Click on the words "we ar all socialists now"
COVER STORY: BUSINESS We Are All Socialists NowJon Meacham and Evan Thomas
In many ways our economy already resembles a European one. As boomers age and spending grows, we will become even more French.
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by
Col. George W.
Member since:
May 18, 2007 We Are All Socialists Now
February 11, 2009 10:06 AM EST
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rating: 6.3/10
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comments: 50
***** Newsweek has the following article. It is a little disturbing. In fact a lot shocking. The time to listen to and follow the advice of Ron Paul and others is now past. Thank you NON Republican, Socialist Bush.
Click on the words "we ar all socialists now" COVER STORY: BUSINESS We Are All Socialists NowJon Meacham and Evan Thomas In many ways our economy already resembles a European one. As boomers age and spending grows, we will become even more French.
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Comments: 50
JMO but I think Bush was so far left that even the most Radical Democrat could not see him with a telescope. Every program he pushed after 9/11 was government control.
You have your loyalties ,in regard to Bush confused, Colonel. He was right, in fact he was so right, it smacked of Fascism, not left wing. Fascism, according to the guy that basically invented it's tenets out of loose confederation of rabble rousers, Mussolini, is the blending of the power of the corporate and the government power. If that doesn't describe Bush, right up till the end, with his giveaway of billions to corporate cronies, I don't know what does. You bend the very definitions of right, and left, when you ascribe him as being of left stripe.
Poeple need to start understanding that Socialism is NOT Communism and it's NOT a "dirty" word. People need to understand that we already have a lot of "socialized" programs, schools, police, fire depts are all socialized programs.
Capitalism works in theory, but people are greedy and will do what is best for them and thier "friends". If it will line their pockets who gives a rats behind if the least of us get screwed. The idea that the wealthy will provide jobs, etc was fine until they learned to "play the angles" and that they could just put their money in different places and let it grow. That doesn't provide jobs for anyone, it just makes them richer.
Ron the Medicare program did not help or hinder the Drug Lords. They still get their asking price. That is why we hit the donut hole every year. Medicare happenss to have over 3 Trillion Dollars in its trust fund. I doubt it is going broke soon.
Hmmm. France or Nazi Germany? I'm going where the crepes are dude.
The French make sure everyone in France has access to health care. You don't make a choice there between going to a doctor and paying the heating bills.
And to pave roads that OTHER people drive on. If you own a car pave your own road.
And some bad kid is going to get abused and expect to call the police on MY DOLLAR.
And when my kids are out of school I dont want to pay for ANYONE elses.
And some loser is going to expect the fire department to put out their fire again with MY MONEY.
And some loser senior is going to expect ME to support them when they decide to be lazy and not want to work anymore.
And some Vet is going to expect MY TAX dollars to support his problems. Hey is he or she went to war thats NOT MY problem. Why should I support them I didnt ask them to fight for me. I could have done it for half the price and not expect welfare when I get out. They just need to cowboy up.
A SUMMARY OF THE 2008 ANNUAL REPORTS
Social Security and Medicare Boards of Trustees
A MESSAGE TO THE PUBLIC:
Each year the Trustees of the Social Security and Medicare trust funds report on the current and projected financial status of the two programs. This message summarizes our 2008 Annual Reports.
The financial condition of the Social Security and Medicare programs remains problematic. Projected long run program costs are not sustainable under current financing arrangements. Social Security's current annual surpluses of tax income over expenditures will begin to decline in 2011 and then turn into rapidly growing deficits as the baby boom generation retires. Medicare's financial status is even worse. This year Medicare's Hospital Insurance (HI) Trust Fund is expected to pay out more in hospital benefits and other expenditures than it receives in taxes and other dedicated revenues. The difference will be made up from general revenues which pay for interest credits to the Trust Fund. Growing annual deficits are projected to exhaust HI reserves in 2019 and Social Security reserves in 2041. In addition, the Medicare Supplementary Medical Insurance (SMI) Trust Fund that pays for physician services and the prescription drug benefit will continue to require general revenue financing and charges on beneficiaries that grow substantially faster than the economy and beneficiary incomes over time.
The drawdown of Social Security and HI Trust Fund reserves and the general revenue transfers into SMI will result in mounting pressure on the Federal budget. In fact, pressure is already evident. For the second consecutive year, a "Medicare funding warning" is being triggered, signaling that non-dedicated sources of revenues—primarily general revenues—will soon account for more than 45 percent of Medicare's outlays. The President recently proposed remedial action pursuant to the warning in last year's report and, in accordance with Medicare statute, a Presidential proposal will be needed in response to the latest warning.
We are increasingly concerned about inaction on the financial challenges facing the Social Security and Medicare programs. The longer action is delayed, the greater will be the required adjustments, the larger the burden on future generations, and the more severe the detrimental economic impact on our nation.
Medicare
As we reported last year, Medicare's financial difficulties come sooner—and are much more severe—than those confronting Social Security. While both programs face demographic challenges, rapidly growing health care costs also affect Medicare. Underlying health care costs per enrollee are projected to rise faster than the wages per worker on which payroll taxes and Social Security benefits are based. As a result, while Medicare's annual costs were 3.2 percent of GDP in 2007, or nearly three quarters of Social Security's, they are projected to surpass Social Security expenditures in 2028 and reach 10.8 percent of GDP in 2082.
Moreover, this is the second consecutive year that the Medicare Report triggers a Medicare funding warning. Under the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 the Medicare Report must include a determination of whether the difference between total Medicare outlays and dedicated financing (such as premiums and payroll taxes) exceeds 45 percent of total outlays within the first 7 years of the projection period (2008-2014 for the 2008 Report). The Act provides that an affirmative determination in two consecutive reports be treated as a "funding warning" for Medicare that would, in turn, prompt a Presidential proposal to respond to the warning and expedited Congressional consideration of such proposal. The 2008 Report projects that the difference will surpass 45 percent in 2014 and therefore again makes a determination of excess general revenue funding (as prior Reports did in 2006 and 2007). This determination triggers the second consecutive Medicare funding warning. Under the provisions of the 2003 Act, this calls for a Presidential proposal to respond to the warning within 15 days of the submission of the Fiscal Year 2010 budget and for Congress to consider the proposal on an expedited basis. This provision is expected to bring additional attention to Medicare's impact on the Federal budget.
The projected 75-year actuarial deficit in the Hospital Insurance (HI) Trust Fund is now 3.54 percent of taxable payroll, down slightly from 3.55 percent projected in last year's report. Were it not for new methods for projecting immigration that were implemented this year, the HI actuarial deficit would have increased rather than decreased. Despite the slight improvement, the fund again fails our test of short-range financial adequacy, as projected annual assets drop below projected annual expenditures within 10 years—by 2013. The fund also continues to fail our long-range test of close actuarial balance by a wide margin. The projected date of HI Trust Fund exhaustion is 2019, the same as in last year's report, when dedicated revenues would be sufficient to pay only 78 percent of HI costs. Projected HI dedicated revenues fall short of outlays in this and all future years. The Medicare Report shows that the program could be brought into actuarial balance over the next 75 years by an immediate 122 percent increase in the payroll tax (from 2.9 percent to 6.44 percent), or an immediate 51 percent reduction in program outlays or some combination of the two. As with Social Security, adjustments of greater magnitude would be necessary if changes are delayed or phased in gradually. Larger changes would also be required to make the program solvent on a sustainable basis beyond the 75-year horizon.
Part B of the Supplementary Medical Insurance (SMI) Trust Fund, which pays doctors' bills and other outpatient expenses, and Part D, which pays for access to prescription drug coverage, are both projected to remain adequately financed into the indefinite future because current law automatically provides financing each year to meet next year's expected costs. However, expected steep cost increases will result in rapidly growing general revenue financing needs—projected to rise from 1.3 percent of GDP in 2007 to 4.1 percent in 2082—as well as substantial increases over time in beneficiary premium charges.
Perpetual fear of sharing and caring. That's some irrational fear.
http://www.gather.com/viewArticle.jsp?memberId=36130&articleId=281474977492089&nav=MyGather
There have been some small strides to bigger government over the last 60 years, but look out for this clown. They hid crap in the stimulus to lay the groundwork for the government take over of health care. Now, the "one" will propose raising taxes on businesses and a lot of other people in his address to congress. This guy just does not get it. 2012 can not come quick enough. Maybe America will wake up by then.
Move to France if you think that is so glorious. The fact is they cannot sustain the system. They are like California they either have to go bankrupt or seriously cut back on services.
The problem here and now, is the new Liberal, as they do not want any regulation on any thing. Socialism, without regulation, just like capitalism without it, leads to Anarchy. Yes bush helped it along, but Obama is going to push it a lot futher towards Anarchy.
Now the extreme left stil refuses to face reality, and we are heading into a system that will make things far worse, combined with the fact like most of what the Democrats do is unregulated, will only amplify the problems. This Government is going to be dangerous for this country, by far worse than Bush ever is. Economists are already figuring Obama will double Bush's spenditure by double at the end of his first term...
What is the socialist Church? is Jesus a capitalist?
The Pledge of Allegiance was written in 1892 by Francis Bellamy (1855-1931), a Baptist minister, a Christian socialist, and the cousin of socialist utopian novelist Edward Bellamy (1850-1898). Bellamy's original "Pledge of Allegiance" was published in the September 8th issue of the popular children's magazine The Youth's Companion as part of the National Public-School Celebration of Columbus Day, a celebration of the 400th anniversary of Christopher Columbus's discovery by the natives of America, conceived by James B. Upham.
Interesting information, thank you. Your point? Because a Socialist penned the words to the pledge does not take away from its meaning and importance.
socialism got its dirty name from the cold war. but when the iron curtain fell there was no monster. a big part of the cold war was fought here at home, with propaganda.
without the wizard we would not have gone to the moon. so the real story here is not let or right , but rather how. how to we motivate the people to invest in large scale projects that cost B$. without resorting to propaganda?
i am glad you posted the news link. this is an important subject, but not for lamenting. its an opportunity to create a national dialog.
what is it?
Although Adam Smith is often described as the "father of capitalist thinking," he never used the term "capitalism". He described his own preferred economic system as "the system of natural liberty." However, Smith defined "capital" as stock, and "profit" as the just expectation to keep the revenue from improvements to that stock. Smith also made capital improvement the central goal of the economic and political system.[44]
Dialectical materialism is the philosophy of Karl Marx, which he formulated by taking the dialectic of Hegel and joining it to the Materialism of Feuerbach. According to many followers of Karl Marx's thinking, it is the philosophical basis of Marxism.
What is Property? Or, an Inquiry into the Principle of Right and of Government (French Qu'est-ce que la propriété ? ou Recherche sur le principe du Droit et du Gouvernment) is an influential work of nonfiction on the concept of property and its relation to anarchist philosophy by the French anarchist and mutualist Pierre-Joseph Proudhon, first published in 1840.
My point Col. respectfully Col Sir.
is we have intellectual and practical examples of various forms of civil governance. we should be able to extrapolate resound instruction from the world we live in.
There is nothing wrong with Socialism? When the governmet controls there is no incentive to work or start a business. Socialism levels people and robbs them of incentive.
venter capital wont send us back to the moon just like it didn't build the highway system. that kind of spending takes government. The country needs to grow up, that means going beyond isms. Our people are way behind and corporate greed is partly to blame, but also the gullibility of generations.
my generation was marketed for disaster, I know because I bought into it. Sex, drugs and rock and roll.
I started here with the Flag because its something we both hold in high esteem. and that which we hold dear we conceived in an idealism that we have been toled is anti- American.
that is confusing to say the least.
Thats how we ended up with the worlds largest prison population. prohibition has served the interests of venture capitalists quite well, but it has undermined the cowmen welfare of the country.
this is an example of a successful government spending program.
somewhere between 1933 and 1979 when he passes on, government spending on its own people got a dirty name. But the evidence against spending at home is hard to come by. this was a way forward in hard times that lead to a life time of employment and opportunity far him and his family.
However, we sent men to space and we built a highway system as well as a lot of other things without being a Socialist nation. Only a Semi Socialist Republic. We grew up in a Republic that had a few Socialist like programs and I see no reason to change it as Obama wants. Government controling the banks and industry? I think that is going a bit too far into radical Socialism.
thats not socialism its fascism. But what would you have him (Obama) do? people your age and older would be the one to suffer the worst. without the economy there will be not social safety net for the old and the feeble.
Do you really think that free markets would favor you best interest?
Do you keep your money in the islands so you wont have to pay your taxes?
Do you swindle your neighbor, blow all the ill gotten gain then ask for a lone so you can give yourself a bonus?
The change Obama is bringing is the change we voted for. I did not vote for Mr Bush, but I still got the change he brought.
I do think a one party system is a very bad thing for the country, but the Right needs a platform of ideals that brings us to the center.
Now is not the time to lament that which is lost. now is the time to Work for what might be saved.
Sir.
Your stattement "Now is not the time to lament that which is lost. now is the time to Work for what might be saved." is the reason for the Campaign for Liberty and a few other movements to restore this Republic and the Constitution.
you have been around, you know how it is. you were a leader of men and maybe women. Did you ever expect one of your people under your command. to go to prison for following your orders?
I don't know you, but I'm looking at your face and I don't see that in you.
look were we are, what are we to do? the President of the United States of America... may have committed treason. we put our own children in prison to support local revenues. we would rather pay dictators then spend at home.
i am trying to reach out to your generation and not just blame, but i feel like there has to be responsibility on all sides.
Nixon did us more harm by trumping the law than he did by braking it. Now we stand on the crossroads again.
a. When I was in the service a commander was responsable even to the acts of his men.
b. You need to be in the Campaign for Liberty to some degree.
c. There is still a hope that Bush Cheney & Co. will be prosecuted. I hope they then turn them all over to the internaional court to show the rest of the world that there is no favortism in America, Everyone must live under the law, even our leaders.
i will read up on this Campaign for Liberty group. i think this conversation is a good one. we are all Americans and we need to find our common voice.