Currently, after earning $106,000 a year, payroll deductions cease for the wealthy. The Federal Government says, "No, you've paid enough. Don't worry, we'll just appoint a committee to cut benefits for the people that depend on these services."
Bowles currently serves as the President of the University of North Carolina and was a former chief of staff at the end of the Clinton Administration. He was a Clinton fundraiser and an investment banker helping to found Carousel Capital, an investment bank. Bowles splits his time at the university and currently sits on the board of directors of General Motors, Morgan Stanley and North Carolina Mutual Life Insurance Company. Bowles knows about working people like John Wayne Gacy knew about being a lady's man.
"All of our revenue is completely consumed by entitlements," Bowles said. "This is today, not some forecast into the future. Every dollar we spend on the military, homeland security, transportation, education and research is borrowed, and half of that comes from foreign sources," he said. "That is a recipe for disaster."
With the wealthy paying around half of the tax rate that they paid in the 1950s, Bowels has it all backwards, All of our entitlements are under-funded because the wealthy don't pay enough to support them. We need to cut the military budget, eliminate the Department of Homeland Security, and instead spend the money creating jobs by improving transportation and the availability to a good education, or it will be a disaster.
We need to build our economy up, not tear entitlements down. If you want to judge a country just by its military prowess then America is a raging success. North Korea has a large military as well, but can't feed its people or keep them warm in the winter. France and Germany can't match America's military strength but do a pretty good job of taking care of their people. I guess it all boils down to what your definition of a second-rate power really is.
It's also depends on your definition of what a real Democratic administration is supposed to be. Or your definition of what a Judas goat really means. Best pray to Jesus because working people will get more help from Jesus than from this administration.
Bowles currently serves as the President of the University of North Carolina and was a former chief of staff at the end of the Clinton Administration. He was a Clinton fundraiser and an investment banker helping to found Carousel Capital, an investment bank. Bowles splits his time at the university and currently sits on the board of directors of General Motors, Morgan Stanley and North Carolina Mutual Life Insurance Company. Bowles knows about working people like John Wayne Gacy knew about being a lady's man.
"All of our revenue is completely consumed by entitlements," Bowles said. "This is today, not some forecast into the future. Every dollar we spend on the military, homeland security, transportation, education and research is borrowed, and half of that comes from foreign sources," he said. "That is a recipe for disaster."
With the wealthy paying around half of the tax rate that they paid in the 1950s, Bowels has it all backwards, All of our entitlements are under-funded because the wealthy don't pay enough to support them. We need to cut the military budget, eliminate the Department of Homeland Security, and instead spend the money creating jobs by improving transportation and the availability to a good education, or it will be a disaster.
We need to build our economy up, not tear entitlements down. If you want to judge a country just by its military prowess then America is a raging success. North Korea has a large military as well, but can't feed its people or keep them warm in the winter. France and Germany can't match America's military strength but do a pretty good job of taking care of their people. I guess it all boils down to what your definition of a second-rate power really is.
It's also depends on your definition of what a real Democratic administration is supposed to be. Or your definition of what a Judas goat really means. Best pray to Jesus because working people will get more help from Jesus than from this administration.
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