Public pensions reduce fertility

https://pubmed.ncbi.nlm.nih.gov/1213215/

Socialism kills. All Marxism is anti-natal, it’s the only thing it has in common.
Hence, national socialism is fucking retarded, sorry. It doesn’t work. You can’t have a half-evil system. It makes people lazy, as we see:

A number of population scholars have asserted that social security programs such as old-age programs lead to decreased fertility levels because parents need not rely on children for “security” in old age. There is, however, a paucity of empirical data on the above. This paper analyzes 67 countries and shows that social security programs have a measurable negative effect on subsequent levels of fertility.

This might go down in history as the thing to doom the Boomers, demographically.

In fact, the social security programs appear to have as much of an independent impact on fertility as do the traditional correlates of fertility (infant mortality, education and per capita income).

Explains the sheer drop in fertility in places like Poland, and why places like Russia and China are currently bricking it.

Then you have fake Catholics like the French, fucking around and never marrying because there’s no stigma any longer. Socialism preserves a husk of civilization while hollowing out the core.

It’s popular for insecure morons to say higher education should be banned but it replaces ballrooms for the high IQ to meet one another. Education is K-select, that’s why Marxists have tried to destroy it. Would you rather they screw the local waitress and have dipshit kids? On your tax bill? Assortative mating must be enabled for a healthy, functioning society. Ban foreign students and there’s more room by far. Then you don’t have national security risks like the Chinese stealing missile data AMERICA.

College educated parents (yes, both) have higher IQ children. The right wing gets triggered over this and other facts where the universe doesn’t revolve around men (or women, but they don’t care there). As covered previously, most child IQ is inherited maternally. So we know it’s men to blame for fucking the dumb broads, who exhibit sexual selection like a leech being discerning in a blood bank. Stop fucking stupid women. At least, don’t be surprised when the kids are entitled douchebags. If your kids are stupid, and you think it isn’t you – it’s your choice of woman.

Pension “scheme”

http://www.telegraph.co.uk/news/politics/georgeosborne/12179375/Work-until-youre-75-or-even-81-under-Government-review-of-state-pension-age.html

75-81

and that’s what they’re saying now

keep paying 10% of your wages into a “workplace pension”, muggins!

even loss of purchasing power by inflation is better than nothing

Average male UK lifespan 74

Female about 83 last I checked

https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

Video: The 401kon

That would make an excellent book title.

Wise Boomer. They hated him because he told the truth.

I like being able to praise the salty Boomers who hate hippies too.

The implosion of smug socialist desk jockey’s “pension pot” will bring joy to both our hearts.

No such thing as blue chip, crybabies.

The collusion of Gov and Biz alone should be a NOOOOOPE, HELL NO.

Here we have an application of one of my rules of life:

If a socialist encourages you to do it, it’s probably bad for you.

With the central bank pressure, multicultural societies are being changed into Third World countries, by living standard. Chug your cockroach ‘milk’ and eat your vegetable oil ‘burger’. They’ve been selling you ‘junk food’, called as much, for years and you’ll eat this too. Hey, if you wanted a melting pot, don’t taste it – that’s shit soup. Put whatever else you want in there, you’ll still only taste the shit.

Libertarians, try tasting your own soup, son!

They planned 50s spending habits forever – with 50s families, and 50s national IQ, and 50s infrastructure… bubble of everything indeed. Do you really think the Coca Cola of now is worth so much more than in 1952?

Fun fact: on the insurance forms, this LA climate thing will be legally recorded as an Act of God.

NHS ruin

https://www.nursingtimes.net/news/professional-regulation/overseas-nurses-now-able-to-work-in-uk-straight-after-qualifying/7026139.article

The purpose of Brexit was to hire more domestic workers.

https://www.nursingtimes.net/news/education/number-of-nursing-students-in-england-down-by-500-this-year/7026080.article

Train more at home to solve the “problem”.

https://www.nursingtimes.net/news/workforce/uk-government-does-deal-with-jamaica-to-recruit-nurses-for-nhs/7024177.article

Jamaica?
https://www.photius.com/rankings/national_iq_scores_country_ranks.html
IQ average 71.

Meanwhile
“The Department of Health has recorded the rate of repeat abortions for many years, and includes a section on repeat abortions in its annual report on abortion statistics.”
https://www.nursingtimes.net/clinical-archive/womens-health/how-common-are-repeat-abortions/5045092.article

I hope they don’t expect a pension.

Are the ghosts of abortions past going to pay?

https://www.telegraph.co.uk/news/2016/06/14/doubling-in-medics-and-managers-retiring-with-2m-nhs-pension-pot/

Robbing a bank of taxpayer money, it’s so funny.
Little peek a peek:

Click to access NHS_Resource_Accounts_2007-08_.pdf


“The NHS Pension Scheme is an unfunded occupational scheme backed by the Exchequer*, which is open to all NHS employees and employees of other approved organisations.”

We’ll cut them off and they’ll actually be surprised!

Nah fam. Nah*.

I’m sure this won’t end in disaster.

https://en.wikipedia.org/wiki/Intellectual_disability#Intelligence_quotient
“Until the most recent revision of diagnostic standards, an IQ of 70 or below was a primary factor for intellectual disability diagnosis, and IQ scores were used to categorize degrees of intellectual disability.”

https://iq-research.info/en/average-iq-by-country

71. The person holding your life in the balance. 71.

Stay salty.

Government stops subsidizing Buy to Let parasites

http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/12020298/One-in-three-Tory-MPs-own-buy-to-lets-but-theyve-wrecked-it-for-everyone-else-say-landlords.html

It’s an investment. You take on the risk.

They don’t cushion others either.

These socialists (in heart) fail to mention that they aren’t contributing any value to the worker, they want to be the Middle Man, sponging.

Having a house and rent-fixing shouldn’t be an occupation. Pay your fair share, Boomer Guardian readers! (the largest BTLers)

The Government has dealt a second body-blow to private landlords in six months with the announcement that from April 1 next year the stamp duty payable by investors will be thousands of pounds higher.

Landlords declared the change “catastrophic”.

You can’t afford it.

Gravy train has stopped. You’re stifling the property market. They believe they deserve sympathy.

Phil Stewardson aims to buy a property every fortnight.

In 2015 he spent £3.5m on 30 properties, mainly in the West Midlands and Lancashire. “If I spent the same again this year I estimate I’d pay between £70,000 and £100,000 more on stamp duty thanks to this change,” he said.

And he’s whining about money?

The Stewardsons own 150 properties in total, but their accountants reckon they will still be treated as private landlords, rather than institutional investors, for stamp duty purposes.

This is because the exemption is likely to favour either developers that build properties or fund managers who invest on behalf of a wide range of shareholders or institutions.

People that add value? Perish the thought.

Little Piggy on the wall.

“Landlords won’t accept this,” Mr Stewardson said. “Initially they will behave like all businesses and try to pass on increased costs to tenants through higher rents. But many will give notice to tenants and sell up.”

That’s the point.

“The small perk some landlords overlooked in their initial shock at the announcement is that stamp duty paid on the purchase of buy-to-lets can be deducted from the taxable gains made when the property is ultimately sold.”

Oh they noticed but they are parasites. All they wanna do is suck.

Why give up their host?

This comment;

I have no idea how many other people reading this thread have a business outside of BTL. But I am sure you have the same problems as me in that we are heavily regulated, inspection every year, if new regulations and costs come into effect we just get on with it and absorb it best we can.. ITS CALLED RUNNING A BUSINESS!!..

I have never heard such a bunch of cry baby’s as these BTL lot, they have had it their own way for far too long now. They pretend to run a business and yet expect Government to handle every little issue for them, pathetic.

Another person who can do maths;

Institutional money has no interest whatsoever in residential property at these price levels. They’re not interested in build to rent and they are certainly not interested in buying a bunch of unloved ex-BTL properties sprinkled here and there.

This present delusion amongst BTL investors that they are going to be able to sell on to institutional money when they exit without taking a loss doesn’t stack up. …

They are going to sell at a loss.

At the House of Lords Economic Affairs Select Committee in March 2015, not for the first time, Carney referred to BTL as an “investor market” and noted how at the Bank of England they distinguish between the owner-occupier mortgage market and the BTL mortgage market.

To call BTL an investor market is to make clear that the participants in the market are assumed to be big enough and ugly enough to look after themselves. Investment in the hope of a capital gain always involves running the risk of a capital loss.

…A borrow-to-let speculator will be a landlord too, but not all landlords are borrow-to-let speculators….

BTL is now closing in on representing fully 20% of all outstanding mortgages. It’s not just a few harmless dabblers. It is becoming a 500 lb gorilla that eats rent and sh!ts financial instability.

That is why they are going to close it down.

It isn’t a pension.

I’m glad these abysmally stupid yet sociopathic people, creating Generation Rent, will have a terrible winter life.

Link: The middle-age MO of male gold-diggers

http://www.independent.co.uk/life-style/love-sex/reader-dilemma-my-husband-retired-at-51-and-wants-to-piggyback-on-my-salary-while-not-working-should-a6716991.html

Parasites.

superman drinking give up nope

A person’s net worth is their life.

She’s basically slaving away like he’s an unemployed sack of shit. Take him to the cleaners. The decision to retire should be mutual if funds are shared.

The Great Rabbit of Greece

http://www.mercatornet.com/articles/view/the-great-divorce

…As Piers Akerman said “the man responsible for turning around the failed Greek economy has bolted from two nations because they were led by two competent leaders who managed to prevent them going down the path of bankruptcy.”

Blue people badfeels.
He literally skipped the country, twice, to avoid them.

Ominous signs for Greece indeed. This anecdote, while amusing, has a serious side for some in the political class, mainly on the Left, a fundamental denial of economic reality is taking place…..

david tennant 10 lol laughing cracking up

People who don’t know r/K theory are starting to see it.
It’s such a beautiful exemplar of the theory I had to link.

It’s like the Jews abandoning Europe in its time of need, don’t let them back in. They made their choice and we must respect that. Treat them like adults. If you want to be a deserter, fine, but you aren’t welcome back here, it’s where you’re heading and your real country of origin if they’ll take you. I believe this open borders, citizen of the world nonsense is pure r-type, as it holds no consequences, duties or obligations to citizenship, like -I dunno – staying in the bloody country? It’s that, like, the FIRST thing?

Preppers have a very good point, the shit will hit the fan, take a brolly

What you reward, you cause.
If you reward the unproductive people, your economy is screwed.
If you kill off the golden goose, you dipshits deserve to die (financially speaking).

This is what happens when I get bored.

40% of Baby Boomers not saving for retirement

http://www.fundweb.co.uk/news-and-analysis/uk/blackrock-survey-40-of-babyboomers-not-saving-for-retirement/2018097.article

BlackRock’s babyboomer survey has revealed 40 per cent of those aged 55 to 74 have not started to save specifically for retirement yet despite two-thirds of respondents understanding the state pension will not be sufficient.

fury anger hades

…“It’s important that babyboomers think very carefully about how they will sustain their income through a much longer retirement than previous generations. The challenge remains to encourage short-term savers to become long-term investors and what is really concerning is that four in 10 babyoomers haven’t yet started to save for retirement.”…

4/10 haven’t even started.
Of the 6 who have, who wants to bet most aren’t very far along?

No Noooooo are you kidding me wtf are you testing me satan

“Meanwhile, almost one in five babyboomers will take the freedom to invest their money elsewhere, half choosing a cash savings account. What will be crucial here is to make sure they have the right roadmap ahead of them to generate the income they will need.”…

And they blame the Government for not making it appeal.
They’re old enough to retire (or within a decade) and they haven’t done diddly squat.

are you kidding me rn seriously wtf da vincis demons

If you’re young like me, you’re screwed. Boomers have screwed us all over by voting in entitlements for themselves and crushing debt for us. Don’t really bother saving for retirement, it’s gonna get nationalised and confiscated too.

Under 35? No pension for you.

http://www.thisismoney.co.uk/money/pensions/article-2787888/how-state-pension-funded-cash-runs.html

…Cash reserves in the National Insurance Fund have plunged in the past few years and could come up short as soon as next year, forcing the Government to dip into money coming in from general taxation, according to the research.

Baby Boomers need their nudist sex cruises.

The Centre for Policy Studies report warns under-45 they face tax hikes and a later retirement age, and under-35s they can expect the state pension to be scrapped altogether….

Even better, give them a pitying look and smirk no matter what they say.
Oh no who could have foretold such a disaster…
I know exactly what I'm doing, says the INTJ

From the wonderfully titled “The End Should be Nigh“;

Timing aside, with the Fund gone, there would be no justification for HMRC to continue to collect the insurance premium that is NICs.

There is a little good news. A little.

Allow me to draw your attention, dear Reader, to Section 5.4 Fund Exhaustion

…Fund exhaustion, whenever it arises, would be of considerable symbolic significance. It would confirm that even with all the recent cost saving measures (such as sending the SPA into rapid retreat) the forthcoming single-tier State Pension is unsustainable. Either benefits are further watered-down, or Generation Y, [20] in particular, will face rising taxes. This is unreasonable; Generation Y is already faced with unaffordable housing, college debts to repay, fragmented careers and earnings stagnation, and far thinner occupational pensions (DC, not DB, bar the public sector) than their baby boomer parents.[21] It is perhaps no surprise then that the 25-34 years old age group (i.e. core Generation Y) are the least likely to live in households in the top total wealth band. Conversely, only 4% of individuals aged 55-64 years (i.e. baby boomers), and 4% aged 65 or older, live in households in the lowest total wealth band.

[20] = Under-35s.

It gets better.

..In extremis, perhaps we should gradually put an end Corporation Tax altogether, replacing it with consumer taxes?…

crying laughter lmao

Let’s see The Guardian Media Group and its readers evade those, with their lifestyle of conspicuous consumption.
In short, fuck Baby Boomers.  I cannot stress this enough.
If you’re new and think that’s too far or unfair, see Best Post. In short, I refuse to work my arse off until I drop dead so they can spend half their extended lifespan fucking around and spreading STDs on every continent.

They can’t pull the wool over our eyes for much longer.

They’ll starve anyway, idiots failed to not abort have enough children, expecting they could sponge off other people’s – creating a ‘tragedy of the commons’ because everyone had the same ‘bright’ idea and children ARE the original pension plan, after all. They work for you when you cannot. We’ll vote to drop their “entitlements” when we realise en masse how they screwed us on every conceivable front.