The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label unions. Show all posts
Showing posts with label unions. Show all posts

Friday, February 19, 2016

Got Karatbars? Pension funds on the brink as Midwestern based one slashes monthly payouts by 50% for 400,000 people

The American dream... where you work for a company or municipality for 30 to 50 years and can retire with the guaranteed promise of a sufficient pension to provide for your golden years.  Unfortunately however, that was last so last century.

Today pension funds in most sectors of industry and public service stand on the brink of insolvency through under-funding by as much as 40%, and this covers pensions managed by unions, private corporations, and municipalities.

Yet who is to blame for this under-funding or mismanagement? Americans can thank none other than Wall Street speculators, corrupt cronyism, and central bank policies for the death of their retirements.

After working 33 years, he’s facing a 55% cut to his pension benefits, a blow which he says will “cripple” his family and imperil the livelihood of his two children, one of whom is in the fourth grade and one of whom is just entering high school.
Dorsey attended a town hall meeting in Kansas City on Tuesday where retirees turned out for a discussion on “massive” pension cuts proposed by the Central States Pension Fund, which covers 400,000 participants, and which will almost certainly go broke within the next decade. 
“A controversial 2014 law allowed the pension to propose [deep] cuts, many of them by half or more, as a way to perhaps save the fund,” The Kansas City Star wrote earlier this week adding that “two much smaller pensions also have sought similar relief under the law, and still more pensions are significantly underfunded.” 
“What’s happening to us is a microcosm of what’s going to happen to the rest of the pensions in the United States,” said Jay Perry, a longtime Teamsters member.
Jay is probably correct. 
Public sector pension funds are grossly underfunded in places like Chicago and Houston, while private sector funds are struggling to deal with rock bottom interest rates, which put pressure on expected returns and thus drive the present value of funds’ liabilities higher. 
Illinois’ pension burden has brought the state to its knees financially speaking and in November, Springfield was forced to miss a $560 million payment to its retirement fund. In the private sector, GM said on Thursday that it will sell 20- and 30-year bonds in order to meet its pension obligations 
"At the end of last year GM's U.S. hourly pension plan was underfunded by $10.4 billion," The New York Times writes. "About $61 billion of the obligations were funded for the plan's roughly 360,000 pensioners." Maybe it's time for tax payers to bail themselves out.  - Zerohedge
We now live in an era where people must take responsibility for their own money, and where trust and reliance upon government, brokers, and retirement planners leads only to broken promises and the potential loss of all you have saved during your years of hard work.  But this is not the end of the world, and thanks to the explosion of the internet and the rise of e-commerce, saving and building a retirement nest egg that is free from market volatility, corrupt fund managers, and central bank policies like zero or negative interest rates is now possible.
And you can do this by not only protecting your retirement, but growing it perpetually with a company called Karatbars.

Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, Karatbars is working on a new e-wallet system that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Thursday, September 10, 2015

Chicago heading down the path of Detroit as budget shortfall may now close schools

Since the city of Detroit became the poster child for failed industrial cities in the U.S., several other major municipalities have also succumbed to degradation and mismanagement.  One in particular, the city of Chicago, has not only been dropped to junk bond status by Moody’s for their corporate bonds, but now they are in trouble of having to suspend or close down schools because of major budget shortfalls that have already hit their pension systems.
Chicago Public Schools—with 394,000 students and nearly 21,000 teachers—has closed more than half of a projected $1.1 billion shortfall through cuts, borrowing and other means, but is looking to the state to come up with the rest. The school board warns of deep cuts later this year if Illinois, which faces its own fiscal crisis, doesn’t deliver an additional $480 million in the coming months, representing roughly 8% of annual district spending.

Read more on this article here...

Tuesday, September 4, 2012

Unions try to portray themselves as nice guys with hug-a-thug booth at DNC

In a failed attempt to make unions look mainstream for Americans and American labor today, the AFL-CIO put together a Hug-A-Union Thug booth at the Democratic National Convention (DNC), in an attempt to spin their recent run of violence and failures in the Wisconsin and other states arouind the country.

Photo from the AFL-CIO

In Charlotte, people will be asked to “hug a union thug” at a CarolinaFest booth sponsored by the North Carolina State AFL-CIO the day before the Democratic National Convention officially begins. Also in honor of Monday, videos are being posted online thanking workers, while actors and athletes will use Twitter to express support for union rights.

The effort comes as labor has seen increased attacks from Republican-controlled state legislatures and governors since the 2010 elections. Unions were unsuccessful in their attempt earlier this summer to oust Wisconsin Gov. Scott Walker (R) after he pushed through legislation that curbed some public workers’ collective bargaining rights. - The Hill
Unions have a long history in America, and just as wide an evolution.  During the Samuel Gompers era of the 1880's and 90's, unions were vital in standing up for worker rights against the brutal slave tactics of Rockefeller and other corporate leaders.  As time moved forward, unions began to evolve into political machines, running such cities as New York (Tammany Hall) and Chicago (Daily Machine).

During the Great Depression, unions became associated with Communism and the Communist party, as depicted in literature such as In Dubious Battle by John Steinbeck.

Moving into the 1960's and 70's, unions began to take on a darker persona with their affiliations with organized crime, and politics.  The Jimmy Hoffa incident was a prime example of the ultimate goals of union leadership, which is money and political power.

In this decade, unions have become a stigma in the eyes of many Americans, especially during a time of massive unemployment since the credit crash of 2008.  The childish antics of union workers and teachers in Wisconsin, which led to millions of dollars worth of damage to public buildings, shows the lengths that unions will go to force taxpayers to pay massive salaries and benefits, even while they lose their homes and barely sustain a living in an era of high unemployment.

The Hug a Union Thug booth created at the 2012 DNC is not only a farce, but an open slap in the face to those who see unions more as thieves and robbers of economic and fiscal growth, than as simple workers who want to stand together against the power of corporate and government control over money and jobs.

Friday, October 7, 2011

At least one speaker at the Occupy Wall Street rally gets it right.

End the Fed!  After several days of protesting in Manhattan by the Occupy Wall Street band of protesters, someone on site finally provided a solution to the problems our banking system.

Funny though... even though many participants have no idea they are simply 'useless idiots' for the Soros funded protests, very few onsite have any answers as to why they are occupying All Street.

But one does... and we wonder if he is a lone wolf in the sea of union sheep, who are clueless and mindless, and simply go where ordered by their union masters.

Wednesday, September 14, 2011

Thank god for the teachers unions and MORE money!

Chart courtesy of John Lohman via Zerohedge

Do we really need to say any more about America's education system?  Or perhaps, the solution is simple.... make education into a reality show on television.

Conjugating with the Stars!