Comments on: U.S. Heading For Financial Trouble?
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- oh its really i shocked with it. i think it depends on the new york stock exchange.
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- The remarks made by Comptroller Walker regarding the Financial Crisis the U.S. faces were interesting.
However, perhaps he should consider the 1.5 Billion dollars a day that the U.S. is currently spending on the War in Iraq as another source for the "crisis", and ask how funds that keep this war ongoing should be diverted to allay the cost for healthcare in the United States today. - Reply to this comment
- This problem is being made worse by companies committing age discrimination, which forces people to take early social security in order to survive.
For the last couple of years, there has been an improvement in the ability of older people to get jobs in IT for which they have experience, because of the number of people retiring.
But business wants Congress to remove all limits on the number of foreign visas. Then they will be able to go back to rampant age discrimination. Anybody who thinks the laws against this make a difference, is not living in the real world. As human resource people will tell you, you can always find a reason not to hire someone. - Reply to this comment
- The only thing -more- disgusting is the fact that the media hasn't been confronting EVERY SINGLE politician who wants to be President, and asking them (cameras running) what their plan is to -repay- the national debt - not "reduce the deficit", but actually pay back what they borrowed. Ask them who is supposed to pay it back?
If they can't "afford" to live within our means, what makes them think that a future generation will be able to do so, AND pay back what they have borrowed?
This should be the lead story on the news shows every day, until the Congress comes up with a plan that guarantees that they won't spend more than they take in. For example, if they spend more in one year than they take in, just add that amount as an expense for the following year.
For more info on this, check out http://www.federalbudget.com/
VERY sobering!!! - Reply to this comment
- What ever your opinions about how this happened or what can be done, it is extremely important that you share this article with as many friends and relatives as possible. And send it to your congressmen! Be part of something important. We need a grass roots movement using the media, the web, e-mail, you-tube, whatever. We cannot depend on politicians to face this problem or even to warn people about it. Right now, millions and millions of baby boomers are making critical decisions about their retirement - when to retire, how much to save, etc. They all need to be aware of the facts. Please spread the word. Our politicians are busy arranging the deck chairs on the Titanic. The citizens of this country need to act as one to change the course and avoid the iceberg. The quality of life in our old age and the quality of our childrens' lives depends on us doing something now. Are we the greatest nation on earth or the biggest collection of folks with our heads in the sand?
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- Until the 2 gangs in the Republicrat party start working towards the good of our country instead of the good for themselves and how they "look" to others, this country will continue to fail. When the social system collapses, we will be living with bars on our home windows just like other 3rd world countries. We are a bankrupt nation and as a country, we will end up like Enron where the poor and middle class stockholders will lose all of their tools to live on while the 20% of wealthy people are left to fix the situation or move to another country to live. Our congress needs to be held accountable for these poor decisions. Pres. Bush is nothing without their support. The very first change has to be to separate Corporate from State. As a new country we feared the Church because of it's influence on government decisions. Well, Corporate America has taken their place putting forth the same type of results as the Church. Our congress is owned by the lobbyist with the most to offer. It is the main cause of our medical problems in this country. Our government steals so corporate america steals and now the fastest growing job for young people in this country is stealing. Beware of the sins of the father. Be prepared. Some very bad times are ahead of us. In our maker we will need to trust to get through this mess!!!
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- If it's not already too late, here is the matter actually worth fighting for. Where is the sign up post? Where is the strong truthful leader that caring rational people could follow - is it David Walker? Sure this is emotional but it's more to our very survival. It's not clear that our government can understand and tackle the problem without making it yet another self-serving short-sighted political opportunity. The implications for this are so far-reaching that everything is being sacrificed, and the rate of waste and loss is accelerating.
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- Execute the corrupt.
China has the only answer that corrupt government officials will listen to... - Reply to this comment
- Our Government or lack there of, is so involved in other countries affairs and how it will affect the US or not, the officials become to worried about the others to realize what is happening in their own back yard. WHAT IS WRONG WITH THEM. Is there not something that says take care of your own before trying to save the world. Come on OFFICIALS, "Our children are our future" what future will they have if we dont give it to them, oh no we are too busy fighting wars that pertain to us but they dont really (sarcastically) I wonder how they sleep on their 5000 thread count sheets at night or how they decide what their children will study at Harvard when our children are dropping out of school and cant get college funding because they are not from another country!!!!!!!!!!!!!!!!!!!!!!!!
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- SO this is what is looks like it will boil down to. All Americans or working people will continuously pay higher, ridiculous taxes pay for illegals to get SSI and Medicare and the people who worked for so many years to get these benefits will be denied; then other people will continue to pay into this fund but then as well open a second personal IRA and then pay another set of taxes for that. I say if an Individual has to pay for their retirement on their own then there is no cause for them to be paying into medicare and fica and all of that. Make the people who use it pay for it.
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