July 2005 AARP Posts
I have encountered the tactic of the continuous insult in another arena, when dealing with professional bill collection agencies. The game is to demean the client in to submission and then payment.
I wonder if this situation may be a "USA NEXT Senior Education program"
http://www.thereisnocrisis.com/node/3076
http://www.thereisnocrisis.com/files/blogpac-usanext-02282005.pdf
WHICH "LIBERAL" LEAKED THE NAME OF A CIA OPERATIVE. Has dissent been criminalized as in the old USSR ?
You said " I suspect, however, that we would have a much weaker economy than we have now, since both Gore, and Kerry are dedicated socialists who would have continued the spendthrift squandering of the Reagan economy that Clinton did." Please note fig.1
Chart from " OLDBLUE "
Then again we could look at The poverty rate Fig.2
How about the increases in family income created by Bush. Fig.3
Well maybe a look at job creation due to the 1.6 Trillion dollar tax cut ?
Fig.4
Lets take a look at how we stack up against other wealthy countries in the area of child poverty. Fig5
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
Maybe you can come up with some thing
The SSA has survived for 70 years for one reason IT WORKS.
This is the reason why SSA is in trouble
In 1937 " The I hate the SSA lobby " won the first battle over SSA funding(1) (2). This set the stage for this continuous increase in the FICA tax mess. Fig1
From 2004 SSA Condition Report
FDR set the SSA finances up to take advantage of compound interest on the SSA Trust, from the first ten years to effectively pre-pay benefits for future generations. FDR was over ruled by congress in this matter and , we lost big time. We are still paying for this mistake today. This how we shifted to a pay as we go system.
FDR's system is the envy of the world .
THE CBO AND SSA LINKS WERE DUG OUT BY "WMHART1" THESE EVENTS WERE NOT MENTIONED IN THE SSA's HISTORY HTML PAGE TABLE ?
I DID NOT SAY ROVE LEAKED THE NAME. Some one in the Bush administration did.. I CONSIDER ROVE TOO INTELLIGENT TO COMMIT SUCH A STUPID ACT But some body did, more than likely a " a wannabe " a close but no banana. But how can I call Bush a traitor ? Remember the loose nut A. Colter and TREASON. IS ANY BODY GOING TO BELIEVE JFK LBJ CARTER and CLINTON are traitors. Please don't demean yourself like that. Dissent is " The American way of life ".
In order to accomplish the stated goal of the NE-CON's, to DESTROY SSA . BUSH will force this country into a recession at a time when CHINA is growing at 7% to 8% GDP. Fig.1
DATA FROM THE EIA
BUSH'S policies are leading us to occupation and subordination by the Chinese business industrial complex. We are going to become china's " jail house B!tch ". If Bush either guts the SSA or implements his brand of SSA reform, we will become just a super power again. Not the world leader Bush thinks he is.
China will expand it's sphere of both economic and military influence through out the fare east in one to two easy pushes beginning with Taiwan and ending with the Philippines and a controlled sea rout to the middle east oil fields of Saudia. This is the onerous potential Bush legacy.
In the "Sadam" lunatic state there was another game going " keep the nut happy ". Tell him what he wanted to hear. So you can keep your job and your head. Also some one forgot that to seal the borders before the troop build up. Only the good lord knows what left that country. The problem is, all of these possibilities do not justify INTENTIONAL LIES. To be conned by the same folks that were conning "Sadam" is one thing but to create a lie is quite another. As a card carrying LIBERALI say Bush 41 should have finished the job . The CIA should have put a hit on him the day after he was elected President. Then maybe a 500,000 people would not have died because of that nut.
From: cheard10 5:22 am To: 91203
"Well, most of them, since they adopted the method of "Borking" a nominee. "
The " Borking " use to go on in the "Oval Office". At one time a long long time ago a President felt honored to have the opportunity to appoint a Supreme Court Justice. At one time true independence was a plus, not a reason for suspicion and rejection. They wanted a judges judge. Not some one who has his own set of personal laws and preconceived notions of how a certain type of case should be decided. At one time this was a "stopper at the Oval Office". Now having a " set agenda " is the only way you can be considered for the job. What a mess AND THAT CUTS ALL WAYS. Which is paramount, the law or your agenda ?????
http://www3.capwiz.com/y/issues/votes/?votenum=361&chamber=H&congress=1091
Looks like the House is still in the ball game. There is still hope !!!!
May be the House can write a law to codify the property rights of Americans in the matter of emanate domain
THIS IS THE RESOLUTION PASSED BY THE HOUSE
THIS SEARCH THIS DOCUMENT GO TO Next Hit Forward New Bills Search Prev Hit Back HomePage Hit List Best Sections Help Contents Display
Bill 2 of 2
There is 1 other version of this bill.
| GPO's PDF Display | Congressional Record References | Bill Summary & Status | Printer Friendly Display - 4,233 bytes.[Help] |
Whereas the takings clause of the fifth amendment states `nor shall private property be taken for public use, without just compensation'; (Engrossed as Agreed to or Passed by House)
HRES 340 EH
Whereas the takings clause of the fifth amendment states `nor shall private property be taken for public use, without just compensation';
Whereas upon adoption, the 14th amendment extended the application of the fifth amendment to each and every State and local government;
Whereas the takings clause of the 5th amendment has historically been interpreted and applied by the Supreme Court to be conditioned upon the necessity that Government assumption of private property through eminent domain must be for the public use and requires just compensation;
Whereas the opinion of the majority in Kelo et al. v. City of New London et al. renders the public use provision in the Takings Clause of the fifth amendment without meaning;
Whereas the opinion of the majority in Kelo et al. v. City of New London et al. justifies the forfeiture of a person's private property through eminent domain for the sole benefit of another private person;
Whereas the dissenting opinion upholds the historical interpretation of the takings clause and affirms that `the public use requirement imposes a more basic limitation upon government, circumscribing the very scope of the eminent domain power: Government may compel an individual to forfeit her property for the public's use, but not for the benefit of another private person';
Whereas the dissenting opinion in Kelo et al. v. City of New London et al. holds that the `standard this Court has adopted for the Public Use Clause is therefore deeply perverse' and the beneficiaries of this decision are `likely to be those citizens with disproportionate influence and power in the political process, including large corporations and development firms' and `the government now has license to transfer property from those with fewer resources to those with more'; and
Whereas all levels of government have a Constitutional responsibility and a moral obligation to always defend the property rights of individuals and to only execute its power of eminent domain for the good of public use and contingent upon the just compensation to the individual property owner: Now, therefore, be it
- Resolved, That--
- (1) the House of Representatives--
- (A) disagrees with the majority opinion in Kelo et al. v. City of New London et al. and its holdings that effectively negate the public use requirement of the takings clause; and
- (B) agrees with the dissenting opinion in Kelo et al. v. City of New London et al. in its upholding of the historical interpretation of the takings clause and its deference to the rights of individuals and their property; and
- (2) it is the sense of the House of Representatives that--
- (A) State and local governments should only execute the power of eminent domain for those purposes that serve the public good in accordance with the fifth amendment;
- (B) State and local governments must always justly compensate those individuals whose property is assumed through eminent domain in accordance with the fifth amendment;
- (C) any execution of eminent domain by State and local government that does not comply with subparagraphs (A) and (B) constitutes an abuse of government power and an usurpation of the individual property rights as defined in the fifth amendment;
- (D) eminent domain should never be used to advantage one private party over another;
- (E) no State nor local government should construe the holdings of Kelo et al. v. City of New London et al. as justification to abuse the power of eminent domain; and
- (F) Congress maintains the prerogative and reserves the right to address through legislation any abuses of eminent domain by State and local government in light of the ruling in Kelo et al. v. City of New London et al.
Attest:
Clerk.
THIS SEARCH THIS DOCUMENT GO TO Next Hit Forward New Bills Search Prev Hit Back HomePage Hit List Best Sections Help Contents Display
A Monrovia California property owner is about to loose his business to eminent domain. Tonight the Monrovia city council voted to go ahead with the property seizure. The next step is the courts.
Monrovia is trying to size a auto repair shop to put up another business redevelopment project on that conner. This is right down the line of the recent court ruling. The Monrovia city Council is meeting as I type this. They can't wait to grab property.
The problems with " privatization " Bush style are characterized by the cost. Fig.1
This is too much new debit to drop on Gen Y and and their children. The next problem is the fact that no money is provided to stabilize the current law system and it's beneficiaries. The " New RNC plan " is more of the same basic idea borrow Trillions and don't fix the SSA problem. To date the administration approved plans all make the SSA solvency problem worse, accelerate the projected draw down of the SSA Trust.
This is the actuarial imbalance as per the SSA's actuaries.fig2
As can be seen in fig.2 the projected short fall is 1.92% of GDP in this chart. There are many other ways to correct this projected problem SSA Trust fixes. Mix and match select those of your choice this 1.92% to 2.0% can be made up with out borrowing Trillions of dollars and mortgaging our grand children's futures. The administrations " wild and whacky " concept of borrowing TRILLIONS of dollars to fix a simple projected problem is the height of irresponsibility in lieu of the pending CHINA GROWTH CRISIS. fig.3
We need a strong debit free economy to keep up with the Chinese growth rate. Before the Bush administration came to power the House of Representatives put together a short list " things to accomplish " in a SSA Trust fix this was during the Clinton administration! This is what they said then
The guy is a senior and he saved all his life to own a business and now the Monrovia CA city council wants to construct a condo complex on his lot . The current zoning is mixed use light industrial. Looks like he is in trouble he may not have much money, it looks a low budget operation. The City offered him $750,000.00 He just wants to run his shop. If the framers of the Constitution had intended strict constructionist interpretation the Constitution would be the size of the LA County phone book, a foot thick. The constitution must grow and change with the times. Would you like to revisit woman's suffrage ? May be we could throw out one hundred years of case law, that makes sense, or just the ruling s you don't like the law does not work that way and it never will Let's go through it one sentence at a time.
They wrote
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
This is the preamble Here in the scope of the constitution is set forth. Looks to me that the framers want ed every body in the country is to be covered by the constitution(1). They want to create a legal system for all (2). They want to keep the country quiet and peaceful (no internal or civil wars ) (3). Set up a national way to defend the country as a hole(4). The framers wanted to in some respects take care of every body in the country(5). They wanted every body to be as free as possible and they wanted their children to be free for ever(6).
Can we agree on this Then why did these so called "conservatives" come up with this abomination. May be they just "blew it". On KCAL 9 I saw a guy in Monrovia CA who is up against the city they want to take his business to put up a condo complex. The city council last night decided to go ahead with the land seizure. The business owner was offered $750k to move his a$$ out of the way and have a nice day. They are off to court , the city says that his auto repair business contributes to crime in the area, and must go. Another senior hits the street.
Out here $750k buys a 2 to 3 bedroom house . That is true the shots from KCAL 9 that were aired showed that the exterior needed to be cleaned up. For a auto repair facility the needed clean up would be easy. Most of what I saw on tv said he was running a " home brew shop " working in the open in front of the building on the lot. This implies that there are no inside lifts. A pair of 3.5 ton lifts should run about $7k to $8k. plus a air and grease system $1k, and a clean up. I don't understand how they connect him to a local crime problem.
The idea of a " partner ship " of government and private business for the only expressed purpose of generating a profit at the expense of another individual(s). Where the profit is split between the jurisdiction and another private party. This is a perversion of eminent domain. This opens the flood gates to the destruction of whole communities in the name of increased tax revenue and private profits. The resultant displacement of thousands of people at a crack will devastate our cities and threaten to destroy affordable housing availability.
From:
gre456
5:48 pm
To:
91203
You said
"This all well and good except the current monetary system is broke and has been so for many years. Just look at Bonds,a company has Bonds when they wish to raise money for a project that they don't have the money for. In effect it is a loan. That's exactly what our government has done. If they were so well secure, we wouldn't have bonds in the first place.
In the end it is the people who pay for the bonds that the government takes out. It's a lose -lose situation. So I may take out a savings bond,but on the other hand I am paying the interest to myself. Because as a citizen,I end up paying for it in more ways than one."
The current " Monetary system " is working fine. The SSA is a miracle of careful craftsmanship and outstanding design. There is no other on this planet that can compare to it. To start out with no funding looking for office space, a pack of jackals looking to destroy it from its inception. Winning their most significant victory(1) (2) . To prevent the SSA from being fully funded as a pre paid system and force the SSA into the mold of a pay as you go system. The SSA has done a great job and will continue to improve a grow provide benefits for 40 million plus per year for decades to come.
The current projected short fall if it occurs will require about 3,999 Million dollars as per the SSA actuaries. The question is where is the money going to come from. SSA Trust fixes. is a list of fixes that the SSA actuaries have modeled and the results are listed.
This is a chart of the projected imbalance in percent of GDP.
The projected imbalance is 1.92% it's that simple. The only thing that is broken is the Bush SSA reform plan, whose costs are depicted here.
Note the cost of the Bush plan over the first 20 years. This is as much as the cost of the SSA short fall. Also note the Bush plan does not fix the short fall. If the cost of the Bush plan is added to the cost to correct the projected actuarial imbalance, you have about 8 Trillion dollars. 4 Trillion vs 8 Trillion, go figure. The local PD should bust him and seize the property if he is running an chop shop of sorts. $750k will buy a lot equipment for the local PD. A low cost business improvement loan should be made available to him and others in the area as part of any redevelopment project. If he is still open for business he has a triple sump clarifyer in the garage to pass the BAR inspection and the SQAMD and LA county inspections. What is going on. The only thing that had changed is the HARITAGE FOUNDATION has moved into a leadership position in the RNC. Thus the I hate SSA lobby has greater support and influence in the RNC leadership. It is very simple the Bush administration is out to destroy the SSA. What is truly sad is these folks are a capitalist hieratics . The capitalist wants more customers in large and well off markets. This customer base is essential to sustained growth in the US economy .see Fig1
AS can be seen the boomers are a 2 Trillion dollar customer base. Why the Bush administration wants to destroy this cash cow by having half of them retire to poverty is a mystery. Absolute stupidity. This is just two of the a number of regulatory agencies that can have " official inspections "and undercover look arounds. In CA if you are open as a auto repair facility you have satisfied these folks. You have invested thousands of dollars to meet their minimum standards. As to the appearance problems they are easy to solve. The city of Monrovia is also on this list with a business license and hazardous waste storage permits. Keeping a auto repair facility open in CA is not easy. You would think the Monrovia city council would want to keep the local business around and in business. Since this place is open and running the business has met a long list of state, county and city requirements, ( the regulators So cal AQMD BAR The City of Monrovia) . The business fronts on a very busy 4 lane street .
The kind of money that these redevelopment comities through around this guy is small change, with his clean up needs.
Then open a 401k and have a nice day. Please don't ask me and every other American to shoulder up to 15 Trillion in new debit so you can play the market. I don't want the US economy weakened in the face of fig,1
CHINA IS COMING AND COMING BIG TIME TURN ON THE NEWS THERE HAS BEEN A SERIES OF EXPLOSIONS IN LONDON SOME WERE ON BUSSES AND OTHERS WERE IN THE UNDERGROUND,
THERE WAS NO QUID PRO QUO, That is just a coincidence nothing to worry about. The republicans are the party of FAMILY VALUES. The BAR is the Bureau of Automotive Repair must inspect and certify the facility. The shop must have certain tools to complete certain repairs computers to fix engine performance problems and the required hand tools the air system must be licensed and tested. The facility has to have a waste storage permit for oil and small quantities of gasoline the clarifier is needed because the floor must be washed so people can stand up and walk around. Out here no antifreeze can be spilled or washed off into the storm drains . there can be no water run off from the site. The rules are heavy duty and you will be fined for violations. The city can also impose restrictions equal to the state and county laws . This is what all automotive repair shops in Southern California live with. It is rough.
From:
91203
Jul-6 3:12 pm
To:
cheard10
(168 of 189)
22643.168 in reply to 22643.154
Let's go through it one sentence at a time.
They wrote
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
This is the preamble Here in the scope of the constitution is set forth. Looks to me that the framers want ed every body in the country to be covered by the constitution(1). They want to create a legal system for all (2). They want to keep the country quiet and peaceful (no internal or civil wars ) (3). Set up a national way to defend the country as a hole(4). The framers wanted to in some respects take care of every body in the country(5). They wanted every body to be as free as possible and they wanted their children to be free for ever(6).
Can we agree on this
I have seen the BU!L ! now lets see the beef of your argument. Put or shut up. Are You ready to bring it and bring it big time.
WHAT WE NEED IS A JUDGE ON THE SUPREME COURT WHO IS INTERESTED IN THE LAW NOT A SIMPLE MINDED IDEOLOGY . SOME ONE WHO IS SMART ENOUGH TO AT LEAST ASK SOME BODY IF THEY DON'T UNDERSTAND THE LAW IN A GIVEN CASE. I DON'T WANT A "LIBERAL" ON THE COURT I WANT A GREAT JUDGE THAT SAYS " SHOW ME " WHY SHOULD I BELIEVE YOU , " GOT PROOF " CITE IT DUMMY OR DON'T SAY IT. PARK THE POLITICS AT THE DOOR, NO B.$. SPOKEN HERE. What is wrong with the Attorney General, ? is it because he is a person who happens to be a conservative and has a real functional brain and can think on his own with out the direction of the NE-CON, EVANGELICAL MOVEMENT ? Just because he doesn't BROWN NOSE AT THE NE-CON EVANGELICAL ALTER DOES THAT MAKE HIM ANY LESS QUALIFIED. Any dummy can adopt an ideology created by another group or person and follow the rules they set forth. A Supreme Court Justice must be able to think on his own. May be a little history will help you AU H2O ( Barry Goldwater ) suggested Mrs. O'Conner to Reagan . Reagan sat down went through what I call "Borking". He talked to her to see if he thought she had what it takes to be part of his legacy on the Court. He didn't go to the ACLU , Reagan didn't ask Pat Robertson for permission to nominate O'Conner He and his staff sounded her out to see if she was a LOON. Then she was approved by a What good is a Supreme Court Justice that doesn't understand the law or worse doesn't care about the law. What good is a Justice who tailors his rulings to fit an ideology and not the case before him/her and the applicable case law. What use is a Supreme Court Justice that " gives Rove a call to see how "W" WANTS THIS ONE DECIDED".
NOW WE CAN PUT THE FOLLOWING STATEMENT IN IT's PROPER CONTEXT.
"The conservative movement has passed into history ."
Pat Buchanan
Why don't I feel better ?
THE NE-CON EVANGELICAL bowel movement has replaced the conservative movement. The NE-CON EVANGELICALS want to turn the United States of America into THE UNITED THEOCRATIC STATES of AMERICA. They hope to accomplish this via NE-CON EVANGELICAL CONSERVATIVE ACTIVIST JUDGES.
P.S. I am not into name calling and, I understand "it", The Constitution DO YOU ? BORK sunk his own ship buy loading it up with a cargo of " loose cannon balls ". These loose cannon balls consisted of "off the wall " speeches he gave over his career strange rulings that didn't match the law and his own statements . Bork himself said he was a " strict constructionist ".
FYI A "STRICT CONSTRUCTIONIST" BELIEVES THAT ONLY THAT WHICH WAS WRITTEN BY THE " FRAMERS " SHOULD BE PART OF THE CONSTITUTION, NOTHING ELSE
Bork's problems were bork's creation , no transference please. THE DRUNKEN SAILOR ARGUMENT DOESN'T MAKE IT RIGHT.
Here is the three out comes chart used by BUSH. Fig 1
Bush is projecting a recession in the 2030 to 2080 time frame. The official GDP projection is for 1.8% growth. This is as close to a recession as one can get with out having negative growth. Given the threat that China poses in the area of global economic dominance Bush wants to run the national debit up to 20+ Trillion dollars so some can play the " market " with apportion of their SSA FICA tax.
Are these the actions of a responsible President ? There is a list of SSA Trust fixes, that will correct the imbalance , if it happens.
If the GDP growth rate averages just 1.1% higher than the administrations estimate , there is no problem. Under this situation out come " I " is the most likely SSA Trust balance scenario. If you want the USA to be CHINA's " jail house b!tch " enact the Presidents SSA reform plan.
WE THE PEOPLE ARE IN A HORRIBLE SITUATION
IF the SSA's intermediate ( II ) does not happen and we end up with some thing like the "low cost " out come ( I ). We are still in big trouble. The simple growth rate in the CHINESE economy will strain us to the max just to stay even with our present living standards. China is going to start to compete for oil and natural gas on the open market fig.1
Are the NE-CON EVANGELICAL CONSERVATIVES in the real world ? China is trying to BUY UNOCAL to supply China not with oil but natural gas. Their economy is going to keep growing like fig. 2
If they are buying like that to support a population growth like fig.3
Their GDP GROWTH is going through the roof fig.4
THE BASIC QUESTION IS WHAT IS MORE IMPORTANT TO THE NE-CON EVANGELICAL CONSERVATIVE ACTIVIST, a poor quality almost a 401k or a strong American economy ???? Just trying to e nice, pseudo economic double babble does not impress me.
The price of gold is a standard of the 60's and 70's ,Up date your NE-CON EVANGELICAL CONSERVATIVE BABBLE !! you say you are disgusted you should be and so should all Americans who believe in the capitalist system. The NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS are about to defy one of the basic rules of of their lot DON'T DESTROY YOUR CUSTOMER BASE. With China growing as a world class competitor . The largest single block of consumers to ever exist in the United States nears retirement ,.the NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS want to pull the plug on the one program that has keeps over 40 million people out of abject poverty. The boomer generation is the largest consumer block in this country. Fig.1
One would think a smart capitalist would want to see how to funnel money TO this group of customers ( so they can keep spending in retirement ). Creating jobs and a continued need for more goods and services. A smart capitalist knows his/her market and will do all he/she can to improve his/her market not do his/her best to destroy That market. These NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS are not capitalists, they are not so called patriots, what they are I can't understand. Why risk creating a recession for a no yield almost a 50% margin 401k. I said as close to a recession as possible, 1.8%GDP GROWTH as projected by Bush's official SSA stump speech. Also see Fig.1
From the SSA Condition report at http://www.ssa.gov/OACT/TR/TR05/V_economic.html#wp180099
1The unemployment rates for 2015 and later are adjusted to the age-sex distribution of the civilian labor force in 2003. All other rates are unadjusted.
2The average annual interest rate is the average of the nominal interest rates, which, in practice, are compounded semiannually, for special public-debt obligations issuable to the trust funds in each of the 12 months of the year.
3The U.S. civilian labor force concept is used here.
4Total of civilian and military employment in the U.S. economy.
5The real GDP (gross domestic product) is the value of total output of goods and services in 2000 dollars.
1 Historical levels of real GDP are from the Bureau of Economic Analysis' (BEA) National Income and Product Accounts (NIPA). Historical total hours worked is an unpublished series provided by the Bureau of Labor Statistics (BLS), and is for all civilian and military wage and salary workers and the self-employed.
you said
Investing is not playing...in fact it is the opposite of playing. Investing creates the market that supports the incredible living standard of Americans today. Investing stimulates new industries and new jobs. Investment encourages more wealth being created... wealth that raises the living standard for all of us.
Is this creating wealth ???
By doing this to the national debit fig.2
Chart from " OLDBLUE "
And adding this ????
Looks like we are going down the " TUBE " JUST WHEN CHINA IS COMING AND COMING BIG TIME .FIG 4
China's GDP is going to grow faster than ours will !!
DID YOU HERE CHINA WANTS TO BUY UNOCAL JUST FOR THE NATURAL GAS, !! NOT THE OIL!!!!!
The NE-CON EVANGELICAL ACTIVISTS want us on our knees before the world begging " PLEASE BUY OUR DEBIT "
I can't speak Mandarin and simplified Chinese is a mystery to me. I don't have the money to " out source my life " to another country. The U S A is it !!!!
The price of gold is a red herring meaningless it is a commodity just like coffee. It is no longer used as a monetary standard.
YOU SAID
People deserve the freedom to invest their SS to get a better return, and investing is good for America. You worry about the Chinese threat, well, investment in USA businesses and corporations makes us wealthier, stronger, and better able to compete.
Okay lets talk Freedom. One JANICE JOPLIN said " FREEDOM IS JUST ANOTHER WORD FOR NOTHING LEFT TO LOOSE " Is this the kind of freedom you want. The year is 2050 the national debit stands at 20 Trillion And we need to modernize our navy to secure the SOUTH PACIFIC and assure access to Japan and The Philippines. Where are we going to get the money. The over all number of people living in poverty will be near the 70 MILLION mark if the Bush plan is adopted, ( assuming 30% losers in the Bush plan ). These folks did not meet the " 6% " . Who in their right mind is going to loan us money, by buying more of our debit. How are we going to redeem the bonds issued to the SSA Trust ? If in 2017 to 2020 we had defaulted on these bonds then the number in poverty would be more like 120 MILLION. IS THIS THE FREE WORLD YOU WANT TO DUMP ON THE YET TO BE BORNE ?? Just so you can have a BUSHED PRIVATE PLAN . WHY GO 20 TRILLION IN DEBIT IF WE DON'T HAVE TO ????
SSA Trust fixes. is a list of SSA modifications that can bring the system into actuarial balance. Mix and match as needed. There are many plans to improve the SSA that don't destroy the benefit structure of the SSA and don't borrow 20 TRILLION over the next 60 years. This private plan only costs 4 TRILLION and it fixes the SSA Trust solvency problem. " OLDBLUE' HAS A "97 PERCENT SOLUTION". THERE ARE A LOT OF PLANS THAT FIX THE SOLVENCY PROBLEM AND COST A LOT LESS THAN 20 TRILLION OVER 60 YEARS. Should we just borrow money because we can ????
What will this borrowed 20 TRILLION do for the American children who live in poverty ? Will the Bush private plan help this situation.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
THIS IS AMERICAN CHILD POVERTY.
force 3
employment 4
GDP 5
7/09/2005 Posts
7.9.05 posts
YOU SAID
As long as the American economy rewards innovation and hard work (instead of taxing it to oblivion as they do in Europe), there is no limit to what we can accomplish.... even to the point of taking care of the SS problem.
If you believe in the American capitalist system why not spend 20 TRILLION to fund N A S A
My approach to the SSA Trust solvency issue is this:
(1) H. J. Res 32 this is my guide, how close a fit is a proposed plan to the requirements of this resolution.
(2) I deal in concrete and direct facts, all that is important is the actuarial imbalance fixed , yes or no.
(3) The next consideration is cost, is there a cheaper way to accomplish the same goal.
(4) Is the proposed plan legal under current law.
My criteria are simple and to the point no bu!!.
So says our inferious leader
If you cut benefits to widows and minors you will move the U. S. down this list.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
Do you want the US to be LAST
What I don't under stand is the Colterits of some posters in this thread. The name calling is a affront to the last 200 years of U. S. history. I am a LIBERAL and I will say this Bush is simply flushing that toilet. The minuet Sodom took power he started killing people. Marching folks out of the hall where he was appointed President of Iraq. He could not wait a day and have a semblance of a trial, he had to have these people shot ASAP. What gals me is the " I don't care attitude of the administration to the solders at the tip of the spear. Some body can't find body armor, the guys need armor plated trucks, and humv's , the plant that handles the conversion is working 40 hours per week???? The Congress has to be embarrassed into raising the pay of the non-coms and lower in the ranks. Now there is a question as to the truth of the data supplied by the administration on WMD ???? Why lie? Sadom is scum he has killed 100's thousands why lie??
When suddenly there no hearing rooms available for congressional inquires into credibility of the " Downing Street memo " it looks like Bush managed to screw up a wet dream. What will the NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS MESS UP NEXT, OUR ECONOMY.
"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ". GEORGE W. BUSH on 03/ 31/05
So says our inferious leader
What's wrong does this chart say it all about the REAL CHRISTIAN VALUES OF THENE-CON EVANGELICAL CONSERVATIVE ACTIVISTS.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
CAN ANY THING BE CLEARER , the money goes where the NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS hart is. For this is the only value, the only thing of importance.
NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS WOULD LIKE TO REVERSE THIS TREND !!!!
May be you would like to run these folks into the street to.
The compassionate ne-con shows his colors
How well do you speak Chinese ? Can you read simplified Chinese ?
When it comes to the RNC controlled Congress the mindset is that of borrow and spend. The Bush SSA plan is the model.Fig.1
This is supposed to be the answer to the problem that is depicted below.Fig.2
From SSA
The missing amount is $3,999 Million over the next 75 years. If all we need is $3,999 million over 75 years, why borrow $20, 000 million over the next 60 years and not fix the SSA Trust short fall ??? This is the logic that probably offends you. Yes join the club !! You can find other ideas at
If you think poverty is limited to the third world look at this.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
THIS IS WHERE WE STAND THIS MAY BE LOST ON THIS BOARD BUT HERE GOES
If anyone has read a newspaper that person may have noted the intention of the Chinese government to purchase UNOCAL for around 16 billion or what ever it takes. They have already made an offer for Maytag ( not sure how that is going ) the point is this the Chinese GDP growth rate is here.Fig 1
This is the Growth rate of an " INDUSTRIALIZING " society. The Chinese are importing cars, oil, oil field equipment and refining equipment as fast as they can, to satisfy the demands of the Chinese people. The Chinese government is trying to ( RIDE THE DRAGON ). The Chinese government is not having a " nice day " ( MARX IS WINNING IN A VERY PERVERSE WAY ) . THE PEOPLE ARE DEMANDING MORE AND MORE. The " people want clean air , the people want cars , the people want TV's , The people are beginning to drive the government , with their consumer demands. Computers , clothes, Gucchie, Housing. STAR WARS. How do you keep them down on the farm once they seen " THE O. C. , BAY WATCH , a MERCEDES or a BMW. Their object is to keep them placated and obedient so they can stay in power.
The " hard liners" are after Taiwan and control over the Japan to main land sea routs, and a secure route to the middle east oil fields and the ability to project power through out
The far east. The reformers want FREEDOM a true tug of war
With the NATIONAL DEBIT LOAD of the Bush plan and other " approved " RNC SSA Reform plans how are we going to compete with this new China. This is our GDP growth to 2005.
We can't afford to needlessly drive our NATIONAL DEBIT OFF THIS CHART, WITH $20 TRILLION IN NEW DEBIT OVER THE VERY 60 YEARS THAT WILL BE THE DECIDING YEARS IN THE GROWTH OF CHINA. WHICH WAY WILL THEY BREAK WAR OR PEACE.
Chart from " OLDBLUE "
Will you jeopardize the security interests of the U.S. to own a retirement plan so bad only the President can sell it and not risk going to jail. Who obtained the AARP membership for you? With this post you said you were not alive during the 70's . The " VEGA " plant is a prime example of how NOT to manage workers.
Why bring a SADISTIC venomous nature to the discussion. The very workers you try to demonize have built this country. They have built every thing from the buildings you live in to the Space Shuttle. You are alive because of them ,you eat at their behest, They are the consumer buying power that drives our economy. You dare to call them over paid, you don't know what you are talking about . Toyota saves money by opening plants here in the U.S., and paying the going rate for labor in the area. How is life as a SADISTIC NE-CON EVANGELICAL ACTIVIST who doesn't understand how to capitalize on a good thing when it is given to him.
A $2 Trillion plus market and all the wiz kids can talk abut is how to destroy it.
MOST CAPITALISTS KNOW THEY NEED MORE CUSTOMERS
Let's talk the " BUSH ECONOMY "
The first bo bo made by BUSH The BOONDOGGLE TAX CUT
This tax cut was to energize the economy and create millions of jobs.
CHART BY "OLDBLUE"
The projections were glorious
CHART BY "OLDBLUE"
We are still growing just a little slower thanks " W ".
How about house hold income
Well that is kind of flat not moving to well
Poverty rate?
Census Data
Well the poverty rate is growing slowly that is good right ???
We have just a little work to do here we can't let Mexico pass us
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
We will be just fine if stay ahead of Mexico right???
The GDP is growing again
Of course the debit from the BOONDOGGLE tax cuts is building up.
Chart from " OLDBLUE "
"W's " idea of a good way to borrow and spend $20 TRILLION over the next 60 years
To fix a $3.999 TRILLION dollar problem. This president is a budget whiz
ANOTHER SADISTIC NE-CON EVANGELICAL ACTIVIST MESS FOR US TO WADE THROUGH.
I found some links you may be interested in The SSA has survived and thrived despite the best efforts of the " I hate the SSA lobby " since it's inception in 35' . The first shot was a congressional denial of funding for office space. Yes the SSA started out "HOMELESS" looking for a place to stay. The next major shot was a decision by congress that the SSA system would become a " pay as you go " system instead of the " prepaid "system FDR had designed(1) (2). This can be seen in this historical chart of the FICA TAX. FDR wanted at start up to increase the FICA TAX over the first 10 years to produce a " pre paid " system for future generations. FDR was over ruled by a republican congress.
fig.1
From the SSA
Note the the flat spot from 35' to 47' that has produced all the increases that followed. What we are seeing is the activation of the SADISTIC NE-CON EVANGELICAL ACTIVIST and these people are trained in the art of deflection and redirection of attention away from a untenable position by " MR. ED'S " ( J. Edgar Hoover ) " MASTERS OF DECEIT " . This book was a must read in Gillan's Senior English class at Central High. These people are pro trained propagandists. If you can locate a copy of this book read it BUSH HAS BUSH " 41 " has a very serious out look on th Plame affair.
"Even though I'm a tranquil guy now at this stage of my life, I have nothing but contempt and anger for those who betray the trust by exposing the name of our sources. They are, in my view, the most insidious of traitors." That's from a speech on April 26, 1999.
BUSH 41 ON THE PLAME affair.
Biden is as expected a little upset
"The fact that he didn't give her name, but identified the ambassador's wife ... doesn't take a rocket scientist to figure out who that is," Biden said on CNN's "Inside Politics." "If that occurred, at a minimum, that was incredibly bad judgment, warranting him being asked to leave."
JOE BIDEN
Yes it doesn't take a rocket scientist to figure out what needs to be done. Later Rove I thought you were smarter than that, by by. Blame the Congress that decided to change the SSA to a "PAY AS YOU GO" system. FDR designed a "PRE PAID" system. Congress over ruled(1)(2) him by not instituting the required tax increases during the start up phase of the SSA . See fig.1 note the freeze at 2%.
All of the problems we are facing now stem from this stupid decision. We are paying for their greed and simple mindedness. Let's not REPEAT their mistake.
This is a LENINIST SADISTIC NE-CON EVANGELICAL ACTIVIST and these people are trained in the art of deflection and redirection of attention away from a untenable position by " MR. ED'S " ( J. Edgar Hoover ) " MASTERS OF DECEIT " . This book was a must read in Gillan's Senior English class at Central High. These people are pro trained propagandists. If you can locate a copy of this book read it BUSH HAS. There is another document that will make clear the words of this group.http://zfacts.com/metaPage/lib/Cato-Heritage-1983-Lenin-Plan.pdf MR. ED's book Is the best definition of the Leninist propaganda machine around. The Lenin pdf is how the RNC has pressed the " Leninist propaganda machine " to their strategy of SSA destruction. THIS POST REPRESENTS THE EPITOME OF THE POWER OF THE AARP's MESSAGE BOARDS.
From:
theshadownos
1:31 pm
To:
Johnnycasey unread
Did you like Ike? "Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are... a few... Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and they are stupid." -- Dwight D. Eisenhower, 1890-1969 34th American President November 8th, 1954 Excerpted from the Presidential Papers of Dwight D. Eisenhower:
THE FREE EXCHANGE OF INFORMATION.
When many people have the ability to test a idea, to plug numbers into a provided eq. , see how a give situation may apply to them and others, "over simplification", "glittering generalities", and "name calling" are all exposed for what they are, PROPAGANDA. From this post I can say it looks like " PAPA'S GOT A BRAND NEW BAG "
" MR. ED'S " ( J. Edgar Hoover ) " MASTERS OF DECEIT " . A must read !!
http://zfacts.com/metaPage/lib/Cato-Heritage-1983-Lenin-Plan.pdf
AARP IS INVOLVED IN A SEARCH FOR TRUTH . Tis a simple yet most essential endeavor the noblest pursuits by far In the words of one little girl THEY'RE BACK !!!
And this time they want it ALL. Control of Congress, Control of the courts, and control of our lives
The AARP and it's message boards are the ultimate threat to DEMAGOGIC SADISTIC NE-CON EVANGELICAL ACTIVISTS. Here the propaganda machine meets it's match, many eyes and many points of view in a open forum exchanging UNFILTERED INFRMATIOM YOU SAID
"In other words, no personal abuse to a poster. Doing so destroys any vestige of a free exchange of ideas. Do you get this important principle?"
"Incredible hypocrisy from the lying coward who has attempted to impugn my character, in concert with his co-liar and coward, cactusrose, by issuing a challenge, and then running from multiple acceptance of that challenge!
I repeat, OMF, you are not worthy to judge to morals of a crack dealer.
VERY WELL SAID. (1) Painting with a board brush (2) Glittering generalities (3) name calling then coming back with (4)a final name calling, EXQUISITE LENIN WOULD BE PROUD OF YOU ! Unfortunately we are facing another problem that the Congress and the people of the 1930's didn't have . The data quality question. Is the data clean ? Are the assumptions of the " actuaries " actually the most accurate, or is it skewed to enhance the position of the administration. If one looks at Fig.1 , what must be described as a economic collapse starting in 2020 must take place, in order to force the SSA Trust into insolvency . This collapse is essential to the administration's assertions of a of a SSA Trust short fall. WILL IT HAPPEN , OR MAY BE NOT ! . It may be of benefit to look into the possible socio-economic and demographic information that can be projected into this time frame. WILL CHURCHES BE NEXT ON THE EMINENT DOMAIN BLOCK ?
http://www.cnsnews.com//ViewNation.asp?Page=\Nation\archive\200507\NAT20050715a.html How did you come up with the research , wow these are the SADISTIC NE-CON EVANGELICAL ACTIVISTS at play??? This is fun to them????? Should we run the Bush Supreme Court nominees through the " SEX OFFENDERS DATA BASE " just to be sure ?? DAAAAAAAAA YOU AND YOUR HUSBAND ARE USING YOUR HEADS , AND THE SSA SYSTEM IN THE CORRECT MANOR !!!
Two tiers of RISK. This is a developing RETIREMENT INCOME PORTFOLIO This is a good example of risk management and investment savvy.
The SSA system was set up to become a " pre-paid " system in the first 10 years by a series of FICA TAX increases. The Republican in congress over ruled(1)(2) FDR and converted SSA to the " pay-as-you-go " system we see today. The Republicans left the SSA HOMELESS for several years by cutting out the office space funding at start up.
Note the flat spot near 1935 this is our present from that years RNC leadership. Their stupidity has been a gift that has kept on giving problems for the last 70 years.
It is a miracle SSA survived. The problems we see today started with the same folks who want to FIX SSA WITH CARVE OUT PRIVATE ACCOUNTS. These people are still out to destroy the SSA by any means possible. What I can't figure is Novak, he meets with Rove just before he spilled the name in an article, WHY IS NOVAK WALKING THE STREETS , HE SHOULD BE DOING THE CHAIN GANG SHUFFLE. Am I to believe Novak got the name out of thin air, made it up. If Rove didn't tell him who did? Sounds like it is " SECURITY CLEARANCE REVIEW TIME REPLETE WITH LIE DETECTOR AND, ANY OTHER SCREENING SYSTEMS AVAILABLE ."
It seams just too outlandish for Rove to do such a stupid thing. The pimple is Novak pop him.
I DON'T LIKE ROVE BUT THIS IS THE HEIGHT OF STUPIDITY. IS THIS OBVIOUS OR WHAT. I KNOW THAT IF THIS WAS ME OR YOU WE'D END UP IN A " GITMO BLACK HOLE ( NO WHERE) " WHAT GIVES When I see a gang assault on a poster with one "glitering generalities" another pair of "deflectors " then two " name callers " I think USA NEXT out to destroy the AARP by "infiltration" The approved methodology of Cato Heritage. BRING IT I'M READY GILLAN LEFT US WELL PREPARED. I didn't tell Cato- Heritage to embrace Lenin's methods and tactics.
WITH RESPECT TO THE PLAME AFFAIR
THIS IS MORE SERIOUS THAN MANY ON THIS BOARD MAY BELIEVE
We will never know how many people died because of this MESS. Now Rove is writing e-mails to security officers at the White House to report on his meeting with Novak????
THERE IS SOME THING NOT BEING SAID, THE FACT THAT PLAME'S NAME AND STATUS WAS KNOWN BY OTHERS POSSIBLY VIA INDEPENDENT MEANS IS A LIVING NIGHTMARE . THIS IS THE ONLY EXPLANATION FOR NOVAK WALKING THE STREET. Remember when a when HARD DRIVE went missing at Los Alamos ? The HARD DRIVE never left the building but heads rolled because of a misplaced HARD DRIVE. IF THERE IS A OUT SIDE "ENTITY" AT WORK HERE THIS COULD BE ONE OF THE MOST DANGEROUS SECURITY BREACHES IN THE HISTORY OF THE U.S. Teflon??? Novak should be held in a " UNDISCLOSED LOCATION ". This is not leaking a soon to be public SSA or DOL report early. This is MURDER CLEAR AND SIMPLE .
This is not about the DEMS and REPUB's this is about non citizens who risked their lives to help The United States of America. And I know that many have died because of this TREASONOUS ACT . DEATH IS THE PRICE THAT THE LIKES OF PLAME PAY FOR FAILURE. We all fall or back into some of the traps set forth in MASTERS OF DECEIT , trying to use the English language is hard. When I see a systematic abuse of these message boards by PURE PROPAGANDISTS with a unknown agenda I must say some thing . I have read spirited debate , anger but targeted distortions, misrepresentations and name calling, that is too much. Since I could sit up straight in a diaper I have watched and tracked people like HHH , Au H2O, Byrd, Derksen, Rostencousky , LBJ JFK NIXON , IKE, going around and around on many issues. This current battle over the future of the SSA is critical to the survival of the USA. The outing of a covert CIA operative is an act of TREASON, EQUIVALENT TO MURDER. This is a DIG for facts more important than the BUSH administration and, every one in it. The Dems would be well served to search for TRUTH amidst the rubble of administrations efforts to minimize and deflect blame, not one persons resignation. TRUTH is the ULTIMATE POWER feared by all who wish to deceive. Should not her net work have been passed on to the next operative? If she had been deactivated. What was the extent of her contacts READ http://www.ssa.gov/history/reports/crsleghist3.html
When the Act was debated in Congress, prominent Republicans in the House and Senate made attempts to delete the provisions creating the old-age pension system. They said they preferred to rely solely on the assistance (charity/welfare) approach to help the aged. They argued that the payroll tax/insurance mechanism of the old-age benefits provisions might be unconstitutional and that it would impose a heavy tax burden on businesses that would retard economic development. Members of the minority stated, in the Ways and Means Committee's report to the House, that the old-age benefits program (Title II) and the method by which the money was to be raised to pay for the program (Title VIII) established a "bureaucracy in the field of insurance in competition with private business." They contended further that the program would "destroy old-age retirement systems set up by private industries, which in most instances provide more liberal benefits than are contemplated under Title II.(1) Although some party members tried to remove the old-age benefits provisions, the majority of Republicans in both chambers nevertheless did vote for the final Social Security bill. During congressional debate, Democrats generally supported the proposed old-age benefits program.
THEY'RE BACK !!!!!!
The SADISTIC NE-CON EVANGELICAL ACTIVISTS are of a mold that is old school " praise the lord and pass the collection plate " ( I need the money ! ) . To be a good christian you must give me your money. Here the money is passed out of the government to the hands of F.O.G. ( FRIENDS OF GEORGE ). Roll into town bleed them dry and move on. Life of the evangelical rip off artist . Now they have moved into the White House and they are not going to leave with out a fight. Now theSADISTIC NE-CON EVANGELICAL ACTIVISTS want our country. For years they were on the fringes of the DNC as part of the Reagan revolution they moved to near RNC center stage. Bush has completed their integration into the RNC leadership. Now the SADISTIC NE-CON EVANGELICAL ACTIVISTS are in command of the RNC . The push for more " EVANGELICAL FRIENDLY " U.S. is under way and we are in big trouble. I see 2 reasons why Novak is free 1 this is a CIA created mess. 2 Novak was able to show that others not in the current " loop " knew of Plame's job via independent information paths. Some how Plame was common knowledge before he talked to Rove or any one else in the administration. This is scary, but as soon as a person is labeled a CIA " spy " any reporter with a brain will slow down and reconsider publication of that person's name and job description. I personally don't think much of Novak but like Rove I can't see him working hard to end up in an "UNDISCLOSED LOCATION" under arrest. OF CHECK OUT THE LA TIMES
FRONT PAGE ARTICLE. http://www.latimes.com/news/nationworld/nation/la-na-leak18jul18,0,4779848.story?coll=la-home-headlines
This Findlaw article on the 1917 Espionage Act is the cover for this leaks(leakers) coffin(s) this could be a joint effort a conspiracy to commit theft of "classified information " and improperly dispose of said information.( leaking it to the media in dribs and innuendo ). By creating a round robin of cross connecting and seemingly conflicting actions.? There is on problem here that of "MOTIVE" if the point was to discredit Wilson by implying that the investigative trip to Niger was a "personal vacation junket" set up by Wilson's wife. All involved should have known the CIA status of Wilson's wife. That should have been part of the " White House version of the final report under " how and who ordered this report and, methodology of information gathering. How can a nobody like Wilson be that important. Question :
Has this prosecutor obtained and reviewed That anti SSA argument was settled in 1937it is leagel The SSA system was set up to become a " pre-paid " system in the first 10 years by a series of FICA TAX increases. The Republican in congress over ruled(1)(2) FDR and converted SSA to the " pay-as-you-go " system we see today. The Republicans left the SSA HOMELESS for several years by cutting out the office space funding at start up.
Note the flat spot near 1935 this is our present from that years RNC leadership. Their stupidity has been a gift that has kept on giving problems for the last 70 years.
The current problem is simple we have a projected short fall that will total just about 4 TRILLION DOLLARS IN 2080. This is the "UNFUNDED LIABILITY". In 2080 the SSA year end balance sheet will be 4 TRILLION in the red. In order to prevent this projected occurrence some thing must be done. The Bush administration has come up with a plan that is a joke. See fig.1
This plan will cost 4.9 TRILLION the first 20 years and will not fix the SSA short fall of 4 TRILLION over the next 75 years. It is just a waste of time and money. To date all the RNC approved plans will not fix the SSA short fall.
SSA Trust fixes. is a list of SSA fixes that the SSA actuaries have come up with . When Bush and others say they don't know any other way to fix the problem they are lying.
It is a miracle SSA survived. The problems we see today started with the same folks who want to FIX SSA WITH CARVE OUT PRIVATE ACCOUNTS. These people are still out to destroy the SSA by any means possible. Now is the time to " GET DOWN GET MEAN AND GET UGLY !!!!!. If one looks at fig .1 the basis for the Bush SSA meltdown is evident if one ad hears to outcome II.
From the SSA 2004 Condition Report
Why out come II instead of out come I in order to asses this one must look at fig.2
As the table shows ( NOTE THE GDP NUMBERS ) our economy will begin to under go a slowdown starting in 2020. This slow down is the basis for out come II in the " Three out comes chart ". I think it is the duty of each American to be concerned about this slow down. This slow down represents the beginning of the " BOOMER RECESSION ". The boomer recession is due to the fact that when the majority of the boomers retire they will retire to 40% up to 80% of their pre retirement income. If the income of a person drops by 20% to 60% then it is only logical that the persons spending will also drop by at least that much. This is the current boomer spending see fig.3
Wow that is a lot'a bucks out the window and down the tube. About $874 BILLION in consumer spending lost (@ a 40% income drop ) to our economy. This is not a good idea to push in a capitalist society. One of the basic corner stones of the capitalist system is growth. With out growth we as capitalists are DEAD. We must find a way to sustain and nourish a healthy and growing economy.
The Bush administration has proposed a solution to this problem.fig.4
This is a silly fix
The RNC has approved other " fixes ", but all make the solvency problem worse.
SSA Trust fixes. is a list of fixes that the SSA actuaries have tested on their models of the SSA Trust. The most costly is $4 TRILLION number 11 on the list. This is a 2% increase in the FICA tax.
If you again look at out come I on the three out comes chart you can see a short draw down in the SSA Trust balance and a inflection back to continued growth in the SSA Trust fund balance. Out come I is the one we should work for. This out come or an approximation there of is what SSA Trust fixes. can produce if the right combination of these small tweaks can be found. The problem is very simple we need about 4 TRILLION over 75 years in new effective revenues.
Now there is another possibility. The economic out look used to develop this out come is here If one looks at this table and notes the GDP column it can be seen that there is leveling off of GDP growth but no slump below the 2% growth rate level. This table tells me that if the economy can generate better than 2.6% growth for the balance of this century we won't have to worry about the SSA Trust fund .
As much as I would like to demand Roves removal the question is, is Rove the leak , or is he a part of the leakers. Plugging the leak is the first the only and the paramount task. Bush Rove Cheney . Libby Novak. They are all potential unimportant impediments in this investigation. Their spin doctors are so much babble. Now if in light of the "Three out comes chart" fig.1
From The SSA Condition Report
If you look at out come I you can see a short draw down in the SSA Trust balance and a inflection back to continued growth in the SSA Trust fund balance. Out come I is the one we should work for. This out come or an approximation there of is what SSA Trust fixes. can produce if the right combination of these small tweaks can be found. The problem is very simple we need about 4 TRILLION over 75 years in new effective revenues.
Now there is another possibility. The economic out look used to develop this out come is here If one looks at this table and notes the GDP column it can be seen that there is leveling off of GDP growth but no slump below the 2% growth rate level. This table tells me that if the economy can generate better than 2.6% growth for the balance of this century we won't have to worry about the SSA Trust fund . The problem is this Valerie Plame and Mrs. Wilson are one and the same person. A moron may not be able to figure this out but a good reporter, a "reasonable man " who is known to routinely check the maiden name of all married women that are part of a story. Will WHAT IS YOUR DEFINITION OF THE WORD "IS" BUT IF THE PEOPLE WHO ARE MOVING IN ARE LIBERALS WHAT HAPPENS TO THE NUMBERS OF LIBERALS IN THE STATE !!!!! The first thing to happen is loss of all clearances and, it gets worse from there . In treason cases there is no bail, it is straight to jail, the undisclosed location.
What causes me the most concern is the fact that Rove REPORTED HIS CONVERSATION WITH NOVAK TO A WHITE HOUSE SECURITY OFFICER. Is there some thing else wrong here? Ok Rove did mess up ( life in an undisclosed location ) Why is Novak still running the streets??? As I have said many times there is some thing else going on , maybe a cover up or is there something else, another problem here. This case is simple on the surface from here it looks like Rove leaked to Novak. Novak goes to jail. Rove is next. Libby should follow. WHY IS NOVAK FREE !! In his zeal to discredit Wilson's report Rove's spin machine may have gone over the line. There was no need to say " Wilson's wife sent her husband " this was and is the link. Rove , if he read the report generated by Wilson, should have known the " METHODOLOGY " of the information gathering that was done. the " CIA status " of the reporting CIA personnel should have also been apparent. To any question concerning V. Plame The answer should have been " I DON'T KNOW ". THIS IS WHAT THE GRUNT TOLD"
AS I remember it was one of the Bush Administrations spinsters on Meet The Press said " Wilson's wife sent him to Niger " . This was a no no . He tried to down play the information obtained as the result of a vacation junket. Face it Rove was playing with fire and he got burned. But there must be something missing. Novak is free. Rove holds a clearance and he is bound by these rules
I will say again this simple order, it matters not what any one else may or may not know.
Yes words have meaning " IF ANYBODY ASKS ABOUT CLASSIFIED THINGS THE ANSWER IS " I DON'T KNOW SIR ". REFER HIM/HER TO YOUR COMMANDING OFFICER . YOU DO NOT CONFIRM OR DENY. " THIS IS THE SIMPLE TRUTH. STAY OUT OF TROUBLE. IF YOU PLAY YOU MAY GET BURNED. SOMEBODY GET THE MESSAGE TO THE LOONS ON CAPITAL HILL "OPEN MOUTH INSERT FOOT( WITH LEG ) "
If you don't Know who J. EDGAR HOOVER is where did you get your AARP membership, who obtained the membership for you so you could play on theses boards. This is a hint . THERE IS A BUILDING IN WASHINGTON ( FBI HEADQUARTERS ) CALLED THE HOOVER BUIILDING?????!!!!!! ARE WE GOING TO HAVE MORE " PROHIBITION " STYLE LAWS OUT OF OUR SADISTIC NE-CON EVANGELICAL ACTIVISTS IN CONGRESS ? YES OF COURSE, UNTIL WE CAN FLUSH THAT TOILET IN THE WHITE HOUSE AND DISINFECT THE HOUSE AND SENATE.
AMERICANS BEWARE THE U.T.S.A. COMETH.THE UNITED THEOCRATIC STATES OF AMERICA Brought to you by Bush's .SADISTIC NE-CON EVANGELICAL JUDICIAL ACTIVISTS ON THE SUPREME COURT Bush is doing his best to spread the Texas quality of life across the country. Would any body believe the Bush mantra is
money money money money money money money money MONEY MAKES THE WORLD GO ROUND, WORLD GO ROUND. WORD GO ROUND..MONEY MAKES THE WORLD GO ROUND IT'S THE MOST IMPORTANT THING PERHAPS A LITTLE DEMOCRATIC BLEACH AS DISINFECTANT TO SCRUB THE HOUSE CLEAN Get a grip and get a life SADISTIC NE-CON EVANGELICAL ACTIVISTS are doomed to have a lonely life. The one God OF ALL has stated " WE ARE OUR BROTHER'S KEEPER " !!! IF I HAD A CHANCE TO VOTE AGAINST SENATOR BUNING'S TAX CUT I WOULD!
Chart from " OLDBLUE "
This is a true BOONDOGGLE rip off The reason for the current problem started in 1937 when the " ANTI SSA TRUST " lobby won a freeze(1)(2) in the FDR prescribed FICA tax increases needed to create a " PRE-PAID " SSA system, they wanted a "pay as you go" fig.I
See the flat spot this is the 4 TRILLION dollar short fall. PUT LIPSTICK ON A PIG AND IT'S STILL A PIG These folks consisted of conservative republicans and stupid democrats. Together each for his own reasons killed the scheduled tax increases. We should all thank them for our current problems with SSA.
<.P
ALL GOVERNMENT
documentation and records both electronic and paper that refers to Plame and her husband , all document tracking info including transmittal distribution / requestor records, both electronic and paper for the term of Plame's CIA employment. To track who requested information on Plame and or her husband and when. In an effort to determine which People were in the same physical location and, may have had access both legal and or illegal. Now would be the best time for such a subpoena every body has had a chance to lie and spin their tale. Now cross and compare this list with the phone and contact information from all interviewees to date for the last 8 years.
THE LEAK MUST BE PLUGGED
" IT's THE ECONOMY "
In light of the most recent events this thread is a joke some thing like the epitome of HYPOCRISY. If one can contend that political dissent with the administration means you are automatically a TRAITOR. What does that make ROVE , LIBBY and, NOVAK, Al Quida.
So says our inferious leader
If you cut benefits to widows and minors you will move the U. S. down this list.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
Do you want the US to be LAST
What I don't under stand is the Colterits of some posters in this thread. The name calling is a affront to the last 200 years of U. S. history. I am a LIBERAL and I will say this Bush is simply flushing that toilet. The minuet Sodom took power he started killing people. Marching folks out of the hall where he was appointed President of Iraq. He could not wait a day and have a semblance of a trial, he had to have these people shot ASAP. What gals me is the " I don't care attitude of the administration to the solders at the tip of the spear. Some body can't find body armor, the guys need armor plated trucks, and humv's , the plant that handles the conversion is working 40 hours per week???? The Congress has to be embarrassed into raising the pay of the non-coms and lower in the ranks. Now there is a question as to the truth of the data supplied by the administration on WMD ???? Why lie? Sadom is scum he has killed 100's thousands why lie??
When suddenly there no hearing rooms available for congressional inquires into credibility of the " Downing Street memo " it looks like Bush managed to screw up a wet dream. What will the NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS MESS UP NEXT, OUR ECONOMY.
"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ". GEORGE W. BUSH on 03/ 31/05
So says our inferious leader
What's wrong does this chart say it all about the REAL CHRISTIAN VALUES OF THENE-CON EVANGELICAL CONSERVATIVE ACTIVISTS.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
CAN ANY THING BE CLEARER , the money goes where the NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS hart is. For this is the only value, the only thing of importance.
NE-CON EVANGELICAL CONSERVATIVE ACTIVISTS WOULD LIKE TO REVERSE THIS TREND !!!!
May be you would like to run these folks into the street to.
The compassionate ne-con shows his colors
How well do you speak Chinese ? Can you read simplified Chinese ?
When it comes to the RNC controlled Congress the mindset is that of borrow and spend. The Bush SSA plan is the model.Fig.1
This is supposed to be the answer to the problem that is depicted below.Fig.2
From SSA
The missing amount is $3,999 Million over the next 75 years. If all we need is $3,999 million over 75 years, why borrow $20, 000 million over the next 60 years and not fix the SSA Trust short fall ??? This is the logic that probably offends you. Yes join the club !! You can find other ideas at
If you think poverty is limited to the third world look at this.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
THIS IS WHERE WE STAND THIS MAY BE LOST ON THIS BOARD BUT HERE GOES
If anyone has read a newspaper that person may have noted the intention of the Chinese government to purchase UNOCAL for around 16 billion or what ever it takes. They have already made an offer for Maytag ( not sure how that is going ) the point is this the Chinese GDP growth rate is here.Fig 1
This is the Growth rate of an " INDUSTRIALIZING " society. The Chinese are importing cars, oil, oil field equipment and refining equipment as fast as they can, to satisfy the demands of the Chinese people. The Chinese government is trying to ( RIDE THE DRAGON ). The Chinese government is not having a " nice day " ( MARX IS WINNING IN A VERY PERVERSE WAY ) . THE PEOPLE ARE DEMANDING MORE AND MORE. The " people want clean air , the people want cars , the people want TV's , The people are beginning to drive the government , with their consumer demands. Computers , clothes, Gucchie, Housing. STAR WARS. How do you keep them down on the farm once they seen " THE O. C. , BAY WATCH , a MERCEDES or a BMW. Their object is to keep them placated and obedient so they can stay in power.
The " hard liners" are after Taiwan and control over the Japan to main land sea routs, and a secure route to the middle east oil fields and the ability to project power through out
The far east. The reformers want FREEDOM a true tug of war
With the NATIONAL DEBIT LOAD of the Bush plan and other " approved " RNC SSA Reform plans how are we going to compete with this new China. This is our GDP growth to 2005.
We can't afford to needlessly drive our NATIONAL DEBIT OFF THIS CHART, WITH $20 TRILLION IN NEW DEBIT OVER THE VERY 60 YEARS THAT WILL BE THE DECIDING YEARS IN THE GROWTH OF CHINA. WHICH WAY WILL THEY BREAK WAR OR PEACE.
Chart from " OLDBLUE "
Will you jeopardize the security interests of the U.S. to own a retirement plan so bad only the President can sell it and not risk going to jail. Who obtained the AARP membership for you? With this post you said you were not alive during the 70's . The " VEGA " plant is a prime example of how NOT to manage workers.
Why bring a SADISTIC venomous nature to the discussion. The very workers you try to demonize have built this country. They have built every thing from the buildings you live in to the Space Shuttle. You are alive because of them ,you eat at their behest, They are the consumer buying power that drives our economy. You dare to call them over paid, you don't know what you are talking about . Toyota saves money by opening plants here in the U.S., and paying the going rate for labor in the area. How is life as a SADISTIC NE-CON EVANGELICAL ACTIVIST who doesn't understand how to capitalize on a good thing when it is given to him.
A $2 Trillion plus market and all the wiz kids can talk abut is how to destroy it.
MOST CAPITALISTS KNOW THEY NEED MORE CUSTOMERS
Let's talk the " BUSH ECONOMY "
The first bo bo made by BUSH The BOONDOGGLE TAX CUT
This tax cut was to energize the economy and create millions of jobs.
CHART BY "OLDBLUE"
The projections were glorious
CHART BY "OLDBLUE"
We are still growing just a little slower thanks " W ".
How about house hold income
Well that is kind of flat not moving to well
Poverty rate?
Census Data
Well the poverty rate is growing slowly that is good right ???
We have just a little work to do here we can't let Mexico pass us
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
We will be just fine if stay ahead of Mexico right???
The GDP is growing again
Of course the debit from the BOONDOGGLE tax cuts is building up.
Chart from " OLDBLUE "
"W's " idea of a good way to borrow and spend $20 TRILLION over the next 60 years
To fix a $3.999 TRILLION dollar problem. This president is a budget whiz
ANOTHER SADISTIC NE-CON EVANGELICAL ACTIVIST MESS FOR US TO WADE THROUGH.
I found some links you may be interested in The SSA has survived and thrived despite the best efforts of the " I hate the SSA lobby " since it's inception in 35' . The first shot was a congressional denial of funding for office space. Yes the SSA started out "HOMELESS" looking for a place to stay. The next major shot was a decision by congress that the SSA system would become a " pay as you go " system instead of the " prepaid "system FDR had designed(1) (2). This can be seen in this historical chart of the FICA TAX. FDR wanted at start up to increase the FICA TAX over the first 10 years to produce a " pre paid " system for future generations. FDR was over ruled by a republican congress.
fig.1
From the SSA
Note the the flat spot from 35' to 47' that has produced all the increases that followed. What we are seeing is the activation of the SADISTIC NE-CON EVANGELICAL ACTIVIST and these people are trained in the art of deflection and redirection of attention away from a untenable position by " MR. ED'S " ( J. Edgar Hoover ) " MASTERS OF DECEIT " . This book was a must read in Gillan's Senior English class at Central High. These people are pro trained propagandists. If you can locate a copy of this book read it BUSH HAS BUSH " 41 " has a very serious out look on th Plame affair.
"Even though I'm a tranquil guy now at this stage of my life, I have nothing but contempt and anger for those who betray the trust by exposing the name of our sources. They are, in my view, the most insidious of traitors." That's from a speech on April 26, 1999.
BUSH 41 ON THE PLAME affair.
Biden is as expected a little upset
"The fact that he didn't give her name, but identified the ambassador's wife ... doesn't take a rocket scientist to figure out who that is," Biden said on CNN's "Inside Politics." "If that occurred, at a minimum, that was incredibly bad judgment, warranting him being asked to leave."
JOE BIDEN
Yes it doesn't take a rocket scientist to figure out what needs to be done. Later Rove I thought you were smarter than that, by by. Blame the Congress that decided to change the SSA to a "PAY AS YOU GO" system. FDR designed a "PRE PAID" system. Congress over ruled(1)(2) him by not instituting the required tax increases during the start up phase of the SSA . See fig.1 note the freeze at 2%.
All of the problems we are facing now stem from this stupid decision. We are paying for their greed and simple mindedness. Let's not REPEAT their mistake.
This is a LENINIST SADISTIC NE-CON EVANGELICAL ACTIVIST and these people are trained in the art of deflection and redirection of attention away from a untenable position by " MR. ED'S " ( J. Edgar Hoover ) " MASTERS OF DECEIT " . This book was a must read in Gillan's Senior English class at Central High. These people are pro trained propagandists. If you can locate a copy of this book read it BUSH HAS. There is another document that will make clear the words of this group.http://zfacts.com/metaPage/lib/Cato-Heritage-1983-Lenin-Plan.pdf MR. ED's book Is the best definition of the Leninist propaganda machine around. The Lenin pdf is how the RNC has pressed the " Leninist propaganda machine " to their strategy of SSA destruction. THIS POST REPRESENTS THE EPITOME OF THE POWER OF THE AARP's MESSAGE BOARDS.
From:
theshadownos
1:31 pm
To:
Johnnycasey unread
Did you like Ike? "Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are... a few... Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and they are stupid." -- Dwight D. Eisenhower, 1890-1969 34th American President November 8th, 1954 Excerpted from the Presidential Papers of Dwight D. Eisenhower:
THE FREE EXCHANGE OF INFORMATION.
When many people have the ability to test a idea, to plug numbers into a provided eq. , see how a give situation may apply to them and others, "over simplification", "glittering generalities", and "name calling" are all exposed for what they are, PROPAGANDA. From this post I can say it looks like " PAPA'S GOT A BRAND NEW BAG "
" MR. ED'S " ( J. Edgar Hoover ) " MASTERS OF DECEIT " . A must read !!
http://zfacts.com/metaPage/lib/Cato-Heritage-1983-Lenin-Plan.pdf
AARP IS INVOLVED IN A SEARCH FOR TRUTH . Tis a simple yet most essential endeavor the noblest pursuits by far In the words of one little girl THEY'RE BACK !!!
And this time they want it ALL. Control of Congress, Control of the courts, and control of our lives
The AARP and it's message boards are the ultimate threat to DEMAGOGIC SADISTIC NE-CON EVANGELICAL ACTIVISTS. Here the propaganda machine meets it's match, many eyes and many points of view in a open forum exchanging UNFILTERED INFRMATIOM YOU SAID
"In other words, no personal abuse to a poster. Doing so destroys any vestige of a free exchange of ideas. Do you get this important principle?"
"Incredible hypocrisy from the lying coward who has attempted to impugn my character, in concert with his co-liar and coward, cactusrose, by issuing a challenge, and then running from multiple acceptance of that challenge!
I repeat, OMF, you are not worthy to judge to morals of a crack dealer.
VERY WELL SAID. (1) Painting with a board brush (2) Glittering generalities (3) name calling then coming back with (4)a final name calling, EXQUISITE LENIN WOULD BE PROUD OF YOU ! Unfortunately we are facing another problem that the Congress and the people of the 1930's didn't have . The data quality question. Is the data clean ? Are the assumptions of the " actuaries " actually the most accurate, or is it skewed to enhance the position of the administration. If one looks at Fig.1 , what must be described as a economic collapse starting in 2020 must take place, in order to force the SSA Trust into insolvency . This collapse is essential to the administration's assertions of a of a SSA Trust short fall. WILL IT HAPPEN , OR MAY BE NOT ! . It may be of benefit to look into the possible socio-economic and demographic information that can be projected into this time frame. WILL CHURCHES BE NEXT ON THE EMINENT DOMAIN BLOCK ?
http://www.cnsnews.com//ViewNation.asp?Page=\Nation\archive\200507\NAT20050715a.html How did you come up with the research , wow these are the SADISTIC NE-CON EVANGELICAL ACTIVISTS at play??? This is fun to them????? Should we run the Bush Supreme Court nominees through the " SEX OFFENDERS DATA BASE " just to be sure ?? DAAAAAAAAA YOU AND YOUR HUSBAND ARE USING YOUR HEADS , AND THE SSA SYSTEM IN THE CORRECT MANOR !!!
Two tiers of RISK. This is a developing RETIREMENT INCOME PORTFOLIO This is a good example of risk management and investment savvy.
The SSA system was set up to become a " pre-paid " system in the first 10 years by a series of FICA TAX increases. The Republican in congress over ruled(1)(2) FDR and converted SSA to the " pay-as-you-go " system we see today. The Republicans left the SSA HOMELESS for several years by cutting out the office space funding at start up.
Note the flat spot near 1935 this is our present from that years RNC leadership. Their stupidity has been a gift that has kept on giving problems for the last 70 years.
It is a miracle SSA survived. The problems we see today started with the same folks who want to FIX SSA WITH CARVE OUT PRIVATE ACCOUNTS. These people are still out to destroy the SSA by any means possible. What I can't figure is Novak, he meets with Rove just before he spilled the name in an article, WHY IS NOVAK WALKING THE STREETS , HE SHOULD BE DOING THE CHAIN GANG SHUFFLE. Am I to believe Novak got the name out of thin air, made it up. If Rove didn't tell him who did? Sounds like it is " SECURITY CLEARANCE REVIEW TIME REPLETE WITH LIE DETECTOR AND, ANY OTHER SCREENING SYSTEMS AVAILABLE ."
It seams just too outlandish for Rove to do such a stupid thing. The pimple is Novak pop him.
I DON'T LIKE ROVE BUT THIS IS THE HEIGHT OF STUPIDITY. IS THIS OBVIOUS OR WHAT. I KNOW THAT IF THIS WAS ME OR YOU WE'D END UP IN A " GITMO BLACK HOLE ( NO WHERE) " WHAT GIVES When I see a gang assault on a poster with one "glitering generalities" another pair of "deflectors " then two " name callers " I think USA NEXT out to destroy the AARP by "infiltration" The approved methodology of Cato Heritage. BRING IT I'M READY GILLAN LEFT US WELL PREPARED. I didn't tell Cato- Heritage to embrace Lenin's methods and tactics.
WITH RESPECT TO THE PLAME AFFAIR
THIS IS MORE SERIOUS THAN MANY ON THIS BOARD MAY BELIEVE
We will never know how many people died because of this MESS. Now Rove is writing e-mails to security officers at the White House to report on his meeting with Novak????
THERE IS SOME THING NOT BEING SAID, THE FACT THAT PLAME'S NAME AND STATUS WAS KNOWN BY OTHERS POSSIBLY VIA INDEPENDENT MEANS IS A LIVING NIGHTMARE . THIS IS THE ONLY EXPLANATION FOR NOVAK WALKING THE STREET. Remember when a when HARD DRIVE went missing at Los Alamos ? The HARD DRIVE never left the building but heads rolled because of a misplaced HARD DRIVE. IF THERE IS A OUT SIDE "ENTITY" AT WORK HERE THIS COULD BE ONE OF THE MOST DANGEROUS SECURITY BREACHES IN THE HISTORY OF THE U.S. Teflon??? Novak should be held in a " UNDISCLOSED LOCATION ". This is not leaking a soon to be public SSA or DOL report early. This is MURDER CLEAR AND SIMPLE .
This is not about the DEMS and REPUB's this is about non citizens who risked their lives to help The United States of America. And I know that many have died because of this TREASONOUS ACT . DEATH IS THE PRICE THAT THE LIKES OF PLAME PAY FOR FAILURE. We all fall or back into some of the traps set forth in MASTERS OF DECEIT , trying to use the English language is hard. When I see a systematic abuse of these message boards by PURE PROPAGANDISTS with a unknown agenda I must say some thing . I have read spirited debate , anger but targeted distortions, misrepresentations and name calling, that is too much. Since I could sit up straight in a diaper I have watched and tracked people like HHH , Au H2O, Byrd, Derksen, Rostencousky , LBJ JFK NIXON , IKE, going around and around on many issues. This current battle over the future of the SSA is critical to the survival of the USA. The outing of a covert CIA operative is an act of TREASON, EQUIVALENT TO MURDER. This is a DIG for facts more important than the BUSH administration and, every one in it. The Dems would be well served to search for TRUTH amidst the rubble of administrations efforts to minimize and deflect blame, not one persons resignation. TRUTH is the ULTIMATE POWER feared by all who wish to deceive. Should not her net work have been passed on to the next operative? If she had been deactivated. What was the extent of her contacts READ http://www.ssa.gov/history/reports/crsleghist3.html
When the Act was debated in Congress, prominent Republicans in the House and Senate made attempts to delete the provisions creating the old-age pension system. They said they preferred to rely solely on the assistance (charity/welfare) approach to help the aged. They argued that the payroll tax/insurance mechanism of the old-age benefits provisions might be unconstitutional and that it would impose a heavy tax burden on businesses that would retard economic development. Members of the minority stated, in the Ways and Means Committee's report to the House, that the old-age benefits program (Title II) and the method by which the money was to be raised to pay for the program (Title VIII) established a "bureaucracy in the field of insurance in competition with private business." They contended further that the program would "destroy old-age retirement systems set up by private industries, which in most instances provide more liberal benefits than are contemplated under Title II.(1) Although some party members tried to remove the old-age benefits provisions, the majority of Republicans in both chambers nevertheless did vote for the final Social Security bill. During congressional debate, Democrats generally supported the proposed old-age benefits program.
THEY'RE BACK !!!!!!
The SADISTIC NE-CON EVANGELICAL ACTIVISTS are of a mold that is old school " praise the lord and pass the collection plate " ( I need the money ! ) . To be a good christian you must give me your money. Here the money is passed out of the government to the hands of F.O.G. ( FRIENDS OF GEORGE ). Roll into town bleed them dry and move on. Life of the evangelical rip off artist . Now they have moved into the White House and they are not going to leave with out a fight. Now theSADISTIC NE-CON EVANGELICAL ACTIVISTS want our country. For years they were on the fringes of the DNC as part of the Reagan revolution they moved to near RNC center stage. Bush has completed their integration into the RNC leadership. Now the SADISTIC NE-CON EVANGELICAL ACTIVISTS are in command of the RNC . The push for more " EVANGELICAL FRIENDLY " U.S. is under way and we are in big trouble. I see 2 reasons why Novak is free 1 this is a CIA created mess. 2 Novak was able to show that others not in the current " loop " knew of Plame's job via independent information paths. Some how Plame was common knowledge before he talked to Rove or any one else in the administration. This is scary, but as soon as a person is labeled a CIA " spy " any reporter with a brain will slow down and reconsider publication of that person's name and job description. I personally don't think much of Novak but like Rove I can't see him working hard to end up in an "UNDISCLOSED LOCATION" under arrest. OF CHECK OUT THE LA TIMES
FRONT PAGE ARTICLE. http://www.latimes.com/news/nationworld/nation/la-na-leak18jul18,0,4779848.story?coll=la-home-headlines
This Findlaw article on the 1917 Espionage Act is the cover for this leaks(leakers) coffin(s) this could be a joint effort a conspiracy to commit theft of "classified information " and improperly dispose of said information.( leaking it to the media in dribs and innuendo ). By creating a round robin of cross connecting and seemingly conflicting actions.? There is on problem here that of "MOTIVE" if the point was to discredit Wilson by implying that the investigative trip to Niger was a "personal vacation junket" set up by Wilson's wife. All involved should have known the CIA status of Wilson's wife. That should have been part of the " White House version of the final report under " how and who ordered this report and, methodology of information gathering. How can a nobody like Wilson be that important. Question :
Has this prosecutor obtained and reviewed That anti SSA argument was settled in 1937it is leagel The SSA system was set up to become a " pre-paid " system in the first 10 years by a series of FICA TAX increases. The Republican in congress over ruled(1)(2) FDR and converted SSA to the " pay-as-you-go " system we see today. The Republicans left the SSA HOMELESS for several years by cutting out the office space funding at start up.
Note the flat spot near 1935 this is our present from that years RNC leadership. Their stupidity has been a gift that has kept on giving problems for the last 70 years.
The current problem is simple we have a projected short fall that will total just about 4 TRILLION DOLLARS IN 2080. This is the "UNFUNDED LIABILITY". In 2080 the SSA year end balance sheet will be 4 TRILLION in the red. In order to prevent this projected occurrence some thing must be done. The Bush administration has come up with a plan that is a joke. See fig.1
This plan will cost 4.9 TRILLION the first 20 years and will not fix the SSA short fall of 4 TRILLION over the next 75 years. It is just a waste of time and money. To date all the RNC approved plans will not fix the SSA short fall.
SSA Trust fixes. is a list of SSA fixes that the SSA actuaries have come up with . When Bush and others say they don't know any other way to fix the problem they are lying.
It is a miracle SSA survived. The problems we see today started with the same folks who want to FIX SSA WITH CARVE OUT PRIVATE ACCOUNTS. These people are still out to destroy the SSA by any means possible. Now is the time to " GET DOWN GET MEAN AND GET UGLY !!!!!. If one looks at fig .1 the basis for the Bush SSA meltdown is evident if one ad hears to outcome II.
From the SSA 2004 Condition Report
Why out come II instead of out come I in order to asses this one must look at fig.2
As the table shows ( NOTE THE GDP NUMBERS ) our economy will begin to under go a slowdown starting in 2020. This slow down is the basis for out come II in the " Three out comes chart ". I think it is the duty of each American to be concerned about this slow down. This slow down represents the beginning of the " BOOMER RECESSION ". The boomer recession is due to the fact that when the majority of the boomers retire they will retire to 40% up to 80% of their pre retirement income. If the income of a person drops by 20% to 60% then it is only logical that the persons spending will also drop by at least that much. This is the current boomer spending see fig.3
Wow that is a lot'a bucks out the window and down the tube. About $874 BILLION in consumer spending lost (@ a 40% income drop ) to our economy. This is not a good idea to push in a capitalist society. One of the basic corner stones of the capitalist system is growth. With out growth we as capitalists are DEAD. We must find a way to sustain and nourish a healthy and growing economy.
The Bush administration has proposed a solution to this problem.fig.4
This is a silly fix
The RNC has approved other " fixes ", but all make the solvency problem worse.
SSA Trust fixes. is a list of fixes that the SSA actuaries have tested on their models of the SSA Trust. The most costly is $4 TRILLION number 11 on the list. This is a 2% increase in the FICA tax.
If you again look at out come I on the three out comes chart you can see a short draw down in the SSA Trust balance and a inflection back to continued growth in the SSA Trust fund balance. Out come I is the one we should work for. This out come or an approximation there of is what SSA Trust fixes. can produce if the right combination of these small tweaks can be found. The problem is very simple we need about 4 TRILLION over 75 years in new effective revenues.
Now there is another possibility. The economic out look used to develop this out come is here If one looks at this table and notes the GDP column it can be seen that there is leveling off of GDP growth but no slump below the 2% growth rate level. This table tells me that if the economy can generate better than 2.6% growth for the balance of this century we won't have to worry about the SSA Trust fund .
As much as I would like to demand Roves removal the question is, is Rove the leak , or is he a part of the leakers. Plugging the leak is the first the only and the paramount task. Bush Rove Cheney . Libby Novak. They are all potential unimportant impediments in this investigation. Their spin doctors are so much babble. Now if in light of the "Three out comes chart" fig.1
From The SSA Condition Report
If you look at out come I you can see a short draw down in the SSA Trust balance and a inflection back to continued growth in the SSA Trust fund balance. Out come I is the one we should work for. This out come or an approximation there of is what SSA Trust fixes. can produce if the right combination of these small tweaks can be found. The problem is very simple we need about 4 TRILLION over 75 years in new effective revenues.
Now there is another possibility. The economic out look used to develop this out come is here If one looks at this table and notes the GDP column it can be seen that there is leveling off of GDP growth but no slump below the 2% growth rate level. This table tells me that if the economy can generate better than 2.6% growth for the balance of this century we won't have to worry about the SSA Trust fund . The problem is this Valerie Plame and Mrs. Wilson are one and the same person. A moron may not be able to figure this out but a good reporter, a "reasonable man " who is known to routinely check the maiden name of all married women that are part of a story. Will WHAT IS YOUR DEFINITION OF THE WORD "IS" BUT IF THE PEOPLE WHO ARE MOVING IN ARE LIBERALS WHAT HAPPENS TO THE NUMBERS OF LIBERALS IN THE STATE !!!!! The first thing to happen is loss of all clearances and, it gets worse from there . In treason cases there is no bail, it is straight to jail, the undisclosed location.
What causes me the most concern is the fact that Rove REPORTED HIS CONVERSATION WITH NOVAK TO A WHITE HOUSE SECURITY OFFICER. Is there some thing else wrong here? Ok Rove did mess up ( life in an undisclosed location ) Why is Novak still running the streets??? As I have said many times there is some thing else going on , maybe a cover up or is there something else, another problem here. This case is simple on the surface from here it looks like Rove leaked to Novak. Novak goes to jail. Rove is next. Libby should follow. WHY IS NOVAK FREE !! In his zeal to discredit Wilson's report Rove's spin machine may have gone over the line. There was no need to say " Wilson's wife sent her husband " this was and is the link. Rove , if he read the report generated by Wilson, should have known the " METHODOLOGY " of the information gathering that was done. the " CIA status " of the reporting CIA personnel should have also been apparent. To any question concerning V. Plame The answer should have been " I DON'T KNOW ". THIS IS WHAT THE GRUNT TOLD"
AS I remember it was one of the Bush Administrations spinsters on Meet The Press said " Wilson's wife sent him to Niger " . This was a no no . He tried to down play the information obtained as the result of a vacation junket. Face it Rove was playing with fire and he got burned. But there must be something missing. Novak is free. Rove holds a clearance and he is bound by these rules
I will say again this simple order, it matters not what any one else may or may not know.
Yes words have meaning " IF ANYBODY ASKS ABOUT CLASSIFIED THINGS THE ANSWER IS " I DON'T KNOW SIR ". REFER HIM/HER TO YOUR COMMANDING OFFICER . YOU DO NOT CONFIRM OR DENY. " THIS IS THE SIMPLE TRUTH. STAY OUT OF TROUBLE. IF YOU PLAY YOU MAY GET BURNED. SOMEBODY GET THE MESSAGE TO THE LOONS ON CAPITAL HILL "OPEN MOUTH INSERT FOOT( WITH LEG ) "
If you don't Know who J. EDGAR HOOVER is where did you get your AARP membership, who obtained the membership for you so you could play on theses boards. This is a hint . THERE IS A BUILDING IN WASHINGTON ( FBI HEADQUARTERS ) CALLED THE HOOVER BUIILDING?????!!!!!! ARE WE GOING TO HAVE MORE " PROHIBITION " STYLE LAWS OUT OF OUR SADISTIC NE-CON EVANGELICAL ACTIVISTS IN CONGRESS ? YES OF COURSE, UNTIL WE CAN FLUSH THAT TOILET IN THE WHITE HOUSE AND DISINFECT THE HOUSE AND SENATE.
AMERICANS BEWARE THE U.T.S.A. COMETH.THE UNITED THEOCRATIC STATES OF AMERICA Brought to you by Bush's .SADISTIC NE-CON EVANGELICAL JUDICIAL ACTIVISTS ON THE SUPREME COURT Bush is doing his best to spread the Texas quality of life across the country. Would any body believe the Bush mantra is
money money money money money money money money MONEY MAKES THE WORLD GO ROUND, WORLD GO ROUND. WORD GO ROUND..MONEY MAKES THE WORLD GO ROUND IT'S THE MOST IMPORTANT THING PERHAPS A LITTLE DEMOCRATIC BLEACH AS DISINFECTANT TO SCRUB THE HOUSE CLEAN Get a grip and get a life SADISTIC NE-CON EVANGELICAL ACTIVISTS are doomed to have a lonely life. The one God OF ALL has stated " WE ARE OUR BROTHER'S KEEPER " !!! IF I HAD A CHANCE TO VOTE AGAINST SENATOR BUNING'S TAX CUT I WOULD!
Chart from " OLDBLUE "
This is a true BOONDOGGLE rip off The reason for the current problem started in 1937 when the " ANTI SSA TRUST " lobby won a freeze(1)(2) in the FDR prescribed FICA tax increases needed to create a " PRE-PAID " SSA system, they wanted a "pay as you go" fig.I
See the flat spot this is the 4 TRILLION dollar short fall. PUT LIPSTICK ON A PIG AND IT'S STILL A PIG These folks consisted of conservative republicans and stupid democrats. Together each for his own reasons killed the scheduled tax increases. We should all thank them for our current problems with SSA.
<.P
ALL GOVERNMENT
documentation and records both electronic and paper that refers to Plame and her husband , all document tracking info including transmittal distribution / requestor records, both electronic and paper for the term of Plame's CIA employment. To track who requested information on Plame and or her husband and when. In an effort to determine which People were in the same physical location and, may have had access both legal and or illegal. Now would be the best time for such a subpoena every body has had a chance to lie and spin their tale. Now cross and compare this list with the phone and contact information from all interviewees to date for the last 8 years.
THE LEAK MUST BE PLUGGED
" IT's THE ECONOMY "
In light of the most recent events this thread is a joke some thing like the epitome of HYPOCRISY. If one can contend that political dissent with the administration means you are automatically a TRAITOR. What does that make ROVE , LIBBY and, NOVAK, Al Quida.
7/21/05
07 21 04 posts
Senator NO was a REPUBLICAN
The SSA system is a MATHEMATICALLY stable and perpetual system if the system is properly started. This collection of morons has deprived us the true benefits that FDR had intended. This is the compund interest formula.
- P*1.interest raten*i
This eq is a power function and the rate of increase is governed by the values that make up the power to which "1.interest rate " is raised. The resultant graph is that of a exponentially increasing value. If the SSA system had been operated as intended the current Trust fund balance would be in the 2.5 to 3 TRILLION range and, growing. Once again a small but critical group of DUMMIES has destroyed a great plan by a great man, FDR.
Time to get out the bleach , the Lime Away a good scrub brush and the Scunsi steamer. We have work to do in the HOUSE and SENATE. The SADISTIC NE-CON EVANGELICAL ACTIVIST law makers must be identified and voted out where possible.
NOT MUCH THE DEMIGOD AHY ?
The actions of the small, but critical group of greedy congressmen from both parties created current " PAY AS YOU GO " system with the flat spot at the beginning of fig1
SSA tax history from the SSA
Before the take over of the RNC by the SADISTIC NE-CON EVANGELICAL ACTIVISTS this is how the House viewed the SSA
Please don't confuse "having money" solely with the choices that a person has made in his / her life. I'll bet a lot of ENRON employees would take issue with that linkage. Is it nobler in hart to work at a HONEST low paying J.O.B. to earn a living or to stoop to what ever level is need to MAKE THE FASTEST DOLLAR POSSIBLE THAT IS THE QUESTION !!
"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ". GEORGE W. BUSH on 03/ 31/05
So says our inferious leader
SPOKEN LIKE A TRUE SADISTIC NE-CON EVANGELICAL ACTIVIST .
ALL FOR ME AND ME FOR ME
The easy course is to SICK TO THE FACTS AND ONLY THE FACTS
NOBODY CARES ABOUT WHAT" EVERYBODY " KNOWS. THE ONLY THING THE CIA CARES ABOUT IS (1) PLAME'S CIA STATUS. (2) WAS SHE " EXPOSED ". THAT IS ALL THE LAW CARES ABOUT.
Remember " Rove sent a e-mail about Novak to the White House Security Officer ????
DO WE KNOW WHAT IS REALLY GOING ON ????
Looks like there is a problem with retirement preparedness . I have a solution for this situation. The idea is simple lets start retirement savings at birth,( WITH THE ISSUANCE OF THE SS CARD ). If at the issuance of the SS card the beneficiary is given a one time grant of say $10.00 to start a SSA administered PRIVATE PLAN ADDITION TO THE CURRENT SSA BENEFIT. I AM CERTAIN THAT THIS PLAN CAN FILL THE GAP IN THE CURRENT SAFETY NET.
This plan is intended as a tool to boost the savings incentives for those near and/or at the bottom of the income scale. Note ALL CONTRIBUTIONS ARE TAX EXEMPT AND GROW TAX FREE!!!
Sorry I started working from pre 1974 bond yield eq's ( from memory). Besides starting retirement savings for ALL at birth / issuance of the SS card. I have also been thinking of INDEXING the tax break for low ( minimum wage earners up to 175% of the poverty line) income earners such that POOREST OF THE POOR CAN GET A ENHANCED BREAK.
I BELIEVE THIS THE WAY TO GO YOU SAVE,,, YOU MAKE OUT AT RETIREMENT BIG TIME, IT IS UP TO YOU.
READ THIS IS HOW YOU TRANSFER WEALTH
SOME BASIC REQUIREMENTS FOR A PRIVATE ADDITION TO THE SSA BENEFIT. This is in addition to the SS FICA There is a higher limit on the annual contribution say 20k dollars/year. The FICA salary cap shall rise to $140,000.00 . The money is exempt from state and federal tax. The money grows tax free The money can be available from say 59 to 64 on, as a monthly pay out over 30 years. THE CONGRESS IS PRECLUDED FROM ANY FORM OF BORROWING FROM THIS ACCOUNT, THE EXECUTIVE BRANCH IS PRECLUDED FROM ISSUING ANY PROCLAMATIONS OR EXECUTIVE ORDERS ATTACHING OR USING THESE FUNDS FOR ANY PERPOSE OTHER THAN THE BENEFITS OF THE OWNERS . FURTHER THERE WILL BE NO COMMINGLING OF THESE FUNDS WITH ANY OTHER AGENCY OR BRANCH OF THE U.S. GOVERNMENT. NO LIEN OR ATTACHMENT OF THE "PRIVATE PLAN's" LEGALLY OBTAINED AND DEPOSITED FUNDS BY ANY COURT, JUDICIAL ENTITY, OR ENTITY WILL BE PERMITTED BY THE U.S. GOVERNMENT. THESE FUNDS WILL BE INVESTED AND MANAGED AS A BOND FUND. THE OBJECTIVE WILL BE OPTIMUM LONG TERM YIELD . ALL US GOVERNMENT ISSUED AND GUARANTEED OPENLY TRADED US GOVERNMENT BONDS AND NOTES , OF ALL MATURITIES SHOULD BE USED AS NEEDED . The operation of the "private plan" should mimic the operations of a bond mutual fund. Interest compounding and, pay outs should be made quarterly . A $ 3.00 minimum per week contribution with a $20,000.00 yearly maximum . Extra deposits should be accepted via inter bank money transfers or EFET deposits to the account, also deposits can be made at any bank cash or check . Subject to the prevailing money laundering laws on the books . All deposits will be tracked by SSA and reported to the IRS as exempt income ( not taxable ) but reported . The total of all deposits will show up on the W - 2 form . The amount to be deposited via weekly payroll deduction should be easily changeable, up or down . The interest paid is as close to the coupon as clipped value as possible Once the agreed upon retirement age is reached the right to start, stop and restart benefit pay outs should be available. Each baby born an American Citizen at the issuance of his / her SS card will have $10.00 dollars deposited into his / her private plan, as a one time retirement grant. The Idea here is to reach the first $ 1000.00 in the account A.S.A.P. . For a new worker entering the work force and, living at home with his /her parents making extra deposits as savings would make for an comfortable retirement . When this worker moves up the pay scale increasing the weekly deposit and or making extra deposits will further increase the additional income provided by the " private plan " The power of large scale buying of bonds can reduce the fixed cost of the operation to the .02 % to ,01 % level. This plan has the potential to transform the idea of retirement living. This plan can double the safety net for new workers entering the labor pool. In order for us older folks to take advantage of this system we would have to increase the amount of our initial deposits. The best use for us older folks would be an cash trap , say after the sale of a house, what should you do with 50k excess profit ? shelter 20k , and let it turn into over $159,000.00 in 15 years . That points to the 6 trillion dollar question, why has not the brain trust that Bush has assembled figured this out . Is there some other reason why some thing like this is not on the table and, up for debate . There is some thing going on and they are not talking. WILL SOME ONE IN THE ADMINISTRATION PLEASE TELL THE TRUTH, WHAT IS GOING ON. This plan will enhance the savings rate in the country. The number of seniors on welfare will decline . The spending power of seniors will start rising just as the population starts to gentrify. As the baby fizzle of the, late 70's early 80's, moves to the workforce center stage, the spending power of the retied will be on the rise. To days pre-tweens will be entering the work force with their greater numbers and, will have spending support to maintain job growth. The pre-tweens will have at least a chance to establish themselves as an economic force. The number of seniors retiring to poverty should begin to approach 0 , because of the doubling of the safety net benefit. This plan has one goal to produce more customers. This country needs more customers with money. GROW OR DIE
"All pork should be presented in an open matter and not hidden on page 343 of a 600 page bill.(just an example)"
There is no way these thieves will expose their theft of the American tax payer's money to transfer it to their friends.
YOU SAID
"Since I see a direct correlation between the two, I would suggest that this outsourced payroll be taxed for social security. I have read that outsourcing saves in the neighborhood of 35%, thus if it is taxed at say, 10-12%, companies will still save money, yet contribute to the social security system they help to destroy with layoffs. And for that privilege, it may not be a bad idea to tax the full amount of these executives salaries for social security. If business is concerned that it erodes their savings, maybe they will consider hiring American citizens to do the work onshore -- that works for me!"
GREAT IDEA
YOU SAID
"Noam Chomsky, informing us the crisis argument is a scam"
THE BASIS FOR THAT STATEMENT CAN BE SEEN IN FIG.1
These are the economic asomptions for the " intermediate mdl " Bush's favorite . note the GDP growth rate drops to 1,8% . This is very low, as close to a recessiuon as one can get . This is what Chomsky sees. I personally don't thik it is very likely but if the LOONS on the hill keep running up the NATIONAL DEBIT like they are doing now we could slip hard when the BOOMERS start to die off.
AND HOW DID SENATOR "NO" BLOCK CLINTON'S COURT NOMINEES ???? WHAT GOES AROUND COMES AROUND .
BUSH has the right to "NOMINATE" and the "SENATE APPROVES OR DISAPPROVES" the nominee.
HERE YE ! HERE YE ! THE BUSH BOTS ARE COMING THE BUSH BOTS ARE COMING ! !. HERE YE HERE YE THE BUSH BOTS ARE COMING THE BUSH BOTS ARE COMING ! !
Does the Cato plane provide a DI benefit ? is there a widows and surviving children benefit ? from day one.
how much will the SSA benefits of current recipients be cut if any?
How much will this plan cost ?
Absolutly on point have you looked a Jim Bunnings tax cut ?
Just one suggestion take a look at the SSA guarentee initiative H. J. Res 32.
This is the gold standard for SSA reform.
In every retirement portfolio there should be multiple levels of both return and risk. SS should be a part of every retirement portfolio. SS is the lowest on the risk scale, alongside a stack of 30 year T bonds. The Cato driven SSA reform plan put forth by Bush is an attempt to cut benefits to millions. The other RNC APPROVED plans do the same. With these facts a part of recent history the number of people with IRAs 401k's and Kehog;s is critical to the well being of this economy and millions of seniors. This is a break down of the numbers of seniors who depend on OASI BENEFITS. FIG.1
Here is a look at the income breakdown.FIG.2
I think the need for FULL benefits is obvious.
The need for an increase in the safety net should also be apparent. Some how we must increase the income of ALL seniors in retirement.
NOW IF ONE CONSIDERS THE BOOMER CONSUMER SPENDING
Think ,,, if the 43% of the boomers in this chart retire to a 30% to 50% cut in income ( THE TRANSITION FORM A JOB TO ONLY SS ) what will happen to the chart above. Looks like a recession to me . now add a RNC benefit cut of 20% to 30% ( TO ALLOW THE WEALTHIEST OF THE WEALTHY AVOID PAYING THEIR FAIR SHARE OF THE FICA TAX ) and we are headed for a very long and a very deep RNC / CATO inspired recession. WE NEED MORE CUSTOMERS WITH MORE MONEY NOT POORER RETIREES !!!!!
You said
And this problem is caused when the federal government uses the money it borrows in such a way as to increase current economic consumption rather than to increase current economic saving and investment. (And remember, what we are talking about is how real economic resources get used or not used today.) While the bonds guarantee to the Social Security system - by virtue of the full faith and credit and taxing power of the United States - a share of our national wealth, they do not accurately represent a growing stock of real economic wealth.
Once a few simple patches are applied to the SS system SSA Trust fixes. . This plan will incentivevize increased savings for retirement and solve the problem you are expressing now
This plan is intended as a tool to boost the savings incentives for those near and/or at the bottom of the income scale. Note ALL CONTRIBUTIONS ARE TAX EXEMPT AND GROW TAX FREE!!!
Sorry I started working from pre 1974 bond yield eq's ( from memory). Besides starting retirement savings for ALL at birth / issuance of the SS card. I have also been thinking of INDEXING the tax break for low ( minimum wage earners up to 175% of the poverty line) income earners such that POOREST OF THE POOR CAN GET A ENHANCED BREAK.
I BELIEVE THIS THE WAY TO GO YOU SAVE,,, YOU MAKE OUT AT RETIREMENT BIG TIME, IT IS UP TO YOU.
READ THIS IS HOW YOU TRANSFER WEALTH
SOME BASIC REQUIREMENTS FOR A PRIVATE ADDITION TO THE SSA BENEFIT. This is in addition to the SS FICA There is a higher limit on the annual contribution say 20k dollars/year. The FICA salary cap shall rise to $140,000.00 . The money is exempt from state and federal tax. The money grows tax free The money can be available from say 59 to 64 on, as a monthly pay out over 30 years. THE CONGRESS IS PRECLUDED FROM ANY FORM OF BORROWING FROM THIS ACCOUNT, THE EXECUTIVE BRANCH IS PRECLUDED FROM ISSUING ANY PROCLAMATIONS OR EXECUTIVE ORDERS ATTACHING OR USING THESE FUNDS FOR ANY PERPOSE OTHER THAN THE BENEFITS OF THE OWNERS . FURTHER THERE WILL BE NO COMMINGLING OF THESE FUNDS WITH ANY OTHER AGENCY OR BRANCH OF THE U.S. GOVERNMENT. NO LIEN OR ATTACHMENT OF THE "PRIVATE PLAN's" LEGALLY OBTAINED AND DEPOSITED FUNDS BY ANY COURT, JUDICIAL ENTITY, OR ENTITY WILL BE PERMITTED BY THE U.S. GOVERNMENT. THESE FUNDS WILL BE INVESTED AND MANAGED AS A BOND FUND. THE OBJECTIVE WILL BE OPTIMUM LONG TERM YIELD . ALL US GOVERNMENT ISSUED AND GUARANTEED OPENLY TRADED US GOVERNMENT BONDS AND NOTES , OF ALL MATURITIES SHOULD BE USED AS NEEDED . The operation of the "private plan" should mimic the operations of a bond mutual fund. Interest compounding and, pay outs should be made quarterly . A $ 3.00 minimum per week contribution with a $20,000.00 yearly maximum . Extra deposits should be accepted via inter bank money transfers or EFET deposits to the account, also deposits can be made at any bank cash or check . Subject to the prevailing money laundering laws on the books . All deposits will be tracked by SSA and reported to the IRS as exempt income ( not taxable ) but reported . The total of all deposits will show up on the W - 2 form . The amount to be deposited via weekly payroll deduction should be easily changeable, up or down . The interest paid is as close to the coupon as clipped value as possible Once the agreed upon retirement age is reached the right to start, stop and restart benefit pay outs should be available. Each baby born an American Citizen at the issuance of his / her SS card will have $10.00 dollars deposited into his / her private plan, as a one time retirement grant. The Idea here is to reach the first $ 1000.00 in the account A.S.A.P. . For a new worker entering the work force and, living at home with his /her parents making extra deposits as savings would make for an comfortable retirement . When this worker moves up the pay scale increasing the weekly deposit and or making extra deposits will further increase the additional income provided by the " private plan " The power of large scale buying of bonds can reduce the fixed cost of the operation to the .02 % to ,01 % level. This plan has the potential to transform the idea of retirement living. This plan can double the safety net for new workers entering the labor pool. In order for us older folks to take advantage of this system we would have to increase the amount of our initial deposits. The best use for us older folks would be an cash trap , say after the sale of a house, what should you do with 50k excess profit ? shelter 20k , and let it turn into over $159,000.00 in 15 years . That points to the 6 trillion dollar question, why has not the brain trust that Bush has assembled figured this out . Is there some other reason why some thing like this is not on the table and, up for debate . There is some thing going on and they are not talking. WILL SOME ONE IN THE ADMINISTRATION PLEASE TELL THE TRUTH, WHAT IS GOING ON. This plan will enhance the savings rate in the country. The number of seniors on welfare will decline . The spending power of seniors will start rising just as the population starts to gentrify. As the baby fizzle of the, late 70's early 80's, moves to the workforce center stage, the spending power of the retied will be on the rise. To days pre-tweens will be entering the work force with their greater numbers and, will have spending support to maintain job growth. The pre-tweens will have at least a chance to establish themselves as an economic force. The number of seniors retiring to poverty should begin to approach 0 , because of the doubling of the safety net benefit. This plan has one goal to produce more customers. This country needs more customers with money. GROW OR DIE
YOU SAID
1) The President's proposal is the correct "fix" for SS. This is borne out by Alan Greenspan's endorsement. I will correct this misinformation by TIP (those in power).
Why should we spend $20 TRILLION PLUS to fix a $4 TRILLION problem.
Do you really understand the problem??? These fixes are cheaper SSA Trust fixes.
You said
{ B Larsen } If you increase the amount exempted from taxation while working, general revenues will drop. What program do you plan on cutting? Keep in mind the current deficit is about $700 billion (excludes SS surpluses).
Raising the cap to $140,000 will increase revenues, by about 10%. You are short seven times this.
Exempting money from state taxes will reduce state revenues. What state services should be cut?
The first thing that needs to be done is to repeal the BOONDOGGLE TAX CUTS. This is the most worthless piece of PORK BARREL legislation ever enacted.
The next thing to go after is CORPORATE WELFARE that will raise about $90 BILLION / YEAR .(1)
I think that every body needs to pay their fair share of the FICA tax the same percentage of income. If you want to find additional SSA income on the "QT" SSA Trust fixes is the answer.
Here you are right but in the long run the states will benefit from the reduced use of welfare services by seniors, increased tax revenue from increased senior spending, and continued economic growth. There must be an understanding here the BOOMERS are the GREATEST , the GREATEST ECONOMIC OPPORTUNITY and the GREATEST POTENTIAL ECONOMIC DEAD WEIGHT this economy has seen to date. We the people will decide which they will be. Will the true sprit of capitalism some how circumvent the resident greed, simple mindedness and, stupidity of the SADISTIC NE-CON EVANGELICAL ACTIVISTS , or will WE BLOW THE OPPORTUNITY OF A LIFETIME. The fig below represents THE BIG BUCKS OF THE BOOMERS , can we tap into 30 more years of this?
IT IS UP TO US, WHICH WILL IT BE??
YOU SAID
I have read what AARP has posted about SS and they make there side on private accounts, but like everything there are two sides. AARP with our dues and selling there many products have spent a ton of our money to scare old and young people. Sad!
The senior population has a right to be scared ,,they should be VERY SCARED!!
This administration is trying to DESTROY THE SSA.
The Cato / RNC alliance has been, is and, will continue to work towards this end. This anti SSA lobby was active at the inception of the SSA(1) (2) .
Now these same people have the RNC to push their agenda. Fig1
Do you think The Bush administration forgot to include money to fix the supposed SSA short fall ? Why do you think Bush wants to keep the BOONDOGGLE tax cut ? The answer is simple if the government is loaded down with a huge debit load a future administrations will be forced to default on the bonds issued to the SSA. Who would care the SSA would in this scenario have sustained massive benefit cuts along with massive administrative budget cuts. Administering the final " HEAD SHOT " to the dieing beast as a prelude to starting some thing new, or maybe nothing ( who cares they are all old any way).
The problem is simple we need to come up with $4 TRILLION OVER THE NEXT 75 YEARS TO STABILIZE THE SSA TRUST. FIG 2
Why borrow $20 TRILLION over 60 years and still not fix the projected SSA short fall??? Doing the Bush plan will destroy SSA and take down our economy along with it.
For some info on Cato check links BELOW
Please check and read these two links
Remember FDR wanted SSA to be pre-funded. Dispite the best efforts of many to DESTROY THE SSA it keeps on going.
THEIR BACK !!!!!!
FIRST THERE IS NO FREE LUNCH EVERY BODY IS IN AND EVERY BODY SHOULD PAY NO EXCEPTIONS.
IT IS TIME FOR THE GREEDY THE LAZY THE " SILVER SPOONS " TO PAY THEIR FAIR SHARE OF THEIR OWN RETIREMENT . TIME TO STOP BORROWING MONEY THAT THE NEXT 2 TO 3 GENERATIONS WILL HAVE TO PAY BACK, WE THE BOOMERS MUST PAY FOR OUR RETIREMENT !!!. Time to grow up we have bills to pay. If the best some can do is $haft the genXers and the genY's with our DEBIT BECAUSE SOME ARE TO GREEDY AND SELFISH TO PAY THEIR BILLS WE WILL SEE A SEVERE RECESSION WHEN THE BOOMERS DIE OFF
THIS IS SIMPLE WHY BORROW 20 TRILLION TO SOLVE A 4 TRILLION PROBLEM.
CLICK THE LINKS AT THE BOTTOM OF THIS MESSAGE TO START,, THEN READ THEM.
THE SSA ACTUARIES HAVE COME UP WITH A LIST OF SSA ADJUSTMENTS SSA TRUST FIXES.
This is the three out comes chart Bush wants us to believe that only these three out comes are possible. THIS IS A LIE . if you look at fig 2
You can see that the trust fund balance can be changed by many factors. A increase in the minimum wage will result in increased FICA tax revenues this will increase the trust fund balance.
this is the table of the economic assumptions used or the "intermediate modl" . The GDP depicted in this table is a hart beat short of a recession, is this believeable???
If you a doable and an affordable plan try this
Once a few simple patches are applied to the SS system SSA Trust fixes. . This plan will incentivevize increased savings for retirement .
This plan is intended as a tool to boost the savings incentives for those near and/or at the bottom of the income scale. Note ALL CONTRIBUTIONS ARE TAX EXEMPT AND GROW TAX FREE!!!
Sorry I started working from pre 1974 bond yield eq's ( from memory). Besides starting retirement savings for ALL at birth / issuance of the SS card. I have also been thinking of INDEXING the tax break for low ( minimum wage earners up to 175% of the poverty line) income earners such that POOREST OF THE POOR CAN GET A ENHANCED BREAK.
I BELIEVE THIS THE WAY TO GO YOU SAVE,,, YOU MAKE OUT AT RETIREMENT BIG TIME, IT IS UP TO YOU.
READ THIS IS HOW YOU TRANSFER WEALTH
SOME BASIC REQUIREMENTS FOR A PRIVATE ADDITION TO THE SSA BENEFIT. This is in addition to the SS FICA There is a higher limit on the annual contribution say 20k dollars/year. The FICA salary cap shall rise to $140,000.00 . The money is exempt from state and federal tax. The money grows tax free The money can be available from say 59 to 64 on, as a monthly pay out over 30 years. THE CONGRESS IS PRECLUDED FROM ANY FORM OF BORROWING FROM THIS ACCOUNT, THE EXECUTIVE BRANCH IS PRECLUDED FROM ISSUING ANY PROCLAMATIONS OR EXECUTIVE ORDERS ATTACHING OR USING THESE FUNDS FOR ANY PERPOSE OTHER THAN THE BENEFITS OF THE OWNERS . FURTHER THERE WILL BE NO COMMINGLING OF THESE FUNDS WITH ANY OTHER AGENCY OR BRANCH OF THE U.S. GOVERNMENT. NO LIEN OR ATTACHMENT OF THE "PRIVATE PLAN's" LEGALLY OBTAINED AND DEPOSITED FUNDS BY ANY COURT, JUDICIAL ENTITY, OR ENTITY WILL BE PERMITTED BY THE U.S. GOVERNMENT. THESE FUNDS WILL BE INVESTED AND MANAGED AS A BOND FUND. THE OBJECTIVE WILL BE OPTIMUM LONG TERM YIELD . ALL US GOVERNMENT ISSUED AND GUARANTEED OPENLY TRADED US GOVERNMENT BONDS AND NOTES , OF ALL MATURITIES SHOULD BE USED AS NEEDED . The operation of the "private plan" should mimic the operations of a bond mutual fund. Interest compounding and, pay outs should be made quarterly . A $ 3.00 minimum per week contribution with a $20,000.00 yearly maximum . Extra deposits should be accepted via inter bank money transfers or EFET deposits to the account, also deposits can be made at any bank cash or check . Subject to the prevailing money laundering laws on the books . All deposits will be tracked by SSA and reported to the IRS as exempt income ( not taxable ) but reported . The total of all deposits will show up on the W - 2 form . The amount to be deposited via weekly payroll deduction should be easily changeable, up or down . The interest paid is as close to the coupon as clipped value as possible Once the agreed upon retirement age is reached the right to start, stop and restart benefit pay outs should be available. Each baby born an American Citizen at the issuance of his / her SS card will have $10.00 dollars deposited into his / her private plan, as a one time retirement grant. The Idea here is to reach the first $ 1000.00 in the account A.S.A.P. . For a new worker entering the work force and, living at home with his /her parents making extra deposits as savings would make for an comfortable retirement . When this worker moves up the pay scale increasing the weekly deposit and or making extra deposits will further increase the additional income provided by the " private plan " The power of large scale buying of bonds can reduce the fixed cost of the operation to the .02 % to ,01 % level. This plan has the potential to transform the idea of retirement living. This plan can double the safety net for new workers entering the labor pool. In order for us older folks to take advantage of this system we would have to increase the amount of our initial deposits. The best use for us older folks would be an cash trap , say after the sale of a house, what should you do with 50k excess profit ? shelter 20k , and let it turn into over $159,000.00 in 15 years . That points to the 6 trillion dollar question, why has not the brain trust that Bush has assembled figured this out . Is there some other reason why some thing like this is not on the table and, up for debate . There is some thing going on and they are not talking. WILL SOME ONE IN THE ADMINISTRATION PLEASE TELL THE TRUTH, WHAT IS GOING ON. This plan will enhance the savings rate in the country. The number of seniors on welfare will decline . The spending power of seniors will start rising just as the population starts to gentrify. As the baby fizzle of the, late 70's early 80's, moves to the workforce center stage, the spending power of the retied will be on the rise. To days pre-tweens will be entering the work force with their greater numbers and, will have spending support to maintain job growth. The pre-tweens will have at least a chance to establish themselves as an economic force. The number of seniors retiring to poverty should begin to approach 0 , because of the doubling of the safety net benefit. This plan has one goal to produce more customers. This country needs more customers with money. GROW OR DIE
THE AMOUNT IN QUESTION IS 4 TRILLION AT THE END OF 75 YEARS THIS IS THE AMOUNT THE SSA TRUST WILL BE "SHORT" ( IN THE RED ) AKA " THE UNFUNDED LIABILITY ". The SSA actuaries have come up with a list of things that will create " ACTUARIAL BALANCE " SSA Trust fixes. 1,9% WILL WORK.
THIS PROBLEM STARTED THE DAY FUNDING WAS BLOCKED FOR THE SSA'S OFFICE SPACE .
Yes the SSA was HOMELESS
THIS IS WHERE THIS PROBLEM BEGAN
THE FLAT SPOT AT THE START IS THE STUPIDITY OF BOTH REPUBS AND DEMS. THIS WAS TO BE THE FICA TAX CLIMB TO A PRE-FUNDED PLAN.
SOME PEOPLE DON'T GET IT
THIS IS BIG BUCKS
Most capitalists would love to have this problem. A $2 TRILLION market to sell to. Most REAL capitalists would want that market to KEEP BUYING as long as is possible. Only a dummy wants to DESTROY his/her market prematurely.
THE PROBLEM WITH THIS ADMINISTRATION IS IF WE SEND BOTH HOUSES OF CONGRESS BACK TO THE HILL AS THEY ARE THEY WILL DO WHAT THEY WANT. KILL THE SSA.
THIS ADMINISTRATION IS THE EPITOME OF AMORALITY !!
There is nothing they won't do to accomplish their goals. The recent so-called prescription drug bill s/b ( BIG PHARMA WELFARE ) bill is a prime example. Have you heard of the NUCLEAR OPTION ?? What did Bill Clinton do when Senator " NO " SAID NO , DID CLINTON (SLICK WILLY ) TRY TO PULL A RULES CHANGE. Of course not, A RULES CHANGE is the reaction of a true SLEAZE BAG.
IF YOU HAVE ANY QUESTION WHAT THE SSA STANDS FOR READ!!!
This was before the brainwashing of the LININ PDF
The pre-funding problem is simple FDR at startup wanted a series of FICA tax increases to bring the SSA to the level of a pre-funded system. A small group of dummies both dems and repubs wanted a pay as you go system FDR lost see links
the current system is the best on the planet bar non. There is something missing EVERY BODY DIES THERE IS NO WAY OUT ALIVE. This is part of the solution and big part of this problem. What happens when the US economy has to DEFLATE to match the reduced consumer spending when the BOOMERS are gone. When the BOOMERS die off we lose $2.1 TRILLION in spending. This is the deflating BOOMER bubble. It is imparitive that the BOOMERS leave the following generations as " DEBIT FREE AS POSSIBLE ". THE SSA TRUST SHOULD BE IN SURPLUS WITH THE SURPLUS GROWING . If the BOOMERS pay an increased FICA (+1.92%) out to 2050 this should be enough to cover their retirement ( review the actuarial situation at that time and decide if the increase needs to continue) also the increase the salary cap on FICA to $140k. this will ensure that the up coming generations are not paying off OUR RETIREMENT DEBIT FOR THE NEXT CENTURY PLUS.
This is the number of BOOMER to genX and genY
We the BOOMERS are the BIG time wage earners and spenders. Responsible adults pay their bills NO DEAD BEATS.
WHAT ARE YOU TALKING ABOUT ????
The closing balance in the SSA intermediate model for the year 2075
is - $4 TRILLION . THIS AS PER THE SSA 'S INTERMEDIATE ASSUMPTIONS. WHAT ARE YOU TALKING ABOUT ????
The government system does not provide benefits to as many people as the SSA does the government system is a "NICHE" SYSTEM good but does not support as wide a range of people and life situations. The SSA is meant to be a safety net for many different groups. This system is working and will continue to work with intelligent guidance. Jim Bunning has introduced S-774 to start the gutting of SSA one small cut at a time. Look at the effect of this bill
Chart from " OLDBLUE "
As we fight one demon another is busy DOING what the first is THINKING ABOUT. This is the Bush administration.
WE MUST VOTE THEM OUT !!!! STARTING WITH THE SENATE TO BLOCK ANY MIDNIGHT LEGISLATION ON THEIR SSA REFORM. THE NEXT TARGET MUST BE THE HOUSE OF REPRESENTATIVES.
WE MUST FIND AN ADDITION TO THE SSA BENEFIT FOR ALL AMERICANS. This is a "CASH FLOW ANALYSIS" OF THE SSA TRUST OVER THE 75 YEAR TERM. FIG 1
NOTE THE EFFECT OF INCREASED WAGES!
Note how the curve levels out and begins to move sideways. This inflection is indicative of a reduced load on the SSA Trust by the BOOMERS. The problem is that the inflection point is so fare in to the negative cash flow region.
If the annual cash flow decline can be slowed in the years 2014 to 2034 ( the inflection point ) the DOOMS DAY ASSUMPTIONS FOR THE SSA CAN BE NEGATED. Basicly we have to keep the SSA Trust in the " BLACK " until the BOOMERS die off. THEN THE POWER OF COMPOUND INTEREST CAN BE USED TO BUILD A SURPLUS FOR THE UP COMING GENERATIONS. The best way to assure this is for the BOOMERS to pre pay their retirement. We the BOOMERS can't drop this ball, all the following generations are depending on our integrity and responsibility. IT'S TIME TO " BELLY UP TO THE BAR AND PAY OUR TAB " NOTE THE CASH FLOW CHART BELOW
From the SSA
The doom and gloom of the Bush administration is all hyperbull !!
The problem we need to focus on is the sharp drop from 2008 to 2034. The best fix for this cash flow problem is to increase the FICA tax rate by 2% now. If the FICA cap wage is raised to $140k to $150k now, we can check the status of the SSA Trust and see how we are doing. REMEMBER THESE ARE PROJECTIONS THE ACTUAL OUT COME MAY BE DIFFERENT!!
In order for this cash flow scenario to take place we must keep the current wage price DISTORTION in place. Some how Bush must force our economy into 1.9% to 1.8% GDP growth. Never raise the minimum wage borrow as much money as he can get away with, to keep the national debit as high as possible. To date Bush has succeeded in increasing the poverty rate overall. Fig.2
BANNER USA in progress, THE RICH GET RICHER THE MIDDLE CLASS GETS POORER AND THE POOR DIE OFF. NOTE THE CASH FLOW CHART BELOW
From the SSA
The doom and gloom of the Bush administration is all hyperbull !!
The problem we need to focus on is the sharp drop from 2008 to 2034. The best fix for this cash flow problem is to increase the FICA tax rate by 2% now. If the FICA cap wage is raised to $140k to $150k now, we can check the status of the SSA Trust and see how we are doing on a yearly bassis. REMEMBER THESE ARE PROJECTIONS THE ACTUAL OUT COME MAY BE DIFFERENT!!
NOTE THE LEVELING OFF
The idea is to keep the SSA Trust in the black until 2034. "The conservative movement has passed into history ."
Pat Buchanan
Why don't I feel better ?
The cbpp
report is a great statement of the RNC'S APPROVAL of SPEND AND BORROW GOVERNANCE. The RNC plan is to run up the BUDGET DEFICIT AND LET FUTURE GENERATION S PAY IT OFF. All the RNC approved plans are DEFICIT EXPANDERS, just what Bush wants .
" We must remember the high standards that come with high office. This begins with careful adherence to the rules."
George W Bush
The reason these plans work well is the fact that they don't have a grope of people working to destroy them from the inside, figure it out BUSH AND THE RNC WANT TO DESTROY THE SSA!!! I THINK THE TERM SADISTIC NE-CON EVANGELICAL ACTIVIST THUGS!! MAY APPLY. Why not ask some folks from UAL if SSA is not like insurance. You might try a better anti SSA spinable question . There are a lot of people ( 52 MILLION ) CURRENTLY COLLECTING BENEFITS. When these folks see a statement like yours they dismiss you as a nut. Every person at ENRON who kept the SSA benefit is happy and thankful for some thing stable and honest.
These folks derive a lot of their income from SSA
Frist is showing signs of the doctor in him, facts over ideology this can't be good for the Bush team. Other Senators may start thinking on their own, this could be a trend in the Senate.
MY POST DIDN'T TERMINATE PROPERLY I CAN'T EDIT THE POST??????
That shows the GREED and AVARICE resident in this administration. There is a excellent linkage the CORPORATE ownership of the Bush administration. NICE TAG !
YOU HAVE A VERY GOOD POINT
"The conservative movement has passed into history ."
Pat Buchanan
Why don't I feel better ?
YOU ARE NOT ALONE
READ H. J. Res 32 THIS WAS BEFORE THE CATO/HERITAGE BRAINWASHING The SSA does not need to be torn apart. These small fixes will correct the PROJECTED short fall SSA Trust fixes.
The FDR plan was is and will be solid . Where did you come up with this table ( methodology ) . FDR's system is working and did work even though the congress tried ti change it.
Frist is seeing AMERICAN doctors being taught STEM CELL TECHNIQUES BY KOREAN doctors. WE have LOST THE LEAD IN STEM CELL RESEARCH. Thanks to the SADISTIC NE-CON EVANGELICAL ACTIVIST
THIS IS WHAT HAPPENS WHEN IGNORANCE MEETS SCIENCE. SCIENCE WINS
.THIS IS THE " MOB " MENTALITY OF THE INQUISITION SET IN MOTION. THE SADISTIC NE-CON EVANGELICAL ACTIVISTS WILL START THE DEATH THREATS AND ALL THE REST OF THEIR INSANITY. THESE PEOPLE ARE SICKOOOS LOOKING FOR A OUT LET TO VENT THEIR REPRESSED SEXUALITY .!!!!
THE TERM IS MEGLAMANIA
You said
Lenin is dead....
But his methods and ideas live on in the RNC
The SSA is the safety net of the American retirement system. The level below which none shall drop. Each needs to buld on the base of the SSA, with a 401k or whatever to develop multiple income streams for retirement like the " rich " do. The more the merrier, and it is nice to know you have a back stop to keep you in play. REMEMBER ENRON.
If one looks at fig 1
This chart is a cash flow analysis of the SSA Trust over the 75 year valuation period. The problem of the BOOMERS can be seen in the steep ( NEGATIVE CASH FLOW ) increase in the rate of the annual short fall in cost to revenue. This chart debunkes the dooms day predictions of the Bush administration. Solution is simple keep the SSA Trust in the black until 2034 and keep the interest on the trust compounding. When the boomers die off the SSA will be stabilized and growing. SSA Trust fixes is a list of known fixes
This argument smacks of circular logic. Question how do you feel about the $90 BILLION / YEAR in corporate welfare passed out by congress ??
PS In this society that which is legal is morally acceptable.
Once a person reads the CBPP report the intentions of the Bush administration should be clear to all. LOAD OUR CHILDREN AND THEIR CHILDREN UP WITH ALL THE DEBIT WE CAN CREATE
Check these plans against the GOLD STANDARD H. J. Res 32
THEY MUST BE STOPPED
" We must remember the high standards that come with high office. This begins with careful adherence to the rules. I expect every member of this administration to stay well within the boundaries that define legal and ethical conduct."
President George W. Bush [Public Papers of the Presidents, 1/29/01] In monitoring the progress of the SSA Trust solvency problem there a number of bench marks that must be met to BEAT THE INTERMEDIATE MDL ( II ) .fig1
The first benchmark is job creation, we must generate,( on average ) 133,000 per month to meet the 3 to 1 ( perfered level ) worker to retiree balance.
We must increase the "real wage". A increase in the minimum wage would be a nice start ( poor folks need to eat to ).
The GDP MUST GROW at more than 2.9% per year.
A slow but steady rise in the live birth rate. We are currently at 12 million live births per year.
WE NEED MORE PEOPLE !
To ensure that we maintain our lead in TECHNOLOGY we need todo some thing about this Fig.2
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
Bush's NO CHILD LEFT BEHIND is a joke in light of this world ranking.
There is another way to HELP beat the INTERMEDIATE MDL ( II ) .
START FUNDING NASA AND STOP THE SILLY MYOPIC GIVE A WAYS TO THE F.O.G. ( FRIENDS OF GEORGE ) .
Next to the presence of the BOOMERS, NASA has been one of the main drivers of our economy and our science infrastructure. The reign of ignorance and simple mindedness must come to an end. We must get back to work and start leading with superior knowledge and ability, not simple military might.
DUMP THESE DUMMIES ON CAPITAL HILL !! READ H. J. Res 32 AND UNDERSTAND IT'S A SAFETY NET . If you want a HIGH EARNING IRA 401k , ADD ONE AND YOU WILL HAVE TWO INDEPENDENT INCOME STREAMS AT TWO RISK LEVELS . THE SSA WORKS 50 MILLION PEOPLE LIVE LIKE HUMAN BEINGS NOT ANIMALS . Lets keep it that way. " WITH MY BLESSINGS "
WE NEED THE TRUTH
NOT PROPAGANDA
.
Most people get backed into, or lost for words , can't quite pin down how to say what they want to say. And end up with " GLITTERING GENERALITIES " , " PAINTING WITH A BROWARD BRUSH " , "CIRCULAR LOGIC ", " NAME CALLING ", ect. . These are our failed attempts at using the language. But to design sound bites, books ( SANTORUM'S LATEST ) videos, using this double talk is a insult to the memory of H.H.H. AU H2O, AND ALL WHO DIED TO PRESERVE THIS COUNTRY. "WE ARE ALL AMERICANS AND WE ALL LIVE IN AMERICA"
"YOU ARE YOUR BROTHER'S KEEPER"
If some have fantasies of being able to desert 25 MILLION to 30 MILLION PEOPLE, in this country they should think again . This is a " CAPITALIST " economic system and the need for "PAYING PARTICIPANTS IS VITAL". More thieves and street urchins will only drag this country into a recession. At present the SSA is the only " low leakage " retirement system active and support of it will insure the survival of our economy. Fig.1
The BOOMERS are fueling this economy. I think every true " CAPITALIST " wants to keep this spending going as long as possible, and as close to these levels as possible.
BUSH'S "BOOMER RETIREMENT RECESSION" MUST BE PREVENTED !
In order to accomplish this goal letting the "BOOMERS" pre-pay for the added load that will be placed on the SSA Trust is the most efficient way to do this. We the "BOOMERS" benefit there fore we should PAY the bulk of the bill. (1)INCREASE THE FICA TAX 2% NOW,(2) INCREASE THE FICA CAP SALARY TO $150K. Then monitor the SSA Trust balance through 2034 on a yearly basis to asses the need to continue the tax increase. This is the safest and the cheapest fix possible. IF THE MONEY IS IN THE BANK WAITING FOR THE PROBLEM AND IT DOESN'T HAPPEN THE GEN Y'S AND THE GEN "WHATEVERS" GET A TAX BREAK IN 2035. Plus a SSA Trust that is in the "BLACK" and growing, with an ever INCREASING INTEREST component.
This is the "cash flow" over the 75 year valuation period. Note the effect of a increase in the "real wage"
Also note there is NO INCREASE IN THE NATIONAL DEBIT I write my posts in " html 3+ transitional " . In effect each is a " web page " and is read as such by each browser that connects to AARP'S message board . the graphics are stored on my web site. When the message board is accessed the graphics are download from my web site to each browser.
This " .gif " was inserted in the text of this message via the " img src="x" command
Where x is the complete url of the image . This is easier than trying to control how "whitney" AARP's text parser handles text placement on the board and it's limited file linking abilities. One warning the "p" must be placed properly to keep the board in its original width. The images are sized to fit the space available on the message board. Links are handled by a href cmd.
Here is a link to a online Programmers Reference http://www.w3schools.com/html/html_reference.asp The first step is to bring the House into near balance and bring the Senate to a 50 / 50 lock to get these people to work together. The RNC must drop this idea of turning the USA into a THEOCRACY and, forcing the rest of us to follow their idea of how to live. By booting a few SANTORUMS OUT OF CONGRESS A MESSAGE CAN BE SENT THAT WILL BE HEARD !!! THIS KIND OF THINKING IS WHAT FDR DIDN'T WANT.
The SSA is not an entitlement program. It is inteded to be a safety net or a back stop so to speak. The idea is to keep YOU in play no mater what happens. The mandate is to assure YOUR survival EVEN IF YOUR CORPORATE PENSION DOES AN ENRON, the 401k is a fraud and the stock mutual fund is a figment of a computers memory and nothing more, THE SSA BENEFIT WILL BE THERE !!! If the stock market crashes and bonds are D.I.W. The SSA BENEFIT WILL BE THERE. The lowest reward carries the least risk and the highest probability of being there when needed. THIS IS THE SSA BENEFIT.
Now is the time to create an extension to the safety net, for the genXers and the gen Y's. Why do you want to distort the SSA into a half baked, almost a loser 401k. Keep the SSA doing what it does best The safety net, the BACK STOP that device that will be there if the corporation has under funded the company's pension plan to the point where you get 15 cents on the dollar, The SSA BENEFIT WILL BE THERE. There is no other plan on the market with the reliability of the SSA. Read H. J. Res 32 . This will give you an idea of what the House of Representatives believed about the SSA before the BRAIN WASHING of the Cato / Heritage alliance with the RNC LEADERSHIP , was applied. If you want a " private plan get one, a real one a 401k or IRA. Add this plan to the SSA benefit and develop 2 income streams at retirement. The idea is as old as investing is. MULTIPLE INDEPENDENT INCOME STREAMS, WITH DIFFERENT RISK PROFILES THIS IS THE WAY TO SET UP A RETIREMENT INCOME PORTFOLIO If you want a private plan add one to the SSA SAFETY NET!!
This plan is " LEAK PROOF "
This plan is intended as a tool to boost the savings incentives for those near and/or at the bottom of the income scale. Note ALL CONTRIBUTIONS ARE TAX EXEMPT AND GROW TAX FREE!!!
Sorry I started working from pre 1974 bond yield eq's ( from memory). There is also another novel idea. Starting retirement savings for ALL at birth / issuance of the SS card. I have also been thinking of INDEXING the tax break for low ( minimum wage earners up to 175% of the poverty line) income earners such that POOREST OF THE POOR CAN GET A ENHANCED BREAK.
I BELIEVE THIS THE WAY TO GO YOU SAVE,,, YOU MAKE OUT AT RETIREMENT BIG TIME, IT IS UP TO YOU.
READ THIS IS HOW YOU TRANSFER WEALTH
SOME BASIC REQUIREMENTS FOR A PRIVATE ADDITION TO THE SSA BENEFIT. This is in addition to the SS FICA There is a higher limit on the annual contribution say 20k dollars/year. The FICA salary cap shall rise to $140,000.00 . The money is exempt from state and federal tax. The money grows tax free The money can be available from say 59 to 64 on, as a monthly pay out over 30 years. THE CONGRESS IS PRECLUDED FROM ANY FORM OF BORROWING FROM THIS ACCOUNT, THE EXECUTIVE BRANCH IS PRECLUDED FROM ISSUING ANY PROCLAMATIONS OR EXECUTIVE ORDERS ATTACHING OR USING THESE FUNDS FOR ANY PERPOSE OTHER THAN THE BENEFITS OF THE OWNERS . FURTHER THERE WILL BE NO COMMINGLING OF THESE FUNDS WITH ANY OTHER AGENCY OR BRANCH OF THE U.S. GOVERNMENT. NO LIEN OR ATTACHMENT OF THE "PRIVATE PLAN's" LEGALLY OBTAINED AND DEPOSITED FUNDS BY ANY COURT, JUDICIAL ENTITY, OR ENTITY WILL BE PERMITTED BY THE U.S. GOVERNMENT. THESE FUNDS WILL BE INVESTED AND MANAGED AS A BOND FUND. THE OBJECTIVE WILL BE OPTIMUM LONG TERM YIELD . ALL US GOVERNMENT ISSUED AND GUARANTEED OPENLY TRADED US GOVERNMENT BONDS AND NOTES , OF ALL MATURITIES SHOULD BE USED AS NEEDED . The operation of the "private plan" should mimic the operations of a bond mutual fund. Interest compounding and, pay outs should be made quarterly . A $ 3.00 minimum per week contribution with a $20,000.00 yearly maximum . Extra deposits should be accepted via inter bank money transfers or EFET deposits to the account, also deposits can be made at any bank cash or check . Subject to the prevailing money laundering laws on the books . All deposits will be tracked by SSA and reported to the IRS as exempt income ( not taxable ) but reported . The total of all deposits will show up on the W - 2 form . The amount to be deposited via weekly payroll deduction should be easily changeable, up or down . The interest paid is as close to the coupon as clipped value as possible Once the agreed upon retirement age is reached the right to start, stop and restart benefit pay outs should be available. Each baby born an American Citizen at the issuance of his / her SS card will have $10.00 dollars deposited into his / her private plan, as a one time retirement grant. The Idea here is to reach the first $ 1000.00 in the account A.S.A.P. . For a new worker entering the work force and, living at home with his /her parents making extra deposits as savings would make for an comfortable retirement . When this worker moves up the pay scale increasing the weekly deposit and or making extra deposits will further increase the additional income provided by the " private plan " The power of large scale buying of bonds can reduce the fixed cost of the operation to the .02 % to ,01 % level. This plan has the potential to transform the idea of retirement living. This plan can double the safety net for new workers entering the labor pool. In order for us older folks to take advantage of this system we would have to increase the amount of our initial deposits. The best use for us older folks would be an cash trap , say after the sale of a house, what should you do with 50k excess profit ? shelter 20k , and let it turn into over $159,000.00 in 15 years . That points to the 6 trillion dollar question, why has not the brain trust that Bush has assembled figured this out . Is there some other reason why some thing like this is not on the table and, up for debate . There is some thing going on and they are not talking. WILL SOME ONE IN THE ADMINISTRATION PLEASE TELL THE TRUTH, WHAT IS GOING ON. This plan will enhance the savings rate in the country. The number of seniors on welfare will decline . The spending power of seniors will start rising just as the population starts to gentrify. As the baby fizzle of the, late 70's early 80's, moves to the workforce center stage, the spending power of the retied will be on the rise. To days pre-tweens will be entering the work force with their greater numbers and, will have spending support to maintain job growth. The pre-tweens will have at least a chance to establish themselves as an economic force. The number of seniors retiring to poverty should begin to approach 0 , because of the doubling of the safety net benefit. This plan has one goal to produce more customers. This country needs more customers with money. GROW OR DIE
IF YOU NEED A FIX FOR SSA SSA Trust fixes. IS A LIST OF THEM. I LIKE # 11 . THIS IS YESTERDAYS NEWS
Why the fear of a simple chart ?? Is there some thing to hide? Is it best ( for some ) that a understandable picture showing the costs of the RNC approved plans stay obscure?? Don't They want EVERY BODY TO UNDERSTAND HOW MUCH THESE PLANS WILL COST.
Seams to me that some of the posters to this board have never read a thing about INCOME PORTFOLIO DEVELOPMENT. These people have never talked to a PROFESSIONAL INVESTMENT ADVISOR or read a simple book on the subject. One of the simplest and most basic rules is HIGH REWARDS go with HIGH RISK.
The art of income portfolio investment is balancing RISK / REWARD , it is not easy. SSA was designed to be the most stable and the simplest. This is where a PRO would start to build, in addition to SSA , up the RISK / REWARD scale, with multiple levels of RISK / REWARD IN A DIVERSE COLLECTION OF ASSETS.
There is a problem with copyrighted © material . You can easily edit whole web (text ) pages and insert them in a post . Watch the copy protected stuff WOW they are already on the run!
"Confusing" a cost of 1.1% of GDP increase in debt service with a 1.1%increase in the debt service (about a thousand fold difference)
Stating that the annual 1.1% of GDP increase in debt service would really be paid over 45 years instead of each and every year.
Looks like a malleable yard stick ( GDP )
May be this one thinks the GDP is the National debit, very confused!
This is why the administration uses % of GDP
You said
"And considering the impact of the added investment in the economy, I'd expect that we'd see the economy grow faster than it is now (as evidenced by the economic growth following the recent tax cuts which added investment money to the economy) and thereby offer greater opportunities for even those who elect to stay in the traditional SS system to benefit."
A large increase in the DEFICIT and the NATIONAL DEBIT are the only things that the tax cuts have given this economy see fig's
Is this really good for our economy? Where are we going to come up with the bucks to pay this off.
Chart by "OLDBLUE"
There is no such thing as "FREE MONEY" we must pay to use someone else's cash
The National bebit is up and rising
Chart from " OLDBLUE "
Great tax cut ! Do you want to add 17 TRILLION to 20 TRILLION to this debit for the Bush plan? Your grandchildren will love you for this beautiful present. If you think some of the other RNC approved plans are better read the CBPP REPORT.
THE PROJECTED SSA SHORT FALL IS $4 TRILLION NOT $17 TRILLION OR $20 TRILLION. WHY BORROW MORE THAN $4 TRILLION . $17 TRILLION COULD BUY A PERMANENTLY MANNED SPACE STATION , A PERMANENTLY MANNED MOON BASE AND A MANNED MARS BASE. IF YOU ARE THAT DESPERATE FOR A " PRIVATE SSA PLAN " ADD THIS TO SSA. This plan is $16.89 TRILLION CHEAPER OVER 75 YEARS.
READ THIS IS HOW YOU TRANSFER WEALTH
SOME BASIC REQUIREMENTS FOR A PRIVATE ADDITION TO THE SSA BENEFIT.
This is in addition to the SS FICA
There is a higher limit on the annual contribution say 20k dollars/year.
The FICA salary cap shall rise to $140,000.00 .
The money is exempt from state and federal tax.
The money grows tax free
The money can be available from say 59 to 64 on, as a monthly pay out over 30 years.
THE CONGRESS IS PRECLUDED FROM ANY FORM OF BORROWING FROM THIS ACCOUNT, THE EXECUTIVE BRANCH IS PRECLUDED FROM ISSUING ANY PROCLAMATIONS OR EXECUTIVE ORDERS ATTACHING OR USING THESE FUNDS FOR ANY PERPOSE OTHER THAN THE BENEFITS OF THE OWNERS . FURTHER THERE WILL BE NO COMMINGLING OF THESE FUNDS WITH ANY OTHER AGENCY OR BRANCH OF THE U.S. GOVERNMENT. NO LIEN OR ATTACHMENT OF THE "PRIVATE PLAN's" LEGALLY OBTAINED AND DEPOSITED FUNDS BY ANY COURT, JUDICIAL ENTITY, OR ENTITY WILL BE PERMITTED BY THE U.S. GOVERNMENT. THESE FUNDS WILL BE INVESTED AND MANAGED AS A BOND FUND. THE OBJECTIVE WILL BE OPTIMUM LONG TERM YIELD . ALL US GOVERNMENT ISSUED AND GUARANTEED OPENLY TRADED US GOVERNMENT BONDS AND NOTES , OF ALL MATURITIES SHOULD BE USED AS NEEDED .
The operation of the "private plan" should mimic the operations of a bond mutual fund.
Interest compounding and, pay outs should be made quarterly .
A $ 3.00 minimum per week contribution with a $20,000.00 yearly maximum .
Extra deposits should be accepted via inter bank money transfers or EFET deposits to the account, also deposits can be made at any bank cash or check . Subject to the prevailing money laundering laws on the books .
All deposits will be tracked by SSA and reported to the IRS as exempt income ( not taxable ) but reported .
The total of all deposits will show up on the W - 2 form .
The amount to be deposited via weekly payroll deduction should be easily changeable, up or down .
The interest paid is as close to the coupon as clipped value as possible
Once the agreed upon retirement age is reached the right to start, stop and restart benefit pay outs should be available.
Each baby born an American Citizen at the issuance of his / her SS card will have 10.00 dollars deposited into his / her private plan, as a one time retirement grant.
The Idea here is to reach the first $ 1000.00 in the account A.S.A.P. . For a new worker entering the work force and, living at home with his /her parents making extra deposits as savings would make for an comfortable retirement . When this worker moves up the pay scale increasing the weekly deposit and or making extra deposits will further increase the additional income provided by the " private plan "
The power of large scale buying of bonds can reduce the fixed cost of the operation to the .02 % to ,01 % level.
This plan has the potential to transform the idea of retirement living. This plan can double the safety net for new workers entering the labor pool. In order for us older folks to take advantage of this system we would have to increase the amount of our initial deposits. The best use for us older folks would be an cash trap , say after the sale of a house, what should you do with 50k excess profit ? shelter 20k , and let it turn into over $159,000.00 in 15 years . That points to the 6 trillion dollar question, why has not the brain trust that Bush has assembled figured this out . Is there some other reason why some thing like this is not on the table and, up for debate . There is some thing going on and they are not talking. WILL SOME ONE IN THE ADMINISTRATION PLEASE TELL THE TRUTH, WHAT IS GOING ON.
This plan will enhance the savings rate in the country. The number of seniors on welfare will decline . The spending power of seniors will start rising just as the population starts to gentrify. As the baby fizzle of the, late 70's early 80's, moves to the workforce center stage, the spending power of the retied will be on the rise. To days pre-tweens will be entering the work force with their greater numbers and, will have spending support to maintain job growth. The pre-tweens will have at least a chance to establish themselves as an economic force. The number of seniors retiring to poverty should begin to approach 0 , because of the doubling of the safety net benefit. This plan has one goal to produce more customers. This country needs more customers with money. GROW OR DIE
Please asses the advantages of SINGLE ASSET retirement income portfolio vs the traditional MULTI ASSET MULTI RISK / REWARD portfolio.
JUST ONE LINK,,,, PLEASEEEE !
YOU SAID
" The socialist want us to believe that by being born we are liable for the needs and desires of others.
"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ". GEORGE W. BUSH on 03/ 31/05
So says our inferious leader
YOU SAID
"Whether it be Hitler, Stalin, or Castro, they all had a vision of a personal utopia based on the governements ultimate control of everything within its grasp."
Are you referring to SADISTIC NE-CON EVANGELICAL ACTIVISTS push to repeal ROE v WADE or are you referring to the US SUPREME COURT RULING ON EMANATE DOMAIN ?? Or are you referring to the SADISTIC NE-CON EVANGELICAL ACTIVISTS push to codify the " CHRISTIAN VALUES SYSTEM " in the US Constitution?? Is LENIN included in this illustrious group??
It would be nice to give SEN. SANTOURM the boot !! Did any one see him on THIS WEEK last Sunday morning???
There is a way to add another leg to the one legged stool of SSA , but first the SSA Trust must be stabilized with SOME OF THE KNOWN SMALL ADJUSTMENTS . CARVING ANY THING OUT OF SSA IS SELF DEFEATING AND WILL DESTROY THE BASE SSA BENEFITS. ANY THING ADDED MUST BE IN ADDITION TO THE CURRENT SSA BENEFIT, AS AN EXTENSION OF THE SSA SAFETY NET .
THE MOST INTERESTING IDEA I HAVE HEARD IS TO START RETIREMENT SAVINGS AT BIRTH / ISSUANCE OF THE SSA CARD. Instead of this current insanity of BIG gains in a SHORT time . This instant wealth approach forces people into bad HIGH RISK investments. If the savings time horizon is extended over 50 years min. the RISK PROFILE of the asset class can be improved.
THE SILLINESS RESIDENT IN THE SSA REFORM PLANS ANALYZED IN The Center for Progress report and the CBPP report Is indicative of people who don't care what they do to the " YET TO BE BORNE'S ". HOW ARE THEY GOING TO PAY OF ANY OF THIS PROPOSED DEBIT. How can an mature adult justify BORROWING 2, 3, 4 TIMES THE AMOUNT OF MONEY NEEDED TO FIX THE PROBLEM, AND THEN NOT FIX THE PROBLEM?? IS THIS INSANITY OR WHAT??
These people should be bounced out of congress for reasons of diminished capacity.
THE RNC IS WILLING TO SUBSIDIZE THE WEALTHIEST CORPORATIONS ON THIS PLANET TO THE TUNE OF 90 BILLION PER YEAR , AND GIVE BOONDOGGLE TAX BREAKS TO DEAD BEAT, FREE LOADERS WHO CAN'T EVEN PAY FOR THEIR OWN RETIREMENT.
And yet these same SADISTIC NE-CON EVANGELICAL ACTIVISTS allow this to happen. Fig1
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
Remember the HYPOCRITE
"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ". GEORGE W. BUSH on 03/ 31/05
So says our inferious leader
Stop "PAINTING WITH THE BROWARD BRUSH " and add a little specificity to your post
YES THEY CHOSE TO BE POOR
Sen SANTOROUM Tried to sell the idea that Gloria Stinenum is the driving force that is forcing the average woman to work out side the home AND DESTROY THE FAMILY UNIT . He used the technique of " PAINTING WITH THE BROWARD BRUSH " , He referred to " ALL THE RAGING FEMINISTS " ( I CAN'T REMEMBER HIS NAME !!! the former Clinton aid who took over from Brinkley) He made the statement " THAT'S PAINTING WITH A VERY BROWARD BRUSH " and then asked the question " WHICH FEMINIST ACTIVISTS ". At this point Sen Santroum lost the holier than thou attitude and started stumbling around for a name Gloria was the only name he could come up with. When the fact that his book was a knock off of Sen. Clinton's was pointed out to him he linked Sen. Clinton to Mrs. Stinenum and labeled Sen. Clinton a raging feminist as a way to discredit her book. This man is a piece of work.
Good deflection , change the subject, attach the data, very good. TRY READING THE REPORT FIRST
You for got the choice of where and to whom you are borne.
You forgot being a crack baby this kid should have picked a different mom
You forgot having to go to a substandard school with gangs and older crack babies
you forgot having to work to earn money to feed his/her self and family
You forgot a minimum wage of $5.50/hr
You forgot plant closings where jobs go over there
You forgot life in a small dieing town
you forgot life in Appalachia
"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ". GEORGE W. BUSH on 03/ 31/05
So says our inferious leader
"You for got the choice of where and to whom you are borne." In the wrong place then MOVE!
How far do you think a 4 year old will get with no food and no money? When a prenatal infant moves out of the womb it's called " miscarriage " or a " premature birth ". This kid is not going very far. This kid is in big trouble.
Born to the wrong family? This is not India! There are no "untouchables" here!
When was the last time you actually talked to someone who is HOMELESS AND LIVING ON THE STREET, ever actually touched a homeless person?
"You forgot being a crack baby this kid should have picked a different mom" That "dear" mother already made the choice didn't she?
According to you This child should be condemned for not leaving this bad situation
"You forgot having to go to a substandard school with gangs and older crack babies"
It's "your" choice, as a student, to learn or not! Just another liberal excuse! In fact since you brought it up, I just heard that 60% of blacks fail to get a high school degree! They just drop out! This is going to be a real problem in the future
DO YOU REMEMBER ANYTHING ABOUT SCHOOL? When TEACHERS are forced to buy books, paper , pencils and chalk WITH THEIR OWN MONEY. Inhabit a building where half the TOILETS are CONDEMNABLE . Fight untreated A.D.D. ( some times along with the sick students ) I can guarantee you there is very little LEARNING GOING ON.
"you forgot having to work to earn money to feed his/her self and family"
If he works year round, he most likely is not in poverty! Think not! Check here:
Most poor teenagers that work to support their families and go to school on occasion with hopes of some day graduating, will be among the "working poor".
Younger workers have highest poverty rates, MLR- The Editor's Desk BLS has some idea what is going on. When women join the work force they earn less than men. Of course these people want to be poor.
QUESTION HOW LONG CAN YOU GO WITH OUT EATING????
IS CHEAP LABOR ENFORCED BY ENGINEERED AND ARTFULLY MAINTAINED STRUCTURAL POVERTY THE ESSENCE OF THE SADISTIC NE-CON EVANGELICAL ACTIVIST'S VALUE SYSTEM???
WHEN MEXICO PASSES THE USA ON THIS CHART ALL SADISTIC NE-CON EVANGELICAL ACTIVISTS WILL CHEER AT THE ACCOMPLISHMENT.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
broad
BROAD
BUSTED,,,, HOW DID THAT GET THERE ??? HAPPY FINGERS! Sister Charles tried but still I get carried away!!!!
GET THEM SS CARDS AND LET THEM PAY FICA!!!
The RNC's "anti Hillary campaign" is showing Looks like the RNC is going to *ESCAPE GOAT " famous and powerful liberal women as the cause of " THE DETERIORATING FAMILY ".
What struck me was his change in demeanor , when pinned on the " RAGING FEMINISTS " statement the " pin "was totally unexpected. He seamed to have another prepared statement ready to follow the " RAGING FEMINISTS " statement . His double take was as if to say "DON'T YOU AGREE?", " WHERE DID YOU LEARN THAT "? I wonder if he had been practicing this line with a " stand in questioner".
WELCOME TO THE REAL WORLD
WE ARE ALL AMERICANS AND WE ALL LIVE IN AMERICA
WHY DO YOU THINK YOU HAVE THE RIGHT TO CREATE $20 TRILLION IN NEW DEBIT TO FIX A $4 TRILLION PROJECTED PROBLEM, AND THE SO CALLED FIX ACTUALLY WON'T FIX THE PROJECTED PROBLEM.
All of the other RNC approved plans waste money and, load the next three generations up with a HUGE debit load. As I have said $17 Trillion will buy
- A SPACE STATION 3 TIMES THE SIZE OF FREEDOM.
- A CONTINUOUSLY MANNED MOON BASE
- A MANNED MARS BASE
A t least if we build these facilities we will employ a lot of people and super stimulate this economy. These loser CARVE-OUT SSA PRIVATIZATION PLANS WILL JUST RUN UP A USELESS DEBIT.
This is one of the problems that I have been considering.
- THE NUMBER OF PEOPLE INVOLVE IN THE PLAN, ALL HOLDERS OF A SS CARD
- THE CLINTON CONUNDRUM ( WHERE CAN WE FIND A MARKET BIG ENOUGH FOR THE INVESTMENT )
- THE NEED FOR A LOW RISK INVESTMENT
Item 1 This is the reason the SSA should manage such a fund, SSA already has a complete data base of all SS card holders, and they are already plugged into all employers and banks.
Item 2 here I selected US Gov Bonds, Notes and Receipts of deposit of all maturities. For one reason , absolute safety. Yet with the goal of maximizing yields and the large number of participants, there is a chance that market disruptions could occur. If each of about 148 MILLION workers deposited $3.00/wk about $444 MILLION PER WEEK EVERY WEEK WOULD NEED TO BE INVESTED. ( THIS IS THE CLINTON CONUNDRUM WHERE CAN WE INVEST THE MONEY ). The cash flow described here is small if many " HIGH EARNERS " contribute the full $20k and others use as much as they can the US Gov. securities market could get tight. If we expand out to direct stock investment the fund yield will fluctuate as the stock market swings up and down. Should we buy voting or non voting , only "dividend yielding " or growth, index funds mutual funds???
If we drop down to the US GOV agency bond level ( TVA and others ) . We would see low RISK and good yield. There is one problem THIN MARKET.
At this point I think that it is time to break out of the ME ME INSTANT WEALTH CIRCULAR LOGIC and create some thing new.
I have been thinking about a NASA BOND . NASA IS THE ONLY THING WE HAVE THAT NO ONE ELSE IN THE WORLD HAS. Question Is there a viable premise or REWARD THAT CAN BE LEGALLY ATTACHED TO A SUB CLASS OF US TREASURY BOND TO CREATE A SALEABLE SECURITY.
If a revenue stream can be defined to distribute the proceeds of patents developed by NASA funded research is one that I can think of ? This would require increased revenue from joint ventures with private companies. I wonde if this could be extended to NIH , DOD , and others.
"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ". GEORGE W. BUSH on 03/ 31/05
So says our inferious leader
YOU ARE ACTUALLY PROTECTING YOUR SELF
What do think you would be doing in the midst of a massive recession. This recession has been caused by 50 MILLION people dropping to and some below the poverty line. The national debit now stands at $10 TRILLION. The SSA has failed. Consumer spending has taken a horrendous hit. What would Fig 1 look like.
Do you have a JOB or investments to tend ?
WE ARE ALL LINKED AT THE HIP AND WE ARE " OUR BROTHERS KEEPER " WHETHER WE LIKE IT OR NOT.
This is the CAPITALIST SYSTEM . THIS IS A REALITY OF LIFE.
Now is the time to strengthen the SSA system. To ensure the survival of the United States of America and it's people as a whole . This is not he time to whine about supposed theft of money by one of the most successful and, legal Social programs known to man, the SSA
The big problem Clinton was facing was this:
- ALL THE PUNDITS, THE CBO , AND ALL THE ECONOMISTS WERE PROJECTING SURPLUSES AS FAR AS THEIR EYES COULD SEE.
- QUESTION, HOW CAN WE PRE-FUND THE UP COMING BOOMER RETIREMENT WITH NO 30YEAR BOND
Here is a link to more info http://www.gao.gov/archive/1999/a399096t.pdf
This about the SURVIVAL of the United States of America as a whole , ALL THE PEOPLE !!
I found the story http://www.cnn.com/2005/POLITICS/08/02/elections.roundup.ap/index.html This looks
bad for the RNC as a whole. A winning margin of 52% to 48% in a traditionally Republican district is very good for the Dems.
The Achilles heal of the Republican party is showing. I SMELL BLOOD
- Honesty when it comes to the Iraq war
- Jobs going over seas and job creation here at home
- How the war is being handled
IF ONE COULD INTEGRATE THE FOLLOWING INTO THIS MIX.
- Control of the deficit / National debit
- (STRENGTH via FINANCIAL SOLVENCY)
- ROLL BACK OF CORPORATE PORK
- DROP PRIVATIZATION AND STABILIZE THE SSA ONLY.. NO MORE ADDED DEBIT
THIS MAY FORM A WINNING NATIONAL BASE
Sen, Jim Bunning already has a bill in the US SENATE S-774 . This little SSA destroyer is an attempt to quietly destabilize SSA funding and, give PORK to the F.O.G. ( FRIENDS OF GEORGE ) fig.1
Chart from " OLDBLUE "
Looks like pure PORK for the F.O.G. ( FRIENDS OF GEORGE ) to me.
"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ". GEORGE W. BUSH on 03/ 31/05
So says our inferious leader
This is your future,,,UNDER THE BUSH DOCTRINE
Yes at present we are still ahead of Mexico, but we are dropping fast. Fig.1
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
Take a look at this fig2
From the Census Bureau
Looks like Bush's CHEAP LABOR plan is working. After all if we must compeat in the globalized market we must lower our standard of livng for some to keep our cost of labor down.
It is a sad day when a member of the US SENATE must rehearse for a talk show sit down Q and A . If these people can be forced of " script " they are dead
If Santorroum is typical of the Republican candidates , they are in trouble. The key is to ask for specifics, accept no evasions cut to the point.
These folks think the SSA is a good deal. Fig.1
From the SSA
Soon when you are old enough you to will see the need for the SSA . Once you have lived and seen how life can change in a hart beat ( stroke ), car accident, a simple slip and fall and it's time for disability income insurance. How well are you covered ?
You said
1: Let them keep more of what is their own earned income.
If the recession Bush is trying to set up happens these folks at the bottom won't have any income. Oh by the way If you destroy the SSA how will these people eat fig1
From the SSA
The poor depend on the SSA more than you wealthy folks do.
The SSA retirement income benefits are everyting to the poor.
You said`
2: Stop trying to tell us what to do with our earnings.
Time to grow up ! The SSA is the most successful programs in the history of man. This LAW was enacted by Congress and signed by FDR.
You said
3: It is not yours, why is it you keep insisting that you have a right to my time of life?
What are you talking about???
You said
4: What is it you call poverty?
Poverty is a state of being, in which the " POOR " person has insufficient resources to live as most in the country live. DO YOU UNDERSTAND NO FOOD , DO YOU UNDERSTAND NO PLACE TO LIVE .
5: That has nothing to do with SSA any how other than you advocate theft from the poor to fund it.
WHAT DO YOU HAVE AGAINST SAVINGS FOR RETIREMENT
WHAT ARE YOU TALKING ABOUT. WHAT ARE YOU TALKING ABOUT???? I AM NOT A SADISTIC NE-CON EVANGELICAL ACTIVIST I DON'T WANT TELL YOU WHAT RELIGION SHOULD BE THE "STATE RELIGION " OF THE United States of America .
As a catholic I feel you and God have to work out your beliefs. It is not my business. I also feel you have a right to control what happens to your body,(A RIGHT TO PRIVACY ). I believe you should be able to read, and publish what you want, ( FREEDOM OF SPEECH ). I don't like th deliberate and systematic creation of a IMPOVERISHED WORKING UNDER CLASS to provide cheap labor for some of the wealthiest of the wealthy.
YES I AM A LIBERAL AND PROUD OF TO SAY IT. I believe this is an insult to the founders of this country.
Data from IDEAS at repec@repec.org
Full report at http://www.unicef-icdc.org/publications/pdf/repcard6e.pdf
The destruction of the SSA will slide us down this little list further.
Can the silliness I know some have never been with out a credit card from daddy.
The SSA was and is one of the best retirment safety net programs on this plant. This program has and will survive the I HATE THE SSA lobby. From day one the struggle began with HOMELESSNESS, The present from Republicans in congress. Then came stupidity from both the Left and the Right , a FICA tax freeze when SSA was ramping up to become the intended PRE- PAID system FDR had designed.
And today SSA is under attack from the SADISTIC NE-CON EVANGELICAL ACTIVIST wing of the Republican party. There are 52 million people opposed to this latest assault, the lines have been drawn and the battle has been joined. The F.O.G. ( FRIENDS OF GEORGE ) and the SADISTIC NE-CON EVANGELICAL ACTIVISTS had better think "three times" we have a long memory, do you want to run for a HOUSE seat.
Simple SSA has been and should always stay the SAFETY NET.
When a retirement income portfolio is constructed there has to a BOTTOM, a base to build the rest of the portfolio on. The SSA benefit is this base. The RISK / REWARD balance of the portfolio must be generated from the base ( LOWEST RISK there for LOWEST REWARD ). This is the SSA benefits position. A standard asset allocation model will place at least two levels above the SSA benefit. A 401k is a good repository for the next two levels.
The SSA asset is basically bonds, the investment goal is appreciation via interest earned only no trading. A good next step would be a mutual fund targeting dividend paying stocks with the intent to buy and hold to accrue dividends and slow stock appreciation . The dips I stock price can be effectively countered with buying of the occasional put to lock in some profit from the dips. A stock mutual fund may also beaded as another asset class. If this mutual fund is selected to invest in growth stocks ( non dividend payers). This would give a good start..
|
|