Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts

Sunday, March 28, 2010

So You Want to Know What I Think About the Health Care Bill

I have been in mourning for the last few weeks in preparation for this day. Why? because I knew begging you to call and write your congressmen would do no good. Why? because if you have democratic congressmen most of them had no intention of listening to you unless you were for the health care bill. Though if I saw polls correctly only a slight majority of Americans are vehemently opposed to this bill.

Why?

Because over time we've become a society that slowly allows the government to take over our lives in the name of providing for us or in the name of safety, and after a little while we become used to and dependent upon those provisions and so we let them keep taking more and more of our tax dollars as long as they keep providing for our needs.

This is why I'm in mourning. I no longer believe that a majority of Americans care about liberty and freedom. I believe freedom loving Americans are in the minority and because of how our system is set up, we won't find actual representation in Washington unless we all move into the same districts and can elect our own representatives.

Don't tell me the Republicans are going to step up and represent us, because where were they on health care when they held the house and the senate in the 90's? They could have introduced and passed legislation to increase competition across state lines for health insurance and introduced legislation prohibits denying coverage due to pre-existing conditions. Then they could have put the parameters around pre-existing conditions that they could be subject to higher premiums or patient portions as negotiated between the patient and the insurance companies. But the republicans did nothing when they had the chance so don't tell me they are going to suddenly step up and start representing freedom loving Americans. Hannity and Limbaugh can sell it if they want, but I'm not buying. Running on repealing the legislation in November seems disingenuous to me.

Nancy Pelosi made some comment after the Health Care Bill passed comparing it to Social Security and Medicare passing. While I disagree with her view of it being a good thing, she's right. Social Security and Medicare are bankrupting this country and Health Care will be the nail in the bankruptcy coffin. Next time you get a social security statement in the mail read it.

This is from my statement received in February of this year:
"In 2016 we will begin paying more in benefits than we collect in taxes. Without changes, by 2037 the Social Security Trust Fund will be exhausted* and there will be enough money to pay only about 76 cents for each dollar of scheduled benefits...."

What do you think is going to happen with health care if the government is in charge of it? As it is, premiums will go up for everyone and/or insurance companies will go bankrupt until there's no one left but the government to bail us all out and that's how they'll get the 'universal coverage' they (and many Americans) want so badly.

Do I hope the Republican platform of repeal works in November? Sure I do, but here's how I would like to see it happen; All republicans that are up for re election get booted in their republican primary in favor of their opponent, whoever it is. Let's get rid of the old republican blood that is more than happy to spend our money on things like corporate bailouts and get fresh blood in there. If Sarah Palin were a real 'maverick' she'd be campaigning against John McCain instead of for him. Instead of campaigning for Rick Perry here in Texas for governor, she'd have campaigned for Debra Medina. Who is she you ask. Exactly my point. I will be voting for the libertarian candidate. Out with the old, in with the new.

Friday, July 3, 2009

Don't Take Freedom for Granted

The 4th of July is the day we supposedly celebrate our freedom in this country. But do we ever stop to really think about what that means? Year after year our state and national representatives pass laws that are continually encroaching on our freedom and independence. And how to we repay them? We re-elect them to continue passing more and more laws that take away our freedoms. Some in ways that are so minor that we don't even notice or bother to care. But one day you wake up and you find yourself taking for granted that you are relying on the government for something.

Take Social Security for example. Look how many people rely on it for their retirement. Look how many people don't want to give it up because of how much they've already paid into it or because they are a few years away from getting it. I'd give it up right now if they'd quit taking it out of my check, but they won't do that because they have to take from me to give to those that aren't working anymore. Ponzi Scheme. And as a nation we seem to be ok with the government run ponzi scheme. We depend on it. We look forward to our return, even though they keep pushing back our eligibility for it, and cutting the benefit.

When is enough going to be enough? When are we going to take back our independence from our own government?

Have a safe and happy Independence Day!

Sunday, December 21, 2008

Christmas Special - Ponzi Scheme

I'm taking a break from my review of various political parties to discuss current events. We will continue after the new year.

If you haven't heard the news yet, read the story at the following link.
http://news.yahoo.com/s/nm/20081212/bs_nm/us_madoff_arrest
Basically speaking Bernard L. Madoff was arrested in $50 Billion scam he was running that came to a head. He was offering people high returns and then paying them off with future investors. Apparently he ran out of investors to keep up with the returns he was promising and the SEC finally caught him. He said he was basically running a Ponzi Scheme.

For those of you that don't know what a Ponzi Scheme is, the SEC actually defines it for you.

http://www.sec.gov/answers/ponzi.htm

"Ponzi schemes are a type of illegal pyramid scheme named for Charles Ponzi, who duped thousands of New England residents into investing in a postage stamp speculation scheme back in the 1920s. Ponzi thought he could take advantage of differences between U.S. and foreign currencies used to buy and sell international mail coupons. Ponzi told investors that he could provide a 40% return in just 90 days compared with 5% for bank savings accounts. Ponzi was deluged with funds from investors, taking in $1 million during one three-hour period—and this was 1921! Though a few early investors were paid off to make the scheme look legitimate, an investigation found that Ponzi had only purchased about $30 worth of the international mail coupons.
Decades later, the Ponzi scheme continues to work on the "rob-Peter-to-pay-Paul" principle, as money from new investors is used to pay off earlier investors until the whole scheme collapses. For more information, please read pyramid schemes in our Fast Answers databank."

The point of this post is not to discuss this case. The point of this is to open your eyes to a Ponzi Scheme that the government is running that we are all victims of. Many of us willing victims. It's called Social Security. The system depends on population growth and productive members of society to take social security tax from in order to pay out the current recipients of the payments. I guess the only difference is that the government just doesn't promise outrageously great returns. But the government does keep promising to take care of you in retirement with social security and Medicare benefits that keep getting bigger and bigger. Most of my generation assumes the system will go bust before we reach retirement, so in essence, they are promising bigger returns than they can deliver in the long run.

But the American people don't want to privatize the system, they'd like to keep it going as is in hopes that they'll still get theirs. Because the government has always been dependable.

Merry Christmas and Happy New Year!!!

Tuesday, September 9, 2008

Meet My Vice President


This is Riley. My Vice Presidential running mate. She's tough on security and won't hesitate to take down anyone posing a threat to America. She agrees with me that there is too much wasteful spending in the government and as president of the senate, she would vote against any bills filled with wasteful spending should her vote be needed. She will also use her voice of reason to discourage elected senators from passing bills that will waste the tax dollars of those that elected them.

She's a strong proponent of personal responsibility and will do everything she can to promote the personal responsibility of each and every American, and work to inhibit government interference in their attempts to take personal responsibility for themselves.

Together we want to help teach every American to take pride in setting their priorities straight to rely on themselves rather than the government. One way we plan to do that is to privatize social security. The government will no longer take ownership of your social security. You will own that money and it will go into an account for you to invest. It will still come out of your check every time you get paid, but you get to direct the investment of it, and if you die before you retire, the total balance belongs to you to pass on to your family. Once you reach the age of 50 or the balance is $300,000, whichever comes first, you can have access to it. You can also contribute more of your income to it each pay period if you wish. But the point is you can decide how much risk you want to take or not and you will own your money, not the government.

Another plan we have is to reduce the corporate tax rate to 10%. The United States currently has one of the highest corporate tax rates in the world. That's not what this country is about. We want America to have one of the lowest corporate tax rates in the world to encourage American companies that have sent operations overseas, to bring them back to the U.S. which will provide more jobs to Americans that want to work. This will also encourage other countries to come and do business within our borders. This helps you as a consumer because corporations pass the cost of those taxes on to you the consumers. The lower the cost, the less you have to pay for goods and services as long as you the consumers are prudent and the free market is allowed to operate freely to compete against each other.

We'd also like to replace the income tax, that hard working families pay,with a national sales tax. This is currently known as the fair tax. We propose a few modifications to the Fair Tax to impede government growth and takeover in your daily lives and to encourage personal responsibility rather than discourage it. All you need to know now is that you pay taxes when you choose to consume. Each family will receive a prebate every month based on family size to cover the taxes on necessities like food and clothing. Those who consume the most, pay the most taxes. It also means we will now be collecting taxes on tourists, illegal immigrants, organized criminals, and anyone else not currently carrying their fair share in the tax burden. Feel free to read up on the fair tax and ask me specific questions on what I'd do differently.

Finally, we'd like to eliminate the ridiculous death tax. It's government robbery to take money that has already had taxes paid on it once. We'd like to end that horrid practice.

These are just a few of our proposed economic changes to help stimulate the economy by increasing jobs, increasing the purchasing power of you, and giving back social security ownership to the people.

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