114
   

Where is the US economy headed?

 
 
okie
 
  -1  
Reply Mon 3 Jan, 2011 10:56 pm
@realjohnboy,
realjohnboy wrote:
His contention is that SS is a redistribution of wealth, going from current workers to retired ones.
That is also known as a "Ponzi Scheme," for which Bernie Madoff went to prison for operating one with investors money. We need to advertise the fact that the government, primarily the Democrats that started the program, lied or misrepresented it from the very beginning, and they are still hiding from the reality of the scheme's magnitude and deceit involved.
cicerone imposter
 
  3  
Reply Mon 3 Jan, 2011 11:21 pm
@okie,
okie, Why do always wear blinders? Both democrats and republicans have been guilty of using the social security trust fund since social security was implemented by "borrowing" that money and using it for current budgets, and report that as payables in the future.

Don't you have any understanding of how our government works?
0 Replies
 
parados
 
  1  
Reply Tue 4 Jan, 2011 08:10 am
@okie,
Quote:
I have predicted for a long time that eventually the government would eventually run the program into the ground, so that they would end up "means testing" social security.

Perhaps you missed Lindsey Graham on the Sunday shows. This is a GOP plan okie. Means test SS is required if you are serious about balancing the budget, but it appears you aren't.
okie
 
  0  
Reply Tue 4 Jan, 2011 12:07 pm
@parados,
parados wrote:
Quote:
I have predicted for a long time that eventually the government would eventually run the program into the ground, so that they would end up "means testing" social security.

Perhaps you missed Lindsey Graham on the Sunday shows. This is a GOP plan okie. Means test SS is required if you are serious about balancing the budget, but it appears you aren't.
I never said Republicans would not be proposing means testing. My point was that means testing is simply one of the solutions to a broken program. The real question is who created and broke the program? I say Democrats mostly. They started it and misrepresented it, and robbed the fund during the past few decades. Somebody will have to fix it, and means testing is one of the solutions that will have to be considered.

After all, it no longer matters what was promised people and who paid in how much, the guiding principle is: "To each according to their need and to each according to their ability." That is the typical principle resulting from abandoning freedom and personal responsibility for more socialism.
cicerone imposter
 
  1  
Reply Tue 4 Jan, 2011 12:14 pm
@okie,
Means testing is but one of the many options that have been open for decades during both republican and democratic administrations and congress. Blaming democrats as you usually do just shows you know nothing about how our government operates.

You never learn.
okie
 
  0  
Reply Tue 4 Jan, 2011 12:24 pm
@cicerone imposter,
cicerone imposter wrote:
Means testing is but one of the many options that have been open for decades during both republican and democratic administrations and congress. Blaming democrats as you usually do just shows you know nothing about how our government operates.
You never learn.
On the contrary, I have learned, and that is why I rightly blame most of the woes on Democrats. They are known as "big spenders," because they earned the name.
parados
 
  1  
Reply Tue 4 Jan, 2011 12:26 pm
@okie,
You don't solve problems by finding who to blame okie. You especially don't solve problems when you assign blame without facts.
cicerone imposter
 
  1  
Reply Tue 4 Jan, 2011 12:28 pm
@okie,
They are known as the big spenders and also the party that helped our country grow where most citizens enjoyed the benefits.

What are republicans known for? Recent unnecessary wars and bigger deficits. Job loss and the Great Recession.



H2O MAN
 
  -1  
Reply Tue 4 Jan, 2011 12:31 pm
@cicerone imposter,
Democrats talk about helping the little guy and helping the country, but they never follow through with their promises.
Democrats are the party of big meaningless talk, big taxes and big meaningless spending.
0 Replies
 
farmerman
 
  1  
Reply Tue 4 Jan, 2011 01:26 pm
@cicerone imposter,
Quote:
What are republicans known for? Recent unnecessary wars and bigger deficits. Job loss and the Great Recession.
I love "The Great Recession" its a summary of the last 3 years. If the GOP can help out maybe it can end . If the GOP is obstructionist still, then they are traitors.
H2O MAN
 
  0  
Reply Tue 4 Jan, 2011 01:43 pm
@farmerman,
The "traitors" have been in charge for the last 4 years.
0 Replies
 
H2O MAN
 
  -2  
Reply Tue 4 Jan, 2011 04:24 pm
Who said this?


"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."
spendius
 
  1  
Reply Tue 4 Jan, 2011 04:30 pm
Who is this Glenn Beck guy. I've just been watching him on Fox. He's fascinating. I don't know which extreme of the sanity spectrum he's at but it is one of them.
okie
 
  0  
Reply Tue 4 Jan, 2011 05:06 pm
@spendius,
He is a news commentator, good guy that does good work, and very sane, probably far more sane than many posters here.
okie
 
  0  
Reply Tue 4 Jan, 2011 05:12 pm
@parados,
parados wrote:
You don't solve problems by finding who to blame okie. You especially don't solve problems when you assign blame without facts.
You certainly do not solve problems until you correctly identify the problem. The problem is overspending and the creation of huge entitlements, which now comprise much of the budget. Obama is in process of creating more entitlements as we speak, one called Obamacare. Another was Bush's Prescription Drug Plan, so big spending Republicans are also part of the cause the problem. We need to avoid electing Democrats because most of them are big spenders, and we also need to avoid electing big spending Republicans. We need conservatives that believe in balanced budgets, thats who we need.
okie
 
  0  
Reply Tue 4 Jan, 2011 05:14 pm
@farmerman,
farmerman wrote:
If the GOP is obstructionist still, then they are traitors.
If a congressman obstructs legislation that seeks to undermine the country, that is not being a traitor, that is being a patriot. It is the go along to get along folks, supporting anti-American and destructive policies, they are the traitors.
cicerone imposter
 
  1  
Reply Tue 4 Jan, 2011 05:21 pm
@okie,
okie, It's wonderful that you know how to use words like "undermine the country," but you need to be more specific.

You must be able to show through our Constitution how any legislation "undermines the country?"

0 Replies
 
realjohnboy
 
  1  
Reply Tue 4 Jan, 2011 05:55 pm
@spendius,
Spendi: In your country, as I understand it, the tv networks (BBC & Sky) are regarded as being balanced in their reporting. Would you agree with that? The newspapers (like the Guardian and the Telegraph) are, in the words of one pundit, not about "news" but about "commentary." Commentary papers-not newspapers.
Would you agree with that observation?
In the U.S. the allegations of bias spread throughout every medium: tv, radio, newspapers, magazines and, of course, even A2K.
We Americans are prone to more skeptical of what we are being told, I think.
(Sometimes I can't quite grasp how serious you are about things you write. But I might respond as best as I can).
spendius
 
  0  
Reply Tue 4 Jan, 2011 06:11 pm
@realjohnboy,
I don't really know John. I gave up reading newspapers a long while ago. Flattened out wood pulp with ink inserts designed to flatter various sections of the population by telling them what they are eager to know.

Classified advertising is where it's at. Births, Marriages and Deaths, Wills, Houses for Sale, Plant Machinery and Tools, Articles for Sale, Temptations to ring Premium phone lines, Personal Services.

I got to the point of having no use for any of that but it was a big influence on my life.

Generally speaking, if the editor has a large mortgage the paper will be opposed to raising interest rates.

I would like to be a serious person but, alas, it isn't easy.
cicerone imposter
 
  1  
Reply Tue 4 Jan, 2011 06:16 pm
@spendius,
spendi, It's no wonder you're still living in the last century. I now understand why you mention all those long-gone authors of yesteryear. Believe it or not, times have changes, and you're partially participating in this new media called the internet.

You reveal how "old fashioned" you still are by your posts. You should try climbing into the current century by reading and listening to media; but you still must use caution before you believe everything you see or hear. You just go into the extreme by ignoring all news.
 

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