Comments (Page 31)
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The problem is governments get the people dependent on goverment money and then they run up tons of debt in just one generation and then they have to take all of the money away. All of these countries in Europe and the U.S. were only able to give out socialism for one generation, for the World War II generation. Greece is the same as here. It gave the WWII generation government pensions and social security and government health care and then when the next big generation began to go on those things, there is no big younger generation to pay for any of it so they it all collapses. That's why the local and state pensions are bankrupt, that's why SS and Medicare is bankrupt. It all goes under after paying one generation because the big working baby boomer generation that paid for all of it wants to retire now, so you would have to have triple their population in order to pay them. IN other words, you would have to have 240 million educated, working people to pay those 80 million baby boomers all of those state and local pensions and to pay for SS and Medicare.
The way it worked is that before the WWII folks, there were no government pensions or SS or Medicare. Then we had 80 million baby boomers go to college and get good paying jobs, so for the past 40 years they have carried SS, Medicare, Medicaid, state and local pensions, the tax base at large. And, the pensions were much smaller for the WWII people. Today you have tripled pension promises, SS at 5 times higher payments than when it started, and very expensive advanced medical expenses in Medicare, and, at the same time, the younger generation is about 55 percent Hispanics and blacks dropping out of high school and going onto welfare. So you have total collapse. NO way around it. In another year or two the pensions all collapse, the cities start filing for bankruptcy over their pension promises, SS and Medicare collapses, welfare will collapse. The dollar will collapse next year over the higher gas prices, and it's over peak oil so it's not going to go down, it's going to go up even higher. Plus we have no real GDP, we just buy stuff, and everyone is on the government, but we have no tax base to keep it all going. The U.S. is going to collapse from all of the promises it made to the baby boomers, from the younger people dropping out of high school and from the debt and it's not going to be able to raise the taxes to pay the state pensions nor SS nor Medicare. There's no way to do any of it. It's going to collapse like the Soviet Union did after a ten year war in Afghanistan. Those two wars are not paid for, there's no way in hell we could afford a war in Iran, nor anything else. We're at peak oil, so we are totally screwed. |
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Since: Aug 11
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there is articles I posted too, and CPA is very well to do and owns his own firm and wasnt the last of his class either, and that is why he does accounting for businesses he knows what he is talking about and I know myself just setting through company meetings. 12 Corporations Pay Effective Tax Rate of Negative 1.4% on $175 Billion in Profits; Reap $63.7 Billion in Tax Subsidies Exxon Mobil, Boeing, Verizon, Others Illustrate Why Revenue-Raising Reform is Needed http://www.ctj.org/pdf/12corps060111.pdf Full Disclosure for Corporate Welfare June 5, 2002 Two federal agencies, the Export-Import Bank and the Overseas Private Investment Corporation, lent Enron more than $1 billion for projects in far-flung locations around the globe. Most of those loans have not been repaid. How many taxpayers knew that their hard-earned income was being channeled into risky energy projects in India and Venezuela? How many would have approved of OPIC's loans to finance an Enron pipeline through sensitive South American tropical forests? The $2.1 trillion federal government runs thousands of programs through dozens of agencies, making it nearly impossible for taxpayers to track down full details about which businesses are feeding at the public trough. If one digs enough, one can find some lists of corporate welfare recipients for some programs at some agencies. Archer Daniels Midland, for example, received $7.5 million from the Department of Agriculture's Bioenergy program last year. But we don't know the total amount that ADM received from all agencies and all programs. http://www.cato.org/publications/commentary/f... |
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Since: Aug 11
Location hidden |
CATO Handbook for Policy Makers
Corporate Welfare & Earmarks http://www.cato.org/pubs/handbook/hb111/hb111... Corporate Welfare http://www.cato.org/pubs/handbook/hb108/hb108... |
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Since: Oct 09
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NO SHIT! Don't you love how these libtards are so generous with other people's money. |
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“Headed toward the cliff” Since: Nov 07
Tawas City, Michigan |
Oh give it a rest already. Nobody's goal is to bankrupt this country. You just sound like a complete ass when you make such comments. It may be the effect of all the deficit spending, but it certainly isn't the goal of EITHER side. Now go ahead and make another completely idiotic claim just to prove how stupid you are. |
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“Headed toward the cliff” Since: Nov 07
Tawas City, Michigan |
Do you people really think Obama's intention is to bankrupt the country to become some kind of dictator? Seriously?? That's what makes you all sound as ridiculous as the anti-Bush idiots. Disagreeing with policy is one thing, but you sound a bit nutty when you claim any politician "wants America to fail" or "wants to bankrupt the country" or some other nonsense. I guess it's only going to get worse over the next 6 months. |
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“have seen the years,” Since: Mar 10
and the slow parade of fears" |
"It was your boy Bush who stole an election (In Jeb Bush's FL, no less, plus the Supreme Court)." You got that right. You just left out Jeb's little sex toy, Katherine Harris. Funny how the republicans won't talk about that. |
Wow! Don't be so sensitive. But it's like a partisan hack to fire back a response with no substance. With such a brain dead argument, you obviously agree. By the way, I'm fine with the sarcasm, I'm a bit sarcastic myself. G'Day! With Love, Good Guy |
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Since: Oct 09
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Why should we talk about it anymore? Every recount showed bush won Florida except for gore's recounts. You remember the ones which threw out all the military absentee ballots and where gore only wanted to count the counties that were a majority of democrats and ignore the counties that were republican or independant? Of course you don't remember that little detail, you libtards never remember what corruption your POS politicians and presidents do....you're a hypocrite and are fully aware a liberal cannot win an election unless he lies about being a moderate or ACORN is involved. |
I know, huh?! Stupid liberals always have their hands on other peoples money!!! Scum! |
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You folks are very funny with your paranoia and ignorance |
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Neither social or corporate welfare are being used as the safty net they were intended to be. I guess greed is just human nature? Both need to be reigned in and I don't think it matters anymore which came first or who embezzles more. |
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Since: Jan 10
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Judged: 1 1 No, the intention is control. Get people hooked on Gov't handouts and they are easier to control. People get out of line, threaten cut backs. 47% of the country receives some form of Gov't assistance. The problem is that the Gov't promises far more then they can deliver. The current pols just pass the problems off to the next. Eventually the country will bankrupt. You are the one that calls everyone "sheeple" for following along. The country is on an unsustainable fiscal glide path. And you know it. |
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Since: Jan 10
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When the world comes crashing down -- the libs can always blame Bush. |
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1 post removed
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“Headed toward the cliff” Since: Nov 07
Tawas City, Michigan |
You make it sound like "the govt" is some kind of entity all its own. WE are the govt. WE THE SHEEPLE. Each and every one of us are responsible. We are the ones who demanded those promises in exchange for our votes. Blaming the politicians is the easy way out; it's the sheeple way out. |
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Since: Aug 11
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I totally agree both Social & Corporate Welfare are being abused thats for sure and are being used as intended. |
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Since: Aug 11
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CORRECTION I meant to say I totally agree both Social & Corporate Welfare are being abused thats for sure and are NOT being used as intended. |
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2 posts removed
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Since: Aug 11
Location hidden |
Judged: 1 1 1 people lived with out before believe it or not what you just described is Leninism. I do Believe back in 1920's when a small group of Academics & Union men Traveled to Russia to Visit Stalin & Trotsky, the trip changed the men's lives and help set the course of the New Deal which was based on Leninism & Russian People got the New Doctrine of Socialism called Stalinism. Lenin believed the Elderly & Disabled should have a right to society's products because they were not at fault for their condition. The elderly, in particular, had worked during their youth, and so could not be denied life’s basic necessities. The Soviet state accordingly provided a basic level of social security. He who does not work, neither shall he eat http://en.wikipedia.org/wiki/He_who_does_not_... |
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Judged: 1 1 |
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Yeah sure, you betcha!!! Ufda!!!! |
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