Here is a little history about how pension plans came into being and why this system is in trouble, deep trouble.
Archive for January, 2012
There is a saying, “Desperate times call for desperate measures.” Roughly, it’s an expression that’s meant to be reassuring, conjuring up an image of a true statesman-like leader who is preparing to do whatever is necessary to lead the masses out of danger.
Of course, the expression doesn’t have the same connotation when applied to the Obama administration in its futile struggle to balance the nation’s books. Left to fend for itself by a hapless Congress that couldn’t agree on the color of red bricks, let alone pass a budget that actually curbed spending and lowered the national debt, the administration has taken to theft as a way to pay the country’s bills. Specifically,the Treasury Department is stealing cash from federal employees pension fundsso the government can obtain more credit to pay its debts.
Baby Boomers Facing Retirement Crisis. By 2035 the social security system will be dead. You need your own plan, the ‘Alternative Pension Plan’.
10 reasons why even democrats, liberals and progressives are choosing Ron Paul over Obama. You will find some reasons very surprising and also learn why Ron Paul, the long shot, is gaining ground in the US Republican campaign. However, expect the media to play this down and push Ron Paul out of the lime light. If Ron Paul is not the chosen one, expect a possible third party candidacy as the Ron Paul Revolution revs up.
Mitt Romney RAIDED Pension Plans Of Companies and Left Workers WITHOUT Retirement! So, you cannot rely on company pensions either. You need an ‘Alternative Pension Plan’.