Mrcauser’s Weblog

Just another weblog

May you live in interesting times…..

leave a comment »

Think the geezers will converge on Washington and kick their asses? Only be a 100 million or so living off of Social Security. Forget medicare. It’ll be toast.

 Of course we’ll all have those little electric scooters to run down Pelosi. God I’d pay money to see that!

The Coming Economic Depression: Retirement Crash For Years to Come

Retirement Crash For Years to Come
The Baby Boom officially begins crashing this year. Some Baby Boomers began retiring early, but the big retirement Crash begins now and will go on for many years.

This is a crashing demographic wave that is also a massive financial and economic crash. The peak income years of this large wave of Americans now suddenly and steadily drops for many years to come as more and more of them retire. Their disposable income and actual consumer spending will likely be far less than was expected a few years ago because of the massive drops in retirement savings and the soaring costs of health care which will demand far more frugal living than was true of their predecessor waves of retirees. This will be even greater as they suddenly realize that the Obama Central Plan for Medicare Cost Cuts will force them to pay far more of their own medical costs.

At the same time, this growing tsunami-crash of retirements will produce a soaring tsunami of government expenditures for Medicare/Medicaid, in spite of the cuts now in the works which are not remotely enough to cut the soaring overall costs of these vast programs.

And the growing wave of Baby Boom retirees will also produce soaring government expenditures for the vast Social Security payments, because the government has spent their “contributions” to the system and given the SS “Trust” non-negotiable bonds – IOU’s that now come due to pay the soaring costs for these retirees. The government will be forced to borrow trillions more to pay for these costs at the same time its revenues are sinking and it is borrowing trillions to pay for other costs from the Great Financial Crisis.

My Lunch With the CIA

Prepare for the Great Depression.
Survival Seeds
Posted by Economic Analyst at 1:23 PM

Anonymous said…

There aren’t any real men left willing to work REAL jobs. Just paper fake consumer economy jobs. Marketing assistants.

What a huge difference 80 years makes. In ’29 there were men in America. Now there are emasculated half-men.

Kind of like comparing John Wayne to Ben Afflect.

If a person from the 20s could appear here in an instant they would be unbalanced from the technology at first, then would ask ‘where are the men?’
January 6, 2010 1:36 PM
the geriatrics are coming said…

Great, baby boomers will suck us dry like the movie Mummy where life blood is sucked out of those guys by emophet or whatever his name was. One giant vaccum and us younger ones are paying into something that has no snowballs chance in hell of providing us even enough to buy asswipe with. Phucking elites have played us in so many ways, revolt is around the corner and peasants are in the making. TSHTF is sure to come this year or next at the latest. Time to store some food and ammo, don’t buy silver or gold as they are worthless in any scenario since they don’t taste good and nobody will want them.
January 6, 2010 2:06 PM
Anonymous said…

Emotep (or Emoteph)!!!! LOL!!!! Thanks for that, can’t stop laughing. The youth is so screwed.

Disagree about gold/silver, but totally agree about storing food. I can go about six months. Can forage also.

The more time passes the less credence I give to a SHTF scenario and believe instead that the elite will continue to do what they do so well. Just bleed us dry like a tic.
January 6, 2010 2:20 PM
Anonymous said…

If it is a SHTF very fast paced scenario they will do it via a false flag attack by the Mossad/CIA and blame it on Muslims, prob Iran. Then we will retaliate, and WWIII possibly begins. Think of all the profits for the war elite. Then they can kick back and enjoy the theatre of war they created.

It won’t take much to push us over a cliff. No nukes or anything so dramatic. Look how scared the sheep are over the 19 year old stooge.

A good FF will usher in martial law and the SHTF scenario. If that is what the elite want it is a cakewalk for them. They can determine the day of the fall that way.

There is no moral reasoning involved. Whatever scenario gains them the most power and enjoyment. The TIC or the CLUB.
January 6, 2010 2:27 PM
Anonymous said…

Great. This means that that baby boomers won’t retire and clear out of their jobs, allowing us to move up. Instead they’ll sit there, hogging jobs so they can pay for their giant houses.
January 6, 2010 3:30 PM
Anonymous said…

Since the baby boomers are retiring, I guess that means they will sell their 5 bedroom, 5 bath McMansions, and then buy downsized 5 bedroom, 5 bath coastal condos? After all they are going to have to spend their social security checks on something, until the checks stop arriving. Maybe this is what Chris Dodd is going to do.
January 6, 2010 4:50 PM
laura said…

As a babyboomer on SS, I agree with 3:30pm, they need to move on to retirement and make room for the younger ones to earn a living. Also to 1:36 pm I say too, “where’s the men”…
January 6, 2010 4:52 PM
Anonymous said…

I’m 50 years old. When I was in my 20’s I guess I was a “real man”. I worked in a machine shop, making Sidewinder Missiles and other shit with no other function but to kill people.

Our all knowing government killed the manufacturing economy. Manufacturing jobs were exported to the Third World, where machinists were paid $2.00 a day. Now we have an economy based on consumption, as long as people buy shit they don’t really need and save nothing for the future, we’ll all be just fine. Now we’re in a one-way trip down the big Black Hole. I still believe in the Constitution and the Bill of Rights and a few of us old fuckers will defend it to death, just so you whining ass young adults can keep partying and buying video games.
January 6, 2010 5:45 PM
Anonymous said…

The Bill of Rights is 50% gone so we can fight the fake war on terror. One of the most important dictates of the Constitution that we will print our our money via the Treasury; well that’s gone. You can believe enforcement and comformity with the originals, but in reality they don’t exist anymore.

When any American’s home can be invaded without a warrant; when any American can be taken off into the dark and tortured, well an ex-bill of rights doesn’t mean much.

In Jordan Maxwell’s latest DVD The Next Dawn he ends it with a Red White and Blue Toilet. That is where America is going. No hope. No turning back. We are done. Now is the time to survive on a personal level and forget the nationality crap. American, Mexican, Cuban, I don’t give a damn. Division and false patriotism got us here.
January 7, 2010 2:22 AM
Anonymous said…

Both of these last 2 posts are spot on. We went from making steel to making laptops to making money now we have exported it all including our honor and morality.
Now we just consume – that’s it & we wonder why 35% of us are obese. Indeed now it’s time to look out for #1.
January 7, 2010 4:53 AM
Anonymous said…

many of the post(s) are correct, however, I am one of the baby boomers that firmally worked my tail offto reach the american dream. I worked in textiles for over 30 years, I watched the textile industry slowly deteriorate because we were told that we would have to compete on a “level playing field”, BS, the corporate elites wanted nothing more than to suck every penny out of this industry for themselves. I am not afraid to identify the companies, DUPONT, MONSANTO,MOHAWK, J.P. STEVENS and KOCH Industries, just to name a few. I could go on and on.

One thing we all must keep in mind, this has been going on since the Carter years and although I have no use for the present administration, this yoyo is making it worse.

If this jackass wants to bring prosperity back to this country (which I doubt) he had better advocate manufacturing back into this country and lower corporate tax rates to make it more attractive.

Unless something is done to change this soon, bet your bottom dollar (if you have one) we will be returning to an agricultural based society. because the family will need to farm just to survive.

One other thing, this present culture needs to understan one simple thing, not all Americans are cut out to be a Doctor, Lawyer, Nurse etc…
many folks were not all menat to be college graduates. Just recently, my neice and nephew stated that no one without a college degree should be in any management position. I let the know that I sent 3 children to college, made a good living for my family, bought and paid for a house and was able to put a few dollars away, I graduated from H.S. and became a mid level manager at Dupont. I had a very successful career until they saw fit to move our facilities to Singapore and Mexico.
January 7, 2010 6:29 AM
Anonymous said…

January 7, 2010 6:54 AM

Post a Comment

Everyone is encourage to participate with comments!
Newer Post Older Post Home
Subscribe to: Post Comments (Atom)
The Gross National Debt

Best price on dehydrated food on the planet- CLICK ABOVE


OVER 2.3 Million Hits in 2009! #1 in GOOGLE Search Engine for The Coming Depression NEWS. The only True Economic News Site on the Internet
Click Here
The Coming Depression YouTube VIDEOS
WOULD YOU LIKE TO WRITE AN ARTICLE and post it here? Any Country! Email Me
Search This Blog

powered by

About Me
My Photo

Economic Analyst
Professional researcher. I research info for 10-15 hours a day. Sometimes 7 days a week! I do NOT get paid for my services. I try hard to find info that is not mainstream news. Please donate to keep the info coming!

View my complete profile
Alexa Certified Traffic Ranking for
Subscribe in a reader
Daily Weird News Here
Blog Archive

* ▼ 2010 (31)
o ▼ January (31)
+ There Was No Net Job Creation Since 1999
+ Geithner: Don’t Tell Public Details About Bailout …
+ Bob Chapman: 50% foreclosure Rate In New Subprime …
+ Former Bank Of England Policy Maker: Massive Dolla…
+ Retirement Crash For Years to Come
+ Conspiracy? Who Put Billions In Stock Market? Gove…
+ No Choice: The Truth Is Coming Out on Mainstream N…
+ Unemployment is 80’s Level While Goldman Sachs Mad…
+ A New Dollar: Bob Chapman
+ Worst Sales For Auto Manufacturers in 30 Years
+ Subprime Losers: Its Getting Worse
+ States Borrowed Over 26 Billion for Unemployment B…
+ All of Pakistan’s Oil Refineries at Or Near Defaul…
+ 1,186,000 Tennesseans on Food Stamps
+ IRS To Police Health Care
+ One Of Arizona’s Largest Single Commercial Foreclo…
+ Pimco Cuts U.S., U.K. Bond Holdings: Bond Collapse…
+ Will 2010 Be The End Of The Euro?
+ Length Of Time For Recovery: Forever
+ The Next Economic Perfect Storm – Should Start Mid…
+ The Bankers Guide To Owning It All
+ 6 Million: Food Stamps, and Nothing Else
+ ARIZONA Broke Within Weeks: To issue IOU’s
+ Woman Loses Everything in Foreclosure “Mistake”
+ Many Too Ignorant To Walk Away From Mortgage
+ Housing Coming To America
+ Coming Soon: The Bill for the Massive U.S. Debt
+ What Happens When California Defaults?
+ Police State As We Enter 2010
+ 2010 Will Be Worse
+ Protection: Guns And Gold

* ► 2009 (1056)
o ► December (118)
+ What would happen in a USD collapse?
+ Canadians: Your Banks Are Insolvent and Fraudulent…
+ Coming Nationwide: Minimum Wage Dropping in Colora…
+ Proof: No Recovery and Getting Worse
+ US States Running Out Of Employment Money
+ 8 Countries on The Verge Of Going Under
+ No Jobs For 10 Years
+ 2010 Could Be a Year That Sparks Unrest
+ USA’s Highest Grossing Restaurant Opened During Th…
+ Feds: 4 Trillion Dollars For Next Market Crash
+ Americans are Lured into Debt Servitude by Promise…
+ Your New Years Resolution: Move Your Money
+ More Bailout Money For GMAC “Bank”:3.5 Billion
+ Chinese Firm Says Won’t Pay Goldman Sachs on Optio…
+ U.S. Treasury Bond Market Crash Not Stocks the Big…
+ As Slump Hits Home, Civilians Doing Investigative …
+ If YRC Trucking Stops Everything Stops
+ Wall Street’s 10 Greatest Lies of 2009
+ The American Idiot
o ► November (126)
o ► October (121)
o ► September (106)
o ► August (103)
o ► July (85)
o ► June (61)
o ► May (59)
o ► April (53)
o ► March (75)
o ► February (77)
o ► January (72)

* ► 2008 (160)
o ► December (70)
o ► November (62)
o ► October (28)

FEEDJIT Live Traffic Feed
Live Traffic Feed
Coeur D Alene, Idaho arrived from on “The Coming Economic Depression: Retirement Crash For Years to Come”
New York left “The Coming Economic Depression” via
Heerhugowaard, Noord-Holland arrived on “The Coming Economic Depression”
Bologna, Emilia-Romagna arrived on “The Coming Economic Depression”
Sioux Falls, South Dakota arrived on “The Coming Economic Depression”
Bombay, Maharashtra left “The Coming Economic Depression” via
Springfield, Missouri arrived on “The Coming Economic Depression”
United States arrived from on “The Coming Economic Depression”
New York arrived on “The Coming Economic Depression”
Hartsel, Colorado arrived on “The Coming Economic Depression”
Watch in Real-Time
∙ Change your Location
∙ Ignore my browser
∙ Live Traffic Map
∙ Popular Pages Today
[Click to Get Live Traffic for your Blog or Website]
Follow This Blog
Follow this BLOG




StatCounter – Free Web Tracker and Counter
[Click to see how many people are online]


Written by mrcauser

January 7, 2010 at 7:44 pm

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: