Quote: (05-21-2014 12:54 AM)Cattle Rustler Wrote:
Quote: (05-20-2014 11:36 AM)bacon Wrote:
I know guys like cattle rustler and iknowexactly are very pro government workers even inspite of legitament criticism of the benefit package they get when local governments can't afford it. I'm curious how would you resolve these pension issues when local governments are unable to pay it. These pensions are often expecting 9% plus returns in the stock market every year to stay solvent. What person in a nongovernment gig can expect guaranteed yearly checks like them. Even multimilionares have to adjust their spending to the state if thIeir investments. Only public workers are above the realities of the marketplace.
I'm not much a pro or anti gubbmint employee person but rather a live and let others live individual. Because...guess what? Being an armchair keyboard jockey isn't going to change anything. This thread can turn into 31 pages like the Jew thread but nothing is going to change.
Being a public employee does have it's good and bad things. Good like having job security and plenty of benefits (insurance, pension) and bad like not being rewarded for innovation or efficient.
Do you like that? Then work for the public sector.
Do you dislike that? Go work for the private sector.
There should be no hate directed at those who chose a different lifestyle than ours. That was their choice and it's okay.
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All this doom and gloom stuff has been going on for generations, first with them damn italian, then with the dirty germans, follow by races mixing, now it's dem mexicans, commusocialists, and feminists.
Yeah, Australia is going being propped up by China. That's how the economy works, someone is propped up by someone else due to trade that interconnects economies. It's a boom and bust cycle that happens all the time. Alpha Russia will not become an economic power, neither will China. Just look a the confidence of those countries, Chinese buy American products since they distrust Chinese brands and Russians trade Rubbles for greenbacks.
Stop making up excuses, it's somewhat easy to save money quickly. Go to the oilfields and get a job there, share a room with someone and you're drowning in money already. I work an office job and managed to save 13K (after taxes) in 6 months. Let's say 22K in a year, multiplied by 5 years and we're at 110K, not compounding interest or financial gains from SPY.
Oh wait, I forgot SPY is going to thank anytime soon and then king communist in chief is going to tax me 110%.
And then collapse happens. All great empires have collapsed, which is why we must study our history and learn from past mistakes.
Instead, following this socialist big brother govt, rather than learning from past mistakes, we are following them lock in step.