Pension funds are secretly meeting to cut pensions…
Pension funds are secretly meeting to cut pensions…
It took a few months, but the Fed’s mouth-to-mouth resuscitation brought gasping investment banks and hedge funds and giant corporations back to life. Wall Street rejoiced.
But the Fed’s academic models never addressed one basic question: What happens to everyone else?
“Vanguard shows little or no profit and pays little or no federal or state income tax despite managing Funds with nearly $2 trillion in assets.”
[…] The takeaway for investors is this: high mutual fund fees are already gobbling up your hopes to ever retire in comfort. As Frontline’s Martin Smith exposed in April of last year, if you’re receiving the typical long-term return of 7 percent on your 401(k) plan and your fees are 2 percent, almost two-thirds of your account will go to Wall Street over the course of your career.
The only way to keep the Ponzi scheme going is to keep raising taxes and mandate 100% compliance.
Then use force if necessary, but call it a “State of Emergency” for National Security”.
Despite its fraud-bloated size; the entire Western financial sector (all of these rapacious, utterly criminal Big Banks) would form only a small component of this One Bank. Thus while it is not necessarily true that the One Bank has effective control of all these fraud-factories; it is undoubtedly true that it controls the vast majority of them.
Bank of America has conspicuously co-mingled their derivatives debt with your savings account and as such they have every legal right use your money to cover their debt. Oh, they would never do that you say? I have bad news for the uninformed, they already have done that very thing.
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Cash Transaction Report (CTR), a Suspicious Activity Report (SAR) and structuring. Before proceeding with the planed withdrawal of your money, I would strongly suggest that you read the following federal guidelines as it relates to CTR’s as produced by the The Financial Crimes Enforcement Network (FinCEN).
we will see significant increases in taxation.
If you thought the lies about the Syrian Bombing was bad as it could possibly get, then you will likely roll over in disgust because the PENSION BOMB is TRILLION$ time worse… It’s a TRICK and not a Treat, UN-happy…
. Michigan Governor Rick Snyder . RELATED: domino effect – Because the problems have not been solved expect more cities to follow beyond the State of Michigan… Two Detroit pension funds have sued the city’s emergency manager, Kevyn Orr, and Governor…