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AIG CEO: retirement age should be 80

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Re: AIG CEO: retirement age should be 80

Unread postby Cog » Sat 09 Jun 2012, 06:51:38

I guess Alzheimer's didn't exists before we had nurses, social security, medicare, and 24/7 care. I guess we are fortunate to have Medicare and Social Security now to take care of all of them. If Alzheimer's had occured before we had these safety nets, the people would have been totally helpless to deal with it. :lol:

Sixstrings lack of desire to be around and take care of sick and old relatives does not impose a duty on me to do so. I have my own relatives to take care of when the time comes.
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Re: AIG CEO: retirement age should be 80

Unread postby Cloud9 » Sat 09 Jun 2012, 09:13:47

My Father In Law worked for forty years for Life and Casualty selling insurance. Their retirement plan was a stock option. AIG bought out Life and Casualty and converted his stock into AIG. He had a little over $800,000 in stock when the pricks in London blew up AIG. They walked away with millions, he was crushed and died a broken man. May they all burn in hell.

The state has done everything in its power to usurp the family and in so doing it has grown its bureaucracies and created millions of dependents. This whole process has been undertaken under the premise that inequity is a problem of distribution. Once the socialists come to realize there simply is not enough to sustain the exponential growth their systems are built on the whole house of cards will come down. Then, out of necessity we will reinvent the family. There is where the real safety net exists.
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Re: AIG CEO: retirement age should be 80

Unread postby vision-master » Sat 09 Jun 2012, 09:43:01

Poor ppl stick togather, many live three generations under one roof, rich ppl are isolated and live on large gated estates and belong to country clubs to futher their own money machine. Poor pll offen offer what little they have to others, rich ppl expect others to do things for them for little or nothing.

Image

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Poor ppl help others.........

Rich ppl help themselves.........
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Re: AIG CEO: retirement age should be 80

Unread postby hiper42 » Sun 26 Aug 2012, 17:23:12

dsula wrote:
ian807 wrote:
dsula wrote:
Sixstrings wrote:Did it ever occur to you that some people got rich because they deliverd a product people wanted and are willing to pay for. And did it ever occur to you that some people wasted their life with poor choices and laziness and simply can't afford to retire?

Did it ever occur to you that some people got rich because they chose their parents wisely, and as a result, were well connected, and had no other talent than the manipulation of inherited capital to make more capital? And did it ever occur to you that some people were given a life where they were born poor, sick, without family or social support for education, or without opportunities for connection to the society of the wealthy, or that the only choices they had were poor ones, and simply can't afford to retire?

What do you figure? Just shoot those people after age 65?

No shiit, yes it occured to me that some people got lucky and inherited a fortune. Good for them, but such is the world. I'm born ugly and have no chance of becoming a hollywood star. Does that mean that the ones that made it have to pay me because I'm not blessed by nature?

The vast majority of millionaires gained their fortune by starting businesses and offering services and products that the rest of the population was willing to pay for. Hats off to them and they deserve every dollar they made. I went to university and lived thru the rise of the internet. I had EVERY chance to start amazon, ebay, facebook, google etc. But I didn't. I CHOSE to go to bars and have a good time with my buddies. So, I suck it up and doen't expect any of those companies to pay me squat because I didn't make it.

And I never advocated to shoot people after 65, but GOD-FORBID, such is life, if you can't afford to retire, you have to work. I'm sick and tired of this simple minded blaming the rich and corporation for everything and all.


You are right we should blame ourselves because the system was rigged from day 1.
I would like to remind you that we live in a system of state backed capitalism.
Read capitalism backed by the states monopoly on the use of force.
Or did you think the enormous concentrations of capitalist wealth would remain unchallenged without the state's military complex?
Look what is happening in Syria where you have the people of Syria
taking to the streets to demand an increased share/stake in their society.
They are facing tanks, heavy artillery and airstrikes.
What they are facing is the states protection (by use of military force) of the grossly uneven distribution of wealth and privileges.
It is that simple.
Capitalism is based on the exploitative extraction of surplus value from workers.
The workers "earned every dollar"... but were paid a fraction.

1912 Lawrence textile strike
Image

2012 South african miners strike
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Might makes right... such is life.
Don't give me that "level playing field" crap.
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Re: AIG CEO: retirement age should be 80

Unread postby Plantagenet » Sun 26 Aug 2012, 17:35:17

hiper42 wrote:Look what is happening in Syria where you have the people of Syria
taking to the streets to demand an increased share/stake in their society.
They are facing tanks, heavy artillery and airstrikes.
What they are facing is the states protection (by use of military force) of the grossly uneven distribution of wealth and privileges.
It is that simple.
Capitalism ....


Syria has been ruled for decades by the Baath Arab SOCIALIST party. All the major industries there are GOVERNMENT OWNED.

SOCIALIST one-party states often have grossly uneven distribution of wealth and privileges---just look at North Korea.
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Re: AIG CEO: retirement age should be 80

Unread postby dsula » Mon 27 Aug 2012, 07:03:33

hiper42 wrote:Capitalism is based on the exploitative extraction of surplus value from workers.
The workers "earned every dollar"... but were paid a fraction.


If you have an idea, you get a loan, and you invest your savings to buy equipment. You work day and night to achieve your goal......and you fail. You lost it all. Your retirement money is gone. The money of your relatives you borrowed..gone. The additional mortgage you had to take on your home, still there.

Where are the workers now? Are they there to help you out? Do they pool their money and give you your lost investemnt back? Do they sell their cars and TV to pay your relatives? I don't think so and that's why workers are paid a fraction of what they create. And most of them don't even create what they're paid.

But you won't understand, hiper42. You're clearly a worker bee. The biggest risk you ever took was trying that newly flavored coffee at starbucks.
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Re: AIG CEO: retirement age should be 80

Unread postby vision-master » Mon 27 Aug 2012, 07:56:23

Please, stick with working family workers for your beez'ness.........
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Re: AIG CEO: retirement age should be 80

Unread postby dolanbaker » Mon 27 Aug 2012, 09:28:39

SOCIALIST one-party states often have grossly uneven distribution of wealth and privileges---just look at North Korea.


You could tar most societies with that particular brush.
Religion is regarded by the common people as true, by the wise as false, and by rulers as useful.:Anonymous
Our whole economy is based on planned obsolescence.
Hungrymoggy "I am now predicting that Europe will NUKE ITSELF sometime in the first week of January"
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Re: AIG CEO: retirement age should be 80

Unread postby PrestonSturges » Mon 27 Aug 2012, 10:10:16

mattduke wrote:Nothing like expending your life working all day from morning to night to provide for your family, only to check peakoil.com and find self-righteous people who claim your paycheck belongs to them.

The people who complain the loudest are always on the internet 80 hours a week bragging about how hard working and independent they are. 'Glad you found that work/life balance.
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Re: AIG CEO: retirement age should be 80

Unread postby PrestonSturges » Mon 27 Aug 2012, 10:31:20

mattduke wrote:
pstarr wrote:
mattduke wrote:As with all Ponzi schemes, the first in make out like bandits. Ida Fuller payed $24 into SS and extracted $22,000. Those who come later make all the payments and get no payout. SS is not invested in government debt, it was spent. Writing an IOU to yourself for a trillion dollars does not mean you own anything.
Generations of Americans retired and died graciously on SS, and they were not all scammers like you want us to believe.

Libertarians like you just want to defund the government, except for the fun-gun part. Call me a commie or a sissy, but I'd rather take the troops home and take care for old people.

It was wrong for Ida Fuller to steal $22,000 from other people. She was a thief.
So's your mother.
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Re: AIG CEO: retirement age should be 80

Unread postby PrestonSturges » Mon 27 Aug 2012, 11:10:23

Of course these elderly workers will be buying their own health insurance as well, because a 75 year old guy with a heart bypass and diabetes can surely afford to maintain their own health insurance.

Basically, the plan is to "solve" the retirement and health care issues by reducing the life span of Americans by 5 to 10 years. Ooops, you cracked a tooth? Well, it sucks to be you, because in 6 months you'll be dead.

The logical course would be for the government to set up suicide centers like in Soylent Green where the lonely elderly can shuffle in for a first class euthanasia session. Of course, wingnuts would still whine about the expense.
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Re: AIG CEO: retirement age should be 80

Unread postby Plantagenet » Mon 27 Aug 2012, 11:54:47

PrestonSturges wrote: Ooops, you cracked a tooth? Well, it sucks to be you, because in 6 months you'll be dead.


Medicare doesn't cover dental care. Neither does Obamacare.

Those heartless liberals obviously want everyone to die from gum disease. :roll:
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Re: AIG CEO: retirement age should be 80

Unread postby Lore » Mon 27 Aug 2012, 12:13:33

My wife is an emergency room nurse and she receives a huge number of patients coming in for dental problems. The only thing the hospital can do is give them antibiotics and pain medication and expect to see them again in a week at the door. Many of these emergency room issues could have been prevented through their local dentist at a much lower cost. Since dental is not covered under Medicaid either, the general insurance paying public ends up footing the bill for these people.
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
... Theodore Roosevelt
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Re: AIG CEO: retirement age should be 80

Unread postby hiper42 » Mon 27 Aug 2012, 12:18:51

dsula wrote:If you have an idea, you get a loan, and you invest your savings to buy equipment. You work day and night to achieve your goal......and you fail. You lost it all. Your retirement money is gone. The money of your relatives you borrowed..gone. The additional mortgage you had to take on your home, still there.

Where are the workers now? Are they there to help you out? Do they pool their money and give you your lost investemnt back? Do they sell their cars and TV to pay your relatives? I don't think so and that's why workers are paid a fraction of what they create. And most of them don't even create what they're paid.

But you won't understand, hiper42. You're clearly a worker bee. The biggest risk you ever took was trying that newly flavored coffee at starbucks.


Taking into account your university degree it is no wonder you excel at following the flock.
You are trying to defend a system of oil-drenched feudalism which is crawling
to the exit and trashing nature in the meantime.
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Re: AIG CEO: retirement age should be 80

Unread postby Plantagenet » Mon 27 Aug 2012, 12:21:35

The need for dental coverage is just another reason why the dems should've gone for single payer healthcare, instead of inflicting the crazy hodgepodge of Obamacare on the USA. It would be a lot easier to add dental coverage if we had single payer instead of Obamacare.
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Re: AIG CEO: retirement age should be 80

Unread postby dsula » Mon 27 Aug 2012, 18:14:03

hiper42 wrote:
dsula wrote:If you have an idea, you get a loan, and you invest your savings to buy equipment. You work day and night to achieve your goal......and you fail. You lost it all. Your retirement money is gone. The money of your relatives you borrowed..gone. The additional mortgage you had to take on your home, still there.

Where are the workers now? Are they there to help you out? Do they pool their money and give you your lost investemnt back? Do they sell their cars and TV to pay your relatives? I don't think so and that's why workers are paid a fraction of what they create. And most of them don't even create what they're paid.

But you won't understand, hiper42. You're clearly a worker bee. The biggest risk you ever took was trying that newly flavored coffee at starbucks.


Taking into account your university degree it is no wonder you excel at following the flock.
You are trying to defend a system of oil-drenched feudalism which is crawling
to the exit and trashing nature in the meantime.


Stop it, please. You make me laugh. Now please go and fetch me a starbucks coffee, worker bee.
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Re: AIG CEO: retirement age should be 80

Unread postby Serial_Worrier » Tue 28 Aug 2012, 18:07:50

Plantagenet wrote:The need for dental coverage is just another reason why the dems should've gone for single payer healthcare, instead of inflicting the crazy hodgepodge of Obamacare on the USA. It would be a lot easier to add dental coverage if we had single payer instead of Obamacare.


I'm not for single-payer, but for subsidies for the poor. Expand dental coverage to everyone but through private dentists.
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Re: AIG CEO: retirement age should be 80

Unread postby hiper42 » Fri 09 Oct 2015, 07:07:40

dsula wrote:
hiper42 wrote:Capitalism is based on the exploitative extraction of surplus value from workers.
The workers "earned every dollar"... but were paid a fraction.


If you have an idea, you get a loan, and you invest your savings to buy equipment. You work day and night to achieve your goal......and you fail. You lost it all. Your retirement money is gone. The money of your relatives you borrowed..gone. The additional mortgage you had to take on your home, still there.

Where are the workers now? Are they there to help you out? Do they pool their money and give you your lost investemnt back? Do they sell their cars and TV to pay your relatives? I don't think so and that's why workers are paid a fraction of what they create. And most of them don't even create what they're paid.



Who do you think funded the bailouts on a world scale of the private bank, auto and insurance companies to the tune of untold trillions?
Workers did.
And what do you think the public protests would have faced if they had persisted?
The exact same thing as what happened to the Lawrence textile workers in 1912 and the South african miners in 2012...
They would have faced the state's protection of the wealthy and the status quo by force of arms.

The state's might comes from the barrel of a gun and ultimately this and only this gives them the ability to protect the wealthy groups in society.
Private capital with access to the state's monopoly on the use of force is nothing more than the organised and 'legal' plunder of the public by a band of high level brigands.
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