mess or at least give the next generation the tools to go forward. We might be successful but we may not. It's pretty late in the game.

[Serpo]

Listen up, young squirts.

I was a war baby - that is, I was born just as WW2 was just getting started. When I got old enough to get a wage-earning job (at 50 cents/hour for damn hard brow-sweating work), I HAD to fill out Social Security forms, and, whether I liked it or not, THEY TOOK IT OUT! I had no (that is NADA, ZERO, ZILCH) choice in the matter.

And when it came time to start my career, I bargained with various companies to find one that would PROMISE a retirement of sorts. Got that? I turned down offers for more monthly income and accepted less so that I would have at least something of a retirement income.

So, anything I get (and it is very little in this day and age), is NOT a gift. I earned every damn penny of the pittance I got to live on now.

I ain't complaining. No sir. I ain't plotting for more. No sir. But I sure resent anyone suggesting that I am getting something for nothing, or that I am getting something I don't have full rights to. I am old - way to old to hold down a real job. To boot, I ain't worth a plumb nickle anyways. So I am at the mercy of whatever piddling wealth I managed to put away during the years when I was worth something and I held back from the mountains of debt that was always being pushed into my face (I did without - what a concept!).

I don't need the youth of today to be getting any ideas that the meager funds I live on now are somehow ill-gotten gains, or a gift, or something that is not rightfully mine and thank you very much.

Let us old-fart warbabies live in peace on what little we got comin' to us and I'll die soon enough. 'Deal!

You did the right thing and few see how important retirement time really is.

I am in a similar position to you

Well done , a good recipe for younger people.

Silver or gold is a good way to save as it becomes hard to part with when exchanging it for cash.

[Dogman]

what you didn't do was operate your government correctly and it went rogue. The boomers all went and got stoned on pot and booze, tuned out and dropped acid. Then went and got corporate jobs, all the while claiming... falsely that they protested for freedom and rights. Bullshit. IT was nothing but a Government psyop to diffuse the energy of the masses and make them feel good about themselves.

But it's ok. We are trying to clean up the mess or at least give the next generation the tools to go forward. We might be successful but we may not. It's pretty late in the game.

For many of us it was a different age that we were raised in, unlike now! Most of us did not wakeup from trusting until later in life because we were raised to trust the gov. It was only for me after the Viet Nam war and Nixon that got me thinking!

Also today as in the past the ones that can see the Truth stand as much chance to change anything as long as we are in the tiny minority of less than maybe 1% and our numbers maybe smaller!

Like a piss ant trying to stop an elephant!

Hind sight is 20/20, foresight not so much, crystal balls that work are as rare as hen's teeth!

One or a few voices can not be heard when the majority do not listen. Been this way for millenniums before now!

Only since the internet became mainstream that now things have a chance to change, and people of like mind's can find each other but the hard part is to make people listen.

Worked my ass off all my life and have the scars to prove it and have tried my best to do right by and for this country and it pisses me off to be lumped into the blame of something I had a Pissants ability to stop that elephant to change a dam thing.

Out!

[Glass]

I never trusted anyone with "Authority" from the get go, for a reason. There is none. Shiny badges and fancy clothes do not empower someone with authority. A child should be able to see that.

What grates with me is the complaining about how it's a struggle to make do in retirement with the pension. My generation don't get a pension. The ones that come after me don't either. I have no prospect of retiring. It is not possible for me, short of a windfall (which won't be materialising) of retiring at all. I have to hope that I will die before retirement age comes because when it does. I am out on the street. Then its hospital/hostel (maybe) and a death panel. I'd rather drop dead on my feet than be murdered by a hospital worker who gets paid a bonus for offing me.

The reason your pensions are so meager and insufficient is because it all got stolen. But thats ok, boomers been taking the easy path their whole lives, lets not change it now.

[Dogman]

Glass had not a clue it is that bad in Australia!

But I have to admit I am clueless and baffled about how your government work's, hell I get lost trying to understand cricket if you play that game in your country!

Question? Is your government still socialists?

Same thing will happen here it is just a matter of time!

[Glass]

I should point out that people have compulsory superannuation plans here or IRA's I guess in US speak. You get taxed at 15% paying in and 15% taking out.

These started just as my working life commenced but never really applied in any job I have had. You have to be a regular worker to get one and I was always a manager of this or that. That just meant I could not join a union and I was not paid by the hour so if I worked 40 hours or 80 hours I got paid the same. My regular hours were 70 - 80 hours. Now days they are less but still no "super" (annuation). I simply could not afford to contribute to one if I had one. And I still have to pay taxes at the regular rate... which by socialist logic would include the amount for a Government guaranteed pension which they won't be providing.

I still have the tax burden but none of the benefit.

[palani]

Anything the mind might conceive the mind can provide. The current state of government and economy is nothing more than a construct of the mind. The movie MATRIX got as close to the topic as I have heard expressed. The WIZARD OF OZ also expressed the same concept. If it is in your mind then the entire matter is within your control. Your unconscious mind works on solving your problems but your memories are a handicap to solving these same problems. The difficulty is that the unconscious mind takes time to process information that it has coming to it and memories are by far the strongest signals it gets.

That said ... the present monetary system is corporate. The money is corporate and anything not considered corporate is considered TRUST. You may certainly possess the components (gold and silver for example) that makes for a common law system but you cannot be taking benefits from the corporate enterprise on one side and proclaiming your common law heritage on the other. This is fence straddling and people get placed in gray bar hotels for doing it.

A solution ... mathematically it is called SUPERPOSITION. http://en.wikipedia.org/wiki/Superposition_principle . The output of any system is the sum of all the inputs. If the system is corporate you figure out how to drop your inputs to the corporate world to ZERO and make your requests to the corporate world entirely NULL.

[Glass]

succinctly put palani. This is the only course of action. I have half the equation sorted - the no benefits from giverment part. Just need the second part. I am on the path of investigating a private foundation although avenues so far appear to require at least 2 parties and I am only one. I have made more progress this year than in the past 6 or so in discovering what is required.

[palani]

succinctly put palani. I am on the path of investigating a private foundation although avenues so far appear to require at least 2 parties and I am only one. I have made more progress this year than in the past 6 or so in discovering what is required.

I believe any solution you might construct will require help (two people are required to contract and the contract is going to be the basis for any construct). All you need is someone with a desk and chair and someone with a silver coin.

Once your solution is created the problem now becomes to realize that you can never own anything in the political structure. If you do the politic is going to want a bribe annually to allow you to continue to own that thing. Think of it as attempting to own private property in communist Russia (that would be the OLD Russia .. the NEW Russia seems to have swung the pendulum in the other direction). An extremely dangerous thing to do is to buck any political machine from their proclaimed policy. A better idea is to agree entirely with them and hope they just go away by not feeding them.

[madfranks]

Listen up, young squirts.

I was a war baby - that is, I was born just as WW2 was just getting started. When I got old enough to get a wage-earning job (at 50 cents/hour for damn hard brow-sweating work), I HAD to fill out Social Security forms, and, whether I liked it or not, THEY TOOK IT OUT! I had no (that is NADA, ZERO, ZILCH) choice in the matter.

And when it came time to start my career, I bargained with various companies to find one that would PROMISE a retirement of sorts. Got that? I turned down offers for more monthly income and accepted less so that I would have at least something of a retirement income.

So, anything I get (and it is very little in this day and age), is NOT a gift. I earned every damn penny of the pittance I got to live on now.

I ain't complaining. No sir. I ain't plotting for more. No sir. But I sure resent anyone suggesting that I am getting something for nothing, or that I am getting something I don't have full rights to. I am old - way to old to hold down a real job. To boot, I ain't worth a plumb nickle anyways. So I am at the mercy of whatever piddling wealth I managed to put away during the years when I was worth something and I held back from the mountains of debt that was always being pushed into my face (I did without - what a concept!).

I don't need the youth of today to be getting any ideas that the meager funds I live on now are somehow ill-gotten gains, or a gift, or something that is not rightfully mine and thank you very much.

Let us old-fart warbabies live in peace on what little we got comin' to us and I'll die soon enough. 'Deal!

I have a question for you, and I truly just want to know your opinion. You know that the politicians who took your money under the guise of SS have already spent that money on who knows what. In order to pay you SS today, they're taking money from me, money that I earned and would rather keep. Like you, I haven't been given a choice in the matter, and they take the money against my will every paycheck. But, they're taking it from me, and giving it to you. Does that bother you?

[monty]

I was told in 1956 when I was 14 I had to get a Social Security number before I could work. I believed that was true until sometime in the 1990's someone, a family member or friend, I have forgotten who, gave me a copy of a letter written by our U.S. Senator Harry Reid. Dirty Harry writes that no one is required to have a Social Security number and that it is not illegal to work without a number. He continues on how terribly difficult life would be without a number. I have the copy of the letter in my papers stored in my garage. When I get back to Nevada I will scan athe letter.

I did find this on the net: http://gold-silver.us/forum/attachment.php?attachmentid=7558&stc=1

If I was starting my career now and knew Social Security is voluntary I would not be paying into the system. I would invest the money in PM's etc.

[Jewboo]

I have a question for you, and I truly just want to know your opinion. You know that the politicians who took your money under the guise of SS have already spent that money on who knows what. In order to pay you SS today, they're taking money from me, money that I earned and would rather keep. Like you, I haven't been given a choice in the matter, and they take the money against my will every paycheck. But, they're taking it from me, and giving it to you. Does that bother you?




https://pbs.twimg.com/media/BaKDKXSCIAAmLyZ.jpg:large
We're forgoing Social Security and moving in with you Madfranks.







:) Would that bother you Madfranks?

[Shami-Amourae]

https://pbs.twimg.com/media/BaKDKXSCIAAmLyZ.jpg:large
We're forgoing Social Security and moving in with you Madfranks.







:) Would that bother you Madfranks?



People stopped having kids since of Social Security. Basically children were people's retirement plans since they would take care of the parents in old age. Today that doesn't happen thanks to Social Security. This has also been one of the key attacks on the family structure too.

Right now we are in a situation where either the Young get screwed through over-taxation over trying to maintain and fix the current system. The other option is the Old get screwed with no longer getting Social Security, or getting far less. How do the Young pay for the Old when most jobs are being automated out of existence, and the only available jobs are minimum wage jobs at McDonalds for someone with a college degree.

There's no rosey solution. Well that is unless the Jews get ovened, and we pay for the old people with the $Trillions they've stolen from us.

[ximmy]

I don't expect SS to be there if/when I retire. I pay into it regardless. In the future, will the joo overlords throw meager table scraps out to the gentile slaves? Perhaps they will be burned & gassed and a better system will be in place? Just don't count on it.

[EE_]

But, they're taking it from me, and giving it to you. Does that bother you?

I wouldn't look at it this way. Any money the Jew owned government takes from the people, is immediately considered 'their' money.
They don't look at any money as yours and mine. They only give some back to keep their ponzi scheme from collapsing.
Only Armageddon will correct this.

[Hitch]

The whole scam of a system we have will only work as long as the population keeps growing. As long as more young folks keep feeding social security to fund the retired folks, it's a perpetual wheel in motion.

As Shami said though, young folks now are not having kids as much, so a collapse is certain. For the scam to keep going every man and woman probably need to have 3 kids, plus good paying jobs, for TPTB to tax to support their profits and enough to allow folks to retire.

[palani]

In order to pay you SS today, they're taking money from me, money that I earned and would rather keep.... Does that bother you?
Rather than concentrate upon the cost to you today could you consider the sacrifices of those who helped you get there? In the end analysis if you came into the world with nothing then it is a sure bet you will be leaving in the same manner.

[EE_]

The whole scam of a system we have will only work as long as the population keeps growing. As long as more young folks keep feeding social security to fund the retired folks, it's a perpetual wheel in motion.

As Shami said though, young folks now are not having kids as much, so a collapse is certain. For the scam to keep going every man and woman probably need to have 3 kids, plus good paying jobs, for TPTB to tax to support their profits and enough to allow folks to retire.

Every black, Mexican and recently Somali, is having 3 kids. The government's solution is to truck them in from elsewhere. I bet California stats show this state is producing the most babies per capita in the US...they're just not white.

[Glass]

Rather than concentrate upon the cost to you today could you consider the sacrifices of those who helped you get there? In the end analysis if you came into the world with nothing then it is a sure bet you will be leaving in the same manner.

yeah look, thats great but its the in between bit that is the problem and the in between bit is usually a long time. As for the foundations that were built. Been sold off or looted. The legacy is gone. No protest of this by the people who came after those who built it all.

[Hitch]

Every black, Mexican and recently Somali, is having 3 kids. The government's solution is to truck them in from elsewhere. I bet California stats show this state is producing the most babies per capita in the US...they're just not white.

I don't think it matters their race, but more so on the fact that they are not going to be working, our taxes from hard work are going to pay for them to support them with free shit.

I turn 42 tomorrow, and do you know what I'll be doing, working. In fact I'll be working for the next 20 years at least, which seems a long way to go. It's demoralizing to know the taxes I spend get skimmed off the top first for the elite, then the rest goes to support a system that is designed to collapse eventually, and in the meantime, lazy bastards take all these free handouts without any thought on personal integrity.

[Dogman]

I don't think it matters their race, but more so on the fact that they are not going to be working, our taxes from hard work are going to pay for them to support them with free shit.

I turn 42 tomorrow, and do you know what I'll be doing, working. In fact I'll be working for the next 20 years at least, which seems a long way to go. It's demoralizing to know the taxes I spend get skimmed off the top first for the elite, then the rest goes to support a system that is designed to collapse eventually, and in the meantime, lazy bastards take all these free handouts without any thought on personal integrity.
My condolences or congratulations to you for celebrating your hatch day hitch!

You fooled them out of another one it seems!

;)

[Hitch]

You fooled them out of another one it seems!

;)

Yup, fooled them again. They are not on to me yet. ;D

[palani]

The legacy is gone. No protest of this by the people who came after those who built it all.

Not gone. Maybe asleep for a while. Things created by the mind may be easily reconstructed.

[Cebu_4_2]

Yup, fooled them again. They are not on to me yet. ;D

10 years older than you and do not see anytime in my future to be able to sit back and reap my benefits.

System fucked me so I do my best to repay that gift.

[madfranks]

You know what, I need to apologize for this thread. I see that in this thread, even a little bit, we're turning on each other, angry at some people over money being stolen and redistributed. I need to keep reminding myself that this is what the Jews in charge want; the infighting, the resentment towards our fellow man, the misdirected anger. I apologize to Jerrynnb for insinuating that he is the beneficiary of my stolen labors. I know they'd take it one way or another, and use it for whatever the hell gives them the most power. We need to remember we're on the same side here. Cheers to you all!

[Hitch]

10 years older than you and do not see anytime in my future to be able to sit back and reap my benefits.

System fucked me so I do my best to repay that gift.

This is how I'm feeling. With my wage rate, I fall in between the tax brackets. If I work harder and more hours, I ended up in a high tax bracket, and get fucked. Almost like by design they don't want productive folks to get ahead in life.

Madfranks, I agree with your post. I don't mind paying social security if our elders can retire in some form of comfort. If they've worked hard in life I don't mind to help, at least I know that money taken is benefiting someone who's worked their entire life. Our biggest issues are paying for people who don't want to work, and want free handouts.

[madfranks]

This is how I'm feeling. With my wage rate, I fall in between the tax brackets. If I work harder and more hours, I ended up in a high tax bracket, and get fucked. Almost like by design they don't want productive folks to get ahead in life.

Madfranks, I agree with your post. I don't mind paying social security if our elders can retire in some form of comfort. If they've worked hard in life I don't mind to help, at least I know that money taken is benefiting someone who's worked their entire life. Our biggest issues are paying for people who don't want to work, and want free handouts.

Yes, but at the same time, I have other grandparents who are living large on pensions and SS. My grandpa even told me he has more money than he needs, he made a great living, has a hefty retirement account, but he's in his 80's so he still gets SS and pension $$ even though he doesn't need it. I need it, and don't get it. Life is a bitch, but even though, I have it better than many others and am thankful for that.

[EE_]

Yes, but at the same time, I have other grandparents who are living large on pensions and SS. My grandpa even told me he has more money than he needs, he made a great living, has a hefty retirement account, but he's in his 80's so he still gets SS and pension $$ even though he doesn't need it. I need it, and don't get it. Life is a bitch, but even though, I have it better than many others and am thankful for that.

I think you should try to be grandpa's/grandma's favorite grandson :)

[Hitch]

Yes, but at the same time, I have other grandparents who are living large on pensions and SS. My grandpa even told me he has more money than he needs, he made a great living, has a hefty retirement account, but he's in his 80's so he still gets SS and pension $$ even though he doesn't need it. I need it, and don't get it. Life is a bitch, but even though, I have it better than many others and am thankful for that.

You and I are paying for SS, yes, but not most pensions. Most pensions are paid for by either union, or private corporation profits. The exception is city/state employees, and .gov goon employees. My father gets a pension that he payed into almost his entire work life, but it is a corp pension, not a tax funded one. I get a pension I'm earning into as well, union, but it is peanuts and not enough to retire in comfort. Unless I make a job change, SS (if it's there) is what money I'll have coming in each month.

But, Cebu is right, I don't think I'll be retiring. Most of us will work until the grave.

[EE_]

Our biggest issues are paying for people who don't want to work, and want free handouts.

And the government never runs out of that money.

[EE_]

But, Cebu is right, I don't think I'll be retiring. Most of us will work until the grave.

Cheer up bud, I think there's a good chance we'll all get out of here together...and sooner then we may think.

[Hitch]

Cheer up bud, I think there's a good chance we'll all get out of here together...and sooner then we may think.

I'm at peace and have accepted that whatever happens, happens. My idea of retirement is running my own boat charter business, working maybe 2-3 days a week, and take folks fishing, whale watching, etc. Hopefully I can make that happen sooner, rather than latter, and you are invited to the christening party and first voyage, of course. :)

[monty]

And the government never runs out of that money.


They think they won't, but the day the U.S. dollar is no longer the world reserve currency is sneaking up on them rather rapidly. As long as they can print their way out they won't run out of money.

[Heisenberg]

You know what, I need to apologize for this thread. I see that in this thread, even a little bit, we're turning on each other, angry at some people over money being stolen and redistributed.That is exactly what the author of the article intended. Whites turning on whites

[Jewboo]

I apologize to Jerrynnb for insinuating that he is the beneficiary of my stolen labors.



https://s3.amazonaws.com/medias.photodeck.com/00b8e43a-73f7-11e3-84ae-478c90055dec/hs121602_out_bigthumb.jpg http://shepherdretirement.net/image/81341866.jpg http://cdn.aarp.net/content/dam/aarp/home-and-family/family-and-friends/2013-03/740-multigeneration-multi-generation-home-house-family.imgcache.rev1364226084185.web.420.270.jpg




It also came off that way to me (another geezer on the SS Retirement dole) but what you wrote remains an inconvenient truth. We did pay into it for over forty years and it is therefore an earned pension. The fact that Congress spent that money elsewhere does not change this pension obligation. Every society/tribe that ever existed had a scheme to subsidize grandpa and grandma. Without a scheme the old folks obviously move in with their children:


http://static.tvtropes.org/pmwiki/pub/images/Waltons_9799.jpg





:(?? jew banksters destroyed the entire goyim Family structure...now divided and conquered

[Jerrylynnb]

Madfranks,

I have thought about your question but I get bogged down trying to sift through the competing, swirling, tenants of a way of life STOLEN right out from under our noses.

Yes, it does bother me to think that my meager SS payments are actually money stolen from today's hard working youths. I am sure it is resented - I resented it back when I was 14 and got my first job and was told to shut up about it because it was coming out of my pay and there was nothing I could do about it - I was furious!

I don't know the answer, Madfranks, but, we whites badly need a powerful, two-fisted, silver-tongued, white leader - someone willing to sacrifice his own pursuits to lead us out away from this upcoming cliff drop-off to a hellhole below, dug for us, with extreme prejudice, by international jewry.

Otherwise, I am reminded of a Rudyard Kipling poem, "When the Anglo Saxon Learns to Hate". I am not looking forward to seeing whites (not blacks) go rioting in the streets when they learn how, and by WHOM, they got disenfranchised, and finally see that their once great nation, and their individual and family life, is in ruins.

We are probably allies.

[EE_]

https://s3.amazonaws.com/medias.photodeck.com/00b8e43a-73f7-11e3-84ae-478c90055dec/hs121602_out_bigthumb.jpg http://shepherdretirement.net/image/81341866.jpg http://rack.2.mshcdn.com/media/ZgkyMDEzLzA2LzI2L2E2L05vcnRoTGl0dGxlLmFkYTE3LmpwZw pwCXRodW1iCTEyMDB4OTYwMD4/02e5b40b/a79/North-Little-Rock-AR.jpg http://cdn.aarp.net/content/dam/aarp/home-and-family/family-and-friends/2013-03/740-multigeneration-multi-generation-home-house-family.imgcache.rev1364226084185.web.420.270.jpg




It also came off that way to me (another geezer on the SS Retirement dole) but what you wrote remains an inconvenient truth. We did pay into it for over forty years and it is therefore an earned pension. The fact that Congress spent that money elsewhere does not change this pension obligation. Every society/tribe that ever existed had a scheme to subsidize grandpa and grandma. Without a scheme the old folks obviously move in with their children:


http://static.tvtropes.org/pmwiki/pub/images/Waltons_9799.jpg





:(?? jew banksters destroyed the entire goyim Family structure...now divided and conquered


edit add.....

[Heisenberg]

edit add.....isn't it funny a black white child looks exactly like................an ARAB!

[Jewboo]

Blame your own parents...not the jew banksters


http://sprottglobal.com/media/45625/bill_bonner_signature.jpg



:rolleyes:

[ximmy]

isn't it funny a black white child looks exactly like................an ARAB!

Interesting...
From violent negro genes come violent creatures...

[ximmy]

Interesting...
From violent negro genes come violent creatures...

Check out Austin & Ally video of dance with lots of negro males in the background mingling and dancing with white women.

Our joo overlords are hard at work destroying the white race.


https://www.youtube.com/watch?v=WI2mB2dBhE0

[Jewboo]

Our joo overlords are hard at work destroying the white race.




http://www.quickmeme.com/img/d5/d5fac64d39e632522a536aec495074f5aa79702649ee74b05a 7b59d2c21e8b7a.jpg


http://pics.filmaffinity.com/Tall_Dark_and_Handsome-879656469-large.jpg

https://s-media-cache-ak0.pinimg.com/736x/97/86/25/978625f1510683992fedb07eb6fda947.jpg



















http://kpitalrisk.free.fr/images/stars/14000/s_14540_1390460728_rutger_hauer_rg.jpg
Stupid Blonde Man...often a villain.


:rolleyes:


They also created the "Dumb Blonde" and "Tall, Dark, and Handsome" memes.

[Heisenberg]

7560

[mick silver]

needs to be back up for more on lookers