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Christie makes it official
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07/07/2015 00:02:36
 
 
À
06/07/2015 22:58:16
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., Nouvelle Zélande
Information générale
Forum:
Politics
Catégorie:
Élections
Divers
Thread ID:
01621596
Message ID:
01621819
Vues:
46
>>As every business owner knows.. there is rarely "the problem" - rather there is a bunch of "a problems."
>Corruption in government at all levels is an addressable problem and should be addressed.
>If there is a larger problem, so be it.. but deal with what you can.
>
>This is what I cannot understand. The Medicare deficit is going to impact profoundly on most people with "United States" in their UT profile. Yet I perceive no sense of urgency- despite the fact that a deficit of that size grows bigger and meaner every day it is not addressed. The Ponzi scheme is undone because the wealth transfer to the 1% and Gerontocracy leaves the young relatively impoverished and unable to pay their Ponzi dues, especially once they realize that the arrangement is for them to pay orders of magnitude more than previous generations for Medicare and then get nothing. Revolting against your parents and grandparents isn't easy, so perhaps the young will establish their own economy and leave oldsters to shave money off each other and celebrate wealth expressed in currency that's of no interest to workers and can only be used to pay inflated prices for property from other oldsters.

Hmm
Here are some thoughts...
When Bill Clinton left office, I was worried because my investment strategies involve US Treasury bonds and there was a good chance that, because there would be zero US government debt, I wouldn't be able to buy them.
Allan Greenspan actually said that the end of the US Treasury bond was in view.
8 years, some idiotic tax cuts, two even more idiotic wars, and a record financial crisis later , we had record deficits.
Those deficits, not the age battle you posit, are bankrupting SS and Medicare, because the US Treasury has:
a. raided their reserves to fund tax cuts, wars and bailouts
b. not contributed to the reserves because of a shortage of money created by tax cuts, wars and bailouts.

Of course young people pay for older people's care. That's as old as human history. (I wish my kids would figure that out)
However, when the money that the young people put up to take care of old people is used to fund tax cuts for Woody Johnson, mindlessly slaughter hundreds of thousands of innocent Iraqi's and bail out Goldman Sachs, things get dicey.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.
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