Comments on: U.S. Heading For Financial Trouble?

Comptroller Says Medicare Program Endangers Financial Stability

[cfin5]

The U.S. Comptroller General should have a "financial veto pen" authority to check congress's spendoholic insanity.....And I mean walk right into the Oval office and "VOID" something that the President has just signed if he has to......Our government officials keep telling us that Social Security was not meant to put up someone that retires. Well, neither was it supposed to be subject to pilferage for any other purpose than it was intended for! And I dont mean welfare either.

[decarlo12-2009]

Yah...where is all that money we put in for 40 some odd years anyway? Should be plenty there right? Think we have gold and silver enough to back all the money we print? Yah sure, that's why it's called a federal reserve note and not a gold or silver certificate. Ticker symbols: GLD, SLV, and CEF are gold and silver bullion stocks you may want to look at someday. Especially 3 to 5 years from now. That way you may not lose everything in your IRA's and 401K's.

[bayo4]

what america needs is to stop spending their money in irak and start taxing the wealthy as much as the poor, then there would be enough money to cover the babyboomers ss

The Bush administration has looted our national treasury of more than 16 trillion dollars in the last six years, the military consumes more than half of our national budget, the war in Iroq is projected to cost by 2016, more than 2.3 trillion dollars. Stop the thievery of the oil barons of this administration, and I doubt that financing health care will be much of a problem.

And by the way, who stole all that money paid into the system by the massive numbers of baby boomers for the last 50 plus years (exactly how much)??? Feel free to point and name names, consider it part of your public service...

Dark days are upon us when your program, well known for it's responsible investigative reporting, abandons true journalism, in the face of such glaring truths and loses sight of ethics in broadcasting. This was a shameful presentation! Were you counting on the ignorant masses, blindly consuming bought and paid for opinions, from greedy professionals, dug up by Dubya' and his self-serving cronies? For Shame!

[decarlo12-2009]

Want to know where 1.2 billion dollars went, read this link.... http://www.cbsnews.com/stories/2006/10/19/60minutes/main2109200.shtml

[decarlo12-2009]

Amen Tricia...Get their license plate and turn them in to welfare.....They may follow up with that. If we don't, it just keeps going on. Can't see why they can't cross-reference the vehicle type to, taxes and welfare. Probably get all kinds of drug dealers and other low life...

[tricia_ferru]

I just don't get it.....take a trip to the grocery store here in Glendale, CA....and see people getting out of mercede benz', wearing gucci this and that and pay with the "welfare" credit card.....Quite frankly that would be a lot of money saved....it's disgusting that my husband and I are working our behinds off and have to see this and then know that we will probably not be able to collect SS when we retire partially because of welfare fraud....Get with it!

[decarlo12-2009]

$50 for a head of lettuce....what? are you stupid? Grow it in your stinking garden if nothing else. I can't believe where some of you people come from. Do you even work for a living? Get real. I payed for my mom and dad's SS and so are my kids can pay for mine and if you can't see the facts, tough. I saw the SS numbers raise on me while I worked and payed into the system for 40 years. So...you don't see me sniveling about it. Maybe they shouldn't be using the money to fund wars and everything else they can think of....

[lorinkundert]

"If there were 45 million more americans, who would they be working for. That would be 45 million more unemployment claims. There aren't enough jobs for the people we have."

And with that you prove that illegal aliens are not needed since we don't have enough jobs, and we can of course stop issuing H1B visas.

[lorinkundert]

This is not even the greater threat, the Government has grossly overstepped it's Constitutional bounds and by doing so created a system of taxation that through the methods used to extract them violates the apportionment clause of the Constitution. Before anyone throws up the 16th Amendment look at the the Brushaber and other Supreme Court rulings that make it clear that the 16th did not grant congress any new taxing authority. Read "Cracking the Code" and you will realize that the tax revenues will diminish as more people become educated.

[liteguy]

Here is another fact: we don't have enough taxpayers to pay for the baby boomers SS and Medicare benefits. We would except that we killed 45 million of them before they were born.


If there were 45 million more americans, who would they be working for. That would be 45 million more unemployment claims. There aren't enough jobs for the people we have. And what jobs that are still here, the weekly wage is being cut. That is less dollars for the government to tax. So quit being a moron and take your abortion to another forum.

[tnt1954]

government, union wage increases are great
ideas, but no one wants to pay for it.
do you want lettuce to be 50 dollars a head?
then vote for union salary and benefits
increases. right now, go to us treasury dept.
website, national debt is 8 trillion dollars
and growing. political optimists say rather
insanely--no problem, we'll just amortize
it over 30 million years, pennies per year on
the interest alone. most people can't handle
the truth, go right to the liquor cabinet
or the dope dealer, and put themselves as
far from reality as possible. there is a solution isn't there? evacuation of earth
as soon as possible, and we all live in space.
or the commercialization of the 'aladdin device'
which makes something out of nothing. recently
developed by the cordoba research and development
corporation, and waiting for f.b.i. approval
for mass production. its great. you press
a button, and presto, voila, a perfectly cooked
steak dinner, with baked potato with sour cream
and chives and salad with roquefort and cheesecake, right before your very eyes.
should revolutionize the entire society. remember
folks, we'll be saved, soon to come, the
'aladdin device'. its like the grand slam home
run in the bottom of the ninth when your team
is down 3-0.

[decarlo12-2009]

Kind of getting off the subject a little, aren't we? I agree, it's not the boomers fault for anything. We paid into the system so we should get something out of it. If it can't be done by the next generation's volume of workers then we need to raise the the SS tax to include higher levels of income and make the rich pay more. We also need the limit the amount of give-me's we are making available to illegal aliens with SSI dollars. Now, the Medical Industry, you need to eliminate greed in all sectors. Then maybe you can make some head way. I think we all need to look toward herbal and non-prescription meds made at home. Drink distilled water, organic fruits and veg's and you will be healthier, then you won't need them. It's helped me quite a bit and has reduced my diabetes down to almost nothing. I don't take any prescription drugs anymore, if we all did this, what do you think would happen to those greedy _ _ _ _ _ _ _s. I also feel much better not taking drugs. I take Hawthorne tea for my heart, works real good. Hope this helps someone out there...

[hypnotoad72]

l8c6 - live a lie, die a lie. They're going to live and not give a fly.

Maybe that is the American dream?

[l8c6]

walt1944, When the depression hit the U.S. there were pockets of wealth that mocked the hardships of the masses of americans. The wealthy's children attended the expensive yet affordable to them publicly funded colleges that essentially were private because in their minds they paid for everything, they were the "A" crowd and they were the true americans who made the country great.

The wealthy americans during the great depression raised entitled vile youth that created days of celebration that were not to extend help to others but entertain themselves by mocking others. The University of Kansas frat girls and boys celebrated "hobo day" in which they dressed like the "bums" who roamed the country homeless and jobless seeking opportunity.

[walt1944-2009]

Politicians never seem to learn anything. The GREAT Depression happened 78 years ago, and you would think that politicians who cared about this country, would simply tell Emperor Bush "NO!" when he comes looking for more money to fight his never-ending wars.

Bush is heading this country into a depression the same way Hoover did in 1929. Even corporations like Halliburton see the handwriting on the wall and are moving out of the country before the shoe drops. You can bet that Bush and Cheney are set financially when that happens but the average American be damned.

And when the US economy does go bankrupt, and the country crashes, you can bet the loony-cons will blame Bill Clinton for all of it!

SIG HEIL, BUSH!!

[thecoroner1]

This is why I oppose Bush's tax cuts and the war. We don't have to spend money so foolishly.

http://www.esgameservers.com/

[gmcnally2]

Are you suggesting that to fight inflation, the government simply print more money? You do understand the concept of money and why we have inflation right? This reminds me of WWII Germany, where after the war, it took a Wheelbarrow of money just to buy a loaf of bread.

It is not as simple as the printing or the reserve board, any/ all money inherently has NO value, save the one agreed upon by everyone playing the game at the time. I suggest with the current scenario running rife, stock up on all kinds of goods and learn to barter--such a system may come back if people lose faith in the government. Barter skills and items. In the event of any large calamity what will be of value is what is tangible not implied or theoretically agreed upon. Posted by toldyouso

You need to do a little more research. Watch this video and then get back to me.

http://video.google.com/videoplay?docid=-515319560256183936&q=money+masters&total=1072&start=0&num=10&so=0&type=search&plindex=0

[sharncedar]

"If only this was a moderated forum, with a responsible party who could excise the nonsensical Biblical malpropisms and non sequiturs from the discussion"

What are you, a liberal? Only a liberal wants to have a "discussion" that is "moderated" so that only "moderate" viepoints are allowed to be presented. What a nice, comfortable, safe, Hellish world you must live in.

[gulfwarvet2]

If only this was a moderated forum, with a responsible party who could excise the nonsensical Biblical malpropisms and non sequiturs from the discussion....quotes from The Book of Revelations or Rotations or whatever they're called are relevant to a dicussion of national fiscal and budgetary policy....NOT!