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The crisis "No one is talking about"

M

marke

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FORMER HEAD ALAN GREENSPAN Warns of Massive "Entitlements Crisis "that No One Is Talking About...
FORMER HEAD ALAN GREENSPAN Warns of Massive "Entitlements Crisis"that No One Is Talking About... Here's How Savvy Americans Are Preparing...[with Comments by PHB] >> Four Winds 10 - Truth Winds

Democrats have gained massive support in politics by promising free stuff to voters who, understandably, respond by voting for those who promise the free stuff. The problem is that politicians are giving away stuff the government cannot afford and which will end in disaster just like the 2008 Wall Street collapse if something is not done soon to stop the foolishness.

Here are some quotes:

"Deficit spending is simply a scheme for the confiscation of wealth."

Greenspan is warning of a pending "Entitlements Time Bomb."

How can one be so sure about the coming crisis? If you look at the numbers, it's a mathematical certainty: Since 2010, Social Security has been paying out more than it has collected in taxes. [Why? because the government has paid Social Security to those, who never paid anything into the program, such as illegal aliens, etc.

Who is encouraging illegals to come here and live off of government welfare? Democrats. More quotes:

"Entitlements are considered the third rail of American politics. You touch them you lose. Republicans don't want to touch it. Democrats don't want to touch it. You will never hear one word from either side."

Since Washington won't deal with the problem, the U.S. is like a high-speed train flying for a solid brick wall. UPON IMPACT, THERE WILL BE FINANCIAL CARNAGE AT EVERY LEVEL -- from big government down to the average retirement account.

 
marke said:
FORMER HEAD ALAN GREENSPAN Warns of Massive "Entitlements Crisis "that No One Is Talking About...
FORMER HEAD ALAN GREENSPAN Warns of Massive "Entitlements Crisis"that No One Is Talking About... Here's How Savvy Americans Are Preparing...[with Comments by PHB] >> Four Winds 10 - Truth Winds

Democrats have gained massive support in politics by promising free stuff to voters who, understandably, respond by voting for those who promise the free stuff. The problem is that politicians are giving away stuff the government cannot afford and which will end in disaster just like the 2008 Wall Street collapse if something is not done soon to stop the foolishness.

Here are some quotes:

"Deficit spending is simply a scheme for the confiscation of wealth."

Greenspan is warning of a pending "Entitlements Time Bomb."

How can one be so sure about the coming crisis? If you look at the numbers, it's a mathematical certainty: Since 2010, Social Security has been paying out more than it has collected in taxes. [Why? because the government has paid Social Security to those, who never paid anything into the program, such as illegal aliens, etc.

Who is encouraging illegals to come here and live off of government welfare? Democrats. More quotes:

"Entitlements are considered the third rail of American politics. You touch them you lose. Republicans don't want to touch it. Democrats don't want to touch it. You will never hear one word from either side."

Since Washington won't deal with the problem, the U.S. is like a high-speed train flying for a solid brick wall. UPON IMPACT, THERE WILL BE FINANCIAL CARNAGE AT EVERY LEVEL -- from big government down to the average retirement account.
Click to expand...

So marke, do you think the Present tax cut is helping?
 
Exquisitor said:
So marke, do you think the Present tax cut is helping?
Click to expand...

Yeah, look around, strongest economy, jobs, jobs, wages going up, unemployment at an all time low. Consumer confidence is up. etc etc etc

Now compare that to one of your freebies, how does an open border help, spending 90+ Trillion on the New Green Deal going to help and who pays for that. Free Medicare for all shutting down every health insurance company. Raising taxes, how does that help. Free college who pays for that. A guaranteed government job if you want one and if not we'll pay you to stay home.
 
Born Free said:
Yeah, look around, strongest economy, jobs, jobs, wages going up, unemployment at an all time low. Consumer confidence is up. etc etc etc

Now compare that to one of your freebies, how does an open border help,
Click to expand...

Cheap labor that pays taxes, yet gets no benefits.

Born Free said:
spending 90+ Trillion on the New Green Deal going to help and who pays for that.
Click to expand...

Government. And every dollar goes into the economy. New jobs, cheaper energy, cleaner environment.

Born Free said:
Free Medicare for all shutting down every health insurance company.
Click to expand...

Saves money overall. Every projection has M4A saving trillions on total healthcare costs, plus everybody is covered. Employers no longer have to pay for insurance. People no longer have to pay TONS of money for healthcare.

Born Free said:
Raising taxes, how does that help.
Click to expand...

Taxes on the rich hurt nobody. Any taxes on the rest of us would be well worth it, seeing as our healthcare would be free and college would be free.

Born Free said:
Free college who pays for that. A guaranteed government job if you want one and if not we'll pay you to stay home.
Click to expand...

Why don't you actually examine some of the numbers in and out of the economy, instead of just screaming about the wildly inflated gross numbers fed to you by conservative interests (big Pharma, etc.) who might make a bit less?
 
Born Free said:
Yeah, look around, strongest economy, jobs, jobs, wages going up, unemployment at an all time low. Consumer confidence is up. etc etc etc

Now compare that to one of your freebies, how does an open border help, spending 90+ Trillion on the New Green Deal going to help and who pays for that. Free Medicare for all shutting down every health insurance company. Raising taxes, how does that help. Free college who pays for that. A guaranteed government job if you want one and if not we'll pay you to stay home.
Click to expand...

Good debate.

It would appear correct, and getting paid to stay at home is a real rallying call and I will address that, but there are assumption in most of your points and a few faults or potential faults of the Democrats are pointed out.

First of all all your claims are subjective and no references cited.

Consumer confidence has not produced more ski vacations.

Farms are going bankrupt.

I am against the tax cut, because it did what we did not need.

Such taxes must be set at the correct level, two high and you have socialism and too low, you allow sinners to win, and you don't know what I mean by that, and besides that; you go into debt and loose your kingdom one way or another because you can't maintain an army.

I'll continue this discussion in a second post.
 
marke said:
FORMER HEAD ALAN GREENSPAN Warns of Massive "Entitlements Crisis "that No One Is Talking About...
FORMER HEAD ALAN GREENSPAN Warns of Massive "Entitlements Crisis"that No One Is Talking About... Here's How Savvy Americans Are Preparing...[with Comments by PHB] >> Four Winds 10 - Truth Winds

Democrats have gained massive support in politics by promising free stuff to voters who, understandably, respond by voting for those who promise the free stuff. The problem is that politicians are giving away stuff the government cannot afford and which will end in disaster just like the 2008 Wall Street collapse if something is not done soon to stop the foolishness.

Here are some quotes:

"Deficit spending is simply a scheme for the confiscation of wealth."

Greenspan is warning of a pending "Entitlements Time Bomb."

How can one be so sure about the coming crisis? If you look at the numbers, it's a mathematical certainty: Since 2010, Social Security has been paying out more than it has collected in taxes. [Why? because the government has paid Social Security to those, who never paid anything into the program, such as illegal aliens, etc.

Who is encouraging illegals to come here and live off of government welfare? Democrats. More quotes:

"Entitlements are considered the third rail of American politics. You touch them you lose. Republicans don't want to touch it. Democrats don't want to touch it. You will never hear one word from either side."

Since Washington won't deal with the problem, the U.S. is like a high-speed train flying for a solid brick wall. UPON IMPACT, THERE WILL BE FINANCIAL CARNAGE AT EVERY LEVEL -- from big government down to the average retirement account.
Click to expand...

But let's open our borders and keep giving illegal aliens free ****.
 
Cheap labor that pays taxes? Huh? Federal? Probably not. State? Probably not. Tax on their groceries and clothing? Sure.
Illegals export billions to their home countries. They don't spend it here.
 
Acadia said:
Cheap labor that pays taxes? Huh? Federal? Probably not. State? Probably not. Tax on their groceries and clothing? Sure.
Click to expand...

No, they pay the whole freight.
 
Money going to the government because leftists want the government to monopolize everything and privatize nothing.
That usually works out well:roll:
 
Acadia said:
Money going to the government because leftists want the government to monopolize everything and privatize nothing.
That usually works out well:roll:
Click to expand...

Right now, the top 1% is getting way too much. We pay way too much for healthcare, and still don't cover everybody. Healthcare costs are the #1 reason for bankruptcy in this country. If you think things are great, then you haven't seen what the rest of the world does with much less.
 
What illegals pay into taxes doesn't even cover what the government spends in a day.
 
marke said:
Democrats have gained massive support in politics by promising free stuff to voters who, understandably, respond by voting for those who promise the free stuff. The problem is that politicians are giving away stuff the government cannot afford and which will end in disaster just like the 2008 Wall Street collapse if something is not done soon to stop the foolishness.
Click to expand...

That's not true, but because Democrats have championed equitable economics for ALL AmeriCANs that lie has been propagated successfully by the right to counter the obvious truth that they work for the rich and don't give a damn about common AmeriCANs.

marke said:
"Deficit spending is simply a scheme for the confiscation of wealth."
Click to expand...


True but with some analysis you see that real wealth confiscation began with the creation of the FED and Income tax; before them the value of the dollar was relatively steady. It's now worth 3 cents of what it was when the FED/IC Tax began.

marke said:
Greenspan is warning of a pending "Entitlements Time Bomb."
Click to expand...

Favorable tax deals for the wealthy are the time bomb, since Reagan is when real deficits began.

marke said:
How can one be so sure about the coming crisis? If you look at the numbers, it's a mathematical certainty: Since 2010, Social Security has been paying out more than it has collected in taxes. [Why? because the government has paid Social Security to those, who never paid anything into the program, such as illegal aliens, etc.
Click to expand...
marke said:
Fiat Currency requires deficit spending. ALL modern money is created as debt … that needs to be paid back at interest. When the debt money is created the interest is not created … so … more money needs to be created … so more money needs to be created …
When Regan took debt growth exponential he set us on this debt growth spiral that is self serving. If we suddenly stop debt growth there will be a lot of losers financially.

marke said:
Who is encouraging illegals to come here and live off of government welfare? Democrats.
Click to expand...

Not entirely, wealthy business owners depend and benefit most from illegal workers; tRump is a great example.

More quotes:

marke said:
"Entitlements are considered the third rail of American politics. You touch them you lose. Republicans don't want to touch it. Democrats don't want to touch it. You will never hear one word from either side."
Click to expand...


Not true; Mitch and Ryan had/have entitlements in their sights it's only a matter of time. And the would give more freebies and tax cuts to the rich as they did it. Ripping the rug out from common AmeriCANs that have paid into those programs ALL their lives.

marke said:
Since Washington won't deal with the problem, the U.S. is like a high-speed train flying for a solid brick wall. UPON IMPACT, THERE WILL BE FINANCIAL CARNAGE AT EVERY LEVEL -- from big government down to the average retirement account.
Click to expand...

Actually what is happening has happened many times before. The Fed expands the money supply and then contracts it so that the wealthy can scoop up assets at bargain basement prices. And, yes, it will happen again and again and again … until they have it all and the common AmeriCAN is a salve in the land his father fought for.
Click to expand...
 
Acadia said:
Money going to the government because leftists want the government to monopolize everything and privatize nothing.
That usually works out well:roll:
Click to expand...

Absolutely not true; that's just right wing propaganda; post a citation if you have proof.
 
Oh my, another rich person warning us how the poor are about to run amok in america. Yawn. The GOP just passed a massive tax cut that benefits people like greenspan and our debt is exploding from trump and the GOP because of it. The right wouldn't know the truth if it smacked them in the face.
 
Born Free said:
Yeah, look around, strongest economy, jobs, jobs, wages going up, unemployment at an all time low. Consumer confidence is up. etc etc etc

Now compare that to one of your freebies, how does an open border help, spending 90+ Trillion on the New Green Deal going to help and who pays for that. Free Medicare for all shutting down every health insurance company. Raising taxes, how does that help. Free college who pays for that. A guaranteed government job if you want one and if not we'll pay you to stay home.
Click to expand...
Unemployment rates are not at an all time low.
so far trump has had one month lower then Clinton did and if you look back you will see there have been unemployment rates in the 2% levels
have a nice day
 
Born Free said:
Yeah, look around, strongest economy, jobs, jobs, wages going up, unemployment at an all time low. Consumer confidence is up. etc etc etc

Now compare that to one of your freebies, how does an open border help, spending 90+ Trillion on the New Green Deal going to help and who pays for that. Free Medicare for all shutting down every health insurance company. Raising taxes, how does that help. Free college who pays for that. A guaranteed government job if you want one and if not we'll pay you to stay home.
Click to expand...

You can borrow about a quarter of your income in payments.

if we take in four trillion we should be able to to pay ourselves out of debt in some twenties of years.

That Trillion could or another could be spent on the people giving them each about $300 per month.

Then you have two trillion to run a simple government.

I believe in cash on the barrel is the best policy then you have only have cash for future payments and never interest, if you have extra cash you lend, then instead of biggest debtor, we are biggest investor.
 
Exquisitor said:
Good debate.

It would appear correct, and getting paid to stay at home is a real rallying call and I will address that, but there are assumption in most of your points and a few faults or potential faults of the Democrats are pointed out.

First of all all your claims are subjective and no references cited.
Click to expand...

I see nothing that disputes my claims. A good way to do that is to post up your claims that dispute mine.

Consumer confidence has not produced more ski vacation
Click to expand...

Glad yo u brought that up.

How does an open border help, spending 90+ Trillion on the New Green Deal going to help and who pays for that. Free Medicare for all shutting down every health insurance company. Raising taxes, how does that help. Free college who pays for that. A guaranteed government job if you want one and if not we'll pay you to stay home.

Farms are going bankrupt.
Click to expand...

Do you know how capitalism works, business go out and business come in. Take Obama who said "those jobs are not coming back" he was dead wrong, of course he was dead wrong on everything he did. However factory jobs are coming back.

I am against the tax cut, because it did what we did not need.
Click to expand...

According to you.

Such taxes must be set at the correct level, two high and you have socialism and too low, you allow sinners to win, and you don't know what I mean by that, and besides that; you go into debt and loose your kingdom one way or another because you can't maintain an army.
Click to expand...

According to you, post up proof

I'll continue this discussion in a second post.
Click to expand...

Don't bother your just lib service
 
Acadia said:
Payroll taxes, half of which is paid by the employer.
And then they scam tax credits.
Click to expand...

Oh, you have a beef with employers paying half of FICA and Medicare? We get those benefits, not the illegals.

And no, they don't "scam tax credits." They try hard to stay off of the radar.
 
Acadia said:
What illegals pay into taxes doesn't even cover what the government spends in a day.
Click to expand...

I don't even know what this means. You mean what the government spends in a day on illegals? Why don't you run down those expenses, vs. what illegals pay in taxes and add to the economy by buying stuff.
 
In 2008 Greenspan admitted that he didn't understand why "the invisible hand of the free market" didn't save us.



Sorry but Alan Greenspan is not the monetary expert he thought he was.
 
Tbird19482 said:
Unemployment rates are not at an all time low.
Click to expand...

OK no big deal, what was the all time low?

so far trump has had one month lower then Clinton
Click to expand...

Clinton was a peacetime president, and under those conditions economies should do better.

Now maybe you can address this:

Now compare that to one of your freebies, how does an open border help, spending 90+ Trillion on the New Green Deal going to help and who pays for that. Free Medicare for all shutting down every health insurance company. Raising taxes, how does that help. Free college who pays for that. A guaranteed government job if you want one and if not we'll pay you to stay home.
 
Exquisitor said:
You can borrow about a quarter of your income in payments.

if we take in four trillion we should be able to to pay ourselves out of debt in some twenties of years.

That Trillion could or another could be spent on the people giving them each about $300 per month.
Click to expand...

Great freebie, $300 more a month on top of all the freebies their now getting.

Then you have two trillion to run a simple government.

I believe in cash on the barrel is the best policy then you have only have cash for future payments and never interest, if you have extra cash you lend, then instead of biggest debtor, we are biggest investor.
Click to expand...

Does a simple government mean a smaller government?
 
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