tag:blogger.com,1999:blog-7982981413278241287.post800152260161045058..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Must Read: Ron Paul's Statement On Debt Limit LegislationDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7982981413278241287.post-48462028564555187642011-07-23T00:33:20.918-06:002011-07-23T00:33:20.918-06:00Immediately cease military adventurism. If corpora...Immediately cease military adventurism. If corporate interests need protection while looting sovereign states, let them hire their own mercenaries. Why should US citizens pick up the tab? Paul Craig Roberts just published an excellent piece on this: <br />An Economy Destroyed: The Enemy Is Washington<br />http://www.activistpost.com/2011/07/economy-destroyed-enemy-is-washington.htmlexpatnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-21090207175357151822011-07-21T07:03:21.589-06:002011-07-21T07:03:21.589-06:00(Dave)
I'd like to see your source for showin...(Dave)<br /><br />I'd like to see your source for showing that SS takes in more than it pays. Actually I believe sometime in the last 12 months the payout started to exceed the revenue. SS was never meant to be expense subsidy for retirees. It was originally intended to assist widowed women. Now a majority of those receiving it require it. Plus there are many getting it that don't need it. <br /><br />But it doesn't matter how you slice up the Govt expense line, it still exceeds the revenue line by a couple trillion per year now (you measure the cash in/cash out defiicit by looking at net debt issuance every year) and that situation will eventually come to an end, either willingly with pain or unwillingly with twice as much pain.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-85524882026145961262011-07-21T00:13:14.882-06:002011-07-21T00:13:14.882-06:00Excellent post Dave!Excellent post Dave!Bill Osbornenoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-14803396961937285462011-07-21T00:02:09.112-06:002011-07-21T00:02:09.112-06:00Ron Paul is right-on about what needs to happen to...Ron Paul is right-on about what needs to happen to safe our country from the banksters. Ron Paul also introduce H.R. 459 to do a full audit of the Federal Reserve. It's about time we see what it is our central bank has been doing with swaps and loans to foreign countries (including Libya and China).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-89955098989464736762011-07-20T20:07:54.511-06:002011-07-20T20:07:54.511-06:00You want absurd...read Summers op-ed ...this was o...You want absurd...read Summers op-ed ...this was our Treasury secretary...<br /><br /><br />Only Poor People Should Be Allowed To Fail<br /><br />My regular readers surely remember George Carlin’s Great Big Club, the<br />one you’re not in. The club’s members are the elites who have a large<br />say in how the U.S. (and world) economy is run. They often come from<br />the world of Big Finance. Usually they are former (and future)<br />employees of the big Wall Street banks. There is no overt conspiracy<br />to run the world. Instead, there is a loose but incredibly effective<br />coalition of common interests. Washington politicians, at least the<br />important ones, are often in their pocket.<br /><br />Larry Summers carries water for those interests. He is their<br />mouthpiece and back in 1999 under Clinton, he was their enforcer.<br />There he is (far right) on the cover of Time Magazine in February,<br />1999 along with Bob Rubin and Alan Greenspan. And how was this 3-man<br />committee to save the world going to accomplish this great feat? By<br />deregulating derivative securities, repealing Glass-Steagall, etc.<br /><br />http://www.swarmusa.com/vb4/showthread.php/6615-Only-Poor-People-Should-Be-Allowed-To-FailAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-33143155328714747792011-07-20T19:05:19.716-06:002011-07-20T19:05:19.716-06:00SS takes in more then they pay. Additionally they...SS takes in more then they pay. Additionally they have about $4 trillion that the feds borrowed from them. To lump SS with defense or welfare is dishonest. The government should seperate the SS from the budget and get congress out of the decision process. Force the SS adminstration to manage the money for the people and not the politicians.<br />Medicare is in a similar position except that they do not take in as much in Medicare revenues as they pay out. The system should be designed to either pay for itself or if it must be subsidized then at least recognize it is one of only two federal programs with dedicated funding. <br /><br />The Medicaid program is 100% funded from the general fund. That means the people who benefit from Medicaid don't pay for medicaid. This is true for all the other various forms of welfare. If the budget needs to be cut then the programs of this nature should be cut and/or eliminated before even touching SS or Medicare.<br /><br />Eliminate the Department of Education, NASA, USDA, DOC, DOE, HHS, DHS, HUD, DOL, DOT, etc. None of these programs are self funded. None of these programs are required/allowed by the constitution.Anonymousnoreply@blogger.com