After seeing this interaction with Dennis Kucinich, I guess they really do believe their own rhetoric. And he’ll continue to believe it too. As for me, I’m 44, and I have never, in my entire adult life, EVER expected to see a dime from Social Security. I may not be an economist, but I know a ponzi scheme when I see one. H/T: Noisy Room Related posts: Blog Focus: How the Debt Ceiling Debate Proves There are No Social Security or Medicare Trust Funds Oh how the Narrative Changes: Social Security in Great Shape a few Weeks ago, Now on [...]
Social Security
Taking America Back One Bit At A Time – Part 4: The Taking of America Continued
Parts 1, 2, and 3 of this series Taking America Back One Bit At A Time can be found here, here, andhere. The Taking of America continued In Part 3, The Taking of America, we talked about how from day one there were those who wanted to manipulate our new government in wats that would benefit them financially; the practice of cronyism began in earnest and powerful bankers also took advantage of the potential of America through their investments and very importantly they applied their influence to get our government to establish a national bank that they could control. We talked about how it took the [...]
They Said if I Voted for Romney, They’d Come After my 401(k), and They Were Right!
That’s right kids, they government is eyeing your 401(k), IRA, or 403(b) with great envy. And, as for the title, since Stacey is talking blog shtick, I thought I’d borrow from his well, which is deep with all sorts of goodness. But, back to the seriousness. There has been rumblings about the government taking over all private retirement accounts for some time. Apparently, the democrats just can’t let a big pool of money sit there in private hands-it must be controlled, and redistributed, bythe kind hands of government. Bob Belvedere at TCOTS has more… The Editors at Investor’s Business Daily published an excellent [...]
Economics 101: The Effects of Dependency
We’ve often pointed out that it seems that the left wants people dependent on Government for their daily needs. After all, if you get everything you have from the government, you’ll probably vote for the politicians that will keep it coming. The following video from The Center for Freedom and Prosperity explains the personal dangers of government dependency… Depend on yourself? How novel! H/T: I’m 41 Related posts: The Insanity of Washington Economics Daily Kos Denies Dependency, Is Crushed by Reality Rewarding Dependency? Oregon gets bonus money for signing more people up for food stamps Change, Intervention, and Dependency Government Intervention Leads To [...]
Should President Obama be Blamed for Current Mess?
Although it is tempting at times to be sucked into the ‘everything is Obama’s fault’ vortex, that really is illogical, and so I try to base my opposition to him on the logical grounds that the policies which he supports leads to a society that is less happy, less loving, less free, less prosperous, less secure, less responsible, less wealthy, less efficient, and less productive. It is President Obama’s policies that I object to and try to oppose. The policies pushed by the radical progressive Obama are supported by the Democratic Party through their votes in Congress (my own Senator [...]
Scary Numbers and Data: Record Number of Americans Take More Than They Give
Anyone who has been paying attention already knows that about 50% of Americans pay no federal income taxes. That number alone should give us all pause. But, according to this Fox News articlethe situation is much worse. “Right now about 70 percent of Americans take more out of the tax system than they put into it, according to the Tax Foundation,” Brooks said.”That’s something that should really alarm a lot of Americans.” (Bold added) So, if the American Enterprise Institute is correct and 70% of the people take out more than they put in, then only 30% of the people are carrying the load [...]
Oh how the Narrative Changes: Social Security in Great Shape a few Weeks ago, Now on it's Deathbed
Back in the day, when there were only three broadcast networks, and when newspapers were throw in the trash at the end of the day, it would have been easy to get away with a 180 degree narrative change. Just pretend that the old narrative never happened, and move on wit the new one. People might have noticed, but without the evidence easy to see, it would eventually work. Can a party get away with that in the age of alternative media? Not so much. With the internet being forever (unless you’re the Daily Kos purging posts to seem slightly less hypocritical when criticizing Sarah Palin), stories are [...]
Blog Focus: How the Debt Ceiling Debate Proves There are No Social Security or Medicare Trust Funds
Here is a post from Political Realities by Country Thinker. It is reprinted with permission. Thoughts on Politics Last Friday while mowing the lawn I had one of those colossal “duh” moments. I have no idea why it took me so long, but it dawned on me that the debt ceiling debate—with all of the apocalyptic predictions of the end of the world if it isn’t raised—proves once and for all that the Social Security and Medicare trust funds aren’t “real” trust funds. They are nothing more internal accounting entries maintained by the federal government. I’ve spoken on this subject [...]
Baby Boomers Bombed
Many of you have probably figured out by now that Jon Hayward (formerly Doctor Zero and now writing full-time for Human Events) is one of my favorite conservative writers. He has written another thought-provoking article titled “The Boomer Bust” or “Boomers reap what they didn’t bother to sew”. It’s well worth reading the entire article, which isn’t very long. Although I am arguably John’s biggest fan, I’m compelled to differ with his depiction of the Baby Boomers in some aspects. But, before I get into that, let me share the initial part of his essay. Then I will add my comments. The Associated [...]
Truth-Lite: Tell me what I want to hear
Yesterday I was talking to a good friend and we were discussing how many people simply don’t want to hear the truth about the dire straits our Republic is currently in. Most people prefer some sort of modified less scary version of the truth; a truth-lite if you will. What I mean when I say this is that people tend to prefer a happier version of the truth. It’s much easier to deal with rather than the harsh painful reality that accompanies brutal honesty or what I call the hard truth. This is why I believe candidates supported by Tea Party [...]
