Re: Mind's Eye Re: Greece -- helping friends

Same thing happening on a local level. Since I work for the University of Houston I'm in TRS and an employee of the State of Texas.  Found out a few days ago Texas has been dipping into the pension funds. All legal due to deals struck 3 or 4 years ago. Basically allows Texas to use money as needed and so they don't have to cut benefits. The whole thing stinks. I get how legislatures are backed into a corner and forced to make choices to meet budget realities but it always seems me and mine are paying the price. Over and over and over again. 

Yea I know. Whinnnnneee. I'll get over it. Fact is I can afford it. Doesn't mean I won't bitch about it though. 

dj

On Thu, Feb 16, 2012 at 5:08 PM, archytas <nwterry@gmail.com> wrote:

Would it were so rigsy.  A fairly standard review of what's been
happening in finance can be found here -
http://www.cfainstitute.org/learning/products/publications/rf/Pages/rf.v2009.n5.18.aspx
- from the investment managers' professional body.  Many ordinary
people who put the toil in, including Greeks working two jobs, are
discovering what they thought their hard work has earned is worth
nothing.  These are people who thought they were being self-
sufficient.  I suspect we have been living off the backs of others too
- but believe this current situation may be linked to the recognition
the real work that needs doing is under-valued in the crazed libidinal
economics.  People who put the work time in are finding themselves no
better off than the shirkers and some of this is down to work having
gone neurotic.
What I saw in Greece was people I know as friends working two jobs and
more not able to meet mortgage payments - just as in Eastern Europe in
transition.  Here I find people who have just had private pension
payments halved - in Greece this has hit the public sector and will
here.  Obama is tapping US pension funds.  Austerity can work for a
home - and I had some great times when broke - but it's bullshit
ideology for the gullible as an economic answer.

On Feb 16, 1:51 pm, rigsy03 <rigs...@yahoo.com> wrote:
> How do you know what my life has been? I learned a great deal during
> lean times- in fact, I would say it was my most creative period. And I
> disagree about the banks- although there are certainly some wolves in
> life's woods. It's like saying a grocery store or restaurant is to
> blame for obesity or digestive ills. Individuals and nations lived
> beyond their means and disregarded contracts, etc. Since we have been
> nursed on entitlements, many thought they would be bailed so now comes
> the whining and tantrums.
>
> On Feb 15, 9:38 am, Allan H <allanh1...@gmail.com> wrote:
>
>
>
>
>
>
>
> > There is nothing left to tighten...  Put the same astiaity measures intact
> > in your life rigsy... see how it feels..  The majority of these prolems are
> > brought on by the banksters..
>
> > If Greece fails you will be effected also..
> > On Feb 15, 2012 3:16 PM, "rigsy03" <rigs...@yahoo.com> wrote:
>
> > > Stop destroying your cities, Greeks! Tighten your belts! Pay the
> > > Piper!
>
> > > On Feb 15, 3:01 am, Allan H <allanh1...@gmail.com> wrote:
> > > > I see the Banksters desperately trying  to destroy Greece..  I have Greek
> > > > friends there and I am wondering about Ideas of how to help them once the
> > > > Banksters manage to succeed on their mission.
>
> > > > Please add your thoughts as it is an up coming problem for me.
> > > > Allan
>
> > > > --
> > > >  (
> > > >   )
> > > > |_D Allan
>
> > > > Life is for moral, ethical and truthful living.- Hide quoted text -
>
> > - Show quoted text -