Well, you can’t privatize Social Security and I would like someone to
explain how it would be done? The term “privatizing SS” is a cover and
that is all the Washington Post has ever been, a cover for the International Inverstors that own our debt, or Corpostacracy, or Oligarchs,
whatever you want to call them. WAPO is sofening up the public for what is
coming as that is their job and what the WAPO always dois
I N T E R G O V E R N M E N T A L……..D E B T………………………
This is debt that the government owes itself from borrowing from itself,
mostly (100%) from Social Security since it is the only government entity
that produces a surplus to do so. Most on here understand the national debt and who ownes it. You also need to realize that the Clinton Administration did not produce surpluses. Increased borrowing from Social
Security is how deficits were magically transformed into surpluses under President Clinton. The mythical Clinton supluses came from borrowed money,
meaning they weren’t surpluses at all, they were deficits.
T H E………D E F I C I T…..R E D U C T I O N…C O M M I T T E E
Co-chaired by Simpson is going to wipe out the intergovernmental debt.
It is going to be the final theft and death of Social Security. This is
going to happen no matter what faction of the Duopoly is in majority. It is our money that was taken from our paychecks and borrowed. The collusional media such as WAPO and the MSMs are using their diversional tactics to mislead the public, they have been successful in dividing the
populace into factions. They have used mosquedebating and Koran burning to
help this along. The term privatizing social security is just being used as cover. There is no way to do privatized Social Security other than
MANDATES to invest in the Stock Market, this is not security, nor is it
social.
The International Investors that own our debt dictate policy, write the
legislation and in effect , are our government. We will remain the
M I L I T A R Y….E M P L O Y M E N T…E C O N O M I C…C O M P L E X..
with much more AUSTERITY shoved at us by the owners of our debt.
However, Obama is chipping away at the TRADE DEFICIT….a $60 billion
arms sale to Saudia Arabia alone….their are many more coming.
So we still have our factories of death in full production.
We still have our criminal Wars of Terror , all this , making the War
Industry is some way responsible for every paycheck in America. I do not
believe in the “Lesser of Evil” theory. Criminal activity is just that, no
matter what tag of the Duopoly is in the majority. The scare tactics they
are using to keep both of the Duopoly’s base is just that , TACTICS.
I don’t have to “win”. If you still don’t see the game being played, well
you just don’t want to. Obama isn’t a socialist, and Palin isn’t Hitler.
But they both get their money from the same doners.
I will exercise my right to vote, and I will vote my conscience remembering
that as I speak, the cripples, the widows, the orphans, the widowers, the
disabled, the carnage, the drones, the million dead Iraq, the evesdropping,
the undercover ops on enviromenalists, the torture, the rendition, the
30,000 prisoners in Iraq, the prisoners in Afghan,
and my vote won’t be Democrat or Republican…..I still have a concsience,
and haven’t been dumbed down by watching the Maddow vs Beck show or reading
the WAPO.
First things first, the good folks over at Corrente are having a fundraising drive. Please go over and give 'em some cash to help 'em stay afloat. Now, onto business:
While things look pretty bleak in America, we can take comfort from the fact that we aren't alone in letting our economy get looted by multinational financial institutions. In Ireland, where eyes are doing anything but smiling, things are getting really dire:
The cost of bailing out the Republic of Ireland's stricken banks has risen to 45bn euro (£39bn), opening a huge hole in the Irish government's finances.
Oh. That sounds bad.
The increased cost will see the government run a budget deficit equivalent to 32% of GDP this year.
Yeah, that's pretty bad. But how much will this hurt Seamus Average?
Mr Lenihan defended the cost of the bail-out measures, which will cost the Republic's two million taxpayers the equivalent of 22,500 euros each
Holy crap! And the Irish have already implemented austerity measures to raise taxes and cut public services. Does this mean they'll have to do even more of that to pay for yet another massive bank bailout? Why, yes it does:
Minister for Finance Brian Lenihan today warned that further austerity measures will have to be imposed after the Central Bank revealed the total cost of the bailout for Irish banks will be almost €50 billion.
Speaking separately, Taoiseach Brian Cowen refused to rule out further tax increases in the forthcoming Budget and said "revenue raising" options would be required as well as spending cuts in the Budget, which is due to take place in December.
Speaking on RTE radio at lunchtime, Mr Cowen refused to outline how much would have to be found through austerity measures.
Ireland, then, is becoming a feudal state where people are taxed not to pay for police, fire departments, schools, hospitals or pensions. Instead they're taxed to bail out failed financial institutions. And what's more, they're having their taxes increased to bail out failed financial institutions. The banks are the feudal lords living in castles and the taxpayers are the serfs.
But hey, some people are happy about this charming turn of events! Here's Danny McCoy, the director-general at the Irish Business and Employers Confederation (which I gather is their version of the Chamber of Commerce):
The announcement of the final scale of its bank rescue plan concludes a month in which the troubles of Ireland’s economy have again been centre stage. Rating agencies and analysts have questioned the capacity of our small economy to cope with its emerging debt. Ireland has also become a test bed for state recovery strategies, including the introduction of austerity measures and the resolution of complex banking problems.
Thursday’s figures reveal the undeniably high, but manageable, costs of the domestic bank bail-out. The one-off impact is to push the ratio of deficit to gross domestic product to 32 per cent. However, the Irish government has also committed to framing a budgetary plan to reduce the underlying deficit to 3 per cent by 2014. This plan will help to satisfy market concerns by providing clarity on the scale of the painful, but deliverable, fiscal adjustments needed in coming years. And underneath, Ireland’s economy is much stronger than it at first appears.
Well yeah, you definitely don't want to go by how it "appears," do you? Because it appears that Ireland has unemployment of almost 14%. That's, like, pretty bad and stuff. But Mr. McCoy tells us the Irish are eating their crap sandwich and loving it:
Difficult though the situation is, the state has reacted swiftly. Stern measures to address the public finances – including public sector wage cuts, expenditure cuts and increases in personal taxation – have been introduced with widespread acceptance by the public.
Acceptance. Riiiiiiiight. That's why the ruling Fianna Fáil party is facing a nine-point deficit against the center-left Labour Party. After all, who doesn't love having their taxes jacked up even as their pension gets slashed? It's like having an angel eat whipped cream off your nipples!
Measures to fix the banking crisis through a new National Asset Management Agency have received a more mixed reaction. However, the aim of taking bad property loans off bank balance sheets to enable recapitalisation is sound.
Oh joys! The Irish have their own version of Timmy Geithner's cash-for-trash initiative! I can't imagine why that would get a mixed review! After all, buying worthless housing securities is almost as much fun as having your pension looted!
Of course, I shouldn't mock the Irish too much for their impending enslavement by the financial industry. After all, as Digby notes, we're about to get the same treatment here in the US:
Rep. Paul Ryan (R-Wis.) slammed Democrats Thursday for campaigning against Republicans on Social Security.
At an event for the Committee for a Responsible Federal Budget Thursday morning, he took on Democrats who have gone after Republican candidates for supporting Ryan’s Roadmap for America’s Future. The plan includes partial privatization of accounts for those under 55.
What! How dare you campaign against policy proposals I made! The opposition party isn't supposed to oppose things!
“We’ve got to get beyond weaponizing these issues for political gain in the short run,” he said, adding that Congress and President Barack Obama aren’t offering any solutions on Social Security. “We’ve got to get through this political moment. The political weaponization of entitlement reform is very unfortunate. It’s hurting our chances of actually getting bipartisan agreement in the near future. It’s unfortunate but we’ve got to get out there."
Gee, Paul, I'd feel so bad for you, except Republicans have successfully and relentlessly weaponized any and all tax increases for the past 30 years.
Anyway, I hope lots of people are prepared to fight this crap in the coming years. Our corrupt business and political elites aren't satisfied with the looting they gave us with the 2008 financial crisis. They're going to start coming after everything else we have too.
Surprise: Fox <b>News</b> signs Juan Williams to new $2 million deal <b>...</b>
Fox News Chief Executive Roger Ailes handed Williams a new three-year contract Thursday morning, in a deal that amounts to nearly $2 million, a considerable bump up from his previous salary, the Tribune Washington Bureau has learned. ...
The Fox <b>News</b> “Lawn Jockey” and The Tolerant Left | RedState
Juan Williams' firing did not happen in a vacuum. It happened in the context of him having been the official Fox News lawn jockey stooge for years.
Fox <b>News</b> Gives Fired NPR Reporter Juan Williams Fat New Contract <b>...</b>
Williams, who has served as a part-time contributor on Fox News since 1997, got an expanded, multi-year deal from the cable channel Thursday. Terms were not disclosed, though a source close to the network said Williams is getting a pay ...
eric seiger eric seiger
Well, you can’t privatize Social Security and I would like someone to
explain how it would be done? The term “privatizing SS” is a cover and
that is all the Washington Post has ever been, a cover for the International Inverstors that own our debt, or Corpostacracy, or Oligarchs,
whatever you want to call them. WAPO is sofening up the public for what is
coming as that is their job and what the WAPO always dois
I N T E R G O V E R N M E N T A L……..D E B T………………………
This is debt that the government owes itself from borrowing from itself,
mostly (100%) from Social Security since it is the only government entity
that produces a surplus to do so. Most on here understand the national debt and who ownes it. You also need to realize that the Clinton Administration did not produce surpluses. Increased borrowing from Social
Security is how deficits were magically transformed into surpluses under President Clinton. The mythical Clinton supluses came from borrowed money,
meaning they weren’t surpluses at all, they were deficits.
T H E………D E F I C I T…..R E D U C T I O N…C O M M I T T E E
Co-chaired by Simpson is going to wipe out the intergovernmental debt.
It is going to be the final theft and death of Social Security. This is
going to happen no matter what faction of the Duopoly is in majority. It is our money that was taken from our paychecks and borrowed. The collusional media such as WAPO and the MSMs are using their diversional tactics to mislead the public, they have been successful in dividing the
populace into factions. They have used mosquedebating and Koran burning to
help this along. The term privatizing social security is just being used as cover. There is no way to do privatized Social Security other than
MANDATES to invest in the Stock Market, this is not security, nor is it
social.
The International Investors that own our debt dictate policy, write the
legislation and in effect , are our government. We will remain the
M I L I T A R Y….E M P L O Y M E N T…E C O N O M I C…C O M P L E X..
with much more AUSTERITY shoved at us by the owners of our debt.
However, Obama is chipping away at the TRADE DEFICIT….a $60 billion
arms sale to Saudia Arabia alone….their are many more coming.
So we still have our factories of death in full production.
We still have our criminal Wars of Terror , all this , making the War
Industry is some way responsible for every paycheck in America. I do not
believe in the “Lesser of Evil” theory. Criminal activity is just that, no
matter what tag of the Duopoly is in the majority. The scare tactics they
are using to keep both of the Duopoly’s base is just that , TACTICS.
I don’t have to “win”. If you still don’t see the game being played, well
you just don’t want to. Obama isn’t a socialist, and Palin isn’t Hitler.
But they both get their money from the same doners.
I will exercise my right to vote, and I will vote my conscience remembering
that as I speak, the cripples, the widows, the orphans, the widowers, the
disabled, the carnage, the drones, the million dead Iraq, the evesdropping,
the undercover ops on enviromenalists, the torture, the rendition, the
30,000 prisoners in Iraq, the prisoners in Afghan,
and my vote won’t be Democrat or Republican…..I still have a concsience,
and haven’t been dumbed down by watching the Maddow vs Beck show or reading
the WAPO.
First things first, the good folks over at Corrente are having a fundraising drive. Please go over and give 'em some cash to help 'em stay afloat. Now, onto business:
While things look pretty bleak in America, we can take comfort from the fact that we aren't alone in letting our economy get looted by multinational financial institutions. In Ireland, where eyes are doing anything but smiling, things are getting really dire:
The cost of bailing out the Republic of Ireland's stricken banks has risen to 45bn euro (£39bn), opening a huge hole in the Irish government's finances.
Oh. That sounds bad.
The increased cost will see the government run a budget deficit equivalent to 32% of GDP this year.
Yeah, that's pretty bad. But how much will this hurt Seamus Average?
Mr Lenihan defended the cost of the bail-out measures, which will cost the Republic's two million taxpayers the equivalent of 22,500 euros each
Holy crap! And the Irish have already implemented austerity measures to raise taxes and cut public services. Does this mean they'll have to do even more of that to pay for yet another massive bank bailout? Why, yes it does:
Minister for Finance Brian Lenihan today warned that further austerity measures will have to be imposed after the Central Bank revealed the total cost of the bailout for Irish banks will be almost €50 billion.
Speaking separately, Taoiseach Brian Cowen refused to rule out further tax increases in the forthcoming Budget and said "revenue raising" options would be required as well as spending cuts in the Budget, which is due to take place in December.
Speaking on RTE radio at lunchtime, Mr Cowen refused to outline how much would have to be found through austerity measures.
Ireland, then, is becoming a feudal state where people are taxed not to pay for police, fire departments, schools, hospitals or pensions. Instead they're taxed to bail out failed financial institutions. And what's more, they're having their taxes increased to bail out failed financial institutions. The banks are the feudal lords living in castles and the taxpayers are the serfs.
But hey, some people are happy about this charming turn of events! Here's Danny McCoy, the director-general at the Irish Business and Employers Confederation (which I gather is their version of the Chamber of Commerce):
The announcement of the final scale of its bank rescue plan concludes a month in which the troubles of Ireland’s economy have again been centre stage. Rating agencies and analysts have questioned the capacity of our small economy to cope with its emerging debt. Ireland has also become a test bed for state recovery strategies, including the introduction of austerity measures and the resolution of complex banking problems.
Thursday’s figures reveal the undeniably high, but manageable, costs of the domestic bank bail-out. The one-off impact is to push the ratio of deficit to gross domestic product to 32 per cent. However, the Irish government has also committed to framing a budgetary plan to reduce the underlying deficit to 3 per cent by 2014. This plan will help to satisfy market concerns by providing clarity on the scale of the painful, but deliverable, fiscal adjustments needed in coming years. And underneath, Ireland’s economy is much stronger than it at first appears.
Well yeah, you definitely don't want to go by how it "appears," do you? Because it appears that Ireland has unemployment of almost 14%. That's, like, pretty bad and stuff. But Mr. McCoy tells us the Irish are eating their crap sandwich and loving it:
Difficult though the situation is, the state has reacted swiftly. Stern measures to address the public finances – including public sector wage cuts, expenditure cuts and increases in personal taxation – have been introduced with widespread acceptance by the public.
Acceptance. Riiiiiiiight. That's why the ruling Fianna Fáil party is facing a nine-point deficit against the center-left Labour Party. After all, who doesn't love having their taxes jacked up even as their pension gets slashed? It's like having an angel eat whipped cream off your nipples!
Measures to fix the banking crisis through a new National Asset Management Agency have received a more mixed reaction. However, the aim of taking bad property loans off bank balance sheets to enable recapitalisation is sound.
Oh joys! The Irish have their own version of Timmy Geithner's cash-for-trash initiative! I can't imagine why that would get a mixed review! After all, buying worthless housing securities is almost as much fun as having your pension looted!
Of course, I shouldn't mock the Irish too much for their impending enslavement by the financial industry. After all, as Digby notes, we're about to get the same treatment here in the US:
Rep. Paul Ryan (R-Wis.) slammed Democrats Thursday for campaigning against Republicans on Social Security.
At an event for the Committee for a Responsible Federal Budget Thursday morning, he took on Democrats who have gone after Republican candidates for supporting Ryan’s Roadmap for America’s Future. The plan includes partial privatization of accounts for those under 55.
What! How dare you campaign against policy proposals I made! The opposition party isn't supposed to oppose things!
“We’ve got to get beyond weaponizing these issues for political gain in the short run,” he said, adding that Congress and President Barack Obama aren’t offering any solutions on Social Security. “We’ve got to get through this political moment. The political weaponization of entitlement reform is very unfortunate. It’s hurting our chances of actually getting bipartisan agreement in the near future. It’s unfortunate but we’ve got to get out there."
Gee, Paul, I'd feel so bad for you, except Republicans have successfully and relentlessly weaponized any and all tax increases for the past 30 years.
Anyway, I hope lots of people are prepared to fight this crap in the coming years. Our corrupt business and political elites aren't satisfied with the looting they gave us with the 2008 financial crisis. They're going to start coming after everything else we have too.
Surprise: Fox <b>News</b> signs Juan Williams to new $2 million deal <b>...</b>
Fox News Chief Executive Roger Ailes handed Williams a new three-year contract Thursday morning, in a deal that amounts to nearly $2 million, a considerable bump up from his previous salary, the Tribune Washington Bureau has learned. ...
The Fox <b>News</b> “Lawn Jockey” and The Tolerant Left | RedState
Juan Williams' firing did not happen in a vacuum. It happened in the context of him having been the official Fox News lawn jockey stooge for years.
Fox <b>News</b> Gives Fired NPR Reporter Juan Williams Fat New Contract <b>...</b>
Williams, who has served as a part-time contributor on Fox News since 1997, got an expanded, multi-year deal from the cable channel Thursday. Terms were not disclosed, though a source close to the network said Williams is getting a pay ...
eric seiger eric seiger
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