Sunday, September 20, 2015

HI I'M CLAYTON WOULD YOU LIKE PAPER OR PLASTIC

Maybe you're on the bandwagon for keeping that 80y/o acumen sharp by standing them at a digital checkout lane for 8 hours/day. Think of the benefits. You're keeping Clayton happy by giving him something meaningful and putting some change in his pocket. Sounds good doesn't it, but did you ask Clayton. You see, Clayton has a different slant to the phrase use it or loose it. 

Clayton worked as an engineer for a bearing manufacturer that closed down two decades ago and eventually had to strip the retirement benefits by 70% in 2009 when one of their fixed income vehicles defaulted. Clayton saw his promised/guaranteed retirement annuity decrease and found that his cash savings of 400K just couldn't make a return to maintain his mortgage and expenses incurred when his wife was placed in a nursing home. He saw his nest egg of 400K without an interest return become a nest egg of less than 60K this year as he went into his principal to make ends meet over the past 6 years. He began working as a part time employ at a nearby retail outlet 16 hours/week and hired on at a local golf course as a ranger another 16 hours/week. His green fees were part of his ranger job, but his daily golf game with his old buddies had to be cut back to only one round a week. 

You see......zero interest rates saved all of the heavily indebted banks and malinvested Wall Street interests but as Dylan Ratigan famously said there was a price to pay. They were extracting the wealth from savers as interest rates stayed at ZERO and the savers no longer were able to find any vig on their savings unless they entered into a market that anyone with half a brain knew was a ponzi........so they were slowly extracted. Extraction was the price the savers paid to the "recovery". Their family wealth was being sucked dry from them to survive. Its not even that insidious. Its really right in front of your eyes. You're being sucked dry savers so the casino and the greatest game ever created can keep the lights on. So what's left to keep the buying going with the Clayton's of the world. Maybe he can get a full time job at Wally World and make the big time wage. So get to work Clayton and make sure you mop up that spill on aisle 7. 









80 comments:

  1. Is this someone from your experience or just a Getty image? All fine but I disagree with the premise of an 80yr old retired engineer, with 400K in cash and a mortgage? If he was 80 paying a mortgage he probably make poor financial decisions, if he had 400K in savings (aside from pension taken away) he probably didn't. You can't have it both ways, your premise is flawed.
    Cheers
    g

    ReplyDelete
    Replies
    1. you need to turn off Fox news and the Republican establishment news. Get into your Buick and get out into the real world and try opening your eyes. Oh and one more thing DONT BUY GOLD

      Delete
    2. Actually galt there's far too many stories like the one above, you just care not to see them, matter fact go to one of the Senior Meeting's in the Village my Dad lives in and just LISTEN, you're stomach will turn and your heart will break..... and no it's not a Nursing Home either......

      Delete
    3. Hey Galt,

      How many Americans are out of work?
      A) 90 million B)5% stated from the BLS

      How many Americans are on food stamps?
      A) a few old people B) 50 million

      How much is the top .01% worth?
      A)as much as the bottom 90% B) not that much.

      How much interest are your getting on your savings?

      -OH

      Delete
    4. OH,

      Don't bother with facts what they need to do is go talk with the Claytons of the world, listen to their stories, man some food Pantry's and see all the so called leaches and fools that didn't "Plan" correctly...... They won't because they can't handle the truth, its easier to sit behind the computer and chit on the people TELLING THE TRUTH.....

      Delete
    5. Geez Tom, it's so in your face, how many Americans have ZERO savings, how many live paycheck to paycheck? The way it's going, I will never be able to retire and it's not due to poor decision making on my part. This system us so rigged against you it's not even funny.

      -OH

      Delete
    6. Yup I'm sure it was your plan to educate yourself and spend all the money doing it only to be replaced by HB1 visa holders for half the pay..... yeah just like the Detroit Pensioner's that worked their contracts and are now getting 20 cents on the dollar.... Its fkn bizzar out here man and retire hehehehe what's that?

      Delete
  2. His full name is Clayton Fulemeonce.

    ReplyDelete
  3. You didn't answer my question about your premise. And not that it matters but I don't watch fox news, ever.
    Cheers
    g

    ReplyDelete
    Replies
    1. I didn't say he had 400K from a pension taken away......but then WHAT DIFFERENCE DOES IT MAKE?

      https://www.youtube.com/watch?v=Ka0_nz53CcM

      Delete
  4. Galt, you're trying to have a civil, logical, normal conversation with a mentally deranged man. It is not possible, I figured this out a long time ago and deal with him and his lunatic friends accordingly. Notice how you started with a valid question, cordially, and you were immediately met with a hostile response accusing you of being a Fox News watching drone. You cannot have a normal dialogue with these people, so don't bother.

    But I'll answer your question. You are absolutely correct. Anyone with a mortgage at the age of 80 probably made some poor financial decisions and planning along the way. I'm not sure what Kliguy believes Clayton is entitled to, but don't expect any answers. So his wife was put in a nursing home, they didn't have long-term care insurance, and he started to dip into his principle for expenses. So what's the matter Kliguy, life is not fair? Is that it?

    This is just another garbage post without any legit point being made, ranting and raving as you've done the past 7 years.

    ReplyDelete
    Replies
    1. you should know. you read all the best doomer blogs. now get out there and have sum fun.

      Delete
    2. There's a big fat Wally World job waitin' for ya Skippy..........they need good "independent contractors"

      Delete
    3. Skippy, REMEMBER THAT which you just said Putz cause your not going to stay young forever...... Funny thing about life "We Plan & God Laugh's" and that's the truth and if you don't believe in God then try a little poem from Robert Burns, that is if you read.....

      "But, Mousie, thou art no thy lane [you aren't alone]
      In proving foresight may be vain:
      The best laid schemes o' mice an' men
      Gang aft a-gley, [often go awry]
      An' lea'e us nought but grief an' pain,
      For promised joy."

      Jeezz is Karma gonna tear you a huge a$$hole......

      Watta Putz

      Delete
    4. Karma can be a real biatch T........especially for skippy

      Delete
    5. He has no foching clue..... but he's got his plan and Tesla too!

      Delete
  5. He is making a point you dummies. Get a life. Why do you even read this blog if you hate it so much?

    ReplyDelete
    Replies
    1. crypto-satirical and dangling monkeys is a thankless job... ;-)

      Delete
  6. Is Clayton related to fulemetwice? Hehehehe. You have too much fun with these "fules"

    ReplyDelete
    Replies
    1. Hey Inlet ...hheheheeh.....when things are this boring ya gotta have sum fun with the fules.....I just had a first hand report from a big dealer that delivered a 400 oz gold order to sumone 7 years ago that its taking up to 3 months for them to deliver large silver bullion orders to clients.......its getting very close...

      Delete
  7. QE trap...another round of QE: http://news.yahoo.com/video/another-round-qe-really-180900349.html

    ReplyDelete
    Replies
    1. of course they willl sista....they have NO choice

      Delete
  8. now why in the world would you think i drive a buick?

    and you never did answer my question, at 80, or 74 (i re read but stand behind my postulate that the premise is flawed) why would clayton have 400k in cash making nothing and a mortgage that i can only assume was orders of magnitude interest over the return of cash. i mean, he was an engineer right. those guys seem to like numbers.

    cheers,
    g

    ReplyDelete
    Replies
    1. Galt you need to focus on your own needs. What you face ahead will be long road and there will not be answers just questions with more questions. No one here will ask real question that cannot be touched by public. Will you kli. You will not touch that one.

      Delete
    2. Galt kli knows more than he wants to say to public. Make him say what the answer to the question is he will not touch. He knows question and answer but he will not take courage to the real center of his ponzi.

      Delete
    3. Interesting observation Joe but over time I believe this matter has been covered not only by you in the past but by kli as well, there's nothing new here, it only a matter if one wants to see or not see.....

      Delete
    4. Yup, that's what you said and that's why she spends all your money! hehehehehe

      Delete
  9. So, I have a question here. What happened to Shemita? It came and went and nothing happened. Where's the big crash of 2015.75? One week left, guess. Hehehehe.....

    Do we now wait for Latifah? Can she deliver the goods? Or is it all left to the Kondratieff Jubilee to bring us the much awaited mother of all crashes?

    Hehehehe.....hehehehehe......

    ReplyDelete
  10. Hey Inlet, look, Nortel Networks is laying off 3200:

    http://www.networkworld.com/article/2264266/lan-wan/nortel-announces-more-layoffs.html

    Hehehehe.....

    Not as bad as those Microsoft layoffs last week, that was 18,000!

    Hehehehe......

    Got any more senior moments for us, fool? Don't forget to change your diaper before bed, you hear? Hehehehe......

    ReplyDelete
    Replies
    1. Skippy, is that the best you got? Poor putz thinks all is well in Putzville.

      Delete
  11. Here's the real threat and something we don't discuss here, what the true believers ignore and only 15 years to accomplish: http://www.armstrongeconomics.com/archives/37314
    If you don't believe this, anon, please see the UN website for Agenda 2030...
    easy peasy if they control the currency.

    ReplyDelete
  12. Yup Sis Adgenda 21 and the aforementioned is no longer fodder for the Tin Foil Hat Crowd.... It real, it happening and most folks don't realize its happening in their very own communities.....

    ReplyDelete
    Replies
    1. Yes, and nary a peep from the Skip. Our community is totally and completely different than even 1 year ago.

      Delete
    2. Indeed, if you pay attention you can see demographic's change in neighborhood in a period of a few years when it used to take a generation for a neighborhood to turn over..... The latest up by me is HUD financed High Density Housing built around Mass Transit (LIRR) with the emphasis being Pedestrian/Mass Trans dependent... You'll find that objective in Agenda 21 as a means of controlling population and all this is being done while LI has an over abundance of Zombie Homes......

      Delete
  13. remember this post a few weeks ago........well 360 failed.....now its time to pay the bear....the bull trap was set when it crossed 360 and was rejected a day later......

    http://stockcharts.com/h-sc/ui?s=IBB&p=D&yr=1&mn=0&dy=0&id=p06589539663&a=423065644&listNum=1

    ReplyDelete
    Replies
    1. New resistance will become 330 if 290 deflects this falling knife. Then 250 will come into play very rapidly

      http://stockcharts.com/h-sc/ui?s=IBB&p=D&yr=1&mn=0&dy=0&id=p06589539663&a=423065644&listNum=1

      Delete
  14. 2 many gaps today kli with no bds even more than 3 weeks ago if they cant hit bds that means liqdty is neg now watch close tday if this keeps up will drop into close hard

    ReplyDelete
  15. 1820 is the mark set for QE 4 announcement they want to turn it there for maximum effect.

    ReplyDelete
    Replies
    1. I don't know how you and ANON know this, but very helpful. Many thanks.

      Delete
    2. Sister, If you check on past performance You would know that they don't know ship.
      Kindle.

      Delete
    3. we're still waiting for your "performance"

      Delete
    4. Go see a REAL Doctor Kliguy.... You are one sick MF. JMO
      Kindle He Knows

      Delete
    5. Calling the kettle black are we Kindle..... hehehehe

      Delete
    6. Tom, Not really He tells us this and that is going to happen like 1820 starts QE 4 He is almost always wrong...He thinks he is some kind of God..He's been wrong forever.. Him and this Joe guy they know it all...Bullshit they don't know what happened yesterday much less 1 month from now..No one knows the future, no one. Kindle He Knows

      Delete
    7. No Kindle, I believe you just don't like what they're saying, frankly neither do I but it's reality, just like we're losing 2-3 minutes of daylight each day, I don't like it but again it's reality. They're telling you whats right in front of your eyes, you're just unwilling to accept it nor are you willing to see it.

      Delete
    8. Bullshit, I know whats going on in the World..Do I except it ? I don't like it but I don't go around and tell every one whats going to happen because I don't know for sure and since they have been wrong for years and years what would make you believe they do?

      Delete
    9. You do? Hehehehe Maybe you do, I dunno but from what I've seen at least around here you choose to mock rather then add to the conversation. Tell me you've been a lurker for quiet some time, where have they been wrong? Find me something that Joe has spoke about over the years, that hasn't come to pass.... I'm not talking about stock picks but world events and with his picks he was pretty foching good, cept FCELL hehehehe..... He might be a bit eccentric and talk in circles but if you've ever took the time to look where he told you to go you would have found he was right.... Where has Kli been wrong? Other then the miner call BAHWAAAAAAAA and guess who warned us hehehehe anyway tell me where.... If it weren't for the Fed & Others with all the BS manipulation we'd be right about where he predicted, thank God we're not... Now no one can be certain about the future positively but using history as a guide, as it always repeats itself, you can get a pretty good idea where we're going and we're on our way, like it or not.......... Does the History of Rome ring a bell?

      Delete
  16. 91 Year Old Legend Richard Russell Warns People To Be Completely Out Of The Stock Market While Fed Manipulation Continues;

    http://kingworldnews.com/91-year-old-legend-richard-russell-warns-people-to-be-completely-out-of-the-stock-market/

    Hehehehe......

    ReplyDelete
  17. One of the fun activities we can partake in this blog is to revisit the predictions and forecasts of the assorted lunatics from time to time. Kliguy is in a league of his own in this regard, having predicted 0 of the past 12 market crashes since 2009, numerous "metals and miners to the moon" calls during a 4+ year bear market in that sector, and other missed items ranging from pandemics to wars to other disasters that never materialized. It's truly remarkable to be DEAD WRONG on everything for 7 years, and not even match the track record of a broken clock which is right twice a day.

    Hehehehe......

    But today, we will turn our attention to a special kind of fool. Inlet, the brain-damaged putz whose primary expertise is giving us old news and try to pass it off as new news (my bet is on senior moments, hehehehehe....) has been yapping about Shemitah, jubilee, blood moons, cycles and other garbage for years. Shemitah is the one he has particularly focused on as the big event that will bring about market mayhem. So, it's only fair to ask why Shemitah came and went, and nothing happened.

    This is what happens when religious nutters try to predict the future and put specific times and dates on things. So, take your medz and then tells us whether Latifah will be responsible for the upcoming collapse.

    Hehehehe......hehehehehe......

    ReplyDelete
    Replies
    1. Skippy stop whining and get back to work washing those dishes. The only thing worse than a whiney contractor is a stupid whiney contractor. How is that model TELSA holding up? You making any coins with your ICondom business?

      Hehehehe - you give stupid a bad rep.

      Delete
    2. i think skippy likes you even more than tom or i.........he really is just a kid lookin' for sumone to like him......hehehehhe

      Delete
  18. Hey Skippy,

    Same Ole Song, Same Ole Dance...... Time to put on some Big Boy Underpants.....

    Yawn........

    Putz

    ReplyDelete
  19. http://www.zerohedge.com/news/2015-09-23/bill-gross-latest-mainstream-america-being-slowly-cooked-alive

    ReplyDelete
    Replies
    1. Exactly why did it take this genius 7 years to figure this out???

      Delete
    2. Not that you need me to tell y'a but the Frog's have been simmering for the past 40 years, they just turned up the heat the last 10......

      Delete
    3. alas......so many frogs and so little time......;-)

      Delete
  20. Fear mongering in Europe is off the charts again over this vote for freedom in Catalona. Predictions of chaos and a failed state if the vote is Yes. Same media lies as Scotland vote. Claims all pensions will be cancelled, all public employees fired, bank closings, all industry fleeing the new state.

    If it is a yes vote, then Brussels will need to punish them with vigor. Jack

    But, with millions of migrants now moving out across Africa and the Middle East, intent on getting into the EU before winter proper hits, I expect the Brussels Parliament to face bigger problems than a split in Spain.

    Plus, Spain may undergo a NATO inspired Military Coup if the vote is yes. CIA is all over the ground there, and Spain's military is basically commanded by CIA agents. You see, the US wastes no time anymore. Instead of influencing militaries, they simply run them from Washington. The UK military is owned and managed from Washington, only thing the UK gets is the right to pay for the US force.

    ReplyDelete
  21. http://www.barnhardt.biz/2015/09/14/there-must-be-a-reckoning/

    ReplyDelete
    Replies
    1. Ann forgot to pay the protection racket when she decided on "Goning Galt" . Using the Bible selectively can causes problems in day to day living.

      "Render unto Caesar the things that are Caesar's, and unto God the things that are God's" Mark 12:17

      http://www.barnhardt.biz/about/

      A little relaxing and 420 down in Colorado is not a bad thing.

      Delete
    2. You can't just look at the 5 day with looking at the 2 year.
      But look at what happened when that guy posted about 911 and 539000 of his followers
      were all over him, a lot of people seem to have selective reality syndrome.

      -OH

      Delete
  22. Its all good, all good......

    http://www.zerohedge.com/news/2015-09-24/durable-goods-orders-drop-most-march-shipments-tumble

    ReplyDelete
  23. Hmmmmm.....

    http://www.armstrongeconomics.com/archives/37443

    ReplyDelete
    Replies
    1. Makes Spain look like a walk in the park...VW now DB? According to him, it's imminent.
      Nice moves in the PMs but Janet speaking at 5 PM so watch for a decline for the rest of the day.

      Delete
    2. Interestingly Glencore ...the "miner" is a tempest
      That will spill out out of the tea cup.

      Sheeps.

      Delete
  24. Notice how the old fools never directly answer any questions when confronted about their bogus predictions.

    Hehehehehe......

    Watch out for that Shemitah, she's about to do some serious damage.

    Hehehehe...,

    Oh, and those Microsoft layoffs last week, that was bad, but not as bad as this crash of 2015.75 that we are currently witnessing.

    Hehehehe.....

    Careful there Inlet, one more congestive brain failure, and who knows what may happen after that. Hehehehe......hehehehehe......

    ReplyDelete
  25. InletAugust 27, 2015 at 11:10 AM
    Jonathan Cahn's stunning revelation of The Mystery of the Shemitah lies behind everything from the greatest stock market crashes in Wall Street history, global cataclysms, World War I, World War II, the rise and fall of great powers, the collapse of empires, the atomic age, the cold war, 9/11, even the rise of America, and a warning of its fall. It even holds the key to what the future has in store.


    Hehehehe......hehehehehe.....love it when religious nutjobs start predicting the future.

    Who's the dumbest of them all? Still has to be Tom because this fool has a brain the size of a raisin, which only gives him the ability to copy and paste links, not one original thought of his own otherwise.

    'Ol Tom, you are one dumbfuk moron, that is for damn sure.

    Hehehehe...,,

    ReplyDelete
    Replies
    1. here is your version of reality and what your master thinks of it


      “The road to central bankers’ hell may be paved with good intentions." Goldman Sachs paper today

      Delete
    2. Skippy, I made no predictions but merely posted information by Cahn for rational viewers of this blog. They should do their own research of the subject.

      You are claiming that Cahn is wrong because we did not have the end of the world in one day. Putz, did WWII happen in one day? Did this faux Bull You have been claiming for years happen in one day all happen in one day? Your reasoning ability compared to a monkey is sorely lacking.

      As I understood Cahn's message that was to be the start not the end of a challenging period.

      BTW putz I will tell you about CAT in a couple of years. All is well at CAT. Hehehehe

      Delete
    3. Gotta love it - Putz getting all upset and going ape chit. LOL LOL

      Delete
    4. wait till skippy gets his karma margin cal

      Delete
  26. Hehehehe Skippy,

    Seems the Institution you're staying at only allows you internet privileges once a day..... So many thoughts, so little time....

    Putz

    ReplyDelete
    Replies
    1. It is the mental ward. As part of Putz's therapy they let him on the internet for about an hour a day if he keeps the language within bounds. It is all good skippy. Take your meds and calm down and they will give you Net time tomorrow.

      Hehehehehe

      Delete
  27. Sis,

    They seem rather "civilized" down by you hehehehehe

    http://www.breitbart.com/video/2015/09/24/watch-brawl-erupts-at-charlotte-wal-mart/

    Wally World always brings out the best in people!

    ReplyDelete
  28. Yep, saw that.
    Poor Janet couldn't continue with her written BS yesterday. Another weird day--closing below 16280 on the Dow=revisit the Aug. lows per Armstrong. Mission accomplished.

    ReplyDelete
    Replies
    1. Hehehehehe I guess the script is even making her sick!

      Delete
  29. Don't read this Skippy, just don't.......

    http://www.zerohedge.com/news/2015-09-25/shorting-federal-reserve

    ReplyDelete
  30. biotech now in confirmed bear market as broadcast by CNBS......now ya tell the suckers....gl all this day was a horrific blow to anyone with half a brain. big failure on all metrics.........gl me Darth Vader

    ReplyDelete
  31. cannot watch many of my you tubes AJ and others anyone else having problems

    ReplyDelete