This worries me more than any other issue. I dont stay up late at night or anything....but it worries me.

I saw this guy on 60 minutes when it originally aired. I wonder what he would say about the Bear Stearns meltdown this weekend. Voters in America will vote for the person who says what they want to hear, even if, “The government will pay everything for you!” doesn’t make any sense when the only money they have is what they take from you. There seems to be a feeling that the ‘other guy’ will pay more than I will, especially, the RICH other guy. That just isn’t reality folks.
There are many reasons we are in this financial situation, and by the way, if you don’t think we are in any kind of a bad financial situation, don’t respond to this post! You are too stupid to breathe without written instructions and I don’t want to lower my IQ arguing with you. First of all, we have been electing a bunch of globalists, most of whom are very old, very rich, and very white and who don’t give a rats ass that they are lowering America to a level that will make it more like the shittier third world countries. In their view, this will equalize us to the rest of the world. They see this as a positive because they believe that eventually we will evolve into a one world situation. Only the rich hate the middle class. It costs more money to employ them and they are not as easily controlled. I've always said that keeping people poor, fed and stupid and they will never rise against you. How can they?

I saw Treasury Secretary Paulson on several shows this weekend and to say the least, he was not confidence inspiring. WHAT A DOORKNOB! This empty suit just sat and regurgitated platitudes such as, “Our greatest interest is the stability of the economy” and “We will take action to promote policies to stabilize the economy” but he never would say anything more in depth than that. The idea I got from watching this guy is that either he is really stupid and doesn’t have a clue or he knows that we are about to face the worst financial collapse in a century and is trying desperately to click his heels and make it go away.

We are not all to blame for this. There are voters who want a lot of something for nothing and politicians who are trying like hell to give it to them and then there is the green party. I’m not talking about tree huggers, I’m talking about the elite financial class who are getting stinking rich off this mess and will end up leaving the country when the banks crash and living the short rest of their fat-assed bald headed lives on the coast of Aruba while the American working man is struggling to support a family. The very same financial institutions who are going under were paying bonuses in the tens of millions just a year ago. There are those of us who have been crying wolf, but evidently, crying wolf doesn't seem to bother anyone until the wolf is actually done eating the carcas.

I know it's a wacky thought but wouldn't not spending Trillions of dollars on blowing shit up help your economy?

I mean ours is fucked because of our simple 'Do whatever the Americans do' economic policy we've been following since the 80's.

Simon - it's nowhere as stupid as spending three times as much paying people to retire at age 62 when they are going to live to 90.

Look at it this way - the people we are blowing up NEED to be blown up so that they don't cause greater strife in the future. Think how much better the world would be now if we'd flattened Germany when Hitler annexed the Sudetenland, and flattened Japan before the rape of Nanking.

Blowing shit up isn't the problem.

Telling people that they can spend 15-20 years getting an education (much of it at taxpayer expense), work for 30-40 years, and then retire and live another 40 years, again partly at taxpayer expense is insane.

And finally, borrowing against your grandchildren's future earnings is inherently stupid if you refuse to produce offspring yourself.

Once again (do I sound like a broken record yet?) personal responsibility is the key here. I was in debt to the tune of $25K, with seemingly no way out. I hooked up with a debt consolidator, started making a monthly payment I could manage, cut up all but 1 of my credit cards (which I didn't use, except in cases of emergencies, which were very few) and got my ass out of debt in less than 5 years. It was amazing how freeing that feeling was when I made the last payment! I didn't look for or expect a hand out; I took it upon myself to suck it up and deal. The personal satisfaction I get from having money in a 401k, a personal savings account, and close to sterling credit now is second to none. I don't know why other people think it's such a burden to be responsible for themselves. Beats being overwhelmed by debt and being in denial by a long shot. YMMV

Walker says we're not going to have anything left for defense if we keep spending like this.

This is a topic I dont discuss very often with my family. My parents generation gets all huffy about "just getting whats mine after all I put in" and no matter how you phrase the fact that when they are in mid-retirement the ratio of worker paying in to number of retirees and others living off the public teat will not in any way shape or form be large enough to cover it.

They do not understand that demographics is destiny. They just blink beligerently when I tell them either bennies get cut, means testing instituted, health care rationed or my taxes shoot up to a astronomically crushing level. sigh.

Oh, and regarding Da Bear, rumors are kicking around that billionaire Joe lewis is going to fight this "sale" and rally shareholders to vote no. I hope he does it. I would love to see the look on Bernankes face if he succeeds. ah, i am eeeeviiiiil. Sometimes.

I'm sorry but blowing shit up is always a problem. In fact my choice to refer to it as such is a problem because it belittles the fact that a large amount of money is being spent to kill people and make the rest of the people really really angry at the USA and UK.

And it's money that quite frankly neither country has. As a Brit I've grown up with the idea of nationalised health care and such like. I've also seen the national pension get eviscerated and really don't expect it to help me out.

But I really don't see how invading Iraq was required, except of course to ensure the supplies of oil are controlled until we think of a way to get out of that issue. Personally I'd be happier if they just came out and said "Look the oil's running out, stop bloody buying SUV's and we'll stop invading places."

Arrgh. I'm getting all depressed again. Ho hum.

Looks like we are turning out more like the Romans. Suit-up and get ready for conquest. We are going to have to continue the Ponzy scheme with more claims of WMD's and terrorist regimes - because what American is going to give up their latte addiction?!?! Idiocracy!

Side note, my Dad's 63 worked all his life and now lives in France were he runs a B&B and is putting aside money for when he can't do that any more.

Just to show not all Baby Boomers are that bad.

Actually there's a real problem with blowing shit up becasue we're actually blowing things up on credit.

We've spent untold billions on the Iraq war without ever bothering to increase taxes to pay for it (that's not even mentioning the massive uselessness of the whole endevor). Not even the Bush handout to the uber-Rich. At least "Tax and Spend Democracts" know that you need to tax before you spend. I'd rather have that the buying everything on credit.

Somebody needs to send a massive audit team to Congress and any time anyone in Congress suggests an earmark or a new program, ask "And just how do you suppose we pay for it?"

That was kind of my original point. I find it funny that you guys have this issue with Social Security while heavily overextended in two wars and your economy turning to crap because of the really greedy bastards on Wall Street.

From age 14, the date at which we first obtained working papers, to the day we retired, the government took some 12% of every cent my wife and I ever earned. The implicit promise... that upon retirement, we would receive a monthly stipend. In our case, that government generosity works out to roughly $16,000 a year - enough to pay property tax, and utilities, with a bit left over to put toward our health insurance.

Had that money been invested at a moderate 5%, in theory, we would have a tidy nest egg and quite likely, no need for Social Security. It was not. Our money went to pay for your grandparents retirement, just as your money now goes to pay ours.

You will never find my wife and I agitating for increased benefits, but I make no apology for cashing the checks we currently receive.

Iraq war cost here, by Linda Blimes, a former assistant secretary of commerce who teaches public finance at the Harvard Kennedy School:

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/03/16/another_year_another_300_billion/?page=full

Perhaps most painful to consider is the opportunity cost: the money spent on the war could have fixed Social Security for the next 75 years or provided health insurance to all American children. As we enter the sixth year of combat, the public is entitled to know what the war is costing. The cash cost of each month we continue in Iraq is $12 billion - but the full cost is easily double that at around $25 billion. For $300 billion a year the question is whether the best use of that money is to keep our troops stationed in Iraq for years to come.

Is her math right?

Dave

I have no problem with people receiving the benefits that are on the books. I understand. honest. I really wish we could provide all of it forever and ever. It is just that it willnot be sustainable. period. The large demographic population of the boomers made the promises created for my grandparents generation possible. There ARE NOT ENOUGH WORKERS in my generation to even remotely sustain the promises mad e to your generation. The only way that will happen is if all immigration is made legal and lots of new taxes get sucked from their blood, which I believe is why many in congress are pushing for a new amnesty bill. prop up SS, medicare/caid and the housing bubble in one fell swoop.

One of the fed muckety mucks, cant remember offhand if it was greenie or bernanke (I will google in a bit) did say that Soc Sec PAYMENTS will always be made by the govt but that they will not gaurantee the VALUE of those payments vs inflation and purchasing power.

Something will give someway,sometime,somehow and I am not looking forward to eco-generational war.

I shoulda bought gold in 2001 when it was $250/ounce (now $1000/ounce)...the value is constant where as my dollars sitting my 401k, Roth IRA and high-yield savings account are not. I'm saving for a future when I should probably start hoarding shit to barter for medical services and building a farm in rural areas so I can sustain a life when the inevitable comes and the fools in D.C are all scratching their heads in confusion.

There's always prostitution.

Holy Jesus.

For $300 billion a year the government could have made us all millionaires. Cured a few diseases. Get the mentally ill off the streets and into clean, safe centers. Cut taxes. Increased transportation subsidies and fix the fucking potholes which make owning a car in MA that much more expensive. Fund scientific research and the arts.

For $300 billion/year we could have a fucking utopia over here.

Maybe it's time to go back to our roots:
http://www.wilderness-survival.net/
http://www.ar15.com/content/manuals/FM21-76_SurvivalManual.pdf

Actually, whether you take into account the war or not, well we weren't in the best fiscal position THEN either. The war hasn't helped finances, that is true, but the military is not a for profit enterprise, so it never will either, war or no war training exercises, equipment, etc. it all costs money.

The real problem here lies with simple math that should have been done a decade or so ago.

When Social security was enacted, there were 4-5 people putting in, to every 1 that would be taking money out. Every person putting in, would do so for forty years or so, and retire at 65. When it was invented, that meant that the person who was pulling out of the system, would not likely get to pull out for more than 5 years, IF THAT. So 40 years of work equaled 5 years of government leisure.

NOW, there are between 2-3 people putting in, to every 1 taking out, and that 1 who retires at 65 can NOW expect to live to 90, with his or her probable lifespan likely to rise even higher as he ages. So that 40 some years of putting in, now means almost 30 years of payouts. And that is just in social security. The burden of medical care is at least as bad.

Robert, I have heard many times that the actual number of contributors to SS at the start was 16 or 17 to one recipient. YMMV. But your point is well taken. The problem is that whenever anyone starts talking about ways to fix the system, some people start screaming about losing their benefits. That isn't going to happen, but we have to start accepting that individual accounts are the only way to go. The dirty little secret about SS is that it is really a wealth transfer program. Many of the people collecting it put little or nothing into it. That's the glitch that politicians don't want to deal with, telling people they actually have to earn something in order to get a benefit. Many people believe that importing millions of immigrants will prop up the system but they are dead wrong. Just look at how well that has worked over the last twenty years. We probably have 20 to 30 million mexicans living here and most of them don't pay jack shit in taxes. They work under the table. Even the ones who contribute to SS by using a TIN and filing taxes can get more than that back at the end of the year through EIC. They also have an average of close to thirty thousand dollars a year per person in costs for education, welfare, medical care and other social benefits from state, local and federal government. They are never going to prop us SS, they are soaking us into bankruptcy now. I would have loved to have an individual SS account but as it turns out, being a retired military person, I will not collect SS anyway even though I have paid into it my whole working life. It gets deducted from my pension so it's a total wash. Yet, a mexican can bring his grandpa up here and not even being a citizen, apply for and get SS due to any number of loopholes. And they do! SS even advertises for people to put in claims, IN MEXICO!

Bringing in millions of poor, uneducated people to prop up a failing public support system is like fucking for virginity.

Look, Simon, I realize that you Euros don't understand that someone's gotta blow shit up in the middle east before they get the ability to blow shit up elsewhere. I mean, you guys don't really consider Islam to be a threat anyhow. You do realize that by the time Iran has refined enough Uranium they will be able to nuke Paris, right? And there's no "mutually assured destruction" scenario when you're up against a death cult. The war in Iraq (in fact the entire middle east) is necessary because we've been sucking islamic dick for so long that they think they're actually in charge and they are want to start dictating terms.

Flighty - I wouldn't expect a Democrat to understand this, but the Bush tax cuts led to a net INCREASE in federal revenue. Tax increases tend to reduce federal revenue as those who would pay taxes take their money out of the economy so that they don't lose so much of it. There is some floor limit below which reducing taxes will reduce revenue. We haven't hit it yet.

Robert hit it right on the head. When SS was originally enacted, most people died before the retirement age that was set. Now, most people live fully one third of their lifespans after that same retirement age. To make SS solvent again, the retirement age would need to be raised to 80 or 85.

You wanna see the old farts revolt? Tell all the 65 year old boomers that they've gotta work another 15 years.

"You wanna see the old farts revolt? Tell all the 65 year old boomers that they've gotta work another 15 years."

Cry me a river. This 38-year-old already knows she's going to have to work until at least age 75.

> Tell all the 65 year old boomers
> that they've gotta work another
> 15 years

Wanna see an even bigger explosion? Tell all the 37-year-old Gen X'ers that they'll be expected to hire these ass-dragging, expensively-medicated boomers.

Crid - that's why I love being a one-man show.

No boss. No employees.

And I long ago gave up any illusion of retiring. I didn't start filling up a 401(k) at the age of 22, I'm not putting every penny I make beyond the barest cost of living into my IRA, and there's no reason to expect that by 70 or even 80 I'll have sufficient assets (even if I manage to end up at 5 million) to live off the interest.

The problem with that is who the hell is gonna want to do business with an 80 year old geek?

A few things we can do:
-Social Security, put a cap on who can actually collect the benefits based on income. SS is not there so that elderly people can buy little coats for their dogs. It is there so that old people do not need to eat dog food. Those that want to use the arguement "I paid into it for 40 years..." need to realize that they need to be dead in 4.

America decide that it no longer wants to be the world's superpower and return to an isolationist doctrine. Close the American bases overseas that cost billions to keep operating (as a rough estimate it costs about $20,000 more per year to keep a single E-5 in the UK than stateside) Europe is stable, that was what the European Union was designed to do. They don't need us to "keep the peace" so it's about time for Washington to stop taking money out of the American economy (via taxes) and throwing it into a foreign economy. Japan can take care of herself, we don't need to keep troops there anymore either.
Turn the middle east to glass. You can drill through glass for oil.

My blood powered car would solve this problem and free us from our risky foreign oil dependency.

SOYLENT GREEN IS PEOPLE!

I dont see why we dont institute some sort of Logans run senario

When you get to damn old to enjoy life just kill yourself. I really dont get why a populas so convinced they are destined for a utopian afterlife under the care of a loving and forgiving god are so fucking scared of death, any one care to explain that conundrum?

But you you want a simple solution the the worlds problems?

Nuke the ice caps.

Besides were a hundered thousand years or so overdue for a yellow stone eruption, maybe if we're lucky that will blow before the end of the decade and perhaps the next species to atain sentience wont be so fucking dumb

Well, I can't afford to feed you anymore, so it's got to be scientific experiments for the lot 'o ya.

I'll report to Carousel only if and only if I can order up Jenny Agutter on the telehooker machine.

"iff", that is. No post is too short for a typo, I always say.

"Walker says we have massive entitlement programs we can no longer afford."

Normie says we have a massive war we can no longer afford. Get the heck out of Iraq, and maybe that will keep some 80 year old baby boomer off the street.

Crid is right. The practicality of people working into their eighties is just not reality for most people. How much can your average seventy year old do anyway? They cant lift their ass up out of a chair, you see them rolling around in electric chairs with oxygen bottles and tubes up their nose. This is the reality of people thinking 80 is the new sixty. Hah, try telling that to an eighty year old. The whole thing about people living so much longer is a bunch of horsepussy. While it is true the median age of death has gone up a little, it just isn't what people think it is. Modern medicine is keeping a few walking corpses around making people think we're all going to be outliving our parents by 20 years. Some might, most won't.

I'm with lujlp, when my time comes, I don't think I want to roll around in a chair with shit leaking out of my ass. I don't think that's living. I'll go to the Soylent Green factory and feed a filipino family for a month.

As I have seen bits and pieces of "GAO reports", here and there over the last 15 or so years, I have become convinced that that agency, instead of being bipartisan, is in part actually an arm of the Republican political machine, designed to reduce spending on social programs. Lately they've tried to use it to deny benefits to disabled veterans.

Someone said above, "Tell all the 37-year-old Gen X'ers that they'll be expected to hire these ass-
dragging, expensively-medicated boomers."

Actually, it's a good idea for gen-x'ers to hire baby boomers. That way the gen-x'ers can get some foreknowledge of how THEY will be doing when THEY are old.

The fed cut the prime rate down another .75 of a percent today in a retarded effort to prop up the fat cats on wall street. And all the green party danced around like little girls that just got a new pony. That takes the rate down to 2.25% How many more times do these assholes think they can do this? By my math, it's only three. Once we start getting into a negative interest rate, (which is what Japan tried), the fat lady is tired of singing. Even an idiot can see that everytime they cut, the money goes into the financial market pockets and the next day, the market tanks again. The Fed is trying to take the risk of loss out of investment and they CANNOT possibly do that! And each time they do it, the dollar sinks lower and lower and lower and lower, fuck, when you're in a hole stop diggin(depending on the hole of course). When the great depression hit in '29, it was because of what the government tried to do to stabilize the markets. Most of those things are the exact same things they are doing now. As long as there is a government, morons will have a job.

Global warming, financial meltdowns, Jesus refusing to return because America's military supports homosexual poodle mating --- the liberals need to take responsibility for all of it.

Wait I thought that Jesus wasnt going to return until everyone was being wicked, seems to me the military supporting gay poodle mating would hasten his return - right?

Seems to me the more devout everyone is the further back the apocolypse is pushed, so if you want to see Jesus in your life time folks you need to start live a life of sin. Belive me, its what god wants you to do

Bikerken dont you know the market regulates itself, thats what conservitives are always telling me. Funny how once big business and campaign contributres feel the pinch conservitives fall all over themselves to try and "fix" the economy, dont remeber them working that hard a few years ago when it was only affecting the middle class

it is called privatizing the profits and socializing the losses. I hope they all burn.

lujlp - the market DOES regulate itself. It's when government interferes because it's not politically expedient to let a bunch of morons lose their houses in an election year that the market takes it in the ass.

Bernanke needs to stop trying to save the mortgage industry. There isn't going to be a "soft landing". There's going to be a painful crash and burn.

And the sooner we get it over with, the sooner we heal and move on. Delaying the inevitable will only make it worse when it finally comes.

There is another problem here that hasn't really been considered.

Alright, we've got the boomer who has been putting into Social Security since the get go, now we already covered that the boomer will now live 30 years past the point he was originally thought to, into 80s or 90s, we've got a record number of centenarians now, and we'll probably see more of them.

Someone commented earlier that these people will have to work until they're 85, i.e. raise the retirement age.

HOWEVER, what we're overlooking here, is that we have increased only LIFESPAN. Other things still take their toll, the weakness of old age has not gone by the wayside as the lifespan has gone up, it may be pushed back a little bit, but the 80 year old saying welcome to walmart, is not likely to be in great health, so the question we have to ask, is if we push the retirement age back, what kind of labor market are we expecting these seniors to go to work IN? Will they make enough in that next 15 years before they can retire at 80, that they can live the comfortable life we consider to be the due of hard working Americans? Or will we creating a new sickly and desperate class of poor or even homeless people?

"Or will we creating a new sickly and desperate class of poor or even homeless people?"

Fortunately the Supreme Court upheld the right of Americans to own firearms yesterday (which I think is the only correct interpretation of the Constitution btw).

So don't worry, just look forward to a .45 caliber retirement.

I call it the American Eagle Patriot Liberty Old Glory Retirement Initiative --- sure, you'll leave a bloody mess behind, but someone else will come along and clean it up for you.

The methodology is sound. I believe our government has been following that plan for decades now.

What will happen to the SSS? The voters will decide. Who votes? Old people like me. What will we vote for? Anything that supports us. So you kids keep working, maybe two jobs, no sense in wasting time every evening/weekend watching tv, and SEND YOUR TAX DOLLARS TO ME! In several years I will be the guy at that nice warm beach while you are working.................

You know, I truly belive there are two types of people. Those who do their own thing, and those that are willing to be lead around by the nose and are in essence nothing more than slaves.

Think about it how many people do you know that work in jobs they hate, some to support famillies they claim to despise, or never planned for. How many people are sleep walking thru life working dead end jobs that contribute NOTHING to society. How many jobs in the finacial feild involve nothing beyond trasnfering a bunch of imaginary numbers with an arbitrary value from one account to another?

Why is it so many people cling deperatly to life spending tens of thousands in resorces to keep a body going long after it stops functioning? Especially when those people are the ones who belive they going to some sort of heaven?

Why are so many people content to bury their heads in the sand and refuse to acknowldge the problems around them?

Lujlp
Would you be too stressed out if some of those "finacial feild" workers "trasnfer" some imaginary numbers from your acount to mine?
This would help pay for that neat boat I want to have at my warm beach.

> that's why I love being
> a one-man show. No boss.

Everyone answers to someone.

Yes Crid, that's as may be. But when you've got 20 customers, you can lose one without running out of dinner.

When you've got one boss, it's kinda hard to keep getting paid if he fires you.

Folks, I see a lot of things here, like "fat cats on Wall Street", that suggest that the nature and uses of money are a total mystery.

It is, and to most people.

That gray/green thing in your wallet is not all there is to "money". It's a marker, representing a certain amount of concern you may generate in the mind of another person or group about possessing it. It represents a kind of energy, in that, like energy, money is a measure of the ability to do work, and in getting others inspired to do work. In physics, energy acts on the real world when used independent of human wishes or desires or even ideas. Money, though, is totally dependent on opinion, both private and public.

The cold, hard truth about why money expended in supporting actions in Iraq was and is not used on roads or people in the USA is that there was and is no interest in doing that.

A second truth is that groups of things, like warehouses full of hardware, groups of people arranged in a business and groups of contracts indicating debt are also definable as "currency" in market trade; they are out of the reach of most individuals, and so this makes the bulk of market trade inconceivable, especially to those who have shackled themselves to an hourly wage.

When somebody refers to "greedy bastards on Wall Street", I must remind you that the only way to get wet is to jump in the water; the only legal way to offset how much you pay for a gallon of gas is to quit spending money on gas and buy stock in the companies peddling it. You know your neighbors aren't going to stop driving.

FISCAL WAKE UP TOUR SOLUTION
INVENTION TITLE 12/09/2007

*LEGACY WILL AND TRUST*

A LEGACY WILL AND TRUST CAN:

*ESTABLISH WILLS AND TRUSTS FREE OF CHARGE

*CREATE TAXABLE, NON-EXISTING, NEVER ENDING INCOME STREAM

*PROVIDE INSTANT TAXATION UPON DISBURSEMENT

*REBUILD SOCIAL SECURITY BENEFITS

*REINSTATE BIRTHRIGHTS WITH LEGACY CHECKS

*CREATE FOUNDATION FOR STOCK MARKET BECAUSE PRINCIPLE EARMARKED UNTOUCHABLE

*CREATE PERSONAL LEGACY FOR ALL THAT PARTICIPATE

*FUND SOCIALIZED HEALTH CARE DUE TO 100% OF PATENTED ROYALTIES PAID BY LIFE INSURANCE, FINANCIAL PLANNING AND SPECIALIZED WILL INSTITUTIONS TO ESTABLISH ITS OWN LEGACY TRUST

*CREATE INCOME FOR CHARITIES AND RESEARCH INSTITUTIONS WITHOUT RELYING SOLELY ON DONATIONS OR GOVERNMENT FUNDING

*FEED THE WORLD AND SUPPORT CHRISTIAN MISSIONS

*STOP DRUG ABUSE WITH QUARTERLY SCREENING IN ORDER TO QUALIFY FOR A LEGACY CHECK

*WIN THE HEARTS OF OUR GLOBAL ADVERSARIES

*FUND AND MANDATE HEALTH CARE PREMIUMS FOR INDIVIDUAL HEIRS

*PROVIDE BUYERS FOR THE MANDANTORY SELLERS OF THE 401K PLANS WITHOUT PANIC OF THE ABSOLUTE SELLOFFS AT AGE 70.5

*PROVIDE ASSISTANCE TO SINGLE MOTHERS

*NAVIGATE THROUGH THE PERPETUITY LAWS

*ANSWER THE FISCAL WAKE UP TOUR CHALLENGE

DISCLOSURE:

“WHILE THE PRESENT INVENTION HAS BEEN DESCRIBED IN TERMS OF

SPECIFIC EMBODIMENTS, IT IS TO BE UNDERSTOOD THAT THE INVENTION

IS NOT LIMITED TO THESE DISCLOSED EMBODIMENTS, THIS INVENTION

MAY BE EMBODIED IN MANY DIFFERENT FORMS AND SHOULD NOT BE

CONSTRUED AS LIMITED TO THE EMBODIMENTS SET FORTH HEREIN;

RATHER, THESE EMBODIMENTS ARE PROVIDED BY WAY OF

ILLUSTRATION ONLY AND SO THAT THIS DISCLOSURE WILL BE

THOROUGH, COMPLETE AND WILL FULLY CONVEY THE FULL SCOPE OF

THE INVENTION TO THOSE SKILLED IN THE ART. INDEED, MANY

MODIFICATIONS AND OTHER EMBODIMENTS OF THE INVENTION WILL

COME TO MIND OF THOSE SKILLED IN THE ART TO WHICH THIS INVENTION

PERTAINS, AND WHICH ARE INTENDED TO BE AND ARE COVERED BY BOTH

THIS DISCLOSURE, THE DRAWINGS AND THE CLAIMS.”

PLEASE UNDERSTAND THAT ALL ITEMS UNDERLINED FALL UNDER A SCROLL DOWN PROCESS GIVING THE INDIVIDUAL THE OPTION OF DOLLARS, PERCENTAGES AND LIFE INSURANCE/FINANCIAL INSTITUTIONS.

***LEGACY WILL AND TRUST WEBSITE***

IF THIS IS FOR TRUST PURPOSES ONLY, PROCEED TO STEP 3.

*STEP 1: NAME OF YOUR LIFE INSURANCE COMPANY ABC LIFE (XYZ LIFE, ETC.) IF NO CURRENT LIFE INSURANCE AND YOU WOULD LIKE TO CONTACT AN INSURANCE COMPANY CLICK HERE TO GO TO LIFE INSURANCE LINK FOR FREE QUOTE AND CONSULTATION.

*STEP 2: AT THE TIME OF MY DEATH, PLEASE DISBURSE 50 %(10,20,30,ETC.) OF MY TOTAL DEATH BENEFIT AS IMMEDIATE CASH FUNDS TO THE FOLLOWING BENEFICIARIES:
SPOUSE 50 % (BREAKDOWN OF %’S DEFAULT TO EQUAL 100%)
CHILD 25 %
CHILD 25 %

SPECIAL NOTE: IF A MORE COMPLEX WILL IS NEEDED, IT IS THE RESPONSIBILITY AND EXPENSE OF THE INDIVIDUAL. CLICK HERE IF YOU WISH TO PROCEED TO SPECIALIZED WILL PLANNING LINK.

*STEP 3: THE REMAINING OR TOTAL 50 % (DEFAULT FROM STEP 2 OR 100% IF FOR TRUST PURPOSES ONLY) OF TOTAL BENEFIT IS TO BE PUT IN TRUST WITH ABC FINANCIAL PLANNERS (XYZ FINANCIAL PLANNERS ETC.)

*STEP 4: NAME YOUR LLC - IT WILL APPEAR ON ALL LEGACY CHECKS.
FROM THE ESTATE OF NATHAN J. ISBELL (ALLOW CREATIVITY HERE)

*STEP 5: RE-INVEST 50 %(10,20,30,ETC) AND DISBURSE 50 %(DEFAULT PREVIOUS OPTION EQUAL 100%) OF THE MONTHLY (QUARTERLY,ANNUALLY ETC.) YIELD

*STEP 6: LEGACY CHECKS TO BE DISBURSED AS FOLLOWS:
QUALIFIED RECIPIENTS 90 % (DEFAULT TO 100%)
RED CROSS 5 % (LIST ALL CHARITABLE INSTITUTIONS
AMERICAN CANCER SOCIETY 5 % AS WELL AS OTHER-SPECIALIZED)

EXAMPLE OF HOW THE LEGACY WILL AND TRUST CAN WORK IN A PERFECT WORLD WITH ILLUSTRATIVE BENEFITS

TOTAL BENEFIT - $10 MILLION
YEAR STARTED - 1985
ANNUAL INTEREST YIELDED – 10 %

BAL AFTER TOTAL
YEAR - 5 % REINVEST - 5 % DISBURSED - TAX 15 % - CHARITIES 10 % - HEIRS
1986 10500000 500000 75000 50000 375000
1987 11025000 551250 82687 55125 413437
1988 11576250 578812 86821 57881 434109
1989 12155062 607753 91163 60775 455815
1990 12762815 638140 95721 63814 478605
1991 13400955 670047 100507 67005 502535
1992 14071002 703550 105532 70355 527663
1993 14774552 738727 110809 73873 554045
1994 15513279 775663 116349 77566 581748
1995 16288942 814447 122167 81445 610835
1996 17103389 855169 128275 85517 641377
1997 17958558 897927 134689 89792 673446
1998 18856485 942824 141424 94282 707118
1999 19799309 989965 148495 98996 742474
2000 20789274 1039463 155919 103946 779598
RULE OF 78’S 78/5 = 15.6 YEARS
OUR PRINCIPLE BALANCE HAS DOUBLED
2001 21828737 1091436 163715 109144 818576
2002 22920173 1146008 171901 114601 859506
2003 24066181 1203309 180496 120331 902482
2004 25269490 1263474 189521 126347 947606
2005 26532964 1326648 198997 132665 994986
2006 27859612 1392980 208947 139298 1044735
2007 29252592 1462629 219394 146263 1096971
2008 30715221 1535761 230364 153576 1151821
$21,725,982 $3,258,893 $2,172,597 $16,294,488

IF IN 1985 $10 MILLION WAS PUT INTO A LEGACY WILL AND TRUST, THE PRINCIPLE BALANCE WOULD BE $30,715,221. TOTAL DISBURSMENTS WOULD HAVE BEEN $21,715,982. THE GOVERNMENT WOULD HAVE COLLECTED $3,258,893 BASED ON A TAX RATE OF 15 %. CHARITIES $2,172,597 BASED ON 10% AND THE HEIRS WOULD HAVE SHARED A TOTAL OF $16,294,488. THE 2008 DISBURSEMENTS WOULD BE: GOVERNMENT $230,364 – CHARITIES $153,576 AND HEIRS $1,151,821.

*RULES AND REGULATION FOR QUALIFIED RECIPIENTS AND/OR CHARITABLE ORGANIZATIONS*

*EACH QUALIFIED RECIPIENT IS ENTITLED TO AN EQUAL VARIABLE SHARE OF DISBURSEMENTS AT AGE 18. (0,10,21,ETC) NOTE: BEST TO ALLOW TIME FOR INTEREST TO COMPOUND

*MUST REGISTER WITH INVESTMENT BROKER 30 DAYS PRIOR TO EACH BIRTHDAY WITH PROOF OF LINEAGE AND BIRTH CERTIFICATE

*NO LIENS MAY BE ATTACHED

*NO BACK PAYMENTS

*ORGANIZATIONS THAT FAIL TO REGISTER WITHIN 3 (1,2,ETC) YEARS WILL BE DELETED AND PROCEEDS TO GO INTO QUALIFIED RECIPIENT FUNDS

*IF INVESTMENT BROKER FEES ARE EXCESSIVE OR THE RATE OF RETURN FALLS BELOW 10 % (5,8,ETC) FOR 2 (1,3,ETC) YEARS IN THE LAST 5 (1,2,3,ETC) YEARS A MAJORITY VOTE OF QUALIFIED RECIPIENTS MAY CHANGE INVESTMENT BROKERS TO A DIFFERENT LEGITIMATE BROKER UNDER PRE-SET GUIDELINES. TIE NO (YES) CHANGE

*MINIMUM LEGACY CHECK IS $100 AFTER FEES AND EXPENSES, OTHERWISE ACCOUNT WILL RE-INVEST 100 % UNTIL THIS CAN OCCUR

*ONLY DIRECT BLOODLINE LINEAGE QUALIFIES, NO EXTENDED FAMILIES

*SPOUSE OF QUALIFIED RECIPIENTS DOES (DOES NOT) QUALIFY AS MY REPLACEMENT UPON MY DEATH

*MUST REGISTER ALL BIRTHS OF YOUR BLOODLINE WITHIN FIRST YEAR. INCOME STREAM MAY NOT BE SOLD FOR ONE LUMP SUM. BOTH OF THESE INFRACTIONS RISK LOSING YOUR SHARES AT A MAJORITY VOTE. TIE NO
(YES).
*FUND MUST HAVE A POSITIVE YIELD OR THERE WILL BE NO LEGACY CHECK FOR THAT PERIOD

***CLICK HERE*** IF YOU AGREE TO THE TERMS OF THIS DOCUMENT. THIS DOCUMENT SUPERSEDES ALL FORMER DOCUMENTS.

IN CLOSING,

I RESPECTFULLY REQUEST THAT THE UNITED STATES COURT OF APPEALS AND THE UNITED STATES PATENT AND TRADEMARK OFFICE GIVE SPECIAL CONSIDERATION TO THIS INVENTION AS IT WILL BENEFIT US ALL AND ALL FUTURE GENERATIONS.

THE TIME IS NOW TO FIND A SOLUTION TO THE FISCAL WAKE UP TOUR CHALLENGE THAT THE US COMPTROLLER DAVID WALKER IS DESPERATELY SEEKING. HE STATES THE “FINANCIAL IMPLOSION” IS ON THE HORIZON AND THE PROBLEM STEMS FROM “THE POWER OF COMPOUNDING”. IRONICALLY, THE SOLUTION IS DERIVED FROM THE SAME STATEMENT. THE ANSWER IS COMPOUNDED INTEREST.

AFTER READING THE USA TODAY HEADLINES DATED 10/09/2007 I TOO WAS SHOCKED TO KNOW THE WAY OUR COUNTRY IS HEADED FISCALLY AND I AGREE WITH KATHLEEN CASEY-KIRSCHLINGS (1ST BABY BOOMER TO REACH RETIREMENT AGE) STATEMENT, I CAN’T IMAGINE WHAT’S GOING TO HAPPEN WITH OUR CHILDREN AND OUR GRANDCHILDREN,” SHE SAYS “THEY’RE NOT GOING TO BE ABLE TO RETIRE.” I PRAY THIS IS NOT THE LEGACY MY GENERATION LEAVES BEHIND. BY THE YEAR 2030. TWO TAXPAYERS TO ONE RETIREE THAT DID NOT PLAN WELL. PLEASE TAKE A QUOTE FROM BISHOP T.D. JAKES, “IT IS TIME FOR US TO BEGIN THINKING GENERATIONALLY.”

I FEEL IT NECESSARY TO ONCE AGAIN POINT OUT THAT 100% OF THE PATENTED ROYALTIES (IF APPROVED) WILL BE CHANNELED TO A LEGACY TRUST DESIGNED TO IMPLEMENT SOCIALIZED HEALTH CARE. THIS WILL COST THE TAXPAYER NOTHING, HELP ALLEVIATE THE TAX BURDEN AND NOT INTERFERE WITH PRIVATE HEALTH CARE. AS A U.S. NAVY BRAT, BORN IN MOROCCO, AFRICA HAVING NEVER SERVED MY COUNTRY IN THE ARMED SERVICES, I HOPE THIS WILL PAY MY DEBT OF SERVICE AND BE MY LEGACY. I AM PROUD TO BE AN AMERICAN.

MAY GOD BLESS AMERICA AND THE WORLD,

NATHAN J. ISBELL

Inferior Capital obligatory to take in serious scratch (akin in front of interest benefits/destitution), this phenomenon will be expressed by argument amidst the present announcement.