Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Srexley who wrote (734257)	3/28/2006 2:10:57 PM
From: pompsander	Read Replies (4) \| Respond to of 769670

Thanks for your thoughtful response...on to your points. In my practice I represent employee benefit plans. Let me tell you the new Medicare Part D drug plan is a nightmare..a nightmare for those of us who have to administer it, a nightmare for those medicare eligibles who have to pick a plan to live under, a nightmare for the pharmacies and clearing houses...overly complex, poorly designed, with a "doughnut hole" in coverage that will harm individuals tremendously. This plan was not needed. If someone wanted to provide seniors with a drug benefit the employee benefit community had numerous concepts suggested that could have done this...something as simple as providing a $5,000/yr. indemnity benefit for each eligible person. The person would be incented to find the cheapest drugs at the cheapest sources to get as much benefit as possible out of their five grand. Canadian drugs could help here, as could bulk buying. Were these suggestions from administrative professionals listened to? No. Were the drug companies listened to...the ones who will make an enormous windfall off the design of the current plan? Oh, yes. I'm sitting in appeal meetings right this week with seniors that can't get the current plan to work for them...or can't understand it. This is an example of a republican design that is just the wrong plan for the wrong reasons. I will find the links on the rate of domestic spending increase. I know others have posted here. Buddy? Bush should have vetoed the highway bill and the last farm bill, for starters. I can't believe better, leaner, legislation would not have been returned to him if he had sent a message that he is not "a rubber stamp". Remember the "bridge to nowhere" in Alaska? Why isn't a President dedicated to Republican principles of lean government holding up stuff like this and saying: "not on my watch?" To say that government is "inept" just justifies the process as we know it. The President is the one person in government who can make a massive imprint on spending by the use of the pen...if he wants to.

To: Srexley who wrote (734257)	3/28/2006 6:52:57 PM
From: CYBERKEN	Read Replies (1) \| Respond to of 769670

The deficit today is LESS than pocket change, thanks to George Bush, whose tax cuts put an END to the recession of Bill Clinton and his bond whore, Robert Rubin. It becomes a burden if and when the surviving class-hatred socialists and bond whores get the opportunity to raise taxes. The national debt is next to nothing compared to the real value of the nation's assets. The national debt has no shortage of customers in a hostile world-EVERYBODY wants US government bonds, and HAS since Hamilton established the first national bank in the 1790's. The debt becomes LESS attractive to investors, and MORE of a burden to America, only when surviving socialists, bond whores, and protectionists get the chance to raise taxes. The three legs of our successful economic stool are: Lower (or NO) taxes on capital formation. Limitation of the perversion of our tort law. Protection of property rights. These have all been damaged, and are under attack from the domestic enemy. That domestic enemy would bring poverty to the nation, hoping that it would collapse. That domestic enemy finds its HOME in the Democrat party. Certainly there is immoral and unnecessary spending. It's called Social Security and Medicare, and these should both be abolished tomorrow. There are plenty of reasons, but, to make a long story short, just look at Phillipps...