Tuesday, January 14, 2014

Compulsory superannuation is theft.

Super-sized rip-off for average workers

The reason there is no great outcry about this system is that so many well-paid people profit from it. The people who do the best are the funds managers. They are allocated money by the super funds to invest in stocks and bonds. The more money they manage, the more they get paid. They also get bonuses if they ''outperform'' the industry average.

***

The "people" running the funds include such marxist self enriching scumbags as Paul pigface Howes, Steve quitter Bracks, and the rest of their vile cohorts, not to mention their mates from the monopoly capitalist end of town.

StumbleUpon
Related Posts Plugin for WordPress, Blogger...