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#172
posted to rec.boats
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Obama endorses slavery
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#173
posted to rec.boats
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Obama endorses slavery
On Mon, 18 Apr 2011 22:29:53 -0400, wrote:
On Mon, 18 Apr 2011 18:15:07 -0700, wrote: On Mon, 18 Apr 2011 16:07:56 -0400, wrote: On Mon, 18 Apr 2011 13:18:31 -0400, Harryk wrote: wrote: On Sun, 17 Apr 2011 22:57:36 -0700, "Califbill" SS/Medicare is s huge wealth transfer from the young to the old. ... and I am an old guy saying it. It would be real easy for me to say "if you can hold it together for 15 or 20 more years I will be dead and won't give a ****" but I do have a sense of responsibility about my kids. S&P just fired a shot across our bow with a drop in the rating of our sovereign debt. The next step is lowering the ratings on our bonds. Bear in mind, if we only have to pay half of a percent more on the debt, it would gobble up every penny of restoring the Bush tax cuts on the $250k and up folks. ($70 billion a year) Getting control on the debt is a lot more serious than health care, global warming, terrorism or any military threats. It affects the full faith and credit of the US and if that is damaged, we will not be able to address any of those other issues. I know it is unthinkable, but the citizens of the US might have to make some sacrifices to do this. I have been watching the Ken Burns show about WWII again. If we were as selfish then as we are now, we would be speaking Japanese or German. Bob and Plume keep saying we are not in as much of a debt problem now as we were in 1944 but the difference is US citizens owned most of that war debt. Now more than half of it is in countries who really don't care if we fail. Whoooo wealth transfer. Must be Obama the Marxist. I actually got that "wealth transfer from the young to the old" from a PhD economic professor that I argue with on another BB. He is about as left as you can get but he does understand the reality that SS is "pay as you go" and young people are paying old people 14% of what they earn. That is usually a lot more than their income taxes. It still is not covering the benefits being paid out. Tell it to the Republicans who blocked the most recent PayGo. |
#174
posted to rec.boats
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Obama endorses slavery
On Mon, 18 Apr 2011 22:15:12 -0400, wrote:
On Mon, 18 Apr 2011 18:14:28 -0700, wrote: On Mon, 18 Apr 2011 13:12:39 -0400, wrote: On Sun, 17 Apr 2011 22:57:36 -0700, "Califbill" wrote: wrote in message ... On Sun, 17 Apr 2011 16:27:33 -0400, Harryk wrote: wrote: On Sat, 16 Apr 2011 11:31:25 -0400, wrote: On Fri, 15 Apr 2011 13:25:45 -0400, wrote: wrote: The projections SSA gave were based on people waiting until full retirement age (66 right now) and I do not know ONE person who waited. I am the only person I know who didn't take SS on their 62d birthday. I waited until I was 64. I'm just past "full retirement age," and i haven't put in for Social Security or Medicare. I'm still working pretty close to full-time, and even though I am just one person, I feel like my not taking money out contributes, even if just a little bit, to a Social Security/Medicare solution. Besides, the health care coverage I buy from my local union is better than Medicare. There's only a small annual deductible, no donut hole for drugs, and a $10 copay and, best of all, no hassles from providers. Whatever works for you. Most people do not really have a choice on Medicare. Their insurance will stop at age 65. Therefore, according to the Right Wing NUTS, eliminate it! That makes sense. Easy enough to fix medicare. First, remove the cap on contributions. Raise the rate on contributions if you are wealthy. Do more and more stringent RAC audits. Set up better guidelines for treatment. Do more criminal prosecutions for provider fraud. Require tough negotiations with pharmaceutical companies. It is not quite that simple. Medicare has grown twice as fast as the GDP since FY2000. I keep hearing that restoring the Clinton tax rates would bring us back to the 2000 prosperity but that ignores the fact that GDP increased 50% since then and spending more than doubled. The entitlements are only getting worse. Ryan may not be presenting a reasonable plan but, at least, he is opening the debate. Reply: There is an upper limit on SS but not Medicare contributions. True and it has still been upside down for several years. This is a black hole that could consume all of all government revenue in 2 decades. SS/Medicare is already well over a third. Still the same nonsense... come on. It's pretty old and totally bs. http://www.ssa.gov/policy/docs/ssb/v70n3/v70n3p111.html You and the boater guy still confuse debt with an asset. There is no money in the SS trust fund, only IOUs from a guy that S&P just downgraded to "negative". What is it going to take to convince you folks we are in trouble? We have a fiscal Pearl Harbor coming and there are still a lot of people who are going to be shocked. You still confuse fiction with fact. You're trying to convince us of something we already believe in. We don't believe in killing people to solve economic problems. |
#175
posted to rec.boats
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Obama endorses slavery
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#176
posted to rec.boats
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Obama endorses slavery
In article ,
says... On Mon, 18 Apr 2011 20:45:04 -0400, BAR wrote: In article , payer3389 says... wrote: On Wed, 13 Apr 2011 13:38:16 -0400, John wrote: On Wed, 13 Apr 2011 12:41:51 -0400, wrote: On Wed, 13 Apr 2011 09:36:48 -0400, wrote: Are you saying that military budget is a waste? Most of it. We spend more than the whole rest of the planet put together. I think the Chinese would like to see us cut it by about 90%. Keeping China, the Russians and any real "state" at bay is pretty cheap. A few "boomers" can provide a credible deterrent to a nuclear attack. We spend most of our money building things we will never use like the F22 and having counter insurgent wars with guys in sandals. DoD is a big jobs program, enriching the districts of powerful congressmen and building products that they do not need to have a market to sell. We build them, we maintain them for 20-30 years and we throw them away, virtually unused. Eisenhower tried to warn us ... but we ignored him. That's pretty much it. We need to find ways to convert those defense factories into plowshare factories. It doesn't matter what those factories make, so long as they provide good jobs and the products are needed and useful. We need to stop turning food into fuel. What and stop the corporate welfare to ADM? Not as long as we have corn belt politicians in congress. Don't forget over 100 ethenol refineries in the Chicago area where someone important in Washington has a lot of friends snerk -- Team Rowdy Mouse, Banned from the Mall for life! |
#177
posted to rec.boats
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Obama endorses slavery
I_am_Tosk wrote:
In , says... On Mon, 18 Apr 2011 20:45:04 -0400, wrote: In , payer3389 @mypacks.net says... wrote: On Wed, 13 Apr 2011 13:38:16 -0400, John wrote: On Wed, 13 Apr 2011 12:41:51 -0400, wrote: On Wed, 13 Apr 2011 09:36:48 -0400, wrote: Are you saying that military budget is a waste? Most of it. We spend more than the whole rest of the planet put together. I think the Chinese would like to see us cut it by about 90%. Keeping China, the Russians and any real "state" at bay is pretty cheap. A few "boomers" can provide a credible deterrent to a nuclear attack. We spend most of our money building things we will never use like the F22 and having counter insurgent wars with guys in sandals. DoD is a big jobs program, enriching the districts of powerful congressmen and building products that they do not need to have a market to sell. We build them, we maintain them for 20-30 years and we throw them away, virtually unused. Eisenhower tried to warn us ... but we ignored him. That's pretty much it. We need to find ways to convert those defense factories into plowshare factories. It doesn't matter what those factories make, so long as they provide good jobs and the products are needed and useful. We need to stop turning food into fuel. What and stop the corporate welfare to ADM? Not as long as we have corn belt politicians in congress. Don't forget over 100 ethenol refineries in the Chicago area where someone important in Washington has a lot of friendssnerk Is there any chance the entire kiddie motorbike "racing" season in your part of the country will be cancelled this year? |
#178
posted to rec.boats
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Obama endorses slavery
wrote in message ...
On Mon, 18 Apr 2011 18:22:19 -0700, wrote: On Mon, 18 Apr 2011 13:21:22 -0400, wrote: That is not what the prominent democrats are saying on the sunday talking head shows. There are a lot of people who should know better, saying all we need to do is to raise taxes on the $250k and above people to make us whole. That is total bull****. If we removed all of the Bush tax cuts on everyone, it would only be a third of the problem. You really believe that they're saying "all we need to do"?? Please cite something. I suppose you don't watch the Sunday talk shows. I suppose I could google something up for you but I get criticized for that too. If we removed all of the tax cuts on those who make more than $250K, that would go a long way toward solving the problem. Or, we could just throw people out on the street. That is $70 billion a year. The deficit is $1.5 billion. Do the math. REPLY: Under that scenario, we would be OK. Unfortunately the typo is off by a factor of 1000 on the deficit. |
#179
posted to rec.boats
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Obama endorses slavery
On Mon, 18 Apr 2011 23:41:27 -0400, wrote:
On Mon, 18 Apr 2011 19:59:33 -0700, wrote: On Mon, 18 Apr 2011 22:33:18 -0400, wrote: On Mon, 18 Apr 2011 18:15:40 -0700, wrote: On Mon, 18 Apr 2011 18:23:18 -0400, wrote: On Mon, 18 Apr 2011 16:39:34 -0400, Harryk wrote: wrote: We would go a long way towards that if we had a tax code that punishes people who takes jobs offshore and rewards people who create them here. Unfortunately it works the other way. Do we see that in the Republican plan? Doubtful. The republicans are as out of touch as the democrats. Nobody is willing to tell us this is going to hurt. In that regard, I have respect for FDR in WWII but he was coming off of a real depression and we already understood "hurt". We have 2 or 3 generations of people who have never really had to give up anything. So force them to starve... that's your solution? Feel free to find a politician that isn't a politician. How do these conversations always degrade to the absurd? I say they need to raise taxes and cut some programs and you immediately have us all in bread lines. This country has the fattest "poor" people on the planet. starving is not really an issue. We don't need to raise taxes on the middle and poor. Interesting that you go after fat people. I guess you don't like them. |
#180
posted to rec.boats
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Obama endorses slavery
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