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Archive for May 29th, 2009

Your Debt, Your Burden

Had Thai yesterday.  Normally The Dude and I head out to get Thai or something spicy on a Thursday just to get out of the office.  Yesterday we drug ID10T-Killer to a place we don’t hit very often.  Waitress took our orders and The Dude and I both ordered Drunken Noodles, extra extra hot (three H’s on the waitress’ pad – she walked away shaking her head).

It was… challenging.  I am almost never challenged anymore.  It was fantastic. ID10T-Killer said “I’ve never seen you sweat before.”

So McGoo and Daver in tandem put me onto this picture.

Shitto

Inadvertent truth in advertising. In multiple nuances.

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You concerned?  I’m concerned that shortly I will be taxed so hard that I won’t be able to save enough for my OWN retirement – all because I’m expected to take care of other’s poor planning.  If you have been around these last 20-30 years and saving for retirement and have not stashed away more money than you actually thought you needed in a large diverse number of places, it’s hard to argue that it is society’s burden and not yours.

Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits… [snip]

The 12% rise [snip] stems from an explosion of federal borrowing during the recession, plus an aging population driving up the costs of Medicare and Social Security.

That’s the biggest leap in the long-term burden on taxpayers since a Medicare prescription drug benefit was added in 2003.

The latest increase raises federal obligations to a record $546,668 per household in 2008, according to the USA TODAY analysis. That’s quadruple what the average U.S. household owes for all mortgages, car loans, credit cards and other debt combined.

“We have a huge implicit mortgage on every household in America — except, unlike a real mortgage, it’s not backed up by a house,” says David Walker, former U.S. comptroller general, the government’s top auditor.

[snip]

Bottom line: The government took on $6.8 trillion in new obligations in 2008, pushing the total owed to a record $63.8 trillion.

[snip]

Rep. Jim Cooper, D-Tenn., says exploding debt has focused attention on the government’s financial challenges. “More and more, people are worried about our fiscal future,” he says.

Yeah, people are worried, but not congress their most important job is to stay in congress until they are vested.

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This sort of lawlessness must be punished.  Don’t just tax them, throw them in jail!  Beat them!  Castigate them mercilessly!

Pastor David Jones and his wife Mary have been told that they cannot invite friends to their San Diego, Calif. home for a Bible study — unless they are willing to pay tens of thousands of dollars to San Diego County.

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From The Patriot Post:

“This woman is brilliant! She is qualified! I want her confirmed! I want her walking up those marble steps and starting to provide some justice!” –Barack Obama [regarding his nomination of S. Sotomayer for the position of JOTUSSC]

In angry street talk, the community organizer in the White House admits that he thinks justice hasn’t been done in the Supreme Court. But now a Latina woman will make the “right” decisions.

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