The Conservative Cave
Current Events => Politics => Topic started by: Alpha Mare on October 08, 2009, 10:09:32 AM
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Liberals have added a new page to their old, dogeared playbook. When everything you're proposing is failing, use the children in order to score cheap political points.
Yahoo reported yesterday:
Imagine a world where every baby received a trust fund at birth. It might sound like a fairy tale, but being born into money--or at least into a $500 savings account--could soon become reality for all children born in the United States. Lawmakers are considering a bill that would give each newborn just that, with the goal of promoting savings that would later be used for education, a first home, or retirement. (snip)
"The important thing is that everybody gets an account," says Cramer, and that it's opened automatically so families don't need to take much action. It would still be a progressive program, he adds, because as the ASPIRE Act is currently written, poorer families would receive additional funding.
How far have we fallen that now we need the federal government to provide seed money for the futures of our nation's children?
http://www.americanthinker.com/blog/2009/10/carrot_on_a_stick.html#http://www.americanthinker.com/blog/2009/10/carrot_on_a_stick.html#
Over the first decade of its life, the program would cost around $37.5 billion, and would start at around $3.25 billion per year. Cramer argues that because the money would be invested through the savings account, it would help spur economic growth. Lawmakers sponsoring the bill have said they would pay for it by making other cuts, but the bill doesn't specify what those cuts would be.
http://finance.yahoo.com/news/Coming-Soon-500-for-Every-usnews-3217986354.html?x=0&.v=1
Yeah, this'll work out great.
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Think of all of the anchor babies that would receive those monies. I wonder if the Illegal alien families have access to the money??
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I thought they despised Bush's market-based retirement accounts because it relied too heavily on--well--the market?
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I thought they despised Bush's market-based retirement accounts because it relied too heavily on--well--the market?
But...but...it's free money!!!
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$500 savings account...now that's a real trust fund if you ask me... :whatever:
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Cradle to the grave freebies, just what the DUmmies want.