05 Mar 09
If you've seen the documentary, IOUSA, you understand the massive unfunded liability that will begin to occur shortly in the US. This unfunded liability stretches the national debt from approx 11 billion today to approx 53 billion if you include the money that will be required to pay future social security costs.
My question. How does the current multi-trillion dollar financial bailout affect the ability of the US to pay for its social security needs in the near future? Where will the money come from?
05 Mar 09
1 edit
Originally posted by uzlessA very good question. The only thing I can come up with is taxes, taxes, and even more taxes. Oh and the new cap and trade idea should generate quite a bit.
If you've seen the documentary, IOUSA, you understand the massive unfunded liability that will begin to occur shortly in the US. This unfunded liability stretches the national debt from approx 11 billion today to approx 53 billion if you include the money that will be required to pay future social security costs.
My question. How does the current mul ...[text shortened]... he US to pay for its social security needs in the near future? Where will the money come from?
I have not seen the documentary, but it sounds like it is worth watching.
05 Mar 09
Originally posted by torch71http://www.iousathemovie.com/
A very good question. The only thing I can come up with is taxes, taxes, and even more taxes. Oh and the new cap and trade idea should generate quite a bit.
I have not seen the documentary, but it sounds like it is worth watching.
You can watch the 30 minute version online. Well worth your time.
05 Mar 09
1 edit
Originally posted by SeitseRepublicans and Democrats,as well as the nation alike are to blame for this mess, it goes much furtherback then the last eight years. Americans must get back to thier core values that we had many years, one mainly being DON'T TRY TO LIVE BEYOND YOUR MEANS. The most important if you ask me, and DON'T BELIEVE IN GET RICH QUICK SCHEMES which is what alot did with the housing markets.
Nice, the wealthy ones screwed up. Then they get bailed with John Doe's money.
Then, when the rich get sick, they can pay for private medical care with money well kept in their offshore accounts.
While John Doe gets screwed.
Vote Republican!
Really I think Americans need to get smart and realize Government in general(Reps and Dems) are no longer really for the people. Think about it can you name one Senator or Congressman that isn't wealthy?
05 Mar 09
Originally posted by SeitseHAHAHAHHAHAHAHAHAHAAHAHAHAHA.
Nice, the wealthy ones screwed up. Then they get bailed with John Doe's money.
Then, when the rich get sick, they can pay for private medical care with money well kept in their offshore accounts.
While John Doe gets screwed.
Vote Republican!
Watch the movie. It's only 30 minutes.
05 Mar 09
Originally posted by Seitseum, knowing what the situation in the US is will help you to understand what is going on in the whole world. World events are being dictated by things like this...and this situation will cause future events to happen.
No, thanks. Lately I really don't care much what happens in the U.S. and why.
The exchange rate of my Euros allows me to not give a flying f.
You will understand the global future better if you can put 2 and 2 together.
05 Mar 09
Originally posted by uzlessDon't preach to me, kiddo. My comment is tongue in cheek, obviously.
um, knowing what the situation in the US is will help you to understand what is going on in the whole world. World events are being dictated by things like this...and this situation will cause future events to happen.
You will understand the global future better if you can put 2 and 2 together.
I'm fully wired to the world and my finger is at the pulse of the world's heartbeat. I don't need a stinky web show to understand something I was part of myself.
They don't call me bloodninja for nothing.
HAAARRRRR !!
06 Mar 09
Originally posted by uzlessI'm not sure what is the financial basis for U S Dollar. But it does say: "In God We Trust"
If you've seen the documentary, IOUSA, you understand the massive unfunded liability that will begin to occur shortly in the US. This unfunded liability stretches the national debt from approx 11 billion today to approx 53 billion if you include the money that will be required to pay future social security costs.
My question. How does the current mul ...[text shortened]... he US to pay for its social security needs in the near future? Where will the money come from?