Broke....except:

ShannonH

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I came in to this thread upset by the incredible partisanship and bickering that's making any real reform impossible, and it's really not hard to find examples of that.

This is not a partisan issue - it's math. The data are just the current financials, and population data assuming that people will age and their health will deteriorate.

The most unsettling part is that this is just becoming an issue now, when it's something we've known was coming for decades.

The U.S. is not broke. It's just another propaganda tool the conservatives are cramming down our throats to mask the real goal of killing Medicare, Social Security and keeping the rich from paying any taxes.
 

Hoss

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With all the talk of just how broke we are; could someone please explain to me just where the money comes from for Federal Disaster Relief? Now that Hurricane Irene is probably going to barrel up the East Coast (and had the earthquake out East been much more devestating) --- where do the "billions" come from in promised AID? Is this just more deficit spending? Thanks!!

um.... we raise taxes on the low income and middle class while cutting more vital programs like food stamps and services to veterans, children and the elderly?
 

B_crackoff

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I came in to this thread upset by the incredible partisanship and bickering that's making any real reform impossible, and it's really not hard to find examples of that.

This is not a partisan issue - it's math. The data are just the current financials, and population data assuming that people will age and their health will deteriorate.

The most unsettling part is that this is just becoming an issue now, when it's something we've known was coming for decades.

Welcome to politics on LPSG!:biggrin1: It gets more like the Crips Vs the Bloods everyday!:smile:

Unfortunately, neither the bankers who earn interest on money drawn from thin air (fiat currency) & our happy state of perpetual debt, nor the politicians they finance, nor even the people who elect them care about these things, until it's too late.

On the student fees thread, I've just underlined how politicians use deferment of expense as a tool. Avoid paying now - & pile all the crap on future generations. That way you can do grandiose schemes that you couldn't otherwise afford.

Voters like this - they can't see that it's going to cost 3,4,5 or 6 times more when the bill comes in - because it'll be in 20/30 years time! Hooray!

Final salary pension schemes were a Ponzi scheme. You have to have an ever widening base of the pyramid. Add the fact that people are living longer means that the Baby Boomers are getting benefits that they haven't even contributed 40% to.

It's always another generation's issue, because they ain't voting today! look what us suckers will be paying in interest payments alone in the years to come.

The young will be literally working to pay off the debts of the old. That's why death duty increases are a bloody good idea right now.

In the past Nero put a death duty rate of 100%, but he couldn't wait for them to die, so he invited rich people to kill themselves or be killed horribly.

That's why in times of economic darkness, a new light has historically been delivered in the shape of a very bloodthirsty war, or a famine. Yikes.
 
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deleted213967

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Of course he should profit- but you bring up another interesting point- crushing student loan debt. Perhaps we should redirect our resources towards making it easier for people to get an education?

Good point since total student loan debt now exceeds credit card debt in the US...

Insane...and for what?

While elite programs and elite schools continue to deliver high ROI for a minority of elite students (and society at large), the masses continue to learn less and less of the relevant matters that our economy demands...while paying more and more.

Higher Education (save aforementioned elite programs) is a complete ripoff in this country.

The huge California State system now has more "administrators" than academics...all guaranteed ruinous all-you-can-eat health benefits and pensions for themselves and their dependents, regardless of gross incompetence.

The funny part is that while consumers rightfully bitch when they're fucked over by credit card issuers, hapless victims of the higher education system seem to cheerfully take it up the derrière.




 
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deleted213967

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I'm an advocate for single payer, socialized medicine. NO ONE should make a profit from my healthcare........But back to the topic at hand.

Surely you don't mean that physicians should be made civil servants here in the US, right?

As for the reviled Big Pharma (a large part of which based in socialist/social democrat Europe), do you actually believe that if R&D for new drugs were left to the government, it would have produced the vast array of treatments we have today? Really?
 

Bbucko

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Surely you don't mean that physicians should be made civil servants here in the US, right?

As for the reviled Big Pharma (a large part of which based in socialist/social democrat Europe), do you actually believe that if R&D for new drugs were left to the government, it would have produced the vast array of treatments we have today? Really?

Big Pharma gets most if not all of its seed money to develop new drugs from governments: really.
 
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deleted213967

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Big Pharma gets most if not all of its seed money to develop new drugs from governments: really.

Indeed 100% of the pharmaceutical R&D money comes from the central government, and the vast majority of drugs on the market are the offspring of unionized 9-to-5 public sector bureaucrats.
 

Jacknoir

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Where the does it stop!?!. After the Investment Bankers plunged the developed and semi-developed Countries into financial meltdown. We have the U.S., U.K. and other countries trying to be "Team America World Police!". Then comes Natural and Man Made Disaters, so dont forget the 'relief' funds. And now we have the Financial World trying to be "Team Germany World Police", trying to 'stabilise' each other's economies. Is it just me, or does this look like were all dissappearing into one Man made black hole?.
 
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deleted15807

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An op-ed piece from the Washington Post and a class warfare hit piece. Nice.

Clueless :twak: . It's NOT an op-ed piece. Nice try. Clearly you didn't read it. And the culture war is part and parcel of the top-down propaganda.

I came in to this thread upset by the incredible partisanship and bickering that's making any ......

If you don't understand the real goal of the 'other side' and the pledges that are taken you are missing the entire picture. I once gave conservatives a try then it was clear they are flat out looney.

"I don't want to abolish government. I simply want to reduce it to the size where I can drag it into the bathroom and drown it in the bathtub."

- Grover Norquisthttp://en.wikipedia.org/wiki/Grover_Norquist#cite_note-37
 

Mensch1351

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The U.S. is not broke. It's just another propaganda tool the conservatives are cramming down our throats to mask the real goal of killing Medicare, Social Security and keeping the rich from paying any taxes.

What if we're not broke?
With executive pay, rich pull away from rest of America

Thanks for the links. Once again -- "create the mindset and keep repeating it, even if it's a lie, and people WILL begin to believe it! I agree with Lawrence O'Donnell, "We can afford anything we want to in this nation -- it's just a matter of priorities!"
 
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deleted213967

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The U.S. is not broke. It's just another propaganda tool the conservatives are cramming down our throats to mask the real goal of killing Medicare, Social Security and keeping the rich from paying any taxes.

What if we're not broke?
With executive pay, rich pull away from rest of America


Dogmatic UltraLeft propaganda horseshit!

Where is the analysis? Where are the facts and figures?

We're talking about quantifiable phenomena, aren't we?


So 200+ trillion dollars in unfunded liabilities "doesn't matter"?

It might as well...:rolleyes:



 
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deleted15807

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Thanks for the links. Once again -- "create the mindset and keep repeating it, even if it's a lie, and people WILL begin to believe it! I agree with Lawrence O'Donnell, "We can afford anything we want to in this nation -- it's just a matter of priorities!"

It's how the U.S. got snookered into the Iraq War.

Just keep repeating .....

'We know Saddam has weapons of mass destruction'.
'We know Saddam has weapons of mass destruction'.
'We know Saddam has weapons of mass destruction'.
'We know Saddam has weapons of mass destruction'.
'We know Saddam has weapons of mass destruction'.
'We know Saddam has weapons of mass destruction'.


Have your entire Cabinet repeat it every day for three months. Then presto everyone believes it.

“We’re broke! We’re broke!” Speaker John Boehner said on Sunday. “We’re broke in this state,” Gov. Scott Walker of Wisconsin said a few days ago. “New Jersey’s broke,” Gov. Chris Christie has said repeatedly. The United States faces a “looming bankruptcy,” Charles Koch, the billionaire industrialist, wrote in The Wall Street Journal on Tuesday.

It’s all obfuscating nonsense, of course, a scare tactic employed for political ends. A country with a deficit is not necessarily any more “broke” than a family with a mortgage or a college loan. And states have to balance their budgets. Though it may disappoint many conservatives, there will be no federal or state bankruptcies.


The Hollow Cry of ‘Broke’




Dogmatic UltraLeft propag.......:sigh::sigh:

Small words from a small being, trying to attack what it doesn't understand.
 
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deleted213967

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Small words from a small being, trying to attack what it doesn't understand.

Vous voulez dire le Socialisme?

No indeed, I don't understand how anyone with an IQ higher than that of a fruit fly would find that model enticing, considering the mountain of evidence pointing to its utter failure.

I was about to offer you to move to China (PRC), but even China's dictatorial regime has (cynically) adopted most of the precepts of capitalism, with some success it appears.




 

B_enzia35

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Coming from the EDITORIAL PAGE from the Washington post doesn't make it an op-ed piece?

ed·i·to·ri·al


noun 1. an article in a newspaper or other periodical presenting the opinion of the publisher, editor, or editors.


ed·i·to·ri·al


noun 1. an article in a newspaper or other periodical presenting the opinion of the publisher, editor, or editors.



ed·i·to·ri·al


noun 1. an article in a newspaper or other periodical presenting the opinion of the publisher, editor, or editors.



ed·i·to·ri·al


noun 1. an article in a newspaper or other periodical presenting the opinion of the publisher, editor, or editors.



Here, I repeated the definition a few times, hopefully you'll believe that to be the real definition then.