Because the cost of generous government retirement packages has grown faster than existing government revenues can sustain, property taxes continue to climb.
Poster Comment:
Twelve years ago a fire dept lieutenant's retirement in Vallejo, Ca. pay was $215,000 a year. More today.
#1: Lod To: Horse (#0)
That is too facile and stupid for words.
Lod posted on 2021-09-04 14:59:09 Reply Private Reply
#2: BTP Holdings To: Horse (#0)
I know a guy who was a Chicago Fire Department Captain. He is retired now and living in Lake Station, Indiana.
He had a crush on this girl in High School. She recently lost her husband in Arizona and moved across the country and into the place he lives now. ;)
BTP Holdings posted on 2021-09-04 19:43:18 Reply Private Reply
#3: BTP Holdings To: Lod (#1)
Of course it is.
The Federal Reserve will simply pay for the cost of printing more Notes and then loan them to the U.S. Government at face value plus interest.
Since the FED was founded in 1914, depending on which site you look at, the Dollar has lost 92% to 98% of its value.
And you wonder why Andrew Jackson call the banksters a "den of vipers and thieves". ;)
BTP Holdings posted on 2021-09-04 19:48:43 Reply Private Reply
#4: Dakmar To: Lod, Horse, BTP Holdings (#1)
Dakmar posted on 2021-09-04 19:55:54 Reply Private Reply