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Default Obama endorses slavery

In article ,
says...

On Mon, 11 Apr 2011 23:10:29 -0500, Boating All Out
wrote:

In article ,
says...


I agree with the idea that we need to raise Revenue and I also agree,
chipping away at small programs is not going to do anything
significant to the deficit. Those are ideological crusades, not
deficit reductions. Deal with that in separate legislation if you need
to.
We need more revenue and we need to make big cuts in spending.
That means higher taxes, less DoD budget and doing something
significant to SS/Medicare. Those are the programs that eat up most of
the government revenue.


There are plenty of "small items" that add up.
On the nondefense discretionary discretionary side for 2010 there's
$660B to scalpel. Defense is $689B.
Knocking $200B total off those is trivial.
Except the crybabies will wail, the lobbyists will get in high gear and
the pols will be paid off.
As I said, the system is broken.
Good example is this newsgroup, where name-calling and opposing "the
other side" is deemed a substitute for common sense.


Defense is low fruit. We spend twice what it should cost to defend
this country.
SS/Medicare need to be bracketed up in age and needs to be means
tested. The reason it was successful for so many years is that they
always had plenty of workers paying for a few recipients, who weren't
really going to live much longer. When the boomers started hitting the
system you had a lot of recipients who will be collecting for 20-30
years and less people paying in. It is also ridiculous that rich
people like Warren Buffett and Bill Gates get SS.
Unfortunately then you would just have to admit SS is a welfare
program for old people and abandon the whole idea that it was ever
some kind of pension or insurance.


The Medicare solution is mostly clamping down on costs - Simpson agrees
with me on that. A Medicare tax rate bump will help.
The main problem is the socialist medical/insurance industries.
Drug companies, hospital companies, doctors, etc., all like to crow
about "free enterprise." But they're really already 60% socialists.
Touting "free enterprise" just allows them to stiff American rubes.
About 60% of medical costs in this country is funded by the taxpayer.
Other countries pay half for the same results.

You still don't get SS, because THERE IS NO SS DEFICIT.
SS is $2T in the black! SS taxpayers have already kicked it in.
No matter what your - right wing in this case - ideology, you can't get
around that. The SS Trust Fund is accounted for in black and white.
Everybody knows that.
If not they can go to the SS website to get educated.
That's a U.S. government debt like any other and has to come from
general revenue.
You can count on any change in SS being directed to extending SS Trust
Fund solvency. I don't see that accounted trust fund going away.
There is a limit to American voter stupidity.
Only a right winger would call a paid for old age pension system
"welfare."
All other 1st world countries call their version of SS
"old age pension."
You're welcome to call it what you want because we can freely speak
here. But most Americans who worked all their lives and now collect SS
will just say "**** you" if you tell them they're collecting welfare.
That's the difference between ideology and the real world.
As far as I can see all the other 1st world countries pay richer
benefits than the U.S. system.
Some don't even bother with a separate income stream, but fund it from
general tax revenues.


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Default Obama endorses slavery

On Tue, 12 Apr 2011 16:58:59 -0400, wrote:

On Tue, 12 Apr 2011 12:11:19 -0500, Boating All Out
wrote:

You still don't get SS, because THERE IS NO SS DEFICIT.
SS is $2T in the black! SS taxpayers have already kicked it in.
No matter what your - right wing in this case - ideology, you can't get
around that. The SS Trust Fund is accounted for in black and white.
Everybody knows that.
If not they can go to the SS website to get educated.
That's a U.S. government debt like any other and has to come from
general revenue.


That would be true if the government had not spent every dime of that
money. Right now the $2T that SS calls an asset, the treasury calls a
debt. We can't even cover 60% of what we spend with our revenue. How
in the hell will the government ever pay back those SS bonds?



Only a right winger would call a paid for old age pension system
"welfare."


When it becomes a means tested benefit, having no relation to what you
paid in, it is welfare.


All other 1st world countries call their version of SS
"old age pension."
You're welcome to call it what you want because we can freely speak
here. But most Americans who worked all their lives and now collect SS
will just say "**** you" if you tell them they're collecting welfare.


What are they going to say when the government simply taxes away their
whole benefit because they make too much money. They already tax 85%
of SS if you make more than $32k. Bear in mind your FICA money was
after tax money so that is already double taxation and you ain't seen
nothing yet.


According to you.. someone who apparently has trouble with the facts.
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Default Obama endorses slavery

wrote:
On Tue, 12 Apr 2011 16:58:59 -0400,
wrote:

On Tue, 12 Apr 2011 12:11:19 -0500, Boating All Out
wrote:

You still don't get SS, because THERE IS NO SS DEFICIT.
SS is $2T in the black! SS taxpayers have already kicked it in.
No matter what your - right wing in this case - ideology, you can't get
around that. The SS Trust Fund is accounted for in black and white.
Everybody knows that.
If not they can go to the SS website to get educated.
That's a U.S. government debt like any other and has to come from
general revenue.

That would be true if the government had not spent every dime of that
money. Right now the $2T that SS calls an asset, the treasury calls a
debt. We can't even cover 60% of what we spend with our revenue. How
in the hell will the government ever pay back those SS bonds?



Only a right winger would call a paid for old age pension system
"welfare."

When it becomes a means tested benefit, having no relation to what you
paid in, it is welfare.


All other 1st world countries call their version of SS
"old age pension."
You're welcome to call it what you want because we can freely speak
here. But most Americans who worked all their lives and now collect SS
will just say "**** you" if you tell them they're collecting welfare.

What are they going to say when the government simply taxes away their
whole benefit because they make too much money. They already tax 85%
of SS if you make more than $32k. Bear in mind your FICA money was
after tax money so that is already double taxation and you ain't seen
nothing yet.


According to you.. someone who apparently has trouble with the facts.



What's really sad is how our tax dollars are wasted, instead of doing
good for the citizens. We should be slashing the military budget and
hitting corporations that export jobs with very special taxes, and, if
they head offshore, levy taxes on the goods and services they want to
sell here.
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First recorded activity by BoatBanter: Apr 2011
Posts: 134
Default Obama endorses slavery

In article ,
says...

wrote:
On Tue, 12 Apr 2011 16:58:59 -0400,
wrote:

On Tue, 12 Apr 2011 12:11:19 -0500, Boating All Out
wrote:

You still don't get SS, because THERE IS NO SS DEFICIT.
SS is $2T in the black! SS taxpayers have already kicked it in.
No matter what your - right wing in this case - ideology, you can't get
around that. The SS Trust Fund is accounted for in black and white.
Everybody knows that.
If not they can go to the SS website to get educated.
That's a U.S. government debt like any other and has to come from
general revenue.
That would be true if the government had not spent every dime of that
money. Right now the $2T that SS calls an asset, the treasury calls a
debt. We can't even cover 60% of what we spend with our revenue. How
in the hell will the government ever pay back those SS bonds?



Only a right winger would call a paid for old age pension system
"welfare."
When it becomes a means tested benefit, having no relation to what you
paid in, it is welfare.


All other 1st world countries call their version of SS
"old age pension."
You're welcome to call it what you want because we can freely speak
here. But most Americans who worked all their lives and now collect SS
will just say "**** you" if you tell them they're collecting welfare.
What are they going to say when the government simply taxes away their
whole benefit because they make too much money. They already tax 85%
of SS if you make more than $32k. Bear in mind your FICA money was
after tax money so that is already double taxation and you ain't seen
nothing yet.


According to you.. someone who apparently has trouble with the facts.



What's really sad is how our tax dollars are wasted, instead of doing
good for the citizens. We should be slashing the military budget and
hitting corporations that export jobs with very special taxes, and, if
they head offshore, levy taxes on the goods and services they want to
sell here.


Are you saying that military budget is a waste?
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