Fleet Marine Life #70 – Pension
http://www.wtvm.com/story/15173966/2011/07/29/us-army-proposes-new-retirement-plan
The Pentagon is currently thinking about changing the current retirement system. If this goes through then 20 years of service won’t set you for life with a very generous amount of money every month. Instead, they’re thinking about turning it into some sort of corporate-style pension. This is supposed to save them $400 billion.
Hell, the current retirement system is basically the only reason I would ever stay in the Marine Corps.
Here’s the link below for the military retirement pay calculator. Try it out and discover the madness.
http://militarypay.defense.gov/mpcalcs/Calculators/FinalPayHigh3.aspx
http://news.yahoo.com/31-americans-7-afghans-killed-helicopter-crash-145151275.html
In recent news, 31 Americans were killed when members of the Taliban shot down their helicopter. I’ve first read this in an article on the internet. The next day, I would see it on television. And I’ve realized that the mass media hardly report anything on who has died or what is happening in Iraq or Afghanistan. It bothers me to my core. Not one dead body shown on television. I doubt Americans still know that we’re still in those countries. I wonder why we’re still in Afghanistan.
http://www.youtube.com/watch?v=p12cAclNCRU (October 27, 2007)
Remember that promise that Obama made about troop withdrawal. Watch this now.
http://www.youtube.com/watch?v=tk2TXhzEX1g (December 2, 2009)
It’s all just more of the same. No real change. We’re continuing down this road with no end in sight. This nation has lost enough men, money and resources to this black hole called the Global War on Terror. How do you even fight something like that? Who are the “terrorists?” The Patriot Act renewed by Obama says that we, the Americans, can be targeted and labeled as “terrorists.” This is highly disturbing to me. How did this man even win the Nobel Peace prize? It’s ironic! A man who supports war wins the Nobel PEACE prize. I guess it’s easy to wage war when you don’t have to fight in it.
When will this all end? Like history as told time and time again, the oppressed usually rise up and break down the current system and in its place, put in a new one for better or worse.
Also, in other news, Standard & Poor has downgraded US Debt from AAA to AA+. I expected something like this. I am surprised that they didn’t do it earlier. And honestly, they haven’t downgraded enough. The US government has an addiction to spending on everything and they have no solution to stop it. I have a solution. STOP SPENDING SO FUCKING MUCH.
Getting paid to do nothing for life since 1779.
I was helping a wealthy client, who never worked a day in her life, through some tax issues after her mother passed away (she owed $1,000,000).
During the convo she griped that cops get paid the rest of their lives after only 20 years. I told her that if there wasn’t that incentive, there wouldn’t be police officers, and she was fairly indignant that I’d say such a thing.
Later, I found out that she believes I’m a freeloader for having “gotten” a pension after being deemed 70% disabled from my service, especially after I “got” money for college.
you mean since 1795
Touche.
It’s remarkable to watch the difference in the way liberals and conservatives are handling the credit downgrade. One Fox News, they were all saying “We need to get our fiscal house in order”. On CNN and MSNBC, they were bitching saying “How dare they downgrade us. This is their fault.” Conservatives are trying to fix the spending problem while liberals are bitching to S&P about it. Typical.
I had no idea they were going to cut the pension system so bad. That will slaughter reenlistment rates.
Obama said troops’ salaries are of a lower priority than interest payments to foreign bond holders. The politicians only worked a deal to cut future spending. Future spending is not current day spending. And even then, they only cut a very insignificant amount.
The new pension system is just an idea as far as I know.
http://www.dailymail.co.uk/news/article-2020651/US-debt-ceiling-crisis-American-troops-Afghanistan-paid.html