Pension And Retirement Funds Take It On The Chin As Markets Worldwide Implode Over Realization That There Is Nothing To Support The Artificially High Levels On The Stock Indices

Holy Christ! There Goes My New Boat!

A Bloodbath!

THOSE CROOKS MANAGING THE ALREADY MASSIVELY UNDERFUNDED MUNICIPAL AND STATE PENSION FUNDS WILL SOON BE CONCOCTING A PLAN TO STICK IT TO THE TAXPAYERS TO MAKE THEM PAY AND PAY THEY MUST! YOU SEE, THESE IDIOTS USED ACTUARIAL PROJECTIONS OF UNREALISTIC RETURNS BASED ON STOCKMARKET PERFORMANCE INSTEAD OF THE MOST CONSERVATIVE INVESTMENTS THAT ARE OUT THERE. WHEN THE RETURNS FAIL TO MATERIALIZE WELL, THEIR PENSION PLANS ARE FUCKED! CALL IT "MAGICAL THINKING" ON THE PART OF THSE FUND MANAGERS WHO "WISH IT WERE SO". BUT WISHING IT SO DOES NOT MAKE IT HAPPEN!

YOU SEE, MONEY DOES NOT "DISAPPEAR", IT JUST CHANGES HANDS. THAT 1.8 TRILLION IN WEALTH WIPED OUT TODAY WAS ONLY TRANSFERRED TO THE SHORT SELLERS AND MARKET MANIPULATORS WHO SAT ON THE SIDELINES AND RUBBED THEIR HANDS WITH GLEE AS THE MARKETS WORLDWIDE FELL APART. WITH FEAR INSTILLED IN THE HERD NOW, GET READY FOR MORE MASSIVE UNDULATIONS AND CONTORTIONS.

THE DOOM MERCHANTS ARE TELLING YOU TO INVEST IN GOLD. WELL GOLD TOOK A HIT TODAY TOO. EVER TRY TO BUY A CASE OF TOILET PAPER WITH GOLD? YOU CAN'T UNLESS YOU KNOW THE LOCAL STORE OWNER AND HE'LL HAVE THE UPPER HAND WHEN YOU WANT TO CONVERT THAT SHINY YELLOW METAL INTO MERCHANDISE. GOLD WILL CONTINUE TO PLUMMET DOWN TO PROBABLY THE $275 LEVEL WHERE IT NATURALLY BELONGS UNTIL THE NEXT RUNUP TO SKY HIGH LEVELS BY THE PANIC STRICKEN AND THE MARKET MANIPULATORS.

JUST BE SURE YOUR FOOD PANTRY IS STOCKED AND YOU HAVE PLENTY OF AMMO AND YOU WILL BE OKAY.
IF NOT, WELL, GOOD LUCK, MAYBE SOME CHRISTIANS WILL HELP YOU OUT. MAYBE.