Fiscal "conservatives" cost us money
01-07-2011, 10:22 AM
#4
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great proof.
well here's my "proof" against yours:
Originally Posted by cliffs form the bipartisan deficit commission's "The Moment of Truth."
1) The federal government is horribly managed. The commission report cites just a few examples, but they are doozies. Did you know, for example, that there are 44 separate federal job-training programs across nine federal agencies? Or that there are 20 different programs all studying invasive species? And 105 programs meant to encourage participation in science, technology and math? Or that few of them can show they are achieving their goals? There are thousands of examples like this, according to the report.
2) Health reform's cost savings apparently were bogus. Remember how Democrats boasted that health reform would cut the budget deficit by $170 billion over the next decade and far more after that? The deficit commission must not have gotten that memo. It says health spending projections under the new law "count on large phantom savings" and the reform law's new long-term care program that the report calls "unsustainable." As a result, Congress will still need to enact "a number of other reforms to reduce federal health spending and slow the growth of health care costs more broadly."
3) Millions of workers don't pay into Social Security. One of the reform ideas is to require newly hired state and local workers to start paying into Social Security. Wait? Isn't Social Security mandatory? Turns out, almost 10 percent of workers don't pay in, since "a small share of states and localities exclude their employees from Social Security" and instead operate their own retirement systems. (Given Social Security's dire financial forecast, one wonders how those workers would feel about that reform.)
4) The tax code is a hopeless, loophole-riddled mess. How else can you explain the fact that, according to the report, you can lower the top marginal rate by 20 percent and still collect an additional $112,533 from the richest 1 percent of taxpayers, simply by closing loopholes?
5) Obama is a big spender. Although President Barack Obama has talked about fiscal discipline -- and set up this deficit commission -- his own budget plan would spend $349 billion more on so-called discretionary programs over the next decade than if the government were just left on autopilot, according to the report.
6) It's actually not that hard to cut the deficit. The report talks loudly about the "painful" choices ahead and how there's "no easy way out." But what the report really shows is that a comprehensive package of relatively modest and reasonable policy changes can bring deficits under control.
The United States collects no more than 19% GDP per year. Obama is spending currently at 22% GDP. Do the math *******.
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01-07-2011, 10:26 AM
#5
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more on the "large phantom savings":
seriously, why do you **** monglers love the government so much?
- Exclusion of the doc fix. The “doc fix,” which repeals a $371 billion Medicare cut for physician fees, is rolled into a separate bill. Lawmakers must remember: just because it’s not included in the official health bill doesn’t mean it doesn’t count as real spending.
- Double-counted savings from the CLASS Act. The CLASS Act included in the bill creates a new entitlement for which beneficiaries would pay premiums upfront for benefits received further down the road. Marcus explains: “Of the $138 billion saved in the first 10 years, $70 billion represents premiums collected for a new long-term-care program, money the government will have to pay in benefits later.” The revenue from the CLASS Act thus represents a false offset to other new spending.
- Dubious savings from Medicare. The bill contains billions in cuts to Medicare to offset other costs. As Marcus points out, “The CBO is required to assume that Congress will do what it promises”, making the point that politically unpopular spending cuts are unlikely to ever come to fruition—as best evidenced by the “doc fix” that occurs every year, adding to the deficit.
- A false ten year cost window. CBO scored the first ten years of enactment of the bill, which includes several years of raising revenue and fewer years of expenses. According to budget expert James Capretta, “Over a full ten years of implementation, the cost of the new entitlement spending would reach $2.5 trillion, at least, not $1 trillion as advertised by the White House.”
- The reconciliation package also includes new gimmicks and questionable sources of revenue:
- Delay of an unpopular tax. Under the reconciliation bill, the excise tax on high cost plans would be implemented in 2018, thus reducing the total ten year revenues from the projected $149 billion under the Senate bill to just $32 billion. More interestingly, the reconciliation bill would index the application of the tax to growth in the Consumer Price Index (general inflation), which means that more and more middle class Americans would be affected by the tax once its collection began in 2018. Kicking this tax down the road to a future President and Congress portrays the unwillingness of lawmakers to collect it. Marcus questions, “Will the tax really be collected…long after many of those voting for it will have left office, long after the benefits it is helping to finance have kicked in?”
- Decreased value of subsidies. Says Capretta, “to jury-rig “long-term deficit reduction,” the latest plan would first increase the premium assistance subsidies paid to low and moderate wage families above the levels in the Senate-passed bill, but then index their value to something below the growth in premiums to give the appearance of deficit reduction in the decade after 2019.”
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01-07-2011, 11:40 AM
#6
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How could adding an additional layer of expense make anything less expensive? Only a wholesale abandonment of critical thinking could lead one to that conclusion. Especially when that layer of expense is a government that is renown openly ridiculed for its inefficiency.
I remember logic being taught in school when I attended. Perhaps it was an elective course...
I remember logic being taught in school when I attended. Perhaps it was an elective course...
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01-07-2011, 12:23 PM
#8
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How could adding an additional layer of expense make anything less expensive? Only a wholesale abandonment of critical thinking could lead one to that conclusion. Especially when that layer of expense is a government that is renown openly ridiculed for its inefficiency.
so **** you.
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01-07-2011, 06:50 PM
#12
Question: How do I help fix the problem? How do I educate ignorant people on how to turn things around? What are the chances of me finding an outlet where I can say "I know the problem, and I am willing to make personal sacrifices, and give up government mandated entitlements to help solve the problem. I am not in the top 2% of income earners by any stretch of the imagination, and I do seem to see some sort of financial benefit from current fiscal policy, but I am willing to give that up because I see the bigger picture. Now who is with me?"
I'm not 35 yet, but how do I become the US president?
I'm not 35 yet, but how do I become the US president?
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01-07-2011, 06:57 PM
#13
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1913
The Federal Reserve System (also known as the Federal Reserve, and informally as The Fed) is the central banking system of the United States. It was created in 1913 with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly a severe panic in 1907.[1][2][3] Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved.[2][4] Events such as the Great Depression were major factors leading to changes in the system.[5] Its duties today, according to official Federal Reserve documentation, are to conduct the nation's monetary policy, supervise and regulate banking institutions, maintain the stability of the financial system and provide financial services to depository institutions, the U.S. government, and foreign official institutions.[6]
The Federal Reserve System (also known as the Federal Reserve, and informally as The Fed) is the central banking system of the United States. It was created in 1913 with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly a severe panic in 1907.[1][2][3] Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved.[2][4] Events such as the Great Depression were major factors leading to changes in the system.[5] Its duties today, according to official Federal Reserve documentation, are to conduct the nation's monetary policy, supervise and regulate banking institutions, maintain the stability of the financial system and provide financial services to depository institutions, the U.S. government, and foreign official institutions.[6]
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01-07-2011, 07:34 PM
#14
government has the easiest job in the world, all they have to do is sit there, do nothing, turn on the autopilot, and make sure we dont run into the ground. Instead, they all try to *justify* their jobs by creating policy that didn't need to exist in the first place. When is government going to *justify* their jobs by repealing unneeded ****?
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01-07-2011, 08:17 PM
#15
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Teach others. Learn more and teach others. Teach adults. Teach children.
Shame is dead. We need to teach our children that all choices are not good and not equal. Some acts are shameful. Stealing is shameful. Taking anything that you haven't earned is bad. Knocking a girl up who you aren't married to is shameful. Experiencing shame is a useful by-product of possessing a conscience.
Logic is a lost art. Practice it often and teach it to others. Take time to explain about fallacies when you encounter them. Teach it at every turn as if it were your dying native culture or language and you needed to preserve it.
Study and teach the history of our nation's founding and all of her documents. Study the debates and writings of our founders that you might not be easily fooled.
Don't expect minimum wage daycare wardens or the weak-minded masses that flock to the public teaching profession to teach your children anything. The vast majority of them are far less prepared than you. And they will never love your children.
Shame is dead. We need to teach our children that all choices are not good and not equal. Some acts are shameful. Stealing is shameful. Taking anything that you haven't earned is bad. Knocking a girl up who you aren't married to is shameful. Experiencing shame is a useful by-product of possessing a conscience.
Logic is a lost art. Practice it often and teach it to others. Take time to explain about fallacies when you encounter them. Teach it at every turn as if it were your dying native culture or language and you needed to preserve it.
Study and teach the history of our nation's founding and all of her documents. Study the debates and writings of our founders that you might not be easily fooled.
Don't expect minimum wage daycare wardens or the weak-minded masses that flock to the public teaching profession to teach your children anything. The vast majority of them are far less prepared than you. And they will never love your children.
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01-08-2011, 10:02 AM
#16
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Live irresponsibly
get money
impregnate Tonique
get more money
impregnate Shaquanda
get more money
federal judge rules that FEMA IA payments are not subject to state unemployment program requirements; cease bogus job applications
impregnate Jasmeka
rob your neighbors
sell indo so you don't have to report income and lose benefits
stab each other at the car wash by Hustler's old apartment, finally convincing him to move because the Katrina Colony down the street is taking over and robbing everyone
we president now
Yes, middle class and wealthy should continue to pay protection money against the low-work-ethic class because it benefits the financiers while securing votes of those who cling to the entitlement.
get money
impregnate Tonique
get more money
impregnate Shaquanda
get more money
federal judge rules that FEMA IA payments are not subject to state unemployment program requirements; cease bogus job applications
impregnate Jasmeka
rob your neighbors
sell indo so you don't have to report income and lose benefits
stab each other at the car wash by Hustler's old apartment, finally convincing him to move because the Katrina Colony down the street is taking over and robbing everyone
we president now
Yes, middle class and wealthy should continue to pay protection money against the low-work-ethic class because it benefits the financiers while securing votes of those who cling to the entitlement.
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01-08-2011, 10:24 AM
#17
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Start by educating yourself - read this:
http://www.amazon.com/Revolution-Man.../dp/0446537519
>90% 5-star reviews on Amazon lol.
On torrentz:
http://www.torrentz.com/1fe787024081...8b7fc7a2060fb3
http://www.amazon.com/Revolution-Man.../dp/0446537519
>90% 5-star reviews on Amazon lol.
On torrentz:
http://www.torrentz.com/1fe787024081...8b7fc7a2060fb3
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01-08-2011, 10:43 AM
#18
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Also, reason the CBO claims that reapealing healthcare will cost money is because the rate that drug prices increase.
However, the reason they increase so much so rapidly is because the US Gov't spends 50% of all heath related costs. Medicare and Medicaid is THAT big. The drug companies constantly increase prices because the gov't will just pay whatever is handed to them. If 50% of your drug profits are from a customer that does not follow the law supply vs. demand will just pay whatever price you demand; you are going to increase prices.
If you wanna fix healthcare and crazy prices, you need to remove gov't.
Also you need to stop being in bed with interest groups:
However, the reason they increase so much so rapidly is because the US Gov't spends 50% of all heath related costs. Medicare and Medicaid is THAT big. The drug companies constantly increase prices because the gov't will just pay whatever is handed to them. If 50% of your drug profits are from a customer that does not follow the law supply vs. demand will just pay whatever price you demand; you are going to increase prices.
If you wanna fix healthcare and crazy prices, you need to remove gov't.
Also you need to stop being in bed with interest groups:
There is a thing called Medi-gap insurance for Seniors who want coverage beyond what Medicare gives. It is pretty expensive and is provided mainly by the AARP.
In 2004, Plan C was added to Medicare that allowed Insurance companies to assume long term liabilities of Senior healthcare with no exclusions and all pre existing conditions were allowed. The program is called Medicare Advantage which is a voluntary HMO, PPO or Fee for Service insurance policy at little to no cost to Seniors. Ten million Seniors enrolled with lower premiums subsidized by the government, policies that cover what traditional Medicare doesn't cover including prescription drug benefits, eye and dental care … but it's not offered by the AARP.
So Obama told the AARP he would kill Medicare advantage – if, in return, you endorse the bill. The current Senate bill takes $170 billion away from Medicare advantage and forces Seniors off Plan C. AARP is hoping that Seniors will need to buy Medi-gap insurance mostly sold by them. Most Seniors cannot afford Medi-gap and those policies does not include prescription drugs, eye and dental care. Medicare Advantage plans offer coverages that poor Seniors rely on.
By Endorsing the Obama plan, AARP has betrayed their fiduciary responsibility to represent Seniors in their best interest. The financial gain for AARP will be unpresidented on the backs of our poor Seniors.
In 2004, Plan C was added to Medicare that allowed Insurance companies to assume long term liabilities of Senior healthcare with no exclusions and all pre existing conditions were allowed. The program is called Medicare Advantage which is a voluntary HMO, PPO or Fee for Service insurance policy at little to no cost to Seniors. Ten million Seniors enrolled with lower premiums subsidized by the government, policies that cover what traditional Medicare doesn't cover including prescription drug benefits, eye and dental care … but it's not offered by the AARP.
So Obama told the AARP he would kill Medicare advantage – if, in return, you endorse the bill. The current Senate bill takes $170 billion away from Medicare advantage and forces Seniors off Plan C. AARP is hoping that Seniors will need to buy Medi-gap insurance mostly sold by them. Most Seniors cannot afford Medi-gap and those policies does not include prescription drugs, eye and dental care. Medicare Advantage plans offer coverages that poor Seniors rely on.
By Endorsing the Obama plan, AARP has betrayed their fiduciary responsibility to represent Seniors in their best interest. The financial gain for AARP will be unpresidented on the backs of our poor Seniors.
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01-08-2011, 12:13 PM
#19
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Also, reason the CBO claims that reapealing healthcare will cost money is because the rate that drug prices increase.
However, the reason they increase so much so rapidly is because the US Gov't spends 50% of all heath related costs. Medicare and Medicaid is THAT big. The drug companies constantly increase prices because the gov't will just pay whatever is handed to them.
However, the reason they increase so much so rapidly is because the US Gov't spends 50% of all heath related costs. Medicare and Medicaid is THAT big. The drug companies constantly increase prices because the gov't will just pay whatever is handed to them.
Those who think that the solution to the cost problems in health care, is more gov't intervention, don't understand that the reason for the spiraling costs is gov't interventionism in the first place. Gov't interventionism is where the lobbyists get their influence. Compare the costs of procedures, drugs, and insurance for humans, vs. pets......
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