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#41
posted to rec.boats
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Obama endorses slavery
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#43
posted to rec.boats
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Obama endorses slavery
On 09/04/2011 1:05 AM, wrote:
On Sat, 09 Apr 2011 01:05:50 -0400, wrote: On Thu, 07 Apr 2011 19:56:54 -0700, wrote: You've got plenty of paranoia about something that might or might not happen in 30 years, but something that's in your face is no big deal. The things I am worried about are happening right now. Social Security and Medicare are in deficit today. The job flight from the country is happening right now. The fact that we are spending 166% of our revenue is a problem today. I agree the congress is not addressing any of these problems seriously, using this crisis to advance ideological agendas but I also do not take the theater that seriously. And their "deficit" is temporary. For example, the primary reason for the SS deficit is low unemployment, and that will change in the next year or so, then it's solvent for another 30 years. Yet, you're just fine with making that situation worse, not paying people for weeks if not months on end. How many people will default on their houses? How many won't be able to pay their insurance or feed their kids, pay for college, etc., etc. You're just fine with all that, but zonkers paranoid about something that may or may not happen in 30 years. The theater is deadly serious for some people. You don't care about them, apparently. Debt is an addiction. Your like a heroin addict that thinks fixing it is shooting up. Only a mater of time before it fails and lights out. If you cut now, the remainder might be possible. If you keep the gangrene, well, eventually the whole host dies. |
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#44
posted to rec.boats
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Obama endorses slavery
On 09/04/2011 4:59 AM, OmDeFlume wrote:
On 4/9/2011 3:05 AM, wrote: And their "deficit" is temporary. For example, the primary reason for the SS deficit is low unemployment, and that will change in the next year or so, then it's solvent for another 30 years. Priceless! Ya, priceless stupidity. Temporary....just proves my theory that debt addiction is real. Comes with denial too. |
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#45
posted to rec.boats
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Obama endorses slavery
On 09/04/2011 9:30 AM, wrote:
On Sat, 09 Apr 2011 00:05:04 -0700, wrote: On Sat, 09 Apr 2011 01:05:50 -0400, wrote: On Thu, 07 Apr 2011 19:56:54 -0700, wrote: You've got plenty of paranoia about something that might or might not happen in 30 years, but something that's in your face is no big deal. The things I am worried about are happening right now. Social Security and Medicare are in deficit today. The job flight from the country is happening right now. The fact that we are spending 166% of our revenue is a problem today. I agree the congress is not addressing any of these problems seriously, using this crisis to advance ideological agendas but I also do not take the theater that seriously. And their "deficit" is temporary. For example, the primary reason for the SS deficit is low unemployment, and that will change in the next year or so, then it's solvent for another 30 years. You have not been paying attention have you. The projection was always that SS would be upside down in 2017, then 16 then 15 and the later projections were 2012-13. Then the recession made that 2010 they HOPED they might get a year or two of surplus but the Obama payroll tax cut torpedoed that. It will never see a surplus again. Medicare has been upside down for quite a while with no end in sight. Yet, you're just fine with making that situation worse, not paying people for weeks if not months on end. How many people will default on their houses? How many won't be able to pay their insurance or feed their kids, pay for college, etc., etc. That has never happened. If these people are living so close to the edge that they will fail of their pay check is held up a few days, it is not a question of if they will fail, only when. What are these military guys going to do when the war is over and the Army gives then an "early out" like happened after Vietnam? You and Harry keep saying the DoD budget is too high but the DoD is a jobs program. Virtually any cut in the budget will cost someone a job. You're just fine with all that, but zonkers paranoid about something that may or may not happen in 30 years. The theater is deadly serious for some people. You don't care about them, apparently. Since nobody in the government has ever lost a dime's pay in any of the shut downs, no I don't really care. Some come to work, if they really do anything important for a living, some stay home but they all get paid., Which is why it isn't working. Congress needs to just issue a 3 month temporary no-pay layoff. |
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#46
posted to rec.boats
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Obama endorses slavery
On Sat, 09 Apr 2011 10:04:11 -0600, Canuck57
wrote: On 09/04/2011 4:59 AM, OmDeFlume wrote: On 4/9/2011 3:05 AM, wrote: And their "deficit" is temporary. For example, the primary reason for the SS deficit is low unemployment, and that will change in the next year or so, then it's solvent for another 30 years. Priceless! Ya, priceless stupidity. Temporary....just proves my theory that debt addiction is real. Comes with denial too. You certainly are pricelessly stupid. |
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#47
posted to rec.boats
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Obama endorses slavery
On Sat, 09 Apr 2011 11:30:19 -0400, wrote:
On Sat, 09 Apr 2011 00:05:04 -0700, wrote: On Sat, 09 Apr 2011 01:05:50 -0400, wrote: On Thu, 07 Apr 2011 19:56:54 -0700, wrote: You've got plenty of paranoia about something that might or might not happen in 30 years, but something that's in your face is no big deal. The things I am worried about are happening right now. Social Security and Medicare are in deficit today. The job flight from the country is happening right now. The fact that we are spending 166% of our revenue is a problem today. I agree the congress is not addressing any of these problems seriously, using this crisis to advance ideological agendas but I also do not take the theater that seriously. And their "deficit" is temporary. For example, the primary reason for the SS deficit is low unemployment, and that will change in the next year or so, then it's solvent for another 30 years. You have not been paying attention have you. The projection was always that SS would be upside down in 2017, then 16 then 15 and the later projections were 2012-13. Then the recession made that 2010 they HOPED they might get a year or two of surplus but the Obama payroll tax cut torpedoed that. It will never see a surplus again. Medicare has been upside down for quite a while with no end in sight. You haven't been paying attention. That's a bunch of nonsense. It's not even close to factual. Yet, you're just fine with making that situation worse, not paying people for weeks if not months on end. How many people will default on their houses? How many won't be able to pay their insurance or feed their kids, pay for college, etc., etc. That has never happened. If these people are living so close to the edge that they will fail of their pay check is held up a few days, it is not a question of if they will fail, only when. What are these military guys going to do when the war is over and the Army gives then an "early out" like happened after Vietnam? You're going to claim that if there had been a shutdown of weeks or months that wouldn't have happened? What are you sipping? You and Harry keep saying the DoD budget is too high but the DoD is a jobs program. Virtually any cut in the budget will cost someone a job. So, your solution... throw them out. Good move, esp. in a recession. You're just fine with all that, but zonkers paranoid about something that may or may not happen in 30 years. The theater is deadly serious for some people. You don't care about them, apparently. Since nobody in the government has ever lost a dime's pay in any of the shut downs, no I don't really care. Some come to work, if they really do anything important for a living, some stay home but they all get paid., Yes, I can see you don't care. |
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#48
posted to rec.boats
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Obama endorses slavery
In article ,
says... On Sat, 09 Apr 2011 00:05:04 -0700, wrote: And their "deficit" is temporary. For example, the primary reason for the SS deficit is low unemployment, and that will change in the next year or so, then it's solvent for another 30 years. You have not been paying attention have you. The projection was always that SS would be upside down in 2017, then 16 then 15 and the later projections were 2012-13. Then the recession made that 2010 they HOPED they might get a year or two of surplus but the Obama payroll tax cut torpedoed that. It will never see a surplus again. Medicare has been upside down for quite a while with no end in sight. SS isn't a big problem if correctly understood and addressed. But Obama isn't helping at all. Very bad move reducing the SS tax. SS has its own cost/revenue stream for accounting purposes. As the treasuries are redeemed when outflow exceeds inflow, the SS fund will be depleted faster. I've seen it said that when the fund is entirely depleted, SS can still pay 75% of current benefits on SS income alone. But that probably was based on fuller employment than current, and certainly won't hold true at Obama's reduced SS tax rate. Last projection I saw for SS fund zero balance was 2037. Obama's action has knocked years off that. This is no different than the dishonesty of the GWB tax cuts/deficit spending or Reagan's voodoo economics. Where are the adults? A more cynical way of looking at these matters is that politicians know exactly what they are doing. Reagan and GWB figured that the population at large would accept the rich becoming richer and the poor poorer. GWB figured that deep debt would lead to curtailing safety net programs as a means to deal with it. Obama figures that nothing can hurt SS because to hurt it would be fostering rebellion against those who attempt it. If that's true I think they were all correct in their "figuring." The real problem is the 2-party system. Doesn't work any more. Too much time spent with schoolyard feuds, and little common sense. Paul Ryan is a good example of no common sense. Wants to kill Medicare and replace it with vouchers to pay insurance companies for health insurance. Now I ask you. What insurance company wants to insure old people? What's the premium for a 70 year old? $50k a year with a $20k deductable? Man, this guy is in for some hurting when his "plan" gets analyzed. He's a real dope millionaire. I've already heard some economists are saying his plan will add to the deficit too. Written by "The Club for Growth" supposedly. All this whining from Ryan and his millionaire ilk about debt being bad for "the grandchildren", but maybe they don't worry about their grandchildren paying $50k insurance premiums when they become old folks? The nonsense and hypocrisy I see is hilarious. Like I say, where are the adults? |
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#49
posted to rec.boats
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Obama endorses slavery
On 09/04/2011 12:11 PM, Boating All Out wrote:
In , says... On Sat, 09 Apr 2011 00:05:04 -0700, wrote: And their "deficit" is temporary. For example, the primary reason for the SS deficit is low unemployment, and that will change in the next year or so, then it's solvent for another 30 years. You have not been paying attention have you. The projection was always that SS would be upside down in 2017, then 16 then 15 and the later projections were 2012-13. Then the recession made that 2010 they HOPED they might get a year or two of surplus but the Obama payroll tax cut torpedoed that. It will never see a surplus again. Medicare has been upside down for quite a while with no end in sight. SS isn't a big problem if correctly understood and addressed. But Obama isn't helping at all. Very bad move reducing the SS tax. SS has its own cost/revenue stream for accounting purposes. As the treasuries are redeemed when outflow exceeds inflow, the SS fund will be depleted faster. I've seen it said that when the fund is entirely depleted, SS can still pay 75% of current benefits on SS income alone. But that probably was based on fuller employment than current, and certainly won't hold true at Obama's reduced SS tax rate. Last projection I saw for SS fund zero balance was 2037. Obama's action has knocked years off that. This is no different than the dishonesty of the GWB tax cuts/deficit spending or Reagan's voodoo economics. Where are the adults? A more cynical way of looking at these matters is that politicians know exactly what they are doing. Reagan and GWB figured that the population at large would accept the rich becoming richer and the poor poorer. GWB figured that deep debt would lead to curtailing safety net programs as a means to deal with it. Obama figures that nothing can hurt SS because to hurt it would be fostering rebellion against those who attempt it. If that's true I think they were all correct in their "figuring." The real problem is the 2-party system. Doesn't work any more. Too much time spent with schoolyard feuds, and little common sense. Paul Ryan is a good example of no common sense. Wants to kill Medicare and replace it with vouchers to pay insurance companies for health insurance. Now I ask you. What insurance company wants to insure old people? What's the premium for a 70 year old? $50k a year with a $20k deductable? Man, this guy is in for some hurting when his "plan" gets analyzed. He's a real dope millionaire. I've already heard some economists are saying his plan will add to the deficit too. Written by "The Club for Growth" supposedly. All this whining from Ryan and his millionaire ilk about debt being bad for "the grandchildren", but maybe they don't worry about their grandchildren paying $50k insurance premiums when they become old folks? The nonsense and hypocrisy I see is hilarious. Like I say, where are the adults? People should look at CCP (Canada) and SS (USA) as employment tax. It isn't in your name, it isn't in your account and certainly isn't in your control. Government uses this money in money/value loosing investments and has been routinely raiding them for man decades. The result is the funds are just derated to more government debt. From a pension perspective, people better plan on in my name, in my account under my exclusive control. The rest is horse sh!t. People in Canada planning CPP as a life find out the hard way, it is poverty. Best advice I can give younger people is more money in your pocket today is worth more than a 10x BS future promise from government. The whole pension thing is a huge fraud. Now that the debt welshers in DC have to pay, they want to welsh. Screwing their own people for government GREED. Priceless. Just wait until the fat mama saying Obama is going to pay for here gas wakes up and smells the coffee. Governemtn will get around to screwing everybody but the chosen elite. Modern government and taxation has turned out to be modern day slavery. Paul Ryan is common sense, but to be honest he does not have the support of others that are greedy, scared and chicken sh!t to do the right thing. Cowards. Greedy, envious selfish cowards as you know the senators and congress people are getting back room calls on this. Easier to sellout USA than to stand up for what is right. Far too much corruption in DC. Time to write them off as debt welshers. DC, just a parasite. |
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#50
posted to rec.boats
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Obama endorses slavery
"Canuck57" wrote in message ... On 09/04/2011 12:11 PM, Boating All Out wrote: In , says... On Sat, 09 Apr 2011 00:05:04 -0700, wrote: And their "deficit" is temporary. For example, the primary reason for the SS deficit is low unemployment, and that will change in the next year or so, then it's solvent for another 30 years. You have not been paying attention have you. The projection was always that SS would be upside down in 2017, then 16 then 15 and the later projections were 2012-13. Then the recession made that 2010 they HOPED they might get a year or two of surplus but the Obama payroll tax cut torpedoed that. It will never see a surplus again. Medicare has been upside down for quite a while with no end in sight. SS isn't a big problem if correctly understood and addressed. But Obama isn't helping at all. Very bad move reducing the SS tax. SS has its own cost/revenue stream for accounting purposes. As the treasuries are redeemed when outflow exceeds inflow, the SS fund will be depleted faster. I've seen it said that when the fund is entirely depleted, SS can still pay 75% of current benefits on SS income alone. But that probably was based on fuller employment than current, and certainly won't hold true at Obama's reduced SS tax rate. Last projection I saw for SS fund zero balance was 2037. Obama's action has knocked years off that. This is no different than the dishonesty of the GWB tax cuts/deficit spending or Reagan's voodoo economics. Where are the adults? A more cynical way of looking at these matters is that politicians know exactly what they are doing. Reagan and GWB figured that the population at large would accept the rich becoming richer and the poor poorer. GWB figured that deep debt would lead to curtailing safety net programs as a means to deal with it. Obama figures that nothing can hurt SS because to hurt it would be fostering rebellion against those who attempt it. If that's true I think they were all correct in their "figuring." The real problem is the 2-party system. Doesn't work any more. Too much time spent with schoolyard feuds, and little common sense. Paul Ryan is a good example of no common sense. Wants to kill Medicare and replace it with vouchers to pay insurance companies for health insurance. Now I ask you. What insurance company wants to insure old people? What's the premium for a 70 year old? $50k a year with a $20k deductable? Man, this guy is in for some hurting when his "plan" gets analyzed. He's a real dope millionaire. I've already heard some economists are saying his plan will add to the deficit too. Written by "The Club for Growth" supposedly. All this whining from Ryan and his millionaire ilk about debt being bad for "the grandchildren", but maybe they don't worry about their grandchildren paying $50k insurance premiums when they become old folks? The nonsense and hypocrisy I see is hilarious. Like I say, where are the adults? People should look at CCP (Canada) and SS (USA) as employment tax. It isn't in your name, it isn't in your account and certainly isn't in your control. Government uses this money in money/value loosing investments and has been routinely raiding them for man decades. The result is the funds are just derated to more government debt. From a pension perspective, people better plan on in my name, in my account under my exclusive control. The rest is horse sh!t. People in Canada planning CPP as a life find out the hard way, it is poverty. Best advice I can give younger people is more money in your pocket today is worth more than a 10x BS future promise from government. The whole pension thing is a huge fraud. Now that the debt welshers in DC have to pay, they want to welsh. Screwing their own people for government GREED. Priceless. Just wait until the fat mama saying Obama is going to pay for here gas wakes up and smells the coffee. Governemtn will get around to screwing everybody but the chosen elite. Modern government and taxation has turned out to be modern day slavery. Paul Ryan is common sense, but to be honest he does not have the support of others that are greedy, scared and chicken sh!t to do the right thing. Cowards. Greedy, envious selfish cowards as you know the senators and congress people are getting back room calls on this. Easier to sellout USA than to stand up for what is right. Far too much corruption in DC. Time to write them off as debt welshers. DC, just a parasite. *********** Our Canada Pension Plan in only meant to supplement your own savings/a company pension plan and the Old Age pension. If you rely on that and your Old Age Pension as your sole means of income after 65... you'll be no better off than those who didn't work a day or pay a penny into any plans because they will receive the Guaranteed Income Supplement to add to their OAP. |
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