Hillary Proposes $5K For Each Baby, page 1
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Topic started on 28-9-2007 @ 04:13 PM by jsobecky

Hillary Proposes $5K For Each Baby


www.ibsys.com
Democratic presidential candidate Hillary Rodham Clinton said Friday that every child born in the United States should get a $5,000 "baby bond" from the government to help pay for future costs of college or buying a home.

Clinton, her party's front-runner in the 2008 race, made the suggestion during a forum hosted by the Congressional Black Caucus.
(visit the link for the full news article)



[edit on 28-9-2007 by UM_Gazz]


reply posted on 1-10-2007 @ 02:23 AM by Cthulwho
1. Australia is not a country tumbling into the hellfire of socialism, the government in power at the moment is the equivalent of your Republican party.

2. The population doubling is not coming from Western countries, where the birth rate is less than 2 children per family. We’re actually importing children from these growing countries in order to make up for our shrinking population.

3. I think that if poor families are going to have lots of children they’re going to do it regardless of whether they get this baby bond.

4. If poor families do get this baby bond theoretically their children will be able to get a better education and be able to escape poverty, effectively reducing the number of people relying on welfare.

5. This baby bond would be targeted at middle class families that are choosing more and more not to have kids because it’s too expensive. So less, well educated middle class kids are being born, and being replaced by poorly educated lower class kids.

6. I’m sure the baby bonds will be invested at more then 8% per annum, that’s about how much you would receive at a bank. I think 20% per annum sounds a bit more reasonable.

7. Illegal immigrants most probably aren’t entitled to this baby bond.

8. In Australia we have the $5,000 baby bonus which is meant to cover the cost of the baby e.g. hospital costs, nappies, clothes, books etc. This is probably a better idea than the baby bond proposed by Clinton. I think in Russia and some European countries they give tax breaks for having children, which in my opinion is an even better idea. This means it’s less attractive for lower income families, and more attractive to higher income families.

9. I’m sure an economy like America’s can handle spending $10-$20 Billion a year on such a policy considering the future benefits it will provide.

10. What Karl Marx predicted was the rise of the trade union movement, it was just incorrectly interpreted by Lenin and co. as the states responsibility to impose collectivization and heavily regulate the economy.

P.S This topic reminds me of a movie I watched recently called “Idiocracy”, if you haven’t seen it I suggest you hire it out, one of the funniest movies I’ve ever seen.



reply posted on 1-10-2007 @ 08:42 AM by thisguyrighthere
Ever see Idiocracy?

Well, here we go.

Ask anyone around here to name some Presidential candidates and the answer is always the same: Hillary Clinton and the black guy (they cant remember his name). Needless to say the area I am in is populated exclusively by morons who would rather have spinning rims on their cars than own property and if isnt on the E Channel it just isnt happening.

So all of these people hear Clinton promising them free money for their bad behavior. They love it. Dont mention anything at all about taxation, finance or the economy, they wouldn't understand. All they hear is free $5,000. I'd be willing to bet they don't understand the money is to be put in some ridiculous fund. They think they're getting a check for $5,000 to do with what they please.

I can understand in a perfect world where Cthulwho apparently lives why the idealistic and fantasy driven would like such an idea but in practice this asinine move would simply reward bad behavior by people who honestly have absolutely no sense. Dont these people exist in Australia? I speak from 30 years experience living in welfare central surrounded by every kind of government "help-out-the-poor" program under the sun that this madness never ever helps anyone. It makes thing so unbelievably worse you can't imagine. The cities around me are crumbling with crime and poverty and are all headed for bankruptcy if they aren't bankrupt already because of these idiotic policies and people keep asking for and voting for more!

Why haven't any of the candidates talked about REALLY helping people by ending these NAFTA and CAFTA things, bringing industry and manufacturing jobs back to America, ending these ridiculous and crippling taxes and locking down the borders? It's not that hard it just takes some work and you'll have to say no to special interests groups. Instead they make more ridiculous promises and push us further down the road to economic collapse.

Well, that's just great.

I swear this is all being done on purpose. There simply is no other explanation for making such obviously bad decisions over and over and over and not ever learning anything from it.

I hope idiotic ideas like this win out and I hope we all get taxed 80% and I hope the dollar collapses into oblivion and there is no more food or medicine or clean water for anybody. Even then I don't think people will learn their lesson. I've run out of hair to pull out.
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