Friday, April 22, 2011

Raising the SS Retirement Age -- Why?

No matter how the politicians in DC try to spin the Social Security problem, it like most of the other economic problems in this country, originated with them.

SS will run out of funds with the current funding options. Medicare is out of money and the reason is politicians decided to use the money for “other projects” This was an easy move for them because they are not on the same system we are. They found that it wasn’t lucrative enough to satisfy their greedy needs in coverage and lifestyles.

Instead of reducing the amount DC spends on pet projects, foreign aid, military actions, unwarranted environmental concerns and funding departments that do nothing or serve no practical purpose, they decided to raise the retirement age that a lot of us worked most of our lives towards.

A lot of things are going on in DC right now because of the economic depression we have been in and there is no one else to blame for this other than the government for this happening.

We paid in trillions of dollars to fund these bureaucrats and they in return did nothing for us. When the Wall Street crew got greedy, instead of Barney Frank cracking the whip, he held his hand out and got it greased and then turned around and stated, “that all is fine at Fannie and Freddie” all the while knowing that Franklin Raines and his crew were cooking the books.

Not one of these people whose job it was to oversee these agencies were fired, jailed, or fined.

So, with this battling over the debt ceiling, cutting spending, reducing the budget, I would think that one of the top things on this list should be securing SS and Medicare benefits.

Putting them in an account that is off-limits to all politicians, that the funds can only be used for their intended purpose and to make sure the stay that way, all those in congress must use the same system as the general public, including years served against amounts paid in.

Lets make it a law punishable by long jail terms for anyone suggesting or trying to alter the funds to be used for other purposes

Thursday, April 14, 2011

The Obama Budget Plan

Here’s the breakdown on taxing the rich, the Obama Plan.

72 million are what are called “Mega Rich” those that make $10 million a year or more or $720 million

About 315,000 make $1 million to $10 million a year or averaged at $1.5 trillion

Approximately; 4 million make $200,000 to $1 million a year or $400,000,000 a year at the most.

All of this money confiscated together would add up to less than $2 trillion, the deficit is $14 trillion and that all depends on how much we spend each year on our budget and Obama is getting dangerously close to that $4 trillion a year figure, we’ll never catch up

This equates to a family of 4 making $46,000 a year and spending $78,000 a year. How are they going to pay that credit card bill of $32,000?

Does Obama think that he can take all of the money from the rich and give it to the poor?
This was tried a few times in history, it was called communism and it failed everywhere it has been tried.

Why is he hell-bent on taking us there?

What this plan represents is that 5 million Americans pay for the other 330 million.

Does this sound fair?

How many poor people gave you a job?

Tuesday, April 5, 2011

Michigan Film Industry

If the only reason the film industry is willing to come to Michigan is tax payer dollars, then let them find another state to do business in. Michigan needs companies to invest in this state.

One of the best incentives to make that happen is to reduce the taxes charged to businesses and the other is to make sure government stays out of the way so that the business can grow.

Michigan legislators have destroyed the auto industry in this state by continuously adding additional taxes on these businesses and the federal government, not wanting to miss out on that money, did its part by adding mandates, standards and laws intended to “protect” the people from accidents caused by these vehicles. Don’t let them fool you into thinking they cared about the American people; they won’t write a bill unless there is money to be made somewhere.

Government greed has destroyed just about every business in this country. Look at oil, coal, and nuclear. They are literally millions of jobs sitting idle because apparently they cannot find a way to milk these businesses for any more money.

And look at what they did for Social Security. We had billions in reserves back during the Johnson administration when they decided they could count is as part of the budget and use the money for “investing” which we all know is the code word for spending. It is now on the brink of insolvency and we can thank the geniuses in DC that think they know better how to spend our money.

Government has grown too large and they are causing undue financial hardship on the American people not because of inactivity but because of inept, corrupt politicians in search of their slice of the pie, problem is their slice now consumes the slice of those that paid for the pie.