Page 42 - Section 8 News Today

Accumulation is robbing from our children that. scares me. >> our economic system money equals debt this, is the problem. people dont think about this, as lng as money equals debt were borrowing money from china to pursue the war with iraq were going to have more debt. the compounding interest on the debt is growing so go back to 1913 private ties money supply. put the debt on the government. weve got to take back article 1, section 8 gave the government power to be able to move the economy forw...

Accumulation is robbing from our children that. scares me. >> our economic system money equals debt this, is the problem. people dont think about this, as lng as money equals debt were borrowing money from china to pursue the war with iraq were going to have more debt. the compounding interest on the debt is growing so go back to 1913 private ties money supply. put the debt on the government. weve got to take back article 1, section 8 gave the government power to be able to move the economy forw...

In the way of an operation that was successful. why did the lame duck session of the congress do this in 2006? >> you know, i think republicans really dont like the post office because its very big, its quasi governmental, and its unionized. and what is ironic about their opposition and their determination to engineer it to fail, as you said is that it is the only service to be provided the american people mandated in the constitution of the united states, which they say they believe in. you can...

Office because its very big, its quasi governmental, and its unionized. and what is ironic about their opposition and their determination to engineer it to fail, as you said is that it is the only service to be provided the american people mandated in the constitution of the united states, which they say they believe in. you can look it up in article 1, section 8. the post office is right there in the constitution of the united states. and i think we have a sacred obligation to make it work and ...

Section 8 subsidized, low income rent. another 4300. s earned income tax credits. modestly $5,000. they could rismoe significantly beyond that but at any rate. they would total so much money, combined with the -- national school lunch m program, needy family assistance programs, were talking about more take home pay, disposable income for that woman with her two children on public assistance than a woman with two children earning $57,000 a year. its extraordinary. >> all right. and if she were e...

Do, would listen. think about the benefits received by this woman. $25,000 in a take home salary of $57,000, you add to that all of the expenses that we go through, whether its child care, whether it is transportation. in the instance, one parent and two children in pennsylvania, food stamps amounts to a subsidy of $6300 a year to that family of three. medicare and child health insurance, $16,500 a year. section 8 subsidized low income rent. another 4300. earned income tax credits, modestly, $5,...

Section 8 subsidized low income rent. another 4300. earned income tax credits, modestly, $5,000. they could rise significantly beyond that. but, at any rate, they would total so much money combined with what is the national school lunch program, the needy family assistance programs, were talking about more take home pay, disposable income, for that woman with her two children on public assistance than a woman with two children earning $57,000 a year. its extraordinary. >> bill: all right. and if...

Theres an epidemiological claim to be made, even if they were freeloaders, theres a kind of human rights to health care. >> yes, of course. >> but i feel you. thats kind of the politics of it. >> thats the label of the republican gop party. they keep sago owe theyre using these terms. theyre incorrect actually. theyre not accurate to the population were talking about. >> absolutely. kenji, part of how we end up here, right, with this possibility of framing it this way is because of the carrot an...

Bigger problem later on. >> right. kelly odonnell, chuck todd, a busy day for those of us who live capitol hill. thank you both for spending time. theres rapid response from the hill today, after word that one of its most prominent leaders of the tea party movement, senator jim demint, retiring. joining me, one of his colleagues, senator john barrasso, chairman of the republican policy committee. i want to talk to you about the fiscal cliff. but, first, i want to talk about jim demint. >> sure...

I understand why we have a community-based approach and why were looking at this as a problem of place and theres a reason for that. its also interesting whats not on the table. direct cash payments to the poor. you saw in that graphic that you flashed, the relative number of old people, elderly people who are not in poverty compared to other populations because of social security. >> we write them checks. >> brazil has been successful in shrinking inequality, have done direct cash payments. i w...