Talk of The Villages Florida - View Single Post - The Rubber Meets The Road
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Old 07-24-2011, 09:17 PM
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vk,

You knew you'd get some "back atcha" responses and tonyafd's was pretty good!

But back to the stuff. Don't fret the pension costs. The folks who get them will spend them like good middle class folks doing their job putting every dollar back into the local and national economy. They don't have a Camans bank account or spend summer on the coast of France.

If we redesign the unproductive system, or completely privatize it, the government pension responsibilities will be drastically reduced or eliminated in a relatively short time. Lets worry less about what's been committed in the past and proved to be a less than great idea, and concentrate on designing replacement systems which work now and into the future. The USPS is one of scores, maybe hundreds of government agencies which should be redesigned and formatted for the future. A visionary Chief Executive would see this as the path to further budget savings. Perhaps we should form "America's Future Party" to demand it.

If you were a banker, you know of the incredible pecking order bonus system and the billions currently held out of investment as financial institutions seek their one goal, to get bigger. The bonus system insures blind loyalty to include amoral and illegal behavior, requiring that the government aggressively regulate unbridled greed. Yes, the reserve requirement is critical, but institutions are sitting on trillions needed to stimulate real economic growth. Instead of collecting reasonable interest on investment, they are making their money by dunning individuals and small businesses with every fee they can contrive to beat new banking regulations. It was devastating to give bankers bonuses for writing bad mortgages then, but even more so for mismanaging foreclosures and roadblocking millions of potentially good mortgages now.

Hey, how about that "America's Future Party". It isn't practical to think it could be a real third party, or that any third party will ever successfully become a majority force in national decision making. But it could be a lot more exciting than the one-dimensional Tea Party. And there could even be an endorsement for President in 2012. My suggestion would be Barrack Obama. I'm pretty sure he'll be the first incumbent President I've ever voted for.