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TOPIC: After the US Presidentual Election, Comes the Pain

After the US Presidentual Election, Comes the Pain 20 Jul 2016 04:28 #1

  • peacenik
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Pension fund shortfalls in the private and public sector, is the next problem facing the US economy, and it's a big one, pension fund shortfalls total, $3.4 Trillion, and growing. That, on top of the $40 Trillion shortfall in Social Security, and all the other bubbles about to burst in the economy, makes for bad news for US tax payers.

After the US presidential election, comes the pain of taxing Americans to pay for these pleasantries at a time when the US economy cannot take that kind of tax increase.

All this is being kept from the US taxpayer until after the election for political reasons

The Obama administration and Hillary Clinton is saying, the US economy is on the rebound, when just the opposite is true, the US is headed for an economic Depression.



www.superstation95.com/index.php/money/1662
Birth is not a beginning; death is not an end. There is existence without limitation; there is continuity without a starting point.” ~ Chuang Tzu
Last Edit: 20 Jul 2016 04:31 by peacenik.
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After the US Presidentual Election, Comes the Pain 20 Jul 2016 08:48 #2

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If all sides are completely controlled from behind the scenes, it's pointless giving a shit about which puppet gets in this time, or any other.

The problems are still going to be rife, and Trump isn't going to be able to do fuck all about it. At least THEY will play ball with Hillary if she is one of their own. If Trump genuinely isn't, and is really the maverick his supporters think he is, he'll need the Justice League of America backing him as well to put the USA to rights.

Remember, he only gets in if They want him in is the narrative around these parts. If a politician is being made to look like a potential leader, you are being played. If that's the way things work, it applies to both sides of the divide.
Last Edit: 20 Jul 2016 08:58 by ragnarok.
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After the US Presidentual Election, Comes the Pain 20 Jul 2016 23:29 #3

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ragnarok wrote:
If all sides are completely controlled from behind the scenes, it's pointless giving a shit about which puppet gets in this time, or any other.

The problems are still going to be rife, and Trump isn't going to be able to do fuck all about it. At least THEY will play ball with Hillary if she is one of their own. If Trump genuinely isn't, and is really the maverick his supporters think he is, he'll need the Justice League of America backing him as well to put the USA to rights.

Remember, he only gets in if They want him in is the narrative around these parts. If a politician is being made to look like a potential leader, you are being played. If that's the way things work, it applies to both sides of the divide.

IMO, the last 8 years of Obama has done nothing but covered shit up rather than attempt to fix anything? Hillary Clinton is just an extension of Obama. Maybe we need a businessman like Trump to run this country as a business rather than an ATM? He certainly knows how to run his own affairs in a business like manner?
Birth is not a beginning; death is not an end. There is existence without limitation; there is continuity without a starting point.” ~ Chuang Tzu
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After the US Presidentual Election, Comes the Pain 21 Jul 2016 01:23 #4

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Warning: Spoiler! [ Click to expand ]


Maybe it's necessary in order to get Americans to wake up and find out who's fucking over their country. Just like back in the day with Germany.
Everyone is entitled to his own opinions, but not to his own facts. - Daniel Patrick Moynihan
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After the US Presidentual Election, Comes the Pain 21 Jul 2016 01:53 #5

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US states of emergency

US faces ‘disastrous’ $3.4tn pension funding hole
Collective deficit of retirement plans is three times larger than official figures

APRIL 10, 2016 by: Attracta Mooney

The US public pension system has developed a $3.4tn funding hole that will pile pressure on cities and states to cut spending or raise taxes to avoid Detroit-style bankruptcies.

According to academic research shared exclusively with FTfm, the collective funding shortfall of US public pension funds is three times larger than official figures showed, and is getting bigger.

Devin Nunes, a US Republican congressman, said: “It has been clear for years that many cities and states are critically underfunding their pension programmes and hiding the fiscal holes with accounting tricks.”

The US public pension system has developed a $3.4tn funding hole that will pile pressure on cities and states to cut spending or raise taxes to avoid Detroit-style bankruptcies.

According to academic research shared exclusively with FTfm, the collective funding shortfall of US public pension funds is three times larger than official figures showed, and is getting bigger.

Devin Nunes, a US Republican congressman, said: “It has been clear for years that many cities and states are critically underfunding their pension programmes and hiding the fiscal holes with accounting tricks.”

Mr Nunes, who put forward a bill to the House of Representatives last month to overhaul how public pension plans report their figures, added: “When these pension funds go insolvent, they will create problems so disastrous that the fund officials assume the federal government will have to bail them out.”

Large pension shortfalls have already played a role in driving several US cities, including Detroit in Michigan and San Bernardino in California, to file for bankruptcy. The fear is other cities will soon become insolvent due to the size of their pension deficits.

Joshua Rauh, a senior fellow at the Hoover Institution, a think-tank, and professor of finance at the Stanford Graduate School of Business, who carried out the study, said: “The pension problems are threatening to consume state and local budgets in the absence of some major changes.

“It is quite likely that over a five to 10-year horizon we are going to see more bankruptcies of cities where the unfunded pension liabilities will play a large role.”

The Stanford study found that the states of Illinois, Arizona, Ohio and Nevada, and the cities of Chicago, Dallas, Houston and El Paso have the largest pension holes compared with their own revenues.

In order to deal with the large funding shortfall, many cities and states will have to increase their contributions to their pension funds, either by raising taxes or cutting spending on vital services.

Olivia Mitchell, a professor at the Wharton School at the University of Pennsylvania, told FTfm last month that US public pension plans face “grave difficulties”.

“I do believe that US cities and towns will continue to suffer, and there will be additional bankruptcies following the examples of Detroit,” she said.

Currently, states and local governments contribute 7.3 per cent of revenues to public pension plans, but this would need to increase to an average of 17.5 per cent of revenues to stop any further rises in the funding gap, the research said.

Several cities and states, including California, Illinois, New Jersey, Chicago and Austin, would need to put at least 20 per cent of their revenues into their pension plans to prevent a rise in their deficits, while Nevada would have to contribute almost 40 per cent.

Mr Rauh’s study claims the “true extent” of funding problems in US public pension system has been obscured because plans calculate both their costs and liabilities on the assumption they will achieve returns of between 7 and 8 per cent a year. The academic believes this rate is “wildly optimistic and unlikely to be achieved”.

Mr Rauh said a more realistic return rate, based on US Treasury bond yields, was around 2-3 per cent a year.

However, Hank Kim, executive director at the National Conference on Public Employee Retirement Systems, a trade association for public pension plans in the US, called Mr Rauh’s study a “manipulation of arithmetic”.

“The [public pension] plans are in good shape and are headed to being in even better shape,” he said.

Mr Kim added that public pension funds set their return targets at 7.5 per cent because that is what they have been able to achieve historically.

US public pensions recorded an average annual return of 7.3 per cent in the 10 years to the end of June 2014, according to Cliffwater, an investment consultancy.

“Over a long-term trend, that 7.5 per cent return rate is absolutely feasible,” he said.
next.ft.com/content/c9966bea-fcd8-11e5-b5f5-070dca6d0a0d

The United States of Emergency is a very apt moniker to affix to the USA. Manufacturing has been shut down and transferred in large chunks to third world countries (mainly China), the middle class has been decimated, average Americans need 2 or 3 jobs to make ends meet, millions of students with student loan will never pay them back or get a job that enables them to do so, the corporate pension plans of major companies have led to chapter 11 after chapter 11, now public pensions are unfunded and social security is unfunded to the tune of tens of trillions.

If the US economy can absorb that it really doubtful. The taxpayer had trillions of dollars of banking sector bailouts imposed on it.

As flare says the average American has to wake up and realise that Jews with usury and cultural destruction at the fore control their country and are destroying it.

Andrew Anglin is right. The US needs a new form of right wing politics and it is required to shake idiots out of the slumber to make them realise what the fuck is going on and what needs to be done about it.
Last Edit: 21 Jul 2016 02:03 by Orangeaid.
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After the US Presidentual Election, Comes the Pain 21 Jul 2016 02:10 #6

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Flare wrote:
Warning: Spoiler! [ Click to expand ]


Maybe it's necessary in order to get Americans to wake up and find out who's fucking over their country. Just like back in the day with Germany.

The real shit storm happens when the US Dollar looses it's place as the worlds reserve currency. As long as Americans have food to eat, I don't there is going to be to much, waking up?

Most people don't realize what a precarious situation the US is in? 47% of Americans are on some kind of government assistance. That, in itself is unsustainable. That means just slightly over half of working Americans are funding a social system that does not work for them. This in addition to funding Trillion dollar wars abroad.

Major cracks are forming in the US economy that need to be addressed right after the election.

It's been estimated, if the government were to stop payment of EBT cards or if a computer glitch effecting the payment system, for just 2 weeks, riots would follow and the US would look like Venesualia in a matter of weeks.
Birth is not a beginning; death is not an end. There is existence without limitation; there is continuity without a starting point.” ~ Chuang Tzu
Last Edit: 21 Jul 2016 02:16 by peacenik.
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After the US Presidentual Election, Comes the Pain 22 Jul 2016 01:56 #7

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Whether the Donald or Mrs Clinton get to be POTUS it'll just be 'business as usual'.
Nothing to see here.
:)
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After the US Presidentual Election, Comes the Pain 30 Jul 2016 04:35 #8

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GMP wrote:
Whether the Donald or Mrs Clinton get to be POTUS it'll just be 'business as usual'.
Nothing to see here.
:)

It really comes down to will America stay a first world country with a white majority or a 3rd world country with a non white majority.

After decades of conspiracy theories about everything possibly imaginable that's really what it will come down to.
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After the US Presidentual Election, Comes the Pain 30 Jul 2016 05:08 #9

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GMP wrote:
Whether the Donald or Mrs Clinton get to be POTUS it'll just be 'business as usual'.
Nothing to see here.
:)

I am not sure if, 'business as usual' is even an option anymore? The economy is falling fast. Just today, I learned, home ownership is the worst it's been since the year, 1965. Even with interest rates only a point or two above zero, home ownership is impossible for many Americans. That's saying a lot.
Birth is not a beginning; death is not an end. There is existence without limitation; there is continuity without a starting point.” ~ Chuang Tzu
Last Edit: 30 Jul 2016 06:35 by peacenik.
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After the US Presidentual Election, Comes the Pain 30 Jul 2016 15:17 #10

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.......... wrote:
GMP wrote:
Whether the Donald or Mrs Clinton get to be POTUS it'll just be 'business as usual'.
Nothing to see here.
:)

It really comes down to will America stay a first world country with a white majority or a 3rd world country with a non white majority.

After decades of conspiracy theories about everything possibly imaginable that's really what it will come down to.

I read in one of this past week's papers somewhere that by mid-century the USA will be a majority non-white nation.
We used to live near Leicester which is officially England's 'first non-white majority city'.
People get on really well in Leicester, it is a harmonious place because each community tends to live in its own self-designated area.
Everyone mixes happily in the city centre then goes home to their ghetto of choice.
I doubt that demographics can be beaten. Swarthy feckers breed more kids than we do so, eventually there'll be more swarthy feckers than us.
Doesn't bother me overmuch just as long as voluntary segregation remains an option of choice.
Here in blighty people of colour tend not to want to live in deeply rural areas or in isolated coastal communities.
:)
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After the US Presidentual Election, Comes the Pain 30 Jul 2016 22:41 #11

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It's all part of the globlist's Internationalist Communist plan to bring down developed nations to a manageable level, a level equal to that of third world status. That's why immigration is destroying Western Europe. That's why the US economy is crashing. All these things are happening according to a globalist internationalist Communist plan. Karl Marx's "The Communist Manifesto" is about to be the template from which the whole world is to be reinvented.

Globalism is just a cute, toned down, name for international Communism

The world is rapidly moving to One World governance. Where a hand full of globalist International Communist will govern the entire world. The stage is set, almost every piece is in place. You will notice, almost all the leaders in the developed nations are all of the globalist International Communist mindset?
Birth is not a beginning; death is not an end. There is existence without limitation; there is continuity without a starting point.” ~ Chuang Tzu
Last Edit: 30 Jul 2016 22:44 by peacenik.
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After the US Presidentual Election, Comes the Pain 31 Jul 2016 13:41 #12

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If those guys are of a communist mindset then presumably they are in favour of wealth distribution.
Taking from those who have and giving it to those who don't have.
Do we see that happening?
IMO we don't.
Said it before mate TPTB are market-capitalists and nobody can ever beat a market.
You sell for a dollar, I sell for 99 cents.
I sell more than you and you go out of business.
:)
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After the US Presidentual Election, Comes the Pain 31 Jul 2016 21:36 #13

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GMP wrote:
If those guys are of a communist mindset then presumably they are in favour of wealth distribution.
Taking from those who have and giving it to those who don't have.
Do we see that happening?
IMO we don't.
Said it before mate TPTB are market-capitalists and nobody can ever beat a market.
You sell for a dollar, I sell for 99 cents.
I sell more than you and you go out of business.
:)



"Wealth distribution" is just a feel good, catch phrase to get the yokels on board. The International Communist want equal distribution of poverty and misery. It has no intention of elevating anyone above a certain threshold it calls, 'equal'..

Like I said, the template for this is Karl Marx's, 'The Communist Manifesto'. It's a short read and can be found easily on the internet.
Birth is not a beginning; death is not an end. There is existence without limitation; there is continuity without a starting point.” ~ Chuang Tzu
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After the US Presidentual Election, Comes the Pain 01 Aug 2016 17:16 #14

For the Yanks on here, who is going to win this election?

Personaly, I would love Trump to win, because the world will get very interesting pretty quick with him in charge :cool2:
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After the US Presidentual Election, Comes the Pain 30 Jul 2018 14:49 #15

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peacenik wrote:
Pension fund shortfalls in the private and public sector, is the next problem facing the US economy, and it's a big one, pension fund shortfalls total, $3.4 Trillion, and growing. That, on top of the $40 Trillion shortfall in Social Security, and all the other bubbles about to burst in the economy, makes for bad news for US tax payers.

After the US presidential election, comes the pain of taxing Americans to pay for these pleasantries at a time when the US economy cannot take that kind of tax increase.

All this is being kept from the US taxpayer until after the election for political reasons

The Obama administration and Hillary Clinton is saying, the US economy is on the rebound, when just the opposite is true, the US is headed for an economic Depression.



www.superstation95.com/index.php/money/1662


Correction, global economic depression/ collapse plus war.
"Republicans are red and democrats are blue, neither political party owned by Jewish Wallstreet gives a flying fuck about you."- Myself

"They pretend to pay us and we pretend to work." - Former Russian Soviet dissidents and now presently the American working class.

"We must take from the right nationalism without capitalism and from the left socialism without internationalism."- Gregor Strasser

"We must reject the false dichotomy of capitalism and communism as the only choices for the world where instead we must embrace the third position of national socialism." -Myself

"Globalism, internationalism, and civic nationalism means the death of western civilization where instead we must install an ethnic racial form of nationalism."- Myself

"The United States is a Jewish and Zionist owned corporate plantation or labor prison." - Myself

"Syncretic politics is that taking political positions combining elements associated with the left and right that can achieve a goal of reconciliation." - Wikipedia

"Only collectivism will save our collective plight of western civilization during this crisis as individualism by itself isn't enough."- Myself

"We must secure ethnic racial homelands of European peoples worldwide."- Myself

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