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Republicans Expect Elderly And The Poor To Pay Off Their Debt


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Debt-Ceiling-what-now-352.jpg

 

Most Americans fail to recall when the elderly, poor, and unemployed Americans blew up the nation’s debt and deficit with two unfunded and unnecessary wars, huge tax cuts for the rich, and Wall Street greed that contributed to crashing the economy, killing millions of Americans’ jobs, and ushering in the Great Recession of 2008.

 

For some curious reason, only Republicans remember that it was the poor, public sector workforce, and retirees who created the country’s economic malaise, and subsequently they are duty-bound to make them pay restitution with Draconian measures to enrich the insurance industry, satisfy Wall Street’s lust for the Social Security Trust, as well as provide the wealthy with a new round of tax cuts. To see their punitive measures through to fruition, Republicans are preparing a laundry list of their most coveted programs to eliminate for President Obama to choose from in exchange for raising the nation’s debt limit to repay the GOP’s debt and deficit they put on the nation’s credit card from 2001-2009 (the 2009 budget was George Bush’s).

 

As Republicans anticipate holding the nation’s creditworthiness hostage again in exchange for raising the debt ceiling, they fundamentally picked the most Draconian measures in Paul Ryan’s Heritage Foundation budget and will demand the President choose which demographic is going to suffer the most or force the nation into its first credit default in history.

 

Republicans are big on historical firsts, and it was in 2011 that after 50 years of automatically raising the debt limit that they first demanded offsetting spending cuts for every dollar the debt limit was increased creating America’s first credit downgrade. For historical perspective, and to demonstrate the GOP’s criminal, and unconstitutional, economic hostage taking, Republicans raised the debt limit for George W. Bush seven times without slashing one penny from the budget.

 

They did, however, specifically raise the debt limit in May 2003 to pay for $350 billion in tax cuts for the wealthiest Americans, and it is that type of debt Republicans are now insisting the elderly, poor, and infirm repay through loss of benefits they paid for during their working lives.

 

Republicans were not always prone to criminal tactics to force innocent Americans to repay the GOP’s debt that enriched the wealthy, military industrial complex, and oil industry, because during the Bush administration they held that raising the debt ceiling was absolutely crucial to keep the nation’s economy running. However, circumstances changed when an African American won the presidency, and the full faith and credit of the United States becamea hostage worth ransoming” according to Senate Minority Leader Mitch McConnell.

 

After Republicans successfully caused S&P to downgrade America’s stellar credit rating, kill a million jobs, and cost the economy $19 billion, McConnell saidhe could imagine doing this again,” and chuckled as he promisedhe will do so.”

 

The Republican leadership abandoned the 2011 hostage demand of dollar-for-dollar budget cuts in exchange for raising the debt limit, and is demanding the President concede to mandatory Medicare privatization, slashing food stamps, cutting Medicaid, and drastic cuts to Social Security. Republicans are specifically targeting mandatory benefit programs they have lusted to eliminate for 80 years when destroying New Deal provisions became their raison d’être, and Paul Ryan, in concert with the Heritage Foundation devised a cruel budget that fictional writer Ayn Rand would be proud of to hasten Social Security and Medicare’s demise. However, one may wonder if the American people are willing to pay the ransom Republicans are demanding to raise the debt limit and if polls are any indication, they are not in the frame of mind the Republican criminals think they are.

According to polling, the drastic Medicare and Social Security privatization, raising the retirement age, or even cuts that Republicans, unelected corporate CEOs and Wall Street titans demand are so far afield from the American peoples’ desires for the programs it is stunning they are willing to demand them as ransom in a public forum. In a survey by the National Academy of Social Insurance, 82% believe it is critical to preserve Social Security regardless it means increasing Social Security taxes, and 87% insist that Social Security is preserved for future generations even if it means raising taxes paid by the rich.

 

Contrary to Republican contentions, 84% believe current Social Security benefits do not provide enough income for retirees, 89% said Social Security benefits are more important than ever, and 75% said increase benefits so Americans can retire at age 62 and not be poor. Everything the overwhelming majority of the American people demand is in stark contrast to chained-CPI proposals, raising the retirement age, or handing over trillions of dollars in the Social Security Trust to Wall Street and the insurance industry in a privatization scam.

 

That Republicans are even considering holding the debt ceiling hostage again is in violation of the oath of office they swore to “support and defend the Constitution of the United States against all enemies, foreign and domestic. So help me God.” The 14th Amendment of the Constitution that every Republican swore to defend and support against domestic enemies like corporate CEOs and Wall Street executives says, “The validity of the public debt of the United States, authorized by law…shall not be questioned,” and yet holding the public debt that Republicans created as a hostage to reward the rich, punish the people, and enrich the private insurance industry is questioning the validity of the debt, and by any stretch of the imagination approaches criminal abrogation of their oath of office.

 

President Obama warned Republicans he is not going to negotiate (read pay a ransom) over raising the debt limit and cautioned Republicans against threatening the credit-worthiness of the United States by “bartering over the borrowing limit.” Republicans are certain the President will concede defeat and pay whatever ransom criminal Republicans demand, but without an election looming, it is doubtful he is bluffing. Apparently their worst fear is that the President will wait until the last minute and make a bipartisan deal with the Senate and dare House Republicans to accept an unfavorable agreement or take responsibility for a credit default and another downgrade on the U.S. credit rating, but even making a deal is paying a ransom for a constitutionally mandated action Republicans followed without deviation during the Bush administration.

 

However, Republicans have demonstrated time and time again that there are no bounds to the damage they will wreak on the people, the economy, and the nation, and based on their behavior over the past four-and-a-half years, it is just as likely they will let the nation default as raise the debt limit.

 

Let’s face it, a credit default will create an incredibly larger amount of hardship on the people than their ransom demands, and if there is only one thing Republicans love more than tax cuts for the rich, it is creating hardship on the people; especially for electing an African American as President twice.

 

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I stopped reading after the very first sentence: Most Americans fail to recall when the elderly, poor, and unemployed Americans blew up the nation’s debt and deficit!

 

What a preposterous statement!!

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What amazes me is that anyone but those of the richest 2% votes for

any republican in any political race.

 

To be a working man or woman earning a paycheck and working

every day but then, voting for a republican who represents only

the rich who never work a day in their lives but live on capital

gains income and pay less than one third the taxes a working person

does IS INCREDIBLY IDIOTIC.

 

To work for a living and vote republican for social or religious

reasons is to VOTE AGAINST ONESELF AND ONE'S OWN

FAMILY as to financial and taxation issues.

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Today's GOP is about Pay To Play. Citizen's United opened the doors WIDER to the game of BUYING power to game the system and the Teabag scam is all about making that a "product" they can sell to certain voting blocs who...otherwise..get shafted by the stuff they vote for. Pretty clever. It's an Americanized Mein Kampf in terms of getting power for a few by manipulating the suckers,by appealing to the lowest emotions and instincts.

 

Those of us who ain't elderly yet...plan to be so. Recent realities PROVE than ANYONE may land in the "safety net" but...the safety net has big holes now. Huge numbers of US...recently lost homes because banks GAMED the system...because right wingers DEREGULATED things to make it okay to CHEAT.

 

It's pretty bloody OBVIOUS the GOP agenda is about EVERY "liberty" for the most greedy,predatory of the 1% and a total CONTEMPT for those Mitt referes to as the 47% who are losers,parasites...UNWORTHY.

 

Kind of argues for a return to Feudalism...even Monarchy. Huh? Why even let the 47% have rights...especially voting? Why not just say only the Millionaire Aruistocracy makes the rules? Well...that IS the core of the GOP now.. The sideshow crap like race,abortion,guns...matters little to a fat cat tycoon. They have the MONEY to get their way in all that. They HERD the dummies,the rednecks the sheep. They spend a TON on AM Radio,Fox, Blogs...to BRAINWASH fools into screwing themselves.

 

That...ain't so new. What's new now is that this is a NATIONWIDE..scientific scam. The Mass Psychology is off the charts. There's total ZEALOTS who are virtually groupies of the Neo-Feudalists, Neo-Fascists but...get NOTING for their dedication.

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Today's GOP is about Pay To Play. Citizen's United opened the doors WIDER to the game of BUYING power to game the system and the Teabag scam is all about making that a "product" they can sell to certain voting blocs who...otherwise..get shafted by the stuff they vote for. Pretty clever. It's an Americanized Mein Kampf in terms of getting power for a few by manipulating the suckers,by appealing to the lowest emotions and instincts.

 

Those of us who ain't elderly yet...plan to be so. Recent realities PROVE than ANYONE may land in the "safety net" but...the safety net has big holes now. Huge numbers of US...recently lost homes because banks GAMED the system...because right wingers DEREGULATED things to make it okay to CHEAT.

 

It's pretty bloody OBVIOUS the GOP agenda is about EVERY "liberty" for the most greedy,predatory of the 1% and a total CONTEMPT for those Mitt referes to as the 47% who are losers,parasites...UNWORTHY.

 

Kind of argues for a return to Feudalism...even Monarchy. Huh? Why even let the 47% have rights...especially voting? Why not just say only the Millionaire Aruistocracy makes the rules? Well...that IS the core of the GOP now.. The sideshow crap like race,abortion,guns...matters little to a fat cat tycoon. They have the MONEY to get their way in all that. They HERD the dummies,the rednecks the sheep. They spend a TON on AM Radio,Fox, Blogs...to BRAINWASH fools into screwing themselves.

 

That...ain't so new. What's new now is that this is a NATIONWIDE..scientific scam. The Mass Psychology is off the charts. There's total ZEALOTS who are virtually groupies of the Neo-Feudalists, Neo-Fascists but...get NOTING for their dedication.

Nice rant.

Do you believe that the poor and elderly shouldn't live up to their word and pay their debts, as the OP suggests?

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I stopped reading after the very first sentence: Most Americans fail to recall when the elderly, poor, and unemployed Americans blew up the nation’s debt and deficit!

 

What a preposterous statement!!

Sarcasm? The GOP IS blaming those powerless victims and YOU damn well know that...or...you ain't at all functionally intelligent.

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Sarcasm? The GOP IS blaming those powerless victims and YOU damn well know that...or...you ain't at all functionally intelligent.

Blaming powerless victims?

Show us how the "GOP is blaming those powerless victims" of anything.

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Nice rant.

Do you believe that the poor and elderly shouldn't live up to their word and pay their debts, as the OP suggests?

Their "Word" their Debts" ? uh...mostly the poor and elderly are hard pressed to "pay up" their REAL DEBTS and this is about FAUX debts as oppsed to..say..a car payment or bank loan.

 

Nobody is BILLED for Social Security or Food Stamps as a LOAN. Because...they ain't. Many counties DO write up "General Assistance" as a LOAN and....the reality is that a lot of those receipiants never do have the $ to pay it off.

 

The POOR...as a rule...do not have the credit rating to accrue much real DEBT. The Elderly...might have real debts bt...this is NOT about that. A LOT of Elderly do haver debts beyond their ability to pay. If someone is 70-80 yr old...often they have no way to get more INCOME.

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I guess Screws idea here is that the elderly and poor should't be held responsible for their promise to repay their debts.

So the elderly don't deserve the social security they paid into and the poor doesn't deserve to get the benefits promised them, because we need another tax cut for the rich? Troll...

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So the elderly don't deserve the social security they paid into and the poor doesn't deserve to get the benefits promised them, because we need another tax cut for the rich? Troll...

No, but you should be confiscating less of their wealth.

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Debt-Ceiling-what-now-352.jpg

 

Most Americans fail to recall when the elderly, poor, and unemployed Americans blew up the nation’s debt and deficit with two unfunded and unnecessary wars, huge tax cuts for the rich, and Wall Street greed that contributed to crashing the economy, killing millions of Americans’ jobs, and ushering in the Great Recession of 2008.

 

For some curious reason, only Republicans remember that it was the poor, public sector workforce, and retirees who created the country’s economic malaise, and subsequently they are duty-bound to make them pay restitution with Draconian measures to enrich the insurance industry, satisfy Wall Street’s lust for the Social Security Trust, as well as provide the wealthy with a new round of tax cuts. To see their punitive measures through to fruition, Republicans are preparing a laundry list of their most coveted programs to eliminate for President Obama to choose from in exchange for raising the nation’s debt limit to repay the GOP’s debt and deficit they put on the nation’s credit card from 2001-2009 (the 2009 budget was George Bush’s).

 

As Republicans anticipate holding the nation’s creditworthiness hostage again in exchange for raising the debt ceiling, they fundamentally picked the most Draconian measures in Paul Ryan’s Heritage Foundation budget and will demand the President choose which demographic is going to suffer the most or force the nation into its first credit default in history.

 

Republicans are big on historical firsts, and it was in 2011 that after 50 years of automatically raising the debt limit that they first demanded offsetting spending cuts for every dollar the debt limit was increased creating America’s first credit downgrade. For historical perspective, and to demonstrate the GOP’s criminal, and unconstitutional, economic hostage taking, Republicans raised the debt limit for George W. Bush seven times without slashing one penny from the budget.

 

They did, however, specifically raise the debt limit in May 2003 to pay for $350 billion in tax cuts for the wealthiest Americans, and it is that type of debt Republicans are now insisting the elderly, poor, and infirm repay through loss of benefits they paid for during their working lives.

 

Republicans were not always prone to criminal tactics to force innocent Americans to repay the GOP’s debt that enriched the wealthy, military industrial complex, and oil industry, because during the Bush administration they held that raising the debt ceiling was absolutely crucial to keep the nation’s economy running. However, circumstances changed when an African American won the presidency, and the full faith and credit of the United States becamea hostage worth ransoming” according to Senate Minority Leader Mitch McConnell.

 

After Republicans successfully caused S&P to downgrade America’s stellar credit rating, kill a million jobs, and cost the economy $19 billion, McConnell saidhe could imagine doing this again,” and chuckled as he promisedhe will do so.”

 

The Republican leadership abandoned the 2011 hostage demand of dollar-for-dollar budget cuts in exchange for raising the debt limit, and is demanding the President concede to mandatory Medicare privatization, slashing food stamps, cutting Medicaid, and drastic cuts to Social Security. Republicans are specifically targeting mandatory benefit programs they have lusted to eliminate for 80 years when destroying New Deal provisions became their raison d’être, and Paul Ryan, in concert with the Heritage Foundation devised a cruel budget that fictional writer Ayn Rand would be proud of to hasten Social Security and Medicare’s demise. However, one may wonder if the American people are willing to pay the ransom Republicans are demanding to raise the debt limit and if polls are any indication, they are not in the frame of mind the Republican criminals think they are.

According to polling, the drastic Medicare and Social Security privatization, raising the retirement age, or even cuts that Republicans, unelected corporate CEOs and Wall Street titans demand are so far afield from the American peoples’ desires for the programs it is stunning they are willing to demand them as ransom in a public forum. In a survey by the National Academy of Social Insurance, 82% believe it is critical to preserve Social Security regardless it means increasing Social Security taxes, and 87% insist that Social Security is preserved for future generations even if it means raising taxes paid by the rich.

 

Contrary to Republican contentions, 84% believe current Social Security benefits do not provide enough income for retirees, 89% said Social Security benefits are more important than ever, and 75% said increase benefits so Americans can retire at age 62 and not be poor. Everything the overwhelming majority of the American people demand is in stark contrast to chained-CPI proposals, raising the retirement age, or handing over trillions of dollars in the Social Security Trust to Wall Street and the insurance industry in a privatization scam.

 

That Republicans are even considering holding the debt ceiling hostage again is in violation of the oath of office they swore to “support and defend the Constitution of the United States against all enemies, foreign and domestic. So help me God.” The 14th Amendment of the Constitution that every Republican swore to defend and support against domestic enemies like corporate CEOs and Wall Street executives says, “The validity of the public debt of the United States, authorized by law…shall not be questioned,” and yet holding the public debt that Republicans created as a hostage to reward the rich, punish the people, and enrich the private insurance industry is questioning the validity of the debt, and by any stretch of the imagination approaches criminal abrogation of their oath of office.

 

President Obama warned Republicans he is not going to negotiate (read pay a ransom) over raising the debt limit and cautioned Republicans against threatening the credit-worthiness of the United States by “bartering over the borrowing limit.” Republicans are certain the President will concede defeat and pay whatever ransom criminal Republicans demand, but without an election looming, it is doubtful he is bluffing. Apparently their worst fear is that the President will wait until the last minute and make a bipartisan deal with the Senate and dare House Republicans to accept an unfavorable agreement or take responsibility for a credit default and another downgrade on the U.S. credit rating, but even making a deal is paying a ransom for a constitutionally mandated action Republicans followed without deviation during the Bush administration.

 

However, Republicans have demonstrated time and time again that there are no bounds to the damage they will wreak on the people, the economy, and the nation, and based on their behavior over the past four-and-a-half years, it is just as likely they will let the nation default as raise the debt limit.

 

Let’s face it, a credit default will create an incredibly larger amount of hardship on the people than their ransom demands, and if there is only one thing Republicans love more than tax cuts for the rich, it is creating hardship on the people; especially for electing an African American as President twice.

 

 

 

 

Skew13 aka Skewie...aka SOK Drivebymedia...aka how many more

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I stopped reading after the very first sentence: Most Americans fail to recall when the elderly, poor, and unemployed Americans blew up the nations debt and deficit!

 

What a preposterous statement!!

Lol. My thoughts were much the same.

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Sarcasm? The GOP IS blaming those powerless victims and YOU damn well know that...or...you ain't at all functionally intelligent.

 

Yea but they blame the debt partly on tax cuts. Seriously? That's like saying I can't pay my mortgage because I wasn't able to rob my neighbor enough last month. Ummm, no, I wasn't able to pay my mortgage because I can't do simple addition and subtraction to realize that I am spending way more than I am bringing in. Any third grader could solve this math problem in about two minutes. And yet for some reason the liberals in this country haven't even come close in years.

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What amazes me is that anyone but those of the richest 2% votes for

any republican in any political race.

 

To be a working man or woman earning a paycheck and working

every day but then, voting for a republican who represents only

the rich who never work a day in their lives but live on capital

gains income and pay less than one third the taxes a working person

does IS INCREDIBLY IDIOTIC.

 

To work for a living and vote republican for social or religious

reasons is to VOTE AGAINST ONESELF AND ONE'S OWN

FAMILY as to financial and taxation issues.

 

Kills me being working class and one who actually pays in more than I get back. It kills me grown adults like yourself spew so much disinformation. It kills me a fifty year old man such as yourself still lives with your mother. It kills me the government gives to people who don't hit a lick in life.

 

People like you are killing this country slowly.

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