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	<title>Comments on: The Global Poverty Act</title>
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	<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/</link>
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	<pubDate>Fri, 04 Jul 2008 05:36:59 +0000</pubDate>
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		<title>By: Da King</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3274</link>
		<dc:creator>Da King</dc:creator>
		<pubDate>Tue, 13 May 2008 09:45:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3274</guid>
		<description>Great article, Vince. Politicians, especially Dems, avoid those numbers like the plague. I think every single presidential debate should start with a discussion of the growth of those unfunded liabilities that are going to kill the american dream as sure as if they shot it between the eyes. Dealing with the out of control entitlements is the mandatory first step toward responsibility that our politicians, especially Dems, have been avoiding for over 40 years. Isn't it curious how the subject NEVER comes up ?</description>
		<content:encoded><![CDATA[<p>Great article, Vince. Politicians, especially Dems, avoid those numbers like the plague. I think every single presidential debate should start with a discussion of the growth of those unfunded liabilities that are going to kill the american dream as sure as if they shot it between the eyes. Dealing with the out of control entitlements is the mandatory first step toward responsibility that our politicians, especially Dems, have been avoiding for over 40 years. Isn&#039;t it curious how the subject NEVER comes up ?</p>
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		<title>By: Ghost of Vince Foster</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3265</link>
		<dc:creator>Ghost of Vince Foster</dc:creator>
		<pubDate>Mon, 12 May 2008 22:21:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3265</guid>
		<description>Read what I said, Chief. Entitlements -- which include Medicare, Medicaid, Social Security, food stamps, etc.

Let me help you. go to this USAToday article for an easy to read overview

http://www.usatoday.com/news/washington/2007-05-28-federal-budget_N.htm

Excerpt from the article: 

Bottom line: Taxpayers are now on the hook for a record $59.1 trillion in liabilities, a 2.3% increase from 2006. That amount is equal to $516,348 for every U.S. household. By comparison, U.S. households owe an average of $112,043 for mortgages, car loans, credit cards and all other debt combined.

Unfunded promises made for Medicare, Social Security and federal retirement programs account for 85% of taxpayer liabilities. State and local government retirement plans account for much of the rest.

+++

The unfunded liabilities og government are set to explode as the demographic trends of the retirement &#38; aging of baby boomers takes hold. 

You may not like the war in Iraq and think -- like I do -- that it is far too costly. But be that as it may, the real financial time bomb that the U.S. is sitting on is not the Defense budget but social entitlements which both parties -- but especially your Dims -- are bound &#38; possessed to expand.</description>
		<content:encoded><![CDATA[<p>Read what I said, Chief. Entitlements &#8212; which include Medicare, Medicaid, Social Security, food stamps, etc.</p>
<p>Let me help you. go to this USAToday article for an easy to read overview</p>
<p><a href="http://www.usatoday.com/news/washington/2007-05-28-federal-budget_N.htm" rel="nofollow">http://www.usatoday.com/news/washington/2007-05-28-federal-budget_N.htm</a></p>
<p>Excerpt from the article: </p>
<p>Bottom line: Taxpayers are now on the hook for a record $59.1 trillion in liabilities, a 2.3% increase from 2006. That amount is equal to $516,348 for every U.S. household. By comparison, U.S. households owe an average of $112,043 for mortgages, car loans, credit cards and all other debt combined.</p>
<p>Unfunded promises made for Medicare, Social Security and federal retirement programs account for 85% of taxpayer liabilities. State and local government retirement plans account for much of the rest.</p>
<p>+++</p>
<p>The unfunded liabilities og government are set to explode as the demographic trends of the retirement &amp; aging of baby boomers takes hold. </p>
<p>You may not like the war in Iraq and think &#8212; like I do &#8212; that it is far too costly. But be that as it may, the real financial time bomb that the U.S. is sitting on is not the Defense budget but social entitlements which both parties &#8212; but especially your Dims &#8212; are bound &amp; possessed to expand.</p>
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		<title>By: The Reverend</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3256</link>
		<dc:creator>The Reverend</dc:creator>
		<pubDate>Mon, 12 May 2008 13:50:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3256</guid>
		<description>Social Security isn't in the budget.....it shouldn't be.

So, you're suggesting that the defense budget is smaller than Medicare? I'll check on that,  but I think you're wrong there too.</description>
		<content:encoded><![CDATA[<p>Social Security isn&#039;t in the budget&#8230;..it shouldn&#039;t be.</p>
<p>So, you&#039;re suggesting that the defense budget is smaller than Medicare? I&#039;ll check on that,  but I think you&#039;re wrong there too.</p>
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		<title>By: Ghost of Vince Foster</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3215</link>
		<dc:creator>Ghost of Vince Foster</dc:creator>
		<pubDate>Fri, 09 May 2008 10:59:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3215</guid>
		<description>"What is bankrupting the country is out of control entitlements, something both political parties are responsible for."

Exactly true.


"How about that defense budget? You know, the one larger than all other nations' budgets combined?"

Do the numbers. Entitlements dwarft all else.</description>
		<content:encoded><![CDATA[<p>&#034;What is bankrupting the country is out of control entitlements, something both political parties are responsible for.&#034;</p>
<p>Exactly true.</p>
<p>&#034;How about that defense budget? You know, the one larger than all other nations&#039; budgets combined?&#034;</p>
<p>Do the numbers. Entitlements dwarft all else.</p>
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		<title>By: Elijah</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3214</link>
		<dc:creator>Elijah</dc:creator>
		<pubDate>Fri, 09 May 2008 09:28:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3214</guid>
		<description>As Americans, we must find a way to be fiscally conservative and socially conservative, but at the same time, divy up this pie chart of national spending so that our truer priorities are in line with reality---that should be about rebuilding a strong middle-class, our democratic (with a small d) backbone that our national body cannot walk tall without--people in the middle don't covet what their overly-rich neighbors may have, but just the ability to live on the paychecks they do get.

Without a strong, large middle-class, we as a nation are doomed===that is a fact. The poor will starve (and revolt), the rich will starve (and hide) because there will be no one left to purchase what the rich have to sell, nor anyone left willing to work for nearly nothing. 

We poorer Americans are tired of working without getting ahead, but falling behind and watching as hog-humans pig out and don't share prosperity. If we don't become more kind toward each other, "There will be Blood".</description>
		<content:encoded><![CDATA[<p>As Americans, we must find a way to be fiscally conservative and socially conservative, but at the same time, divy up this pie chart of national spending so that our truer priorities are in line with reality&#8212;that should be about rebuilding a strong middle-class, our democratic (with a small d) backbone that our national body cannot walk tall without&#8211;people in the middle don&#039;t covet what their overly-rich neighbors may have, but just the ability to live on the paychecks they do get.</p>
<p>Without a strong, large middle-class, we as a nation are doomed===that is a fact. The poor will starve (and revolt), the rich will starve (and hide) because there will be no one left to purchase what the rich have to sell, nor anyone left willing to work for nearly nothing. </p>
<p>We poorer Americans are tired of working without getting ahead, but falling behind and watching as hog-humans pig out and don&#039;t share prosperity. If we don&#039;t become more kind toward each other, &#034;There will be Blood&#034;.</p>
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		<title>By: The Reverend</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3210</link>
		<dc:creator>The Reverend</dc:creator>
		<pubDate>Thu, 08 May 2008 20:56:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3210</guid>
		<description>"What is bankrupting the country is out of control entitlements, something both political parties are responsible for."

How about that defense budget? You know, the one larger than all other nations' budgets combined?

How about that American Occupied Territory of Iraq? Occupations ain't cheap.</description>
		<content:encoded><![CDATA[<p>&#034;What is bankrupting the country is out of control entitlements, something both political parties are responsible for.&#034;</p>
<p>How about that defense budget? You know, the one larger than all other nations&#039; budgets combined?</p>
<p>How about that American Occupied Territory of Iraq? Occupations ain&#039;t cheap.</p>
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		<title>By: Ghost of Vince Foster</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3204</link>
		<dc:creator>Ghost of Vince Foster</dc:creator>
		<pubDate>Thu, 08 May 2008 14:08:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3204</guid>
		<description>Good analogy, King. The American public IS like a kid taking candy from a guy on the street. But too bad the guy in this case is a perv who is going to screw the hell out of the kid in short order.

And you're right too, King, in your implied call for cutting the amount of money we squander on the U.N., the most dysfunctional organization of the face of the earth, including even worse than the Dimocrat Party. 

But still, such disgressionary spending -- as foolish as it is -- is not our main problem. What is bankrupting the country is out of control entitlements, something both political parties are responsible for. And on this score, there is, sadly, no end in sight. 

[Yes, both political parties are responsible for uncontrolled entitlements. However, let's be clear. It is liberal [leftwing] ideology that promotes this pseudo-socialism while it is the conservatives &#38; libertarians who oppose it. 

The GOP is responsible for uncontrolled entitlements -- like Bush's prescription medicine plan -- to the extent that they are not conservatives .... or even constitutionalists.

So the nut of the problem is really one of ideology than partisanship.]</description>
		<content:encoded><![CDATA[<p>Good analogy, King. The American public IS like a kid taking candy from a guy on the street. But too bad the guy in this case is a perv who is going to screw the hell out of the kid in short order.</p>
<p>And you&#039;re right too, King, in your implied call for cutting the amount of money we squander on the U.N., the most dysfunctional organization of the face of the earth, including even worse than the Dimocrat Party. </p>
<p>But still, such disgressionary spending &#8212; as foolish as it is &#8212; is not our main problem. What is bankrupting the country is out of control entitlements, something both political parties are responsible for. And on this score, there is, sadly, no end in sight. </p>
<p>[Yes, both political parties are responsible for uncontrolled entitlements. However, let's be clear. It is liberal [leftwing] ideology that promotes this pseudo-socialism while it is the conservatives &amp; libertarians who oppose it. </p>
<p>The GOP is responsible for uncontrolled entitlements &#8212; like Bush&#039;s prescription medicine plan &#8212; to the extent that they are not conservatives &#8230;. or even constitutionalists.</p>
<p>So the nut of the problem is really one of ideology than partisanship.]</p>
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		<title>By: Da King</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3199</link>
		<dc:creator>Da King</dc:creator>
		<pubDate>Thu, 08 May 2008 10:32:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3199</guid>
		<description>Good point, Frank. We should get our own house in order before we ever consider giving another $845 billion to the UN. 

However, I'm not sure politicians can get elected in this country anymore by advocating financial responsibility. "Free (fill-in-the-blank)" sells better. We tend to pick the guy offering us the lollipop.</description>
		<content:encoded><![CDATA[<p>Good point, Frank. We should get our own house in order before we ever consider giving another $845 billion to the UN. </p>
<p>However, I&#039;m not sure politicians can get elected in this country anymore by advocating financial responsibility. &#034;Free (fill-in-the-blank)&#034; sells better. We tend to pick the guy offering us the lollipop.</p>
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		<title>By: frank</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3191</link>
		<dc:creator>frank</dc:creator>
		<pubDate>Thu, 08 May 2008 05:17:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3191</guid>
		<description>Mr. King,
  Inasmuch as we are being subsidized by the Chinese, I think that the money we borrow should be spent at home.  There are enough people in our country who every day face a grim struggle.</description>
		<content:encoded><![CDATA[<p>Mr. King,<br />
  Inasmuch as we are being subsidized by the Chinese, I think that the money we borrow should be spent at home.  There are enough people in our country who every day face a grim struggle.</p>
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		<title>By: Da King</title>
		<link>http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3182</link>
		<dc:creator>Da King</dc:creator>
		<pubDate>Wed, 07 May 2008 21:10:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.ohiomm.com/blogs/da_kings_men/2008/05/06/the-global-poverty-act/#comment-3182</guid>
		<description>Vince, 
I think Hillary and Obama are pretty solidly in favor of keeping our lousy public schools lousy. That's part of the Dem plantation strategy, not to mention where a lot of their campaign funding comes from. I'm not surprised they want to fix third world schools, since fixing ours is off limits. Dems resist every common sense education idea there is. The only thing they approve of is to throw ever more and more money at the public schools, even though America already pays more than any other country for education. I think the Dem education strategy could be summed up best as 'beating a dead horse'.</description>
		<content:encoded><![CDATA[<p>Vince,<br />
I think Hillary and Obama are pretty solidly in favor of keeping our lousy public schools lousy. That&#039;s part of the Dem plantation strategy, not to mention where a lot of their campaign funding comes from. I&#039;m not surprised they want to fix third world schools, since fixing ours is off limits. Dems resist every common sense education idea there is. The only thing they approve of is to throw ever more and more money at the public schools, even though America already pays more than any other country for education. I think the Dem education strategy could be summed up best as &#039;beating a dead horse&#039;.</p>
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