Showing posts with label Debt commission. Show all posts
Showing posts with label Debt commission. Show all posts

Friday, July 22, 2011

Montana Farmer Sounds Off on Retired Congressman Alan Simpson




I received an email today that sums up the feelings of many who have watched career politicians run this country into the ground. This particular missive is said to be from a farmer in Montana responding to retired congressman Alan Simpson’s remarks about senior citizens being the greediest generation. Simpson served on Barack Obama’s Debt Commission.



Here is the email. Enjoy:

"Hey Alan, let's get a few things straight..


1. As a career politician, you have been on the public tit for FIFTY YEARS.


2. I have been paying Social Security taxes for 48 YEARS (since I was 15 years old. I am now 63).

3. My Social Security payments, and those of millions of other Americans, were safely tucked away in an interest bearing account for decades until you political pukes decided to raid the account and give OUR money to a bunch of zero ambition losers in return for votes, thusbankrupting the system and turning Social Security into a Ponzi scheme that would have made Bernie Madoff proud.


4. Recently, just like Lucy & Charlie Brown, you and your ilk pulled the proverbial football away from millions of American seniors nearing retirement and moved the goalposts for full retirement from age 65 to age 67. NOW, you and your shill commission are proposing to move thegoalposts YET AGAIN.


5. I, and millions of other Americans, have been paying into Medicare from Day One, and now you morons propose to change the rules of the game.. Why? Because you idiots mismanaged other parts of the economy to such an extent that you need to steal money from Medicare to pay the bills.


6. I, and millions of other Americans, have been paying income taxes our entire lives, and now you propose to increase our taxes yet again. Why? Because you incompetent bastards spent our money so profligately thatyou just kept on spending even after you ran out of money. Now, you come to the American taxpayers and say you need more to pay off YOUR debt.


To add insult to injury, you label us "greedy" for calling "bullshit" on your incompetence. Well, Captain Bullshit, I have a few questions for YOU.

1. How much money have you earned from the American taxpayers during your pathetic 50-year political career?


2. At what age did you retire from your pathetic political career, and how much are you receiving in annual retirement benefits from the American taxpayers?


3. How much do you pay for YOUR government provided health insurance?


4. What cuts in YOUR retirement and healthcare benefits are you proposing in your disgusting deficit reduction proposal, or, as usual, have you exempted yourself and your political cronies?
It is you, Captain Bullshit, and your political co-conspirators called Congress who are the "greedy" ones. It is you and your fellow nutcases who have bankruptedAmerica and stolen the American dream from millions of loyal, patriotic taxpayers. And for what? Votes. That's right, sir. You and yours have bankrupted America for the sole purpose of
advancing your pathetic political careers. You know it, we know it, and you know that we know it.

And you can take that to the bank, you miserable son of a bitch.



















Sunday, November 14, 2010

Charlotte Observer's Hypocrisy on the National Debt

Leave it to the Charlotte Observer’s editorial board to lecture the rest of us on fiscal responsibility. These Haight-Ashbury rejects advocated every big government program that’s put forth by every whack-job socialist on the international, national, state and local scene. Now that the country’s back is against the wall, these spendthrifts are trying to make themselves out to be budget hawks. Here is a commentary on the Bowles, Simpson Debt Commission:


While the specifics deserve a thorough examination, their message and approach were spot-on. Their message: America's profligacy is a real threat to its status as an economic superpower and attacking our enormous debt will be painful for almost everyone. Their approach: About $1 trillion in new revenue, about $2.2 trillion in spending cuts and almost $700 billion in interest savings by 2020.


The reactions were predictable. Nancy Pelosi and the AFL-CIO instantly labeled it unacceptable because of its spending cuts and reining in of Social Security. Republican reaction was mixed but many leading conservatives dismissed the proposal because of the higher taxes.


Well there you have it, and that's why America is careening toward bankruptcy. The United States borrows 37 cents of every dollar it spends. It's putting over a trillion dollars on the credit card every year. At some point, the bond markets will revolt and the financial crisis of the past two years will look like child's play.


Balancing the budget and paying down the debt means dramatic spending cuts and tax hikes. That's not an opinion; that's math. But politicians will not make the difficult choices because voters by and large are not demanding that they do so.


Are you kidding me? What in the hell do you think has been happening in the past two years? Maybe you’ve heard about a grassroots movement called the tea party? We started a march outside your offices last year. Remember that? I believe all of those years of smoking pot have affected their memory. Move away from the bong.

Here are some of  Charlotte Observer's suggestions for balancing the budget and reducing the debt:

A gas tax hike of 15 cents a gallon. Painful? Yes. But it hasn't increased in 17 years. It would generate billions, and push the nation to reduce its demand for oil, much of which we buy from hostile regimes.


$100 billion in military spending cuts. As the biggest discretionary part of the budget, lower defense spending has to be part of the solution.


Reforming Social Security with higher retirement ages, lower cost-of-living adjustments and other changes. Social Security, created in 1935, was never meant to provide income for the final 30 years of a person's life. And raising the income that is subject to the Social Security payroll tax is a no-brainer.


I can agree on the spending cuts in the military, maybe not the 100 billion. But there is waste in every bureaucracy. I can also agree that Social Security was never meant to be the sole income for retirees. Raising the payroll tax and age requirement is not the way to go. The Observer believes that a majority of the people will live to be a hundred. I don’t. Making the eligibility requirement so high that death would be an impediment to collecting, shows that advocates have more of an interest in survival of the program rather than the participates. I believe means testing and privatization is more beneficial.

The gas tax hike of 15 cents a gallon is a job killer. That cost affects everything from groceries to big ticket items. The Observer believes it would generate billions in dollars of revenue, when in fact it would do just the opposite. Do they actually think businesses are going to eat that cost? Of course not, they are going to pass that on to the consumer. People are tightening their belts now, how is another tax going to help?

If we’re really serious about cutting the national debt and balancing the federal budget, then we are going to have to make drastic cuts in the bureaucracies. We need a decentralization of power from Washington D.C. to the states. That means whole agencies must go. We can start with getting rid of the Department of Education; Agriculture; Energy; and the EPA. All subsidies must come to a halt: agriculture; foreign; arts; corporate; you name it…it must stop.


The first place we can make cuts is the Obama Czar machine. I wonder how many millions are wasted on those Marxist bastards. There are plenty of cuts to go around. We just need the will to do it.


Read more: http://www.charlotteobserver.com/2010/11/14/1836909/bowles-simpson-have-gall-thank.html#ixzz15HLzsZOXt