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alstry (36.08)

The SYSTEM Is More Important That You...

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May 14, 2011 – Comments (10)

SOCIAL SECURITY DEFICITS PERMANENT

60,000,000 Americans depend on Social Security......60,000,000 and growing rapidly and now we don't earn enough money to pay them.....

America has a $1,600,000,000,000 dollar DEFICIT......

We simply don't EARN enough DOLLARS to support our current SYSTEM.....

AND

If there is no system, we have NOTHING.

As we bail out Wall Street...and let Main Street rot.....pretty soon we will not have a system as most live and function on Main Street.  Don't you think it is about time to stop staring at the ticker and start focusing on the SYSTEM?

A murder a day in Dallas...

New Yorkers under 30 fleeing state in droves because of taxes...

British woman decapitated in grocery store; killer flees with head...

Syrian Troops Open Fire Despite Promises...

Farmers Along Mississippi See Crops Washed Away...

Riverside County Delivers 800 Layoff Notices

Florida United Space Alliance LLC Axes 1,942 on Friday

Yonkers Public Schools NY -Delivers 700+ Layoff Notices

As more and more get fired.....fewer and fewer pay taxes.......and soon you will be FORCED to care about the SYSTEM......and not the ticker.

10 Comments – Post Your Own

#1) On May 14, 2011 at 10:16 AM, buffalonate (94.75) wrote:

When you cry wolf all the time and nothing happens people stop paying attention to you.  People stopped paying attention to you a long time ago. 

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#2) On May 14, 2011 at 10:30 AM, alstry (36.08) wrote:

Who is crying?

Rising Mississippi River may take toll on businesses

Remember....the SYSTEM is MORE IMPORTANT THAN YOU..

60,000,000 depend on Social Security.....

50,000,000 depend on Food Stamps

40,000,000 depend on Government Jobs/Government Grants/Government Contracts

and that's not including the tens of millions that depend on unemployment, welfare, and other government services...plus all of the dependents

AND WE ALL DEPEND ON THE ABOVE FOR THE SYSTEM TO FUNCTION......

but Government doesn't have any money to pay above because government is running a $1.6 TRILLION dollar deficit;)

It is time to CARE ABOUT THE SYSTEM THAT IS NOW BANKRUPT...and stop staring at the ticker.

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#3) On May 14, 2011 at 10:42 AM, buffalonate (94.75) wrote:

Deficits are fixable you know.  Federal tax revenues are up 18% which will go a long way towards ending our deficit.  We are pulling troops out of the middle-east which will save us 100 billion a year.  The 2012 budget will also make huge progress towards reducing the deficit.  You act like nothing is happening that will reduce the deficit.  We cut 80 billion from this years budget and we will cut much more next year.  If congress was totally ignoring the problem then I would agree with you but they are in negotiations to make serious cuts to our budget.  I think you should save your sky is falling routine for a couple years down the road.

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#4) On May 14, 2011 at 11:21 AM, L0RDZ (80.14) wrote:

The system ???  please....  if there is no you ?  than there isn't any point.

if you don't exist than the system is irrelevant to you :)

 Alstry  do you ever have a point ?  only one long 3,000 blogs of garbage worst case scenario  fear mongering.

But at least your not selling out and mentioning cows...

 LOL

 

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#5) On May 14, 2011 at 11:21 AM, alstry (36.08) wrote:

The DEFICIT IS $1.6 TRILLION DOLLARS.....

Please review your numbers in light of this one....

If you cut anywhere close to the amount necessary...the SYSTEM collapses....

The above 200,000,000 don't get currency....and the economy shuts down.

It is time to restructure our system into a Sustainable World....an Udder World

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#6) On May 14, 2011 at 1:51 PM, buffalonate (94.75) wrote:

Most of that deficit is due to the growth of medicare and medicaid.  You can easily make those programs less generous without destroying the system.  They will push more people into generic prescriptions and due cost benefit analysis for rare more expensive treatments.  We are also spending 500 billion more per year than normal supporting our troops in Iraq and Afghanistan.  That will soon be coming to an end soon.  We had a balanced budget during the Clinton administration and the system didn't end.  All it takes to fix the problem is politicians that have enough courage to make tough decisions. 

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#7) On May 14, 2011 at 2:08 PM, catoismymotor (< 20) wrote:

The source of all of our problems is the tractor and cotton gin. Without those inventions the slaves never would have been freed, hundreds of thousands of men would have had jobs, the Civil War would never have happened, the Federalists would have not made the power grab they desired for so long, the QE of 1865 (Resconstruction, to you and me) never would have happened thus the seeds of government aide and entitlement programs would never have been sewn. 

Am I right?

 

 

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#8) On May 14, 2011 at 4:24 PM, alstry (36.08) wrote:

The $500 Billion of spending on the military generates OVER $100 Billion of income and other taxes...

Where do you expect to make up the loss of income taxes?

Every dollar spend reduction of healthcare also cuts into income tax receipts....

You can't cut without an offesetting tax increase..

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#9) On May 14, 2011 at 5:05 PM, tomlongrpv (73.92) wrote:

I saw the article about the British woman being beheaded in the Canary Islands in Spain too.  And of course that does have something to do with the USA's deficit.  I think the perpetrator was driven nuts by reading blogs on this website from far right-wing fear whacko fear mongers.

Anyway, deficit spending is the way to get out of a recession.  Maybe it is not working as well as we would like but it is working.  And right now the cost of servicing our debt is less than it was in 1998. 

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#10) On May 14, 2011 at 5:20 PM, alstry (36.08) wrote:

That is because it is a Ponzi Scheme....and we are printing/counterfeiting money to buy our own debt.

But you are not a lawyer or professional investor, so you wouldn't understand what is currently occuring....

Stanley Druckenmiller: What If the U.S. Treasury Defaults?

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