The last person roped into a Ponzi scheme rightfully believes that they have been Conned.

$1.4 trillion in state pension fights foreshadowed in Rhode Island

Published October 07, 2012

Retired social worker Jim Gillis was told his $36,000 Rhode Island state pension would increase by $1,100 next year to keep up with inflation.

But lawmakers suspended annual increases, leaving Gillis wondering how he’ll pay medical bills and whether he’d been betrayed by his former employer.

“When you’re working, you’re told you’ll get certain things, and you retire believing that to be the case,” Gillis said…

Sorry, Jim. And all the other RI state workers that thought they were set for the rest of their life, but it ain’t so.

And I hate to tell you but the rest of us don’t feel much pity for you.   You still will be getting back many times more than you put in, you are not going to starve or lose your home (unless you made other bad decisions based on unrealistic expectations due to your support of an legal racket).  You are going to have to live like citizens, not princes.

Tough.

Does anyone remember the PBS presentation of “Moll Flanders”?  She had quite a life, to stay alive and provide for herself and her children she was at various times; a whore, a thief, five times a wife, farmer and transportee to the colonies. At the end of the PBS series, Moll was transported to Virginia to start over with nothing. At the age of 62.

She prospered, of course that was in a Red State. Not RI.

Plus…

Celebrating Columbus, Brave and Bright
Imposing modern morality on the past is a form of historical illiteracy.

I love that phrase!

 

 

About On the North River

Forty years toiled in the Tel-com industry, married for 36 years widowed at sixty-one. Tea Party supporter. Do like to kayak, cook, take photos, bike, watch old movies and read.
This entry was posted in All the News not fit to print., When Progressives Attack. Bookmark the permalink.

One Response to The last person roped into a Ponzi scheme rightfully believes that they have been Conned.

  1. By the way, to those who suggest using an fictional character to illustrate a political point is invalid, Moll Flanders had ample historical antecedents used by Defoe for his novel.

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