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MarkGB 

"Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world" - Henry Kissinger

and yet...

"Sooner or later everyone sits down to a banquet of consequences" – Robert Louis Stevenson

Politicians use social welfare as opium

In response to an FT article by Ed Luce on 12th April 2015, entitled 'Why women are Hillary's key'

http://www.ft.com/cms/s/0/cc676678-df8b-11e4-a6c4-00144feab7de.html#ixzz3X7QmGi1x

"There are few worse countries to be a woman than Saudi Arabia. Yet the kingdom’s recent adoption of four weeks paid leave means Saudi women now have better maternity benefits than their US counterparts"

In the case of Saudi Arabia, this is an example of the social welfare 'opium' that the regime uses to distract its people from the parasitic nature of the family business that runs Saudi Arabia - a bribe to stop the people from kicking their backsides off the the thrones they've parked themselves upon.

In the case of the Clinton family business, the issue of benefits for women will be used as a bribe to put Hillary's backside onto the White House throne.  

If she had the 'real stuff', however, she would be talking about the issue that apparently no-one in Washington wants to talk about, at least not publicly; an issue that will define the next twenty years of life in the US, whether you are a man or a woman:

If the present value of what seniors have been promised in Medicare, Social Security and Medicaid payments were included on the balance sheet, I.E. if the government used the same gap accounting rules as everyone else - the federal debt right now would be over $200 trillion, not $19 trillion.  People are retiring at the rate of over 10,000 per day. 

This money will not be found, this money will not be paid, these promises will not be kept. This is a demographic inevitability that will not be solved by financial engineering, money printing or providing a few extra perks to keep people asleep. On the contrary, talking about it would definitely wake people up - something Ms Clinton definitely doesn't seem very keen on.

I don't think Mrs Clinton has 'the real stuff', but I hope that the people of the US start to demand someone who does, because going back to the family business, whether it's a Clinton or another Bush, will result in 4-8 years of can kicking - nothing more fundamental than that.

Free markets work - but that's not what we've got

Jimmy the Diamond has a problem with his bank's hamstrings