Saturday, February 12, 2005

Democrat supports SS privatization


(AP) Rolls of blank social security checks run through printers and are processed Friday, Feb. 11, 2005

WASHINGTON (AP) - A second Senate Democrat said Friday he was open to President Bush's idea of letting people divert some of their Social Security taxes to personal retirement accounts as Republican Party leaders tried to allay re-election fears among wavering GOP lawmakers.
Sen. Tom Carper, D-Del., said any plan should be bipartisan, in part to give lawmakers from both parties political cover for supporting major changes to such the popular retirement program.
"I don't believe that we should rule out the accounts," Carper said Friday in an interview. "We have a very low savings rate in this country and clearly need to find ways to stimulate savings, and I think we should be open to a wide range of ideas and not dismiss them out of hand."
Sen. Ben Nelson, D-Neb., also has said he is open to discussing the private accounts, saying he wants to see details.

(AP) Senator Jon Corzine, D-N.J., discusses President Bush's proposed changes in Social Security during...No Senate Democrat has signed onto a Social Security bill, and most say they are absolutely opposed to taking money from the traditional Social Security system to create these accounts. Several Democrats do like the idea of creating personal accounts on top of regular Social Security benefits.

More under first comment........

Wednesday, February 09, 2005

What transition costs?

The below describes the "transition costs" of Social Security. Most of the article is in the first comment.

Robert Novak

WASHINGTON -- In the more than 41 years that I have been writing columns, nothing has generated more unfavorable comment from conservatives than my Dec. 6 report on Republican Sen. Lindsey Graham's Social Security plan. He would finance the transition costs for private Social Security accounts by raising payroll taxes. Of all the outraged critics from the Right who contacted me, economist Larry Hunter had the most pungent rebuttal: "There are no transition costs."
If that is so, I asked Hunter, can you write me a one-page explanation to buttress your remarkable claim? Nearly a month later, he gave me three single-spaced typewritten pages plus four colored graphs. Actually, they portray an increase in federal expenditures forced by private accounts -- that is, transition costs. Hunter's point: There would be no long-term net transition costs. Doing nothing will cost much more, beginning as early as 35 years from now. (Hunter's analysis will be published by the Institute for Policy Innovation.) That amounts to no real transition costs. The problem with this argument is that we are talking about red ink far into the future when nearly everybody now debating the issue will be dead. Although it is a difficult argument to make, it looks like the only alternative to Graham's proposed higher payroll tax payments in the upper income brackets.

Monday, February 07, 2005

Clinton for UN?

The rest of the message is in the first comment.

Special message from: JESSE HELMS (Ret.)
Dear Fellow American,
For 30 years I proudly served in the United States Senate representing the people of North Carolina.However, I realize full well that some of my good friends and fellow conservatives in the remaining 49 states may say that I also represented them -- especially when it came to issues of foreign policy.Simply put, you could not have found a U.S. Senator more motivated than I was when it came to bringing about the fall of communism.That's why, when I served on the U.S. Senate Foreign Relations Committee, I did everything in my power to help our President, Ronald Reagan, bring about the demise of the evil empire.
For decades I worked hard and prayed hard that freedom and democracy would spread across the globe so our children and grandchildren could be safe and free.In 1991, I was deeply moved as I watched the sacrifices of the United States taxpayers and our brave men and women in uniform fulfilled as the Berlin Wall came crashing down.Thirteen years later, hard-line communists in the former Soviet Union have been relegated to the back benches of the political system and the struggle for individual and economic freedom is beginning to prevail.
Today, I'm writing to you from my home state of North Carolina because I NEED YOUR HELP to continue to spread freedom: see, as a former Navy seaman and as one of the leading conservatives in the U.S. Senate, I know the real battle for freedom on this earth can no longer be solely focused on communism.Instead it must be focused on the war on terrorism and the power-hungry United Nations.The focus of this letter today will be on the latter -- the UNITED NATIONS.

Sunday, February 06, 2005

Part 5

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Part 4

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part 3

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What the MSM will not show part 2

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What the MSM will not show....

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Friday, February 04, 2005

Ted ,hiccup> Kennedy

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Thursday, February 03, 2005

Al Jazeera exclusive conclusion

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Wednesday, February 02, 2005

Al Jazeera exclusive

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Terrorists attack America(n)

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Tuesday, February 01, 2005

I am a conservative........

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Presidential hopeful?????????