The Republican party and its nominee-whoever it may be-must not forget these words:
And I assume here he means the Red Chinese:
Lol he’s BSing.
He could be using Red Menace to mean debt, as in red ink.
Ponzi schemes require a profit making motive. Such does not exist with social security, and never did. It also requires deception. No one is deceived on how Social Security works.
To say it is a Ponzi Scheme is a lie. Anyone who knows the term like he does should also know its requirements.
I don’t think anyone has used the term “Red China” in your lifetime. In my opinion he was talking “red ink”.
We’ve seen this movie before- little know candidate announces for president and gets his panties in a twist because the big bad media won’t include him in debates and then tries to get attention in other ways. Mitch Daniels will be out after Iowa, if not before.
Mitch Daniels stated MONTHS ago he has no intention of running, and has repeated that assertion about every six weeks since. Of course, being that I live in his state I get to hear from him more often than most. Mitch is NOT running for president, he’s been very, very firm on that.
ETA: Yes, I’m pretty sure the “red menace” referred to is red ink. Something that, so far this recession, Indiana has avoided.
What was I thinking? Of course you’re right. Shame on me for my brain-dead reply.
China hasn’t been really “Red” in decades now. Pinkish, maybe. Although the really appropriate color for them right now may be “Green”, and not environmentally so.
Not to mention “Red China” isn’t a new red menace, its the old red menace. Agree he’s referring to red ink.
As to the rest, its just another iteration of politicians clucking their tongues at a system they’re not going to actually challenge. If Daniel’s was running, he’d be there promising to balance the deficit through tax-cuts and getting rid of NPR with the rest of them. And the voters would be loving it.
In anycase, I’m glad George W. Bush’s budget director is here to chide the country for running up deficits.
Why? Is it because they’re floating on a sea of greenbacks? Or am I missing some other subtlety here?
I’m confused by this post. Do you think I disagree for some reason?
Because they’re much more focused on making money than following Mao.
No, it isn’t. Some Democrat other than Kerry might have done exactly that in 2004, but no Pub can pull it off in 2012.
Which is why Daniel’s isn’t running - he’s raised some taxes. Worse yet, after an attempt to privatize the public aid system became a disastrous failure he brought the whole system back into the public sector, admitting that in this case the government did it better.
Among other things.
Daniels isn’t running for president because he’s far too liberal a Republican - that is, he applies common sense to problems rather than pure dogma - for the whackos in the GOP to stomach.
Apparently the “Red Menace” means both Communist China and the debt. http://www.washingtonpost.com/blogs/political-bookworm/post/in-new-book-mitch-daniels-warns-of-a-china-provoked-disaster-for-the-united-states/2011/07/19/gIQAPHwFOI_blog.html
He thinks Congress will declare war on China because China won’t buy our treasuries anymore? That seems at least as crazy as anything Bachmann or Perry have said.
I agree with Govenor Daniels. However, the honesty begins not with acknowledging the problems with Medicare and Medicaid funding, but with the proposed solutions to the problem. The GOP candidates have been very clear that raising taxes to support these programs are off the table. So what, exactly, is their honest answer to the problem?
When Obama or any other Democrat gives the obvious answer their position implies–benefit reduction–they scream that Obama shouldn’t be scaring seniors. If you want them to be honest, ask them if they supported Paul Ryan’s plan.
And as for Social Security, the honesty begins with acknowledging the validity of US treasury debt as a repository for the trust fund. Despite attempts by the Tea Party to sabotage US finances, everyone in the world still considers US treasuries to be the safest investment on the planet. If the money isn’t put there, where, exactly, would they like to store it–the stock market? Maybe buried in a secret vault under the Capitol dome?
“Somebody else could still enter and have a competitive chance,” Mr. Daniels said in a weekend interview. “The candidate I could get instantly excited about is someone who is willing to level with the American people and assume they are prepared to listen to the mathematical facts and agree that whatever other disagreements we have aren’t as important.”
Somebody else indeed! Like the Golem of Prague, this mystery man is surely made of mud and prayers.
Daniels was on the Daly show a couple days ago. He was not revealed as an intelligent fiscal conservative at all. He came out as just another right wing Repub . The episode is available on line.
Completely wrong. That guy isn’t mythical. Daniels knows he’s out there. He might even have a suggestion!
-Joe