Steadygain
TSP Elite
hi steadygain
Hey there - WELCOMEand it's great having you stop by.
Sounds like you're going to fit in pretty good. We're just a bunch of regular guys and gals - working hard and trying to make a decent living and be fairly decent people in general.
So as things like the National Debt - getting bigger and bigger and eventually we have the real experts being able to pin point when the pain is going to start it's a hard thing to deal with.
On the whole it has not been a problem so far - because so far it has been able to be largely passed on from one Administration to the next -- without any strain to Society at Large - and therefore the voters were happy and honestly LIFE HAS BEEN VERY WONDERFUL throughout the years.
Before we get too upset with the USA for 'letting this happen' I think it's very important to consider our standard of living compared to the rest of the world. Only when you step over the border into the areas of Mexico - next to Texas - Hatii; Latin America; South America; Dominican Republic; Cuba; China; North Korea; India and almost any other place other than the USA and Europe are you forced to deal with the Abundance we've always known compared to the bare minimum of survival.
So - although I can appreciate the disappointment and anger that this DEBT will undoubtedly force upon the overall population - we must remember that EVEN TO THIS VERY DAY it is not something that has even remotely impaired our way of life and the enjoyments throughout.
We've know all along it would eventually have to take a TOLL on EVERYONE - but so far by simply borrowing more and more things have been exceptionally good.
I was just going thru some of the threads here and saw your statement that by 2019, 55% of our money be taken away as tax.
I'll have to find the article and link it here for everyone to read. It's possible I miss read it.
The article was more geared towards the urgency of the USA taking immediate action to change the underlying structures that keep things as they are. It was way more stressing that if we continue as we have continued over the past 30 years or more - and do not make a very serious effort to PAY OFF THE DEBT - that by 2019 - 55% of our money will be needed 'as TAX to pay off the DEBT' in order for our country to continue.
We will still have TAX on everything else and if we are still dependent on OIL then gas will be easily $10 a gallon by then
What a ripoff - but just thinking for a minute or so about all the bailouts, etc makes you realize that the payment for all this will ultimately end up coming from us taxpayers.
My dear friend - and I say this not even knowing you but I'm so in tune with your heart and mind on this.
In the past I've made many 'angry comments' about these bail outs and the rest. I (and the rest of the Country) were led to believe that this entity was the ROOT of our Problems - and even though it will be costly - once we BAIL THEM OUT - everything else will fall in place. So the 'BAIL OUTS' sounded like the BEST SOLUTION. But then it was something else ... and the story repeated itself over and over. Let alone the expense of Iraq's Oil - under the pretense of our fight on Terrorism. BUT I honestly do not want to get back in to 'THE BLAME GAME' - because that's all it is - and it's too much a part of our nature to find comfort and justice in BLAMING THIS PERSON OR THAT OR THIS GROUP AND SO FORTH - when nothing can really be accurately seperated out. THE FACT IS - IT IS THE WHOLE PICTURE AND WE ARE ALL INCLUDED - THE LIFESTYLES WE HAVE AND THE STANDARDS WE HAVE ALWAYS KNOWN ARE PART OF THE REASON. It is human nature at large - and I realize 'we are all good people' - but we do not have the ability to live and work together as we should and in the MODEL all of us are born into and forced to live in that MODEL and be an active part of it - WHAT CAN WE DO??
Because of this I am thinking that it would be good to have a Roth type IRA or TSP where the $$ you put in is tax free when you take it out. I cannot remember where I heard or read it but I am under the impression that within a couple years the TSP may introduce a Roth type option. That would be great. Of course, in the ongoing chess match between the taxpayers vs the banksters/crooks/Fed, I would not be surprised if this never takes place. That way they can make sure we pay taxes on a greater amt of $$, after it has had a chance to grow.
My friend - I feel for you. The overwhelming odds are you will not be able to hide your money in the future or more especially be able to keep 'them from taking how ever much they need'.
Again - as hard as this pill is to shallow - the TAXPAYERS are the ones who have known and enjoyed the highest and most abundant standards throughout the world. It is largely 'OUR EXCESS' that has fueled the general structures to continue as they have.
"I'm now convinced that it's part of the human condition and that in and of itself is the underlying problem. It appears impossible that we could live and work together without someone in charge. Once a hierarchy is in place we need endless rules to protect and administer it, the law and its enforcement, and we largely wind up with some 'chain of command' - or a system of order that destroys relationship rather than promoting it. Rarely do we experience relationship apart from power.
In our world the value of the individual is constantly weighed against the survival of the system - whether political, economic, social or any other system. First one person, then a few, and finally many are sacrificed for the 'good' and ongoing existence of the system.
This is what lies behind every struggle for power, every prejudice, every war, and every abuse of relationship. The will to power and independence is perhaps the greatest driving force we know.
The deeper I think about everything the more I realize it is not Bush or Obama; it is not the Bank Execs; the auditors... and everyone else we would love to lump in a group and 'Blame for everything'.
The TRUTH is - they along you and me and everyone else has no other choice but to live in the Human Condition that has dominated our existence from the very beginning and throughout the years. "
:laugh:
