Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts

Thursday, February 5, 2009

Breaking the Stimulus Package

I am getting sick of all of this the misleading focus on the "pork". The bill is fundamentally flawed. I hope the republicans are not just being obstructionists. I don't think they are. I don't want to paint them as saviors, but it is a two party system after all.

The package has five main parts with some over lay and bad little bits. The US first ideas about purchases is a bad little bit. Focus and the main parts is imperative. First the pork. Things like the fountains in Washington state and water parks in Florida. That overlaps with the so called stimulative spending. That is the road spending and well that is really it from where sit but some include school improvements and the like. That then overlaps into what i call regulatory spending. The green jobs, efficient buildings, carbon reduction demonstration, std education and weather stripping type programs. The more distinct sections are the tax cuts. The other is the social safety net expansions. That is the 65% payments of COBRA, food stamp and unemployment extensions and blanket medicare cover for the unemployed?

The Pork. Pork is Pork do you need and argument against it? The bill way to expensive. We already carry to much dept. Let it go.

The Stimulus. There is going to be some in this bill. They have to be labor intensive, can start this year, the finished product helps the economy and the project will be there for 10+ years. Stimulus is not better than tax cuts as follows.

The Regulatory. Dump it all. This is not the time to tinker with everything. None of it meets the criteria of the Stimulus section, it applies here to. Do we need any more panels and commissions? More bureaucracy.

The Safety Net. It is more Social engineering. That in part is what got us into this. People need help now. Fine. That cannot become the base line for next years spending. If we spend less next year on them it cannot be allowed to be called cut. There must be an iron clad sunset of these expansions.

The Tax Cuts. Is it More stimulating to give a business a 1000 in tax cuts or 1000 in sales? Sales in the end puts only the profits in there pockets and then they pay taxes on it. The cuts as I know them now they are just gimmicks. 1000 to individuals will do nothing. People will save it and when things come back it will be there to go back into the economy and spur inflation. Fast write off are just giving money to companies now instead of two years or so from now. What is that going to do as we recover? Both of the cut are doing more harm than good. The cuts have to rate cuts and they have to be certain. People can't think that they can be raised in a couple months.

Not In the Bill
  1. Bad asset fix( the original TARP would have done it)
  2. A housing fix. Encourage interest cut till the loans are solvent. No cram down
  3. Reverse the mark to market and up tick changes
  4. Clear path to get business out from under the Government
  5. Clear statement that we will let everyone fail after one or two round of help( bad but it's where we are)
  6. Clear statement of capitalism
  7. Sunsets for everything, Anything not spent in the next 2 years is taken back.
The bill is fundamentally wrong. It has to be stopped. Filibuster. STOP Talking pork. It is just spin and is unbelievably stupid. It is the least of the problems. Filibuster!

Wednesday, July 9, 2008

Jack Cafferty Please Stop.

Mr. Cafferty has been slowly losing any credibility with me as much of CNN has. There reporter from Iraq that has nothing good to say about Iraq ever, no matter what is another prime example.

Reacting to some comment of McCain(I didn't hear it), Cafferty explain that young people pay for the social security of the retired workers, thats the way it work and always has. McCain should know that.

It may be the case that it is how it works but,

If i may.. THATS NOT THE WAY ITS SUPPOSED TO WORK!

The way it works now it is social redistribution of wealth. Socialist crap!



Watching the hole thing now McCain is wright.

If the government had put the money collected from the baby boomers in savings as it where, social security would be just fine now and maybe we could phase it out. Would the Dollar be in the tank if we has all of that money sitting there?

There was another comment by some pundit some months ago. In which they said social security could only be fixed when the checks stop going out.

What kind of defeatist Alice in Wonderland world do we live in.

Friday, June 27, 2008

The Explotion of the US Economy and Freedom Bubble

I am listening to CNN and they are talking about where the poles are from state to state. A couple states are moving to Obama. The map looks better and better for him. What are you people thinking?! Not that McCain is much better.

Where the talk about the deficit and a freaking fix. The war's course is pretty set no matter what they say or who is in office move the freak on. Where is the talk on Social Security. A fix Not just moving it down the road! DO something about gas, do anything! I don't care if everyone thinks it will work, make a bold mistake I don't care, try try again, just do something.

On top of all that i am coming to the conclusion that our economy is so distorted by subsidies, the weird ways the US reports and figurers it economic reports and the difference in value of the goods we trade that no one knows what the hell is going on. Compare milk now to 2 and five year ago but do it in how much gold, silver or copper.

I feel that the whole economy is vastly over valued or is based far to much on just service, no real things, of a slowly worsening value. The quality of services has taken a dive just as the quality of a lot of people has. The bubble will burst under enough pressure, co2 cap and trade anyone?

When that happens the freedom follows. There not going to close papers or lock you up for speaking against the government. You will just get laughed down, call racist or what ever fits and you will not be heard.

There will be nothing you can do, why because you will be boxed in by the intrusive and oppressive government polices on all types of economic issues. heath care taxes of all types aide to all education for all subsidized house for all The list roles on. I like Animal Farm as a book not a way of life.

I am going to put he pitch fork down. i have to get gas to cut the lawn so the county doesn't come and fine me for bringing down values and cutting into the tax I pay them. What. Deep breath pitch fork down.