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Post by PaulG2 on May 23, 2016 14:33:55 GMT
That's because the older generation are using our children. If our children stopped paying into their pensions our monthly pension payments would stop. There is no buffer because the bankers use it to make the super rich richer. There you go.. If that aspect of our societal structure bothers you, how about this - the older generation charges your children for the use of all the infrastructure that prior generations built for them to use. Then, of course, we will have to keep a running tab of the cost of all the education and health care that is provided to them as children, and make sure to collect our reimbursement once they start working, because, hey, we wouldn't want to use or abuse them by making them pay into the pension fund. It's easy to pick one aspect of our societal structure and find fault with it in isolation from everything else. But these things don't happen in isolation, they happen in a context. Setting one generation of peasants against another generation of peasants over the issue of pensions is a corporate wet dream. We are living in a gilded age, and those at the top care nothing about those below them except to use them as the cheapest labor possible.
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Post by naughtyfox on May 23, 2016 14:36:33 GMT
Now that fox hunting is banned, why can't we just hunt the super-rich?
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Post by Deleted on May 23, 2016 14:44:50 GMT
Now that fox hunting is banned, why can't we just hunt the super-rich? ...because clearly everyone in the forces are behind them silly...
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Post by Deleted on May 23, 2016 14:52:22 GMT
We are living in a gilded age, and those at the top care nothing about those below them except to use them as the cheapest labor possible. Exactly. Going back to your other point. I, as a parent feel guilty about it so I know it's wrong. Where the beginning of your post goes wrong BTW is the focus on what they owe us rather than what they give. Giving is better than taking.
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Post by Clinton Cool on May 23, 2016 15:02:38 GMT
I remember you predicting another recession this year on the other forum. We're well into the year and there are no signs of it. House prices continue to rise. When do you think it will start kicking in?
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Post by peterboat on May 23, 2016 15:04:10 GMT
Nicola Sturgeon is now saying that the remain bullshit spouted by the inners is having a negative effect ie people can see through it and will vote to leave! long may it continue and we vote to leave on a landslide result!!
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Post by Deleted on May 23, 2016 15:15:55 GMT
Nicola Sturgeon is now saying that the remain bullshit spouted by the inners is having a negative effect ie people can see through it and will vote to leave! long may it continue and we vote to leave on a landslide result!! You're still ignoring the control of '1's' and '0's'...but I hope you are correct. (note the use of the word 'correct' rather than the hijacked word 'right')...lol..
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Post by PaulG2 on May 23, 2016 15:34:18 GMT
May 23, 2016 7:52:22 GMT -7 bassplayer said: Exactly. Going back to your other point. I, as a parent feel guilty about it so I know it's wrong. Where the beginning of your post goes wrong BTW is the focus on what they owe us rather than what they give. Giving is better than taking. It appears that the quote function is amiss today.... I hate to be the one to break this to you, but how you feel about something as a parent has nothing to do with whether that thing is right or wrong, particularly when applied to politics. The rest of your post is circular reasoning, and I can't deal with that. If giving is better than taking, our children should be thanking us for allowing them to contribute to our pensions, right? Chances are you and I both paid the pensions of the generations before us, I know I did. Government pension schemes were started to include many workers who had contributed little or nothing to the actual pension fund. At the time, what they had contributed to their country certainly earned many the right to a pension, but that's a different story. The point is, the government pension systems have always been a pay-as-you-go scheme. There is nothing for you to feel guilty about, that was the only way to get the system started. I don't know how your pension scheme is funded. Here, there is a +/- 16% tax on the first +/- $110,000 of income. There's no social security tax on income over $110,000. If the income cap were eliminated, and everyone in the country had to pay the same percentage of their income to the SS scheme, not only could that 16% rate be lowered, but the pension fund would be awash in money and the meager pensions now paid could be increased significantly. If you want to leave a better world to your children, work to reform the system so that it is more fair to all of us! Fight the machine!
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Post by Deleted on May 23, 2016 15:40:12 GMT
It appears that the quote function is amiss today.... I hate to be the one to break this to you, but how you feel about something as a parent has nothing to do with whether that thing is right or wrong, particularly when applied to politics. The rest of your post is circular reasoning, and I can't deal with that. If giving is better than taking, our children should be thanking us for allowing them to contribute to our pensions, right? Chances are you and I both paid the pensions of the generations before us, I know I did. Government pension schemes were started to include many workers who had contributed little or nothing to the actual pension fund. At the time, what they had contributed to their country certainly earned many the right to a pension, but that's a different story. The point is, the government pension systems have always been a pay-as-you-go scheme. There is nothing for you to feel guilty about, that was the only way to get the system started. I don't know how your pension scheme is funded. Here, there is a +/- 16% tax on the first +/- $110,000 of income. There's no social security tax on income over $110,000. If the income cap were eliminated, and everyone in the country had to pay the same percentage of their income to the SS scheme, not only could that 16% rate be lowered, but the pension fund would be awash in money and the meager pensions now paid could be increased significantly. If you want to leave a better world to your children, work to reform the system so that it is more fair to all of us! Fight the machine! So how do you think you will fight the machine?
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Post by sabcat on May 23, 2016 15:46:51 GMT
I remember you predicting another recession this year on the other forum. We're well into the year and there are no signs of it. House prices continue to rise. When do you think it will start kicking in? Say what now!? You genuinely think that there's no signs of recession? CBI has cut it's growth forecast, IMF has cut it's world growth forecast, central banks are running negative interest rates to try and prop up anaemic growth, in the UK manufacturing is already in recession and the FTSE is 900 points down on it's high last summer......I think it's already kicking in, I think that globally we're in the most insane, economically speaking, period since the 1930s.
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Post by naughtyfox on May 23, 2016 15:53:16 GMT
I don't see anyone jumping out of buildings.
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Post by Deleted on May 23, 2016 16:34:21 GMT
I remember you predicting another recession this year on the other forum. We're well into the year and there are no signs of it. House prices continue to rise. When do you think it will start kicking in? Say what now!? You genuinely think that there's no signs of recession? CBI has cut it's growth forecast, IMF has cut it's world growth forecast, central banks are running negative interest rates to try and prop up anaemic growth, in the UK manufacturing is already in recession and the FTSE is 900 points down on it's high last summer......I think it's already kicking in, I think that globally we're in the most insane, economically speaking, period since the 1930s. He takes a lot of persuading,a country running on credit and a Housing Market like the South Sea Bubble and still he sees no signs.
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Post by naughtyfox on May 23, 2016 17:13:26 GMT
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Post by Deleted on May 23, 2016 17:34:59 GMT
Nicola Sturgeon is now saying that the remain bullshit spouted by the inners is having a negative effect ie people can see through it and will vote to leave! long may it continue and we vote to leave on a landslide result!! Sturgeons Party are woefully out of step with their voters over Europe Peter,with two thirds in favour of Brexit. Jim Sillars a leading SNP member has actually questioned publicly last week whether the SNP should be backing the IN campaign,slating the ludicrous situation whereby the SNP want to be in Union with Europe and not the UK.
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Post by Albion on May 23, 2016 17:47:21 GMT
As I'm discussing this and openly asking people's opinions in real life about this, I'm finding more and more of the older ones - the ones who are ALREADY financially secure, who've already made their money from good pension pots and massively inflated house prices... the ones who really don't need to worry about the value of THEIR homes (as their - in comparison tiny mortgages have LONG since been paid off) ARE keen to exit. Our parents are respectfullly included in this!
I think you are being too harsh on the older generation, in accusing them of being purely selfish because they are secure, and crediting that for their choice of Brexit. A recent article in one of the May editions of The Economist stated that many older people (who voted in the Wilson 1975 Remain referendum) are now voting for Brexit to rectify the mistake that they made back then. I agree with that assessment and it is why I shall be voting Out. We were never told back then, nor was it even hinted at, what the Common Market (EC) as it was then, would become now. The politicians may have known but they sure as hell kept it from the public. It does appear in some cases they are voting for what they believe to be for the good of all - BUT with scant thought about their own kids, who've HAD to borrow massive amounts in order to be able to buy our homes - many of us, still with many years left on our mortgages... for whom, an equalisation (if we must call it that) in property values would be disastrous... if you read the terms of your mortgages, the "fekcers - sorry lenders" can at any time, re-value your property AND request we reduce THEIR risk! - Just take a look at all the buy to let landlords, teetering on the edge that companies such as paragon "push" over - JUST to be able to take the property into their OWN distressed property management company in order to be able to charge fees... thus generating an income stream to replace some of what they lost when they were unable to lend as much as they had been doing...
Many of our friends are so blinkered, looking back at rose coloured memories of times before Europe. I'm not sure if they are able to look rationally at the potential for economic disaster and instability - the crash of 2008 will seem like a walk in the park compared to riots on the streets. Sorry to say that there will almost certainly be some detrimental effect on the UK economy and, I believe, that that is a price worth paying in the long run. And it won't only be the younger generation that are affected despite what you think. But as for the rest of your doomsday scenario it sounds to me like you have been listening to (and your mind is made up) by the massive scare-mongering that the Remain politicians have been promoting. Roger
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