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originally posted by: johnwick
a reply to: JesseVentura
Governor Ventura, I think that we should first off stop allowing SS to be treated as a "piggy bank" for pet projects.
Next, all fines from the banks "misdeeds"( if that's what we are calling outright theft by the banks these days) should be funnelled into it.
Also the same banks guilty of said "misdeeds" should give a prime interest rate on those funds, as they got to steal them and misuse that money for years before they got fined.
In their world, they knew they could make more off the money than the fines, thus after the fines it was a net gain for them.
This should be rectified by prime interest at a minimum, from the initial date if the transgression.
Thus it costs them money instead them gaining it.
On top of that, spending cuts from from the budget should also be funneled into it.
It makes little sense to structure the economy around it and let older generations profit from it, and then leave those of us paying into it holding the bag with no return.
This can be easily achieved at a net loss of zero simply by not raising the budget for a few years, allowing growth to outstrip debt.
If we spent the same at the fed level for 10 years we could wipe most of the debt and achieve a surplus at current growth rates.
Another 5 years at present spending levels and we would approach black ink for all liabilities.
So a decade and a half no I crease in spending.
That is all we would honestly need.