| Dear Reader, Assuming there is a shred of truth to anything coming out of the White House, the folks who allegedly work there, or just about anyone else in this administration, we have nothing to worry about. Sadly, this probably is just not the case. Just in the past few days it was reported folks on disability will be completely without a penny of "benefits" within 36 months and faster if the current trend of 100k new additions per month continues. Currently there is 5.84 non-government workers for every single government worker. That ratio of just under 6 to 1 is shrinking with the incompetent leadership on display at exclusive golf courses and vacation spots around the globe when our dear leader pokes his head up to lecture Americans on how we should do more to help the less motivated and under prepared. Zerohedge reports government workers are going to soon be sorely disappointed to find their pensions are massively underfunded, nearly 5 times the shortfall of the private sector pensions. Private sector pensions seem to be underfunded by over $215b while government pensions are underfunded by over $1 trillion. Perhaps a few less rounds of golf and vacations would help the government workers feel better when their pension checks stop arriving, should that happen. When 16% of the pensioners are at risk of not receiving their promised retirement, this well oiled media slick administration is going to have to do some pretty fast talking to retain their collective scalps. Blaming this on past administrations lost any real zip about 4 1/2 years ago. The only ones who believe that nonsense are the chemically enhanced and the die hard liberals who just can't get enough of something for nothing. Raising taxes won't help. We are dangerously close to a tax revolt now. Confiscating more of what folks earn to make up for a government who can not seem to control spending while the decision makers are squandering hundreds of millions of dollars while abusing the authority on loan to them by the citizenry just looks like a recipe for disaster to me. Somehow, working productive Americans have been busy supporting their familes and themselves while the moocher class, which obama and his ilk rely upon, has grown into an unruly and ungrateful mob. I would suggest a change in the voting system a bit. Everyone has to show two forms of ID to vote and voter fraud is an offense punishable by loss of citizenship and a one way ticket to the country of your choice, assuming they will accept you. In addition, if one is not a property owner, they are not allowed to register to vote. If one is receiving a penny of anything from the government, they would be ineligible to vote. The under achievers and the folks with a desire to have what you and I earn are influencing the policy making of government and that is just wrong. They have foisted on America a regime that is so obviously unfit to lead, and have done it not once, but now twice in a row. We are allowing the wrong people have a voice in the direction America is going to travel and these people are just clueless. We should have a commander in chief that knows the difference between the Marine Corps and a corpse. We should have a leader who has some understanding of employing people and some success record in business, which currently we have the village idiot who has proven to know none of these. His idea of a recovery is getting a birdie on the 9th after going one over on the 8th. He has no idea of what a recovery is. Employment is almost at a 30 year low, bonds are dropping faster than Ms. Cyrus' pants, federal debt is going up a lot faster than the $billions we are hearing about I suspect, the Baltic Dry Index is just bouncing off a 7 year low which was about 8% of it's highs. We can not listen to what this government is telling us. They are not capable of articulating the truth and should be ignored at the very least. The below average American is brighter than these knuckledraggers. The average American is way beyond these folks. The Dry Index is an indication of where the global economy is. Copper is a great indicator of where the American economy is. Both are near the bottom and we are told we are in a recovery. What crap! If you have a pension or a 401(k), you may want to do some investigating. If your qualified program was with a company that was bought or closed, you need to find out who the administrator is, how the funds you were promised are going to be paid out long term, and if this is an insurance annuity product as your fund redemption could be held up and your requests for information could be costing you more than you know. In addition, some companies are even charging a "hostage" fee of up to 10% of your account balance to agree to send you the money. That does not mean necessarily you will get the money, that is just the beginning. In any case, beware of politicians and administrators as I suspect none of them have your best interest at heart. |
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