Wednesday, January 09, 2019

AUSTRALIANS; SUPER IS REALLY A CON..


AUSTRALIANS; SUPER IS REALLY A CON...It is the govt giving insurance companies the right to sell finance programmes on a commission. . There is no guarantee they wouldn't put the whole lot on the stock exchange and lose it in a cyclical crash...It should be spread between stock, currency and real estate to spread the risk but it is a private option not a govt order...In canada they have a cpp and employment insurance but the govt backs it and guarantees it not capitalist insurance companies who only care about the commissions like a stock broker, THAT IS WHAT SUPER SHOULD BE NOT PRIVATE INSURANCE COMPANIES WHO ARE ALL SCUMBAGS LIKE BANKS.THE average person has 125 k in super 1k a month for 124 months...The LNP say aged pension is like old people dole...However it comes out of general revenue taxes paid by a person over their entire lifetimes...it is not free money from the govt ...it is about truth not differences in philosophy..Even the canadians have invested cpp into an indian project or bank or something, which is a risk but it is guaranteed by the govts general revenue...the LNP has been a TRUMPITE CAPITALIST CON ALL ALONG...He wants to privatise social security in the usa...make it like aussie super...So scum insurance companies have all commissions and no end risk..nationalise SUPER AND GIVE PEOPLE A DECENT PENSION AND CUT OUT THE INSURANCE COMPANIES WHICH ARE BASICALLY EVIL AND GREEDY. I WORKED AS AN INDIVIDUAL MOST OF MY LIFE WO WAS NOT ALLOWED TO PAY INTO CPP...SO REAL ESTATE WAS THE ONLY ALTERNATIVE ALSO A RISK...LABOR HAS TO CHANGE THE WHOLE STRUCTURE OF GOVT TO A SOCIALIST MODEL....T The govt of Australia who go to an election 14% behind Labor Party have promised to lend Trump the superannuation fund collected on behalf of all Australians...It won't happen of course as they will lose the next election heavily..and super will go under govt control...So trump is looking around the world for money apparently....The fund is worth 2.7 trillion dollars...

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