things change fast, human
history will show that the phenomenon of "retirement" was limited to one
When European and Japanese economies stood in tatters,
American corporatism could fulfill
"the American dream," since there was
little foreign competition to speak of.
For the first time
ever, workers were promised that "after working thirty or so years" they would
be able to securely retire.
That was largely the case for one
The second generation is having a devastating reality check.
2008 was supposed to be a watershed year for retirement: it was the
first year that the baby-boomers turned 62, and the retirement frenzy was to
begin (since people could begin to draw on their social security benefits).
The economy has nosedived, and many more retirements are being delayed.
The unfortunate reality is that many who planned on retiring will
work until the grave, joining the millions of other baby-boomers who never
had such dreams.
At the end of September, just as the crisis was
beginning to gain steam, it was discovered that in the previous year the value
of stocks in 401(k) accounts had fallen by nearly $2 trillion!
more has been lost since then.
This is especially devastating since
almost one-third of 401(k) participants in their 60s had 80% of their money in
stocks (pension funds have been similarly destroyed).
The 401(k) was
the scheme of the century.
Corporations offloaded their "burdensome"
pensions and used media and
politicians to sell the ruse to the public, to the great benefit of
Workers were told that the boom-slump cycle was over, and that stocks
were a sure thing." - Shamus Cooke 12/2008
Corporate America had been cooking the books
for many years.
The accounting debacle of 1999 was the first
inkling that resources were insufficient to continue the current social order
and guarantee workers the retirement they had been promised.
transnational elite came up
with a plane to solve the accounting
problem by sweeping it under
an asbestos rug.
They settled on taking out the
World Trade Center buildings that housed the
Securities and Exchange
Commission offices that were investigating the
September 1933 Townsend wrote a
letter to the editor of the local newspaper (the Long Beach Press-Telegram) and
launched his career as an old-age activist.
He proposes the Townsend Old
Age Revolving Pension Plan.
"An aged physician in Long Beach,
California, was looking out his window one day when he saw three old women
rooting in a garbage can for food.
The vision set Dr. Francis E.
Townsend's soul on fire.
Thus inspired, he sat down to invent a plan
and came up with the Townsend Old Age Revolving Pension Plan.
was simplicity itself. Every person reaching the age of 60 would receive $200 a
There were four conditions:
he or she retire;
have no criminal record;
(3) have no income over the $2400 a year;
(4) spend the entire $200 each month.
A man and wife over 60
would get $400 a month.
There were 10,384,000 persons over 60.
But the doctor estimated that only about 8,000,000 would qualify.
This would cost the country $1,600,000,000 a month or about
$19,000,000,000 a year.
The money would be provided by a transactions
tax of 2 per cent on every commercial transaction.
promise lighted up the imaginations and appetites of the aged.
spread like a prairie fire among the oldsters until millions were marching
behind the good doctor as in a holy crusade." - John T. Flynn
argument against the Townsend Old Age Revolving Pension Plan was that the taxes
would not be enough to pay for the high pensions, which would account for
almost half the national income.
1935 In response
to the continued popular growth of the Townsend Plan, Franklin D
Roosevelt's proposed Social Security legislation included two titles
designed to help the elderly, neither of them as generous as the Townsend
Social Security Act is passed in August.
1999 California spends $160 million on its
Bruce Malkenhorst, retired city manager, collects a $500,000 a
Joaquin Fuster gets $296,000.
James Stahl, Los Angeles
County Sanitation District, receives $265,000.
2009 California spends $3.4 billion on retiree pensions.
"We have two classes of citizens: Government employees who can retire
at younger and younger ages, and those who have to wait longer to retire so
they can pay government employees." - Robert Somerville
"I spend a lot of time fighting this
incredible goverment giveaway to what has become the new aristocracy - public
employees." - Richard Rider
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This website defines a
new perspective with which to engage reality to which its author adheres. The
author feels that the falsification of reality outside personal experience has
forged a populace unable to discern propaganda from
reality and that this has been done purposefully by an international
corporate cartel through their agents who wish to foist a corrupt version of
reality on the human race. Religious intolerance occurs
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persons due to their religious ideology. This web site marks the founding of a
system of philosophy named The Truth of the Way of the Lumière Infinie -
a rational gnostic mystery religion based on reason which requires no leap of
faith, accepts no tithes, has no supreme leader, no church buildings and in
which each and every individual is encouraged to develop a personal relation
with the Creator and Sustainer through the pursuit of the knowledge of reality
in the hope of curing the spiritual corruption that has enveloped the human
spirit. The tenets of The Truth of the Way of the Lumière Infinie are
spelled out in detail on this web site by the author. Violent acts against
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This web site in no way condones violence. To the contrary the
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international corporate cartels
desire to control the human
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worldwide, the global industrial military entertainment complex and is
responsible for the collapse of morals, the elevation of
self-centered behavior and the destruction
of global ecosystems. Civilization is based on coöperation.
Coöperation does not occur at the point of a gun.
mores and values have declined precipitously over the last century as the
corrupt international cartel has garnered more and more power. This power rests
in the ability to deceive the populace in general through corporate media by
pressing emotional buttons which have been preprogrammed into the population
through prior mass media psychological operations. The results have been the
destruction of the family and the destruction of social structures that do not
adhere to the corrupt international elites vision of
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directed toward solutions proposed by the corrupt international elite that
further consolidates their power and which further their purposes.
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