BlairWitch749
Banned
It's all about the money... money... money (part of the SPOA series) If borrowing and spending all this money led to more jobs than we would be at full employment already - Paul Ryan
Washington DC May 1998 Just Before the sweeps for Seinfeld and Friends
President Gramm, walked confidently, no bounded to the podium for his prime time 845pm address on the SPOA's first reported progress.
My fellow Americans, we fought a long difficult battle to reform social security and bring it into the 20th and soon 21st century. There was a lot of good honest debate mixed in with a healthy dose of fear of change, But I can here tonight report to you, the financial markets and the world that our changes ARE working. I am delighted at this time to announce that on top of paying all benefits and setting aside more than 14 billion dollars for the social security trust fund in the last three months, the SPOA has returned an additional 19 billion dollars in profits the last three months. In previous times and years both parties would call for a windfall such as this to be either returned as tax cuts or offer new social programs to be offered with that money. That is why the SPOA is so different as this will not be done; instead, that money will be used to retire some of America's outstanding bonds some of which go back in vintage to the late 1960's. There is no reason in the world that a country with an economy as dynamic and powerful as ours should be a debtor nation. I intend tomorrow to make an appearance in front of my fellow Texan Ross Perot's debt clocks tomorrow, retire the bonds and for the first time in my adult life time; and indeed the first time in the lifetime of far too many americans watch our national debt actually go backwards.
This has to be our goal as a nation; not only to produce a balanced budget which we have done this year and last, but to pay off the borrowing of the past; republican and democrat created alike. Not being saddled with that debt will allow fantastic new opportunities for our government to invest in magnificent projects of all walks from modernizing our colleges to putting a man on mars by 2010; and it will also allow for sustained, permanent, growth creating tax relief in the future
I thank you for your time this evening, and am inherently proud of the fine people who put the SPOA together, and you the american people for seizing the opportunity to build wealth in a way our parents could never have imagined. God bless you, and god bless the United States
To call Gramm's press conference game changing and shocking would have been a grave disservice. The evening news ran the story clear through 930pm screwing up sweeps as people hungered for additional information. Dunn had done her job as administration officials flocked with their chests bowed out to all the cable and conventional outlets for interviews on how successful the SPOA had been to date. As Spencer Abraham on Matt Drudge's "DRUDGE REPORT ON FOX", 2 years ago I couldn't honestly tell you my children would ever see a dime of social security; and now I am more hopeful for the country than I have even been in my life; I have to say the President worked a miracle on this
Drudge's website received a leak from gallup that night that had him pre-empt their tracking poll with pleasing results for the administration
Do you approve of President Gramm's job performance
Yes: 58 percent
No: 37 percent
unsure: 5 percent
Do you approve of the SPOA/Social Security reform
Yes: 54: percent
No: 41 percent
unsure: 5 percent
to be continued
thoughts?
Washington DC May 1998 Just Before the sweeps for Seinfeld and Friends
President Gramm, walked confidently, no bounded to the podium for his prime time 845pm address on the SPOA's first reported progress.
My fellow Americans, we fought a long difficult battle to reform social security and bring it into the 20th and soon 21st century. There was a lot of good honest debate mixed in with a healthy dose of fear of change, But I can here tonight report to you, the financial markets and the world that our changes ARE working. I am delighted at this time to announce that on top of paying all benefits and setting aside more than 14 billion dollars for the social security trust fund in the last three months, the SPOA has returned an additional 19 billion dollars in profits the last three months. In previous times and years both parties would call for a windfall such as this to be either returned as tax cuts or offer new social programs to be offered with that money. That is why the SPOA is so different as this will not be done; instead, that money will be used to retire some of America's outstanding bonds some of which go back in vintage to the late 1960's. There is no reason in the world that a country with an economy as dynamic and powerful as ours should be a debtor nation. I intend tomorrow to make an appearance in front of my fellow Texan Ross Perot's debt clocks tomorrow, retire the bonds and for the first time in my adult life time; and indeed the first time in the lifetime of far too many americans watch our national debt actually go backwards.
This has to be our goal as a nation; not only to produce a balanced budget which we have done this year and last, but to pay off the borrowing of the past; republican and democrat created alike. Not being saddled with that debt will allow fantastic new opportunities for our government to invest in magnificent projects of all walks from modernizing our colleges to putting a man on mars by 2010; and it will also allow for sustained, permanent, growth creating tax relief in the future
I thank you for your time this evening, and am inherently proud of the fine people who put the SPOA together, and you the american people for seizing the opportunity to build wealth in a way our parents could never have imagined. God bless you, and god bless the United States
To call Gramm's press conference game changing and shocking would have been a grave disservice. The evening news ran the story clear through 930pm screwing up sweeps as people hungered for additional information. Dunn had done her job as administration officials flocked with their chests bowed out to all the cable and conventional outlets for interviews on how successful the SPOA had been to date. As Spencer Abraham on Matt Drudge's "DRUDGE REPORT ON FOX", 2 years ago I couldn't honestly tell you my children would ever see a dime of social security; and now I am more hopeful for the country than I have even been in my life; I have to say the President worked a miracle on this
Drudge's website received a leak from gallup that night that had him pre-empt their tracking poll with pleasing results for the administration
Do you approve of President Gramm's job performance
Yes: 58 percent
No: 37 percent
unsure: 5 percent
Do you approve of the SPOA/Social Security reform
Yes: 54: percent
No: 41 percent
unsure: 5 percent
to be continued
thoughts?