Here is a screenshot of the national debt clock from this morning:



Take a look at the areas outlined in red. Do any of you have that kind of money to satisfy the debts our fearless public leaders have racked up on our behalf? Every taxpayer in this country owes in the neighborhood of $1,000,000.00. This doesn't even include the State and local debt that everyone owes also.

Take a look at this and your states debts: US Debt Clock

There is not a chance in hell of ever paying any of this back.

If you want to leave something for your wife and kids then have life insurance
Seriously, do all of you guys with crappy 401ks actually think you'll have anything left after 20 years of retirement to leave to your family?
Your money will be gone and you'll be down to eating cat food and drawing welfare


Because the national debt has everything to do with how a pension plan is operated........nope.

 
Nope, it's just math.


The retiree pool will grow faster than the worker pool and retirees will continue to live longer and longer.


It's really not even hard math.

god, the same fucking thing from every progressive since karl marx.

"without the government, you'll be eating cat food and drawing welfare"

some people will.  You know why?  because they are stupid and blew every fucking dime and never bothered with a family.

You let me keep my social security, my medicare, my medicade taxes and don't tax my fucking retirement?

I'd be fucking rich.  I could live off my interest alone.

stupid people should suffer.

It keeps the stupid population under control.

without the government subsidizing stupidity, we would have a lot less of it.

government takes all your fucking money and then tells you, "without us you will starve"

well, without you I wouldn't be broke, would I?

Used to live in the city and continue to work downtown. I will be sure to mention this to all my coworkers who look down upon anyone who decided to move to the burbs. They simply can't comprehend living anywhere but the N Side of Chicago while touting all the benefits the city has to offer.

Sounds about right.

Join the fucking club pal. I'll likely never see a dime of the money I paid in to social security my whole life. What's the difference?

And spare me the "I serve my community" nonsense. You worked and were compensated.  It's not like you donated your services. Part of that compensation is supposed to be a pension and you may well get fucked out of it. Which is complete bullshit. But at least you had a choice to trade your social security for a pension. I had no option but to get fucked over.

On top of that, you should have known better. Our governments can hardly administer an efficient DMV and your going to entrust them with the entirety of your post retirement income?  Given the well know, well established track record of complete failure of government to administer almost anything effectively you are going to trust them to take care of you financially, in perpetuity?  Lol

Highlighted for the Marxists who have problems understanding human nature.

Good lord. Those right there are examples of pure waste and retard. They need to lose both of those pensions.

Zimbabwe here we come!

So they'll all just move to you or somewhere else. The citizens will not be held accountable for their decisions.



 

Yep

Not sure how it works in IL but the two states where I own houses the property tax is based of assessed value. So if I get this right the property tax rates for Cook county are very low, and the property values are high. The rest of the state the rates are much higher and the property value varies. Sounds like MI. I pay almost as much property tax for a 180K house in MI as I do for a 650K house in IN. Of course in MI I don't get the homestead exemption. I have noticed areas where the property value is low the rates are much higher. Places where the property value is high and the rate drops. "They" have to get the revenue one way or another. Think of how much tax a $15,000 home in Detroit would generate.