So why are pensions to current retirees funded by current employees?

Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.

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See, this is what I'm talking about when I refer to "human thermodynamics". Think about it: for "Nod Heed" to post the above, many humans had to do many things. Humans had to design computers, build them, design and build computer networks, design and build the client/server software and the underlying operating systems, maintain and monitor the servers which required even more humans to provide electricity and design and build the buildings housing the servers, and all of THOSE people required food, shelter, transportation, EDUCATION, health care, etc., requiring even more humans to diligently toil at those tasks.
All of those people have to work so that the angry senile useless stupid old geriatric "God Peed" can make hundreds of worthless idiotic posts from his rest home, and in return, HE PROVIDES ABSOLUTELY NO VALUE TO THE "ECONOMY" AT ALL.
Now, multiply that by HUNDREDS OF MILLIONS of "retirees" around the world, and a person of average intelligence should be able to spot the "human thermodynamic" disequilibrium, which will of course be reflected in the monetized "economy", primarily as sky-rocketing "debt"...
--
William Ernest Reid
Post count: not increasing as rapidly as it
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Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.
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A thought so nice he posted it twice...IN THE SAME FRIGGIN' DAY, DAY AFTER DAY AFTER DAY AFTER DAY, AD RETARDUM!!!
--
William Ernest Reid
Post count: many many orders of magnitude greater than
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Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.
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OK, the first 200 times this was kind of funny, I didn't take it personally because "Bod Fleaed" is obviously such a fun kidder, but now I'm beginning to get a little peeved...another 300 of these, I'll be PISSED (well, a little)...
--
William Ernest Reid
Post count: the number isn't that important,
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Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.
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Remember the Paul Simon song "Still Crazy After All These Years"? Well, you, "sir", and "STILL STUPID AFTER ALL THESE POSTS!!!"
--
William Ernest Reid
Post count: WAAAYYY more than functioning brain
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Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.
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It's like the friggin' oil spill, but twice as stinky...
--
William Ernest Reid
Post count: millions of gallons less than the
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Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.
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NO!!! THAT'S JUST NOT TRUE!!! TAKE IT BACK, YOU BIG MEANIE!!!
--
William Ernest Reid
Post count: millions less than all the "baby boomers"
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Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.
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So, what are your opinions on the BP oil spill? I'm sure you have an interesting take on this mess. Please share, if you have a minute.
--
William Ernest Reid
Post count: millions less than the fingers pointing
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I knew it..."Sod Peed" has no ability to post anything except repetitive dumb insults about people being "pig ignorant"...he could have said what I, as an intelligent human, would have said if asked: "I think BP should make whole all the people who have been harmed by this spill and that while I agree in general principle with a ban on deep-sea drilling because of an obvious inability of the industry to guarantee the prevention of catastrophe's of this nature, I also agree with the judge that overturned Obama's moratorium as being overly broad and more punitive in nature, because I believe the industry can prevent catastrophic spills at depths included in the moratorium."
See how easy it is (for me) to make an intelligent post? Why can't you do the same? If you aren't intellectually able, maybe you should consider not posting at all.
--
William Ernest Reid
Post count: neck and neck with "Scrod Deed"'s "pig
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Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.

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Some terminal fuckwit claiming to be Bill Reid wrote just the puerile shit that any 2 year old could leave for dead, as always.
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On Mon, 10 May 2010 07:30:22 -0700, Bill Reid wrote:

You are correct. The "saving" of money is an illusion and always has been. But that is the only way that rightardia can manage the realities without compromising their religious beliefs. The concept of "insurance" is not something that the rightarded will allow themselves to actually think about.
And the notion that the "savings" one accounts are really goods immediately consumed by someone else in the economy and they "owe" you for foregoing your full pay is also lost on such people. The "savers" condemn the consumers yet they would be unable to "save" if these "consumers" did not consume.
--
"Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60

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Michael Coburn wrote:

Dunno about *that*, but in various historical examples, regimes have laden economies with so much "insurance" that the nation's finances verged on (or crossed into) infeasibility/illiquidity/ insolvency.
If all you look at is the violence in Chile, you miss at least half the story. Allende did everything wrong that it is possible to do wrong. When a poor country nationalizes a big industry, you pretty much guarantee pariah status for the nationalizer.
Point being that even Communism aside, Niall Ferguson calls the social program largesse of Allende the cause of his downfall (and many people disagree). Had Allende been as successful as Chavez has been in Venezuela, it would have been much more difficult for a CIA coup to be orchestrated. The case as presented to Nixon was that of a power vacuum, with multiple coup attempts prior to the Pinochet one. As it turns out, the KGB were no longer interested, but they were apparently the only ones who knew that.
But no sitting American President could tolerate another Cuba. Obama's even shot stern words across Chavez' bow.

If people saved sufficient to provide for themselves, we certainly would have a very different equilibrium. This is one case where I'll stipulate to your description as "religious" - it really does mainly come from scriptural strictures, of "the debtor is slave to the lender" variety.
We don't have a *clue* how to manage deflation to this day. It's kind of shocking.
-- Les Cargill
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Les Cargill wrote

And Chavez just yawned and made and obscene gesture in his general direction.

Not anymore.

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