Posted on 09/09/2013 7:46:21 AM PDT by Kaslin
Edited on 09/09/2013 9:44:52 AM PDT by Admin Moderator. [history]
Most Western nations have huge long-run fiscal problems because of unfavorable demographics and misguided entitlement programs.
That
(Excerpt) Read more at finance.townhall.com ...
Yep, I kept pointing that out too as did just a few in congress. It was a perfect outting of the massive lie and most missed it or looked the other way.
What I have found is that young adults here who are educated and voted for Obama ( which is most of them, clueless) socially liberal, they dont even know about the trust fund, or that SS and medicare are running operational deficits. They dont even understand the payroll taxes beyond what is on their pay-stub.
When I try to explain it they just roll their eyes and say ‘I dont expect to get those anyway so I dont care’
I have yet to meet one who knows anything about it. They just dont care.
Of course when time comes they will think completely differently.
>>The real question is, how will the congress protect their own assets, as they won’t stand by and let their stuff get seized anymore than them adopting obamacare.
Members of Congress will be paying Estate taxes if they attempt to take our retirement savings.
Stop voting for RINO’s. Let the dems win and let them take the blame for running the economy/country into the ground. It's the only way the low information voters will understand who exactly is screwing them over.
Putting a RINO in office allows the left to point at Republicans as the problem or allows them to share the blame.
Romney would have simply prolonged the inevitable, and I am of the opinion the sooner it burns, the sooner it's rebuilt.
Younger workers must get screwed anyway because retirees demand their checks and both party pols will make sure they get thembeing terrified of their votes. That is why they make believe there is a real trust fund when its just funded by national borrowing, still screwing them.
Same for medicare.
Sure they will. It's theirs. They gave you a tax deferral on the money - therefore (in their thinking), the money is not actually yours until you pay all the taxes on it. And it's just simply unfair for greedy individuals to try to limit the government's use of its own money when there are so many human needs going unmet.
So they'll take it and they'll give you a voucher or a bond or a government investment fund or something with the same nominal asset value that might be valuable later when you are ready to retire - and they will use your money now. And there will be hardly a squawk about it, because no actual 'theft' will have occurred - just a slight change in the names of the securities listed on John Q. Public's statement. All the numbers in the computer will still be there, all the rosy projections will still appear on the propaganda pages, and Boehner and the GOP won't complain very loudly, so everybody will think everything is just fine.
So guns will not actually enter into it, this time. It's just an accounting change, after all.
bookmark
This is another “I’m done f*cking around” line.
Cross it, and I’ll start making people bleed for it.
Enough is enough is enough is enough...
Voters will support much higher taxes than we have now before they support that, it shows up in every poll. That is why the GOP always proposes 'spend like hell now then cut future people's benies or increase age much later 'like the Ryan plan.
And there are other problems with that simple solution:
1) We dont have an economy healthy enough to employ so many people over 65, that age group is not exactly prime labor and more and more jobs are replaced by machines, or imports and some day amnesty.
2) So will be on Obama-care instead of medicare if the age in increased (medicaid or subsities)
3) Working till ~ 70 might be great for some jobs like talking heads on Sunday shows, those are great jobs, but 70 year olds on feet all day bagging groceries or climbing up roofs is not going to sell.
there is no ‘simple solution’
You may be right but I hope not. It’s time we did a $h!thouse cleaning in this country.
Pelosi would confiscate this wealth at earliest opportunity, not some future replacement for this pernicious hag.
oh, yes there is...Staying at home on election day is as bad as voting for a democrat.
...and if any think otherwise just observe we are paying the price for this crazy thinking as we speak.
“not a dimes worth of difference between the two”, heard that one enough?
Folks oughta check out your 401k options TODAY.
See if there is a true “cash” account anymore,
or if it is in gov’t bonds.
This is a tactic they are ALREADY using to get their hands on your retirement money.
You can’t put it in “cash”, and the next “safest” option is a gov’t bond, which means you’re loaning it to the gov’t.
Problem is where I live you cannot find qualified workers anymore. You would be hard pressed to find folks who can just show up to work, let alone put in an eight hour day. And it probably will not improve.
Some around here say that is the reason that Boeing did not want to open a manufacturing facility in South Carolina. Not enough average IQ workers in the area. Official reason was because it was a right to work state. Boeing (unions) chose Washington state. My guess is that is was a lot of both.
I really think you are not giving American workers the common courtesy of a respectful reply.
China is our major manufacturing competitor.
China does not allow American goods, to compete in China, yet competes freely in America.
That is currently the largest problem.
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