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Massive $17 Trillion Hole Found In Obamacare
Two years ago, when introducing then promptly enacting Obamacare, the president stated that healthcare law reform would not cost a penny over $1 trillion ($900 billion to be precise), and that it would not add ‘one dime’ to the debt. It appears that this estimate may have been slightly optimistic… by a factor of 1700%. Because coincident with the recent Supreme Court debacle, in which a constitutional law president may be about to find that his magnum opus law is, in fact, unconstitutional, someone actually read the whole thing cover to cover, instead of merely relying on the CBO’s, pardon Morgan Stanley and Goldman Sachs’, funding estimates. That someone is Republican Jeff Sessions who after actually running the numbers has uncovered that the true long-term funding gap is a mind-boggling $17 trillion, just a tad more than the original sub $1 trillion forecast. This latest revelation means that total underfunded US welfare liabilities: Medicare, Medicaid and social security now amount to $99 trillion! Add to this total US debt which in 2 months will be $16 trillion, and one can see why Japan, which is about to breach 1 quadrillion in total debt (yen, but who's counting), may want to start looking in the rearview mirror for up and comer competitors. And while Obama may have been taking creative license with a number that is greater than total US GDP, he was most certainly correct when saying that Obamacare would not add a penny to US debt. Because the second the US government comes to market to fund a true total debt/GDP ratio of 750%, it is game over, and the Fed will have its hands full selling Treasury puts every waking nanosecond to have any time left for the daily 3pm stock market ramp.
What is it that brought about this discovery of some inverse cash under the rug? The Daily Caller explains.
The hidden shortfall between new spending and new taxes was revealed just after Supreme Court justices grilled the law’s supporters about its compliance with the Constitution’s limits on government activity. If the court doesn’t strike down the law, it will force taxpayers find another $17 trillion to pay for the increased spending.
The $17 trillion in extra promises was revealed by an analysis of the law’s long-term requirements. The additional obligations, when combined with existing Medicare and Medicaid funding shortfalls, leaves taxpayers on the hook for an extra $82 trillion in health care obligations over the next 75 years.
Regular readers are well aware that when it comes to US insolvency, the underfunded American welfare state, whose obligations now amount to $100 trillion!, is the primary cause of this country's ultimate downfall. This latest revelation only makes it that much more certain, and likely, faster.
Currently, the Social Security system is $7 trillion in debt over the next 75 years, according to the Government Accountability Office.
Also, Medicare will eat up $38 trillion in future taxes, and Medicaid will consume another $2o trillion of the taxpayer’s wealth, according to estimates prepared by the actuarial office at the Centers for Medicare and Medicaid Services.
The short-term cost of the Obamacare law is $2.6 trillion, almost triple the $900 billion cost promised by Obama and his Democratic allies, said Sessions.
The extra $17 trillion gap was discovered by applying standard federal estimates and models to the law’s spending obligations, Sessions said.
For example, Session’s examination of the health care law’s “premium support” program shows a funding gap $12 billion wider that predicted.
The same review also showed the law added another $5 trillion in unfunded obligations for the Medicaid program.
Of course, that this "discovery" happened two years after the law was originally proposed and enacted merely once again confirms that other banana republics have nothing on the US, and that America continues to live in a state of sheer chaos when it comes to understanding that every use of funds must ultimately have a source as well.
Jeff Sessions' full presentation.
As a reminder this is what One trillion looks like.
...Now multiply by 17.
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Fundamental Analysis from C3X
http://capital3x.com/think-tank/fundamental-analysis-week-30-march-2012/
Just as Joe Robinette Biden said “we will grow our way out.” Let’s see. That’s about 5 years of 15 percent inflation and presto.
The Unforgiven!
Anyone tracking that Yuan fixing? Just me?
From my vantage point, it looks like they're mustering up a new global Eggroll.
[double post]
Although our free healthcare program is 17 trillion in the hole, 500 new jobs will be lost if SCOTUS voted against my Healthcare Law. Let me be clear, invoking the 8th amendment on our 2,700 page legislation goes to show how racist folks can be.
/sarc
Patient: "Doctor, it hurts when I pile trillions more unfunded obligations on top of my already collapsed system"
Doctor: "Well, then, don't do that"
I try to type my posts in a " Quimsical" way. They look like Alice in Wonder Land.
It's pain in the ass to lose 10 pounds! I jumped across that JETTY last summer?
Here I sit, broken hearted
Hope & Change long departed
He read from the TOTUS
Sounded real good
Now he's blaming me
For the dead kid in the hood
This phony, hollow, lying POS
Will leave behind one hell of a mess
Says he deserves another four year pass
Barack Hussein Obama you can kiss my
You People are :" Honest! Humanity is alive!
A few trillion more, just print it, Benny. Or tax those greedy rich people, with their more than $100,000 salaries.
That HUFF/ PUFF ( ao`l) a- something merger is DEAD?
That was one Hell of a ParaGraph Tyler! I Read that ( God Zilla)!!! Now I need to DIGEST it!
Late tomorow afternoon I'll have a ( laugh -a-long)!
I'll talk when it's time! AND I like VIC!
>> US welfare liabilities: Medicare, Medicaid and social security
So now SS is welfare? I guess "entitlements" wasn't consescending enough, you had to drop it down to welfare. I paid close to 15% of my income (self employed) my whole working career, now when I get my payback it's welfare? Not hard to see there's a bit of an agenda here.
You will get far more than you put in, that is welfare. You will require someone else to work to pay you. Vote to eliminate social security, speak out against wealth redistribution and you can have a clean conscience, otherwise you are simply a thief using the point of the governments gun to obtain that what you have not earned.
>> You will get far more than you put in
Care to substantaite that with any credible evidence?
This site has a breakdown of taxes paid vs. benefits received for single men and women, couples witha singel earner and couples where both are earners. Benefits were most lopsided for retirees in the 60's and has lessened slightly year by year since then, but its still a situation where people receive more then they paid. Even in two decades it will still be that way, but not as much as now and definitely not as much as the generation that started the Ponzi.
http://www.urban.org/UploadedPDF/social-security-medicare-benefits-over-lifetime.pdf
No matter the cost of government largesse, the FED will print and buy treasuries. End of story.
Wow ... this is like a raging election issue in main stream media, right?
No? ... so basically .. . no one gives a fig, or else understands it, or has any clue what a trillion is, or means.
You can fit kilo, mega, giga and now terrists-bytes on to the same physical-sized hard-drive ... so how much bigger can a trillion bucks be?
When that sort of mentality happens openly and hardly anyone blinks, the US of A as a nation-state is done as a political entity.
The very notion that such a thing can pass into law and there's no mass resignation of the political class, not even a mere fig-leaf of an impeachment, not even a firing squad for the perps.
That's full-retard Orwell.
This legislation/disgrace prompted tens of thousands of citizens to march on the Capitol building. I was there. The media ridiculed us, called us teabaggers, and claimed we spit upon some old civil-rights clowns who marched through the crowd hoping to generate some media content to be used to support calling us something worse than teabaggers. US media is straight-up propaganda. It is spooky.
It simply reveals the illusion of "Land o' the Free" and the 100% complete corruption of the Congress.
http://www.fxstreet.com/technical/market-view/think-tank/2012/03/31/
Trading behavior
These large numbers are so annoying. Can we simply say .017 quadrillion instead of 17 trillion. People are starting to get use to the trillion number now after dealing with the billion mark for decades. Bankers and politicians need to condition the populace to the quadrillion term. Besides, only ZH readers are smart enough to see what is happening. Most people can't name two senators from their state.
even to us low IQ types Obuma care put the spot light on how multi page laws (which the congress and senate having members stating we have to pass it to know whats in it) are written or better yet WHO writes them from the mouths of our DC reps ( we admit to not knowing what's in it)..so who did write this?
for the leftist posting here I find it funny that they seem to support this Law..knowing it was written by" evil corporations" just for the fact that a N Polosi or H Reed supported it.. there is a lesson for those who promote the socialist agenda here . Sadly They are too blind to see it or admit it to themselves. In the end- the do gooders are being used as always.
Is the U.S. Government expecting domestic insurrection?
The Department of Homeland Security (DHS) and its Immigration and Customs Enforcement (ICE) office is getting an “indefinite delivery” of an “indefinite quantity” of .40 caliber ammunition from defense contractor ATK.
U.S. agents will receive a maximum of 450 million rounds over five years, according to a press release on the deal.
The high performance HST bullets are designed for law enforcement and ATK says they offer “optimum penetration for terminal performance.”
More:
http://www.secretnews-compact.com/index.php?option=com_content&view=article&id=205%3Aus-homeland-security-buys-450-million-hollow-point-bullets&catid=1%3Alatest-news&Itemid=50
yes we can..I was there for the original march of the tea party..It got us zilch. marching on DC is like my vote nullified and pointless. sit back and take the screwing to do anything serious about all this mafia gov..well I am too comfortable to risk it.
Was Karl Denninger there [the original march of the tea party]?
He tells everyone who will listen he started it [the Tea Party].
He also tells everyone he voted for O'bama.
yes it's hard to connect those 2 dots... starts Tea Party ...votes for Bumma
...bit of a stretch on that one!!
$17 Trillion Hole Found In Obamacare
Fucking hell, where do they find these Govt accountants (grotesquely inept Ronald McDonalds) ???
Govt: no matter how incompetent or fraudulent, it's a cushy-slackers job for life ...nobody ever sacked, no Dept ever shuttered
Anyone seen Joe Biden?
http://www.youtube.com/watch?v=une165UP3Ng&feature=related
If you have to ask how much O'bamadontcare costs, you can't afford it.
Barry: "No healthcare for you, YT."
Fuck you Obama
Fuck you Bernanke
I hope this thing crashed soon
http://www.whitehouse.gov/the-press-office/2012/03/16/executive-order-na...
The authority of the President under section 710(e) of the Act, 50 U.S.C. App. 2160(e), to determine periods of national defense emergency is delegated to the Secretary of Homeland Security.
In accordance with section 710(e) of the Act, 50 U.S.C. App. 2160(e), there is established in the executive branch a National Defense Executive Reserve (NDER) composed of persons of recognized expertise from various segments of the private sector and from Government (except full time Federal employees) for training for employment in executive positions in the Federal Government in the event of a national defense emergency.
Dont wanna cry wolf but that sounds a bit dodgy to me.....
Just the finishing touches on their final power grab. Read the EO that Seizes all infrastructure both public and private in Peace time or at War.
EO to seize Property:
http://www.activistpost.com/2012/03/new-obama-executive-order-seizes-us.html
NDAA S1867:
http://www.wnd.com/2012/03/executive-order-panic-martial-law-in-america/
Were under "soft" Martial law right now.
Things are going to start moving quickly,
Monday, March 12, 2012Hawaii Official Signs Affidavit: No Obama Birth Certificate
Former Hawaii elections clerk Tim Adams has now signed an affidavit swearing he was told by his supervisors in Hawaii that no long-form, hospital-generated birth certificate existed for Barack Obama Jr. in Hawaii and that neither Queens Medical Center nor Kapi'olani Medical Center in Honolulu had any record of Obama having been born in their medical facilities.
Adams was employed at the City and County of Honolulu Elections Division from May 2008 through September 2008.
His position was senior elections clerk, overseeing a group of 50 to 60 employees responsible for verifying the identity of voters at the Absentee Ballot Office. It was in this capacity that Adams became aware of the search for Obama's birth-certificate records.
And this...
Impeachment Bill hit's Senate floor in an unrelated War Crimes. Basically, rendered Both houses "Cerimonial" We go through the UN.
http://www.wnd.com/2012/03/obama-impeachment-bill-now-in-congress/
Nothing is ever what it seems..
http://www.youtube.com/watch?v=G_tkPsVuLmg
That's putting it mildly! It sounds like they're setting up to make Erik Prince executive head of Homeland Security!!
It appears there are two objectives of "ObamaCare:"
1. Cloward-Piven: overwhelm the financial standing of the Republic and implode it.
2. Use the health-care aspect of the Bill to conceal the true intention: control of the population via government data-aggregation and enforcement (at gunpoint) by IRS agents.
3. After "the system" collapses, use the new throngs of agents and agencies to maintain a prison-state, with and without bars....
You are the Resistance.
What's another $17 trillion to the Burning Man of global financial assets?
Look. The last time Uncle Sugar tried to give health care to a huge secction of people was Medicare. Remember the cost projections for that one? I bet when it was proposed, it was sold as a money-maker for the gov!
This is Jeff Sessions whose own party felt tha he was not fit for a job on the federal bench. "President Ronald Reagan nominated him to a judgeship on the United States District Court for the Southern District of Alabama in 1986, but the Senate confirmation failed after it was alleged that he had made racist remarks to a colleague." http://en.wikipedia.org/wiki/Jeff_Sessions
This is his record. http://www.issues2000.org/senate/Jeff_Sessions.htm
Is it possible that his analysis of the cost of the ACA is biased? Just asking?
When you end a sentence with a question mark it is accepted that you are asking a question. What in the hell does it mean when you add another part to that sentence that says says "just asking"
Are you saying that because he made racist remarks ala the long serving Democrat Senator and KKK member Robert Byrd that means that he is lying and that is why he would be willing to request to 3rd party for verification?
What exactly are you saying? The fact you have 4 up votes is disgusting. Any American with any concern for the future of this country should want to know as much as they can about a bill that was not read or understood by one f'ing person that voted for it nor the person that sponsored it.
Thank you Jeff Sessions for your research. Thank you for having your staff actually READ the bill.
And Ella I hope you get what you deserve your sad excuse for an American and prime example of what has caused the mess this country is in.
Take your idiotic 'views' and ram them up your snout. Who the fuck are you to make any kind of 'judgement' about a person's qualifications at being a citizen? Yes it is a question, and what point ella was making was one of Socratic irony. She was also factually accurate.
Your final statement shows your head is so far up your ass the only thing your eyes and mouth could exude is excremental projection. You are a pathetic waste of time.
Cliched pretentiousness is not socratic irony.
Facts do not equal intellectual honesty.
Who am I? Someone who has the audacity to think that reading a bill and understanding its implications is mandatory before agreeing to enforce the laws it stipulates on your constituents. Anyone who would bring up a 30 year old issue to question the character of an individual who is applying his resources to understanding what the consequences are is disgusting and wrong and deserves exactly the world they will get.
Source can include the material as well as the individual interpreting the material. Attacking an individual for questioning the source... Oh Well. I suspose that if Obama told you something you would not question it.
FWIW Dept:
Think of Peter 'The Piper' Orszag, who plays backup for opposing teams, ie. both sides of the fence - both GOP [code-name, pinky?] & DEM's [code-name, babyblue?], pathetic!
First: CBO director [Congressional Budget Office] for the Bush-baby, "The Decider via 'Eminence grise" [Darth Vadar?], 2007 - 2008 ___ Nice!
Second: OMB director [Office of Management and budget] for B. Hussein O'Bambi __ Jan/2008 - July/2010 [~18 months?],... hmmm, timing is everything - strange turnover? Yes, Mr. Boyish Smiley Fuckface, was the force behind "The Affordable [Obamacare] Care Act" along with Timmah!
Ironically, once legislation passes, Peter-the-Piper moves on? Takes a short sabbatical and wallah,... winds-up as the Vice Chairman of Citigroup's, 'Global Banking' via Rubin-ski?
Any questions about which party wanted what is a no-brainer. For as I've said before, and others many times - Obama is just carrying the torch for the next NWO director. I salute Sessions!!! He has America's best interest in his heart.
Is it possible that his alledged "racist" remarks were from a baised source as well?
As soon as someone is "fails" based on alleged "Racist" remarks....the probability is that they would vote for cutting back Fed Gov't bloat or increasing States rights.
Throw that on top of the staggering losses from federal housing policies, and we have a staggering cost to government policies.
http://confoundedinterest.wordpress.com/2012/03/31/housing-market-losses-at-11-66-trillion-but-still-less-than-obamacare-funding-hole-at-17-trillion/
It will be interesting to see if the Supreme Court will be stupid enough to pick this baby up.
$17tn here,$17tn there.
Come back Bernie Maddoff,all is forgiven.
Is anyone really surprised Obama/Romney Care will be more expensive (if for some odd reason the SC doesn't strike it down) than originally purposed and will be a ripoff to any tax paying citizen?
That's not much of a hole; plug it with this and still have change left over:
http://www.google.com/search?q=zimbabwe+100+trillion+note&hl=en&client=f...
what do you expect when the cluster^%$#s we have in congress and the community organizer in chiefs get together to change the world. Like the twisted ding-bat pelosi said - we have to pass it to find out what's in it. Now we know. so can we kill it????
For those of you who actually have brains, it should come as no surprise at all that our beloved, hopey changey, Chalky Soetero is a breathing lying sack of Marxist shit. Say literally anything, and act like it's the truth [thank you J Goebbels] and the sheeple will nod their heads and then go off to watch American Idol or some other drivel.
We tried to warn you in 08, but you wouldn't listen because after all, how much worse could it be after Bush? That you believed anything this dipshit said says more about you than about him. So, now that the gig is almost up, I just got one question for the libs here: going forward how are you going to cheat the math now? Interest rates can never ever rise again, or all of the US GDP will be needed to just pay interest on Chalky's debt. All of your wonderful redistributionist schemes are bullshit now: tax the rich 100% and it wouldn't run gov't but a week or so.
The truth is the game IS over: math says so, just go ask Greece. It's only a matter of time until the riots and all the shit Amerikans watched on TV about Greece, start happening here.
http://vegasxau.blogspot.com
As if that old fart McCain and caribou lady would have been any better. Does anybody here remember the Republican convention of 2008? It was fascist dreck.
Other than Ron Paul the Republicans don't have anyone. You'll get the affirmative action nig for another 4 years.
I agree other than he is a lying sack of fascist shit. While it was a total hell hole, giant corporations did not run Stalin's Russia.
Of course everything is the fault of one black guy, nothing bothered you while you weren't affected, now its cut into your bonus you scream "why me" you social darwinist types make me puke.
Be a good little ubermenschen and fetch me some zyklon B for my shower would you.
Ah diddums mr vegas, but ill bet your blog explains everything........
Actually i looked, its just a rehash of other peoples bad ideas and the usual buy paper gold shit, kinda like your life to date i guess.
Happy birthday mr vegas:-), funny how its aprils fools on the same day....
Us "libs" find that tres drole.
Divide and conquer works real good on muppets like you.
All the money goes to the insurance companies that wrote the bill. Why is anyone surprised they stole our future. Again.
Bu, bu, but dah Terduckicans an' Democravs are teh sayme... raight eveva one? raight?
Weeeeee, Ima feeence jockea. OLOLOOOk ever one. Iama reeeding dah feeence1111111111111111!!111111
Voat far duh guy who hate dem JoOOOs. Ruin Paal. cause he hate dem JOOs anddem darkies. an tat's whats we needdd.
That Thursday/ Friday melt up sure pissed some people off! Don't worry posters, Q-2 is gonna be fun.
Oh, OK. It says $17 trillion over 75 years. That's a big fat $226 billion per year. Discounted, at 5%, an average of $58 billion per year. That's about 2.6% of 2006 health care spending levels, or about 1% of projected health care spending levels. So is that the error range in....ANYTHING projected over 75 years? Seems kind of stupid.
I guess the Tylers left the math at the bar last night? Really, what is this even about? Playing with decimal places and using a century long projection to make fools out of the credulous?
Oh well, whatever: EVERYBODY PANIC
By the way, someone project pet food sales over 75 years so we can get all frothy about that too. And what is the S&P going to be in 2087? LOL...Jesus....
Hey Jim...the difference is Gov't mandated versus free market (pet food sales...S&P).
See the huge difference? Well the S&P under Turbo tax Timmy and Ben Dover Bernanke is soon to be Gov't mandated as well.
I am not saying anything good about the law. I know for a fact that the health insurance industry is delighted with it, which should give anyone pause.
We just have enough to deal with without overblown, faux-apocalyptic headlines based on nothing...or worse, parroting conventional MSM-style garbage points for the dimwits who planted this story.
J in M
Sad part, is that when 75 years is bandied about, it's like the 25 year projections, when ironically the first year or two come in alittle over budget, massaging the numbers becomes routine[?], but the reality hits finally when the 'Happy Ending' wears-off, and the mystics disappear miraculously,... while the deficit-lag increases exponentially, as we've seen with our; thy-daily-bread-budget, gone missing or stale?
Social Security is NOT to be lumped in with Medicare and Medicaid unless you're a Republican jackass. It's amazing how "there's no difference between the two political parties" but the word choice says there is. I pay into my own Social Security.
Republican tax cuts have been in place now for 11 years. Where are the US jobs? ALL Congressionsal Republicans and the Republican leadership, including Murdoch, Ailes, and Limbaugh, should be out looking for jobs. Take the Faux Noise cameras, the ACORN pimp and prostitute, and film the process. In my state, with the Republican tax cuts in place for a decade, there were only 2,000 private sector jobs created in one year. We have to get to the point in the US where we confront Republicans and call them liars to their face. They have to hear it and understand it. They don't have to like it. Oh, yeah, I forgot, "both parties are the same."
These numbers are completely pulled out of southern-belle yoda's effeminate a#$. How come all you twits who happily swallow right-wing obfuscation and lies about Obamneycare don't get all upset by the unfunded liabilities of national security and defence? Oh yeah, that's right you are all full of sh&*!
Talk about being full of shit...
Its quite possible (and common in this particular neighborhood) to have a problem with both. The fact that your immediate response is "Well what about XYZ"? should tell you something- you arent thinking, you are regurgitating a script designed to refute some other tard with another script.
Your head is stuck in a very dark place with alot of methane- pull it out quickly because you're running low on functional neurons.
I think you may have this site confused with CNBC? Check your search engine again, this is Zero Hedge, right church, wrong Pew.
The overwhelming majority of information that you find here pertaining to economics is bullshit. The same goes even farther when it pertains to understanding of taxation, health care and unfunded liabilities.
Consider that the opinions of some of the world's largest hedge fund managers who manage money for the elites are advanced and promoted here as facts, rather than as orchestrated hedge fund disinformation. The goal of these think tank agents is advancement of policies that benefit rent seekers at the expense of the public. The one idea that is getting a lot of attention is interest rate income, here, the goal is to increase the amount that the government distributes as interest payment, To achieve this, they propose cuts in Medicare.
But the most blatant lie is that increasing taxation on the top income earners won't bring any additional revenue: if one doubles effective tax rates to 40% on the top 5% that alone would bring in excess of $500 billion.
Now, if you consider at what income does the 5% start, it's $159,619 in 2010. Perhaps the government has grown too fucking big?
Careful Mr Charybidis.......
Any posts that do not reflect, proclaim and espouse current republican party talking points will be deleted/edited after posting.
You have been warned.
And their solution is to monetize the whole she-bang! I wonder if it will happen in my lifetime... Hey bud, can you change a "Googolplex Dollar Bill?"
The big numbers past a trillion, in ascending powers of ten, are as follows: quadrillion, quintillion, sextillion, septillion, octillion, nonillion, decillion, undecillion, duodecillion, tredecillion, quattuordecillion, and quindecillion (that's 10 to the 48th, or a one followed by 48 zeros). But wait -- there's more.
The highest number listed on Robert Munafo's table, which coincidentally is our new favorite number, is a milli-millillion. Say that three times fast! That's 10 to the 3000003rd. For something closer to home, a centillion is 10 to the 303rd.
The googolplex has often been nominated as the largest named number in the world. If a googol is ten to the one hundredth, then a googolplex is one followed by a googol of zeroes. Ugh, we think we feel a headache coming on.
The aforementioned mathematician and large number fan Robert Munafo offers a table of megadigits on his personal page. You'll also find some biggies at Russ Rowlett's page at the University of North Carolina.
There are many people who believe that all Treasury securities are as good as cash.
In fact, Bruce Webb at Angry Bear thinks they are better than cash, for Treasuries pay interest!
He probably belongs with many others, so many that the viewpoint has a name: ThE Trust Fund Perspective.
These people believe that Medicare Part D is fully funded!
As you know, Part D is funded 25% by beneficiaries and 75% by general revenues, which is an immediate budget expense.
Despite the cash flow, many, many peoiple believe Part D is fully funded.
So, what's $100 trillion, if it is already paid for when it is issued, either in 75 years or in 2 years!
Don Levit
Something interesting happened since Obamacare was passed. Charity care is disappearing because the "government will take care of it". What happens when it's declared unconstitutional? Charity will likely not return. How will people who need health care get it?
Chalk another one up for unintended consequences.
As far as charity goes, depends on where you live I guess. Im in a very small town and fundraisers are common for these things, Ive bought tickets to multiple gun raffles and money raising lunches and donated small amounts of money outright- all for medical costs. Ive been told that the gun raffles arent necessarily entirely legal, but Ive heard even the cops buy tickets with a wink and a smile. There is nearly always a fundraiser going on for someone, one guy raised $25K for a medical procedure over the last two months that he will be having this month. Small communities find ways to pass the hat so to speak.
In a large city where nobody knows anyone else or gives a damn? Good luck.
Its about loyalty,
Its not about loyalty to the country i live in or its govt, its not about loyalty to money or even to a political party, its about loyalty to my community of friends and family.
IMHO
No worries, this government won't last another 5 years, much less 75.
Whoever the next president is may well preside over the downfall of America.
I've done some actuarial simulations, and it appears that the entitlement funding gap will work itself out once the young start eating the old.
Anyone who listens to that crooked cracker and thinks he is telling the truth should have their head examined.
So?
The whole debt based global economy is set up to entrap sovereign nations into "debts" so huge that they are maneuvered into joining the New World Order.
Sure, there's a little fussing and fighting, but just like the E.U., America will join the NWO. Indeed, America is the military center of the NWO empire.
All in due time.
Gary Johnson, Iron-Man Triathlete, high-tech services entrepreneur, and former 2-term governor of New Mexico, now ex-GOP running for President on the Libertarian ticket will be Stephen Colbert's guest on Monday, April 2nd.
http://www.garyjohnson2012.com/front
http://www.nakedcapitalism.com/2012/04/marshall-auerback-and-randy-wray-america-needs-healthcare-not-health-insurance.html