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Allen Buckley, Candidate for U. S. Senate (GA)

Allen Buckley is a Libertarian running for U.S. Senate from Georgia. Sometimes Libertarians can go too far with the idea that things work better without government. While this is true in many instances, things work better without corporate greed and influence. That is what makes government necessary because nothing other than government can make the playing field level.

But, for what it is worth, when it comes to our economic woes, social security reform, health care insurance, everyone needs to give Allen a listen. As a CPA and an attorney, I think Allen understands both the law and balancing the books and he offers some interesting proposals to solve some of America’s most difficult problems.

One thing I like about Allen is that he doesn’t deal in soundbites. (How I hate people that answer questions in soundbites.) I have no doubt that Allen has a passionate concern for the economic future of America. When our elected officials have more concern for our economic future than getting re-elected, we might actually get some of these long term problems solved.

Allen took on Saxby Chambliss and Jim Martin recently at the debate in Perry, GA. Allen has no hesitation to call Chambliss a liar. According to Allen, Chambliss lies everytime he tells audiences that the Fair Tax is a viable solution to all our tax propblems. The Fair Tax is a sales tax on everything (or virtually everything) at a rate that brings in enough tax revenue to pay for government program. The rate is very much in dispute. Allen points out that the proposal Chambliss supports calls for an unrealistically low tax rate that even the President’s Advisory Panel on Federal Tax Reform considers to be about half the tax rate that would actually be necessary.

Allen says Chambliss is fiscally irresponsible, having voted for all the deficit spending federal budgets proposed during his time in the Senate. He is especially critical of Chambliss’ support for unrestrained, uncontrolled farm subsidies.

As for the difference between Democrats and Republicans, it is just a question of who gets the tax cuts, the wealthy (Republican) or the middle class (Democrat).

While Allen thinks the baleout of Wall Street and the banks is not a good idea, he makes it clear that $700 or $800 billion is not our biggest problem. He sounds the alarm loud and clear that if we do not resolve the social security and medicare budgetary problems in the next decade or so, we will simply get to the point that our debts bring government to a standstill.

If you think a vote for Allen is a wasted vote because a Libertarian may not win, Allen points out that if you really want change in Washington, a vote him is definitely a vote for change.

 
 Allen Buckley, Candidate, U.S. Senate GA [31:35m]: Play Now | Play in Popup | Download (236)

Our National Debt: “Where Does the Money Go?”

We all have too much consumer debt, but what about our government? How would you like to be $9 trillion in debt. America is. The government certainly isn’t setting a very good example.

In this interview with Scott Bittle, I try to find out. Scott is the executive editor of PublicAgendaOnline and has written a book, “Where Does the Money Go?”

A few sobering facts. If you think the costs of the Iraq War are responsible for our debt problems, then consider that while the war has cost upwards of $600 billion, the national debt has increased $2.3 billion. Earmarks (which are the epitome of everything I hate about Washington and money) account for about $16 to $18 billion of the current budget. However, the current budget is expected to create a deficit of $400 billion.

Okay, so what the hell is the problem? If government waste isn’t killing us, what is? The answer is simple: Medicare and Social Security. The programs that you (me, us) don’t want the government to fool with are the ones that are going to break us, if we don’t do something, that is.

Health care costs increase 6 to 7 percent per year. More people (the baby boomers) are entering Medicare and Social Security. More people, more costs. All the money that we pay into Social Security now is spent to pay current benefits, not future benefits. The government spends the money in the Social Security Trust Fund and in return the government gives the Trust Fund an IOU, treasury bonds. Scott says the fund is not going to be bankrupt in 30 years, it just won’t be able to pay full benefits. If we do nothing, Social security will be able to pay 75% of promised benefits in 2041.

Scott says that everyone inside the Beltway understands the problem, but the rest of us don’t. Because we don’t understand the significance of the problem, we fear the government tampering with Social Security and Medicare. Neither party wants to deal with this issue because it is such a lose-lose proposition. What do we do? We threaten them with defeat at the polls if they touch the untouchables, Medicare and Social Security.

The point of all this, the point of Scott’s book: Until the public is educated, until the public is ready to deal with these issues, the politicians are not going to tell us the truth and are not going to deal with these problems. If you have a hard time getting your mind around these issues, buy the book! Before it is too late!

 
 Scott Bittle [27:43m]: Play Now | Play in Popup | Download (582)

Interview with Yolanda Hollis, Associate State Director, Medicare Drug Bill

Ms. Hollis discusses the substance of the new Medicare Drug Bill and encourages everyone to sign up. The deadline to do so without penalty is May 15, 2006

 
 Standard Podcast [32:30m]: Play Now | Play in Popup | Download (663)

Interview with Melissa Padgett, Ideal Pharmacy

Melissa discusses the new Medicare Drug Benefit Program and what seniors need to do to sign up for the program.

 
 Standard Podcast [30:27m]: Play Now | Play in Popup | Download (704)