The Pension Crisis Is Here... (Did You Know?)

Subscribe to RTD and share the monetary awareness videos... Take a few minutes and watch this RTD educational documentation the "The Pension Crisis Is Here... (Did You Know?)". Share your thoughts below on how the impact of underfunded pensions around the country will impact senior citizens now and in the future? Should we continue to honor a broken promise that will destroy the well-being of next the generation? Find more educational RTD Min-Docs like this one here: http://bit.ly/RTD_MiniDocs Visit GoldMoney.com to set up a FREE gold savings and spending account today. Get a debit card to use alongside your fiat currency card and get back to sound money practices. Click here to get started and support RTD by making your first deposit: https://www.Goldmoney.com/r/tx7Pa0 For more great informative and educational videos from monetary experts on the future of the dollar watch RTD Interviews at RTD UNIVERSITY. The best monetary and financial education not available in a classroom - http://bit.ly/RTD_University DISCLAIMER: The financial and political opinions expressed in this interview are those of the guest and not necessarily of "Rethinking the Dollar". Opinions expressed in this video should not be relied upon for making investment decisions and do not constitute personalized investment advice. The information shared is for the sole purpose of education.

Comments

1. I remember my dear dad becoming concerned by this even then why back in early 70's... this money paid in they have to pay it even if they have to stop government program's people!!
2. Excellent video.......he explains what's going on really well!!!
3. When they take my SS deduction from my pay, they make it a contract. If I cannot get what I paid in plus interest, then I'll just take what I put in. Oh, it's not there? Why? Because We've been had, robbed and swindled.
4. why NEVER have WELFARE CRISIS??
5. why the government NEVER say anything about finish WELFARE??? this is B.S!!!
6. I was reading about Calpers - the California pension fund. They projected their numbers for the last several decades assuming they could make 8% return each year! Who makes 8% per year? No wonder they are going broke.
7. Your Very GQQD at What U Do Brother!!! Keep It Up as I Love your Channel!!! God Bless Us All...Amen!!!
8. The Social Security TRUST fund while essentially EMPTY does have a large IOU backed up by the full faith of the US govt.
   I reckon the money will be there as long as the govt can continue to borrow. The key word being "faith".
   SSN/Medicare escalating costs are an issue but pale in comparison to the out of control military expenditures brought to our attention by Eisenhower. Legacy military spending including vet pensions and healthcare will bankrupt us long before SS will. Obviously just my opinion, but I think it needed to be said as I didn't see much about military spending in an otherwise very nice presentation.
   Thanks for posting mate
9. My moms SSDI pays her house mortgage and two other utility bills. She gets $788 a month and her Medicare is paid by Medicaid. She gets SNAP. If I pay something, it's counted as income and she looses some of her food. I buy her things for her to return to the store so she has pocket money. Sad state of living. She worked any job she could when I was a kid and now she goes hungry.
10. Great vid its hard for people to wrap there minds around these facts.
11. Another awesome video. Subbed. Thanks!
12. I have a bunch of cats I could eat