Pensions Retiming
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Status
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Pensions: Going, Going, Gone
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Issues Affecting Retirement
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Security of Retirement
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Investments For Retirement
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Pension Parasites Are Worse than Ambulance Chasers ...
Chasers Ambulance Pensions
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combine: Pension Lending
... Pension Lending
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Pensions
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Social Security Pensions
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Pensions: Going, Going, Gone
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Retiming
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Pension ReTiming
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Afterthoughts
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110224: Driving his critically ill child to the hospital in his 15 mpg SUV,
he stopped quickly to put in four gallons of gas. At mile 60, his car ran
out of gas, 30 miles short of the hospital. To his crying children, he said,
"But I bought gas." The defense of "But I paid into the pension fund" has
no dollar value when one's end of life gas tank runs dry. Like the husband,
it is not enough to pay if one does not pay enough. Pensions are combinations
of Ponzi schemes and political promises igknowantly embased by scumnuts,
that is, people who want something for nothing. People who mantra the chant
of "But I paid into the pension fund" are the like the people who mindlessly
chant "the bible is the word of god." Neither will logically analyze all
the relevant factors to recognize the emptiness of these lies fostered by
predators upon the gullible who enshrined these lies as perpetual self-lies.
For the former, stop bitching and find a job, any job. For the latter, stop
praying and start solving.
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110225: A news report interviewed the Rhode Island state official charged
with fixing its pension fund. The irony is that the woman had been a principal
in a hedge fund before swinging the revolving door into a six-figure state
job. This woman is an example of how the arsonists who set the house of humanity
on fire is in charge of putting out the fire. Why? While pension are inherently
self-destructive, the rapidity of running out of money was speeded up by
hedge funds that wasted pension monies. In the final analysis, there is no
difference between union officials wasting members' pensions on mansions
and mistresses and hedge fund managers doing the same. In both cases, the
pensioners got what they deserved for watching sports events more often and
longer than pension funds.
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110225: It is too late to worry about one's pension. One should have been
worrying about it five or ten years ago. In 2011, people should be worried
about food. However, in a few years it will be too late to worry about food.