Here is what means to vote for a Romney/Ryan Presidential ticket in 2012

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SouthAmerica

August 13, 2012

SouthAmerica: Here is the Republican Party solution for the United States regarding its Medicare and Medicaid programs. Here is what is in store for American senior citizens in the coming years:

Paul Ryan solution on how to fix the Medicare and Medicaid programs

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The Crumbling of America
http://www.elitetrader.com/vb/showt...=Republican+Party+healthcare+plan#post3480555

March 21, 2012

SouthAmerica: Anyone with any common-sense would realize very quickly that Wisconsin Republican Rep. Paul Ryan is a real Moron.

About an hour ago I did watch for a while on C-Span3 a live debate of the House Budget Committee regarding the Republican Party 2013 budget plan.

Wisconsin Rep. Paul Ryan's Republican Party 2013 budget plan announced Tuesday, March 20, 2012 would change Medicare into a voucher-based system, drastically overhaul the tax code, repeal Obama's healthcare reform and scale back many social welfare programs by converting them into block grants.

The Republican 2013 budget plan would cut the Medicaid program by 45 percent, and also would cut 19 million people out from the foodstamp program.

Rep. Paul Ryan is a real idiot, and he probably does not even know what kind of expenses are paid from the Medicaid program related to the ageing American population.

The reality is: the Medicaid program is going to go up because of the number of Baby Boomers are going to explode in the coming years, and many of these Baby Boomers will need the Medicaid program more than ever before.



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On 'This Week,' Paul Krugman Destroys Romney Surrogate, Calls Ryan Plan a 'Fraud'

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August 13, 2012

SouthAmerica: The Paul Ryan's compassionate Republican Party solution to fix the Social Security, Medicare, and Medicaid programs is called “Euthanasia”.

First Republican presidential candidate Herman Cain had his silly program “999” to fix everything, and now we have Paul Ryan with his program “666” also known as “Euthanasia” to fix the Social Security, Medicare, and Medicaid programs.

Euthanasia in the United States it would be a simple Republican solution to deal with the problem of a exploding baby boomer generation.

The Republican Party solution: make “Euthanasia” legal in all states of the United States, and create a simple package deal including all the cost of “euthanasia”, plus a body cremation, plus the price of a cremation urn.

This simple Republican Party solution it is like killing 3 birds with one stone – and it is a simple Republican way to fix the Social Security, Medicare, and Medicaid programs.

Euthanasia Documentary

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U.S. Government To Euthanize Millions Of Americans

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Economic Aspects of Euthanasia
http://www.life.org.nz/euthanasia/euthanasiapoliticalkeyissues/economics/


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Budget Proposals ‘Euthanasia’
http://www.themainewire.com/2011/12/dem-rep-lepage-budget-proposals-euthanasia/

Maine's Governor LePage (R) proposed DHHS budget equivalent to government-run euthanasia...

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August 14, 2012

SouthAmerica: Regarding the new Ryan/Romney Presidential ticket in 2012 - here is an analysis of Paul Ryan's budget scam.


Capital Account – August 13, 2012
The Political Derivative of a Romney-Ryan Presidency in the Kleptocratic Age!

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Welcome to Capital Account. Mitt Romney has anointed Paul Ryan as his running mate for his presidential bid in 2012. What does this VP choice really mean for free market capitalism and fiscal reform, the pillars of Mitt Romney's electoral platform? We ask Market Ticker's Karl Denninger, if Paul Ryan really has a plan to reign in the debt, and if Denninger, as a libertarian, is excited about Ryan as a Vice President or if he is just another establishment politician.

Plus, as we see analysis of plans to reign in government deficits, we wonder if any of the plans really do this or if they just shift the costs and fail to address the actual problems? We talk to Karl Denninger, author of "Leverage: How Cheap Money Will Destroy the World," about Ryan's budget, addressing Medicare and Medicaid.

One surprise addition to the Romney-Ryan ticket is Ayn Rand, the supposedly tax-hating, capitalism loving, libertarian-inspiring, objectivist philosopher. Although Paul Ryan has recently publicly distanced himself from Ayn Rand, that's neither here nor there (he is a politician after all). And so, many are dissecting the Rand-inspiration Ryan has cited publicly over the years. We thought we should look at how her objectivist, anti-socialist ideology has manifest itself in Ryan's record so far: Paul Ryan voted for subsidizing the banks with TARP, voted for the prescription drugs in Medicare Part D, and gave a green-light to the Iraq war, which added billions to the deficit he purports to want to cut. How's that for socking it to the government looters and moochers?

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August 14, 2012

SouthAmerica: Here is some information that I posted on the ET economic forum about 6 years ago regarding this subject as follows:


CBS – “60 Minutes” – We Reached a Critical Point for the United States Economy
http://www.elitetrader.com/vb/showt...858&perpage=6&highlight=medicaid&pagenumber=1

September 1, 2006

SouthAmerica: ...Instead of wasting trillions of borrowed US dollars (borrowed from the other countries around the world) to wage wars around the world – the United States government should instead focus its attention and resources to a more important matter related to the future of the United States – “The Ageing of America.”

Looking at strategies to deal with aging America it is by far a better use for all this borrowed money than used it to wage wars in foreign lands.

Why we are at a critical point regarding this ageing issue in the USA?

The issue is critical because the baby boomers — those born between 1946 and 1964 — began turning 60 this year and are rapidly approaching retirement age. By 2030, the number of people over age 65 in the United States will exceed 72 million — double the number in the year 2000. And with possible breakthroughs in science and technologies the number of Americans over age 65 can be even higher by 2030 – maybe as high as 75 million people.

The American mainstream media is doing a lousy job as usual and they are not raising the red flag to show to the American people this major shift in population age that is under way.

The mainstream media is not putting the spotlight on this coming problem. Most Americans are not aware of the magnitude of this problem and it is a problem that affects all of us – Republicans, Democrats, Independents, Catholics, Protestants, Jews, the rich, the poor, and so on – This should be among the major problems to be solved in the coming years and not be a problem that is not even showing in the radar of the Bush administration.

Today the United States has about 39 million people over the age of 65. But by 2030 – 24 years from now – this figure should grow to over 72 million people according to the US Census Bureau.

How is this going to happen?

One day in 2030 we will wake up in the United States and from nowhere the old folks multiplied themselves from 39 million people to 72 million people overnight?

No. That’s not the way that is going to happen.

What is going to happen in reality is that every year from 2006 to 2030 we will have approximately 1.4 million new people over age 65 to add to the number of people already over age 65.

Every single year we have a net gain of 1.4 new old folks to add to this pool of people -(The annual increase of 1.4 million is a net figure that takes into account the new group that turned 65 during the year less the old folks that died during that year.)

The best way to represent what is happening with this age group of people is to show a snow ball going downhill – at the top of the mountain we have a very small snowball going down hill - and as the snowball goes down hill the snowball increases in volume very fast as it picks more snow as it is rolling down hill on the mountain. By the time the snowball reaches the bottom of the mountain we have this massive snowball. The snowball grew so much in size with a little bit of snow at the time.

It is bad enough news that the population aged 65 and older is doubling in size between 2006 and 2030, but that is not the entire story – there is more bad news.

Research regarding the old folks shows that Medicare expenses increases drastically for the population who is classified as oldest-old (those aged 85 and older) – this group of people is supposed to grow from 4.7 million people in 2003 to 10 million people in 2030 and again double to 21 million people by 2050. The latter increase will reflect the movement of Baby Boomers into the oldest-old category.

As we dig it deeper this story gets even more interesting – The 1990 census reported that 37,000 Americans were centenarians. The number grew to 50,000 in Census 2000 – and it is projected that by 2030 the United States will have over 1 million people on this age category. Centenarians are the folks who are at least 100 years old.

Instead of a simple posting on this message board we can write an entire book regarding the impact that the snowballing of people aged 65 and older will have on the US economy year after year from now on…….

It is not going to be a pretty picture.

Most Americans have not realized as yet that this is a “train wreck” that is coming very soon – it is a process that is under way – that is not some information that people put together to just scare the population – This is the real thing and the figures include all of us that are living in the United States today – our parents, our grandparents, our uncles, and all sort of relatives – These figures are made of people who are alive and living today in the United States.

Can the United States afford to keep this war going indefinitely in Iraq and costing a fortune in borrowed money, when the United States could use instead these hundreds of billions of US borrowed dollars to prepare the country for the ageing of its population?


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The mainstream media is not doing their job in the US regarding this train wreck, but today thanks to the internet we can do the job for them.

Remember this is a problem that will affect the lives of everyone and it does not matter if you are a Republican, a Democrat or belong to any other type of category – Ageing in the United States is a problem that will affect most of us and we have to work together to find innovative solutions for this major problem that is coming to the old USA.


Note: The source of information for most numbers mentioned above you can find on a report published by the US Census Bureau.

Current Population Reports 65 + in the United States - published December 2005.


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10-02-06 06:44 PM

Arnie: Give us a timeline. Anyone can go around saying the sky will fall. Lets get a concrete estimate of WHEN this will happen. Maybe you could enlighten us all and show us where this has happened in the past.


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CBS – “60 Minutes” – We Reached a Critical Point for the United States Economy
http://www.elitetrader.com/vb/showthread.php?s=&postid=1221808&highlight=medicaid#post1221808

October 3, 2006

SouthAmerica: Reply to Arnie

I gave you a timeline – from 2006 to 2030 we are talking about 24 years.


................ Population............ Population
Year …………. Aged 65 + ………...Aged 85 and Older

2006……………….39.0………………………..5.3
2007……………….40.4……………………....5.5
2008 ………………41.8 ………….……….….5.7
2009 ………………43.2 ……………………….5.9
2010 ………………44.6 ……………………….6.1
2011 ………………46.0 ……………………….6.3
2012 ………………47.4 ……………………….6.5
2013 ………………48.8 ……………………….6.7
2014 ………………50.2 ……………………….6.9
2015 ………………51.6 ……………………….7.1
2016 ………………53.0 ……………………….7.3
2017 ………………54.4 ……………………….7.5
2018 ………………55.8 ……………………….7.7
2019 ………………57.2 ……………………….7.9
2020 ………………58.6 ……………………….8.1
2021 ………………60.0 ……………………….8.3
2022 ………………61.4 ……………………….8.5
2023 ………………62.8 ……………………….8.7
2024 ………………64.2 ……………………….8.9
2025 ………………65.6 ……………………….9.1
2026 ………………67.0 ……………………… 9.3
2027 ………………68.4 ……………………….9.5
2028 ………………69.8 …………………….…9.7
2029 ………………71.2 ……………………….9.9
2030 ………………72.6 ………………………10.1



The above table gives you a concrete estimate of the number of people age 65 and plus that we can reasonable expect here in the United States from 2006 to 2030.

I want to bring to your attention that these people are already here – they are your mother, your father, your grandparents, your relatives and friends – these are actual people living today in the United States.

These numbers can be even higher if we have some major breakthroughs in medicine, in healthcare, and also if the United States absorbs a massive amount of older illegal immigrants from other countries in the coming years.

What is happening here in the United States today regarding its population has never happened before. We don’t have a past history to be able to study the past. The United States never had so many old folks around. I want to remind you that the average age when people died in 1900 was around 47 years old.


Population of the United States

Year …….Millions of People

1900 …………….76
1910 …………….92
1920……………106
1930……………123
1940……………132
1950……………151
1960……………179
1970……………203
1980……………227
1990……………249
2000……………281
2006……………300



Longivity

People in the United States are living longer and healthier lives than ever before. Average life expectancy at birth rose from 47.3 in 1900 to 76.9 in 2000.

When Ronald Reagan was president in the 1980’s the United States still could afford to play the deficit game and heavy expenditure on defense since the “time bomb” of the Baby Boomer generation still decades in the future.

In 2006 the story is different the Baby Boomers are reaching age 60 and from now on they are going to have a tidal wave of people living in the United States over age 65.

The sudden increase in longevity will create a large pool of people over 85 and older and these older folks are going to cost a fortune to the US government in the coming years in Social Security, Medicare, and so on…..


Part 1 of 2


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Part 2 of 2

October 4, 2006

SouthAmerica: Today, October 4, 2006 the cable television channel “CNBC” on its program “Power Lunch” they did broadcast a live speech by Ben S. Bernanke the Federal Reserve Board Chairman at the Economic Club of Washington.

And on his remarks Ben Bernanke has raised the “red flag” that I have been mentioning on this thread – the tidal wave of Baby Boomers that will need Social Security, Medicare, and Medicaid in the coming years.

This “Tsunami” (a very large tidal wave) is not something that is going to happen some day in the future. The “Tsunami” is here and it is time to run for the hills.

His speech was very good and “almost” to the point. Here is why:

The real problem “is not” with the Social Security fund, and Ben Bernake knows that, and in my opinion the government should leave the Social Security fund alone.

The real problem is with the “Medicare and Medicaid” funding. Here is were we have no way of knowing how much the old folks are going to cost the federal government in the future. Here is where the major problem lies and we need to develop new solutions for the Medicare and Medicaid problem.

Ben Bernanke told us on his remarks about the savings rate, about pensions, about deficits, about everything that he could think of – while he discussed anything and everything including cutting benefits in Social Security, Medicare and Medicaid – but he ignored and did not say a word and nobody wants to talk about it, including Mr. Bernanke, about “the elephant standing in the room.”

I understand why he can’t talk about “the elephant standing in the room” because of political reasons and that would be the last thing the Republican administration would expect from him as Fed Chairman.

The truth is the Fed Chairman can’t talk in public that the United States can’t afford all this “defense expending” and wage wars around the world with an incredible price tag attached to it at a time when there is a major crisis in the horizon that will require a ton of money in the US.

IN A NUTHSHELL: The United States will require a ton of money to be able to take care of this “Tsunami” of people aged 65 and older. And the United States can’t afford to spend all this money to keep the war in Iraq and in Afghanistan going on forever.

The worst part is that the United States is not using even its own money to fight the war on Iraq – the United States is using money borrowed from foreign countries at the tune of $ 3 billion US dollars per day.

I wonder for how long the Chinese, the Japan and other foreigners will continue lending money to the United States for the United States to wage war against other countries?

This is not money that is being invested for the future – this is money that is being pissed away very fast. Iraq is a money pit and it does not matter how long the US stays in Iraq things just are not going to improve – Only “FOOLS” would keep poring money and invest into baby-sitting a nasty sectarian civil war.

For the American people the choice is very clear: Use the money to take care of its ageing population at home or “piss the money” in fighting an illusionary war that at the end – it will turn out just like Vietnam and I already can picture seeing on television the last helicopter leaving a rooftop in Iraq with the last American personal that fought in the Iraq War.

For all practical purposes the Iraq War has been lost, it has been very clear to me for a long time, and now it is just a matter of time for someone to have the guts to cut the US losses short and return the occupational forces home from Iraq.

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August 14, 2012

SouthAmerica: Here is another posting of mine at the ET economics forum regarding the US healthcare crisis, and the important role that “Medicaid” play at the end of the life of millions of Americans.

Regarding the senior citizens who live on nursing homes across the United States and a large number of these people suffering from Alzheimer’s disease – after these people run out of their financial resources then the “Medicaid” program step in and start paying the annual nursing home costs until that nursing home patient's death.

In the coming years when we consider the “Tsunami” - the tidal wave of “Baby Boomers” that will need Social Security, Medicare, and Medicaid - and the sudden increase in longevity which will create a very large pool of people over 85 and older and these older folks are going to cost a fortune to the US government in the coming years in Social Security, Medicare, and it will result also in an explosion regarding the cost of “Medicaid”.

At a time when the “Medicaid” program it will be needed more than ever in the coming years by the American people, the Paul Ryan budget scam calls for a cut of 45 percent of that very important social program.


U.S. Healthcare in Crisis
http://www.elitetrader.com/vb/showthread.php?s=&postid=1405351&highlight=medicaid#post1405351

December 28, 2006

SouthAmerica: ...Another good friend of mine his single sister also was diagnosed with Alzheimer’s disease during the summer of 1997 and she was 74 years old at that time – her brother found a nursing home in Montclair, NJ where she has been living for almost 10 years.

After the lawyers sold her house and added to her savings she had over $ 500K to be used towards her nursing home care – about 2 years ago all the money was gone, and since then “Medicaid” has been paying her nursing home care. She is about 84 years old today and she can hang on for a few more years.

Over the years I went 3 or 4 times to the nursing home to visit her with her brother, and I can tell you that place is a very depressing place to visit even for a half hour – never mind having to live day after day in such a place. But we did show up at the nursing home on different days and at different times and the nursing home it seems to be giving her good care. But as you walk in the corridors of the nursing home you can see all these people just sitting on wheelchairs outside their rooms or just laying in bed waiting to die – it is not a pretty sight.


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August 14, 2012

Note: Regarding my friend's sister - She finally died in the fall of 2008.

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Quote from Lucrum:

I'm STILL voting for Romney.
More...


Lucrum, remember you be voting for the Ryan/Romney presidential ticket....

Thanks for rating 21 times this thread "worst" - I can count with your 21 votes every time.
 
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