Archive for the ‘social-security’ Category

Paul Ryan details drivers of debt

Posted: March 15, 2011 in debt, deficit, deficits, democrat, democrats, economic, economics, economy, election, entitlement, John Keynes, paul-ryan, social-security, Zimbabwe School of Economics
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Here is House Budget Committee Chairman Paul Ryan (R., Wis.) explaining the nature of the debt crisis in the United States, on Fox News.

Andrew Klavan: The Highway to Hell, Leftist Remix Edition

Posted: January 28, 2011 in academics, america, anti-colonialism, bailout, banking, bankrupting america, big government, big green, business, cap and tax, carbon, carbon trading, Cloward Pivens, conservatism, conservative, conservatives, democrat, democrats, dhimmicretins, economics, education, Education Bubble, Education Department, education reform, entitlement, environmentalism, EPA, justice, liberals, libertarian, libertarianism, liberty, new, PJTV, racism, republican, republicans, social-security, socialism, washington, york, Zimbabwe School of Economics
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The road to Hell is paved with good intentions. But shouldn’t it be paved with bad intentions? Andrew Klavan investigates.

Saving Social Security with Personal Retirement Accounts

Posted: January 11, 2011 in audit the Fed, austrian, banking, banking standard, bankrupting america, barack obama, Barney Frank, bernie, big government, bureaucrat, democrat, democrats, elite, elitist, entitlement, federal reserve, free money, freedom, government, government spending, obama, republican, republicans, security, social-security, Zimbabwe School of Economics
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There are two crises facing Social Security. First the program has a gigantic unfunded liability, largely thanks to demographics. Second, the program is a very bad deal for younger workers, making them pay record amounts of tax in exchange for comparatively meager benefits. This video explains how personal accounts can solve both problems, and also notes that nations as varied as Australia, Chile, Sweden, and Hong Kong have implemented this pro-growth reform.

One cannot reform a Ponzi scheme by making it more expensive or less lucrative, and the dearth of new participants dooms a Ponzi scheme of any sort. The only real solution is to give workers control over their own funds and to keep them away from Congress.

Update! Could this link be the reason for the obsession about BMI?

 

 


 

How to Get Money Moving

Posted: November 5, 2010 in 2010, a time for choosing, agenda, amendment, america, arguing with idiots, audit the Fed, auto bailout, bailout, barack obama, big government, bureaucrat, capitalism, change, chinese, choosing, Civilization, Cloward Pivens, congress, conservatism, conservative, conservatives, constitution, cost of freedom, debt, deficit, deficits, democrat, democratic, democrats, disaster, economic, economy, education, education reform, election, elite, elitism, elitist, entitlement, environmentalism, federal eserv, federal healthcare, federal reserve, freedomworks, goverment, healthcare, healthcare reform, idiots, injustice, justice, keynesian, liberal, lies, macroeconomics, monetary policy, national, obama, political, shared sacrifice, social-security, socialism, washington, wealth creation
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Downwards

Quantitative Easing II (or QEII), the pumping of $600,000,000,000 into the economy without any wealth creation, was, I think intended to get companies to spend the cash they are sitting on while they wait to see what the rules (taxes) will be before making any projections or planning how to use it. I’m quite sure that the knowledge their money will depreciate in purchasing power by 20% in the next few months will cause them to at least rethink their positions. Whether it will actually stimulate spending is less certain.

One thing is sure. It is going to infuriate anyone we owe, bondholders, those holding dollars, or that we have promised money. And as it trickles down to the general population and they notice everything is 20% higher there is going to be a lot of finger pointing going on in the political class. Hopefully it will cause that “screwy idea”/sarc of auditing the Federal Reserve to come to fruition. You do notice that the official announcement was held until after the election?

Time to review that Cloward-Piven strategy again.

Here are some links to “enjoy”/sarc:

Dollar at Risk of Crashing, Triggering Inflation

Brazil Ready to Retaliate for US Move in Currency War

U.S. dollar printing is huge risk -China

Germany Concerned About US Currency Moves

Fed bond move spurs backlash from Asia to Europe

Things Don’t Change. Politicians Lie!

Posted: October 21, 2010 in 2010, 8/28, america, ann coulter, auto bailout, bailout, barack, barack obama, bearded marxist, big green, big labor, bill whittle, california legislature, carbon, change, Cloward Pivens, co2, columnist, committee, congress, conservatism, conservative, constitution, declaration of independence, defense, deficits, democrat, democratic, democrats, economy, education reform, election, elite, elitism, elitist, eminent domain, entitlement, environmentalism, federalist papers, first amendment, florida, geithner, glenn beck, global warming, goverment, grayson, hispanic congressional caucus, illegal, immigration, james madison, john kerry, libertarian, limbaugh, lisa murkowski, march on washington, mark levin, Mugabe-omics, NEA, Neo-Libertarian, no will lose theirs, obama tax hikes, patriotic, pelosi, politics, progressive supreme court, reform agenda, reid, republican, rush, slaves, social-security, socialism, taxed enough, tea, tea party, tea party patriots, teacher's union, that's a lie, things
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True the Vote – Stop Voter Fraud now!

Posted: October 15, 2010 in 2010, 8/28, 9/12, afscme, AFT, agenda, america, auto bailout, bailout, barack, big green, big labor, bill whittle, carbon, Civilization, co2, congress, conservatism, conservative, constitution, debt, democrats, economy, education, Education Department, eminent domain, entitlement, environmentalism, freedomworks, general electric, global warming, goverment, healthcare, joe miller, obama, obama tax hikes, patriotic, social-security, the, true, uaw, union, unions, vote, washington
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Voter Fraud is a destroying the election process and why True the Vote is committed to fighting it.

You keep using that word!

Posted: October 14, 2010 in 2010, america, ann coulter, barack, big green, big labor, bride, california legislature, chris christie, christine o'donnell, citizens united, congress, conservatism, conservative, constitution, debt, declaration of independence, deficits, democrats, discussion, election, entitlement, environmentalism, fezzik, funny, glenn beck, goverment, governor christie, governor sarah palin, heritage action, inconceivable, inigo, joe miller, limbaugh, montage, mozilla2012, princess, reason magazine, reason.com, reason.org, reason.tv, reasontv, republican, social-security, taxed enough, tea, tea party, tea party patriots, the overton window, unemployment, union, unions, vizzini, washington, westly
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WASHINGTON (Reuters) – New claims for jobless benefits unexpectedly rose last week, hardening the view the central bank will pump more money into the economy in hopes of boosting growth and lowering unemployment.

Insanity: doing the same thing over and over again and expecting different results.
Albert Einstein

Paul Ryan attempts adult conversation w/ House Democrat

Posted: September 23, 2010 in congress, debt, deficits, democrats, entitlement, paul-ryan, republican, social-security
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Congressman Paul Ryan continues his efforts to advance an adult conversation on the urgent need to protect Social Security. Wasserman-Shultz continues not to listen and interject “Wall Street…Wall Street” as though that were the only other option. FICA stands for Federal Insurance Contributions Act and had that money been treated as as insurance reserves, it wouldn’t be in trouble. But the Dhimmicretins had to find money to pay for LBJ’s “Great Society” so they took the money out and replaced it with IOUs and have continued that process with Rethuglican accomplices ever since. Enron execs and Bernie Madow learned from those crooks , did the same thing and went to jail. We need to send some congresscretins there too.