Much worse than you probably think , as the funds will not meet the obligations in another few years.
The figures exist, but they are ignored. News reports regularly inform us of the growing federal deficit, projected at a stunning $1.75 trillion for fiscal 2009 and $1.17 trillion for 2010. But regularly reported, less visible government obligations have been growing much faster.
In the four years from January 2004 to January 2008, the Medicare trustees reported that the unfunded liabilities of Social Security and Medicare grew by a stunning $10.4 trillion. The average annual growth topped $2.5 trillion.
How will future generations pay these costs ?
If National Health Insurance is put in force, will it follow these two programs into insolvency?
As SS was to be a trust account but has been raided for general funds how much more tax will every worker have to contribute for each program ?4 AnswersGovernment1 decade ago
Now more than ever before, the people are responsible for the character of their Congress. If that body be ignorant, reckless and corrupt, it is because the people tolerate ignorance, recklessness and corruption. If it be intelligent, brave and pure, it is because the people demand these high qualities to represent them in the national legislature
Which way is Congress acting ?6 AnswersGovernment1 decade ago
We are citizens in a Republic but governed by majority
How, then, can the rights of three men exceed the rights of two men? In what possible way can the rights of three men absorb the rights of two men, and make them as if they had never existed. . . . It is not possible to suppose, without absurdity, than a man should have no rights over his own body and mind, and yet have a 1/10,000,000th share in unlimited rights over all other bodies and minds?8 AnswersPolitics1 decade ago
As it seems the 2 Party system is not representing the citizens of the US and that minor parties can and will not gain support to become any more than a spoiler in elections
When will the voters within the US wake up and take back both their rights and the right to elect people to represent them ??.
As I read posts on here i keep seeing Bush did this and Obama did this .
As the people of the nation elected the President through the Electoral College they were or our the national leaders.
Yet the check to presidential power is the legislators , I seen no movement of the citizens to demand they represent anyone but themselves and their party.
How is this going to change?7 AnswersPolitics1 decade ago
The Laws of Ducks
Duck Law No. 1
If it walks like a duck, talks like a duck, looks like a duck and cooks like a duck, it's a duck.
Restatement: All things are known by their attirbutes.
Duck Law No. 2
Even under ideal circumstances, no duck, no matter how noble or well-intentioned, can be an eagle.
Restatement: All things must be what they are.
Duck Law No. 3
A duck can pretend to be an eagle except in times of adversity.
Restatement: Pretense and adversity are inversely proportional; adversity reveals the true nature of all things.
Duck Law No 4
No duck may be an eagle until it abandons its webbed feet and bill for talons and a beak.
Restatement: All things remain as they are until the attributes that define them are abandoned. Then, and only then, can they evolve.
Duck Law No. 5
Ducks are noble creatures. They shall not be penalized in the eyes of other creatures because they are not eagles.
Restatement: All things are honorable if they are what they are honestly, even if they are different from you.
Duck Law No. 6
The greatest duck that ever was cannot cannot fly as high as even a modest eagle.
Restatement: If one would soar with eagles, do not swim with ducks.
Duck Law No. 7
Ducks flock. Eagles fly alone. Ducks and eagles never mingle.
Restatement: Choose company wisely.
Duck Law No. 8
A duck's quack doesn't echo. No one knows why.
Restatement: Sometimes there is no answer.2 AnswersLaw & Ethics1 decade ago
The economic miracle that has been the United States was not produced by socialized enterprises, by government-union-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.
-Milton Friedman4 AnswersOther - Politics & Government1 decade ago
U.S. Secretary of State Hillary Clinton told American lawmakers in an unusually blunt statement Wednesday that Pakistan's leaders were "basically abdicating to the Taliban."
Seeing as the war was in Afghanistan and now is in Pakistan who is responsible for its spread?5 AnswersGovernment1 decade ago
People seem to think the money they may get is a Free Gift form someone .
What is the source of the funds used to send out these checks?.
Should people who receive welfare have the amount of the check deducted from any payments they now get?
Is this the words of the new president and congress?
From each, according to his ability; to each, according to his need.10 AnswersGovernment1 decade ago
The salary of US senator is around $174,000 a year . This does not include staff pay and office which are extra.
In Minnesota right now with contested election cost to run for Congressional seat is $ 50 Million. Between Frankin and Coleman this is the amount they have spent to buy a $174,000 salary for the year.
Yes it is a 6 year term but isn;t $25 Million each a little high of price to get elected?
Should election spending and campaign laws be changed so not only the rich can run?
Are people getting what they are paying for ?
Can a working class person ( Under $50,000 year )person run for office ?
Do either party think they are buying the best people to represent the citizens of their State?4 AnswersElections1 decade ago
You are not here merely to make a living. You are here in order to enable the world to live more amply, with greater vision, with a finer spirit of hope and achievement. You are here to enrich the world, and you impoverish yourself if you forget the errand.1 AnswerOther - Politics & Government1 decade ago
Any attempt at a rational discussion of the economic realities of government-controlled medical care is almost certain to run up against the trump card of the political left: The Poor.
The image that is often invoked is that of the elderly poor, forced to choose between food and medical treatment. Who could be so heartless as to abandon them to the vagaries of the free market?
This has proved to be a very effective political strategy for extending government power, not only over medical care but also over housing and other sectors of the economy. The phoniness of this argument becomes apparent the moment you suggest that money be set aside specifically for dealing with the special problems of the poor, rather than bringing whole sectors of the economy under the dominance of politicians, bureaucrats and judges.
The amount of money needed to take care of the poor is often some minute fraction of what sweeping new government programs cost. But, while big government liberals are willing to use the poor as human shields in their political battles, their more basic strategy is to proclaim that everyone has a "right" to some "basic need" that they want the government to provide.
As a matter of practical politics, programs for the poor alone do not have as large a constituency as programs to give everybody some benefit, so that we can all have the illusion of getting something for nothing — or at some arbitrarily defined "reasonable" or "affordable" price.
-Thomas Sowell,5 AnswersGovernment1 decade ago
After the uproar at AIG for retention bonus payment , special tax laws were passed in Congress to punish those who were to receive them.
Now that the people at Fanny and Freddi are to receive bonuses , and they are government back and got larger bailout than AIG ..
Should the people of those two agency's be required to return them or be under the same tax penalty.?
Should the citizens and members of congress voice their displeasure with these bonuses also as loud and as long as they were for AIG ?2 AnswersGovernment1 decade ago
Story out of Texas of 4 people in car who shot a dog on the property of the owner late at night.
The owner happened to be a former Navy Seal who was part of operation where he was the lone survivor of the failed operation. He was held captive and finally released but the dog was a therapy tool given to him while hospitalized for injuries he received while captured in Afghanistan.
His name Marcus Latrel author of book , The Lone Survivor6 AnswersLaw & Ethics1 decade ago
Felipe de Jesús Calderón Hinojosa: The president of Mexico has called for tighter enforcement of US gun laws to the outright ban of sale of guns in the US as it is creating a crime problem in Mexico.
He is also saying the US is not doing enough to control drugs in the US.
Shipments on any goods leaving Mexico are subject to search by US Customs but anything going into Mexico he now says the US needs to inspect. As it is a US problem of and for the crime in Mexico in allowing guns to be exported and drugs to be sold here.
The weapons that have been siezed by the police or military in Mexico, serial # or mfg. will not be released to the US to trace.
Yet the call is to ban sale in the US of any and all types of military or legal firearms that might end up being transported to Mexico.14 AnswersGovernment1 decade ago