U.S. TO BREAK UP SOON?

By Chuck Baldwin
September 29, 2009
NewsWithViews.com

According to Macedonian Radio and Television On-line (MRT), a Russian professor predicts the United States will fall apart in July 2010. MRT reports, "'Mr. Obama is similar to the last Soviet leader Mikhail Gorbachev. Gorbachev was also making great promises for the Soviet Union, but the situation was only getting worse,' he said. By next summer, according to Professor Panarin, the US will disintegrate into six blocs--and everyone will get their piece. 'The probability that the United States of America fall apart in July 2010 is more than 50 percent,' said Igor Panarin, Professor at Moscow's Diplomatic Academy within the Russian Federation's Ministry of Foreign Affairs."

MRT went on to report, "Panarin came up with his grim forecast while analyzing the parallels between the Soviet Union in its final days and the current situation in the United States. 'American dream ballooned seven times in 11 years. During Gorbachev era, the Soviet dream ballooned five times.' Americans hope [President] Barack Obama 'can work miracles,' he wrote. 'But when spring comes, it will be clear that there are no miracles.'"

See the MRT report here.

Social Security's Unexpected Deficits Show Urgent Need for Reform

by David C. John
WebMemo #2632

Starting this year, Social Security will spend more in benefits than it will receive from its payroll taxes. This is somewhat unexpected as just last year, the 2009 cash surplus was predicted to be about $80 billion. Even in May of this year, the program's actuaries predicted a roughly $19 billion surplus. However, they failed to allow for the full effects of the recession, and the soaring unemployment both reduced tax collections and increased the number of workers who were forced to take early retirement.

This is very bad news for taxpayers, but worse is yet to follow. The 2009 deficit of about $10 billion will be followed by a 2010 deficit of about $9 billion. If there is a strong recovery--which is questionable at best--the program could briefly return to surpluses. But by 2016, deficits will return and continue permanently. A far more likely scenario is that Social Security will run deficits from this point on.

The Reality of the Trust Fund

These deficits do not mean that benefits will be cut, but they do increase the burden on taxpayers to pay them. On top of the $1 trillion-plus deficit predicted for this year to pay for the Obama Administration's programs, taxpayers will have to find still more money to pay Social Security's deficits. It is true that a trust fund exists that has been funded by $2.4 trillion of Social Security surpluses since 1983, but there is no real money in that trust fund.

As the Office of Management and Budget said in 2000, "These balances are available to finance future benefit payments ... only in a bookkeeping sense. They do not consist of real economic assets that can be drawn down in the future to fund benefits. Instead, they are claims on the Treasury that, when redeemed, will have to be financed by raising taxes, borrowing from the public, or reducing benefits, or other expenditures."[1]

Congress has already spent every penny of that money, and all that is left are IOUs that must be repaid by the same taxpayers who paid the extra taxes in the first place. Taxpayers, not the trust fund, will end up covering Social Security's deficits.

Massive Deficits and an Even Worse Future

This May, Social Security predicted that it would first run deficits in 2016, and after that the picture was grim. After adjusting for inflation, annual deficits were predicted to reach $68.5 billion in 2020, $170.4 billion in 2030, and $293.6 billion in 2035. Now those deficits will come much sooner than expected.

In net present value terms, Social Security owes $7.7 trillion more in benefits than it will receive in taxes. This consists of $2.4 trillion to repay the special issue bonds in the trust fund and $5.3 trillion to pay benefits after the trust fund is exhausted in 2037. In other words, Congress would have to invest $7.7 trillion today in order to have enough money to pay all of Social Security's promised benefits between 2016 and 2083. This money would be in addition to what Social Security receives during those years from its payroll taxes.

According to the 2009 Trustees Report, Social Security is projected to owe $7.4 trillion after 2083, making a perpetual deficit of $15.1 trillion. Last year's number was $13.6 trillion. This means that Social Security's total deficit continues to grow well beyond the 75-year projection period. Therefore, any reform that just eliminates deficits over the 75-year window will not be sufficient to solve the program's problems.

Many opponents of reform claim that raising payroll taxes by about 2 percent (the average percentage difference between revenues and outlays over the 75-year period) would solve Social Security's problems. The reality, however, is that the program's future deficits are projected to be large and growing, so this tax increase would still leave a huge shortfall.

Short-Term Fixes

There are three ways to fix Social Security:

1. Reduce benefits,
2. Increase retirement savings, and
3. Raise taxes.

The first two will take years to have a real effect. Accounts of any size need to grow for about 20-25 years before they are large enough to pay much in the way of retirement benefits. Moreover, benefit changes are politically feasible only if current retirees and those close to retirement are not affected, which means that it would be several years before benefit changes start to take effect.

On the other hand, some prefer tax increases because they would immediately pump money into Social Security. But that band-aid would just delay the start of real long-term reform and make it much more likely that Congress would keep taking the easy way out by raising taxes.

Fix Social Security Now or Face the Consequences

Social Security's future has arrived early. After years of talk about how well-funded the program is, the reality is that never-ending deficits will eat up money that could be used for other programs or tax cuts. Despite reassuring words that these deficits are temporary, the reality is much worse. These deficits are likely to be permanent, and the only way out of this cash crunch is to fix the program.

David C. John is Senior Research Fellow in Retirement Security and Financial Institutions in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation.

[1]Office of Management and Budget, Budget of the United States Government, Fiscal Year 2000: Analytical Perspectives (Washington, D.C.: U.S. Government Printing Office, 1999), p. 335.

Everyone acting surprised Iran has Nuclear Bomb Plant

The announcement of the nuclear bomb plant seemed to catch everyone in the international community by surprise including BHO. What a bad act these people are. As one who was there the intelligence is pretty good. Even in WWII we knew what the Germans were doing. Believe me we have known about Iranian progress in building nuclear bombs since they began building one in the 1980’s. It’s laughable that BO didn’t know about it. What embarrassed him was that most likely the Israeli intelligence service Mossad faxed their top secret sensitive compartment information file over to the International Atomic Energy Agency. What a shame for BO and his give peace a chance foreign policy. Reality sucks. Kumbya only last on LSD and hippie communes.

Basically what really happened is Bush chickened out in a planned attack on Iran. Better to do it in 2008 after the elections and get it over with. Similar to the bail outs that have prolonged the recession that should be over by now but continue to plague the American people. Bush acted like a kid avoiding a flu shot and then coming down with the flu. Hindsight is 20/20 but some pain now is always better than a lot of pain latter. And now Obama has inherited the Islamic fascist problem.

So what will happen? The dogs of Israel and Iran will keep barking and nothing. The dogs will fight. If the dogs fight oil will go to $6.00 a gallon and the world will be ready for a fight. All the minutia will go away. Obama will be another FDR. Killing the economy and then facilitating a world war to bail his legacy out. Millions will die for some affirmative action ego and we will have our civil war postponed once again.

Dick Cheney wanted to take out Iran and their navy and nuclear facilities. The window of opportunity was last December. Bush backed down and now the war clouds gather over the Middle East. Politicians love war. Revolution of the people is very distasteful. Guess which direction they will go.

Bush started this crap but did not have the balls to finish it. Now we have an incompetent in the White House. May we the people have a revolution here and Israel subdue the Middle East.

Where is Nancy Condemning the G-20 Protesters?

And here comes the hypocrisy again. Nancy was all over the airwaves polluting them condemning the mostly 40 and above white crowd at the 9-12 Tea Party. Well now we have real violence in Philadelphia by crazed left wing fascist, socialist, communist and anarchist. So far not a peep out of any Democrat. What a surprise.

So which group should America be afraid of? You make the call.

Nancy and her democrats are totally despicable frauds. These are the scummy people mom and dad warned you about when you were a kid. Rip off artist with no conscience. Sociopaths, egotistical liars one and all. No one confronted these rich kid bastards when they were in high school and knocked some sense into them. Not daddy, not mommy or another kid. This is why if you spare the rod you spoil the child. Our congress and senate is full of these greedy bastards.
Where are you Nancy when we need you?

Fighting over Nothing

All this health care debate is so tiring. We the people know the special interest have both the democrats and republicans in their pocket. The biggest factor in getting the cost down would be to get the government totally out of the health care business and we all know it. But they push on looking to grab the prize. Similar to the 1966 Kansas City Chiefs pushing to get that last American Football League championship one year prior to the merger with the NFL. Interesting but quite irrelevant in the grand scheme of things. So many bigger games and battles to be fought in the coming years ahead.

And so it is with our politicians of today. Social Security will be insolvent in 2018 if not sooner. Does anyone think we will pay 20% to keep it solvent? Does anyone think the government will graciously pay off the file cabinet of IUO’s back to the people? Not a chance. Social Security will become a welfare program and all the IOU’s will magically disappear with the stroke of a pen.

Medicaid and Medicare are insolvent in many states and federally. And? The politicians’ want to rip off the programs like Social Security. Collect a few trillion pay a few billion and pocket the change. Cover illegal’s and give grandma and grandpa a pill. These politicians are diabolical.

And then we have our affirmative action Harvard educated lying president. An informal look at his speeches and statements reveals at least a 50% lie rate. Quite high even for a politician. At least Bush told the truth and lied by omission. This pathological liar is so stoned on his ego he can’t help but lie almost constantly. Very few in the press call him out. Watching him lie to George Stephanopoulos about the extremely regressive $3,800 medical care tax was too much to stomach even for me. Hell give me Jimmy Carter, at least he tries to be honest.

We the people in the fly over states know the federal government is doomed. And what are you going to do about it? Does anyone see a Libertarian take over of the party? Last time I checked it was the same corrupt players as 2006. Graham, McCain, Boehner and what are they going to do different when they get power in 2010? We are $11 trillion in debt. The GDP is $14 trillion. And? There going to magically cut out waste and fraud? Did they do it in 2005? Did they regulate Fannie Mae and Freddie Mac in 2005? No the Republicans will take over in 2010 and the beat will go on. The nation will be insolvent just like the former USSR in 1989.

It’s what business people call an end game. We all know it. The politicians know it. Only some of the people know it. Now you know it. And how does this play out?

The nice business folks in the suburbs want to keep the illusion this is America as long as possible. The government wants to stay in power as long as possible. Why? To rip the people off as much as possible before it all breaks down. And then you are left holding the bag as those with money leave while the next revolution is fought by those that remain.

None of this slips by our military. None of this should slip by state legislatures. And none of this should slip by the public.

What needs to happen? Spending on every entitlement program must be eliminated or cut. No Department of Education. No housing and urban development. Medicaid cut drastically. Everything must go or we perish holding on to nothing. It so reminds me of the story on how to catch a monkey. I have no idea if this is true or not but here it goes. In Africa natives place a banana in a box with a narrow entrance big enough for a monkey to place his hand in. When the monkey grabs the banana he makes a fist. The fist is too big to pass through the opening. The money will pull and pull for hours until the hunting party arrives. And then he is killed. And so it is with our politicians and the people. They have themselves trapped financially and they will pull and pull until the Day of Judgment and it all is over. And the sad thing will be right before the Republic dies is all we had to do was let go of the debt and move on with our lives.

If business, politicians and the people with money don’t understand this the Republic is over. As longs as they are fighting over trivial issues like nationalized health care the war is lost. The issue is our unfunded liabilities and the national debt. This country need to turn on a dime. Libertarians taking over the Republican Party is the first step in a long road to recovery. And the chances of that happening are slim to none.

The only thing we the people can do it elect local and state representatives with leadership abilities and a understanding of the original constitution and the role of state government. And be ready to succeed from the union.

What is Racism?

If I write that 28.6% of blacks, 16.7% of Hispanics, 4.4% of whites and 1.1% of Asians end up in jail is that racist? If I write Asians have an average Q of 101, whites 100, Hispanics 93 and blacks 85 is that racist? Or would it be stating the facts as compiled by the Department of Justice and every IQ test ever devised?

The simple truth is racism is a belief of one race in its superiority over other races. Blacks fit this mold better than any other group in America. In my experience and the continued controversy over the subject in America blacks and their party, the Democratic Party, can’t let race drop. It doesn’t matter that since 1962 blacks have achieved equality based on their potential and IQ. It doesn’t matter that million and billions have been spent on affirmative action and inner city development. It doesn’t matter that America has kissed the black ass for 30 years and counting. It doesn’t matter to Nancy Pelosi and the Democrats. America will always be racist and to hell with reality.

The reality is America has spent billions in the black community, discriminated against white in every aspect of government and the private sector, demonized white people and played the race card for the last frigging time. It ends here and now.

White America is feed up with paying out of our pocket for bull crap that never works and gets incompetents positions of power and authority. President Obama is exhibit #1. Does anyone in their right mind think he is anywhere near Bill Clintons intellect? Can he change his narrow ideological view of the world on a dime like Bill? Hell no! He’s a teleprompter reading ideological dolt wedded to his Marxist philosophy. He’s a 95 IQ affirmative action dolt passed along at Columbia and Harvard to inflict the indoctrination session he received onto the rest of the nation. The guy is one of the dumbest presidents to ever parade around in the oval office.

To be fair Bush was no brainer either. Nor Ronald Reagan. But Bush and Reagan compromised, some would say more than compromised, with the opposition. Both had enough smarts to do what they wanted to do. Bush won in Iraq. Reagan won the cold war. Like them or hate them they achieved victory and made America a safer place. Obama so far has displayed none of these characteristics.

This weekend Obama will go on all the major networks except Fox to push government health care. Why? He’s a communist at heart and cannot bring himself to acknowledge or dignify the press operation he would like to shut down. It’s that simple. Bill O’Reilly hypostatizes that it is because Obama is immature. Bull crap. Obama is a communist at heart and will go down with the ship before he concedes an inch to freedom and liberty. That’s the truth.

What do I think? White America better frigging wake up and real soon or all those crime free suburbs will be history. All those nice suburban crime free schools will be history. All those kids going to college will be history. Communism doesn’t allow for such bourgeoisie pursuits of happiness. All must be for the state and all else is discarded. Kiss the black man’s and men of colors ass all you white people is the object of this administration. Is this racist or reality? So far it’s Obama’s reality and the white folks are starting to get the message.

Washington Tea Party Protest

The Tea Party protesters were out in full force in Washington Saturday. Estimates range from 100,000 to 150,000. What ever the number there were people from the capitol to the Washington monument. It was quite a success. The crowd was friendly and the police business like. It was a fantastic experience for all of the attendees as reported.

A few observations.

The speakers were too many. The speakers went on from 10:00 AM to almost 4:00 PM with no water vendors and isolated bathroom facilities.
We were very fortunate to have an overcast day with no or very light rain. The weather was the best part of the day besides the crowd.

The speaker system was inadequate for the unfortunate ones who did not get there into the main gated area. Not that anyone tore up the event with a fiery speech but more speakers all the way to the back of the reflecting pond would have been a decent thing to provide for all the protesters of the event.

The political correctness crap has infected the Tea Party organizers and this event. Honestly why in the hell was rap played? Did anyone look at the crowd? 40+ white males and females with a few young ones and minorities mixed in here and there. When the rappers started performing everyone just kind of looked at each other in disbelief. And then there was a procession of black speakers saying, and rightly so, democrats were the racist for bringing up the race card to dismiss Tea Party protesters. Say it once and get over it. We know democrats are racist. No need to drill it in our head.

The best performer hands down no one else close was Lloyd Marcus. I have know idea who this guy is but I have seen him three times now and he really hits the right tone, rhythm and style for these events to a T. I don’t know if it’s his personal style or he is just gifted in giving his audience what he wants but he just nails it at these events. When he did “Start Spreading the News” an old Frank Sinatra tune, and mixing Tea Party lyrics into the tune the crowd just LOVED IT! Absolutely nailed it to the wall. The only bad part of the performance was he didn’t sing more songs. As far as I am concerned this guy will always be the face of the Tea Party performers.

The main gated area where the stage was located was closed off before the area filled up. Was there an ulterior motive? Maybe to get some camera shots of the area on C-Span with empty areas? It was ridiculous having a huge crowd crushed against a wall a few feet from the main stage area with lots of empty space. Eventually some protesters climbed the wall when the cops were not looking and the area filled up closer to capacity. More cops were called in and the area was finally sealed with some capacity left. Fair is fair and the area should have been filled to capacity on a first come basis.

The fire truck incident. In the middle of the protest with the crowd pushed against the retaining wall next to the main stage area a full sized fire truck decides to run through the middle of the crowd. I kid you not. I have no idea of the emergency but running a huge fire engine through a packed street of pedestrians seems both dangerous to the pedestrians and just plain wrong. Do these firefighters know what a golf cart and stretcher is? Was the emergency so great the only way to the scene was through the crowd next to the main stage? Seemed like a total disregard for the event and the safety of the protesters. I can just imagine the legal liability if some child was crushed by that monstrous vehicle as it was pushing it’s way through the packed street. You just have to wonder what the hell were these people thinking. It was outrageous!

I was glad Senator Mitch McConnell and Representative Mike Pence were there. Two really decent human beings who have in the past have tried to do what is best for America. Their speaking styles will never be associated with fiery but both these men are Americas finest and we need more men and women like these two. As a Libertarian I disagree with both these guys on some issues but I absolutely respect their virtue and integrity. God bless them both and thanks for being there.

No democrats present that I know of on the main stage. This was truly disappointing because there are many if not the majority of democrats who disagree with high taxation and inflationary borrowing. Call them blue dogs or whatever I know there are decent and virtuous democrats who are truly worried about our country who did not present themselves on the Tea Party stage. Very disappointing and quite disturbing since the Tea Party is not affiliated with either party.

Finally I would like to thank the two fellow Tea Party folks I rode up with and putting up with my bloviating. Not the easiest thing to do. It was a wonderful experience and I pray:

Hail Mary, full of grace, the Lord is with thee; blessed art thou among women, and blessed is the fruit of thy womb, Jesus. Holy Mary, Mother of God, pray for us sinners, now and at the hour of our death. Amen



May God be with the American people and our politicians। We need to pray that our politicians finally wake up from their avarice and corruption। May god deliver us from evil. So sayeth the people.

Thanks Joe Wilson for Stating the Obvious

South Carolina Rep. Joe Wilson shouted "You lie" after Obama said extending health care to all Americans would not mean insuring illegal immigrants. The best part of the speech for me and millions of others. But Representative Wilson I correct in issuing an apology. While it was in the heat of the moment a presidential address to a joint session of congress is not a political demonstration. Still for a brief moment the light of truth entered that vile Washington pit of corruption and special interest.