Monday, September 21, 2009

This is going to get ugly in about 10 years......

Government is only good for stealing from the working stiffs and giving to anyone who bribes the politicians. Just wait until the lawyers get done with the Dem's over suggesting that maybe some restrictions should be placed on the greedy bastards.

Guy at work had his wife involved in a discrimination lawsuit agains Walmart. She won. Lawyers got 3 million, she got $25 .

Got a start buying some Dem's, I guess.

Anyways, over the next ten years we have a lot of shit coming down. Such as Charles Smith has been saying over at"Oftwominds".

The housing crash is just beginning!

Why not?

As for "health insurance". Think any politicians, let alone any media owners, are going to stick to the insurance companies?

Look at all those commercials and lobbying money. Good luck on "reform".

And we think UFO's are incredible, Heh heh.

Yet Another Washington Flop in the Making by Deroy Murdock on National Review Online
Social Security, the New Deal’s cornerstone, is as cutting edge as a 78 RPM record. In 2016, barely six years away, it will begin paying more in pension checks than it collects in payroll taxes. Congress then will be unable to use Social Security’s surplus like a ShamWow to absorb red ink. Social Security’s unfunded obligations equal $17.5 trillion — again not financed by anything but congressional speeches.

Fannie Mae and Freddie Mac: These two government options in the home-mortgage arena are widely considered the twin jet engines that flew the economy into a hillside. These were supposed to be money-making, quasi-private companies, with no federal involvement beyond an implicit guarantee that government would cover their losses. Emboldened by this cozy federal safety net, these enterprises embarked upon financial acrobatics they otherwise might have avoided. Rather than generate profits between 2009 and 2019, the Congressional Budget Office estimates, Fannie and Freddie will cost taxpayers $389 billion.

The Hope for Homeowners program began last October 1. Congress gave it a hefty $300 billion to help some 400,000 homeowners avoid foreclosure. According to an August 10 Newsday editorial, “It has produced exactly one refinanced loan.” One down, 399,999 to go.

“UPS and FedEx are doing just fine, right?” Obama asked in August. “It’s the Post Office that’s always having problems.” Yes, indeed. Its two-year fiscal deficit approaches $8 billion. It has pried some 60,000 mailboxes off of America’s streets, the Lexington Institute reports. It also is weighing the cancellation of Saturday services. Even as e-mail, digitally attached documents, and online banking decrease demand for first-class snail mail, the Post Office keeps hiking the cost of stamps. What sort of business actually raises prices while customers walk away?

The Internal Revenue Code is like John Donne’s poetry: It means something different to everyone. Perhaps flummoxed by its 67,000 pages, even IRS advisers offer conflicting answers to identical questions. But today’s U.S. Tax Code will be a triumph of window-like clarity compared with the U.S. Health Code that Obamacare would trigger. Just wait until every medical lobby — from the American Stethoscope Council to the National Tongue Depressor League — hikes up Capitol Hill to demand exemptions, loopholes, and subsidies.

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