Crushing Debt, The Outstanding Public Debt as of 20 Oct 2013 at 06:28:33 PM GMT is: $ 17,083,128,937,958.77 The Daily Bleed Who Pockets Our Cash? If over 17 trillion dollars that we pay interest on is not a Crushing Debt, Id love to hear someone explain why! Related, who has a THE PLAN on securing our peoples comfort, health and mental welfare (well-being) in their Wisdom from Experience Years without this 1933 New Deal called Social Security? It is a foremost economic problem we face right now, in case you didnt know. Well, first know that Social Security is a trust fund account. Does anyone know how the funds are booked? In interest bearing account, of course. Fiduciaries operate it, by definition. Its other peoples cash. 1933 Reneging on its debt obligations would make the U.S. the first major Western government to default since Nazi Germany 80 years ago. Germany unilaterally ceased payments on long-term borrowings on May 6, 1933, three months after Adolf Hitler was installed as Chancellor. The default helped cement Hitler’s power base following years of political instability as the Weimar Republic struggled with its crushing debts. ... If over ten trillion dollars is not a Crushing Debt, Id love to hear someone explain why! The National Debt has continued to increase an average of $2.64 billion per day since September 30, 2012! ... The estimated population of the United States is 316,883,218 so each citizens share of this debt is $53,909.86. ... Perks - For keeping the interest flowing into their bank pals pockets (Lobby)! Boehner Benefits No legislator – living or dead – has been paid a higher salary by the taxpayer than Speaker Boehner. While in office, the Ohio Republican will get the top annual salary in Congress: $223,500. His Senate counterpart, Majority Leader Harry Reid, D – Nev., and other congressional leaders are paid much less, $193,400 per year. The House speaker’s taxpayer-funded perks don’t stop when he leaves office. Like all members of Congress who have held office for at least five years – Boehner has been in the House since 1991 – he is entitled to a generous pension. But Boehner gets an additional benefit: Up to $1 million per year for up to five years after he leaves the office to “facilitate the administration, settlement and conclusion of matters pertaining to or arising out of” his tenure as speaker of the House, according to a little known law. This provision has allowed former Speaker Denny Hastert, R – Ill., to rack up more than $997,000 during the course of three years to document materials related to his time in office. “The archiving continues to go on,” spokesman Brad Hahn told the Chicago Tribune in Feb. 2010. “I wouldnt want to speculate on a timeline.” ... The Honey Money The Lobby Bees Hive, The biggest senate perk just might be their Fund Raiser for election and re-election accounts. Oh yea, plenty to retire on. Thats the honey money! Yep. Senate campaign committees remain the only federal candidate committees not required to file their financial disclosure reports electronically directly with the Federal Election Commission. This means that it often takes weeks, and sometimes months, for voters to get detailed information about who is funding these politicians war chests. It costs the government hundreds of thousands of dollars in taxpayer money each year to enter the Senate candidates paper records into digital databases. Thankfully, some lawmakers are trying to change this. In February 2013, a bipartisan bill known as the Senate Campaign Disclosure Parity Act (S. 375) was reintroduced by Sen. Jon Tester to fix this problem. On July 24, 2013, the bill was passed out of the Senate Committee on Rules and Administration by voice vote. At that time, it had 34 cosponsors from both parties. Its time to make e-filing happen. Is your senator on board? https://opensecrets.org/action/issues/efiling-senate-campaign-finance-reports/
Posted on: Sat, 26 Oct 2013 04:13:41 +0000