This article was written by Michael Snyder and originally published at the Economic Crisis blog.
Editor’s Comment: The problem with waiting for a gigantic disaster to unfold is witnessing how thoroughly wired for demolition the whole thing is. The set up has been precise, even if ugly and basal in its fall. The Federal Reserve has long fed or starved panic and disaster with its creation of money, with the pumping of the prime, or the contraction of money supply. Now, after 8 years of Obama and a “recovery” from the 2008 economic crisis that has been based around unlimited liquidity, a major hot potato has been passed around for all those drenched in debt, and dependent upon a system that works.
Public pensions systems are the god-awful nightmare in the basement that threatens to make any such crisis – perhaps initially centered only around Wall Street behaviors – much, much worse by scale. Rather than lock boxes, they have become heavy-abused IOUs cash stashes, and in the most recent decades, these ‘vehicles’ for pay-it-later investing have been tossed around by private equity firms. They are agents for attempting to grow pension values on the open market, but they are also vulnerable as a carcass of ill-guarded funds that are easily spent on risky investments, and there to take the loss, while those who’ve done the betting once again go on the run.
The Ticking Time Bomb That Will Wipe Out Virtually Every Pension Fund In America
by Michael Snyder
Are millions of Americans about to see the big, juicy pensions that they were counting on to fund their golden years go up in flames in the biggest financial disaster in U.S. history? When Bloomberg published an editorial entitled “Pension Crisis Too Big for Markets to Ignore“, it simply confirmed what a lot of people already knew to be true. Pension funds all over America are woefully underfunded, and they have been pouring mind boggling amounts of money into very risky investments such as Internet stocks and commercial mortgages. Just like with subprime mortgages in 2008, this is a crisis that everyone can see coming well in advance, and yet nothing is being done about it.
On a day to day basis, Americans generally don’t think very much about pensions. Most of those that have been promised pensions simply have faith that they will be there when they need them.
Unfortunately, the truth is that pension plans all over the country are severely underfunded, and this has already resulted in local fiascos such as the one that we just witnessed in Dallas.
But what happened in Dallas is just the very small tip of a very large iceberg. According to Bloomberg, unfunded pension obligations on a national basis “have risen to $1.9 trillion from $292 billion since 2007″…
As was the case with the subprime crisis, the writing appears to be on the wall. And yet calamity has yet to strike. How so? Call it the triumvirate of conspirators – the actuaries, accountants and their accomplices in office. Throw in the law of big numbers, very big numbers, and you get to a disaster in a seemingly permanent state of making. Unfunded pension obligations have risen to $1.9 trillion from $292 billion since 2007.
And of course that $1.9 trillion number is not actually the real number.
That same Bloomberg article goes on to admit that if honest math was being used that the real number would actually be closer to 6 trillion dollars…
So why not just flip the switch and require truth and honesty in public pension math? Too many cities and potentially states would buckle under the weight of more realistic assumed rates of return. By some estimates, unfunded liabilities would triple to upwards of $6 trillion if the prevailing yields on Treasuries were used. That would translate into much steeper funding requirements at a time when budgets are already severely constrained. Pockets of the country would face essential public service budgets being slashed to dangerous levels.
So where are all of these pensions eventually going to come up with 6 trillion dollars?
That is a very good question.
Ultimately, even if financial conditions stay as stable as they are right now, a whole lot of people are not going to get the money that they were promised.
But things will get really “interesting” if we see a major downturn in the financial markets. According to Dave Kranzler, if the stock market were to fall by 10 percent or more and stay there for a number of months, that “would cause every single public pension fund to blow up”. And Kranzler is also deeply concerned about the tremendous amount of exposure that these pension funds have to commercial mortgages…
Circling back to the mall/REIT ticking time-bomb, while the Fed can keep the stock market propped up as means of preventing an immediate nuclear melt-down in U.S. pensions (all of which are substantially “maxed-out” in their mandated equities allocation), the collapse of commercial mortgage-back securities (CMBS) will have the affect of launching a nuclear sub-missile directly into the side of the U.S. financial system.
The commercial mortgage market is about $3 trillion, of which about $1 trillion has been packaged into asset-backed securities and stuffed into yield-starved pension funds. Without a doubt, the same degree of fraud of has been used to concoct the various tranches in these CMBS trusts that was employed during the mid-2000’s mortgage/housing bubble, with full cooperation of the ratings agencies then and now. Just like in 2008, with the derivatives that have been layered into the mix, the embedded leverage in the commercial mortgage/CMBS/REIT model is the financial equivalent of the Fukushima nuclear power plant collapse.
I have previously talked about the ongoing retail apocalypse in the United States which threatens to make so many of these commercial mortgage securities go bad. It is being projected that somewhere around 3,500 stores will close in the months ahead, and this is going to absolutely devastate mall owners. In turn, it is inevitable that a lot of their debts will start to go bad, and pension funds will be hit extremely hard by this.
But the coming stock market crash is going to hit pension funds even harder. Stocks are ridiculously overvalued right now, and if they simply return to “normal valuations”, pension funds are going to lose trillions of dollars.
We are talking about a financial tsunami that will be absolutely unprecedented in our history, and yet investors continue to act like the party can last forever. In fact, we just learned that margin debt on Wall Street has just hit another brand new record high…
The latest data from the New York Stock Exchange show margin debt, or cash borrowed to buy shares, hit a record $528.2 billion in February, up from its prior high of $513.3 billion in January.
Of course my regular readers already know that margin debt also shot up to dramatic peaks just before the last two stock market crashes as well…
Prior periods when margin debt hit records occurred around stock market peaks, including 2000 when the dot-com stock boom went bust, and 2007 when stocks began to crater amid early signs of trouble in the housing market ahead of the 2008 financial crisis.
Margin debt jumped 22% from the end of 1999 before peaking in March 2000 at $278.5 billion, the same month stocks peaked. In 2007, margin debt shot up to $381.4 billion in July, three months before stocks topped.
We are perfectly primed for the greatest financial disaster in American history, and yet very few people are sounding the alarm.
This massive financial bubble is a ticking time bomb, and when it finally goes off it is going to wipe out virtually every pension fund in the United States.
This article was written by Michael Snyder and originally published at the Economic Crisis blog.
The best thing is to cash the pension in (if foolish enough to pay for one in the first place) and buy precious metals or buy property to rent out.
Don’t buy stocks as they are about to crash and so would your investment.
Stay safe folks, something’s going to happens soon………….
Get out while you can. Some will make it most will not.
Do not worry about paying taxes. Part of something is better than ALL of nothing!
THE SKY IS FALLING!! THE SKY IS FALLING!!
Well catch it them will ya!
Someone here told this community that Pension Funds would be the next target of the NWO Gangster Banksters ….. YEARS AGO ….. long before the thought had crossed anyone’s mind.
Who was that Masked Man ??? Yes, of course, it’s in the archives. What’s next, what’s next, what’s next ??? 🙂
The bankster gang wouldn’t dream of stealing trillions in retirement funds. They would NEVER allow us all to be destitute in our old age. After all, they have a feduciary duty to protect our retirement funds.
Are you wondering about the color of the sky on my planet?
It is better to be years early than a day late.
The pensions all crash just remember,so does everyone else.The banks will not get their loans payed and folks who think people will go homeless because they were unable to pay bills due to banking theft with in hand govt. better think again,goes for all loans/credit cards and especially govt. pensions at any level,you also will not get paid,first it was ss for most part,now pensions,opefully,if you have anything left it is somewhere in hand for lack of a better word and has value,and I do mean beyond food/bullets ect.
I took early retirement with a nice pension. If I lose it, I’ll work. If I can’t work, my children will help me. If all else fails and I starve to death, that’s ok. I’ve had a life. When it’s over, it’s over. I’m ok with whatever happens. Serenity. I’m ready. I prepared.
God Bless you all, even the jerks.
Guess what B from CA? There’s quite a few of your beloved ” Chews ” in heaven.
Quite a few people of color as well. Its not strictly the domain of Aryans. Unless you
believe in all of that viking Walhalla crap. Yeshua ( aka Jesus ) was a ” Chew ” by nature.
If the gate opens and you see him, you better run to him. Check your swastikas at the door.
Guess what anon, there IS NO HEAVEN. Just some crap written by rulers to keep you in line and obedient. Now be a good boy or you are GOING TO HELL! 🙂
There is both a Heaven and a Hell. Been to both. There are also other dimensions …. how many I don’t know, but I can tell you that comparatively speaking, time in one of those dimensions is much slower than ours, (others faster): and what would resemble minutes in our time would be hours in that location.
Development is on par with US in THAT dimension, but SOUND is the motive force, rather than hydrocarbons. Aspects of OUR individual souls populate that space and time.
Yeah, its true. But don’t my word for it. Go within. All of the answers and all of the questions for those answers are within. 🙂
DK, I agree except there is NO heaven or hell, it’s just a control mechanism. There is Karma though.
Karma, Christ and Reincarnation are ALL real. You reap what you sow, sometimes sooner rather than later. But eventually, you must meet yourself, coming and going.
Christ DID die for our sins and Vicarious Atonement is true. I must testify to this truth having EXPERIENCED this mystery for myself. You can too, but be careful what you pray for.
Vicarious Atonement can only be experienced and thus understood, in and through the Spirit.
Reincarnation is also a fact and anyone who truly knows themselves and has had a real dialog with their higher self; the Spiritual Someone they really are, knows it.
If not, get busy you have a lot of inner work to do and time is short: as these personal revelations do not come easily and require much anguish.
But they are there for the asking. 🙂
Luckily those apes we came from had the right type of DNA that allowed you to evolve into a “genius”
If man came from apes, why are there still apes?
Turns out, Genius, that your atheism is in itself a religion, where religion is defined as anything that tells us where we came from, why we are here, and where we are going. And your atheism sure did wonders for Russia (62 mm murdered) and Mao’s China ( perhap 30 mm murdered).
Oh yeah. Dr. Simon Greenleaf. The Harvard prof who over 100 years ago established the rules of evidence for this nation in courts of law. I.e., what legally constitutes proof in the US. Greenleaf was a Jew, a non-Christian. Someone challenged him to examine the veracity of the resurrection, which he had the intellectual honesty to do. He later penned “The Testimony of the Evangelists,” part of his story of his conversion to Christian faith. My question is, whether you have shown that same intellectual honesty. Not saying you haven’t, or have. I’m just saying if you haven’t, then you have no basis for your proposition.
Mon ami, je vous suggère de montrer une certaine honnêteté intellectuelle et d’examiner les faits.
TEST, let’s dissect the word religion. RE= to change LEGION= alignment with a belief or group. So in essence religion simply means to realign ones self with a belief system other than the true self. I believe we are created and live eternally. Is that a religion? NO, it is simply an inner knowing. Nobody told me to know that I adapted it myself because it is obvious to even the biggest of fools. You are born with the knowing but it can be religioned into some bullshit to control you and make you obey mans laws. I believe in the golden rule/ natural law. Karma is part of that and we are just on our cosmic journey of experiences and learning slowly ascending in consciousness. I don’t care what some chew or Christian or muslim or whatever says, there shit is all man made. The cosmic intelligence can create so called miracles at will. If you want to call it god or jesus or whatever it’s just a name people put on things.
And THAT IS Intellectual honesty and spiritual too. Because I don’t subscribe to MSM religious bullshit makes me an atheist? What about people that never heard of jesus? Are they all in HELL now? Or Buddah or any other bullshit mind control scheme. I OWN MY MIND and am responsible for my actions not deceived into any ancient or otherwise govt. control scheme’s. The buybull is 2000 years old for fuck sake, EVER HEARD OF lost in translation? 2000 years of editing, mistranslation, manipulation, censoring, for Christ sake passing a message through 10 people will change the message entirely. Imagine 2000 years of that and passing govt. scrutiny and manipulation. If so called jesus ever even existed he probably tried to teach people the same thing I believe. FEAR GOD OR BURN IN HELL! Give me a break, That is the biggest lie ever!
I could go on and on and on about what obvious bullshit it all is but in my opinion, it should be already obvious to anyone with half a brain and a free spirit. Wanna get in touch with the creator/ cosmic intelligence? Try some shrooms sometime.. it might enlighten you a bit lol.
Oh but that is illegal, and it might screw up my screwed up belief system! See what I mean? Your so brainwashed into being an obedient slave of mans laws and fearful of what might happen you won’t even consider it. From the ancients to the later day natives, they have all resorted to the practice of plants to connect to the higher consciousness. But not you, it’s illegal and bad you know just like you have been trained to think lol. Now back to your regularly scheduled programming…….
You are all going to rot in heaven!
Believe whatever you like. Hope you have it all figured out.
I believe I do thanks 🙂
Been reading your posts for years you seem too sharp to starve . Karma dictates you will be taken out by a super predator of color unless you repent and start judging people by there individual character. God bless you as well
I have never met a chew I liked, every one of them are money grubbing shifty, weasley fooks. As far as blacks there are plenty of them I like and Mexicans too but the majority of blacks are naggers and I want nothing to do with them. Racist? Not really, just REALIST!
My folks friends had a real cute daughter,,, they were Jewish, nice folks, she was super sexy, it was in the 70s she was about 6 years older than me and was sorta a hippy girl, nice golden whispy hair on her sexy bod, just a babe, yum,,,
People are people, some good, some bad, but all deserve a fair shake
Years ago I dated a chew girl. After a while she told me her real intentions. I want a big house and 3 kids and all that shit. I asked her how she was going to pay for all that (she was a 7-11 clerk). That shut her up real fast and it was soon over with lol.
Ive had that from 2 diff women, an irish polis girl and a chinese hawaiian girl, same difference
If blacks and Hispanics were as educated and successful as Jews, you would despise them as well. You just like people that are “beneath” you because it makes you feel a bit better about yourself. With affirmative action and all kinds government goodies, any minority can succeed if they put some effort into it, but if your only concern is being a gangster, then you end up dead or in jail. Your opinion is based on jealousy. No, I don’t like that many Jews are liberal politically, but I’ll give credit where it’s due. You’re a real “genius”.
I judge people by their actions. Jealous? I don’t think so. Did you even understand my post? I guess not. I like honest trustworthy people no matter the color, the rest can fuck off, kinda like you and your reading comprehention skills and speculations.
Yes, I understood your post, all too well. If you judge people by their actions, you would have a different point of view, since the majority of black males commit crimes and end up in jail, and virtually all black children are born to single parent households on welfare. These are backed by government statistics. Do you consider this to honest and trustworthy behavior? Because they are failures, it makes you feel a bit better about yourself. Jealous? Yes. Speculation? No.
Lots of money grubbing people out there. No tribe or persuasion immune from it.
Yup. I’ve met all types.
B from CA: You’re Retired? I guess that’s why you spend every minute of the day and night on this site – giving everyone advice on hot sex, cooking, and fashion tips, in addition to spewing ridiculous conspiracy theories. Sounds like a miserable retirement for a miserable old man. Stop trying to sound “serene” when all you do is piss and moan all day. It’s laughable.
Evil , B of Ca’s truth hurts, huh? You can’t handle it, obviously.
Change your name to Evil Braindead!
Obviously Ketchup, you are B of CA’s lackey
What about the people in their 50″s ect and the future so glad you accept your demise and certain death with such calmness, and clarity hope you will die a natural death and violence don’t take you quicker than you planned
I’m so happy you have accepted this so calmly. I just hope that violence or natural disasters don’t interfere with your well laid plans. I’m not retired and already been knocked out my the 2008 recession. I just hate that they will get all of our hard earned money and there won’t be anything we can do but cry cry cry. While were crying they will be in their mega mansion bunkers laughing of course until we die die die
‘THE IDENTITY AND INTEGRITY OF THIS WEBSITE IS IN QUESTION– DO YOU WANT TO CONTINUE?” that’s WHAT I have to deal with everytime I want to come to this website or other websites which contain hidden truth against the State!!!
Like, who the fuck gives “them” the right to decide what is integrity or not?? What the heck happened to free speech and freedom period, in this country?? that just REALLY burns me up!! the STUPID, f… pieces of shit that run this country (or should I say, “ruin” this country!) stick their fucking nose in every damn thing they come across!! I will be glad– SO GLAD when the Revolution comes and throw the bastards out!!!!
Yes, I’m anonymous as well. Stop salivating for the bloodshed. Some would argue there are
over 300 million bastards in this magnificently imperfect place. Go pound your pud. Breathe deeply and drown your sorrows in Twinkies. Take the edge off. Maybe you should
put the Amsterdam red light district on your bucket list. When you get back to this great
land you might have a different outlook. CHILL.
You gave them that right when you decided to use the software and type of computer you’re using.
I don’t have that problem. I’m using Windows 7 and Firefox on a computer that I built from scratch a few years ago.
It also won’t happen on an old laptop using Linux.
Nor on an apple or mac
Dear Anonymous, your hope for revolution is right, but you have to PREPARE for the revolution, first. If people is not prepared, then counter-revolution immediately comes, and surely will wipe out revolutionaries, because counter-revolutionaries have the power and are perfectly organized. So, start up buying some books by Lenin and about Bolscheviks, and study them very closely. This task only will take years. As your knowledge and awareness progresses, go down in the streets, and start to organize a revolutionary party. This task will take at least 20 years of very hard, totally committed work, and only if hard times comes in America. If the economic and geopolitic situation stays afloat as it is today, you’ll need 40 years. Then, if you will survive to all of this, you could have a chance.
Ruin, thats a definite
If everything goes to shit you could always retire by robbing politicians and bankers!
One good robbery deserves another I say….
As long as Trump is in office nothing bad is going to happen.
After he leaves office, that is when you need to be worried.
Anonymous, Trump’s life is in danger 24/7/365. Whose fantasy world you been in? Spring is here and it won’t be very long before all the libturd groups start acting up. It’s going to be a long hot summer.
Leftists already scream “It’s OK to punch a Nazi!” Not hard to see things escalate from there.
SNYDER AGAIN?! HO HUM, BACK TO SLEEP.
Trump Is Killing Record Amounts of Civilians In The Middle East
By Mike Redmond
Information Clearing House
March 30, 2017
It turns out Trump’s first disastrous raid in Yemen — an exercise in boosting his strongman image by green lighting a raid that Obama wasn’t “kickass” enough to authorize for reasons that are now deadly apparent — was only the start of a bloody campaign that looks a hell of a like the start of war with Iran.
In the days leading up to the 2016 election, I became aware of a chilling rationale that powered support for Donald Trump among active military members that went way beyond the old chestnut that Republicans quickly lose their religion on deficits when it comes to defense spending. And Donald Trump has already demonstrated that he’ll yank meals away from senior citizens if it’ll buy a few more bullets. “Sorry, Grandpa, we’ve got brown people to kill. Have you tried eating a shoe?”
And while I absolutely understand the instinct to protect one’s job and put food on the table, which voting Republican is almost guaranteed to do if you’re in the military, where I start to become concerned is when I hear things like, “Donald Trump is finally going to let us kick some ass.” Which is also the same mentality that earned Trump an endorsement from the Fraternal Order of Police. Essentially, anything goes. It’s an idea that stretches back to the aftermath of the Vietnam War when a myth was deliberately injected into our national lexicon that America lost that endeavor because we had “one hand tied behind our back.” Except anyone with even a cursory knowledge of Vietnam knows that orders to commit horrifying and unconscionable acts were carried out pretty easily.
But before I paint with too broad of a brush, the military and police are obviously not a giant monolith where everyone votes and thinks in lockstep. I know there are men and women in uniform who fully appreciate the violence that’s about to be unleashed under the questionable leadership of a narcissistic manic who openly advocated committing war crimes and faced zero repercussions for it. And in the coming days, I have no doubts that those men and women will be the heroes who come forward to tell us how that violence happened and why it shouldn’t be ignored.
Which brings us to Trump’s current meddling in the Middle East that’s being overshadowed by whatever the hell Devin Nunes is trying to pull and the spectacular failure of the American Health Care Act. It turns out Trump’s first disastrous raid in Yemen — an exercise in boosting his strongman image by greenlighting a raid that Obama wasn’t “kickass” enough to authorize for reasons that are now deadly apparent — was only the start of a bloody campaign that looks a hell of a like the start of war with Iran.
Even more alarming, reports from the ground in Yemen, Mosul, and Syria all share a consistent theme that should give anyone with an understanding of how the military operates significant pause: The rules of engagement are being relaxed. From The New York Times (emphasis mine):
The American-led military coalition in Iraq said Friday that it was investigating reports that scores of civilians — perhaps as many as 200, residents said — had been killed in recent American airstrikes in Mosul, the northern Iraqi city at the center of an offensive to drive out the Islamic State.
If confirmed, the series of airstrikes would rank among the highest civilian death tolls in an American air mission since the United States went to war in Iraq in 2003. And the reports of civilian deaths in Mosul came immediately after two recent incidents in Syria, where the coalition is also battling the Islamic State from the air, in which activists and local residents said dozens of civilians had been killed.
FULL STORY: http://www.informationclearinghouse.info/46762.htm
All true not just pensions if there petro dollars fail full blown cashless society is what the deep state central bankers will go to,
Rockefeller wet dream.
That’s why there trying to take over Syria to get the oil pipeline thru Europe.
That’s why the deep state will put safe zones they say are for refugees all b.s it’s to take over the land to put bases on.
Anyway our pensions are toast don’t count on that or S.S if you keep the mindset that it’s gone and don’t count on it you can make arrangements and be a lot maybe a little less pissed off.
My pensions are private and are very well funded in fact they are overfunded. Regardless of what is said I’ll get my social security when I apply for it in the next year or so. If it takes a “haircut”
in 2032, oh well.
The real beauty of a crash would be a depression. I would consider that to be a Godsend. The government is killing us with this inflation that they manufacture so they can pay off debt with inflated dollars. I don’t think hyper-inflation can happen here as we have sufficient resources and industry to cover our basic survival needs. We have over 330 million people and a very rich land.
Now if an EMP, Solar event, War, or earth wide natural disaster occurs then economics will change, but that is why we prepare.
You’ve got that right. I could give a shot as long as I get mine. I’m 65, retired at 59. I took my SS at 62. My 401k is doing great right now thanks to Trump. Hopefully, he will continue getting rid of stupid EPA rules and regulations. The less it costs to do business, the more money I make. The next generations will just have to figure it out for themselves.
Sorry, this won’t work based on simple math. That is unless this Ponzi scheme goes on another 20 years and you live to 85. As far as the young, they still have their most productive years ahead of them and based upon what is coming, won’t be fooled by the next Ponzi scheme having seen the present one collapse in front of their eyes for their parents and grand parents. No, what excess they produce will be stored in real tangible forms of wealth and not in the form of IOU promises like the generation before. Life will also be simpler due to diminishing surplus energy but it will also be honest. Lower consumption levels and higher levels of self-sufficiency will be the new the paradigm. Basically the reverse of the last fifty years. Nature wouldn’t have it any other way. So enjoy your time in the illusion for it could end tomorrow or twenty years from now. The longer it goes on the more wealth will be destroyed.
That’s an interesting theory I will say. But in order for that to happen the population will half to be cut by at least 50%. Self sufficiency will be a thing of the past after the rulers herd the sheep into the pen (city). Life will be honest? It never has been and never will be. Nature is going down the toilet and the planet is being killed by a plethora of things. (The children of tomorrow are children of the grave). Ozzy…..
Without cheap energy, the human carrying capacity of Earth goes down by about 6 billion.
JAs as you are getting old and have much, the next generation might figure it out by coming to your house and beating what you have out of you.
At least half of the 330MM are takers, raised by takers.
And if they are not takers they are enablers of the takers, ie, democraps
It really doesnt matter how well funded your pensions are if a loaf of bread costs 20,000 and the govt raises your property tax exponentially to cope. Economic collapse will wipe out fiat money. All fiat money.
“‘THE IDENTITY AND INTEGRITY OF THIS WEBSITE IS IN QUESTION– DO YOU WANT TO CONTINUE?” that’s WHAT I have to deal with everytime I want to come to this website or other websites which contain hidden truth against the State!!!”
A similar message occurs when you go to a HTTPS site with a old or bad certificate. Maybe there is something wrong on your side?
SOAP AND TOILET PAPER WHEN SHTF…
I have tried and tried to find out about (pre- white man) Indian sanitation habits. I finally found it!! American Indians before white skinned Europeans came here– used MOSS– dried moss to wipe their [email protected]@ They collected it and used it for that purpose! (Also, certain leaves).
As for soap, Indians used the Yucca root (and sometimes roots of other plants). “Lathers nicely and not drying like lye-based soap.” 🙂
Corn cobs and yellow pages.
Bible paper is thin and good for rolling smokes too!
Says the non-believer. I can feel your hatred. Common denominator of most atheists.
Anger and hatred.
Not hatred, just pointing out the bullshit I see. Your brainwashing keeps you from finding the truth within yourself (disguised as religion) read my post above. Non- believer ha ha ha, believer in what? Some man made pseudo government bullshit? And yes, bible paper can be used to roll smokes 🙂
RUBBERS and TAMPONS TOO 🙂
You go and use your moss. Scott paper says people use about 16-19,000 sq of Tp per year. I’m sure we waste at least half of that. so 10 rolls of 1000 should last us a year. That’s about $10 per year,per person. You gather moss; I’ll just buy TP.
I’ll just use trespassers lol. Or scoot my ass across the ground like a dog. Or maybe scoot it down a barkless tree? Or maybe use a washcloth that is washable/reuseable? Or maybe some politicians face (preferably with a beard)?
Gathering moss for toileting is labor-intensive. Besides, there ain’t a lot of it in the desert.
my grandmother just spread her legs, according to mom… when she had to pee and was out on the farm, working in the garden. They wore real long dresses in those days…
I already have TONS of toilet paper, Paranoid.. TONS! Just thinking of shtf event when we may have to be on the run…
Do not say runs!
In my Northern California house, the Eastern side of the house had a dirt path to our side gate. For years it was a chore to keep weeded. During the rains it was a little muddy, not too much. We opted to put in red bricks. Along the outside I planted a particularly attractive low moss for ground cover, and to grow in any breaks that might form between the bricks. The bricks are not without filler, so there is not a lot of opportunity for the moss to come up, but where it does, it looks really pretty. I would never have thought of moss for personal hygiene.
If you find the recipe for yucca soap, please post it. Thanks for the info.
Now, to find that recipe for Yucca root soap on the internet… hmmmm …
The Road to RootA
Back in 1974, the US government mandated The Employee Retirement Income Security Act, otherwise known as ERISA.
All of the various pension plans (IRA’s 401K’s, etc.) are invested in the stock market.
At age 70.5, enrollees in these pension plans, MUST begin withdrawing their funds.
The oldest of the Baby Boom generation began reaching age 70 in 2015, and every year millions of Baby Boomers reach age 70, what happens to the economy and the stock market when millions of Boomers begin withdrawing their funds?
Jeremy Siegal, an economist at the University of
Pennsylvania’s Wharton School of Economics states, “that such a massive shift of capital ownership would also cause a huge shift in the global power structure.”
We were fortunate enough to get all of my retirement out of CALPERS, after a 30% plus penalty, several years ago. We’ve earned most of that penalty back and then some, but, now WE control the investments ourselves, protect it ourselves, so we should be in decent shape when the balloon goes up and bursts.
Haven’t started drawing any retirement yet from any source, and won’t until the most opportune time for us, if, the financial situation is still being propped up falsely, as it is. If I can’t get Social Security at all, we’ve planned for that as well, We love controlling our own destiny and not being hat-in-hand dependent upon the FEMA-Social Security-EBT Brigade.
TPS if you think you can hide you wont, they are going to come after all of it, if you think you own it, you dont. there are a million ways to take everything you got and they will.
All my life I observed people being tricked and lied to. Always fighting, always never happy or satisfied. Always focusing on the wrong things and being triggered by the trivial.
The most popular focus of division is religion.
The one thing that always struck me, is why is it good to worship after a man whom was tortured and sacrificed, and then to ceremoniously drink his blood and eat his flesh? Why is that not satanic? I see more paganism in Christianity than anywhere else. Sometimes, one can’t tell the difference.
Every week it’s put money onto the plate and you’ll be rewarded two-fold. Increase your numbers and obey, and heaven awaits. Disobey, and you’ll burn forever. As a child, I questioned what kind of God threatens? Much like why do parents beat you for disobeying?
Many do not see the forest for it’s trees. Many have been deceived. The programming runs so deep.
I have witness many people getting baptized and they rejoice upon leaving the water. Why is that? Is it because they earned a ticket to heaven? Or for once in their messed up lives, they took it upon themselves to do something positive and then did it? Good question. No doubt, there is a power being in the company of others. There is a scientific reason for it. Some find it at church, others at the game or at the club. It’s the same. We are happy celebrating together. That’s power.
Religion, Money and Greed. It’s all the same. Bake any cake in life, and like Eggs, Flour and Sugar, you’ll find those three ingredients used the most. Why do they mix so well together?
You can go seek the real “truth”, but if you jump on YouTube all you’ll find are rabbit holes leading down extraordinary paths of confusion and wonder and wind up with an offer to purchase something. Really.
Turn the electronics off and take walk, see if that helps clear things up and allow you to think.
I’m sorry people. This is your heaven. This is where you get to experience life and other people. To be sentient and aware. To think and learn. To eat and breath. It’s a one shot deal. There are no guarantees.
Eventually, you’ll grow old and face death. It’s all part of the experience. Some will be “ready’, and others will have regrets for things they either did, or didn’t do.
In the Matrix Trilogy, we all focused on Neo and his choice to learn an impossible truth that he could not handle. While the movie may have been his choosing. What about Agent Smith, and his story line, (being sick and tired of the same old thing)? What about the differences between the Oracle (wishing for open a free society) and the Architect, (wanting order and control)?
Considering the above as a metaphor. What if it were true that Mankind has been here much longer than the Bible has us believe? What if it always ends up with the same glitch and winds up with a reset? What is the direction we are taking and the threats we are facing now? Have we been here before?
Care to take the red pill?
(It’s probably nothing. Could be placebo. Too weird, right?)
Faux, well stated! Thumbs up.
Faux, great post!
Hey, the government will save us, won’t they? Let’s fake ’em out. Let’s work until we die.
The retirement accounts are the last major fund of money left to the Government to draw upon by swapping sellable assets for zero discount bonds. If everything else is failing, they will draw on these accounts as well. If you plan on retiring on these, think again!
I have complete faith in President Trump and his Staff. They will not let anything bad happen to my pension.
Keep the faith.
Yes, but no one addresses the issue of pensions back by respective state constitutions.–Legislators would have to change the constitutions of several states. No one addresses this topic.–States, just like the Fed gov can raise taxes.
March 27, 2017 Fake News: The Unravelling of US Empire From Within
Setting the Stage of the Press-President War US ruling ideology and Washington power have become unstuck as never before. A war of opposing certitudes and denunciations is waged day to day between the long-ruling US corporate media and the White House. Both continuously proclaim ringing recriminations of the other’s ‘fake news’. Over months they both portray each other as malevolent liars.