Pension Choice Quotes

But there’s a reason. There’s a reason. There’s a reason for this, there’s a reason education sucks, and it’s the same reason that it will never, ever, ever be fixed. It’s never gonna get any better. Don’t look for it. Be happy with what you got. Because the owners of this country don't want that. I'm talking about the real owners now, the real owners, the big wealthy business interests that control things and make all the important decisions. Forget the politicians. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the senate, the congress, the state houses, the city halls, they got the judges in their back pockets and they own all the big media companies so they control just about all of the news and information you get to hear. They got you by the balls. They spend billions of dollars every year lobbying, lobbying, to get what they want. Well, we know what they want. They want more for themselves and less for everybody else, but I'll tell you what they don’t want: They don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. Thats against their interests. Thats right. They don’t want people who are smart enough to sit around a kitchen table to figure out how badly they’re getting fucked by a system that threw them overboard 30 fucking years ago. They don’t want that. You know what they want? They want obedient workers. Obedient workers. People who are just smart enough to run the machines and do the paperwork, and just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it, and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you, sooner or later, 'cause they own this fucking place. It's a big club, and you ain’t in it. You and I are not in the big club. And by the way, it's the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head in their media telling you what to believe, what to think and what to buy. The table is tilted folks. The game is rigged, and nobody seems to notice, nobody seems to care. Good honest hard-working people -- white collar, blue collar, it doesn’t matter what color shirt you have on -- good honest hard-working people continue -- these are people of modest means -- continue to elect these rich cocksuckers who don’t give a fuck about them. They don’t give a fuck about you. They don’t give a fuck about you. They don't care about you at all -- at all -- at all. And nobody seems to notice, nobody seems to care. That's what the owners count on; the fact that Americans will probably remain willfully ignorant of the big red, white and blue dick that's being jammed up their assholes everyday. Because the owners of this country know the truth: it's called the American Dream, because you have to be asleep to believe it.

How can you care for a rough man like me?' he asked me. 'How can you love a man who can bring you no lands but the farm a soldier's pension can buy? Who can give your children no title of nobility?' Because love does not do sums, I should have told him. Love makes choices, and then gives its all. Had he seen himself as I first saw him though, he could have had no questions.

What is so often said about the solders of the 20th century is that they fought to make us free. Which is a wonderful sentiment and one witch should evoke tremendous gratitude if in fact there was a shred of truth in that statement but, it's not true. It's not even close to true in fact it's the opposite of truth. There's this myth around that people believe that the way to honor deaths of so many of millions of people; that the way to honor is to say that we achieved some tangible, positive, good, out of their death's. That's how we are supposed to honor their deaths. We can try and rescue some positive and forward momentum of human progress, of human virtue from these hundreds of millions of death's but we don't do it by pretending that they'd died to set us free because we are less free; far less free now then we were before these slaughters began. These people did not die to set us free. They did not die fighting any enemy other than the ones that the previous deaths created. The beginning of wisdom is to call things by their proper names. Solders are paid killers, and I say this with a great degree of sympathy to young men and women who are suckered into a life of evil through propaganda and the labeling of heroic to a man in costume who kills for money and the life of honor is accepting ordered killings for money, prestige, and pensions. We create the possibility of moral choice by communicating truth about ethics to people. That to me is where real heroism and real respect for the dead lies. Real respect for the dead lies in exhuming the corpses and hearing what they would say if they could speak out; and they would say: If any ask us why we died tell it's because our fathers lied, tell them it's because we were told that charging up a hill and slaughtering our fellow man was heroic, noble, and honorable. But these hundreds of millions of ghosts encircled the world in agony, remorse will not be released from our collective unconscious until we lay the truth of their murders on the table and look at the horror that is the lie; that murder for money can be moral, that murder for prestige can be moral. These poor young men and woman propagandized into an undead ethical status lied to about what is noble, virtuous, courageous, honorable, decent, and good to the point that they're rolling hand grenades into children's rooms and the illusion that, that is going to make the world a better place. We have to stare this in the face if we want to remember why these people died. They did not die to set us free. They did not die to make the world a better place. They died because we are ruled by sociopaths. The only thing that can create a better world is the truth is the virtue is the honor and courage of standing up to the genocidal lies of mankind and calling them lies and ultimate corruptions. The trauma and horrors of this century of staggering bloodshed of the brief respite of the 19th century. This addiction to blood and the idea that if we pour more bodies into the hole of the mass graves of the 20th century, if we pour more bodies and more blood we can build some sort of cathedral to a better place but it doesn't happen. We can throw as many young men and woman as we want into this pit of slaughter and it will never be full. It will never do anything other than sink and recede further into the depths of hell. We can’t build a better world on bodies. We can’t build peace on blood. If we don't look back and see the army of the dead of the 20th century calling out for us to see that they died to enslave us. That whenever there was a war the government grew and grew. We are so addicted to this lie. What we need to do is remember that these bodies bury us. This ocean of blood that we create through the fantasy that violence brings virtue. It drowns us, drowns our children, our future, and the world. When we pour these endless young bodies into this pit of death; we follow it.

There's a reason that education sucks. And it's the same reason that it will never ever, ever be fixed. It's never going to get any better, don't look for it, be happy with what you got. Because the owners of this country don't want that. I'm talking about the real owners now. The real owners. The big, wealthy business interests that control things and make all the important decisions. Forget the politicians. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They've long since bought and paid for the Senate, the Congress, the state houses, and city halls. They got the judges in their back pocket. And they own all the big media companies so they control just about all of the news and information you get to hear. They got you by the balls. They spend billions of dollars every year lobbying, lobbying to get what they want. Well, we know what they want. They want more for themselves and less for everybody else. But I'll tell you what they don't want. They don't want a population of citizens capable of critical thinking. They don't want well-informed, well-educated people, capable of critical thinking. They're not interested in that. That doesn't help them. That's against their interest. That's right. They don't want people who are smart enough to figure out how badly they're getting fucked by a system that threw them overboard 30 fucking years ago. They don't want that. You know what they want? They want obedient workers. Obedient workers. People who are just smart enough to run the machines and do the paperwork and just dumb enough, to passively accept all these increasingly shittier jobs, with the lower pay, the longer hours, the reduced benefits, the end of overtime, and the vanishing pension that disappears the minute you go to collect it. And now, they're coming for your Social Security money. They want your fucking retirement money. They want it back, so they can give it to their criminal friends on Wall Street. And you know something, they'll get it. They'll get it all from you, sooner or later, because they own this fucking place. It's a big club, and you ain't in it. You and I are not in the big club.

After the New Deal, economists began referring to America’s retirement-finance model as a “three-legged stool.” This sturdy tripod was composed of Social Security, private pensions, and combined investments and savings. In recent years, of course, two of those legs have been kicked out. Many Americans saw their assets destroyed by the Great Recession; even before the economic collapse, many had been saving less and less. And since the 1980s, employers have been replacing defined-benefit pensions that are funded by employers and guarantee a monthly sum in perpetuity with 401(k) plans, which often rely on employee contributions and can run dry before death. Marketed as instruments of financial liberation that would allow workers to make their own investment choices, 401(k)s were part of a larger cultural drift in America away from shared responsibilities toward a more precarious individualism. Translation: 401(k)s are vastly cheaper for companies than pension plans. “Over the last generation, we have witnessed a massive transfer of economic risk from broad structures of insurance, including those sponsored by the corporate sector as well as by government, onto the fragile balance sheets of American families,” Yale political scientist Jacob S. Hacker writes in his book The Great Risk Shift. The overarching message: “You are on your own.

Clearly, the whole concept of “retirement” is about to undergo a major overhaul. People will have to work later in life, at least part-time, and perhaps as long as they are able. This is not necessarily a bad thing, as there is some evidence that most people are actually happier with a phased retirement 85 just so long as they perceive a sense of choice in the matter.86 On the other hand, a “gray crime wave” has now begun in Japan: Arrests of struggling pensioners over age sixty-five has doubled—mostly for shoplifting and pickpocketing—and the number incarcerated has tripled to over 10% of Japan’s prison population.87 It is also apparent that some big cultural shifts will be needed in the way we treat and value our elderly. “Our society must learn that ageing and youth should be valued equally,” writes Leonard Hayflick of the UCSF School of Medicine, “if for no other reason than the youth in developed countries have an excellent chance of experiencing the phenomenon that they may now hold in such low esteem.

They don’t want people who are smart enough to sit around the kitchen table and figure out how badly they’re getting fucked by a system that threw them overboard thirty years ago. They want people who are just smart enough to run the machines and do the paperwork, and just dumb enough to passively accept all the increasingly shitty jobs with the less pay, reduced benefits, the end of overtime—and the vanishing pension that disappears the minute you come to collect it. And now they’re coming for your Social Security. They want your retirement money. They want it back so they can give it to their criminal Wall Street friends. And you know what? They’ll get it! They’ll get it all. They count on the fact that Americans will remain willfully ignorant.” The prophetic Mr. George Carlin “It’s just a ride. We can change it any time we want. It’s just a choice. No effort, no work, no job, no savings of money—a choice, right now, between fear and love. The eyes of fear want you to put bigger locks on your door, buy guns, close yourself off. The eyes of love instead see all of us as one. Here’s what we can do to make this world a better ride. Take all the money we spend on weapons every year and use it to feed and clothe the poor of the world. There will be enough to help every person in the world, not one left out—and we can explore space, both inner and outer, together, in peace.” Bill Hicks “Try to learn to breathe deeply, really taste food when you eat, and when you sleep to really sleep. Try as much as possible to be wholly alive with all your might, and when you laugh, laugh like hell. And when you get angry, get good and angry. Try to be alive. You will be dead soon enough.” William Saroyan

To fit into the Golden Straitjacket a country must either adopt, or be seen as moving toward, the following golden rules: making the private sector the primary engine of its economic growth, maintaining a low rate of inflation and price stability, shrinking the size of its state bureaucracy, maintaining as close to a balanced budget as possible, if not a surplus, eliminating and lowering tariffs on imported goods, removing restrictions on foreign investment, getting rid of quotas and domestic monopolies, increasing exports, privatizing state-owned industries and utilities, deregulating capital markets, making its currency convertible, opening its industries, stock and bond markets to direct foreign ownership and investment, deregulating its economy to promote as much domestic competition as possible, eliminating government corruption, subsidies and kickbacks as much as possible, opening its banking and telecommunications systems to private ownership and competition and allowing its citizens to choose from an array of competing pension options and foreign-run pension and mutual funds. When you stitch all of these pieces together you have the Golden Straitjacket. . . . As your country puts on the Golden Straitjacket, two things tend to happen: your economy grows and your politics shrinks. That is, on the economic front the Golden Straitjacket usually fosters more growth and higher average incomes—through more trade, foreign investment, privatization and more efficient use of resources under the pressure of global competition. But on the political front, the Golden Straitjacket narrows the political and economic policy choices of those in power to relatively tight parameters. . . . Governments—be they led by Democrats or Republicans, Conservatives or Labourites, Gaullists or Socialists, Christian Democrats or Social Democrats—that deviate too far from the core rules will see their investors stampede away, interest rates rise and stock market valuations fall.36

Because behaviour is adaptive, not rational, we support social institutions that interfere with our freedom of choice. Odysseus had himself tied to the mast to resist siren voices. That is why there are subsidies to pensions and compulsory contributions; taxes on things we know we ought not to indulge in, like alcohol, tobacco and gambling; and subsidies to things we think we should engage in, like libraries, concerts and adult education. Social norms and legislation define the nature of adaptive behaviour in economic life; and we favour norms and legislation which change economic behaviour, including our own. Odysseus would not have been impressed by the argument that the behaviour he fears, being irrational, will not happen, and nor are we.

And as people live longer and healthier lives, particularly without the complications of chronic disease, medical outlay growth will notably lag GDP growth. In practice, this means that the feared explosion of the federal deficit due to aging citizens will never come to pass; spending on health care for the elderly will be delayed by at least 20 years and that money can be channeled into pension retirement programs and other productive activities. Improved health means that money that would be spent on medical care when we are 50, 60, and 70 will not be necessary for 20 to 30 extra years. This money will be both invested and spent on nonmedical choices (leisure, housing, education, technology, etc.).

Sweden, workers who are not ready to choose their own pension investments can have the money placed automatically into a “default” fund, a low-cost index portfolio that blends stocks and bonds. In recent years, roughly 97% of eligible workers have left their money in the default fund, even though they were free to switch at any time to any of more than four hundred other funds. (Luckily, in this case, that’s not a bad choice.)

When you pulled your service weapon on a nine-year-old kid, mistaking his aluminum baseball bat for a gun because you were shitfaced drunk, the APD had no choice but to fire you. Do not pass go. Do not collect your pension. You’re outta there.

The truth is that I'm a bad person. But, that's gonna change - I'm going to change. This is the last of that sort of thing. Now I'm cleaning up and I'm moving on, going straight and choosing life. I'm looking forward to it already. I'm gonna be just like you. The job, the family, the fucking big television. The washing machine, the car, the compact disc and electric tin opener, good health, low cholesterol, dental insurance, mortgage, starter home, leisure wear, luggage, three piece suite, DIY, game shows, junk food, children, walks in the park, nine to five, good at golf, washing the car, choice of sweaters, family Christmas, indexed pension, tax exemption, clearing gutters, getting by, looking ahead, the day you die.

Financial planning will never go out of style since everyone wants to safeguard their future, and there are many ways to achieve it. You can invest your money on your own, or you can work with an expert like David Snavely. Do-it-yourself financial planning choices are abundant these days. You must learn how to survive in retirement on Social Security, a pension, or a lifetime of savings through an employer-sponsored retirement plan. For older adults who are nearing retirement, extending the life of their money is their top concern. Financial advisors with the necessary credentials

Another problem is the number of options available for investment allocation in pension plans. Even grocery shoppers can get overwhelmed by the number of choices available. For example, a store display of 6 flavors of jam results in more purchases than a display of 24 flavors of jam. Employees can also get overwhelmed when they have hundreds of investment choices in their pension plan. An overwhelmed employee delays making decisions so long that he or she never ends up participating in the plan. One study shows that the probability of participation by an employee falls by 1.5–2 percent for every ten mutual funds added to the menu. Having fewer funds to choose from leads to higher participation.16

In the first place, you must see that I had not much choice. You cannot go back again and be a chaste and virtuous lady once you have left off. You would have me come back amongst your people, who would then coldly cast me out again, or, since they call themselves charitable folks, they would see me shut up in a cottage somewhere for the rest of my life, with no society, no pleasures, no prospects. For diversion, I might be allowed to take in sewing or keep sheep. You may be sure I would be kept away from all decent gentlemen, lest I pollute their pure homes, and there would be no hope of my ever again enjoying the free and open companionship of any of the sex. But your family is merciful, and I have no doubt I should be given a small pension, to enable me to live in this poor and retired way—like a prisoner in a solitary cell, to think over my sins and rue them for the rest of my days. This, I suppose, is sort of thing you had in mind? I think we will agree that what I have described is no life at all, to be scorned and reviled by all the good folk around me. But consider: in town, I possess a degree of acceptance. Not, perhaps, as much as a great lady would, but my position is not altogether disagreeable. People enjoy my society—people who like a good time and are not glum and Church-ridden—and I decidedly prefer a city life to that of an anchorite.