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Showing posts with label pension. Show all posts
Showing posts with label pension. Show all posts

Wednesday, July 02, 2014

SHOCKING Money Restrictions July 1, 2014

We won't even notice at first. 
See Lindsey Williams Video below.

Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth

07.01.2014    BY KELLY BROWN


Free market economists are not going to be happy about this...
A major financial news source just published shocking details about a research report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets.
If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy.
Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets.

If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis:
  • In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and some are set to continue until year-end.
  • In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets.
  • In Argentina...citizens must pay an extra tax on vacations abroad.
  • In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period.



From Ron Paul Daily…. (Daily Paul)
Obama’s new July 1st 2014 law will shock most Americans
Dear Reader,
We’ve been critical of several Obama Administration policies over the past few years…
But a new law set to go into effect on July 1st, 2014 (less than six months from now [at time of writing]), might be the Administration’s worst decision yet.
On this date, Title V of House of Representative Bill #2847, known as “FATCA,” goes into effect.
We believe this could precipitate a huge collapse in the U.S. dollar… and a rapid decrease in our standard of living.
Of course, we’re not the only ones who believe this new U.S. law is going to be a disaster for our country and American citizens.

From ron paul daily… obama’s new july 1st 2014 law will shock most americans dear reader, we’ve been critical of several obama administration policies over.

They (gov't) are hiding the bill until it becomes law, it is not intended for the general public to understand let alone find it (2847) is so buried making it too. ....


Elite Not Ready To Collapse Economy YET – no spam



Tim Buttrum via Google+

3 weeks ago
GLOBAL CURRENCY RESET.  PLEASE LISTEN
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Hard to believe, but even harder to ignore...
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+mark choletti I've acquired some OTHER currency, which will probably be worth a heck of a lot more than the USD!  It's just an insurance policy, so to speak...
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they have cried wolf so many times. Now when they are really moving out  with the plan...dont nobody care
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View all 5 replies
"They" purposely "cry wolf" many times so the People won't believe "them" and will not be prepared for when "they" do what "they" plan on doing.
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+sal junior
Exactly........I'm glad you see it.......you're one of the few who does!!!
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Christine LaGarde Reset - Interview With Christine LaGarde IMF



Stream


Credit worthiness of a concept ! What a load of shit when we know that the credit is created straight off the backs of the workers. 
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Absolutely correct, in fact nothing can get done without a human being producing it which means all value comes from us and not the banks as they claim.
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Lagarde is trying to say "A world like the Hunger Games is coming because that's what the ultra rich want, however, the transition to that world, could backfire"

Joe Renaud 2 months ago (edited)
The US of America is a corporation, want proof. http://www.abodia.com/2/United-States-is-a-corporation.htm

Far North Weaver 3 weeks ago
What she's talking about has nothing to do with growth, except for in her and her gangs' pockets. That quantitative easing crap, is systematically destroying entire countries all over the world. And will continue to do so under the tenets of this female criminal managing the world's finances??


She's either extremely stupid or criminally insane...or both.
She's a Marxist.



Sources:

Wealth Reporter - The Golden Truth:

http://www.wealthreporter.com/sa/fed-employees-trap-c.html?mvcode=/212521/

Investment Watch Blog
 http://investmentwatchblog.com/h-r-2847-july-1-2014-the-u-s-dollar-will-officially-collapse/#wbfRm4wXwaBkfBkk.99

The Daily Paul
http://www.dailypaul.com/312861/obama-s-new-july-1st-2014-law-will-shock-most-americans














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Friday, September 09, 2011

U.S. Post Offices Facing Shutdown?





The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances.


Uploaded by  on Sep 5, 2011


"Our situation is extremely serious," the postmaster general, Patrick R. Donahoe, said in an interview. "If Congress doesn't act, we will default." 
VIDEO: Postal Service Reports $8.5 Billion Loss
usps_winter_mail.jpg


envelope-mail

The average adult receives 41 pounds of junk mail each year, according to 41pounds.org, a nonprofit organization working to eliminate it.
Junk mail, like advertisements, isn't as lucrative as first-class mail but it is increasingly the only mail that carriers have to deliver. In 2009, 59 percent of what was stuffed in your mailbox was advertising.
First-class mail, like personal letters, bills and payments, has traditionally generated more than half the postal service's total revenue, but it continues to drop.
Snail mail is on the same fast track to death as the Yellow Pages and classified ads, all thanks to the Internet.

Employers are always quick to blame pensions on their financial woes, but their sales have been declining for years! I don’t know which planning manager at the U.S.P.S. did not see e-mail as a possible threat to its regular mail business? While that part of their business model might have declines, their package service has increased due to the rise in internet sales. Amazon and eBay package shipments alone should have pushed quite a bit of customers through their doors to use the package service.
Here’s a video below highlighting some of the U.S.P.S.’ problems. What do you think that they should do?

Uploaded by  on Sep 7, 2011
U.S. Postal Service Near Default - Chapter 11 Bankruptcy


When you can create a wedding video or send out emails, why would you send out snail mail invitations?  Why would you bother with snail mail anything?  This is one of the many reasons why the post office will lose $238 billion dollars over the next 10 years, if not more.

The U.S. Postal Service does not have the money to meet an obligation to a retiree health care trust fund coming due at the end of the month, but if there's a default, officials promise no interruption in the mail, the payroll, or payments to suppliers.

Commenting in response to a New York Times article Monday suggesting the Postal Service may have to shut down within months, spokeswoman Yvonne Yoerger told CNN there's "nothing actually new in the Postal Service's position."

"We are required to make this $5.5 billion dollar payment into the future retiree health benefits fund, and probably won't be able to make it when it comes due September 30th."

The fund was mandated by a 2006 postal reform act that postal officials today believe does not match the reality of declining revenues and a smaller workforce. Tuesday, congressional lawmakers will address the matter in a hearing on postal operations.

Yoerger said at that hearing, Postmaster General Patrick Donahoe will insist that the fund be re-scaled from the days when there were 900,000 people on the payroll. The mandated funding level has not changed in the years since then, although the Postal Service has trimmed 250,000 jobs.

She said "the fact is, no other government agency, and few corporations in the private sector are required to fund retiree health benefits 75 years out."

The newspaper quoted U.S. Sen. Thomas Carper, D-Delaware, as saying the financial problems are so dire the Postal Service may close later this year.


Let’s face it.  The United States Postal Service as we know it is soon to be a thing of the past.  Despite holiday cards andNetflix subscriptions, the mail is just another service that is struggling to adapt to changing times.  

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Contributing sources:
http://www.popfi.com/2010/03/03/the-us-post-office-is-going-bankrupt/

http://abcnews.go.com/US/us-postal-service-verge-broke-billions-dollars-red/story?id=12133108

http://yesiamcheap.com/2011/09/will-the-u-s-postal-service-and-post-offices-shut-down/?utm


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Friday, July 22, 2011



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