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If the Americans had our super scheme!

Topic closed. 2 replies. Last post 5 years ago by Todd.

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Bondi Junction
Australia
Member #57242
December 24, 2007
1102 Posts
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Posted: October 22, 2011, 11:04 pm - IP Logged

PAUL KEATING: Oh, no. We're in a much better position. We've got superannuation here at $1 trillion. Now this country's 20 million people. The United States is 260 million people, 13 times the population. Pro-rating that, the Americans would have if they had our super scheme, they would have $13 trillion of savings. That's the size of the American property market. So we have something they don't have.


The former Australian Prime Minister and Treasurer, Paul Keating

We all get a lot out of lotteries!

    rdgrnr's avatar - walt
    Way back up in them dadgum hills, son!
    United States
    Member #73904
    April 28, 2009
    14903 Posts
    Offline
    Posted: October 22, 2011, 11:38 pm - IP Logged

    PAUL KEATING: Oh, no. We're in a much better position. We've got superannuation here at $1 trillion. Now this country's 20 million people. The United States is 260 million people, 13 times the population. Pro-rating that, the Americans would have if they had our super scheme, they would have $13 trillion of savings. That's the size of the American property market. So we have something they don't have.


    The former Australian Prime Minister and Treasurer, Paul Keating

    You have to cut us a little slack though.

    We have a President who never had a real job and doesn't know how the economy works.

    We have a Vice President whose previous job was a used car salesman.

    We have an Attorney General who wants to deny Americans gun rights who is overseeing the transfer of thousands of assault weapons to the Mexican Drug Cartels that have already killed Americans.

    In other words, our government is one big fiasco of a mess, run by people who have no idea what the hell they're doing.

    But we're going to rectify this situation a year from next month.

    So stand by.


                                                 
                         
                                             

     

     

     

     

                                                                                                       

    "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                --Edmund Burke

     

     

      Todd's avatar - Cylon 2.gif
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      23260 Posts
      Offline
      Posted: October 23, 2011, 5:10 pm - IP Logged

      PAUL KEATING: Oh, no. We're in a much better position. We've got superannuation here at $1 trillion. Now this country's 20 million people. The United States is 260 million people, 13 times the population. Pro-rating that, the Americans would have if they had our super scheme, they would have $13 trillion of savings. That's the size of the American property market. So we have something they don't have.


      The former Australian Prime Minister and Treasurer, Paul Keating

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