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My message to Gen X'ers and millenials
The political climate today is absolutely frightening. I go online and all I see is dumbed down young people calling for a socialist revolution, or ivory tower feminists telling me that I need to check my white male privilege like I really owe them something, or George Soros backed social justice warriors telling me that black lives matter but that random cop killings are perfectly justified.
Well, I've got news for you! You're all being used. The Democrat politicians, George Soros and the crony capitalists all want you to stay poor, dumbed down, fighting with each-other over nonsense and ready to riot. Pressure from above and pressure from below. That's how the controllers operate. As Rahm Emanuel once said, "Never let a good crisis go to waste". For more information, I suggest you go to Youtube and watch some videos on "The Cloward and Piven Strategy".
I'm a baby boomer and I'm actually disgusted by the fact that the people of my generation decided to bankrupt the country, destroy our economy and corrupt our morals. I never supported any of these disastrous policies, or the politicians who were making these decisions.
However, it was the responsibility of Gen X and the millennials to get educated, get organized and then stand up and demand real reform. Instead, you morons were too busy ** around on social media and ** sites while the baby boomers were burning down the country.
You morons grew up with the internet so you had free access to truthful political information that I had to acquire from books that I spent thousands of dollars collecting. The fact that today's young people support ** socialists, communists and globalists like Barack Obama, Hillary Clinton and Bernie Sanders tells me that, collectively, you Gen X'ers and millennials are brain dead. If you people really think that our decaying and bankrupt socialist system can ever be fixed with even more layers socialism than you have absolutely no future.
In less than two months from now we'll be having the most important presidential election of our lifetimes. Donald Trump my well be the last presidential candidate you'll ever see who will actually stand up for poor and working class people. My advice? Get informed and vote wisely. This may be your last chance..........
I agree that the bankruptcy laws in this country do a good job of reigning in predatory lending and reducing debt slavery. But they are also misused by large corporations and rich entities to escape responsibility for their blunders. When a CEO can file bankruptcy for a company and walk away with a 45 million dollar severance package as the shareholders walk away with nothing, that is not a correct use of the bankruptcy laws.
Let's be clear here, cutting Medicaid and Medicare are not actually necessary to balancing the budget, in the short term. You are right that these programs, and the entirety of the government's involvement in healthcare, has the potential to grow over time to a place where we will be struggling to fund it. But it isn't there yet. I don't want the government to be in the business of healthcare either, but it is absolutely necessary for the government to regulate healthcare, and I will tell you why. In any other business, you could walk in, and ask how much something is going to cost, then if it was too much, decide that you don't want to buy it. But with health care, you come in under duress, and they have no idea how to price the procedures until they start working on you, and then send you out the door, billing you whatever they like because you've already agreed to let them do the work when you walked (or were carted) in. So it is an absolute necessity that the government keeps the health care system from taking advantage of people's emergencies and their fear of death to extort them for insane amounts of money.
You really need to do more research on this subject. I could write a whole dissertation on why your conclusions are wrong here. According to the congressional budget office Medicare is on the verge of insolvency right now and the disability program isn't far behind. Also, the social security program is projected to go in the red some time in the mid 2030's (a very optimistic projection in my opinion). So, if something isn't done soon than both of these programs combined will bankrupt our country long before 2035. My solution? Washington needs to completely defund Medicare now so than we can save social security and maybe even balance the budget. Our federal government just isn't capable of controlling skyrocketing health care costs. Look! Obamacare just added more fuel to the fire and now health care costs are rising faster than ever. So much for government solutions. That's why the whole health care system needs to be returned to the free market, where we'll have true market driven price discovery and cost containment
Social security would be fine if they hadn't invested all of their money into the treasury, which then "loaned" it to other branches of the government to fill budget gaps and in some cases, LOWER TAXES. Other branches of government robbed that program blind. It still has more than two and a half trillion dollars in the trust fund it was building to prepare for baby boomers, along with all of the money it will take in from now until the year 2035. Worst case scenario, the baby boomers have to take 70% of their promised benefits. But hey, Trump made contractors on his hotel take 70% payment for the work they did, so there's nothing wrong with that. Obamacare is a joke. The website and marketplace are unnecessary, and all the stipulations created by health insurance companies do nothing but line the pockets of the few remaining companies large enough to deal with the bureaucracy. And yes, medicare and medicaid are expensive and inefficient programs. I'm not defending them. I'm simply saying that the health care industry requires regulation, or at least some kind of intervention, because they are currently inventing a new definition for price gouging, and have been since before Obamacare.
The social security trust fund is completely empty. It was raided during the Clinton Administration.
Here's what George Bush had to say on the subject in 2005;
"Some in our country think that Social Security is a trust fund – in other words, there's a pile of money being accumulated. That's just simply not true. The money – payroll taxes going into the Social Security are spent. They're spent on benefits and they're spent on government programs. There is no trust."
Given the circumstances, government workers need to take a big hair cut on their bloated pensions, the military needs to be cut back and Medicare needs to be phased out before we even think about cutting one dime from social security benefits. Even with those cuts, we're probably still so buried under a ** pile of debt and corruption that the whole system is going down no matter what we do,
I totally agree with you here. This lack of accountability is one reason why Thomas Jefferson fought to make corporations illegal in this country. In personal bankruptcy, if the filer transfers any assets within 2 years prior to filing for bankruptcy, then those transferred assets are considered to be part of the estate and recoverable by the bankruptcy court. The fact that this same logic doesn't apply to corporate bankruptcy filings is a major form of corruption. Those golden parachutes should be taken from the CEO's and upper management and then included in the bankruptcy settlement. Corporate bankruptcy reforms such as this would stop the practice of CEO.s deliberately driving the corporations they run into bankruptcy and then walking away with millions and leaving the workers on the unemployment line. This is fraud and it should be punishable with jail time. On the other hand, if a company is insolvent than than bankruptcy is the beat option for all concerned because it allows for the orderly liquidation of the company assets and assures that creditors recover at least some of their investment.
Agreed.