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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: tracor who wrote (207)	5/3/2013 11:13:33 AM
From: Kirk ©	Respond to of 26707

Hi Tracor Good points but to be honest, I am more worried about the "certain assets" backing the 12.4% per year "plunder" from my earnings in the form of a "payroll tax" that is stolen for government spending rather than responsibly invested to fund our retirement. It is the largest Ponzi scheme ever invented. Interesting that in the most liberal California, CALPERS and CALSTERS pension contributions for CA workers are mostly invested in real estate, stocks, hard assets, etc.... They are not foolish enough to rely solely on future contributions to fund retirements.