RE: Shocker, debt unsustainable...

RE: Shocker, debt unsustainable... (Full Version)

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Marini -> RE: Shocker, debt unsustainable... (7/28/2010 8:51:23 PM)
quote: ORIGINAL: MercilessMarcy First, NO, I don't believe our country is PURPOSELY being destroyed. I think our systems no longer work due to corruption and that we have simply outgrown them. The changes that are needed are politically explosive and will not be made until after global mega-depression FORCES us (as a nation, and the world governments as well) to make fundamental changes. Ignoring a problem will not prevent it from happening. After a mega-depression radical reforms will eventually be made. Major reforms are needed POLITICAL REFORMS i.e. Campaign finance reform, Media reform, Lobbying reform, Improving governmental efficiency Spot On, our country used to be great, but we have allowed a multitude of mistakes, including rampant unbridled outsourcing, and corporate greed to bring us to the sad state that we are in now. We might as well accept the fact, that this is an "end" to an era. Change is coming! PRODUCTIVITY IMPROVEMENTS (think automobile industry for one) there are ten and too complicated to name here. Econonic Stablization: reforms will generate investments and consumer confidence, and ensure that the bubbles that created the mega-depression never happen again. (housing bubble, banking bubble, stocks and derivatives, foreign exchange, bonds, gold) There will be three major problems of the Mega-Depression, with inflation being extraordinarily high all over the world, international trade will virtually collapse, and unemployment will be very high everywhere. Think-Tanks at McGill University believe inflation will be addressed by the implementation of EPRITS (electronic Property Rights Transfer System). Unemployment will be addressed by welfare and employment/unemployment benefit reforms. Balanced trade will be addressed through the implementaion of the IMU (International Monetary Unit). Which means, yes, the dollar will fail, probably by 2012 or 2013. These are very complex problems, but they do have solutions. PREPARE YOURSELVES Depression, by definition is "prolonged recession" we are riding this train right off the tracks. Great post!

Termyn8or -> RE: Shocker, debt unsustainable... (7/28/2010 9:07:35 PM)
"Is someone trying to break this country?" YES. T

domiguy -> RE: Shocker, debt unsustainable... (7/28/2010 10:00:54 PM)
Oh shit!!!! The dollar is going to fail by 2012 or 13 at the latest!!!! Marini thinks this was a "Great Post!" First it's the terrorists, now it's the depression (that we are not in). God, I hope she quotes my post and gives me an "atta boy!," too.

Marini -> RE: Shocker, debt unsustainable... (7/28/2010 10:54:36 PM)
I will give you an "atta boy" if you promise to jump off the highest building in Chi town, and have the anteater videotape and put it on U-tube. Make sure you rent a custume similar to your avatar, and make sure the anteater videotapes and is able to authenticate the jump, so that we know it is really you. Then I will say "atta boy" he is gone, and we can wait for the rapture to bring you back here. You know, I agree with everyone that agrees that we are headed for a Depression. silly raptor, tricks are for kids

hlen5 -> RE: Shocker, debt unsustainable... (7/28/2010 11:28:02 PM)
MercilessMarcy, Are you prepared for a global melt-down?

tazzygirl -> RE: Shocker, debt unsustainable... (7/28/2010 11:38:45 PM)
hi Master Bull A report from 1999 listed the following as the overhead costs for hospitals... 22% of US health care spending is estimated to be for administration, broadly defined to include: health insurance (public + private) admin costs hospital, nursing home, and other institution administration docs' office costs (45% of gross office income) Himmelstein, D.U., Woolhandler, S., "Cost Without Benefit: Administrative Waste in U.S. Health Care," N Engl J Med, February 13, 1986, 314, pp. 441-445. Letters and authors' rejoinder, N Engl J Med, October 16, 1986, 315, pp. 1033-1035. ...... Canada's system outlaws private health insurance, except as supplemental. Global budgeting for hospitals: Each hospital gets a lump-sum payment to cover all its spending. (sometimes called "prospective budget review") This eliminates the need to track and bill costs and charges for individual patients. "virtually no billing department" ........ Shriners' hospitals in US have low administrative costs (2%), being entirely philanthropy supported. http://hspm.sph.sc.edu/Courses/Econ/CLASSES/Class10.html The last, about the Shriners, is something i have known about since my son was 5 and needed their services.

Cherylmazana -> RE: Shocker, debt unsustainable... (7/29/2010 12:12:31 AM)
If you are talking about how other countries health care systems work I can give an idea of how it is seen by the average person as in the UK approximately 11% of your gross wage is taken out for health care and to pay for unemployment benefit and sickness benefit, unemployment though is only paid to those who have worked long enough to claim it. Employers pay as well so in effect every employer is paying into a health care plan for their employees. That 11% means that no one has to sell their house or go bankrupt or hungry to get health care. Not every drug is available through this system and for non urgent operations you may have to wait a while but you will get it no matter how many other times you have seen a doctor or had operations in the past. Some employers also offer private health care as well, usually this operates as a mix of seeing a national health doctor who then refers you onto the private doctor to get any operations etc. As I know people who do just this I can say this is the best solution if you can afford it, on mine and my husband’s wages we can’t. As I talk to a fair amount of Americans and even work with some who have moved from America to here I have to say I would hate to be in America working for an employer who didn’t provide health care, or be in a situation where no company would insure me, in the UK it is never a worry. If done right national health care could be a blessing for many. Cheryl

VideoAdminRho -> RE: Shocker, debt unsustainable... (7/29/2010 12:35:40 AM)
The topic of this thread is health care and debt, not 'birthers'. I have removed several posts for hijacking and personal attacks. Please keep to the topic and avoid taking personal pot-shots at other members. Thank you.

hlen5 -> RE: Shocker, debt unsustainable... (7/29/2010 7:02:38 AM)
([sm=afraid.gif]Actually the topic was is there some entity trying to break the country via debt)

thompsonx -> RE: Shocker, debt unsustainable... (7/29/2010 10:00:10 AM)
quote: ORIGINAL: xBullx quote: ORIGINAL: juliaoceania Since their citizens get low cost healthcare, probably[;)] So you'd sell your freedom for free health care? I am sure you are aware of the provisions of the patriot act...so just which freedoms are you speaking of trading?

xBullx -> RE: Shocker, debt unsustainable... (7/29/2010 12:32:55 PM)
quote: ORIGINAL: thompsonx I am sure you are aware of the provisions of the patriot act...so just which freedoms are you speaking of trading? <------Not a supporter of the patriot act.

thompsonx -> RE: Shocker, debt unsustainable... (7/29/2010 12:36:49 PM)
quote: ORIGINAL: xBullx quote: ORIGINAL: thompsonx I am sure you are aware of the provisions of the patriot act...so just which freedoms are you speaking of trading? <------Not a supporter of the patriot act. Another point of common ground twixt thee and me. The question remains though...which freedoms are you speaking of trading?

xBullx -> RE: Shocker, debt unsustainable... (7/29/2010 3:09:16 PM)
quote: ORIGINAL: thompsonx Another point of common ground twixt thee and me. The question remains though...which freedoms are you speaking of trading? Well, I was attempting to imply that creditors like China could end up as the landlords so that being the case I'd say a rather large number of freedoms, but honestly I don't know what freedoms their current populace enjoy....if any. So I was speaking somewhat rhetorically.

AnimusRex -> RE: Shocker, debt unsustainable... (7/29/2010 5:09:23 PM)
OK, back to the budget deficit, one of my pet topics. First, I read the article; it projects that the health care reform will add to the deficit; but take a look at this graph to see what is also adding tremendously to the deficit- namely the Bush tax breaks for the wealthy- that huge orange slice of the graph in the middle. But I have to ask why when we are talking about the massive government spending and debt, we immediately leap to cutting health care; Here is the current FY 2010 budget numbers (In very round terms, courtesy of Wallstats.com and yes, I know I have listed these several times before) 1. Debt Service 400 Billion 2. Medicare- 600 Billion 3. Social Security- 1 Trillion 4. Defense- 1 Trillion 5. Every other damn thing the Gov't does- 500 Billion Total= 3.5 Trillion Income- about 2.1 Trillion (including the 1 Trillion from Social Security payroll tax) Deficit- 1.4 Trillion Lets all agree we want to balance the budget. Where do any of you see 1.4 Trillion in cuts? Seriously, take a moment yourself and write out the 5 categories with the numbers you would like to see. I just don't think it is possible to balance the budget without rescinding the Bush tax cuts, but if it were up to Presnit Animus, I wind down the wars and stop spending a Trillion dollars a year trying to build roads and schools and hospitals in Afghanistan, before I tell Grandma she has to start eating cat food, or tell an unemployed waitress that she has to suck it up and do without those chemo treatments because she doesn't have insurance. [image]local://upfiles/280232/99A6FD134E6848DAB849E54829B35B53.jpg[/image]

thompsonx -> RE: Shocker, debt unsustainable... (7/29/2010 5:23:56 PM)
quote: ORIGINAL: AnimusRex OK, back to the budget deficit, one of my pet topics. First, I read the article; it projects that the health care reform will add to the deficit; but take a look at this graph to see what is also adding tremendously to the deficit- namely the Bush tax breaks for the wealthy- that huge orange slice of the graph in the middle. But I have to ask why when we are talking about the massive government spending and debt, we immediately leap to cutting health care; Here is the current FY 2010 budget numbers (In very round terms, courtesy of Wallstats.com and yes, I know I have listed these several times before) 1. Debt Service 400 Billion 2. Medicare- 600 Billion 3. Social Security- 1 Trillion 4. Defense- 1 Trillion 5. Every other damn thing the Gov't does- 500 Billion Total= 3.5 Trillion Income- about 2.1 Trillion (including the 1 Trillion from Social Security payroll tax) Deficit- 1.4 Trillion Lets all agree we want to balance the budget. Where do any of you see 1.4 Trillion in cuts? Seriously, take a moment yourself and write out the 5 categories with the numbers you would like to see. I just don't think it is possible to balance the budget without rescinding the Bush tax cuts, but if it were up to Presnit Animus, I wind down the wars and stop spending a Trillion dollars a year trying to build roads and schools and hospitals in Afghanistan, before I tell Grandma she has to start eating cat food, or tell an unemployed waitress that she has to suck it up and do without those chemo treatments because she doesn't have insurance. [image]local://upfiles/280232/99A6FD134E6848DAB849E54829B35B53.jpg[/image] There you go with your gawd damn facts and logic. Why are you so obsessed with facts and logic? Why do you hate morons? Morons are what made amerika.

cloudboy -> RE: Shocker, debt unsustainable... (7/30/2010 5:58:13 AM)
Before Ronald Reagan, the US was the world's largest creditor nation, after him, it became the world's largest debtor nation. The single greatest driver of federal spending over the past 100 years has been war and military spending. Enter Ronald Reagan, who found that you could have both GUNS and BUTTER during peacetime, long as you did so by not hiking taxes too much.

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