Former Mexican President Fox told Larry King that the United States needed a constant flow of people from his country into this one to ensure that the Social Security program didn’t fail. You can find the video of that interview on youtube.

Run our of money it will, and I’m quite certain we’ll hear people begin to complaining about the broken “promise.” It was never really a promise. It was wealth redistribution scheme designed to take wealth from the citizens of the states to the central fund of the United States government..

Further, why do you assume that the federal government is responsible for anything other than the enumerated powers defined by the Constitution? Remember, the federal government has nothing to give except that which it takes by force from its citizens.

Perhaps the cities, counties and states should start taking care of their own rather than expecting wealth redistribution from uncle Sam to solve all their local problems.

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You asked:

“Do you think for a moment that FDR and his cronies didn’t know that Social Security was nothing more than a giant Ponzi scheme?”

I think FDR realized there was no way for a society to save for the elderly members of their society by saving money. Perhaps they could have accomplished saving for retirement by opening warehouses and saving current economic goods for later consumption, however further technological advances would have made the saved goods undesirable.

Now, perhaps America could have saved cash for the future by investing in foreign countries. But just how upset would you have been if we invested Social Security excesses in China?

Please understand I am not trying to say it is wrong for an individual to save for retirement. You as an individual can save for an increased share of things once you reach retirement. My point is that individuals can save, societies can not.

The only way to provide for our elderly is for the younger members of our generation to chip in. The Social Security system accomplishes this.

I am in fact going to start objecting to the labeling of Social Security as a Ponzi scheme. It is not a Ponzi, it is a promise.

To get me to expound all you have to do is ask something like “How in the heck can you say it ain’t a Ponzi scheme?” or something like that and I will share my thoughts about it.

Please cite the Article and Section of the Constitution that indicates medical care is a problem or responsibility for the federal government. I’ve been all over that document and its Amendments and somehow I’ve missed it.

The problem is politicians making promises and passing legislation aimed at only their own political gain. They know the true fruits of their labor will never come to harvest during the span of their own lives. Indeed, they pass the true cost of these programs to their grandchildren.

Do you think for a moment that FDR and his cronies didn’t know that Social Security was nothing more than a giant Ponzi scheme?

Medicare is the largest problem on the horizon. In its current form, it will suck the life out of every federal budget in the coming years. When we can no longer fund our military, what becomes of our security? When we can no longer fund the so-called “entitlements” will the current recipients just accept the fact that the ride is over? It’s more likely they’ll take to the streets.

There are harsh realities on the horizon. We have an economic time bomb and the average voter is deaf to the ominous sounds

tick, tick, tick…

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I like your joke I think its a joke

Foreign Aid and Earmarks are less than .1% of the budget

As a defense contractor here is the real deal. There is TONS of real waste in the Defense Department. Depending on how you look at it Defense Spending is over 50% of spending!!!!! The site is a bit biased antiwar but the numbers are legit.

http://www.warresisters.org/pages/piechart.htm

I would go into specifics but alot of it is classified. Needless to say how many more missiles, tanks, bombs, and satellites do we really need.

Of course this is political suicide as an R since strong national defense is the big government for the Rs and Hampton Roads Tidewaters whole economy is almost entirely reliant on the Defense Industry. Heck Northern Virginia is over 50% and even many of the tech firms are connected to defense in some way.

Would you agree that Medicare and Medicaid is the real problem? Would you not also accept that the real solution to this problem is solving the overall American problem with health care?

The health care problem is not just government’s. This same problem must be dealt with by the employer that writes your paycheck.

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I’m proposing elimination of all federal spending that is not specifically authorized by the U.S. Constitution. The consolidation and expansion of power in Washington D.C. is nothing less than usurpation.

What you’re missing is that unless something is done now (and I don’t mean more government “stimulus”) there will be no money to fund anything other than Social Security, Medicare and interest payments on the national debt. If you doubt what I’m saying, please visit the GAO website and watch the video presentations on the topic. Here’s the link…
http://www.gao.gov/media/video/fiscal/windows/amfiscal.wmv

We’re engaged in a $1 trillion a year war. I’m not talking about the illegal combat operations in the Middle East. I’m talking about the “war on poverty” launched during the Johnson era.

The question is not what to fund. The question is what is legal to fund. All else is the responsibility of the several states, to fund – or not.

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NCLB is a good start but I’d completely eliminate the Dept. of Education, and Energy and Homeland Security, FEMA and whatever other bloated federal, One-Size-Fits-All department I could think of, especially those who require The States and Localities to put up funds and be attached to the Fed teat.

In other words, return power to The States and The People. We can take care of our own backyards, thankyouverymuch!

Eliminate the Prescription Drug boondoggle.

Eliminate foreign aid.

Eliminate lobbyists.

No more earmarks, no more pork-barrel spending.

Require congress to filter all bills through the US Constitution. That should cut spending A LOT.

Instead of speaking in generalities and past expenses, why don’t you get more specific in where the money goes today? What would you cut?