Boomers Pension Gravy Train Finally To Be Derailed

Cornucopia

BobQ wrote: »

... Its also the fact that they are not investing enough in a pension. Some cannot afford it, but many choose not to pay towards them.

This really concerns me - the possibility that young people are being talked, and talking themselves out of key life decisions like Pensions and House-buying to their long-term detriment.

It may be dull, but investing in a pension at 25 is so, so much cheaper than leaving it until later in life.

chiefie

Ome things boomers and gen x people can do is use their influence to convince the young to save. Ignore all the adverts that say that phone, big tv, new car, fancy coffee will make you happy because others will then see how cool you are. Turn off your,vs, stop pouting on Facebook and go read a book or two ��

Moby

bobbymotors wrote: »

Yep, never an answer, always envy, jealousy, hate and vitriol.

But that's the left for you, plenty of rhetoric about what's wrong, no credible answers about putting it right.

Nothing changes, except that the left are finished for the foreseeable future.

good job too.

Well I think the figures that have come out this week have proven once and for all that the present sorry excuse for a Govmt had not dealt with the deficit has it! At least own up to that when sounding off about Labours lack of credibility!

Moby

CLAPTON wrote: »

you have to consider the open hatred of the left for democracy and the US & UK
one can see this clearly in Corbyn 'stop the war' coalition which only comments of US/Western bombing but is absolutely silent on Russian bombing and of course on Castro's dictatiorship (Corbyns 'alternative' way)

While Claptons simple view of democracy would see it perfectly acceptable for the people of Cuba to be raped and pillaged year after year by that great shining light the good old USA who turned their country into a den of !!!!! houses and casinos through their puppet Batista....but lets not miss any opportunity to have a pop at Corbyn. Musn't let truth get in the way of bigotry eh:rotfl:
Castro was a dictator but there was a reason he got into power!

Moby

BobQ wrote: »

Where do you get this right wing boomer bubble concept. There are many people who are in the boomer age group who do not have right wing politics, me included. I see no connection between my wealth and my politics. Many boomers have worked hard all their lives and bought a modest house and contributed to an occupational pension. Why castigate them for it?

Many people have paid NI contributions and paid for their state pensions and also contributed to occupational pensions that provide a modest income. Not everyone is retiring on fat cat pensions you know! Even then, most of those with occupational pensions still pay income tax. The problem that younger people have is partly low paid jobs but we need to address this together not by dividing old from young. Its also the fact that they are not investing enough in a pension. Some cannot afford it, but many choose not to pay towards them.

Agree to some extent......but you are ignoring a view around now that the boomer generation is fixing things to favour themselves rather than think of the next generation. We are in different times now.......the next generation may be significantly worse off than that which proceeded it and that is a new factor.

antrobus

Moby wrote: »

Well I think the figures that have come out this week have proven once and for all that the present sorry excuse for a Govmt had not dealt with the deficit has it! ...

You want more austerity?

Moby wrote: »

...At least own up to that when sounding off about Labours lack of credibility!

..don't vote Labour then, they've been complaining we've had too much.:)

Cornucopia

Moby wrote: »

Agree to some extent......but you are ignoring a view around now that the boomer generation is fixing things to favour themselves rather than think of the next generation.

It still remains unclear pages in to the latest of more than a few of these threads what the mechanism for that is alleged to be.

It's all very well young people having such a "view", but if it lacks any credibility outside of a few cases of parental "tough love" and a general feeling of despondency, it (a) doesn't count for very much and (b) isn't going to get fixed.

We are in different times now.......the next generation may be significantly worse off than that which proceeded it and that is a new factor.

There is no rule that says that each generation will be wealthier than the one that precedes it. In fact, if we follow Green economics, it cannot be that way - it is not sustainable.

What I don't understand, though, is how we get from individual cases where people feel themselves to be hard done by relative to an older generation, to the conclusion that the entirety of the millennial generation is systematically being conspired against. Personally, I sense some left-wing meddling in the mix - that is already resulting in genuine harm, albeit mainly virtually - and to that extent it is highly irresponsible.

CLAPTON

Moby wrote: »

While Claptons simple view of democracy would see it perfectly acceptable for the people of Cuba to be raped and pillaged year after year by that great shining light the good old USA who turned their country into a den of !!!!! houses and casinos through their puppet Batista....but lets not miss any opportunity to have a pop at Corbyn. Musn't let truth get in the way of bigotry eh:rotfl:
Castro was a dictator but there was a reason he got into power!

Cuba was a corrupt state before Castro
China wasn't very nice before Mao
Russia was a autocratic state before communism
Cambodia was in a poor state before PolPot

Naturally I wouldn't have supported any of them but unlike the current labour leadership, I didn't support the corrupt dictatorships that followed : OK you did, that's your choice. Don't let truth get in the way of your devotion to dictatorship and mass murder (not in the case of Cuba fortunately) in the cause of the communist state.

TrickyTree83

I propose the immediate launching of a nuclear strike on the United States. The Cuban people are prepared to sacrifice themselves for the cause of the destruction of imperialism and the victory of world revolution.

As quoted in "Castro Wanted a Nuclear Strike" in The New York Times (October 23, 1992)

The first thing dictators do is finish free press, to establish censorship. There is no doubt that a free press is the first enemy of dictatorship.

"[The Kremlin] should launch a pre-emptive strike against the US"

- Quote attributed to Castro during the 1962 Cuban Missile crisis in the memoirs of former Soviet premier Nikita Khrushchev.

And this guy was nominated for the Nobel Peace Prize in 2001 for his work on behalf of developing nations?!

“I think that a man should not live beyond the age when he begins to deteriorate, when the flame that lighted the brightest moment of his life has weakened.”

And on a man such as this, Jean-Claude Junker said:

With the death of Fidel Castro, the world has lost a man who was a hero for many. He changed the course of his country and his influence reached far beyond. Fidel Castro remains one of the revolutionary figures of the 20th century. His legacy will be judged by history.

And Iran's Supreme Leader Ayatollah Seyed Ali Khamenei looked back on his time with Castro:

https://twitter.com/khamenei_ir/status/802425818349715460?ref_src=twsrc%5Etfw

Our very own Jeremy Corbyn said:

‘Fidel Castro’s death marks the passing of a huge figure of modern history, national independence and 20th century socialism. From building a world class health and education system, to Cuba’s record of international solidarity abroad, Castro’s achievements were many.
For all his flaws, Castro’s support for Angola played a crucial role in bringing an end to Apartheid in South Africa, and he will be remembered both as an internationalist and a champion of social justice.’

And Canada's Justin Trudeau said:

“It is with deep sorrow that I learned today of the death of Cuba’s longest serving President.

“Fidel Castro was a larger than life leader who served his people for almost half a century. A legendary revolutionary and orator, Mr. Castro made significant improvements to the education and healthcare of his island nation.

“While a controversial figure, both Mr. Castro’s supporters and detractors recognized his tremendous dedication and love for the Cuban people who had a deep and lasting affection for “el Comandante”.

“I know my father was very proud to call him a friend and I had the opportunity to meet Fidel when my father passed away. It was also a real honour to meet his three sons and his brother President Ra!l Castro during my recent visit to Cuba.

“On behalf of all Canadians, Sophie and I offer our deepest condolences to the family, friends and many, many supporters of Mr. Castro. We join the people of Cuba today in mourning the loss of this remarkable leader.”

It's a sad time for the world when leaders of political parties (in the West in particular) are paying homage to a Communist dictator.

Cornucopia

There is a tradition (which is, of course, open to criticism) that eulogies for recently-deceased ex-leaders and politicians strike a positive note.