Netanyahu said "we are at war,"

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Redbrickbear
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FLBear5630 said:

Aliceinbubbleland said:

Quote:

Ike put "In God We Trust" on the money to the howls of the progressive left.
Didn't cost us a damned dime so ok.

Quote:

He also came out publicly in favor of school prayer.
It seemed simple in 1952. Not so today with many different religious views in nation.

Quote:

And said that the liberal Warren court was a massive mistake that he made.
Warren was ahead of his time. I remember desegregation battles well but I was already a graduate of 100% segregated schools by that time.

Quote:

Modern Liz Cheney Republicans would be calling Ike a "fascist"
No way. Now the MAGA idol MTG probably so.

Quote:

He was also a big enemy of Marxism (cultural and economic…domestic and international)
So am I

Quote:

Ike was a hero and not the moderate squish you think he was…
I said I LIKE IKE!!!! How in hell would you attribute this to me?
Ike also was on the fence whether he was a Dem or Republican. Ike also favored "a more moderate course, one that he called Modern Republicanism, which preserved individual freedom and the market economy yet insured that government would provide necessary assistance to workers who had lost their jobs or to the ill or aged, who through no fault of their own, could not provide for themselves. He intended to lead the country "down the middle of the road between the unfettered power of concentrated wealth . . . and the unbridled power of statism or partisan interests."

That would not fly with today's GOP. I love it, but I am also called a RINO, NeoCom, etc...



You have not explained at all how Ike (a war hero and social conservative from Kansas) would not be America first today in his political orientation.

Ike was president during a uniquely clam domestic time in American history when the social-cultural differences between the Democratic Party and the GOP were far less than they are now 70 years later.

There is no reason to think Ike would want anything to do with Liz Cheney Republicanism, more immigration, and more foreign war.

Redbrickbear
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whiterock said:

Doc Holliday said:

historian said:

Unfortunately, that is true. Social Security is the largest Ponzi scheme in history. They all have insane obligations that will not all be possible at some point. If you think our national debt is insane, look at our unfunded liabilities (lower right):

https://www.usdebtclock.org/

It is unsustainable and our incompetence Congress just voted to send another $61 billion of your grandkids' money to the Ukraine forever war.
They'll have to print money which will lead to even more inflation,

Inflation is legal counterfeiting and counterfeiting is criminal inflation. Central banking is a coordinated currency counterfeiting cartel that runs the world.

Milton Friedman said money printing is just like alcoholism: you feel good at first and then you eventually have the hangover. The same is true about inflation, every time there's a crisis you have to print an exponential amount of money because there's an exponential amount of liabilities from the last round of printing.

It will eventually hyperinflate into worthlessness if they continue doing this.
Remember, there is a method to the madness = Inflation services debt.\

And one more even less well understood concept. We do not have to maintain a terribly tidy financial house; it just has to be tidier than anyone else's.

We can do whatever the hell we want, and as long as EU, Germany, Japan, UK, France, etc.....are in worse shape.......everyone will flock to the dollar and keep it alive.

You don't have to outrun the lion.
You just have to outrun your buddy.

True or not....I would just love to imagine you explaining that financial philosophy to the Founding Fathers....and then take a bet on how long before they pulled out a pistol and shot you dead

"See Mr. Washington and Mr. Adams....we just print endless money from a secret bank and keep letting endless inflation grow"
Realitybites
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historian said:

No, antisemitism is very easy to define: it's the hatred of Jews. It goes beyond politics. It's irrational, and never justified, like all bigotry.


Semitism is not a religion. Why not call it anti-Judiasm?
whiterock
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Redbrickbear said:

whiterock said:

Doc Holliday said:

historian said:

Unfortunately, that is true. Social Security is the largest Ponzi scheme in history. They all have insane obligations that will not all be possible at some point. If you think our national debt is insane, look at our unfunded liabilities (lower right):

https://www.usdebtclock.org/

It is unsustainable and our incompetence Congress just voted to send another $61 billion of your grandkids' money to the Ukraine forever war.
They'll have to print money which will lead to even more inflation,

Inflation is legal counterfeiting and counterfeiting is criminal inflation. Central banking is a coordinated currency counterfeiting cartel that runs the world.

Milton Friedman said money printing is just like alcoholism: you feel good at first and then you eventually have the hangover. The same is true about inflation, every time there's a crisis you have to print an exponential amount of money because there's an exponential amount of liabilities from the last round of printing.

It will eventually hyperinflate into worthlessness if they continue doing this.
Remember, there is a method to the madness = Inflation services debt.\

And one more even less well understood concept. We do not have to maintain a terribly tidy financial house; it just has to be tidier than anyone else's.

We can do whatever the hell we want, and as long as EU, Germany, Japan, UK, France, etc.....are in worse shape.......everyone will flock to the dollar and keep it alive.

You don't have to outrun the lion.
You just have to outrun your buddy.

True or not....I would just love to imagine you explaining that financial philosophy to the Founding Fathers....and then take a bet on how long before they pulled out a pistol and shot you dead

"See Mr. Washington and Mr. Adams....we just print endless money from a secret bank and keep letting endless inflation grow"
They found themselves in very undesirable positions during the War and thereafter, situations far more bleak than ours. They would not be nearly so irritable as you suggest.

That is not to say I'm happy. Just trying to point out that we are not going to collapse into a smoldering heap, as critics of spending always presume.
Doc Holliday
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whiterock said:

Doc Holliday said:

historian said:

Unfortunately, that is true. Social Security is the largest Ponzi scheme in history. They all have insane obligations that will not all be possible at some point. If you think our national debt is insane, look at our unfunded liabilities (lower right):

https://www.usdebtclock.org/

It is unsustainable and our incompetence Congress just voted to send another $61 billion of your grandkids' money to the Ukraine forever war.
They'll have to print money which will lead to even more inflation,

Inflation is legal counterfeiting and counterfeiting is criminal inflation. Central banking is a coordinated currency counterfeiting cartel that runs the world.

Milton Friedman said money printing is just like alcoholism: you feel good at first and then you eventually have the hangover. The same is true about inflation, every time there's a crisis you have to print an exponential amount of money because there's an exponential amount of liabilities from the last round of printing.

It will eventually hyperinflate into worthlessness if they continue doing this.
Remember, there is a method to the madness = Inflation services debt.\

And one more even less well understood concept. We do not have to maintain a terribly tidy financial house; it just has to be tidier than anyone else's.

We can do whatever the hell we want, and as long as EU, Germany, Japan, UK, France, etc.....are in worse shape.......everyone will flock to the dollar and keep it alive.

You don't have to outrun the lion.
You just have to outrun your buddy.
I'm not saying all debt is bad or unnecessary…but the current expenditures are insane.

The US govt raises $5 trillion per year in revenue. Social Security, Medicare, Medicaid and interest on the debt cost $5 trillion per year. Everything else requires debt to pay for. Defense, State Dept, Agriculture, Education, NASA ... everything.

The level of inflation we've been dealing with is far outpacing wages. The idiotic Keynesian economists claim otherwise, but buying power is in major decline and that stems directly from printing money which causes inflation. We can't continue to go down the current path.

If debt really doesn't matter then you could print unlimited amounts of money. We know that doesn't work and countries like Venezuela have tried and it resulted in chaos.




They're gonna raise SS to age 70 which is 35 years before I turn 70. Im barely gonna get anything out of it after paying for a lifetime. It sucks ass man.

historian
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KaiBear said:

ShooterTX said:

historian said:


Exactly.

Obama was the one who started using the DOJ to attack his political enemies/threats. Trump tried to stop it, and we have all seen how that has played out... the DOJ is doing everything they can to stack more and more false accusations on him and his supporters.
Now Biden has taken the weaponized DOJ to a whole new level. It is comparable with the KGB or Chinese party enforcers.





All true.

And ithe FBI and DOJ have successfully cowed the American people into acquiescence.


They are rightfully compared to the Gestapo.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
historian
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Realitybites said:

historian said:

No, antisemitism is very easy to define: it's the hatred of Jews. It goes beyond politics. It's irrational, and never justified, like all bigotry.


Semitism is not a religion. Why not call it anti-Judiasm?


"antisemitism" has worked for a long time, there is no need for a new label

Antisemitism itself is not a religion. It is a form of bigotry. There is no point in trying to analyze it much. Bigotry is inherently irrational & practitioners routinely have to invent absurd lies to justify their idiotic beliefs. I suppose in a way it can resemble a cult since practitioners can become fanatical about it. Nazi Germany is an obvious example. There are many others throughout history.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
historian
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Do not forget the interest in the debt. If it's not the largest annual expenditure it soon will be.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
historian
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https://notthebee.com/takes/why-the-pro-hamas-encampents-dont-surprise-me-as-an-ivy-leauge-grad
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
The_barBEARian
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historian said:

Realitybites said:

historian said:

No, antisemitism is very easy to define: it's the hatred of Jews. It goes beyond politics. It's irrational, and never justified, like all bigotry.


Semitism is not a religion. Why not call it anti-Judiasm?


"antisemitism" has worked for a long time, there is no need for a new label

Antisemitism itself is not a religion. It is a form of bigotry. There is no point in trying to analyze it much. Bigotry is inherently irrational & practitioners routinely have to invent absurd lies to justify their idiotic beliefs. I suppose in a way it can resemble a cult since practitioners can become fanatical about it. Nazi Germany is an obvious example. There are many others throughout history.


Hitler/Nazi Germany was very clear about the cause of their antisemitism:

Jews had conspired in the defeat of the central powers during WW1 and had manipulated the subsequent peace agreement to enrich themselves

The persecution of German minorities in Poland and Ukraine/Soviet Union (and the corresponding believe that Jews were the propagators of Bolshevism)

The booming porn industry in Berlin, which was predominantly controlled by Jews, was poisoning the culture

And probably most importantly Jews within the banking system committing usary and charging extreme interest rates on a German population attempting to rebuild following WW1

You can do your own research into the motivations behind the holocaust. There are always preceived grievances and it's important to understand those perceived grievances whether you agree with them or not.
Realitybites
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Thus saith the Lord unto the Jews, O My people, what have I done unto thee, or how have I vexed thee? To thy blind have I given sight; thy lepers have I cleansed; the man upon a bed did I restore. O My people, what have I done unto thee, and how hast thou recompensed Me? In the stead of manna, gall; in the stead of water, vinegar; in the stead of loving Me, ye nailed Me to the Cross. No longer will I endure. I will call to Me the nations, and they shall glorify Me, with the Father and the Spirit, and I will give them life everlasting.

Holy and Great Friday, Matins, Antiphon 12
The_barBEARian
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Ron Paul is an American hero. He deserves a statue and the Medal of Freedom.

Jack Bauer
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The_barBEARian said:

Ron Paul is an American hero. He deserves a statue and the Medal of Freedom.



And now we have American congressman waiving Ukranian flags on the floor of Congress...
historian
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The_barBEARian said:

historian said:

Realitybites said:

historian said:

No, antisemitism is very easy to define: it's the hatred of Jews. It goes beyond politics. It's irrational, and never justified, like all bigotry.


Semitism is not a religion. Why not call it anti-Judiasm?


"antisemitism" has worked for a long time, there is no need for a new label

Antisemitism itself is not a religion. It is a form of bigotry. There is no point in trying to analyze it much. Bigotry is inherently irrational & practitioners routinely have to invent absurd lies to justify their idiotic beliefs. I suppose in a way it can resemble a cult since practitioners can become fanatical about it. Nazi Germany is an obvious example. There are many others throughout history.


Hitler/Nazi Germany was very clear about the cause of their antisemitism:

Jews had conspired in the defeat of the central powers during WW1 and had manipulated the subsequent peace agreement to enrich themselves

The persecution of German minorities in Poland and Ukraine/Soviet Union (and the corresponding believe that Jews were the propagators of Bolshevism)

The booming porn industry in Berlin, which was predominantly controlled by Jews, was poisoning the culture

And probably most importantly Jews within the banking system committing usary and charging extreme interest rates on a German population attempting to rebuild following WW1

You can do your own research into the motivations behind the holocaust. There are always preceived grievances and it's important to understand those perceived grievances whether you agree with them or not.

I have done quite a bit of research over the years.

Nazi accusations against Jews were lies or gross exaggerations. Nothing new here: that's part of antisemitism throughout history. For example, in the 14th century Jews were accused of poisoning wells to cause the Black Death. Even if Jews were involved in the porn industry, banking, etc so were many Germans. For centuries, the Catholic Church held that normal banking activity was usury prohibited in the Bible so Christian's were not in the profession. Jews didn't have that problem so some became experts. Whether scripture actually does condemn it is not the issue. Blaming Jews for that is nuts when the real issue was in Catholicism. The bigger issue is blaming an entire group of people for what a handful might have done (assuming there was any truth to those charges). It would be like blaming all Italians for the mafia or all Mexicans for the drug cartels. It's idiotic and evil.

All of this merely reinforces my point: bigotry is irrational & cannot be justified on any terms. It certainly violates Christ's commandment to "Love your neighbor as yourself." (Matthew 22:39b)
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
muddybrazos
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42 Jesus said unto them, If God were your Father, ye would love me: for I proceeded forth and came from God; neither came I of myself, but he sent me.
43 Why do ye not understand my speech? even because ye cannot hear my word.
44 Ye are of your father the devil, and the lusts of your father ye will do. He was a murderer from the beginning, and abode not in the truth, because there is no truth in him. When he speaketh a lie, he speaketh of his own: for he is a liar, and the father of it.

whiterock
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Doc Holliday said:

whiterock said:

Doc Holliday said:

historian said:

Unfortunately, that is true. Social Security is the largest Ponzi scheme in history. They all have insane obligations that will not all be possible at some point. If you think our national debt is insane, look at our unfunded liabilities (lower right):

https://www.usdebtclock.org/

It is unsustainable and our incompetence Congress just voted to send another $61 billion of your grandkids' money to the Ukraine forever war.
They'll have to print money which will lead to even more inflation,

Inflation is legal counterfeiting and counterfeiting is criminal inflation. Central banking is a coordinated currency counterfeiting cartel that runs the world.

Milton Friedman said money printing is just like alcoholism: you feel good at first and then you eventually have the hangover. The same is true about inflation, every time there's a crisis you have to print an exponential amount of money because there's an exponential amount of liabilities from the last round of printing.

It will eventually hyperinflate into worthlessness if they continue doing this.
Remember, there is a method to the madness = Inflation services debt.\

And one more even less well understood concept. We do not have to maintain a terribly tidy financial house; it just has to be tidier than anyone else's.

We can do whatever the hell we want, and as long as EU, Germany, Japan, UK, France, etc.....are in worse shape.......everyone will flock to the dollar and keep it alive.

You don't have to outrun the lion.
You just have to outrun your buddy.
I'm not saying all debt is bad or unnecessary…but the current expenditures are insane.

The US govt raises $5 trillion per year in revenue. Social Security, Medicare, Medicaid and interest on the debt cost $5 trillion per year. Everything else requires debt to pay for. Defense, State Dept, Agriculture, Education, NASA ... everything.

The level of inflation we've been dealing with is far outpacing wages. The idiotic Keynesian economists claim otherwise, but buying power is in major decline and that stems directly from printing money which causes inflation. We can't continue to go down the current path.

If debt really doesn't matter then you could print unlimited amounts of money. We know that doesn't work and countries like Venezuela have tried and it resulted in chaos.




They're gonna raise SS to age 70 which is 35 years before I turn 70. Im barely gonna get anything out of it after paying for a lifetime. It sucks ass man.


We should raise SS to 72 as full retirement.

Extending out the retirement age will slow the decline of the workforce by retaining our most highly skilled workers. That will also retain our most highly compensated workers (an incremental add to the wage tax base). More to the point, though, SS was not intended to be a two-decade long defined benefit plan. we waited way too long to start nudging it up. And nudging it up is indeed the way they will fix it. The worse the demographic tree looks, the more they'll have to nudge it up. You need X number of workers to pay for Y number of retirees......

I have no plan to retire to read books & watch bobbers in the creek. The stuff I like to do costs money.....
nein51
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We should offer a buyout. I would HAPPILY take $.50 on the dollar of what I have paid in. Invest it in the market and have many times the amount SS would pay out. It's forced savings for people who are terrible with the money.
FLBear5630
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whiterock said:

Doc Holliday said:

whiterock said:

Doc Holliday said:

historian said:

Unfortunately, that is true. Social Security is the largest Ponzi scheme in history. They all have insane obligations that will not all be possible at some point. If you think our national debt is insane, look at our unfunded liabilities (lower right):

https://www.usdebtclock.org/

It is unsustainable and our incompetence Congress just voted to send another $61 billion of your grandkids' money to the Ukraine forever war.
They'll have to print money which will lead to even more inflation,

Inflation is legal counterfeiting and counterfeiting is criminal inflation. Central banking is a coordinated currency counterfeiting cartel that runs the world.

Milton Friedman said money printing is just like alcoholism: you feel good at first and then you eventually have the hangover. The same is true about inflation, every time there's a crisis you have to print an exponential amount of money because there's an exponential amount of liabilities from the last round of printing.

It will eventually hyperinflate into worthlessness if they continue doing this.
Remember, there is a method to the madness = Inflation services debt.\

And one more even less well understood concept. We do not have to maintain a terribly tidy financial house; it just has to be tidier than anyone else's.

We can do whatever the hell we want, and as long as EU, Germany, Japan, UK, France, etc.....are in worse shape.......everyone will flock to the dollar and keep it alive.

You don't have to outrun the lion.
You just have to outrun your buddy.
I'm not saying all debt is bad or unnecessary…but the current expenditures are insane.

The US govt raises $5 trillion per year in revenue. Social Security, Medicare, Medicaid and interest on the debt cost $5 trillion per year. Everything else requires debt to pay for. Defense, State Dept, Agriculture, Education, NASA ... everything.

The level of inflation we've been dealing with is far outpacing wages. The idiotic Keynesian economists claim otherwise, but buying power is in major decline and that stems directly from printing money which causes inflation. We can't continue to go down the current path.

If debt really doesn't matter then you could print unlimited amounts of money. We know that doesn't work and countries like Venezuela have tried and it resulted in chaos.




They're gonna raise SS to age 70 which is 35 years before I turn 70. Im barely gonna get anything out of it after paying for a lifetime. It sucks ass man.


We should raise SS to 72 as full retirement.

Extending out the retirement age will slow the decline of the workforce by retaining our most highly skilled workers. That will also retain our most highly compensated workers (an incremental add to the wage tax base). More to the point, though, SS was not intended to be a two-decade long defined benefit plan. we waited way too long to start nudging it up. And nudging it up is indeed the way they will fix it. The worse the demographic tree looks, the more they'll have to nudge it up. You need X number of workers to pay for Y number of retirees......

I have no plan to retire to read books & watch bobbers in the creek. The stuff I like to do costs money.....
I agree. But, I have no plans on retiring, ever. God willing, there will always be something I can do for work.

As for SS, I don't believe it was meant to compete with an IRA or 401k. It was supposed to be a safety net and everyone needs to take part to make it work. So, I am not that concerned, as long as it is there after paying in 50 years.
historian
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Social Security is the greatest Ponzi scheme in history. If you don't know what that is, look it up. Wikipedia might even get it right!
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Osodecentx
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Redbrickbear said:

Aliceinbubbleland said:

Ike, Nixon, Goldwater, Reagan, both Bush's, Haley, Christie, Dimon and Musk


Ike put "In God We Trust" on the money to the howls of the progressive left. Congress did that, Ike did not veto

He also came out publicly in favor of school prayer. I like Ike

And said that the liberal Warren court was a massive mistake that he made. Which ruling would you change?

He was also a big enemy of Marxism (cultural and economic…domestic and international)

Ike was a hero and not the moderate squish you think he was… He was opposed by isolationists in Congress (see Bricker Amendment).He supported NATO.

I like Ike
FLBear5630
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Osodecentx said:

Redbrickbear said:

Aliceinbubbleland said:

Ike, Nixon, Goldwater, Reagan, both Bush's, Haley, Christie, Dimon and Musk


Ike put "In God We Trust" on the money to the howls of the progressive left. Congress did that, Ike did not veto

He also came out publicly in favor of school prayer. I like Ike

And said that the liberal Warren court was a massive mistake that he made. Which ruling would you change?

He was also a big enemy of Marxism (cultural and economic…domestic and international)

Ike was a hero and not the moderate squish you think he was… He was opposed by isolationists in Congress (see Bricker Amendment).He supported NATO.

I like Ike
I like Ike too. He represented both sides fiscal conservatism and helping American citizens.
KaiBear
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historian said:

Social Security is the greatest Ponzi scheme in history. If you don't know what that is, look it up. Wikipedia might even get it right!


Never thought of SS as a Ponzi Scheme but your description certainly fits.
Realitybites
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Ike was the president of a completely different nation than the one we currently live in.
historian
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So was Reagan and, arguably m, George W Bush. Much of the insanity common today was unimaginable 20 years ago.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Aliceinbubbleland
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Similar issues haunted Democrats in the 1960's with the Vietnam War protest riots. It cost them the WH and Richard Nixon went on to victory promising and end to the war. The end was simply to withdraw.
sombear
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muddybrazos said:

42 Jesus said unto them, If God were your Father, ye would love me: for I proceeded forth and came from God; neither came I of myself, but he sent me.
43 Why do ye not understand my speech? even because ye cannot hear my word.
44 Ye are of your father the devil, and the lusts of your father ye will do. He was a murderer from the beginning, and abode not in the truth, because there is no truth in him. When he speaketh a lie, he speaketh of his own: for he is a liar, and the father of it.




What is your point in posting this, and what do you think it means to us today as Christians?
Doc Holliday
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historian said:

Do not forget the interest in the debt. If it's not the largest annual expenditure it soon will be.
The interest is my whole argument. It's precisely what's going to make SS 70 cents on the dollar by 2032. By the time I retire it will be 20 cents on the dollar.
Doc Holliday
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whiterock said:

Doc Holliday said:

whiterock said:

Doc Holliday said:

historian said:

Unfortunately, that is true. Social Security is the largest Ponzi scheme in history. They all have insane obligations that will not all be possible at some point. If you think our national debt is insane, look at our unfunded liabilities (lower right):

https://www.usdebtclock.org/

It is unsustainable and our incompetence Congress just voted to send another $61 billion of your grandkids' money to the Ukraine forever war.
They'll have to print money which will lead to even more inflation,

Inflation is legal counterfeiting and counterfeiting is criminal inflation. Central banking is a coordinated currency counterfeiting cartel that runs the world.

Milton Friedman said money printing is just like alcoholism: you feel good at first and then you eventually have the hangover. The same is true about inflation, every time there's a crisis you have to print an exponential amount of money because there's an exponential amount of liabilities from the last round of printing.

It will eventually hyperinflate into worthlessness if they continue doing this.
Remember, there is a method to the madness = Inflation services debt.\

And one more even less well understood concept. We do not have to maintain a terribly tidy financial house; it just has to be tidier than anyone else's.

We can do whatever the hell we want, and as long as EU, Germany, Japan, UK, France, etc.....are in worse shape.......everyone will flock to the dollar and keep it alive.

You don't have to outrun the lion.
You just have to outrun your buddy.
I'm not saying all debt is bad or unnecessary…but the current expenditures are insane.

The US govt raises $5 trillion per year in revenue. Social Security, Medicare, Medicaid and interest on the debt cost $5 trillion per year. Everything else requires debt to pay for. Defense, State Dept, Agriculture, Education, NASA ... everything.

The level of inflation we've been dealing with is far outpacing wages. The idiotic Keynesian economists claim otherwise, but buying power is in major decline and that stems directly from printing money which causes inflation. We can't continue to go down the current path.

If debt really doesn't matter then you could print unlimited amounts of money. We know that doesn't work and countries like Venezuela have tried and it resulted in chaos.




They're gonna raise SS to age 70 which is 35 years before I turn 70. Im barely gonna get anything out of it after paying for a lifetime. It sucks ass man.


We should raise SS to 72 as full retirement.

Extending out the retirement age will slow the decline of the workforce by retaining our most highly skilled workers. That will also retain our most highly compensated workers (an incremental add to the wage tax base). More to the point, though, SS was not intended to be a two-decade long defined benefit plan. we waited way too long to start nudging it up. And nudging it up is indeed the way they will fix it. The worse the demographic tree looks, the more they'll have to nudge it up. You need X number of workers to pay for Y number of retirees......

I have no plan to retire to read books & watch bobbers in the creek. The stuff I like to do costs money.....
Us average life expectancy for a male is 73. Lifespan is also rapidly declining because of our diets and lack of exercise.

If they keep raising it then everyone who could qualify for it will be dead. So what the hell is the point of SS if the vast majority of people don't ever get it?
FLBear5630
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Doc Holliday said:

whiterock said:

Doc Holliday said:

whiterock said:

Doc Holliday said:

historian said:

Unfortunately, that is true. Social Security is the largest Ponzi scheme in history. They all have insane obligations that will not all be possible at some point. If you think our national debt is insane, look at our unfunded liabilities (lower right):

https://www.usdebtclock.org/

It is unsustainable and our incompetence Congress just voted to send another $61 billion of your grandkids' money to the Ukraine forever war.
They'll have to print money which will lead to even more inflation,

Inflation is legal counterfeiting and counterfeiting is criminal inflation. Central banking is a coordinated currency counterfeiting cartel that runs the world.

Milton Friedman said money printing is just like alcoholism: you feel good at first and then you eventually have the hangover. The same is true about inflation, every time there's a crisis you have to print an exponential amount of money because there's an exponential amount of liabilities from the last round of printing.

It will eventually hyperinflate into worthlessness if they continue doing this.
Remember, there is a method to the madness = Inflation services debt.\

And one more even less well understood concept. We do not have to maintain a terribly tidy financial house; it just has to be tidier than anyone else's.

We can do whatever the hell we want, and as long as EU, Germany, Japan, UK, France, etc.....are in worse shape.......everyone will flock to the dollar and keep it alive.

You don't have to outrun the lion.
You just have to outrun your buddy.
I'm not saying all debt is bad or unnecessary…but the current expenditures are insane.

The US govt raises $5 trillion per year in revenue. Social Security, Medicare, Medicaid and interest on the debt cost $5 trillion per year. Everything else requires debt to pay for. Defense, State Dept, Agriculture, Education, NASA ... everything.

The level of inflation we've been dealing with is far outpacing wages. The idiotic Keynesian economists claim otherwise, but buying power is in major decline and that stems directly from printing money which causes inflation. We can't continue to go down the current path.

If debt really doesn't matter then you could print unlimited amounts of money. We know that doesn't work and countries like Venezuela have tried and it resulted in chaos.




They're gonna raise SS to age 70 which is 35 years before I turn 70. Im barely gonna get anything out of it after paying for a lifetime. It sucks ass man.


We should raise SS to 72 as full retirement.

Extending out the retirement age will slow the decline of the workforce by retaining our most highly skilled workers. That will also retain our most highly compensated workers (an incremental add to the wage tax base). More to the point, though, SS was not intended to be a two-decade long defined benefit plan. we waited way too long to start nudging it up. And nudging it up is indeed the way they will fix it. The worse the demographic tree looks, the more they'll have to nudge it up. You need X number of workers to pay for Y number of retirees......

I have no plan to retire to read books & watch bobbers in the creek. The stuff I like to do costs money.....
Us average life expectancy for a male is 73. Lifespan is also rapidly declining because of our diets and lack of exercise.

If they keep raising it then everyone who could qualify for it will be dead. So what the hell is the point of SS if the vast majority of people don't ever get it?


They are not going to keep raising it that haven't in several generations. You can take SS at 62.

There is a school of thought that could say because you and your generation can't take care of yourselves you cancel my SS? Pay in like the rest of us have our whole lives. The only way the system works is the current working age pays for the current too old. That is how cash flow works.

But, the younger generation seems selfish enough not to give a ***** As well as some enlightened special older people, that should chime in quickly....
boognish_bear
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The_barBEARian
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boognish_bear said:




I hope Trump does the same thing with the New York Times.
boognish_bear
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ShooterTX
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Aliceinbubbleland said:

Similar issues haunted Democrats in the 1960's with the Vietnam War protest riots. It cost them the WH and Richard Nixon went on to victory promising and end to the war. The end was simply to withdraw.


Nixon didn't withdraw.
He bombed the **** out of the VC leadership, and forced them to sign a peace treaty under his terms.

The loss of Saigon occurred after Nixon left office. The stupid dems undid everything Nixon had done, regardless of the consequences. One of the undoings was to recant from the treaty, including our promise to protect the south from any future invasion.
The dems allowed the commies to invade and take over the south.
ShooterTX
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