Thursday 27 June 2013

The "new" retirement...........................from Rico

Bursting the biggest bubble of all...the 'retirement' bubble.

- There won't be much 'retirement' ahead for many.

The "new" retirement for many Americans will be (or already is) a "food stamp" retirement.

Fauxbama's 'recovery' has created a permanent class of working poor and not-working poor.

- The 'historic' money being paid-out for food stamps

(~ $70 billion/year and rising) illustrates the point.

Forty-five percent of US households have made NO plans to fund their retirements, and have NO pesions, NO IRA's or 401(k)'s. Nothing.

Did I say nothing?

- One in four have NO savings at all.

- Three in four either work paycheck-to-paycheck, and/or now live foodstamp-to-foodstamp. The former won't ever be 'retiring' and many of the latter are already 'retired' but haven't figured it out yet.

'Reforming' illegal immigration with laws that incentivize employers to drop citizens and hire illegals, plus ships even more jobs out of the country, makes perfect 'sense' in the upside-down, back-asswards, Orwellian think tank otherwise known as Washingtoon, DC (District of Criminals).

- I guess that is why the Department of Homeland Stasi 'needs' their tanks, so they can impose Socialist unity on anyone who has figured out that getting elected to Congress turns people into rats...



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