Now, don’t confuse me with someone who supports the current model of the BCS… But I’m almost as worried about turning over college football to the government as I would be about healthcare — it’s personal.
Although… Now that I think about it… His redistributionist policies could bring some 5* recruits to my Boilermakers! I think it’s time for a bailout in West Lafayette!
…Is going to Republicans in Washington:
Congressional Democrats announced today that they had agreed to a bailout plan for Republicans after last week’s devastating election results. While exact details are unavailable, sources tell us that the Republicans will be given 4 seats in the Senate and 15 in the House. Nancy Pelosi said in a statement today: “We’ve established pretty clearly over the last several months that failed strategies and management should not necessarily have to result in losses in market share, particularly for well-connected Washington insiders.”
Go click over for the rest of it… It only gets more funny.
If you think the “bailout from hell” is going to be painful to taxpayers, wait until the bill comes due for Social Security, Medicare, and Medicaid. According to Dallas Fed President Richard Fisher, the unfunded liability for Social Security and Medicare sits at an incredible $99.2 trillion. This figure does not account for the myriad of other existing so-called entitlement programs or even consider future wealth redistribution entitlement programs Barack Obama and the Democrats wish to burden the taxpayer with.
The looming Social Security crisis is one which angers me to no end. If you are under 40, you should be angry too. The payroll taxes which are forcibly taken out of your paycheck by the federal government are given to current retirees. There will be little or nothing left when you retire but you will still be paying the bill for those who have benefited from your labors.
This is why many people are looking into investing or saving as much as they can before they retire. Nevertheless, it is important to look into how much social security you will be entitled to. You can search online for how to calculate your social security retirement benefits to ensure that you are on the right track. However, it is worth having a little extra put aside if you are worried about what you might get.
Yet anyone who dares to suggest even putting aside a small percentage of FICA withholding into private accounts is accused by the Left of trying to undermine Social Security. AARP and other such organizations run attack ads aimed at the elderly to make them believe they will be kicked into the streets if any such reforms are suggested by anyone who recognizes a need to reform the system.
Reason.tv is currently running a very entertaining, humorous, and informative animated series which explains exactly how royally we are getting screwed by this Ponzi scheme we call Social Security. Here are the first four episodes:
