American People’s Verdict On Democratic Socialist Debate: Lying Lunatic Left — Hillary Clinton — Bernie Sanders — Martin O’Malley — Lincoln Chaffee — Guilty As Charged — Indict or Nominate or Pardon Hillary Clinton — Biden Biding Time Until Benghazi Testimony of Clinton — Worse Economic Recovery Since Great Depression and 7 Years of Economic Stagnation Under Obama — No Change — No Hope — Videos

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Story 1: American People’s Verdict On Democratic Socialist Debate: Lying Lunatic Left — Hillary Clinton — Bernie Sanders — Martin O’Malley — Lincoln Chaffee — Guilty As Charged — Indict or Nominate or Pardon Hillary Clinton —  Biden Biding Time Until Benghazi Testimony of Clinton — Worse Economic Recovery Since Great Depression and 7 Years of Economic Stagnation  Under Obama — No Change — No Hope — Videos

BILL-DAY-HILLARY-PHISHING hillary nsacartoon hillary emails  hillary-clinton-e-mails-cartoon-beeler Hillary-Clinton-s-shadowy-emails hillary-email-cartoon-cole

LAS VEGAS, NV - OCTOBER 13: (L-R) Democratic presidential candidates Jim Webb, U.S. Sen. Bernie Sanders (I-VT), Hillary Clinton, Martin O'Malley and Lincoln Chafee take the stage for a presidential debate sponsored by CNN and Facebook at Wynn Las Vegas on October 13, 2015 in Las Vegas, Nevada. The five candidates are participating in the party's first presidential debate. (Photo by Joe Raedle/Getty Images)

LAS VEGAS, NV – OCTOBER 13: (L-R) Democratic presidential candidates Jim Webb, U.S. Sen. Bernie Sanders (I-VT), Hillary Clinton, Martin O’Malley and Lincoln Chafee take the stage for a presidential debate sponsored by CNN and Facebook at Wynn Las Vegas on October 13, 2015 in Las Vegas, Nevada. The five candidates are participating in the party’s first presidential debate. (Photo by Joe Raedle/Getty Images)

Bernie Sanders vs. Hillary Clinton | Democratic Presidential Debate Analysis

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In a taped message to the Democratic candidates, President Barack Obama urged Democrats to work hard and fight to keep the White House in 2016.

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Emails Show Clinton Worked With George Soros To Run Shadow Gov’t

The real scandal surrounding Democratic presidential hopeful Hillary Clinton’s private email system may be that she was running, in concert with a private consulting firm tied closely to George Soros, an outsourced and parallel State Department answerable only to her and not President Obama, the Congress, or the American people.

INFOWARS Nightly News: CNN Democratic Debate Coverage Tuesday October 13 2015

Who Won The First Democratic Debate In Terms Of Body Language?

Carol Kinsey Goman

The major story of the first televised presidential debate in 1960 became the photogenic appeal of John F. Kennedy versus the sickly look of his opponent, Richard Nixon, who refused to wear makeup although his recent illness had left him with a pallid complexion. In addition, Kennedy looked directly at the camera when answering questions (rather that at the journalists who asked them), which made viewers see him as someone who was talking right to them and giving straight answers. To make matters worse, the cameras caught Nixon wiping perspiration from his forehead while Kennedy was pressing him on the issues.

When the debate ended, a large majority of television viewers recognized Kennedy as the winner. Radio listeners, who heard the debate but hadn’t seen it, gave the victory to Nixon.

Never again would politicians under estimate the importance of physical appearance and body language – especially when appearing on television. Today’s political figures are fully aware of, and heavily coached on, the impact of nonverbal communication.

And when it comes to nonverbal cues, everything matters: Gender, age, skin color, hair style, attractiveness, height, clothing, facial expressions, hand gestures, posture — audiences judge it all. Superficial? Maybe. But this potent (and often unconscious) process is also hardwired in the human brain.
There are two sets of nonverbal signals that are especially important for candidates to project: warmth and authority. Warmth cues project likeability and candor and authority cues denote power and status. The most appealing politicians (at least from a body language standpoint) are those whose behaviors encompass both sets of signals.

Which brings me to the first Democratic debate of the 2016 election cycle — and how I would grade the body language of the debaters.

Hillary Clinton, former secretary of state

Grade: A-

How she did it: Clinton is often described, by both supporters and critics, as strong, tough, and aggressive. So it was no surprise to see those qualities exhibited in her body language through expansive gestures, erect posture, and well-prepared responses.

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But Clinton’s body language won the debate by doing more than displaying authority. She successfully “warmed up” her image, with smiles, head nods in agreement/support of other’s comments, and (at one point) even laughter.

Visually, being the only woman on stage was also to her advantage. The contrast between Clinton and the rest of the (white, male) candidates was visually striking – especially for someone who wants to show how she would be different from previous presidents.

Bernie Sanders, senator of Vermont

Grade: B+

How he did it: Unlike Clinton, who (for better or worse) is a known national figure, Sanders needed to give the audience a clear picture of who he is and what he stands for – and he was very effective doing so last night. Sanders was animated and used gestures (like finger pointing and palms rotated down) to effectively emphasize his resolve – although at times, his movements were a bit jerky, instead of smooth. And for those who were wondering if a 74-year old could keep his energy high for two hours, the answer was a resounding “yes.”

Sanders nonverbal negatives include his leaning too often on the lectern (as if he needed physical support) and in his lack of warm cues. He is much more expressive when showing anger, disgust, and impatience – but rarely does he display joy or express optimism.

Martin O’Malley, former governor Maryland

Grade: C

How he did it: While he never had the “break through” moment his campaign was hoping for, nonverbally O’Malley had a significant nonverbal advantage: He looked fit and athletic – and he was the tallest person in the line up. Don’t discount the effect of these seemingly trivial facts. We are biased toward attractive, healthy people, and we unconsciously attribute leadership characteristics to tall people. (The effects of this are seen not only in politics, but in business. For example, in the U.S. population, 14.5% men are 6’ tall and over, but with CEOs of Fortune 500 companies, that statistic climbs to 58%.) But his softer, slower communication style often lacked the energy and passion needed to support his rhetoric. And his deadpan, almost angry expression when other candidates were speaking was tweeted about as the “death stare” – not a good look for someone who is usually seen as upbeat and happy.

Jim Webb, former senator of Virginia

Grade C-

How he did it: Webb is known as being “gruff” and “stiff,” and both of those qualities were displayed nonverbally: Outside of a slight lean backward and a shoulder shrug now and then, he rarely moved his body – adding to his stoic image.

Lincoln Chaffee, former governor of Rhode Island

Grade: D

How he did it: Chafee’s body language was filled with nervous facial gestures (lip licking was especially prevalent) and conflicting nonverbal messages, the most noticeable being a smile with tightened or compressed lips that made the otherwise warm signal look forced and inauthentic.

The only missing contender in last night’s debate was Vice President Joe Biden, who hasn’t declared his intention to run. Too bad. He is passionate and expressive. He would have been interesting to watch.

https://www.youtube.com/watch?v=DvjU0xLWrv4

 

EVIDENCE SHOWS CLINTON RAN A PARALLEL, OUTSOURCED STATE DEPT.

Clinton received help from George Soros to run shadow gov’t
The real scandal surrounding Democratic presidential hopeful Hillary Clinton’s private email system may be that she was running, in concert with a private consulting firm tied closely to George Soros, an outsourced and parallel State Department answerable only to her and not President Obama, the Congress, or the American people.

The media has tried to separate two dubious operations of Mrs. Clinton while she was at the State Department. The first is the private email server located in her Chappaqua, New York residence. The second is the fact that her government-paid State Department personal assistant, Huma Abedin, wife of disgraced New York “sexting” congressman Anthony Weiner, was simultaneously on the payroll of Teneo, a corporate intelligence firm that also hired former President Bill Clinton and former British Prime Minister Tony Blair as advisers. Abedin has been linked to the Muslim Brotherhood, which has recently buried the hatchet with longtime rival Saudi Arabia and common cause against the Assad government in Syria, the Houthi rebels in Yemen, and Iran.

It is clear that Mrs. Clinton used her private email system to seek advice on major foreign policy issues, from her friend and paid Clinton Foundation adviser Sidney Blumenthal providing private intelligence on Libya’s post-Qaddafi government and possible business ventures to Clinton friend Lanny Davis seeking favors from Mrs. Clinton. It should be noted that Davis was a paid lobbyist for the military junta of Honduras that overthrew democratically-elected President Manuel Zelaya in 2009. It also should be noted that Mrs. Clinton voiced her personal dislike for the late Libyan leader Muammar Qaddafi, when, after he was assassinated by U.S.-armed jihadist rebels, boasted, “We came, we saw, he died!”

It was highly unusual for Abedin to receive a U.S. government paycheck while also receiving a consultant’s salary from Teneo. Teneo was founded in 2011 by Doug Band, a former counselor to Bill Clinton. Teneo, which is as much a private intelligence firm as it is an investment company and “governance” consultancy, has its headquarters in New York and branches in Washington DC, Brussels, São Paulo, London, Dublin, Dubai, Hong Kong, Beijing, and Melbourne. With the exception of its investment arm, Teneo closely resembles the former CIA-connected firm where Barack Obama worked after he graduated from Columbia, Business International Corporation (BIC). Teneo’s marketing claims match those made by BIC during its heyday: Teneo works “exclusively with the CEOs and senior leaders of many of the world’s largest and most complex companies and organizations.”

Teneo has staked a position in the international news media with its recent purchase of the London-based firm Blue Rubicon, formed in part by the former home news editor for Channel 4 News in the United Kingdom. Teneo also recently acquired London’s Stockwell Group, which provides consultancy services to the National Bank of Greece and Pireaus Bank. It appears that Mrs. Clinton’s friends are cashing in on the global banking austerity being levied against Greece.

The head of Teneo Intelligence is Jim Shinn, a former assistant secretary for Asia for the Defense Department. What is troubling is that Teneo has been offering statements to the media designed to heighten tensions between NATO and Turkey on one side and Russia on the other over Russia’s military attacks on the Islamic State in Syria. Shinn’s intelligence chief in Teneo’s London office, Wolfgango Piccoli, who has worked for the Soros-linked Eurasia Group consultancy, told CNN that Russia’s “reinforcement of the Assad regime and the consolidation of separate areas of control is more likely to prolong the conflict by forcing a stalemate.” The Teneo statement came in a CNN report that suggests members of the Bashar al Assad government in Syria and Russian President Vladimir Putin and his government could be charged by international or “national” tribunals for war crimes in a manner similar to those convened on members of the Yugoslavian and Serbian governments.

The entire International Criminal Court (ICC) in The Hague and in Africa has fallen under the control of George Soros and his operatives. Soros has made no secret of his support for overthrowing Assad and Putin and he has resorted to a “weapon of mass migration” of Syrian, Iraqi, and other refugees into Europe in order to destabilize the entire continent and endanger its Christian culture and social democratic traditions. Mrs. Clinton and Soros extensively used Mrs. Clinton’s private email system to exchange, among other things, information on the political situation in Albania, a country where Soros’s operatives are plentiful and powerful. Soros is a major donor to the Clinton Foundation and Mrs. Clinton’s presidential campaign.

Soros also pressed Mrs. Clinton for State Department support for his American University of Central Asia, which, as seen with Soros’s Central European University in Budapest and its graduate ranks of pro-U.S. leaders throughout central and eastern Europe, is designed to manufacture a new generation of pro-U.S. leaders in the Central Asian states of the former Soviet Union.
The “wiping” of Mrs. Clinton’s email systems’ hard drives appear to be part of a classic case of an intelligence operation destroying data after being exposed.

The Clinton outsourcing of U.S. foreign policy not only involves Teneo but also the Clinton Foundation, for which Mrs. Clinton solicited donations from foreign sources while she served as Secretary of State. Moreover, in a classic example of racketeering, Bill Clinton was paid by Teneo as an adviser while his Clinton Foundation hired Teneo as as a consultant. The Clinton Foundation is directed by Bill and Hillary Clinton, along with their daughter Chelsea Clinton Mezvinsky. Mrs. Clinton’s private email use also extended to Clinton Foundation chief financial officer Andrew Kessel and longtime Bill Clinton friend Bruce Lindsey.

One of the emails sent via Mrs. Clinton’s private system was from her State Department counsel Cheryl Mills to Amitabh Desai, the head of foreign policy for the Clinton Foundation. Mills wanted Desai to arrange a meeting between Rwandan dictator Paul Kagame with the Democratic Republic of Congo strongman Joseph Kabila during Kagame’s visit to Kinshasa in 2012. This effort was conducted outside the State Department with the sole exception that Assistant Secretary of State for African Affairs Johnnie Carson, a close friend of Mrs. Clinton, was involved in the email exchange with Mills and Desai.

Other private email use involved Hollywood magnate Haim Saban, Loews heir Andrew Tisch, and Lynn de Rothschild, all of whom were peddling Israel’s interests to Hillary and Bill Clinton in return for sizable donations to the Clinton Foundation and Mrs. Clinton’s presidential campaign.

Under the Clinton Giustra Enterprise Partnership, the Clinton Foundation received generous financial support totaling some $31 million from Frank Giustra, a Canadian uranium mining magnate. Giustra relied on the Clintons to use their influence to open up lucrative uranium exploitation opportunities in places like Kazakhstan and Africa.

Senator Chuck Grassley (R-IA) has been stonewalled in his attempt to obtain more information about Teneo’s relationship with Mrs. Clinton, the Clinton Foundation, and Bill Clinton.

Wayne Madsen is an investigative journalist who consistently exposes cover-ups from deep within the government. Want to be the first to learn the latest scandal? Go to WayneMadsenReport.com subscribe today!

http://www.infowars.com/evidence-suggests-clinton-ran-a-parallel-outsourced-state-dept/

 

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The Obama Avalanche: Obamacare and Obama’s Scandals (Benghazi, AP, Fox’s James Rosen, DOJ, IRS, NSA) Lead To Failed Lame Duck Presidency — Videos

Posted on July 5, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, history, History of Economic Thought, Illegal, Immigration, Inflation, Investments, IRS, Language, Law, liberty, Life, Links, Macroeconomics, media, Monetary Policy, Money, People, Philosophy, Politics, Public Sector, Raves, Security, Talk Radio, Tax Policy, Taxes, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , |

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“A Massive Surveillance State”: Glenn Greenwald Exposes Covert NSA Program Collecting Calls, Emails

We speak with Guardian columnist Glenn Greenwald, who broke the story Thursday that the National Security Agency has obtained access the central servers of nine major internet companies — including Google, Microsoft, Apple, Yahoo and Facebook. The Guardian and the Washington Post revealed the top secret program, code-named PRISM, after they obtained several slides from a 41-page training presentation for senior intelligence analysts. It explains how PRISM allows them to access emails, documents, audio and video chats, photographs, documents and connection logs that allow them to track a person or trace their connections to others. One slide lists the companies by name and the date when each provider began participating over the past six years. “Hundreds of millions of Americans, and hundreds of millions — in fact billions of people around the world — essentially rely on the internet exclusively to communicate with one another,” Greenwald says. “Very few people use landline phones for much of anything. So when you talk about things like online chat, and social media messages, and emails, what you’re really talking about is the full extent of human communication.” This comes after Greenwald revealed Wednesday in another story that the NSA has been collecting the phone records of millions of Verizon customers. “They want to make sure that every single time human beings interact with one another … that they can watch it, and they can store it, and they can access it at any time.”

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The Washington Political Elites of Both Parties Are Not Serious About Balancing The Federal Budget And Funding Entitlement Liabilities–Send In The Clowns–Don’t Bother There Here–Videos

Posted on March 7, 2011. Filed under: Banking, Blogroll, Business, Communications, Demographics, Economics, Energy, Federal Government, Fiscal Policy, government, government spending, Health Care, history, Language, Law, liberty, Life, Links, media, Monetary Policy, Money, People, Philosophy, Politics, Public Sector, Rants, Raves, Unions, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , |

“A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.”
~Thomas Jefferson

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If The Debt Limit Isn’t Increased It’s Going To Cause Problems” Ron Paul & Rand Paul Interview
 
 

 

 
 
 
 

The Washington D.C. political establishment and ruling elites of both political parties are not serious people– they are clowns.

The American people no longer find them very funny or entertaining.

The American people now know the joke was on them.

The American people now know they were lied to about Social Security and Medicare.

The American people now know that the Social Security surpluses were spent every year by both Democratic and Republican Administrations.

The American people now know that Social Security, Medicare and Medicaid are not adequately funded by tax revenues and are running huge and every growing deficits.

I.O.U.S.A. Bonus Reel: Deficits and Social Security

These entitlement programs are running huge deficits that must be stopped.

I.O.U.S.A. Bonus Reel: Social Security+Medicare Projections

 

Otherwise it will  simply be too late to put these programs on an actuarial sound foundation.

The most either political party will cut from the fiscal year 2011 budget of over $3,800 billion is $100 billion or less than 3% of Fiscal Year 2011 outlays.

The earliest either political party would come even come close to balancing the budget is five to ten years.

Apparently both the House of Representatives and Senate is challenged when it comes to the will, courage, and vision to seeing the American economy does not have five to ten years for the Federal Government to balance a budget.

The Federal Budget must be balanced  starting in Fiscal Year 2012 and every year thereafter.

Actually the Federal Budget needs to run surpluses to stop the rampant growth in unfunded Federal Government liabilities.

Any politician who speaks of a path to a balanced budget simply does not understand the magnitude of the problem.

Everything must be on the table including entitlements; and budgets must be balance starting in Fiscal Year 2012 not Fiscal Year 2020.

To balance the budget and live within ones means, namely estimated tax revenues, would require budget cuts of over $1,000 billion.

This requires the permanent shut-down of entire Federal Departments.

Milton Friedman on Libertarianism (Part 4 of 4)

 

Keep in mind the Federal National Debt does not include the increase every year of unfunded liabilities or Federal Debt for  so-called mandatory spending and entitlements such as Social Security, Medicare, Prescription Drugs,  Medicaid and other entitlement programs and unfunded military and civilian pension obligations.

Currently these unfunded liabilities of the Federal Government exceed $100,000 billion or more than ten times the so-called National Debt owed to the public that exceeds  $10,000 billion today.

These unfunded liabilities  are adding at least another $3,000 billion plus each year to the unfunded liabilities of the United States Government.

The United States Government is therefore running total deficits each year of nearly $5,000 billion!

To first stop and then reverse this trend requires surplus budgets not merely balanced budgets.

Who do the clowns or educated fools of the Washington D.C. political ruling class think they are fooling–not the American people.

Ask any college freshman today if he thinks he will receive a dime from Social Security or Medicare.

President Barack Obama is addicted to tobacco, big spending and massive debts.

House Speaker John Boehner is also addicted to tobacco , big spending and massive debts.

Neither can kick their nasty habit of smoking cigarettes, spending the American people’s money and burdening future generation with debt.

President Obama’s addiction to big spending, huge deficits and a massive national debt is evidenced by his proposed fiscal year budgets for 2010, 2011, and 2012:

For Fiscal Year 2010 President Obama proposed a budget of $3,456 billion in spending outlays  with estimated tax revenues of $2,162 billion resulting in an estimated total deficit of over $1,293 billion.

For Fiscal Year 2011 President Obama proposed a budget of $3,818 billion in spending outlays  with estimated tax revenues of $2,173 billion resulting in an estimated total deficit of over $1,645 billion.

For Fiscal Year 2012 President Obama proposed a budget of $3,728 billion in spending outlays  with estimated tax revenues of $2,677 billion resulting in an estimated deficits of over $1,101 billion.

President Obama gives real meaning to term fiscally irresponsible and delusional by proposing three budgets that have deficits totaling over $4,000 billion.

By the time President Obama is hopefully  voted out of office in 2012, President Obama will have run up deficits totaling over $5,000 billion and increased the National Debt by over 50% in just four years!

Keep in mind that the total United States National Debt from its founding through President George W. Bush was just under $10,000 billion!

Year Gross Debt in Billions undeflated[11] as % of GDP Debt Held By Public ($Billions) as % of GDP
1910 2.6 unk. 2.6 unk.
1920 25.9 unk. 25.9 unk.
1928 18.5[12] unk. 18.5 unk.
1930 16.2 unk. 16.2 unk.
1940 50.6 52.4 42.8 44.2
1950 256.8 94.0 219.0 80.2
1960 290.5 56.0 236.8 45.6
1970 380.9 37.6 283.2 28.0
1980 909.0 33.4 711.9 26.1
1990 3,206.3 55.9 2,411.6 42.0
2000 5,628.7 58.0 3,409.8 35.1
2001 5,769.9 57.4 3,319.6 33.0
2002 6,198.4 59.7 3,540.4 34.1
2003 6,760.0 62.6 3,913.4 35.1
2004 7,354.7 63.9 4,295.5 37.3
2005 7,905.3 64.6 4,592.2 37.5
2006 8,451.4 65.0 4,829.0 37.1
2007 8,950.7 65.6 5,035.1 36.9
2008 9,985.8 70.2 5,802.7 40.8
2009 12,311.4 86.1 7,811.1 54.6
2010 (31 Dec) 14,025.2 95.2 (3rd Q) 9,390.5 63.7 (3rd Q)

http://en.wikipedia.org/wiki/United_States_public_debt

Historical Debt Outstanding – Annual 2000 – 2010

Includes legal tender notes, gold and silver certificates, etc.

The first fiscal year for the U.S. Government started Jan. 1, 1789. Congress changed the beginning of the fiscal year from Jan. 1 to Jul. 1 in 1842, and finally from Jul. 1 to Oct. 1 in 1977 where it remains today.

To find more historical information, visit The Public Debt Historical Information archives.

Date Dollar Amount
09/30/2010 13,561,623,030,891.79
09/30/2009 11,909,829,003,511.75
09/30/2008 10,024,724,896,912.49
09/30/2007 9,007,653,372,262.48
09/30/2006 8,506,973,899,215.23
09/30/2005 7,932,709,661,723.50
09/30/2004 7,379,052,696,330.32
09/30/2003 6,783,231,062,743.62
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86

http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm

Unless the Republican Party takes on the reform of Social Security, Medicare and Medicaid, the closing of entire Federal Departments, cuts in Defense spending, and reductions in salaries and employment benefits of all Federal employee, they are not serious about balancing the budget.

Federal spending needs to be cut by over $1,000 billion in Fiscal Year 2012 to have any chance of balancing the budget.

Talking about cuts of several hundred billion dollars over the next ten years are simply not serious.

Any politician proposing such small cuts should be replaced in the next election by a tea party candidate.

Stop wasting valuable time and starting cutting spending and balancing the budget.

The Federal Budget needs to be limited to 80% of tax revenue collections of the prior year with the remaining 20% of tax revenue collections used to pay down the national debt.

Pass the FairTax and combine it with a balanced budget rule that requires the above.

The FairTax: It’s Time

What is the FairTax plan?

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.

The FairTax Act (HR 25, S 13) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax  administered primarily by existing state sales tax authorities.

The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

The FairTax:

  • Enables workers to keep their entire paychecks
  • Enables retirees to keep their entire pensions
  • Refunds in advance the tax on purchases of basic necessities
  • Allows American products to compete fairly
  • Brings transparency and accountability to tax policy
  • Ensures Social Security and Medicare funding
  • Closes all loopholes and brings fairness to taxation
  • Abolishes the IRS

 

Every day over 20% of the United States civilian labor force orover 30 million Americans who want to work at a full-time job either are unemployed, work part-time at lower paid jobs or are so discouraged they stop looking for a job after hundreds and thousands of attempts to find one.

The American economy is losing billions of dollars daily in lost output and income that can never be recovered.

As a direct result tax revenues of local, city, county, state and Federal governments are also significantly down.

In the month of February, the United States government ran a monthly budget deficit of over $223 billion, the largest monthly deficit in U. S. history!

This is mainly due to Federal government intervention into the economy and the uncertainty created by excessive government spending, deficits, debt and unfunded liabilities.

Yet the political class or  so-called ruling class and elites lie, mislead and argue about cutting a $3,800 billion budget by less than $100 billion or less than 3% of the total Fiscal Year 2011 U.S. Government budget.

With some exceptions, the professional politicians are not serious people–they are clowns or educated fools.

These clowns lack the will, courage, urgency and vision to cut Federal government spending, balance the budget and replace the current Federal income tax system with a broad-based national retail sale consumption tax–the FairTax.

Time is of the essence.

The United States economy is on the brink of the Obama Depression and there is no sense of urgency or understanding of the problem by the majority of our elected Representatives, Senators or the President of the United States.

If the political ruling class were serious people they would be discussing cuts of $1,000 billion in the Fiscal Year 2011 budget of over $3,800 billion  given that tax revenues for Fiscal Year 2011 are expected to be less than $2,500 billion.

The only politicians proposing such spending cuts are Representative Ron Paul of Texas and Senator Rand Paul of Kentucky, both of whom are ignored and even laughed at by both the Republican and Democratic establishment and leadership.

Sen. Rand Paul on $500Billion in Spending Cuts: The American People Are Ready

 

Ron Paul: Congress Won’t Stop Spending until the Dollar Fails

David M. Walker, former United States Comptroller General was right.

The United States’  biggest and most serious deficits are budget, savings, balance of payments and leadership.

I.O.U.S.A. Bonus Reel: Dave Walker Explains the 4 Deficits

 

Why US Economy will Collapse – I.O.U.S.A. the movie

The United States needs leaders not clowns or educated fools.

The United States needs leaders who remember and learn from history.

Why You’ve Never Heard of the Great Depression of 1920 | Thomas E. Woods, Jr.

Join the Second American Revolution and the tea party movement by marching on Washington D.C. on Friday, April 15, 2011!

The Tea Party patriots want balanced budgets, cuts in spending, deficits and the national debt, repeal of the income tax Amendment and passage of  a balanced budget amendment to the United States Constitution and the FairTax.

The goal is for 3 million Americans marching in Washington D.C.  demanding that Congress and the Senate cut Federal spending, balanced the budget and replace Federal taxes with the FairTax!

Start at the Federal Reserve building, march pass the White House and stop at the Capital Building for a rally.

This is a grassroots movement.

Spread the word.

Only individuals Americans can prevent the economic collapse of the United States.

Pronk Pops Show 19: March 8, 2011

Economic Collapse 101 for Dummies

 

Quantitative Easing Explained

 

Hi, I’m a Tea Partier revisited

 

Send In the Clowns – Glenn Close

Isn’t it rich?

Are we a pair?

Me here at last on the ground,

You in mid-air.

Send in the clowns.

Isn’t it bliss?

Don’t you approve?

One who keeps tearing around,

One who can’t move.

Where are the clowns?

Send in the clowns.

Just when I’d stopped opening doors,

Finally knowing the one that I wanted was yours,

Making my entrance again with my usual flair,

Sure of my lines,

No one is there.

Don’t you love farce?

My fault I fear.

I thought that you’d want what I want.

Sorry, my dear.

But where are the clowns?

Quick, send in the clowns.

Don’t bother, they’re here.

Isn’t it rich?

Isn’t it queer,

Losing my timing this late

In my career?

And where are the clowns?

There ought to be clowns.

Well, maybe next year.

 

Barbra Streisand Send In The Clowns

Background Articles and Videos

I.O.U.S.A.: Byte-Sized – The 30 Minute Version

 

 

Budget of the U.S. Government Fiscal Year 2o11

http://www.gpoaccess.gov/usbudget/fy11/pdf/budget.pdf

 

2010 Social Security Trustees Report: Reform Needed Now

“…Abstract: The 2010 annual report by the Social Security trustees has been released. It comes as no surprise that the Trustees Report predicts massive—and permanent— yearly deficits if the Social Security system is not reformed. Though the report shows that Social Security payments are secure for another five years, Social Security already owes $7.9 trillion more in benefits this year than it will receive in tax revenues. The time for reform is now—delay will only make each challenge and problem harder to fix. Heritage Foundation financial and pension expert David C. John examines the findings of the new Trustees Report—and explains what they mean for Americans. …”

 

http://www.heritage.org/research/reports/2010/08/2010-social-security-trustees-report-reform-needed-now

 

“…Kleiner Perkins partner Mary Meeker analyzes America as a corporation in an epic presentation: USA Inc.: A Basic Summary of America’s Financial Statements (pdf).

“…This report looks at the federal government as if it were a business, with the goal of informing the

debate about our nation’s financial situation and outlook. In it, we examine USA Inc.’s income

statement and balance sheet. We aim to interpret the underlying data and facts and illustrate

patterns and trends in easy-to-understand ways. We analyze the drivers of federal revenue and

the history of expense growth, and we examine basic scenarios for how America might move

toward positive cash flow. …”

This report is available online and on iPad at www.kpcb.com/usainc

http://images.businessweek.com/mz/11/10/1110_mz_49meekerusainc.pdf

Mary Meeker’s Definitive Guide To The American Public Debt Crisis

“…Here are some key slides from her definitive report:
  • Spending as a percent of GDP rose 3 percent each year from 1790 and 1930. Worse: It rose to 24% in 2010.
  • Only 1 in 50 Americans needed Medicaid when it was first created in 1965, 1 in 6 Americans receives Medicaid now.
  • Extended unemployment benefits could set back America Inc. $34 billion in the next two years alone.
  • There is no quick-fix to America’s deficit problem. While raising taxes could help, the only real solution is cutting costs.
  • Why we should increase the retirement age to 73 or cut Social Security benefits by 12%

Read more: http://www.businessinsider.com/mary-meeker-usa-inc-february-24-2011-2#ixzz1FwfigfSi

March 7, 2011

Spotlight on the States: Wisconsin

“…Today, Wisconsin faces a budget shortfall of $137 million (just shy of 10 percent of the budget) for the remaining fiscal year (which ends June 30) and a $3.6 billion shortfall over the next 2 years (six percent of the budget) in a $59 billion 2012-2013 budget. In an attempt to put the state back on a sustainable fiscal path, and more specifically to address this year’s shortfall, newly-elected Gov. Scott Walker (R) introduced what he called a “Budget Repair Bill” last month. The bill requires government workers to contribute 5.8 percent of their salary toward pensions–which has sparked a back-and-forth about whether pension benefits are paid for by taxpayers or employees–and increases contributions to health care premiums from 6 percent to at least 12 percent. It also limits public employee collective bargaining rights, with the exception of police, firefighters, and other public safety employees, which is the provision that has sparked the current protests, as the unions are willing to accept the other changes.

Nevertheless, Gov. Walker has said that enacting these reforms would save $30 million this fiscal year and thousands of state and local jobs. He also said that he could pledge there would be no layoffs or furloughs for state employees. This did not comfort the thousands of government employees who swarmed the state’s capital, protesting that the Governor’s budget bill is more geared to political ends than fiscal ones.

In his March 1st budget address, (postponed from February 22), Gov. Walker outlined some of the details of his full proposal. The biennial budget balances the $3.6 billion two-year deficit and reduces the structural deficit–deficits even under normal economic conditions and full employment–by 90 percent, from $2.5 billion to $250 million. It also reduces overall state spending by $4.2 billion (6.7 percent) over the biennium. Other highlights of the legislation include:

  • $1.25 billion in reductions in aid to local governments
  • $834 million in reduction in aid to public schools
  • $80.6 million in tax cuts for FY 2012, including elimination of the capital gains tax for investors with long-term (5 or more years) investments in Wisconsin-based businesses
  • $500 million in Medicaid spending cuts through various reforms
  • $200 million in funding for the “public-private agency” the Wisconsin Economic Development Corporation
  • Various reforms to state agencies, including a 10% across-the-board cut to non-personnel budgets of most agencies and elimination of all positions that have been vacant for over a year …”

http://crfb.org/blog

Wisconsin Governor Seeks Deep Cuts

“…The collective-bargaining bill stalled in the state Senate also would require most public employees to contribute 5.8% of their salary this year toward their pension payments and 12.6% of their health-insurance premiums out of their wages. The measure passed the state Assembly last week.

Mr. Walker said that bill would produce savings of $1.44 billion for school districts and local governments, more than offsetting the cuts in state aid he recommended Tuesday.

Critics said the governor’s estimate is overstated, because some communities and school districts already require employees to pay more than 12.6% of their health-insurance premiums out of their salaries.

In De Pere, Wis., employees already pay 15% of insurance premiums from their wages. For that reason, and because police officers and firefighters are exempt, “I believe the savings through pension-contribution increases will not be enough to offset the loss of state shared revenue,” De Pere Alderman Daniel Robinson wrote in a letter Monday to Republican state Sen. Robert Cowles. …”

http://online.wsj.com/article/SB10001424052748704506004576174413551008574.html

Pronk Pops Show 19: March 8, 2011

Listen To Pronk Pops Podcast or Download Shows 16-19

Listen To Pronk  Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

 

 

 

 

 

 

 

 

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Glenn Beck–Government Intervention In The Economy Is The Problem!–Videos

Posted on September 16, 2010. Filed under: Uncategorized | Tags: , , |

Glenn Beck-09/16/10-A

Glenn Beck-09/16/10-B

Glenn Beck-09/16/10-C

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America Can No Longer Afford An Out Of Control Obama and Federal Government Spending–Videos!

Posted on September 12, 2010. Filed under: Blogroll, Communications, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Investments, Language, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Rants, Raves, Regulations, Resources, Security, Taxes, Video, Wisdom | Tags: , , , , , , , |

“The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inflicted by governments.”

“The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.”

~ Ludwig von Mises

U.S Debt Clock

http://www.usdebtclock.org/

Fox News Sunday Part 1 – Democrats To Little To Late 9/12/2010

Fox News Sunday Part 2 – Democrats To Little To Late 9/12/2010

Fox News Sunday Part 3 – Democrats To Little To Late 9/12/2010

Fox News Sunday Part 4 – Democrats To Little To Late 9/12/2010

“Socialism is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build; it destroys. For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.”

~ Ludwig von Mises

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Heritage Foundation 2010 Budget Charts–Federal Revenue

Heritage Foundation 2010 Budget Charts–Federal Debt and Deficits

Heritage Foundation 2010 Budget Charts–Federal Entitlements

Political Correctness, The Ground Zero Mosque and Stealth Jidah–Videos

The Third Jihad: Radical Islam’s Vision for America–Videos

CAIR Launches National PSA Campaign–Videos

Robert Spencer: Stealth Jihad: Islam’s War against the West–Videos

Andrew McCarthy–The Grand Jihad: How Islam and the Left Sabotaged America–Videos

Andrew C. McCarthy–America’s War on Terror…or is It?–Videos

Stealth Jihad–Terror From Within–Videos

Steve Emerson–American Jihad: The Terrorist Living Among Us–Videos

Robert Spencer–Stealth Jihad–Videos

Robert Spencer–The Truth About Muhammad–Videos

Terrorists Among Us: Jihad in America–Videos

Obsession: Radical Islams War Against the West–Videos

An Affront and Threat To The American People–The Ground Zero Mosque–Remembering 9/11 and The Unknown Falling Man

Just Because You Can Build A Mosque At Ground Zero Does Not Mean You Should: The Two Faces of President Obama–Let Me Be Clear–I Am An Agent Provocateur!

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Saving Entitlements By Eliminating Most Federal Departments Or Eliminating Entitlements And Saving Federal Departments Or Drastically Cutting Both Departments and Entitlements–The American People Must Decide Now!

Posted on June 8, 2010. Filed under: Blogroll, Communications, Economics, Employment, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, Immigration, Investments, Language, Law, liberty, Life, Links, media, Medicine, Monetary Policy, People, Philosophy, Politics, Raves, Resources, Security, Taxes, Video, Wisdom | Tags: , , , , , |

Tom Woods – entitlements

Background Articles and Videos

Entitlements: Social Security, Medicare Medicaid

Federal Spending

Federal Revenue and Taxes

Budget Deficits

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The Second American Revolution–The Taxing, Spending, Borrowing, Health Care, Illegal Immigration and Jobs Revolt!

Posted on May 10, 2010. Filed under: Blogroll, Communications, Culture, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Investments, Language, Law, liberty, Life, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Regulations, Strategy, Technology, Video, Wisdom | Tags: , , , , , , , , , , , , |

 

Deficits, Debts and Unfunded Liabilities: The Consequences of Excessive Government Spending

Woman Goes Nuclear At California Town Hall Meeting

Peter Schiff: Jobs, Emigration, Student Loans, Capital Controls

 

Peter Schiff One-on-One Interview with Dan Mangru – The Mangru Report – Episode 2 – May 8, 2010

Illegal Aliens Bankrupting “Free Taxpayer” Hospital

 

Online Tax Revolt’s Mission For Tax Day

The ONLINE TAX REVOLT March ~ Join in the protest, without leaving the comforts of home!

Black America is mad about illegal alien immigration

BLACKS RISE UP AND FIGHT THE ILLEGAL ALIEN INVASION!!

Illegal immigration effects on Americans

Obama Jobless Recovery gets Advice from Bernanke and causes tent sales to rise

 

Economic Collapse Prep: Home Fortification 

Socialism is a Disease…

 

 

Background Articles and Videos

Heritage Foundation 2010 Budget Charts–Federal Revenue

Heritage Foundation 2010 Budget Charts–Federal Spending

Heritage Foundation 2010 Budget Charts–Federal Debt and Deficits

Heritage Foundation 2010 Budget Charts–Federal Entitlements

Schiff on Double-Dip Recession

 

Peter Schiff debates David Epstein of Columbia University — Nov 11 2009 

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Health Care

Jeffrey Miron–Obamaomics–Videos

Individuals–Yes, Collectivists–No, Dissent–Yes, Racism–No, Life–Yes, Abortion–No, Ballots–Yes, Bullets–No–We The People Want Faith, Hope, Charity and Courage!

Obama’s Big Whopper–”The largest deficit reduction plan in a decade.”–Delusional Deceitful Democrats–Massive Tax Increases and Economy Wrecker–Health Care Bill If Passed Is Unconstitutional!

Senator Coburn Educates The Educated Fools aka Progressive Radical Socialists Who Cannot Write, Read, Or Understand The Health Care Bill or Competitive Markets!

Senator Coburn Educates The Educated Fools aka Progressive Radical Socialists Who Cannot Write, Read, Or Understand The Health Care Bill or Competitive Markets!

Senator Tom Coburn Makes The Progressive Radical Socialists Read Their Socialized Medicine Amendment to Health Care Bill!–Three Cheers–Kill The Bill!

Progressive Radical Socialist Health Care Plan Written In Prison By Convicted ACORN Felon Richard Creamer!

Obama’s Trick On The American People: Health Insurance Reform=Huge Hikes in Taxes and Premiums for Health Insurance and Massive Medicare Funding and Payment Reimbursement Cuts–Congressional Coercion–It’s Alive!

Second Opinion: Doctors Speak Up On Proposed Health Care Reform–And A Third Texas Opinion!–Videos

American Citizens Want Jobs and Criminal Alien Removal, Not Criminal Alien Census and Health Care!

Illegal Aliens Can Buy Health Insurance Plans–No ID Needed:–Demand Criminal Alien Removal and Deportation!

Congressman Paul Ryan–Townhall Meeting–Health Care Reform and The Patients Choice Act–Videos

The Arrogance of President Obama: Hectoring Habitual Liar

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Public Option = Government Option = Pathway to Single Payer = Single Payer = Socialized Medicine = Blue Pill = Poison Pill

Obama: First We Kill The Babies, Then We Kill The Elderly, Then We Kill The Veterans–Your Life, Your Choices–Your Time Is Up!

This Joker Is A Lost Cause: Keeping President Obama Honest on Health Care–Let’s But A Smile On That Face–Staying Alive

Fact 1. Federal Government Health Insurance Is Compulsory–Kill The Bill–H.R. 3200

Patient Empowerment: Health Savings Accounts–High Deductible Catastrophic Health Insurance–Affordable, Portable, Fair, Individual Health Care Plan–Consumer Driven Health Care Reform!

The Dangers Of A Single Payer Health Care System: Ronald Reagan On Socialized Medicine and Friedrich A. Hayek On State Monopoly

The American People Believe The Government Public Option Plan Is The Path To The Single Payer Government Plan–Socialized Medicine–Obama Caught Lying To The American People!

The American People Confront Obama’s Red Shirts (ACORN) and Purple Shirts (SEIU)–Bullhorns and Beatings Over Obama Care!

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Health Care Resources

Republican Health Care Reform: The Patients’ Choice Act

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Immigration

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Cheap Tomatoes, Cheap Labor, Criminal Aliens, Corrupt Polticians, Costing Trillions–Cradle To Grave Progressive Radical Socialism!

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Borderline Chaos: Immigration Out of Control–Videos

The Hyphenated American and The Hyphen

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The Issue of The United States 2008 Presidential Election–Criminal Alien Removal (CAR) and A Border Security Fence (BSF)

The Cost of Comprehensive Immigration Reform–McCain and Obama Are Hopeless–It is the Economy Stupid!

Appeasers and Oath Breakers All: Bush, Clinton, Bush, McCain, Clinton, Obama…Who is next?

Why immigration will be the number 1 political issue in the 2008 Presidential Election! — Gum Balls

Presidential Candidates on Illegal Immigration, Criminal Alien Removal and Social Service Benefits

John McCain’s Position on Illegal Immigration and Criminal Alien Removal?

Alan Keyes on Immigration

Heritage Foundation 2010 Budget Charts

Heritage Foundation 2010 Budget Charts–Federal Revenue

Heritage Foundation 2010 Budget Charts–Federal Spending

Heritage Foundation 2010 Budget Charts–Federal Debt and Deficits

Heritage Foundation 2010 Budget Charts–Federal Entitlements

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Heritage Foundation 2010 Budget Charts–Federal Entitlements

Posted on April 17, 2010. Filed under: Blogroll, Communications, Culture, Demographics, Economics, Education, Employment, Energy, Farming, Federal Government, Fiscal Policy, government, government spending, Health Care, history, Homes, Immigration, Investments, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Resources, Reviews, Science, Strategy, Taxes, Video, Wisdom | Tags: , , , , , , , |

The Heritage Foundation
2010 Budget Charts
Federal Government Entitlements

http://www.heritage.org/budgetchartbook/entitlements

http://www.heritage.org/budgetchartbook/entitlements

Related Posts On Pronk Palisades

Heritage Foundation 2010 Budget Charts–Federal Spending

Heritage Foundation 2010 Budget Charts–Federal Revenue

Heritage Foundation 2010 Budget Charts–Federal Debt and Deficits

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Paul Ryan’s Roadmap Plan To Government Financial Responsibility

Posted on April 14, 2010. Filed under: Blogroll, Communications, Demographics, Economics, Federal Government, Fiscal Policy, government, government spending, Health Care, history, Law, liberty, Life, Links, media, Medicine, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Regulations, Security, Technology, Uncategorized, Video, War, Wisdom | Tags: , , , , , , , , , , , , , , , , , , |

U.S National Debt Clock

http://www.usdebtclock.org/  

Rep Paul Ryan (WI-01) – “A Roadmap For America’s Future”

“…

SUMMARY

A Roadmap for America’s Future 2.0
THE CHALLENGE – AND THE OPPORTUNITY
111th Congress

27 January 2010

A Roadmap for America’s Future is a comprehensive alternative to the heavily government-centered ideology now prevailing in Washington, which pursues a relentless expansion of government, and creates a growing culture of dependency – and in the process worsens a status quo that already threatens to overwhelm the budget and smother the economy. The Roadmap – updated to reflect the dramatic decline in the Nation’s economic and fiscal condition since its previous introduction in 2008 – draws on Americans’ strengths to restore the Nation’s legacy of leaving the next generation better off. It achieves three key objectives:

▫ Providing Health and Retirement Security. The plan ensures universal access to health insurance; and it rescues and strengthens Medicare, Medicaid, and Social Security – allowing them to fulfill their missions and making them permanently solvent.

▫ Lifting The Debt Burden. It returns Federal spending growth to sustainable rates, and lifts the huge projected debt burden from the shoulders of future generations.

▫ Promoting American Job Creation and Competitiveness. It promotes solid, sustained economic growth and job creation here in America, and puts the United States in a position to lead – not merely survive – in the global marketplace. The plan also modernizes job training programs to meet the effects of globalization.

Why America Needs an Alternative. America faces an immense challenge – and an extraordinary opportunity.

▫ The Challenge. The Federal Government’s current fiscal path is unsustainable: it leads to unprecedented levels of spending and debt that will overwhelm the budget, smother the economy, weaken America’s competitiveness in the global 21st century economy, and threaten the survival of the government’s major benefit programs. The President and congressional Majority are hastening America’s march toward this reckoning, adding to trillions of dollars worth of unfunded liabilities, and accelerating the erosion of Americans’ health care and retirement security. Their “progressive” ideology leads to a future in which America’s best century is the past century.

▫ The Opportunity. Putting the Nation on a sustainable fiscal course may be one of the greatest domestic challenges in America’s history. But it is also an extraordinary opportunity to restore a national character rooted in individual initiative, entrepreneurship, and opportunity – and to transform the Federal Government to the realities of the 21st century.

Major Plan Components.

▫ Health Care. The plan ensures universal access to affordable health insurance by restructuring the tax code, allowing all Americans to secure affordable health plans that best suits their needs, and shifting the ownership of health coverage away from the government and employers to individuals.

– Provides a refundable tax credit – $2,300 for individuals and $5,700 for families – to purchase coverage in any State, and keep it with them if they move or change jobs.

– Establishes transparency in health care price and quality data, so this critical information is readily available before an individual needs health services.

– Modernizes Medicaid and strengthens the health care safety net by reforming high-risk pools, giving States maximum flexibility to tailor Medicaid programs to the specific needs of their populations. Allows Medicaid recipients to take part in the same variety of options by using the tax credit to purchase high-quality care.

▫ Medicare. The Roadmap secures Medicare for current beneficiaries, while making common-sense reforms to keep it solvent for the long term.

– Preserves the existing Medicare program for those 55 or older.

– For those currently under 55 – as they become Medicare-eligible – creates a Medicare payment averaging $11,000 per year when fully phased in. Adjusts the payment for inflation, and pegs it to income, with low-income individuals receiving greater support. Provides risk adjustment, so those with greater medical needs receive a higher payment.

– In addition to the Medicare payment, establishes and fully funds Medical Savings Accounts [MSAs] for low-income beneficiaries (to cover out-of-pocket costs), while continuing to allow all beneficiaries, regardless of income, to set up tax-free MSAs.

– Makes Medicare permanently solvent, based on Congressional Budget Office [CBO] estimates and consultation with the Office of the Actuary of the Centers for Medicare and Medicaid Services.

▫ Social Security. The proposal saves and strengthens this important retirement program and makes it sustainable for the long term.

– Preserves the existing Social Security program for those 55 or older.

– Offers workers under 55 the option of investing over one third of their current Social Security taxes into personal retirement accounts, similar to the Thrift Savings Plan available to Federal employees. Includes a property right so they can pass on these assets to their heirs, and a guarantee that individuals will not lose a dollar they contribute to their accounts, even after inflation.

– Makes the program permanently solvent, according to the CBO, by combining a more realistic measure of growth in Social Security’s initial benefits, with a gradual, modest increase in the retirement age, consistent with Americans’ improving lifespans.

▫ Tax Reform. This plan offers an alternative to today’s needlessly complex and inefficient tax code, providing the option of a simplified mechanism that better promotes and rewards work, saving, and investment.

– Provides taxpayers a choice of how to pay their income taxes – through existing law, or through a highly simplified code that fits on a postcard with just two rates and virtually no special tax deductions, credits, or exclusions (except the health care tax credit).

– Simplifies tax rates to 10 percent on income up to $100,000 for joint filers, and $50,000 for single filers; and 25 percent on taxable income above these amounts. Also includes a generous standard deduction and personal exemption (totaling $39,000 for a family of four).

– Eliminates the alternative minimum tax [AMT].

– Promotes saving by eliminating taxes on interest, capital gains, and dividends; also eliminates the death tax.

– Replaces the corporate income tax – currently the second highest in the industrialized world – with a border-adjustable business consumption tax of 8.5 percent. This new rate is roughly half that of the rest of the industrialized world.

▫ Job Training. The Roadmap helps the Nation’s workforce prepare for success in the global economy by transforming 49 job training programs, scattered across eight agencies, into a flexible, dynamic program focused on results, and accompanied by clear measures of transparency and accountability. The plan requires the development of performance measures, and gives each State the option to consolidate funding into one program, if such an approach can be shown improve outcomes and achieve job training goals.

Why ‘A Roadmap for America’s Future’ is Different. As mentioned above, the status quo is not sustainable. But Washington’s current leaders are making matters worse. The Roadmap is not simply a slimmer version of the “progressive” government expansion now prevailing in Washington; nor does it rely on vague bromides about “market-based incentives” or “public-private partnerships.” It is a complete legislative proposal consisting of specific policies backed up by sound, credible estimates of its fiscal and economic consequences.

Other key features of the plan:

▫ Comprehensiveness. Whether the issue is health care, international competitiveness, or debt, piecemeal, incremental “fixes” will never match the magnitude, urgency, and interrelated nature of America’s greatest domestic challenges. This plan provides the comprehensive approach critical for achieving real, long-term solutions.

▫ Backed Up By Numbers. It is a real plan, with real proposals, real numbers to back them up, and real legislation to implement it. Based on estimates provided by the CBO, this plan is projected to make the Social Security and Medicare programs permanently solvent. It will lift the growing debt burden on future generations, and hold Federal taxes to no higher than 19 percent of GDP.

▫ A True Alternative. This plan is based on a fundamentally different vision. It focuses government on its proper role; it restrains government spending, and thus limits the size of government itself; it rejuvenates the vibrant market economy that made America the envy of the world; and it restores an American character rooted in individual initiative, entrepreneurship, and opportunity – qualities that make each American’s pursuit of personal destiny a net contribution to the Nation’s common good as well. In short, it is built on the enduring truths from which America’s Founders established this great and exceptional Nation.

NOTE: The “current policy” paths in the graphics above reflect what the Congressional Budget Office [CBO], in its June 2009 report The Long-Term Budget Outlook, terms its “alternative fiscal scenario.” In describing this projection, CBO says it “represents one interpretation of what it would mean to continue today’s underlying fiscal policy,” and that it reflects “policy changes that are widely expected to occur and that policymakers have regularly made in the past.”
…”
http://www.roadmap.republicans.budget.house.gov/plan/summary.htm

A Roadmap for America’s Future

http://www.roadmap.republicans.budget.house.gov/ 

  

Paul Ryan Challenges Roadmap Critics

Paul Ryan and David Walker on Entitlements

I.O.U.S.A. Bonus Reel: Social Security+Medicare Projections

 

The Heritage Foundation: 2010 Budget Chart Book

http://www.heritage.org/budgetchartbook/  

 

 

   

 

The Roadmap Plan  

“…Unfunded Liabilities. Another way of viewing the government’s disastrous budgetary situation is by looking at its fiscal position the way a private company would. To do so, analysts focus on the “unfunded liabilities” of the Federal Government’s major benefit programs. These liabilities reflect the excess of projected spending in these programs over the amount of revenue currently estimated to be available for them. 

The problem is most acute in Medicare. Like Social Security, Medicare faces the daunting demographic challenge of supporting the baby boomers as they retire. But its much larger problem is that of medical costs, which are rising at roughly double the rate of growth in the economy. Today Medicare has an unfunded liability of $38 trillion over the next 75 years (see Figure 1). This means that the Federal Government would have to set aside $38 trillion today to cover future benefits for the three generations of Americans: retirees, workers, and children. This translates to a burden of about $335,350 per U.S. household. Moreover, the problem worsens rapidly: in just the next 5 years, by 2014, Medicare’s unfunded liability is projected to grow to $52 trillion – or about $458,900 per household. 

When Social Security and Medicare are taken together, the total unfunded liability is
$43 trillion, or about $379,475 per household (see Figure 2). In the next
5 years, that total will grow to $57 trillion, or $500,414 per household. 

 

 

Without fundamental changes, the government would have to finance these obligations with higher taxes, higher debt, or a combination of the two. Either way, the results would be crippling for the U.S. economy: they would entail shifting unprecedented amounts of economic resources away from growth-generating activities of the private sector: …” 

http://www.roadmap.republicans.budget.house.gov/plan/ 

 

Paul Ryan-Obama Proposed Debt Will Literally Crash the Economy

While Paul Ryan has identified the problem, his solution to the problem leaves much to be desired.

Instead of continuing the Federal Income Tax with two flat tax rates, I would replace all Federal taxes including income, payroll, capital gains, gift and estate taxes with the FairTax.

Why We Need a FAIR Tax?

Payoff the National Debt by restricting the total Federal Budget each year to 80% of the prior year’s FairTax collection. All future Federal budgets would always be in surplus–no deficit spending.

Close ten Federal Departments and numerous Federal agencies and reduce the number of Federal employees by at least 50%.

Transition to an individual controlled private health insurance and retirement plan that would replace both Medicare and Social Security with the individual controlling the investment choice or investment portfolio manager of the account.

Both the Democratic and Republican parties have spent the Social Security surpluses over the years instead of investing them in businesses that would create job, grow the economy and increase wealth.

 Since it is the individual’s money that funds this program, the individual and not the government should decide how the money contributed should be invested.

Individuals should be paying their own medical bills not a third-party including the government and insurance companies.

Identifying the problem of unfunded entitlement obligations is important.

The solution to the problem  should be individual based and controlled.

The Federal Government needs to get out of both the health insurance and retirement plan business. These  plans are not a function of government and the government has done a terrible job in managing their costs and returns.

The existing Federal taxation, Social Security and Medicare systems need to be replaced not sustained.

The Federal Government would consist of the following  Departments:

  1. State
  2. Treasury
  3. Justice
  4. Defense
  5. Homeland Security

Milton Friedman on Libertarianism (Part 4 of 4)

Is Limited Government an Oxymoron?

The other Federal  Departments would be closed permanently and the number of federal employees cut by at least 50%.

Since neither the Democratic nor Republican political parties will propose or support the shutting down of ten Federal Departments and the FairTax, I will not be voting for either party’s candidates.

This is change the American people can now only hope for.

The time for a new political party is now.

American Citizens Alliance Party–A CAP On Government Spending, Taxes, Debt and Regulations-The Third Party Base–Tea Party Patriots–Videos

Background Articles and Videos
 

Know the TRUTH about the Government Health Care Bill H.R.3200 – Key Points

Rep. Paul Ryan – Wisconsin 3-21-2010 The Future Cost of Obamacare

 

  I.O.U.S.A.: Chapter 1

  

I.O.U.S.A.: Chapter 2 & 3

http://www.youtube.com/watch?v=aKr5o132t1U&feature=related 

I.O.U.S.A.: Chapter 4

See I.O.U.S.A. themovie 

I.O.U.S.A.: Byte-Sized – The 30 Minute Version

http://www.youtube.com/watch?v=O_TjBNjc9Bo 

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