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AIG's Benmosche, Speaking From His Seaside Villa, Says World Will Need To Retire At 80
The other government-sponsored Ben-with-a-beard was in contemplative mood as the CEO of AIG relaxed at his Croatian seaside villa in a recent Bloomberg TV interview. Benmosche stated that "Retirement ages will have to move to 70, 80 years old" as that "would make pensions, medical services more affordable... taking the burden off of the youth." Opining on Greece (well, the Greek people really): "they have to see that there is no easy way out of this" and the government must get them to work longer (Greek life expectancy is 81.3 years so there's plenty of hours left for retirement). Towing his corporate over-lord status quo line, he notes that Greece abandoning the euro could be a disaster for the country but we assume if only they would work 23 hours-a-day for 81 years at a 95% tax rate then TROIKA will be more than happy to use them as a rotating receptacle for European bank holdings.
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First link was to the analysis, the other two were to were to charts that supported my comment. Sorry if you thought that was too many links.
It's a reflex against links, sorry if it's a strong one, but i'm pretty sure that is what she is talking about. We even bashed Turd after he linked his new blog, which is great, a few too many times. Don't take it personally.
So is this the wrong thread to post a link to some of my fiction?
http://madscienceunlimited.com/fiction/aTearForTheSinner.html
A scumbag financier is slowly bled to death. By an actual angel. In an actual church. And is then eaten by a tiger like a meatbag.
Yeah I was pretty well tuned that day. Sosueme.
I still think the best line is this one: “I would have gutted him like a pig,” the tigress said as if it happened every day, which it did. “But I would not have first lied to him.”
Isn't she just the sweetest thing in the world?
I noticed there was no greeter. I assumed they died from eating the poison chinese dog food walmart carries.
I also noted the cart boys aren't very productive bringing the carts back, it isn't easy to retreve carts when your head is bent down over your "smart" phone texting away. In fact, everywhere I look at min wage yahoos they have their heads bent over texting. The BN generation [bend neck].
Do any of these people understand what motivates the mob to storm palaces, chop people's heads off and stuff their mouths with straw, and parade around with said heads on the ends of poles?
Or have they developed such a profound cranial-rectal inversion that they think they completely deserve their seaside villa, while everyone else deserves to work until death to pay for that very seaside villa; and anyone who doesn't see how reasonable that is must be a fool?
To steal and paraphrase a line from the Marvel character Daredevil...
A people without hope are a people without fear (of the consequences for eviscerating TPTB).
Most that will lose hope will still direct their anger to those damned Republicans or those damned Democrats, while the true oligarchs go on Bloomberg to talk about the sacrfices everyone, but them, need to make.
nice jewish name...
Bernanke's real first name is Benmosche. They like to think that the name change and the nose job is enough to cover up the evidence, but it doesn't always work.
Bullets. Lots. Let's start getting them ready.
The DHS already placed an order for 450 million rounds.
I keep seeing that reference to DHS. Is there a link?
These are hollow point 40 cal. They are supposed to be illegal. They don't just want to wound, they want to blow your head off!
http://times247.com/articles/homeland-security-order-huge-quantity-of-bu...
He lives in a seaside villa in Croatia. I'm sure the locals have plenty of RPGs and AKs left over and stashed. Soon as the SHTF, they will be paying a little visit to his villa.
"Nothing in life like an unfair advantage", huh? Mr. Greenberg, oh silly me, that just slipped out.
Why not just index to the nation's life expectancy ratio? Say, that number minus XX years (10, or 7, or at a bare f-ing minimum 5 years).
to quote one of my favorite movies: Traffic
"if i want yo damn money, i will TAKE yo money"
it's time to drag these nannystate embezzlers out of their mansions by the hair and show them what austerity feels like.
Does austerity when applied to these guys feel like a noose around the neck? Because otherwise I don't see the point.
Poor guy..... Per Forbes
We are a "strong stable investment grade company".........weren't you AAA when you collapsed?
Btw, anybody knows a good site for making bullets at home. What equipment you need, etc?
I do think it will be needed for long term. How to make powder I know, and my father was making it for fireworks when I was 12. Ah, good times.
You have been reported to Janet...Go ahead, look up and smile for the drone PROLE!
http://www.dillonprecision.com/
Mmmm, much thanks, that site is wonderful.
Now I have save site locally and clean cookies/history.
If you don't use CCleaner, it's not gone :)
Am sure the very rich would like that, for us to work till 80. Sorry, you'll have to do a better job persuading us.
Well okay. No work means no loading of your grocery card. Your car will not start and your home heat/cooling systems will cease to function because they have been remotely disconnected. You and your family will not receive medical attention, police protection/intervention, and when your house catches fire no one will come to put it out. For every day you persist in you're crimes of high financial treason, you will be fined two days pay at your current rate of pay for everyday you are not working. Further noncooperation will result in arrest, psychological intervention and permanent internment in the Federal Employment Opportunities of Amerika Program.
If they don't like your lyrics or fighting the lyric rating system, they will just give you a little prostate cancer.
Welcome to the End Game -- the neo feudal neo normal slave ship that these CEOs have been building for the last 40 years. Row fuckers!
There was rarely if ever such a thing as a galley slave. The reality is they were well paid skilled laborers.
Not sure why you think that this has anything to do with feudalism, nor why this is the fault of any corporation. The governments have spent the money that they appropriated from the people "for their own good", excpet now when it comes time to pay, they have actually spent it on other things, things that benefit only a few.
Perhaps it is time to re-evaluate the role of government in our lives? How much better off would those retirees have been if they had saved the 10% of their income that instead went into the general fund to murder brown people?
The slave ship is a metaphor, genius. Putting that aside, you are wrong they never existed but I have better things to do than debate ancient world history with you.
Some people live to 109, others die at 50. If everyone is on his own, then everyone has to accumulate enough money to be able to afford health care, food, housing, etc for the possible duration, e.g., 109 or even beyond. That is why we have things like shared pensions and social security. For the vast majority of wage earners, saving 10% won't cut it. Hell, for most people saving 50% won't cut it. Either we have a socialized system where the high wage earners help the low wage earners look forward to retirement, or people eat cat food and wipe monied ass (your dream, I know).
You don't realize it because you are blinded by ideology, but the problem is not government per se, it is the corruption of government by the capitalists you want to put in charge.
Aw whah, whah, you socialist deadbeat loser.
Right on! We don't want government running things. I would much rather have a wonderful person like Mr. Benmosche in charge with no government interference. How about a triumvirate of Jamie Diamon, John Corzine and Henry Paulson with absolute power. Then we would all be living in a Capitalist utopia. When you get your mind strait on the right ideology, everything becomes crystal clear.
There's your Communist Manifesto right there. Henry (Stalin) Hub.
In a Capitalist Utopia, Dimon, Corzine, Paulson and Benmosche are free to start and run any company they care to, then they may thrive or fail according to (invisible hand, fate, business skill, etc whatever) and if their company does fail, then it can shut down and close, and they can starve to death and die, because there is no Socialist government (which you worship evidently?) to steal money from productive people to place in chosen people's pockets (bailout)
We have the system you want, it is failing big time. If you want more of the "equal" crap, look to Eastern Europe / USSR pre- 1989. It failed also.
The system you want has ALWAYS failed in the end. You can't have your Utopia and eat it too. Dream about the afterlife if you want paradise.
I do not accept that. A balance between free market and socialism has worked very well in many places including Scandavia. Cut out the black and white thinking. Balance is everything. Where in my post do I suggest that everyone should be equal? I am suggesting that retirement is possible for many only if everyone contributes. If a billionaire contributes a few percent of his wealth, it does not make the guy who made minimum wage his whole life equal, nor does it disuade the billionaire from becoming a billionaire in the first place. Do you really not have the mental horsepower to distinguish between contributing to a greater good and pure communism?
"Naval forces from both Christian and Muslim countries often turned prisoners of war into galley-slaves. Thus, at the battle of Lepanto in 1571, 12,000 Christian galley slaves were freed from the Ottoman Turks."
In Greek and Roman times, you are right. From about the mid 1500's to the mid 1700's it was quite common to use slaves to row.
Tmosley doesn't like facts and stuff. Just ideology please.
What a self-serving hypocritical scumbag commie remark.
Thanks for the meaningful input, asshole.
Benmosche says we must kill brown people, are you questioning the logic of The Almighty Supreme Exalted Chosen Ones? No wonder you have trolls dedicated to you.
P.S. You're wrong about the galley slaves, but right on about the 10-20% we lose killing brown people.
Last I checked, 80 years was over the expected age at death in the U.S. At least that's what the SS Administration believes. You would think someone in the insurance industry would know that. Oh, I get it, he does know that.
It was a cute way of saying "You should all work until you die."
Really though, I think he should go first.
Technically, it's "you should all work until half of you are dead". This is reasonable for a government pension program.
If you want to retire, then you should save up money yourself, not rely on the government.
"Retire" can also be replaced with "live".
Technically, the problem here is that a rich fecker retired to an exclusive villa whose company was bailed out at taxpayer expense is telling the rest of us to keep our jobs until we are 80. Period.
Maybe it's just the visuals, but if that's the only problem then he should stay shut the fuck up.
That's the way the original Social Security was set up when life expectancy was about 50 and they made it 55 or whatever. Then people started living too long, all of a sudden free money became money that needed to be paid out. Oops....
I had to check on your stat. Sorry I did. Turns out that someone both younger and older than me is expected to outlive me. WTF. Go have your own kind of fun: http://www.ssa.gov/oact/STATS/table4c6.html
I'd ask Benmoreshit "Can't the governments see that they should stop making promises that they have to break and stop spending recklessly and inefficiently while robbing the poor and paying off the rich?"
I can't watch this, just fucking kill him! What person in their right mind would want to be like him? Keep your money, maybe it will save you when the people come for your head. What a piece of shit, make my heart race and I didn't even watch it!
Ask average American, do they want to take this guy's place. And they will answer big YES.
There you have your answer, do you feel more happy knowing that now?
Confused much?
instant cawfee at HF breakfast do-da, instant hft play, instant derivative short, instant hi five, instant zombie fest...love to be in the other guy's place at all these instant insider fests...I feel happy, oh so happy...so far away from LA, from DC power play, from WS hi-ho silver away.
Would not take his place; don't want a bullseye on my back/chest/head.
No shit...
I can handle Sandy Koufax and a coupla others... but get this smug MF out of my face...
If we want people to work to 80, they should get 10 years pre retirement (sponsored by the State) between 20 and 40
Or 3 months paid vacation each year. Spread it out a little, ya know?
does that mean that cops will now have to wait until 49 to get their pensions ......thats alot more years of beating occupy protestors heads in !
Shorter Benmosche: "Let them eat cake."
if we just killed all those at the top of the ponzi making the most in retirement, then everyone else, lower down on the pyramid, can retire at early age.....sounds like the solution i would sign up for
Did they show the security around his villa?
The big problem is that the banks aren't comfortable?
THAT is the crux of our problems?!
Well fuck me running.
You come away wondering if the stupid fuck knows his shit from Shineola
“Banks are the engine of growth”.
So scary that anyone with any influence believes this. Whoever thought that the enemy would look like Santa Claus?
I was thinking John Goodman with a wig and five-o-clock shadow...
someone should take that pompous asshole and throw him in the adriatic with a millstone around his neck...
What, some guy points out that the current payout scheme of the ponzi is not sustainable, and everyone gets mad?
That is what happens when you participate in a ponzi. Wait until you see the next retirement age--145. Don't expect the tax you pay to go down either.
I think you are missing a basic point -- this guy and others like him kept the money that was supposed to fund retirements. He stole it, and he gets to retire. Get it?
At Paine Webber he and other execs would screw $20,000 a year clerks out of $2000 year end bonuses because THEY weren't going to take a cut in THEIR bonuses no matter how bad a year they'd had.
These guys would sell their mother, wife or daughter for the right price......
I'm sure they already have, and it didn't raise enough cash due to their reptilian features...thus, slavery for all!
Where the participation is......... mandatory?
Personally, i think that SS is a complete bullshit scheme, and if it were the case, that people were free to pay into SS, or use other means, i could - with some reservations (just because mismanagement was foreseable, it doesn't excuse the mismanagement) agree to your argument.
But alas, since this is a mandatory ponzi, you could as well say that people deserve the stealth-theft that is inflation, becaue they were forced to participate in it. Yet, i never hear this argument made - more like the opposite, people (including me) always complain about it..... so, what is it that makes pensions such an attractive target on ZH? Here's my guess: envy - a "work you lazy bitch"-mentality.... "they get to just sit there and do nothing, while we work - assholes!". That this mindset is the primary reason for the resentment of pensions around here - and less so a that it is a broken scheme - you can also see about the discussion of people retiring early..... which automatically assumes that anyone who does it, is a lazy slacker who lives on other people's costs, without ever asking, how much he actually paid in and worked for it.
There is a bit of merit in his statement, but I don't want to hear it from a guy making $7M a year running a company that sold ponzi insurance and was bailed out with 100s of billions of taxpayer dollars!
AIG and his job shouldn't exist!
There are so many problems with these ideas that it takes a book. First, no one will currently let you work that long. They have moved my retirement to age 70. My industry really doesn't want anyone over 50 or 55. Second, changing the Socialist Security deal shows there never was any contract or social contract as libs say. No company could change the deal after you put in all your money. Third, had we simply done individual accounts no one would be discussing this problem. Except for those who drew money at the beginning of social security, everyone would have a large healthy account with their name on it. They would also have an inheritable estate unlike what we have now. If you die, you simply lose any money or value. There is nothing to inherit. With private accounts the government would have a harder time stealing the wealth.
You could not purposely design worse retirement programs than Social(ism) Security. No contract. No real money. No real investments. No inheritable estate. No guaranteed returns. No one would do SS except for the fact the government forces you to be in it.
I am not kidding when I say that from a fiduciary/financial perspective the U.S. and all socialist goverments will hope you die just after retirement unless you are wealthy and still paying large taxes. It is the best thing that could happen for the State. Watch for new mutant viruses that are incurable and hit the elderly particularly hard.
I am betting Ben doesn't hang out with folks who have physically demanding jobs, with bodies that are completely used up by their early 60s, at best.
A good number never even make it to 65. Just TRY doing stone work or heavy construction - or work on a factory floor at a tire plant or in a steel mill........ but these arrogant asses in corner offices (who spend an inordinate amount of time playing golf or at 'lunch' ) don't have a clue - or simply don't care.
I think a pooled, low-cost trust fund for defined pension benefits is a great thing to offer to people. As an example, I can only put money into a 401k or post -tax into whatever. I take all the risk, if I live to 95, Ive got nothing if I dont have Social Security. Since Im single, no dependents, heirs, I just as soon have been able to invest my 401k money to buying into a large trust fund/defined benefit...that way if I outlive the pool average, Im still covered...if I die before I retire, oh well, doesnt matter to me, Im dead...my dog doesnt need the money.
Soc Secuirty does this at fairly low cost but it was not a locked-down trust fund. Soc Sec was in big surplus for years to pay for the envitable reitrement of the baby boomers, but instead of the trust fund sitting around, issuing something like Tbills, they lent that money to a federal govt that overspent its budget, mostly on defense (exculding supposed trust funds, Medicare and Soc Sec that should have been self-sustaining, Defense, and then interest, are the biggest federal budget hogs). So instead of economizing on defense, or raising taxes to pay for war, we gave tax cut to rich, made war on debt, and got solvent Soc Sec trust fund to make up difference. Now that boomers are coming for their money, federal govt pleads it cant pay back Soc Sec, its broke...so in other words, tax cut for rich, defense spending was paid out of FICA taxes, Soc Sec was never in a "lock box".
So forget that and create a real protected trust fund. I dont trust private business trying to profit off it, as they will try to screw beneficiaries as private insurers always looking for profit will do and I dont trust govt to admin it as they will use any cycles of surplus to fund other parts of govt -raid the trust, so make it non-profit, make participation voluntary but make it huge with lots of oversight, so retirmenet savings dont get nickled and dimed by fees as 401ks do. And make it voluntary.
Now some people will not participate and then be destitute in old age do to lack of savings, bad luck investing or expnsive sickness etc...so we probably have still have some welfare tax that pays to provides real basics for old poor...
but retirement savings should have an option to buy into a trust fund and/or invest in an individual account where one gets all the risk, but your heirs get your money when you die.
Interesting post. While I disagree with your solution one thing I appreciate is your consistency. One large common mistake the modern liberal-statist-collectivist makes is that they assert all bad people are in industry/the private sector but all government people are "good" and trustworthy. You'd like to ask how all the virtuous ended up in government. You do not make this error. You do not trust either group.
Big talk for a punk bitch that fronts a company that wouldn't exist without his buddy Uncle Sam, Benmosche, you puffed-up, paper-pushing, pusillanimous petzela.
I'd gladly retire at 80 if it also implied you'd be prosecuted for the fraud you consistently perpetrate (if not the fraud you are, boychik).
Just when you think they've run out of assholes.....Boom!
What he is really saying is: We have blown all the funds on crack, so i'm sorry you won't ever retire. You'll work till you drop dead, or have your young ones feed you from....... unemployment benefits and foodstamps.
Of course, in reality, this isn't about pensions at all. Ultimately, it as always is about dumping wages even further while massprinting goes nuts.... how? Easy: See, there aren't enough chairs for everyone working fulltime, anyways.... now, let everyone, from young to old chase for a chair, and threaten everyone with death unless they try REALLY hard to get one.... in essence, forcing them to settle for ANYTING, and i really mean anything.
Just to give you an idea just how nuts they're willing to get, here is an example from germany, which's social system at euro introduction was "reformed" by a commision of bankers, megacorps and economists: They will go as far as letting megacorps employ people for ONE DOLLAR PER HOUR.... the gov... sorry, i mean the taxpayer.... will then sponsor the rest of the wage, exactly as much so that the person will earn exactly as much as unemployment benefits.
Phrased another way: modern slavery disguised as "employment".
This is the same scam the big retailers in the UK use to boost profits, while the enabling government gets a low ball unemployment rate in exchange.
Asda(Walmart), Tescos etc etc have a policy of employing the bare minimum of full time workers.Most employees are kept working less than 20hrs per week. They have no employment rights, no sick pay, no company pension etc. The government make up the shortfall in a livable income with `working family tax credit` or welfare to work payments.
The result is: taxpayer subsidised wages for firms employing large numbers of low paid, low skilled, prospect less workers. The government get massaged unemployment figures and are able to claim they are encouraging people to work by topping up their pitiful wages.
Try and hold out for a job worthy of your engineering degree and you will be forced to take a low paid non job or loose your state hand outs.
The tax and benefit system is designed to destroy high value productive job creation and foster dependancy on government and the parasitic mega corporations.
Just another example of how western governments have stopped serving their electorates, and now serve multination corporations.
Another statistic that will change by such strategies.... but not in a nice direction, is middleclass profit margins and bancrupticies.
Because, while a large multinational can either just get directly or indirectly gov-sponsored, or export... and thus is shielded from the effects of its own actions on the domestic market..... typical middleclass corps do not have this shield - they are in a direct relationship with the domestic market and especially the lower class.
One thing i do however not get when extrapolating this trend to the future is: All those ponzi schemes depend on someone holding the bag, in the form of taxation or stealth-taxation or depelting savings..... now when ultimatelly they have like 50% of the population as dependent slaves, who are unable to pay any taxes (and before you mention VAT: Just as germany's "export wonder" is pure fake, so is people being paid from taxes, to pay taxes: If you live primarily from benefits, and then pay VAT, this still overally is a deficit)... where was i? Ah, how the hell do you finance stuff from the bagholders, when you've laid so much wasteland, that the only bagholder left, is the top of the pyramid itself?
Not crack. That is for poor people. The elites blow their money on expensive champagne and coke and high priced hookers
I don't even know where to begin...
I just pray to God the whole thing burns before I get too old.
the joo news loves him!
extending retirement age is similar to bringing women into workforce or making word day longer, or both, if you extend the working years by 15 or so more years, whats that, a 30-35 percent increase in years an average person works in developed countries, so thats 30-35 percent more man-hours available to compete with younger workers, making unemployment higher, making it hard for kids to find jobs, making it harder for them to move up.
As Stockman notes, people plan to work longer than their average life expectancy.
When retirement ages of 60-65 are routinely enforced and pensions provide for them to be comfortable, younge kids get a chance to move in positions of power in the company...this is generally a good thing...if we have 75 year middle managers and executives, are we going to really innovate as we should...some or our best innovators come when someone young, daring, new-thinkin, talented suddenly also is a position of power...Jobs, Zuckerberg.."old" companies tend to have workers that get it, but managemetn does not...old people workin exercerbates this...the difference between 50 something and older everyday workers and 30 something and younger workers on computers, mobile, is not even in same universe. My mom had to go to all kinds of classes to learn to use her email and use excel...the dumbest low skill kid out there knows tech tools pretty darn well.
Now obvoiusly highly intensive training careers might be better with later reitrments, like some military folks etc...but most earlier retirement renews.
And everytime we increase available working hours via: women entering workforce, longer hours, longer working life before retirement, working folks lose more and more of their share of GDP,more in the household work for a decling lifestyle, evenwhile our GDP and corporations do just fine.
Wrong time to be there Ben,,,lots of professional crazy hunters in Croatia and nearby countries... and the hog hunting season has just opened!
Croatian assault rifle VHS 2...http://www.youtube.com/watch?v=ra7-s4euxOc&feature=related
... or Yugoslav M84
http://www.youtube.com/watch?v=9kdGxnXdsR0&feature=related
It’s the plantation plan: work harder and longer with less complaining – for the bankers. You can’t pay for a world government with air; you need American and German tax money and fewer benefits for the world’s people.
For example, the central theme of a major address on the European crisis given by George Soros over the weekend in Trento, Italy, was that Germany needs to make a stronger commitment to the eurozone. “Nothing can be done without German support.” Said Soros:
“In these circumstances it would require an extraordinary effort by the German government to convince the German public to embrace the extraordinary measures that would be necessary to reverse the current trend. And they have only a three months’ window in which to do it.”
He continued: “We need to do whatever we can to convince Germany to show leadership and preserve the European Union as the fantastic object that it used to be. The future of Europe depends on it.”
Translation: The German people need to stop their opposition to the eurozone policies of the Merkel government and allow her to convert German sovereignty to European sovereignty.
The German People are being targeted with banker/Zionist swastika propaganda depicting them as arrogant with power, selfish in success and belligerent to the less fortunate Greeks and Spaniards.
The cartel hopes to corral Germans into political support and socialist serfdom in order to build a stronger central authority over European affairs.
Why the three months’ window? According to Soros: By fall, “the German economy will also be weakening so that Chancellor Merkel will find it even more difficult than today to persuade the German public to accept any additional European responsibilities. That is what creates a three months’ window.”
Lets pray very earnestly that the German people are not fooled.
if they are, then all the nations of Europe will be governed by an unelected, unaccountable beurocratic elite.
The resultant anger and despair will lead to an explosion of`Basque seperatist` &`IRA` type organisations.
A security clampdown will follow where the only winners are those working for government enforcement agencies and their proxies. Those of us with eyes can see that the security apparatus of states is already finely tuned to monitor and suppress their own citizens.
The great European project needs to be allowed to die NOW before we are plunged into an Orwellian nightmare.
But it wont be allowed to die, the plan is right on schedule.
I really do fear that time is running out, but for exactlty the opposite reasons that Soros does.
Great post and I appreciate your insight, reload. However, I don’t think the bankers’ plan “is right on schedule.” The bankers threw everything they had at Greece and lost.
The EU is a way for the international financial elite to override the politicians of 27-member nations – or collude with them - and to directly run the economies of a 491,582,852 (July 2008 estimate) population, i.e., to arbitrate and control the flow of Europe’s labor and resources, using the world “press” to threaten nearly half a billion people. But AIG's Benmosche demonstrates just how indefensible the cartel’s economic message is; and they have no evidence to back up their economic positions, only calls for more auterity on the part of the people.
But as you say, time is running out: Let’s pray very earnestly that the German people are not fooled.
On the future of Eurozone :
George Soros: European Union Could Become 'German Empire'
2491923
Shalom Benmosche,
Thank you for pointing out the obvious. You and your ilk are the problem. You and your ilk are too wealthy and us poor proletarian slobs need to peddle faster and longer to support any increase in your already obscene wealth. We get it.
But you know what else, Benmosche? We may just decide that YOU are no longer affordable and instaed of kicking our can down the road just that YOU can live comfortably until the end of your days, we may just speed up the end of YOUR DAYS or confiscate YOUR wealth and return it to OUR treasury.
There problem fixed. Now we can afford to charge realistic interest rates because YOU PIGS aren't benefitting from yields and ROIs on your plunder that you've stolen from us over the years.
We have realized that we are TOP HEAVY. The TOP is too expensive and needs to be reformed, cut back or simply wiped out.
What is it that you do again, Benmosche? Other than offering useless advise to the Proletariat all the while sticking your toes into the Mediterrenean bathtub? You're just not offering any benefit to US.
You're too expensive. Your ilk is too expensive and you have a choice. Give it back or die.
Again, SHALOM to you SHALOMEISTER.
Eventually the Marie Benmoschettes of this world will face that "give it back or die" moment. But not yet. The people aren't roused yet. They are still too distracted by Gay Marriage and Birth Certificates and all the smoke and mirrors that keep the real issues hidden.
The simple fact is that there does not exist enough productive work for all the world's workers. A better solution is to start retiring people at 60 and prohibit anybody taking retirement from working entry level jobs that should go to young people. We can fund this with a 10% retirement tax on ALL income of any sort earned by anybody making over $100,000 a year.
Sure, the rich and near-rich won't go for it. But if they don't go for something they will soon reach the "give it back or die" moment. Because the jobs aren't coming back. So something more creative has to be done beyond just sitting around protecting the status quo while waiting for magical growth.
The people won't rise unless they're hungry. When they're hungry and they read shit like this, they will rise. No matter what stupid TV show is on. Why do you think the banker's government is handing out SNAP cards? The cost of SNAP is peanuts for them. Pocket change to keep the plebs fed and quiet.
Eventually though a man wants something beyond being fed. A man wants respect. How is SNAP addressing a man's dignity? How valuable does a man feel that is living off handouts? It works for some men for a long time but it is not satisfactory for most men, all the time. A man wants to work and be productive.
"The simple fact is that there does not exist enough productive work for all the world's workers."
oh, bullshit
if war was declared, just see how fast productive jobs are created
except they arent productive-they are jobs for destroying things
there is plenty of work, fixing crumbling infrastructure, cleaning toxic waste sites that decrease productivity
but the distribution system is screwed, there is too much friction
first, get rid of all the bloodsucking jews, then the bankers, then politicians, then the military budget and theft
lots of free cash will be left
The end of the world is near... The ten plagues of Pharaoh “have been brought upon” the USA.
From the Wall Street Crash of 1929 to the Global Financial Crisis of 2007
http://eamb-ydrohoos.blogspot.com/2010/02/ten-plagues-of-pharaoh.html
.
It is the absolute tragedy for the USA. The former illegal immigrants had become the masters of their land; the ultimate masters. The people who wanted to collaborate with the Jews to become “Pharaohs” had the same bad luck. The greedy “locust” of the Asiatic desert swapped the USA and left absolutely nothing standing. The formerly rich people of the New World have been drained of their money to such a degree that they have passed the point of poverty and are headed towards starvation. The Americans now experience desperation and trust in God. Poor and hungry people gather around the fire to warm and cast their eyes up to heaven as their last hope. These are the former planet leaders...
You sound a little crazy, then I look, and the top of every business and field is full of them, yet they are 1.2 % of the population.
They really have taken over.
If every head of Government was Korean. If every CEO of every major financial player in the world was Korean. If every top executive or owner of every media outlet from Hollywood to Radio or Television was Korean. If every big business was run by a Korean.
Wouldn't you think that was strange or there is something going on?
So why is it no one thinks all the Jews running all the countries and financial institutions, and media, etc isn't strange?
You would have to be deaf, dumb and blind not to notice this shit that's going on.........
Plenty don't see. They think you are delusional. They love Jon Stewart [Jon Liebowitz].
He's crazy and a pervert.
They've always come out on top because history is always written by the winner.
Goes back thousands of years.
Slaves in Egypt and being forced to flee my ass. On the run with gold and other treasures. Enough to be building a golden calf in the desert sometime later. No nation state but loaded with wealth. Maybe they charged Egyptians interest on the building of pyramids or they rehypothecated the pharaoh's wealth in order to pay the Jewish architects and laborers in GOLD for the work. When the pharaos purse was dry, they left for greener pastures.
They had basically nothing in the beginning and they ended up owning everything in the end.
Sounds familiar?
Well said...well said...
Poster child for the modern nobility who need a guillotine the way peanut butter needs jelly.
The sheeple are pretty docile. But they will rise up eventually because the rich and priviledged feel no limits these days. Try telling all the middle-aged workers that they will have to work till 80 in new norm of minimum wage jobs so we can keep propping up the existing power structure. THAT should start the riots if anything will.
The young people don't get it. Hand them a "smart" phone and a $150 a month plan and they are happy. Dullards.
Moe, sadly you are right. I have nephews who live 3 to a rented house and, as long as they have an xbox, a smart-phone and enough money for beer they are content. They don't even think about starting a family, buying a house, building a business, advancing a career.
They just accept it. They are dulled by constant interaction with electronic screens. Reality may be scary. But my generation had to grow up and face it at some point. This young generation has the tools to hide from it forever.
+1 . . but they can't hide forever.
Wait till the electricity goes out...
I can tell you the boomers that have jobs are feeling lucky and have no intention of leaving them. Those dreams of retirement die pretty quick when the nestegg is demolished and the future of social security and medicare aren't promising. No riots, just quiet resignation.
This is why we should stand behind Merkel in not printing more money to give to pigs and banksters who want the majority of human beings to slave away for them until they are 80 years old. The German society seems to lack the great esteem the West holds for banksters and their henchmen in government. Look, if we continue voting for colorful, hip candidates like Obama, we will continue to see our governments manipulated by the likes of Robyou Rubin, Lostalot Summers, Sellyourmothersteeth Sachs, etc...
Here’s Wiki on Bob Benmosche:
Early life
Benmosche was born in Brooklyn, New York.[2] Benmosche's ancestors were Jews originally from Lithuania and Poland.[2]
Career
Benmosche joined the Metropolitan Life Insurance Company in 1995. In 1998 he rose to the rank of CEO, a position in which he served until retiring in 2006.[3] During his tenure, he oversaw MetLife's successful transition from mutual company to publicly traded firm.[4] After being a member of the board of Credit Suisse AG for seven years, Benmosche resigned in August 2009.[4]
In mid-2009, Benmosche was appointed CEO of American International Group. He assumed that role on August 10 of that year.[5] During his first meeting with employees, Benmosche stated that Congress was composed of "crazies," that he would not cooperate if asked to testify before Congress, and that New York Attorney General Andrew Cuomo, who had investigated AIG, "doesn't deserve to be in government." He later asked for a personal private jet and said that he might quit over government-imposed pay restrictions.[6]
Mr Benmosche went on to be named 42nd in the list of Fortune top 50 business leaders of 2010 and also was named executive of the year by The New York Times DealBook/ Andrew Ross Sorkin for 2010.
http://en.wikipedia.org/wiki/Bob_Benmosche
You're omitting his total failure as head of Operations at Paine Webber to develop a new broker system.......
Bob Benmosche is one of the corporate Nomenklatura - proving that Communism is alive and well in the corridors of US corporate power - where belonging to the 'Party" is all that matters since real accomplishments are sorely lacking. This Capitalist Nomenklatura (like its Communist counterpart) benefits only a select few who claw their way to power ruthlessly while it screws the masses as bad as the Communists that pretended to represent them.
You're omitting his total failure as head of Operations at Paine Webber to develop a new broker system.......
Bob Benmosche is one of the corporate Nomenklatura - proving that Communism is alive and well in the corridors of US corporate power - where belonging to the 'Party" is all that matters since real accomplishments are sorely lacking. This Capitalist Nomenklatura (like its Communist counterpart) benefits only a select few who claw their way to power ruthlessly while it screws the masses as bad as the Communists that pretended to represent them.
So this is one of the guys who wants to make the eurozone into a single entity so that he can control it politically? He’s making quite a hit today; the news is gettin’ round. My neighbor is boiling mad on the Bob-Benmosch news he heard today on radio that he’s to grubstake Obamalala Land and hold his nose to the grindstone till he’s 80.
These folks who make a living out of gambling while dependent on the political machine for favors fight dirty, don’t they?
And he seems to be living really well for a man in charge of a company that is so deeply indebted to the U.S. government. Does that even matter to anyone but ZHers?
Wow this elitist reminds me of Louis XVI enjoying his life in Versailles while the people were starving in Paris. Out of sight out of mind. I think it took two chops of the quillotine to bring his head off. I guess TPTB take no stock in history.
Miffed:-)
Bob Benmosche is one of the most arrogant - yet ignorant - 'executives' in the world of finance. His SOLE task as EVP of Operations at PW was to develop a new broker system. He FAILED - driving out anyone who was smarter and more capable than he was. Of course this made it even harder to build a new system......... In the end he created a Potemkin 'system' - the ILLUSION of somethign that was not capable of anythign real - a hollow demonstration using smoke and mirrors - to show his superiors. Eventually they caught on and made him (demoted him) to Southern Regional Head to 'pilot' his new system. "Wew want you to show us how good this new system is Bob and who better to run the pilot than the system's creator'...... Bob got the hell out of Dodge as fast as he could - somehow talkinghimself into Met Life. There he destroyed a corporate culture tha treated employees decently and turned it into dog-eat-dog competition ad took the company public making the senior execs wealthy while screwing everyone else.
When Bob took over at AIG I commented to another former PW employee that this was a Godawful choice given Bob's nability to get anything constructive accompolished. The other PW alumni disagreed (correctly) buy pointing out that Bob was great at creating ILLUSIONS of progress and 'success' and that all AIG needed was to do was "LOOK BETTER" - since the reality of its situation was too dire to hope for any real improvement.
So Bob sits in his villa in Croatia - or wherever it is - burning through corporate $$ taking private jets back to oversee AIG - pontificating as if he was some kind of expert...... well, he IS, but BS is just that - merde.
would not it be much more simple to abandon pension system alltogether - people do not pay the tax and to not get pension
then there's no cash flow to support the ponzi
When will public lynchings be fashionable again? I'm hoping sooner than later.
have you not heard of george zimmerman?
Duke LaCrosse team?
Tawana Brawley?
hi,
i did not have time to read the inane verbal spewtation of this major blowhard, but i would like to tell him to kiss my lily-livered ass.
just based on the headline, of course. why would i read the opinions of a shithead?
I'll work 'till I'm 80 if I can run the booth where people by $20 to piss on this pig.
How much to shit down his throat?
Much as I'd like to say: "For you, Moe, it's free," I'd have to take that to an Ebay auction. I don't think he could take too many of those and I hate to lose a good money maker. Same goes for hitting him on the head like you used to do Curly.
I'm willing for the free market to determine a fair price. Perhaps the throat shitting can come after all the pissers are done, as a final capstone event.
Sounds good--maybe close the Sunday matinee with that one, see how it goes.
Is it unlady like of me to have laughed out loud at this exchange between the two of you? Oh well.
Still LMAO.
"I don't always drink beer, but when I do, I prefer Dos Equis"
"Stay Thirsty My Friends"
He has nice banker hands, smooth, never anything rougher then a silk tie run though them babies, make nice wallet material if banker hide didn't sweat so much when it comes in contact with money. Meh, maybe a football, same shit, pigskin.
12on Paul
"Non-Jews were born only to serve us. Without that, they have no place in the world-only to serve the People of Israel," ........"This is his servant...That's why he gets a long life, to work well for this Jew."......"why are gentiles needed? They will work, they will plow, they will reap; and we will sit? like an effendi (master) and eat."........ "That is why gentiles were created." -- Israeli (former chief) Rabbi Ovadia Yosef 10/18/2010 (radio speech in Israel)
“Our race is the Master Race. We are divine gods on this earth. We are as different from the inferior races as they are from insects. In fact, compared to our race, other races are beasts and animals, cattle at best. Other races are considered as human excrement. Our destiny is to rule over the inferior races. Our worldly wise kingdom will be ruled by our leader with a rod of iron. The masses will lick our feet and serve us as our slaves.” — Israeli Prime Minister Menachem Begin (1977-1983) in a speech to the Knesset [New Statesman Magazine June 25 1982]
Begin received the Nobel Peace Prize.
"I am a butt plugged doofus who enjoys eating deep fried baby flesh, after fucking goats and felating feral ferrets." - FeralSerf overheard at a Klan rally (circa 2007)
Easy, Huh?
Ookspay
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hi skewl drop owt, dum an ugli to! i lik wine wemin an wiff! gunz and wisky plus redbul also i think good! realijus to, whin i wunt stuf frum God i prey. plese led me be zeero hedge passwurd gitter, i not rite dum stough to much alot, okey?
http://www.zerohedge.com/users/ookspay
ADL, eh?
Ookspay onli pon en gam ov lif...
Inteviewer: Mr Benmosche, can you imagine a day when your brains are being hosed off that wall behind you?
and the answer to this is to just bring the system to it's knees . do not feed those people, feed yourself & your kin. stop paying taxes & see these people fall. if citizens become angry enough & we default en masse that 's the end of them .
I remember when you first started posting Lynn, as my buddy Virginia says, 'You've come a long way baby!'
If I walk onto an airplane and see the pilot over 65 I am turning around and walking off...same goes for my surgeon with the shaky hands...forget it Benmosche!!!
No biggy, from 65 till 80 just plug them into the Matrix, old people sleep a lot anyhow...
the fat lady of revolution is singing, it sounds like she is singing in french............ soon my friends it will get ugly and i will have no pity for the rich. dont want to see this but there is no other way.
just look at that pompus ass, work till eighty? after the pissed off masses takes all his money first and maybe his life
Really? French? Hmmm. Interesting angle; I had not really considered it was *that* bad.
See my own take is, people make fun of the French for not fighting but PLZ GOD NOT THE FRENCH is what people tend to scream when they do. I mean, its not a bug its a feature that the French are know (to us) as non-fighters. I'm kinda serious
So yours is a disturbing point dude. I'm guessing you realize that.
Bob,
speaking from the villa, hope the view is good because you will be swinging from a post like mubarak and lagarde or shot in a sewer like gadaffi.
You will no doubt plead ignorance and for mercy at the end but your god knows what you did.
Goodbye Bob, shame you hung [sic] on so long.
Benmoshe is an asshole! I made my plans to retire at 50, I'm 53 and able to enjoy myself before I have to walk with a cane and wear pull-ups!
The good thing about working when you are 80 is that you don't realize you're working cause you probably
have Alzheimers ....... but then again, if you have Alzheimers you probably forgot to go to work -- so you
probably got fired.
Let's all retire early at 50 instead and beat the crap out of Benmosche.
Huzzah! Might I therefore request this modest fellow's modest summer cottage too, as for mine? I shan't then make a peep, I promise!
I look forward to the day they start hunting down his "tribe" on the streets. It'll be a fun day to get revenge with those evil bastards!
Is that Corzine and Mozillo I see in the background of this Villa photo?
Birds of a Feather.....
Some chutzpah this man has.