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xadam2dudex
Thom Hartmann Program
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Comments by "xadam2dudex" (@xadam2dudex) on "Caller: Republicans Want Freedom to be Poor..." video.
dan thrash u r amzingly stupid...the reason there are IOUs in the SS Trust funds is due to the tax cuts to the rich and corporations and wars no paid for...the republicans took the funds and gave it IOUs .the rich and corporations pay the lowest tax rate in history...talk about denial of facts...look in the mirror idiot
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dan thrash tax cuts took place in the Clinton Bush 1 and Reagan yrs too as well as the lose of jobs which translates into lower tax income ...the system was not designed for a low wage service economy which the political and corporate system was turning the country into...this is not a party thing it is a class thing... the 99% are being butchered by the 1% and u can't see that for the propaganda ...higher taxes on the rich and corporations where it should come from.as well as remove the wage cap on personal income as well as capital gains income no more dodging taxes thru special privileged tax brackets
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dan thrash ** facepalm ** why do u think they borrowed the money from the trust fund in the first place ?? cut taxes then to make up for lost revenue borrow from the SS trust fund until the money is needed by the trust fund they don't have to worry about paying it back very very simple concept...to borrow money from China or the FEDĀ etc that would have scheduled maturity dates it would have to be repaid and if u cut ur revenue u don't have the money to pay those creditors
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dan thrash It is not broke...it has a 2+ TRILLION dollar balance...all that is needed is the government to redeem the treasury notes it gave the SS when it borrowed from the SS Trust funds
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John Smith Fort Knox is empty...there was a lot more gold stored under the WTC buildings than there ever was in Fort Knox....the gold was stolen from the vaults .. very little was recovered ....check out the refusal of the FED to redeem gold held by the FED for Germany and other countries. or the fake gold plated tungsten bars showing up in Germany and China from US gold depositories
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John Drain that is due to the fact we are not on the gold standard and the reality is the bankers are the ones who stole it
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John Drain apparently u don't comprehend the FED system...they have pumped about 15 trillion into the world economy since 2008 and have had interest rates at a historic low for a record amount of time...this is good for the wealthy and corporations but does nothing much for the average person..the FED who created the first depression in 1929 and made it worse by contracting the money supply by a 3rd thus prolonging the depression and making it much worse than it should have been...just as then the FED plus the unregulated stock market have lead to both depressions unemployment is still high it is just artificially reported as lower
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John Drain totally wrong... the gold standard had nothing to do with the money supply.. the FED cut the money supply by 1/3 after 1929 stock market collapse which was started by the FED by calling in all the loans they made to the stock market speculators...after the crash banks failed and the FED bought them up for pennies on the dollar...the gold standard only was used in international exchange where international banks / countries could exchange US notes for gold and silver if they had silver notes...domestically you could exchange silver notes for face value silver coins but the FED did away with them in 1964 and all currency became federal Reserve notes worthless paper
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wrong on all points...the republicans stole the money from the SS trust so they wouldn't have to borrow money to pay for the tax cuts to the rich and corporations or increase the deficit...they just hid the cost of the wars and borrow to pay for that..the republicans don't want to pay back their IOUs so they are telling people like you that the fund is bankrupt because too many people getting receive benefits for too long etc...if the republicans would tax the rich and corporations to pay back the IOUs there would be a surplus...but what is needed is to get rid of the caps on both SS and Medicare so the rich can pay like everyone else...it is you who are deluded by propaganda and lies ...just like the owner class want ..you as a tool of your own destruction
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