Yahoo! Message Boards - The War in Iraq - Today's Democrats are Socialist Hypocrites, not Liberals

That was pretty good Big P.

People link Gingrich do tend to generalize anything not meeting their so called conservative agenda as “socialistic” or “liberally bias” and so do the people that cite them.

The real problem with all this is that a democracy isn't ever simplistic. It's not black and white, i.e. if you believe in universal health care that's controlled by the government than it's socialistic, but its not, private insurance companies run the show and drive the prices we have to pay, Dems and Rep support this, so they're not socialistic then, correct? Besides, what's wrong with change, something that could make healthcare available to all Americans and removing privatized medical insurance companies from the picture altogether? Only one Dem who is running for President and supports a socialistic view on universal health care is Dennis Kucinich but if you listen to his clip on the issue here on Yahoo, you might see the brilliance in it.

Like you said, some socialistic ideas work, as with schools for example.

But one thing that also relatively unkown Presidential candidate Rep Mike Huckabee is pushing which is truly good for all American individuals and enterprises is the Fair Tax Plan. This bill would eliminate the I.R.S.

By raising consumption tax by only 1%, the governent would still get all the money from tax they let go from the million thing the I.R.S. has it's hands into. This way, if you buy a can afford to pay the additional tax, you can buy the bigger boat, but if you can't buy a boat, you don't pay any tax, it's a wonderful idea. Let us keep what we earn each week, why not? Why don't all American citizens demand this?? The I.R.S. didn't even exist long after this country was born, it kind of happened through a tricky door which was opened, when voters agreed to the governments plan to tax only the rich, but that slowly over time led to taxing everything and everyone under the sun. Woo hoo! I love giving the I.R.S. my money every week, don't you?

So the point is… Not everything is black and white. Some Reps have great ideas, some Dems have great ideas, some of those ideas can be socialistic by nature but if they work for a society, than good… why does everything have to be judged by labels “Oh, if the government became responsible for healthcare, that would be bad because it's like socialism and socialism does not work i.e. the U.S.S.R.” Come on! It didn't work for them for a million reasons, and whose to say that one government run universal healthcare system can't be better than another. If it works, and I'm sure Americans are capable of making it work, then that should be considered, not basing and dismissing it on the idealogy aspect of it.

Universal Health Care can be good for ALL Americans.
Eliminination the I.R.S. (Fair Tax Plan) is the best idea ever! If there is anyone who can think of why we shouldn't support Fair Tax, please, would love to hear it.
And SOCIAL Security… okay, not working… Frankly, if our government is going to keep telling us they're spending it faster than we're saving it and our generation won't have it when we need it 20-30 years from now, than WHY are we paying this?? At least, give us the option to pay Social Security or use the money in some other investment OF OUR CHOICE, like Roth IRA or something.

Ideas shouldn't be broke down in categories of 'Liberalism' or 'Socialism', etc. Personally, I think the two party system idea has it's problems in this way as well.

What is so great about a Roth IRA anyway?

Most people have the choice of investing in either a traditional IRA or a Roth IRA, and many wonder which is better. Roth contributions are made with after-tax dollars, or money that you’ve already paid taxes on. Traditional IRAs can be made with pre-tax dollars if you qualify, or money that you have not paid taxes on yet. But Roth’s grow tax-free for the rest of your life. This could be a huge advantage of a Roth. Traditional IRAs grow tax-deferred, meaning that you will eventually pay the taxes on the earnings when you, or your beneficiaries take the money out.

Who can contribute to a Roth IRA?

The government has set limits on who can contribute to a Roth depending on your annual income. If you file your taxes as a single, you can make a full Roth contribution if your Modified Adjusted Gross income is below $101,000. If your income is between $101,000 and $116,000 you can make a partial contribution. If you make above $116,000, you cannot contribute to a Roth.

If you are a joint tax filer, you can make a full Roth contribution if your household income is below $159,000. Between $159k - $169k you can make a partial contribution, and above $169k you cannot contribute to a Roth

How much can I contribute?

For 2009, any eligible person age 49 or younger can contribute a maximum of $5,000 to a Roth. If you turn age 50 or older in 2009, you can contribute a maximum of $6,000. This extra $1,000 is considered a “catch-up” amount. Contribution limits should continue to be adjusted upward for inflation each year, but at this point we do not have amounts for 2010 and beyond.

If you would like to learn more about Roth IRA conversions, the advantages and disadvantages of Roths and more, please visit www.great-financial-planning.com/roth-ira-limits.html at your convenience.

Mark Kenison is a Certified Financial Planner and a Chartered Life Underwriter. He has been helping people all over the United States plan for and successfully retire for over 14 years. You can learn more about personal financial planning by visiting his site http://www.great-financial-planning.com His practice is based Charlotte, NC and he has clients all over the United States. You can also contact Mark by calling toll free 1-866-983-4222

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