Comments on: Questions for the Near Future. 1

By: John G

John G — Mon, 11 Jun 2018 03:08:41 +0000

“What will you do when you are told that the state pension can’t afford to pay retirements any more?”

The obvious answer is to call bullshit. Because it is bullshit. Sovereign governments issue the currency. They can’t run out of that which they issue at no cost by keystroke.

By: richarda

richarda — Thu, 07 Jun 2018 12:59:39 +0000

In reply to Golem XIV.

I’ll offer a critique of your Question: “they” know that if every person in the UK got a letter though the post on the same day telling them that their pension was “vapourised” then it would not be long before criminality and corruption would make daily headlines.
I’ll avoid putting forward what I think will happen. “1984” is already being treated as a “How To” handbook, and most of the events and processes are already obvious.
If my children ask “How did you let it come to this?” my reply will be “you should have listened to me instead of the fake news media, and to take on the responsibility for change to yourself”.

By: Golem XIV

Golem XIV — Tue, 05 Jun 2018 11:29:51 +0000

Sadly I think you are right it will come to those things. And our children will ask us , “How did you let come to this?”

By: richarda

richarda — Mon, 04 Jun 2018 22:06:29 +0000

I’m in the somewhat fortunate position that my life expectancy is such that when the wheels come off I will be long gone. I have, however, some responsibility to the next generation and do wonder what to tell them.
Your Question does bring that distant day into sharp focus, and I do recall one savvy American girl saying that she has no expectation that her pension will be there when she retires. She had, so to speak, “got it.”
That realisation is the first step. Somehow, over the last 50 years the financial industry has sold the idea that pensions have some similarity to death and taxes,
I suppose 2008 was my real wake up call, though I already knew that the Pension Establishments were ripe for predation by other parts of that sector, and, if you were awake, you would have noted that Gordon Brown also had his teeth into that part of your flesh.
Life would have been simpler without the Pension Industry. People could have saved or hoarded or made other arrangements. The problem then would have morphed into protecting your nest egg from the Government, and would be constantly in the thoughts of PAYE employees as well as the self employed.
Just last week, the first signs of your Question appeared in my real world, with a note from one of my pension providers telling me that all was not well and flagging that a cut of ten percent might, maybe, possibly, at some time in the distant future, have to be made. So my mind is somewhat more attuned than others to the problems.
I can, however, provide an answer to part of the Question, and to one of Jonathon’s queries. The reason nothing gets done is because the people doing the prosecuting will be putting their fathers, brothers, sisters and cousins in jail. Civil war or revolution has a greater probability of occurance.

By: james bate

james bate — Sat, 02 Jun 2018 20:43:09 +0000

Golem to bring the discussion closer to home, you ask imagine if your state pension is scaled back ? I don’t have to imagine, my partner at 62 is a WASPI women and for some reason it all kicked off tonight its as if she saw George Osborne across the dinner table.
It is scandalous but its happened and they’ve got away with it, doesn’t bode well.

By: Roger G Lewis

Roger G Lewis — Sat, 02 Jun 2018 07:06:43 +0000

There is another attempted shoe-in for the establishment and therefore neo-liberal choice for the Green Party Leadership.

http://davidmalonegreenpartycandidate.weebly.com/blog-for-comments-and-new-content/green-party-leadership-2018

By: Mishko

Mishko — Fri, 25 May 2018 00:43:25 +0000

How about a bit of rioting before we conclude that the whole pension legislation was all too wonderful but alas not well enough looked after / saveguarded?
And lets depose all royalty for starters! Goddam inbred psychopath parasites.

By: Roger G Lewis

Roger G Lewis — Sun, 20 May 2018 08:47:59 +0000

In reply to Roger G Lewis.

http://letthemconfectsweeterlies.blogspot.se/2018/05/mmt-commissars-and-thought-police.html Welcome to the Jungle.

By: Roger G Lewis

Roger G Lewis — Sun, 20 May 2018 08:13:36 +0000

In reply to John G.

http://letthemconfectsweeterlies.blogspot.se/2018/05/mmt-are-they-gatekeepers-of-usury-or.html

No JohnG , we do not like authoritarian know it alls’.

By: John G

John G — Wed, 16 May 2018 10:47:50 +0000

In reply to Salford Lad. Careful. The natives around here don't like monetary reality.