Tea Partiers Say They Would Absolutely Abolish Social Security

by sammielee24 108 Replies latest jw friends

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  sammielee24

  It's all the same JW...too many examples to list. You can keep going on but the fact is that government money is taxpayer money. If you whine about one government program being welfare, in fact label it as welfare and let's be reminded that social security is tax payer money, then money paid out of taxpayer funds is welfare.

  Now - what do you think! Todays Huffington Post has an article in it today about this subject...this is just part of it. Oh...PS...by the way. No hater here - just keeping it fair and balanced. sammieswife.

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  The Republican Party and major corporations have joined forces in the first major rearguard attack on health care reform, charging that the cost of complying with "Obamacare" is resulting in hundreds of millions of dollars in added business expenses.

  The crime that reform is guilty of: Slashing corporate welfare.

  Under the previous system, major corporations were subsidized by the government to provide prescription drug coverage to their retired employees. At the same time, corporations could claim on their tax returns that it was they -- not the taxpayers -- who paid for the drug coverage, and could write the expense off as a tax deduction.

  Health care reform cuts out that fat. The corporations still get taxpayer money to help pay for their drug coverage, but they can no longer continue the fiction that they're using their own money to do it.

  Being forced to operate on a diet of leaner corporate welfare benefits will make U.S. companies less able to compete, Republicans argue. Removing the benefit will also force large corporations to compete on a level -- or at least closer to level -- playing field with small businesses, who don't get the subsidy. The charge-offs play into the line that Republicans are pushing -- namely that health care reform is a "job killer."

  So far, Boeing, AT&T, AK Steel, 3M, Caterpillar, Deere, Prudential and Valero Energy have all said that reform is forcing them to take significant charge-offs on their balance sheet. The welfare cuts don't go into effect for several years, but accounting rules require the reduction to be taken in the year the law is passed.
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  JWoods

  It's all the same JW...too many examples to list. You can keep going on but the fact is that government money is taxpayer money. If you whine about one government program being welfare, in fact label it as welfare and let's be reminded that social security is tax payer money, then money paid out of taxpayer funds is welfare.

  Very slowly now - what I said was: Money paid someone by the government for no service rendered is welfare. Social security is partly a payback of taxpayer (and employer) investment in the program - that part of it is not welfare. Social security payments over what is paid into the system is a form of welfare.

  Money paid to a corporation, say to Boeing Corp for the Air Force One, is not welfare. There is an equal value received.

  Money paid to a corporation, say to Archer Daniels Midland, as a subsidy to economically assist ethanol production by them, to sell on the open market, is in fact corporate welfare.

  The difference is whether a service is rendered equal to the value of the payment.

  You are trying to argue that all government payments to the private sector for goods or services received is welfare, and that is bullshit.
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  Gregor

  All yuns' need to relax. If you can't relax take exlax. This will all start to clear up soon.
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  llbh

  BTS do you know much about Greek history?? The reason i asked, is that when you say Capitalism can wok in Anarchy you show that you have not learnt the lessons of history and thus are doomed to repeat it

  David
• 

  JWoods

  BTS do you know much about Greek history?? The reason i asked, is that when you say Capitalism can wok in Anarchy you show that you have not learnt the lessons of history and thus are doomed to repeat it

  BTS can answer for himself, but in the most anarchistic societies in recent history (Soviet Union and Red China come to mind) there has always been an under-economy of capitalism. In both cases, capitalism has today pretty much supplanted most of the Anarchy.

  An exception might be North Korea, but I suspect there is a capitalistic black market there too. It is the system that works the best: people want to be directly paid for the work they do.
• 

  Gregor

  In any case, I feel depressed now, and I don't know why. I don't necessarily feel like I should have been there, but that it reminded me of my own lack of spirituality. Or emptiness. Or loneliness. Like something in me is meant to be filled, either spiritually or socially.

  The emptiness that I feel and the awkwardness with my wife is not something I want to live with the rest of my life.

  Good points, JWoods. But in N Korea the capitalist black market is not robust enough to prevent a huge number of the lowly populace from slowly starving to death.
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  llbh

  J Woods, you are incorrect to both in the general and the particular.; The USSR and China were the very opposite of anarchic, they were very tightly controlled societies,as in the Time of Draco who followed Anarchy. History does have lessons for us.
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  Snotrag

  Is the government too big to fail? Yes. As long as the government can produce money it cannot fail. The inflation after vietnam was a government ploy to pay off the notes generated for the war. The coming inflation will do the same for the current debt. The only winners will be those who are in debt because those will pay their debts with valueless money. Those in banking know this and that is why they are in debt to the maximum they can be. The reality of modern life is the system cannot be changed. The curve may be altered for a while but not changed. There are too many vested interests who have (and will keep) control of the banking system. The Tea Party yelling is just so those in power can misdirect passions of the illiterate until they take their profit. Everything else just doesn't matter, your time here is limited and so are your children and their children but corporations go on forever.
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  BizzyBee

  Another excellent post, mindmelda.
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  llbh

  mindmelda, you are spot on in all respects in your analysis. I would add on something else; what about the the profligate banks who took so much of the taxpayers money, are they bastions of capitalism or socialism?

  On my side of the pond, irresponsible banks have cost us big time, and caused our deficit to to balloon, we would not be in nearly the amount of crap we are now were it not for them.

  David