Pensions Have Always Destroyed Society – Just Like Detroit

 

Detroit Bankruptcy Unions

 

QUESTION: Mr. Armstrong; You mentioned that government workers and their pensions will destroy our economies. You said this is how Rome also fell. It certainly seems to be on point here in Ontario. Is there any way to stop this trend?

Thank you

JS

ANSWER: Nobody has succeeded in previously ever identifying the source of the problem no less even attempt a solution to prevent the trend. This is part of the solution we are proposing. We have to keep in mind that history dictates that the West will collapse. Raising taxes to support these expenditures reduces economic output and that results in higher unemployment as we see with shocking results in Europe. But the solutions of the IMF is just to rob the people to pay for government pensions. This is the only solution ever used until the system collapses. I would understand if it at least worked just once. But there is no such evidence ever. The 'work 20 years in the military or police and get a pension' is the time limit set by Rome.

 

RomulusAug-AU2

 

The last Roman Emperor was Romulus Augustus (475-476AD). He was overthrown and it was all about pensions. The enemy that killed Rome was internal for they were the non-Roman mercenary-soldiers. Countries often offer citizenship if you serve in the military. We have done the very same thing. There are even Americans serving in the Israeli military.

Odoacer

When the auxiliary general named Odoacer demanded estates as part of their pensions for serving in the Roman military, he and his followers were refused. Odoacer led his troops and swept into Italy pledging to his soldiers that, if they followed and obeyed him, they would, in the words of Gibbon, “extort the justice that had been denied to their dutiful petitions.” Consequently, the Germanic Arian Odoacer confirmed his leadership of the revolt and the mercenary-soldiers (barbarians) plundered Italian cities and garrisons and more troops flocked to his side because of the pensions.

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Frank J. Williams 10 years ago Member's comment
Thank you for a very interesting article Mr. Armstrong. But one correction - Israel does not offer citizenship to foreigners serving in the IDF. Rather every citizen, both male and female, must serve (unless granted an exception). The majority of Americans serving in the IDF are either Americans who emigrated to Israel and now live there as citizens, or the children of Israelis who emigrated to America, and decide to "return home" to their roots.