Saturday, March 23, 2013
Cyprus and taxing your savings
The
question everyone wants to know is can this happen here. Some talking heads and elected officials say
no. So lets look at our history. When Social Security was created, all the
monies collected was going into a so called locked box. Today between the employees and employer
contributions approximately 13% to 15% are paid into this fund every
paycheck. However, in 1964 with
President LBJ's Great Society, we saw government take the Social Security fund
and put into the general fund for our illustrious politicians to spend. But remember, government did not put a penny
into this fund but felt they could just take it and spend on projects they
wanted. And now they call this an
entitlement when it was our money set aside for our retirement. The government has spent so much of this
money and just put an IOU in the box that they could never pay it back and have
brainwashed us into believing this is an entitlement. So, if you think government will not reach into your savings,
401K or other private retirement plans, remember what they did to the Social
Security Fund. Trust in God, not
government.
Tuesday, March 19, 2013
The Budget, Debt and Deficit
Under
President Obama, we have seen our debt rise nearly $7 Trillion in 4 years with
no end in site especially since the democratic controlled Senate does not
propose reducing our debt, but will see it rise to over $23 Trillion by the end
of his 2nd term.
The
Paul Ryan budget promises to reduce the deficit and by the year 2023 will
eliminate our budget deficit and suppose to greatly reduce our debt.
This
is all BS by both parties. They always
propose a 10 year plan and the people don't seem to get it. Every 2 years we elect a new House and 1/3rd
of Senators and every 4 years a new president.
So, if you really think a 10 year plan will survive these 10 years and
the party in power in these assemblies and the WH may change, you can rest
assured so will these 10 year budget projections. And if you still believe these proposals will balance our budget,
I know a bridge in Brooklyn that is for sale.
The
real way to balance the budget is to live within our means, that is the income
the government generates, and reduce spending.
We must cut most of the cabinet positions. The constitution says government is responsible for our defense
and that should only include our military and State Dept. Most if not all of these other positions
can be handled by the state and avoid the Federal government from dictating to
the states and instead the states would dictate to the Federal government which
is what the Founders originally wanted.
After all, what state and residents of those states want dirty air and
water and wish to pollute their forest and land. Additionally, the Federal government should not be a land baron
and return all the property they own and/or confiscated back to the states. The
only exception would be those national parks and not designate all land they
own as national parks. Central
authority was the reason we had a Revolutionary War. These so called academics in Washington believe they are better
educated and are more intelligent than the citizens of this country. Of course, all their knowledge is from the
classroom and have little if any actual practical work experience. All this is obvious from their economic,
employment decisions and business enterprises they claim is the way to go. They have dazzled the public with their
fancy words and rhetoric and the voting public believes this rhetoric without
thinking what these idiots are actually saying. As I have said previously, 50% of the voters are dumb, 25% are
clueless and the remaining 25% have some semblance of what is happening but are
in the minority.
Sen.
Ron Paul has proposed a budget that will reduce our debt and deficit over 5
years that is more logical and have a better chance of actually working to the
5 year end. Of course, the
establishment cannot accept such a concept where the end result will work.
We
must repeal the 17th Amendment and go back to what our Founding Fathers
proposed in the Constitution, that the state legislatures appoint our
Senators. This will bring control of
the Federal government back to the states as was intended in the 10th
Amendment. This repeal would remove
these Senators from following the directions of their political party and other
powerful interest thru tons of money to buy legislation or as is a commonly
know when elected officials are concerned, influence peddling. Think about it. If the state controlled their Senators, how our legislation and
budget problems would be resolved. We
must live within our means and we see many states living within that framework
or are moving in that direction. This
same movement would be in the Federal government if we can appeal the 17th
Amendment. All we need is 33 states
propose a constitutional convention to only repeal the 17th Amendment and then
38 states to approve the Amendment. I
know some people consider this dangerous territory, but if it is well
understood that this is only for repeal of the 17th Amendment and nothing else,
it can be successful, especially when the Amendment to repeal is written before
the convention convenes. And, the state
legislators in each state must approve such Amendment which will not be done
overnight. The 17th Amendment must be
repealed and there is no other way according to the Constitution.
Thursday, March 14, 2013
Not my Fault, but everyone else
Isn't it interesting how President Obama does not accept
responsibility for the failures in his administration. The first 4 years it was all President
Bush's fault and it seems the next 4 years it will be those nasty
Republicans. Anybody or thing but him. As he previously stated it was the Tsunami,
mall Kiosks, weather etc, everything but his administration. And now we have the Sequester where he
blames the Republicans for the Sequester when all signs point to him and his
fellow democrats as the culprits. But,
just like a little child who brings the only ball to a game and is not selected
and states since I am not playing, I am taking my ball and going home. This
child like behavior is evident in closing the WH to visitors and blaming the
Secret Service. As we have learned from
leaked Emails, his agency heads are directing their subordinates to make sure
they can inflict as much pain as possible on the public when making cuts so his
administration can blame the Republicans.
When will the lamestream media wake up and realize they are pawns in his
agenda to transform this country into a socialist/Marxist society where all
power and decision making is in the hands of a few academics or like they call
themselves, the intelligentsia. After
all, he has surrounded himself with many Harvard/ Yale as well as other Ivy
league graduates where they believe they are better educated and know better
and can succeed where others pushing the socialist/Marxist agenda did not
succeed since they did not have the education they received. Of course, these same individuals have never
held a real job in their lives, but have been feeding from the public trough
since graduating.
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