He is the "60th vote" who said "NO I won't go along with this an imperil the American financial order".
I say this and I mean it: This move has added about a decade to the life of the American financial order. Though it is clear that America will go insolvent regardless of the outcome - the bill as previously written would have hastened this "day of reckoning" and the new bill will merely make this happen about 10 years later than the one that Senator Lieberman stood against.
Here is what I don't understand. The leftist Quasi-Socialists are attacking Joe Lieberman as being a "slave of the insurance lobby from his state". Why is it that they don't read the financial analysis that is associated with Mr Liberman's claims? Instead they are listening to Obama and the Federal Democrat's spin on the bill being "revenue neutral".
The truth is the bill is only "Revenue Neutral" because it collects taxes for 10 years (starting in 2010) but the services don't kick in until 2014. I would love to sell you a car today, start your payments of a 60 month agreement next month yet deliver the car to you in 2 years. I too would claim a sizable profit on the deal.
The trick can be shown for what it is worth when we consider 11 years out, beyond the scope of this present deal. Since the 4 years of tax collection will no longer be an option - THERE IS NO OTHER OUTCOME BUT A DRASTIC INCREASE IN TAXES OR A MASSIVE SLASHING IN MEDICAL SERVICES if the next 10 years are going to be paid for. Fear not - in the year 2020 the federal debt will be approximately $20,000 billion and Medicare will have to draw upon current accounts because it is paying out more in benefits than taking in from payroll taxes.
Though our future is very cloudy as a nation at present I have to compliment Senator Joe Lieberman for reading this and saying "I will not be a party to this."
Or you can join the "Stop Joe Lieberman" movement if you don't care about where the tradewinds are blowing. Progressive Change Committee
1 comments:
The leftist Quasi-Socialists are attacking Joe Lieberman as being a "slave of the insurance lobby from his state".
Of course. He's supposed to be a slave of the party that turned its back on him years ago.
Post a Comment