ATTN All OBAMA AND GOVT. SUPPORTERS A must Read

[lyon804]

Guys I have come across something on a local forum from the great state of Alabama. Please read below what I have copied and I know some hearty liberals will find something wrong, but just think about the path we are on. Also take about 4 min and watch this link below. It may help your perspective.

http://www.youtube.com/watch_popup?v=G44NCvNDLfc

An excellent summary! For those who need a picture, To the Congress:

The U.S. Postal Service was established in 1775 - you have had 234 years to get it right; it is broke.
Social Security was established in 1935 - you have had 74 years to get it right; it is broke.
Fannie Mae was established in 1938 - you have had 71 years to get it right; it is broke.
The "War on Poverty" started in 1964 - you have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to "the poor"; it hasn't worked and our entire country is broke.
Medicare and Medicaid were established in 1965 - you've had 44 years to get it right; they are broke.
Freddie Mac was established in 1970 - you have had 39 years to get it right; it is broke.
Trillions of dollars were spent in the massive political payoffs called TARP, the "Stimulus", the Omnibus Appropriations Act of 2009... none show any signs of working, although ACORN appears to have found a new source: the American taxpayer.
And finally, to set a new record:
"Cash for Clunkers" was established in 2009 and went broke in 2009! It took cars (that were the best some people could afford) and replaced them with high-priced and less-affordable cars, mostly Japanese. A good percentage of the profits went out of the country. And the American taxpayers take the hit for Congress' generosity in burning three billion more of our dollars on failed experiments.
So with a perfect 100% failure rate and a record that proves that "services" you shove down our throats are failing faster and faster, you want Americans to believe you can be trusted with a government-run health care system?
20% of our entire economy?
With all due respect, Are you crazy?

[InTheHole]

I love the idea of bailing out Financial Institutions with my money for them to later raise Interest rates on existing debt and charging me more to borrow my money

What a racket...Thank You Barack Hussein Obama

[InTheHole]

Lighten up Lyon....it's only 1.3 trillion dollars

[lyon804]

Lighten up Lyon....it's only 1.3 trillion dollars

Yea right! Who cares!

[lyon804]

Watch the video

[InTheHole]

[lyon804]

Nice, in the hole. Pretty solid to the point

[DwightShrute]

and coming soon ... Cap and Trade

[InTheHole]

This is a sleeping Giant of a problem folks. I have no healthcare and even I am against it.

[daggerkobe]

More chain letter BS.

[lyon804]

More chain letter BS.

True DaggerKobe, but I at least gave it's due. I didn't claim it was mine. Is the information incorrect?? What makes you appauled by it?

[lyon804]

The congressman however is not chain letter BS!! Watch the video!

[InTheHole]

More chain letter BS.

Show me the BullShit...it's possible and if it is there I'll be sure to issue the corrections

[DwightShrute]

True DaggerKobe, but I at least gave it's due. I didn't claim it was mine. Is the information incorrect?? What makes you appauled by it?

Your intentions to show the unprecedented travesty being shoved down to the American people is honorable and just.

Unfortunately, the others with attempt to spin it, using words like BS, well Bush did this and Bush and that, and my favorite as of late ... plagiarism. just a blatant attempt to deflect from the real issues. It will never change.

[InTheHole]

Your intentions to show the unprecedented travesty being shoved down to the American people is honorable and just.

Unfortunately, the others with attempt to spin it, using words like BS, well Bush did this and Bush and that, and my favorite as of late ... plagiarism. just a blatant attempt to deflect from the real issues. It will never change.

[lyon804]

Your intentions to show the unprecedented travesty being shoved down to the American people is honorable and just.

Unfortunately, the others with attempt to spin it, using words like BS, well Bush did this and Bush and that, and my favorite as of late ... plagiarism. just a blatant attempt to deflect from the real issues. It will never change.

Thanks Dwight! You know sometimes I feel beat up by the left in here. I have tried to educate them wherever I have been but it appears to be a lost cause for me

[DwightShrute]

It's kinda like trying to stretch the hair of an ant's balls across Niagara Falls with boxing gloves

[InTheHole]

Thanks Dwight! You know sometimes I feel beat up by the left in here. I have tried to educate them wherever I have been but it appears to be a lost cause for me

Good luck....probably have a better shot at getting the message across at your local University. Watch out for Willie Bee...can't believe he resides in Texas

[lyon804]

It's kinda like trying to stretch the hair of an ant's balls across Niagara Falls with boxing gloves

[Indecent]

Ignoring whether or not I like the health care bill (I don't), I think you can do better than "Everything else has failed so this will to".

I did like the video.

[lyon804]

I am glad you did. Those were not my words, but I do second the opinion of the author. This country needs less government. The reason we have to much now is the needy society we live in. Anytime something goes wrong the first thing someone says is "the government ought to......................" Whatever the case may be the government will. Problem is they don't go away. "The problem with socialism is eventually you run out of other peoples money" Author Unknown

[CarpeDime]

The Postal Service is fine. I don't use it anymore cause of e-mail, but before that, used to use it all the time, always worked great.

Still use it to get non-urgent packages, works fine.

You guys having problems with the mail?

[daggerkobe]

Social Security was established in 1935 - you have had 74 years to get it right; it is broke.


I AM SICK of the pundits, local and national, who say that “Social Security is broke.” Social Security is far from “broke.”

It is the trust fund expanded by the Social Security Amendments of 1983 that is being depleted to the broke level. To quote the trustees of the Social Security Administration in their 2009 report, “Projected OASDI tax income will begin to fall short of outlays in 2016, and will be sufficient to finance 76 percent of scheduled annual benefits in 2037, after the combined OASDI Trust Fund is projected to be exhausted.”

The Social Security Administration is the most efficient entity in the federal government. Without fail, each month almost 51 million beneficiaries receive over $51 billion in benefits. This includes about 9.5 million disabled workers with spouses and children.

However, what borders on being criminal is the insulting $255 death benefit. Congress approves billions of dollars in foreign aid each year, but I have yet to read or hear of one of our delegates to that body espousing an increase in that 1935 dollar amount that could mitigate an economic pain that may accompany the death of a loved one.

As a benefit system, Social Security may have been a system that has been too good. As an investment, it far exceeds anything the average American, or perhaps even professional investors, could achieve over the lifetime of a retired worker. For an individual who always worked for wages equal to the National Average Wage Index and retired in 2009 at 66, his or her Social Security benefit would be $1,499 a month and a spouse the same age would be entitled to 50 percent of that amount, $749. He or she would have paid about $51,900 as the “investment” in Social Security taxes over a working career of 45 years. With a 3 percent cost-of-living adjustment, this amount will be recovered in three years.
Including the spousal benefit, the recovery will be in two years. For this “investment” and beginning with $1,499 a month, increased by annual 3 percent COLAs, the rate of return would be in the order of 44 percent a year. Beginning with the combined $2,248-a-month month benefit increased annually by COLAs, the return would be in the order of 73 percent a year.

A 66-year-old female has a life expectancy of 19.2 years and a 66-year-old-male 16.4 years. The total benefits that each gender would receive given that each dies at the life-expectancy age will be about $380,000 and $467,000, respectively. As a couple, the combined benefit to the death of the wife (assuming the husband was the wage earner) would be $780,000. A further exacerbation of the trust-fund depletion is that one wage earner could provide a spousal benefit for five or more spouses, as long as each of the first four marriages lasted 10 years before divorce or spousal death and no spousal re-marriages (married at ages 25, 35, 45, 55 and 65).

However, the demise of the trust fund does not mean that Social Security is dead. Rather, that demise means that the cash flow into the system will support only 76 percent of the benefits scheduled to be paid under current law. That 24 percent reduction in future benefits can be eliminated for the next 75 years by a 1- percentage-point increase in the individual’s Social Security tax, from 6.2 percent to 7.2 percent of taxable wages, according to the actuaries of the Social Security Administration as indicated in the trustees’ report.

Had those tax rates been 1 percentage point greater in the past, the total taxes that would have been paid by the average wage earner would have been about $61,000 for the same benefits. (This $9,000 of added taxes would have been equivalent to having drunk two cups of coffee a day for 45 years with the price having been, and always remained at, about 25 cents a cup.)

The initial monthly benefit and the total dollar amounts would be the same with a 62 percent rate of return on that “investment.” Given the rate of return and the benefits, that increased amount could have been tolerable in the past and may also be tolerable in the future.

Social Security is not broke, the fix would be relatively easy, and is, in reality, the American workers’ greatest investment.
Robert Muksian is a professor of mathematics at Bryant University ( rmuksian@bryant.edu).

http://www.projo.com/opinion/contributors/content/CT_muksian19_09-19-09_4UFGIV6_v11.3f90582.html

[lyon804]

The Postal Service is fine. I don't use it anymore cause of e-mail, but before that, used to use it all the time, always worked great.

Still use it to get non-urgent packages, works fine.

You guys having problems with the mail?

Hello Genius. Of course it works. It wasn't a matter of not working. The government moreless has a monopoly on this and it still loses money. Basically, what I am trying to say is the government is very inefficient.

[DwightShrute]

Hello Genius. Of course it works. It wasn't a matter of not working. The government moreless has a monopoly on this and it still loses money. Basically, what I am trying to say is the government is very inefficient.

they lose millions and millions.

Why does the government need to be in the mail business anymore?

answer: they don't. Unions!

[daggerkobe]

"Cash for Clunkers" was established in 2009 and went broke in 2009! It took cars (that were the best some people could afford) and replaced them with high-priced and less-affordable cars, mostly Japanese. A good percentage of the profits went out of the country. And the American taxpayers take the hit for Congress' generosity in burning three billion more of our dollars on failed experiments.


How did it go "broke"? $1 Billion was earmarked for this temporary program and as it proved way too popular, another $2 Billion was added. After the $3 Billion were exhausted, the program ended, as it was intended. So how was it a "failed experiment" that went "broke"??

This would be like buying $500 worth of candies for Halloween, and after passing out every single one of them... calling it a "broke, failed experiment." Huh?

Not to mention that majority of the cars traded in were gas guzzling SUVs (Ford Explorers) which had lost over 50% of its value and had been in steep decline in sales since the oil czar Dumbya manipulated gas prices to nearly $5/gal.

Majority of the companies such as Honda, Toyota, Nissan, Hyundai, Kia and other foreign makes have factories right here in the US, employing thousands of US workers. Not to mention workers at US parts suppliers, dealers, garages, etc. employing additional Americans.

Cash 4 Clunkers was responsible for nearly 750,000 cars sold and saving 25,000 US manufacturering jobs.... not including salespeople, mechanics, parts suppliers, etc.