We've all heard the arguments over who is bankrupting the country, the poor, the elderly, the sick, the Congress, etc. Does the money tell us anything? It does.......if we could ever see it, you know, the for realz.
How much are we paying in interest on the National debt, bearing in mind that we are steadily ADDING TO the debt every month, increasing the interest exponentially? We must also keep in mind, that we're ( supposedly) paying interest on the money stolen from our Social Security and Medicare trust funds, further adding to our total interest payments. I'm guessing that the total interest payments are larger than many countries entire annual budgets.
Due to increased lifespans, there is the argument that Social Security will become insolvent soon, but what that really means is....................the Government will reach a point where it cannot buy back enough Treasury bonds to meet commitments.........................and pay itself too. How much are we paying for non contributory Federal retirement, that former lawmakers, judges and secretaries draw for life? With folks living longer, folks getting 100% retirement payments, that are 100% taxpayer funded, are growing at an exponential rate. Who costs more; the 70 year old person on Social Security, who paid in a percentage of their wages for 55 years, now getting a percentage of their working wage who lives to 103 - or - the 54 year old former lawmaker who contributed nothing, getting 100% of the their working wage who lives to 103? Yeah.
Tell me, who is it that keeps trying to tell us that those who paid into Social Security all their working life, now drawing a pittance are bankrupting the country? Oh, yeah, that's right..................the very people drawing 100% of their working salary in retirement, who paid nothing. How many former Congress people/secretaries/judges are we paying full salaries to? How much is that costing us?
How much are we spending buying new cars, boats, planes for Federal agencies? How much in per diem are we paying every month? How much in travel expenses? There are 10's of 1000's of line items, for which we have no idea of the amounts involved. Do Federal agencies submit budgets? Do they have to follow that budget? Who has oversight to ensure that our money is being spent wisely?
While politicians keep us looking HERE for the source of our financial woes, they're steadily spending our money unrestrained over THERE. I say...............show me the ^#$* money!
lpnmajor wrote:
We've all heard the arguments over who is bankrupting the country, the poor, the elderly, the sick, the Congress, etc. Does the money tell us anything? It does.......if we could ever see it, you know, the for realz.
How much are we paying in interest on the National debt, bearing in mind that we are steadily ADDING TO the debt every month, increasing the interest exponentially? We must also keep in mind, that we're ( supposedly) paying interest on the money stolen from our Social Security and Medicare trust funds, further adding to our total interest payments. I'm guessing that the total interest payments are larger than many countries entire annual budgets.
Due to increased lifespans, there is the argument that Social Security will become insolvent soon, but what that really means is....................the Government will reach a point where it cannot buy back enough Treasury bonds to meet commitments.........................and pay itself too. How much are we paying for non contributory Federal retirement, that former lawmakers, judges and secretaries draw for life? With folks living longer, folks getting 100% retirement payments, that are 100% taxpayer funded, are growing at an exponential rate. Who costs more; the 70 year old person on Social Security, who paid in a percentage of their wages for 55 years, now getting a percentage of their working wage who lives to 103 - or - the 54 year old former lawmaker who contributed nothing, getting 100% of the their working wage who lives to 103? Yeah.
Tell me, who is it that keeps trying to tell us that those who paid into Social Security all their working life, now drawing a pittance are bankrupting the country? Oh, yeah, that's right..................the very people drawing 100% of their working salary in retirement, who paid nothing. How many former Congress people/secretaries/judges are we paying full salaries to? How much is that costing us?
How much are we spending buying new cars, boats, planes for Federal agencies? How much in per diem are we paying every month? How much in travel expenses? There are 10's of 1000's of line items, for which we have no idea of the amounts involved. Do Federal agencies submit budgets? Do they have to follow that budget? Who has oversight to ensure that our money is being spent wisely?
While politicians keep us looking HERE for the source of our financial woes, they're steadily spending our money unrestrained over THERE. I say...............show me the ^#$* money!
We've all heard the arguments over who is bankrupt... (
show quote)
You are absolutely right. I look at the budget as a farce and they should be forced to do it right or removed from office. All this crap coming out about these big cities should make people face facts.
Bush had the right idea but both parties shot it down.
lpnmajor wrote:
We've all heard the arguments over who is bankrupting the country, the poor, the elderly, the sick, the Congress, etc. Does the money tell us anything? It does.......if we could ever see it, you know, the for realz.
How much are we paying in interest on the National debt, bearing in mind that we are steadily ADDING TO the debt every month, increasing the interest exponentially? We must also keep in mind, that we're ( supposedly) paying interest on the money stolen from our Social Security and Medicare trust funds, further adding to our total interest payments. I'm guessing that the total interest payments are larger than many countries entire annual budgets.
Due to increased lifespans, there is the argument that Social Security will become insolvent soon, but what that really means is....................the Government will reach a point where it cannot buy back enough Treasury bonds to meet commitments.........................and pay itself too. How much are we paying for non contributory Federal retirement, that former lawmakers, judges and secretaries draw for life? With folks living longer, folks getting 100% retirement payments, that are 100% taxpayer funded, are growing at an exponential rate. Who costs more; the 70 year old person on Social Security, who paid in a percentage of their wages for 55 years, now getting a percentage of their working wage who lives to 103 - or - the 54 year old former lawmaker who contributed nothing, getting 100% of the their working wage who lives to 103? Yeah.
Tell me, who is it that keeps trying to tell us that those who paid into Social Security all their working life, now drawing a pittance are bankrupting the country? Oh, yeah, that's right..................the very people drawing 100% of their working salary in retirement, who paid nothing. How many former Congress people/secretaries/judges are we paying full salaries to? How much is that costing us?
How much are we spending buying new cars, boats, planes for Federal agencies? How much in per diem are we paying every month? How much in travel expenses? There are 10's of 1000's of line items, for which we have no idea of the amounts involved. Do Federal agencies submit budgets? Do they have to follow that budget? Who has oversight to ensure that our money is being spent wisely?
While politicians keep us looking HERE for the source of our financial woes, they're steadily spending our money unrestrained over THERE. I say...............show me the ^#$* money!
We've all heard the arguments over who is bankrupt... (
show quote)
lpnmajor wrote:
We've all heard the arguments over who is bankrupting the country, the poor, the elderly, the sick, the Congress, etc. Does the money tell us anything? It does.......if we could ever see it, you know, the for realz.
How much are we paying in interest on the National debt, bearing in mind that we are steadily ADDING TO the debt every month, increasing the interest exponentially? We must also keep in mind, that we're ( supposedly) paying interest on the money stolen from our Social Security and Medicare trust funds, further adding to our total interest payments. I'm guessing that the total interest payments are larger than many countries entire annual budgets.
Due to increased lifespans, there is the argument that Social Security will become insolvent soon, but what that really means is....................the Government will reach a point where it cannot buy back enough Treasury bonds to meet commitments.........................and pay itself too. How much are we paying for non contributory Federal retirement, that former lawmakers, judges and secretaries draw for life? With folks living longer, folks getting 100% retirement payments, that are 100% taxpayer funded, are growing at an exponential rate. Who costs more; the 70 year old person on Social Security, who paid in a percentage of their wages for 55 years, now getting a percentage of their working wage who lives to 103 - or - the 54 year old former lawmaker who contributed nothing, getting 100% of the their working wage who lives to 103? Yeah.
Tell me, who is it that keeps trying to tell us that those who paid into Social Security all their working life, now drawing a pittance are bankrupting the country? Oh, yeah, that's right..................the very people drawing 100% of their working salary in retirement, who paid nothing. How many former Congress people/secretaries/judges are we paying full salaries to? How much is that costing us?
How much are we spending buying new cars, boats, planes for Federal agencies? How much in per diem are we paying every month? How much in travel expenses? There are 10's of 1000's of line items, for which we have no idea of the amounts involved. Do Federal agencies submit budgets? Do they have to follow that budget? Who has oversight to ensure that our money is being spent wisely?
While politicians keep us looking HERE for the source of our financial woes, they're steadily spending our money unrestrained over THERE. I say...............show me the ^#$* money!
We've all heard the arguments over who is bankrupt... (
show quote)
Vary good post I dare to say that if the American people had the complete answer we would revolt
lpnmajor wrote:
We've all heard the arguments over who is bankrupting the country, the poor, the elderly, the sick, the Congress, etc. Does the money tell us anything? It does.......if we could ever see it, you know, the for realz.
How much are we paying in interest on the National debt, bearing in mind that we are steadily ADDING TO the debt every month, increasing the interest exponentially? We must also keep in mind, that we're ( supposedly) paying interest on the money stolen from our Social Security and Medicare trust funds, further adding to our total interest payments. I'm guessing that the total interest payments are larger than many countries entire annual budgets.
Due to increased lifespans, there is the argument that Social Security will become insolvent soon, but what that really means is....................the Government will reach a point where it cannot buy back enough Treasury bonds to meet commitments.........................and pay itself too. How much are we paying for non contributory Federal retirement, that former lawmakers, judges and secretaries draw for life? With folks living longer, folks getting 100% retirement payments, that are 100% taxpayer funded, are growing at an exponential rate. Who costs more; the 70 year old person on Social Security, who paid in a percentage of their wages for 55 years, now getting a percentage of their working wage who lives to 103 - or - the 54 year old former lawmaker who contributed nothing, getting 100% of the their working wage who lives to 103? Yeah.
Tell me, who is it that keeps trying to tell us that those who paid into Social Security all their working life, now drawing a pittance are bankrupting the country? Oh, yeah, that's right..................the very people drawing 100% of their working salary in retirement, who paid nothing. How many former Congress people/secretaries/judges are we paying full salaries to? How much is that costing us?
How much are we spending buying new cars, boats, planes for Federal agencies? How much in per diem are we paying every month? How much in travel expenses? There are 10's of 1000's of line items, for which we have no idea of the amounts involved. Do Federal agencies submit budgets? Do they have to follow that budget? Who has oversight to ensure that our money is being spent wisely?
While politicians keep us looking HERE for the source of our financial woes, they're steadily spending our money unrestrained over THERE. I say...............show me the ^#$* money!
We've all heard the arguments over who is bankrupt... (
show quote)
There is no such thing as a real budget. Other countries get more in aid than our own poor do and mostly every politician retires very rich. We have SO many signs that something is drastically wrong and nobody in the government will even attempt to fix it because it benefits them. It's like....they give themselves a raise. Whoever allowed them to do that in the first place? And, why should they think they should get one when they're not even doing their job?
lpnmajor wrote:
We've all heard the arguments over who is bankrupting the country, the poor, the elderly, the sick, the Congress, etc. Does the money tell us anything? It does.......if we could ever see it, you know, the for realz.
How much are we paying in interest on the National debt, bearing in mind that we are steadily ADDING TO the debt every month, increasing the interest exponentially? We must also keep in mind, that we're ( supposedly) paying interest on the money stolen from our Social Security and Medicare trust funds, further adding to our total interest payments. I'm guessing that the total interest payments are larger than many countries entire annual budgets.
Due to increased lifespans, there is the argument that Social Security will become insolvent soon, but what that really means is....................the Government will reach a point where it cannot buy back enough Treasury bonds to meet commitments.........................and pay itself too. How much are we paying for non contributory Federal retirement, that former lawmakers, judges and secretaries draw for life? With folks living longer, folks getting 100% retirement payments, that are 100% taxpayer funded, are growing at an exponential rate. Who costs more; the 70 year old person on Social Security, who paid in a percentage of their wages for 55 years, now getting a percentage of their working wage who lives to 103 - or - the 54 year old former lawmaker who contributed nothing, getting 100% of the their working wage who lives to 103? Yeah.
Tell me, who is it that keeps trying to tell us that those who paid into Social Security all their working life, now drawing a pittance are bankrupting the country? Oh, yeah, that's right..................the very people drawing 100% of their working salary in retirement, who paid nothing. How many former Congress people/secretaries/judges are we paying full salaries to? How much is that costing us?
How much are we spending buying new cars, boats, planes for Federal agencies? How much in per diem are we paying every month? How much in travel expenses? There are 10's of 1000's of line items, for which we have no idea of the amounts involved. Do Federal agencies submit budgets? Do they have to follow that budget? Who has oversight to ensure that our money is being spent wisely?
While politicians keep us looking HERE for the source of our financial woes, they're steadily spending our money unrestrained over THERE. I say...............show me the ^#$* money!
We've all heard the arguments over who is bankrupt... (
show quote)
Where are people working and not putting in but are getting a 100% return?
I agree on the expenditures and every dime 'Should" be accounted for, it's all numbers. We have a lot of wasted money especially in military contractors.
Barracuda2020 wrote:
Where are people working and not putting in but are getting a 100% return?
I agree on the expenditures and every dime 'Should" be accounted for, it's all numbers. We have a lot of wasted money especially in military contractors.
How generous are federal employee pensions?
USA Today reports that “retirement programs for former federal workers—civilian and military—are growing so fast they now face a multitrillion-dollar shortfall nearly as big as Social Security’s.
One big reason is that federal pension benefits are simply very generous relative to typical private sector plans.
http://www.aei.org/publication/how-generous-are-federal-employee-pensions/Federal employees also receive a FERS benefit equal to 1.1 percent of final salary multiplied by their years of service. The average federal employee who has worked at least 35 years has an annual salary of $99,000. So let's call this a $38,000 pension.
What detested me were the ' double dippers'.
An American who retires from military than goes to work for post office.
Sucked off the Federal taxpayer teat his entire life. 😈
That is quite legal but when retirement come it should be one or the other.
okie don wrote:
What detested me were the ' double dippers'.
An American who retires from military than goes to work for post office.
Sucked off the Federal taxpayer teat his entire life. 😈
The people who are bankrupting the country are the lawmakers who get their pensions (salaries)
for life.
promilitary wrote:
The people who are bankrupting the country are the lawmakers who get their pensions (salaries)
for life.
Oh yeah.
Without a doubt.
Set around doing basically nothing.
The DemoRats spend all their time bad mouthing DJ Trump and get paid for it while we're being invaded on our south border.
lpnmajor wrote:
We've all heard the arguments over who is bankrupting the country, the poor, the elderly, the sick, the Congress, etc. Does the money tell us anything? It does.......if we could ever see it, you know, the for realz.
How much are we paying in interest on the National debt, bearing in mind that we are steadily ADDING TO the debt every month, increasing the interest exponentially? We must also keep in mind, that we're ( supposedly) paying interest on the money stolen from our Social Security and Medicare trust funds, further adding to our total interest payments. I'm guessing that the total interest payments are larger than many countries entire annual budgets.
Due to increased lifespans, there is the argument that Social Security will become insolvent soon, but what that really means is....................the Government will reach a point where it cannot buy back enough Treasury bonds to meet commitments.........................and pay itself too. How much are we paying for non contributory Federal retirement, that former lawmakers, judges and secretaries draw for life? With folks living longer, folks getting 100% retirement payments, that are 100% taxpayer funded, are growing at an exponential rate. Who costs more; the 70 year old person on Social Security, who paid in a percentage of their wages for 55 years, now getting a percentage of their working wage who lives to 103 - or - the 54 year old former lawmaker who contributed nothing, getting 100% of the their working wage who lives to 103? Yeah.
Tell me, who is it that keeps trying to tell us that those who paid into Social Security all their working life, now drawing a pittance are bankrupting the country? Oh, yeah, that's right..................the very people drawing 100% of their working salary in retirement, who paid nothing. How many former Congress people/secretaries/judges are we paying full salaries to? How much is that costing us?
How much are we spending buying new cars, boats, planes for Federal agencies? How much in per diem are we paying every month? How much in travel expenses? There are 10's of 1000's of line items, for which we have no idea of the amounts involved. Do Federal agencies submit budgets? Do they have to follow that budget? Who has oversight to ensure that our money is being spent wisely?
While politicians keep us looking HERE for the source of our financial woes, they're steadily spending our money unrestrained over THERE. I say...............show me the ^#$* money!
We've all heard the arguments over who is bankrupt... (
show quote)
40 cents of every dollar our gov’t spends is borrowed.
Get real, even loan sharks charge less that 40%.
Brad1040 wrote:
40 cents of every dollar our gov’t spends is borrowed.
bmac32 wrote:
Get real, even loan sharks charge less that 40%.
Yes but we're talking about China.
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