We Are Screwed

Posted on 21/09/2012 by Grumpa Joe

Dorothy did it to me again. She sent me a video that has me in a countdown mode. How long before the USA crashes? The answer is not simple. If our leaders fail to address the problems before us, we are screwed. There is no better way to put it.

At this point, we have a few seconds to fix the problem. If we choose the wrong President, we are screwed. If our leaders lie to us, and fail to fix the problem, we are screwed. It is only a matter of time before the USA is at the bottom of the list with Greece, Spain, and every other pot hole of a country that has nothing. If we keep the guy we have, we know the race is on to give away the America’s wealth before the economy collapses. If we choose the new guy whose background is in fixing broken companies, we might still have a chance.

Where is our current leadership? Why are they concentrating on going around the world poking sticks into hornets nests when they should be working 24/7 on fixing the economy and the broken entitlement system we so generously asked for.

Anyone with a third grade education can watch this video and tell where the problem lies. It explains why interest rates are so low. The Fed knows if it were higher the countdown would be moving at the speed of light toward our failure. I think the people of America are smart enough and mature enough to understand what needs to be done. Will our elected representatives have the cojones to do something about it?

At this point I am glad I am the age I am. Even if I survive another twenty years (fat chance of that happening) I will not have to endure the misery as long as my grandkids who range in age from seven to eighteen. Those poor kids won’t know what hit them, and I feel responsible for doing it to them. The thought that I’ll spend eternity knowing I did it to them just makes me feel all warm and fuzzy.  Of course I was not alone, I have around 330 million neighbors who also contributed to the problem.

So the question is this, what are we, uh, what are you going to do about the situation?

I know what I will do.

Watch the video to understand the problem. It wasn’t caused by Obama or Bush, It started in the nineteen forties with Franklin Delano Roosevelt. Everyone since then has exacerbated the problem.

 

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Obama Will Give Me An “A” For This One(Edited)

Posted on 03/04/2009 by Grumpa Joe
My Flag Flies Everyday

My Flag Flies Everyday

One of my good friends called me on this one. She pointed me toward Snopes. It turns out that Nancy Pelosi never proposed taxing 401K plans.  To see her entire proposal check it out on Snopes. In the meantime I’ve editied my post below to correct my mistake.

http://www.snopes.com/politics/pelosi/windfall.asp

 

WOW! Taxes on the rich, the middle class, and the poor. Stimulus money galore, bonuses for the fat cats, Deficits going out of control, what else?  Nancy Pelosi recently said the following “…windfall profits and income created by the Bush  administration need to be taxed at 100% rate and those dollars redistributed to the poor and working class.”

Well my 401K is a part of this category of investments. If they are to be taxed 100% why have a 401K at all?

They were  set up so “we the people” could have a way to raise money for our own retirement. We needed the 401K because Social Security is not going to be here much longer. Worse yet, try living on SSA alone. You will have to learn to like cat food . Don’t be in such a hurry Nancy, we’ll pay taxes on the money, after we begin to use it. She wants to tax it as we go along. Like I said, why even bother to have a private pension fund?

The one thing I haven’t heard anything about is taxing campaign funds. Why not? The weasels are getting millions to spend. They use the money for all kinds of personal purposes other than running a campaign. Why did Blagojevich work so vigorously to build his fund?  If we have to pay, why not them too?  This is another case of our politicians forgetting who they work for.  Once they get a taste of money from outside interests they set themselves apart from the rest of us. They begin to think of themselves as demigods.
I think a Senator or Congressman should be taxed ninety percent on his salary, and campaign fund. In fact, I think that is being too liberal. They should work for one dollar per year, and be required to use campaign funds to pay off the deficit. They create the debt, let them pay for it.

Yep! Tax the campaign funds; it’s the best idea I’ve had today. .

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