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If our financial survival depends on Main St. wising up.....we're doomed.
Exactly. But that isn't new... is it?
Which is why recognizing how critical the oversight, regulatory and investigation role of those agencies that DIDN'T get done during the BUSH years is the important lesson going into the future...
the whole lot of them should be take out and shot.
Exactly. But that isn't new... is it?
Which is why recognizing how critical the oversight, regulatory and investigation role of those agencies that DIDN'T get done during the BUSH years is the important lesson going into the future...
the whole lot of them should be take out and shot.
The fact is the regulatory agencies had already been neutered and their regulatory powers taken away by the time Bush took office. That is what the Senate hearings with Brooksley Born were about. Clinton, Greenspan, Geitner, Summers, and the rest of the Wall St. mafia, along with most of the Senate and House silenced Born and took the powers away from the CFTC in 1996.
. . . . The average abortion saves the economy $221,860. And opens the door to the middle class . . .
Not really, once you do the full math.
Since we have now killed more Americans through abortion since it became legal in 1973, than Hitler, Stalin or Mao killed in their day -- the functional economy is now "missing" some millions of US born, educated, and functional citizens -- who would be producing and using the various housing (in surplus) and working and paying into the country, social security, etc.
To cover that missing labor pool, various corporate systems have insisted that the border / illegal immigration NOT be enforced, so they can have a cheap labor pool to exploit.
The only door that has been opened is the border, with to create a permanent, untouchable, underclass.
If our financial survival depends on Main St. wising up.....we're doomed.
As long as main street has no financial LEVERAGE (positive home equity, little debt, liquid cash, pay more taxes) the Gov't has no choice but to follow the money.
It would have been nice if The People had financial LEVERAGE; In 2008, we could have told the BANKSTERS that they're on their own.
As long as main street has no financial LEVERAGE (positive home equity, little debt, liquid cash, pay more taxes) the Gov't has no choice but to follow the money.
It would have been nice if The People had financial LEVERAGE; In 2008, we could have told the BANKSTERS that they're on their own.
The people have all the financial leverage, the majority just do not understand that. Their financial leverage is their labor. A 2 week long general strike in this country would bring the banks to their knees, and force political change.
Since we have now killed more Americans through abortion since it became legal in 1973, than Hitler, Stalin or Mao killed in their day -- the functional economy is now "missing" some millions of US born, educated, and functional citizens -- who would be producing and using the various housing (in surplus) and working and paying into the country, social security, etc.
.
Not if, as MysticalTiger points out, all those kids are a barrier to entering the middle class. That was the point I was addressing.
If you are going to "do the math" convincingly, you need data that will show that the aborted babies, given their likely circumstances of family development, would have grown up to contribute more productivity than the sum of the expended cost of raising and educating them, keeping them above poverty level, supporting them during unemployment, providing for their adult health care, and caring for them in old age, adjusted for inflation.
With the per-capita cost of health care currently over $8,000 per year, it will cost $650,000 just to keep each unaborted baby alive and healthy for a normal lifetime, not even counting feeding, housing, clothing, transporting, entertaining and educating said baby. Do the math.
Not if, as MysticalTiger points out, all those kids are a barrier to entering the middle class. That was the point I was addressing.
No, in actual practice, it is not.
Price gouging, cheating, and stealing the kids' education money by the Corporate and Top End is a barrier to entering the middle class.
Quote:
If you are going to "do the math" convincingly, you need data that will show that the aborted babies, given their likely circumstances of family development, would have grown up to contribute more productivity than the sum of the expended cost of raising and educating them, keeping them above poverty level, supporting them during unemployment, providing for their adult health care, and caring for them in old age, adjusted for inflation.
Because slipping illegals in is so much a better plan?
Quote:
With the per-capita cost of health care currently over $8,000 per year, it will cost $650,000 just to keep each unaborted baby alive and healthy for a normal lifetime, not even counting feeding, housing, clothing, transporting, entertaining and educating said baby. Do the math.
That just means the US is being (WAAYYY) overcharged for "healthcare" or whatever you want to call the Corporate mess of "Insurance," Extortion, Kickbacks, and Bribery by the combination of the AMA, Insurance Companies, and the Pharmco Industry.
So the logic is if some group is price-gouging a critical industry -- the best solution would be to start mass killing children? Now that is some creative reasoning.
You guys are all conveniently forgetting another huge culprit in all of this -- the consumer. Yes, greedy consumers who don't know better (why should they, they only aspire to American education requirements) helped drive this mess. At the helm of all of this was President Bush and his Administration, who needed a boost in the polls.
Don't forget who drives this country -- the people and the President who serves its people.
I also blame banks, investment institutions, regulatory committees, etc.....but You and I are also to blame. We demanded this change at all costs!
Many government policies that have been aorund for a long time helped inflated that housing bubble which subsequently exploded in dramatic fashion. The fact is, the explosion of the housing bubble was what kicked it all off.
And do not be too suprised if we see another bubble in the next couple of years, the United States Of Ameritard seems to produce them for better or worse.
Because slipping illegals in is so much a better plan?
So the logic is if some group is price-gouging a critical industry -- the best solution would be to start mass killing children? Now that is some creative reasoning.
I wasn't aware that slipping lllegals in was being floated as the only logical alternative. But speaking strictly economically, it is not necessarily a bad idea to have grunt work done by low-wage workers that we don't have to raise and educate at our own expense.
The current plan is to, instead of mass killing fetuses (not children---nobody is doing that), is to let them acquire consciousness and social personalities, and then to kill at least their spirit and leave them to wallow in squalor and indignity, and exploit them for grunt work and low-wage labor, Yes, I like that alternative better, because it enriches me at their expense, and I can move to a nicer suburb, and I won't even know they are there.
The key here is to deny people their dignity. Once you have inured our society to doing that, everything is possible, and economically fruitful.
the truth about the economy is that we CANNOT continue going the direction that we are going, and here are the numbers:
The U.S. Census Bureau announced today that obligations for federal domestic spending increased 16.0 percent in fiscal year 2009 to $3.2 TRILLION. The 2009 spending total is equivalent to $10,548 per person living in the United States.
The annual percentage change (16.0 percent) is the largest since the Census Bureau began compiling these data in 1983. The increase is in part from the American Recovery and Reinvestment Act (ARRA) of 2009.
Entitlement programs Medicare, Medicaid and Social Security comprised 45.7 percent of all funding, or $1.5 trillion. Social Security alone accounted for $709.7 billion of that total. The one-year increase ($136.0 billion) in spending for these three programs was approximately $401 for every person in the United States.
These new figures come from Consolidated Federal Funds Report: 2009 [PDF], which describes the distribution of federal funds by department and agency, and by state and county. A companion report also released today, Federal Aid to States: 2009 [PDF], shows federal grants to state and local governments. These reports DO NOT INCLUDE INTEREST PAID ON THE FEDERAL DEBT AND FOREIGN AID. Federal spending includes expenditures or obligations for grants, salaries and wages, procurement contracts, direct payments for individuals for retirement and disability, and other direct payments.
Grants represented nearly one-quarter (23.0 percent) of federal spending in fiscal year 2009, totaling $744.1 billion. Three federal departments accounted for 77.9 percent of all federal grant money in 2009 — Health and Human Services ($414.9 billion), Education ($83.2 billion) and Transportation ($81.6 billion).
Salaries and wages for federal employees accounted for $299.4 billion (9.2 percent) of all federal spending. The largest share of this category went to Department of Defense payrolls (45.8 percent), followed by federal civilian payrolls (35.3 percent) and U.S. Postal Service payrolls (18.9 percent).
Approximately one in six federal dollars went to procurement contracts, which totaled $550.8 billion, or 17.0 percent of total federal spending. Defense contracts comprised 64.4 percent of that amount, followed by Energy (5.8 percent) and Veterans Affairs (4.0 percent).
Retirement and disability accounted for more than one-quarter (27.2 percent) of all federal spending, at $881.1 billion.
Other direct payments (e.g., housing assistance, unemployment compensation, Medicare) made up 23.6 percent of the federal spending at $762.9 billion.
Other highlights from the Consolidated Federal Funds Report:
•The federal government spent $85.8 billion on unemployment compensation in 2009, an increase of 114.6 PERCENT from 2008. Forty states saw increases in unemployment compensation of more than 100 percent. Meanwhile, 27 states allocated more than $1 billion for unemployment compensation. (See Table 1 Excel | PDF).
•In addition to direct expenditures and obligations, the federal government committed $1.9 trillion in direct loans, guaranteed loans and insurance in 2009. Insurance comprised 69.6 percent of that total, including flood insurance ($1.2 trillion), crop insurance ($77.8 billion) and life insurance for veterans ($14.4 billion).
•Guaranteed or insured loans totaled $510.0 billion, led by home mortgage insurance loans, which accounted for $310.0 billion.
•Direct loans were $54.4 billion, led by federal direct student loans, which accounted for $36.7 billion.
•Medicare and Medicaid per capita obligations were highest in Hawaii ($6,990), Kansas ($4,367) and Wisconsin ($3,544). States that had the lowest were Utah ($1,118), Nevada ($1,216) and Colorado ($1,352).
•Total obligations for two major welfare programs — Temporary Assistance for Needy Families and the Supplemental Nutrition Assistance Program (previously known as the food stamp program) — reached $68.4 billion in 2009, a 31.7 percent increase.
•Grants for the Department of Housing and Urban Development obligated $43.9 billion, a 58.6 percent increase from 2008.
•Department of Transportation grants totaled $81.6 billion in 2009, a 52.9 percent increase from 2008.
A Bloomberg analysis in May 2011 attributed $2.0 trillion of the $9.3 trillion of public debt (20%) to additional military and intelligence spending since September 2001, plus another $45 billion annually in interest.
look at the rate of increase on this debts and tell me these debt levels and rapidly rising increase of debt levels are sustainable.
and we still have people saying "give us free healthcare" and "let's keep fighting to keep america strong".
Last edited by floridasandy; 06-22-2011 at 06:08 AM..
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