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Old 04-05-2010, 11:15 AM
 
Location: Londonderry, NH
41,478 posts, read 59,660,138 times
Reputation: 24861

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I would prefer the elimination of private stock based pensions entirely with a government sponsored enhanced Social Security system. I would also replace private health insurance with a completely government Universal Health Care system. In my system, no matter how much you managed to steal in your career, you would get the same pension and health care as everyone else. Applying these rules to the plutocracy would assure the rest of us that we would not be dumped into poverty because of a busted Ponzi scheme of expensive illness.

I believe the government should own all the electric utilities as well as other energy sources such as coal and petroleum reserves. The private sector could do the distribution and marketing but the resources would be owned and priced by the government.
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Old 04-05-2010, 11:25 AM
 
Location: Foot of the Rockies
90,316 posts, read 120,475,124 times
Reputation: 35920
What does Medicaid, a program for people on welfare and other extremely poor people, have to do with this conversation at all? Just because the word sounds similar to Medicare, that doesn't make it part of the same package. Medicaid is a federal-state program using tax money.
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Old 04-05-2010, 11:26 AM
 
Location: Foot of the Rockies
90,316 posts, read 120,475,124 times
Reputation: 35920
Quote:
Originally Posted by harrymiafl View Post
Jesus,how many times do I have to emphasize that either I or any sensible capitalist faithful do not advocate investment of pension funds in high risk instruments.

No high risk,
no medium .risk,
even so little low-low-low risk
& preferably in gov bonds.

The difference is FREEDOM ,PRIVATE OWNERSHIP of your funds & no gov interference.

U would still probably pay 15.3%,but that would be a payment to your OWN ACCOUNT...

With your own will,following common sense mandates,not confiscation of your money by the politicians...
You are paying into your own social security account under the present system.
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Old 04-05-2010, 11:36 AM
 
Location: Texas
38,859 posts, read 25,466,073 times
Reputation: 24780
Default Just think...

Quote:
Originally Posted by harrymiafl View Post
Many of us,who are faithful in capitalism,understand that already the socialists occupy half of the nation's healthcare...

It is only a matter of time until they turn USA to Canada...

Step by step,they build the socialist state.
The matter is how can we dismantle it...

The 1st step was Social Security,the 2nd was Medicare/-aid,the 3rd is the new law...
So,my simple proposal to undo this socialisation is to privatize everything.

Private insurance only & private pensions only.

People who are already in the system,will continue to be serviced by the government,by going more into debt. But the programs of SS & Mc/Md will be terminated & substituted by a gov mandate to buy private insurance & enroll in private pensions only.
The cost will probably be the same,15.3 % but the fundamental difference is that socialism imposes a tax against the will of the people ,while capitalism issues a common sence mandate,for the general good...
The difference between taxation & a mandate is the difference between tyranny & duty...

As for the debt,it may be serviced,to an extent ,or forgiven.
Govs go to debt since...forever.

A Repub full majority,House-Senate-Presidency,possibly in 2012,with the aid of Blue Dog Dems, could pass such a monumental...termination of socialism...

I would like to hear your opinions,especially from people specialising in economics...
... If Bush would have been successful in privatizing social security in 2005, then in 2008, millions of Americans would have lost ALL of their retirement income and millions of others would have been knocked below the poverty line.

"Let the market decide"...

right...
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Old 04-05-2010, 11:46 AM
 
Location: The Republic of Texas
78,866 posts, read 46,504,056 times
Reputation: 18520
Quote:
Originally Posted by harrymiafl View Post
Many of us,who are faithful in capitalism,understand that already the socialists occupy half of the nation's healthcare...

It is only a matter of time until they turn USA to Canada...

Step by step,they build the socialist state.
The matter is how can we dismantle it...

The 1st step was Social Security,the 2nd was Medicare/-aid,the 3rd is the new law...
So,my simple proposal to undo this socialisation is to privatize everything.

Private insurance only & private pensions only.

People who are already in the system,will continue to be serviced by the government,by going more into debt. But the programs of SS & Mc/Md will be terminated & substituted by a gov mandate to buy private insurance & enroll in private pensions only.
The cost will probably be the same,15.3 % but the fundamental difference is that socialism imposes a tax against the will of the people ,while capitalism issues a common sence mandate,for the general good...
The difference between taxation & a mandate is the difference between tyranny & duty...

As for the debt,it may be serviced,to an extent ,or forgiven.
Govs go to debt since...forever.

A Repub full majority,House-Senate-Presidency,possibly in 2012,with the aid of Blue Dog Dems, could pass such a monumental...termination of socialism...

I would like to hear your opinions,especially from people specialising in economics...


End all welfare.

Our problem is, we want mama to take care of us till we die.
No incentive to make it out in the real world.
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Old 04-05-2010, 12:00 PM
 
Location: between Ath,GR & Mia,FL...
2,574 posts, read 2,480,877 times
Reputation: 327
Quote:
Originally Posted by GregW View Post
I would prefer the elimination of private stock based pensions entirely with a government sponsored enhanced Social Security system. I would also replace private health insurance with a completely government Universal Health Care system. In my system, no matter how much you managed to steal in your career, you would get the same pension and health care as everyone else. Applying these rules to the plutocracy would assure the rest of us that we would not be dumped into poverty because of a busted Ponzi scheme of expensive illness.

I believe the government should own all the electric utilities as well as other energy sources such as coal and petroleum reserves. The private sector could do the distribution and marketing but the resources would be owned and priced by the government.

U post your...communist manifesto in the wrong thread...

Medicaid can be transferred to the private sector & function as a collective private charity.

In SS u have the illusion that u fund your own account. U fund somebody else who is already retired... Socialist tricks...
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Old 04-05-2010, 12:06 PM
 
Location: Missouri
4,272 posts, read 3,780,152 times
Reputation: 1937
Quote:
Originally Posted by harrymiafl View Post
A Repub full majority,House-Senate-Presidency,possibly in 2012,with the aid of Blue Dog Dems, could pass such a monumental...termination of socialism...

I would like to hear your opinions,especially from people specialising in economics...
Republicans don't have the stones to terminate social security. Mostly because they don't have an alternative which most citizens have confidence in, and they don't have a plan for a smooth transition. Don't get me wrong, they have alternatives and have expressed them, but they have not convinced the majority of the American people that they should give up what most of them believe is a good thing.
Is there a better way than Social Security? I think so, but there's no way I'm talented enough to sell you all on it.
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Old 04-05-2010, 12:09 PM
 
19,226 posts, read 15,292,271 times
Reputation: 2337
Quote:
Originally Posted by harrymiafl View Post
I advocate privatisation,not investment of the people's contributions to high risk instruments...

They could be invested in gov bonds...

The goal is the politicians not to confiscate 15.3% of people's income...

As for the "Wall Street",well,between them & "Washington ",which one is the "lesser evil "..?
Yeah, screw 'em both!

Just contract Social Security out to the Federal Reserve Bank.

They could have a subsidiary - The Federal Reserve Bank of Healthcare and Pension Funds.

Hell, just contract the whole Department of Health and Human Services out to the Fed!

Think Congress would legally tender this proposal?
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Old 04-05-2010, 12:25 PM
 
Location: between Ath,GR & Mia,FL...
2,574 posts, read 2,480,877 times
Reputation: 327
Quote:
Originally Posted by geofra View Post
Republicans don't have the stones to terminate social security. Mostly because they don't have an alternative which most citizens have confidence in, and they don't have a plan for a smooth transition. Don't get me wrong, they have alternatives and have expressed them, but they have not convinced the majority of the American people that they should give up what most of them believe is a good thing.
Is there a better way than Social Security? I think so, but there's no way I'm talented enough to sell you all on it.
That's what I am trying to do with this thread,gather opinions on potential succesful alternatives...
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Old 04-05-2010, 12:26 PM
 
Location: Foot of the Rockies
90,316 posts, read 120,475,124 times
Reputation: 35920
Quote:
Originally Posted by harrymiafl View Post
U post your...communist manifesto in the wrong thread...

Medicaid can be transferred to the private sector & function as a collective private charity.

...
Good luck trying to find a charity that would take it over.
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