Background on Social Security Linkfest for North Carolina US Congressional and Senatorial Interviews and Races

If there’s trillions of dollars difference

between publicly outstanding debt investors can buy and sell

and non-marketable intragovernmental debt

who is it owed to

who has to pay how much more back and when

and why would those who know or should and don’t

let the country borrow trillions from itself

and why are most Americans unaware?

Treasury Secretary Jacob Lew reminds Congress Social Security and myRA are Ponzi schemes

http://hartzman.blogspot.com/2014/02/treasury-secretary-jacob-lew-reminds.html

"...the last (and only previous) time ...the US unemployment rate dropped from 10% to 6.6%, [was from June 1983 to December 1986]

http://hartzman.blogspot.com/2014/02/the-last-and-only-previous-time-us.html

If there was more than $11 Trillion in Federal Debt

and there’s less than $7 trillion held by the public

where’s the rest?

The Nation's Debt to the Penny and Who Held it in 2009;

Current Debt Held by the Public Intragovernmental Holdings

04/03/09 $6,868,532,515,279.65 $4,278,034,317,017.68

Total Public Debt Outstanding

$11,146,566,832,297.33

Counterfeit Money, Counterfeit Policy

http://hartzman.blogspot.com/2012/02/counterfeit-money-counterfeit-policy.html

"Fascism in the 21st century"

http://hartzman.blogspot.com/2014/02/fascism-in-21st-century.html

I disagree with Bernie Sanders on this

http://hartzman.blogspot.com/2014/02/i-disagree-with-bernie-sanders-on-this.html

Some in our country think that Social Security is a trust fund

in other words there's a pile of money being accumulated…

because you put money in the government saves it for you

and then when you retire you get it out…

That's just simply not true

The money, payroll taxes going into Social Security, are spent

They're spent on benefits and they're spent on government programs

There is no trust

We're on the ultimate pay-as-you-go system…

The only thing Social Security has is a pile of IOUs

from one part of government to the next…

therefore when you have more retirees living longer for greater benefits

with fewer people paying in

the system inevitably will go into the red

George W Bush

President Barack Obama's myRA savings plan appears to be a Ponzi scheme; George Bush, Ron Paul, Paul Krugman etc...

http://hartzman.blogspot.com/2014/02/president-barack-obamas-myra-savings.html

"The economy is a Ponzi scheme."

http://hartzman.blogspot.com/2014/01/the-economy-is-ponzi-scheme.html

If Bernard Madoff

distributed money received from new investors to older investors

until there wasn’t enough money to continue

does Social Security operate under the same structure

with mandatory participation?

How to Game Obamacare

http://hartzman.blogspot.com/2013/11/how-to-game-obamacare.html

"America's fiscal crisis is not that our debt ceiling isn't quite high enough — it's that we have too much debt."

http://hartzman.blogspot.com/2013/10/americas-fiscal-crisis-is-not-that-our.html

"The more high-sounding the legislation, the more destructive its consequences."

http://hartzman.blogspot.com/2013/10/the-more-high-sounding-legislation-more.html

"We must increase our debt limit so that we can pay our bills."

http://hartzman.blogspot.com/2013/10/we-must-increase-our-debt-limit-so-that.html

'Creative' accounting hurts future generations"

http://hartzman.blogspot.com/2013/10/creative-accounting-hurts-future.html

If Social Security taxes were increased in 1983

to ease the burden of a smaller generation

tasked with providing benefits to a larger number of longer living elders

why would elected leaders borrow and spend the surplus?

Shutdown; We have been stealing from our children by borrowing and printing for a more pleasant present

http://hartzman.blogspot.com/2013/10/shutdown-we-have-been-stealing-from-our.html

John Mauldin on Social Security and Ponzi: Have America's Parents stolen thier children's inheritance?

http://hartzman.blogspot.com/2013/04/john-mauldin-on-social-security-and.html

Ron Paul and George Walker Bush on Social Security

http://hartzman.blogspot.com/2013/04/ron-paul-and-george-walker-bush-on.html

On Paul Ryan's VP Speech

http://hartzman.blogspot.com/2012/08/on-paul-ryans-vp-speech.html

Robert J. Samuelson: "The social and economic reasons for Generation Squeezed"

http://hartzman.blogspot.com/2012/08/robert-j-samuelson-social-and-economic.html

Questions for Federal Reserve Chairman Ben Bernanke that will probably be not asked during his congressional testimony

http://hartzman.blogspot.com/2012/07/questions-for-federal-reserve-chairman.html

A profound truth on actual tax rates, by Michael Kinsley

http://hartzman.blogspot.com/2012/02/profound-truth-on-actual-tax-rates-by.html

Would you rather live in the ascendancy of a civilization, or in its decline?

http://hartzman.blogspot.com/2011/02/would-you-rather-live-in-ascendancy-of.html

"U.S. Debt Is Child Abuse"

http://hartzman.blogspot.com/2010/10/debt-is-child-abuse.html

James K. Galbraith Statement to the Commission on Deficit Reduction

http://hartzman.blogspot.com/2010/09/james-k-galbraith-statement-to.html

Ambrose Evans-Pritchard on Spanish, British, American and almost everyone else's Social Security programs

http://hartzman.blogspot.com/2010/09/ambrose-evans-pritchard-on-spanish.html

Was it justifiable for the baby boom and their elders, to promise themselves tens of trillions of unfunded benefits, like Social Security, Medicare and Medicaid, for future generations to pay for?

http://hartzman.blogspot.com/2010/08/was-it-justifiable-for-baby-boom-and.html

If Social Security taxes were increased in 1983 to ease the burden of a smaller generation tasked with providing benefits to a larger number of longer living elders, why would elected leaders borrow and spend the surplus?

http://hartzman.blogspot.com/2010/08/if-social-security-taxes-were-increased.html

Are we collectively bankrupt?

http://hartzman.blogspot.com/2010/08/are-we-collectively-bankrupt.html

Social Security Will Pay Out More Than Taxes Recieved In 2010

http://hartzman.blogspot.com/2010/08/social-security-will-pay-out-more-than.html

If the Social Security Trust Fund was spent, was it stolen?

http://hartzman.blogspot.com/2010/07/if-social-security-trust-fund-was-spent.html

Social Security II

http://hartzman.blogspot.com/2010/07/social-security-ii.html

On the Graduating Class of 2010

http://hartzman.blogspot.com/2010/07/on-graduating-class-of-2010.html

Have our nation’s elders betrayed their children?

http://hartzman.blogspot.com/2010/03/have-our-nations-elders-betrayed-their.html

How could fiscal 2009’s reported Federal Deficit be only $1.42 trillion if Total Debt increased by more than $1.88 trillion?

http://hartzman.blogspot.com/2010/02/how-could-fiscal-2009s-reported-federal.html

Is the United States of America a Kleptocracy?

http://hartzman.blogspot.com/2009/12/is-united-states-of-america-kleptocracy.html

On Social Security’s Trust Fund: 7 Deficits in 12 Months.

http://hartzman.blogspot.com/2009/09/on-social-securitys-trust-fund-7_09.html

If relatively older generations of Americans vote more than their children and/or grandchildren, how much debt should be authorized by who, to be paid for by whom, for how long?

http://hartzman.blogspot.com/2009/08/if-relatively-older-generations-of.html

George Hartzman will be declaring endorsements for US House of Representative primary races in NC Districts 6 and 12

Purple = District 12........ Beige = District 6

US House of Representatives District 6 Seats to Fill: 1

Democrats;

Davis Bruce
Jamestown NC

Fjeld Laura
Hillsborough NC 27278
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Republicans;

Berger Phil, Jr.
Eden NC 27289

Causey Mike
Greensboro NC 27401

Kopf Kenn
Jamestown NC 27282 2/18/2014

Matheny Zack
Greensboro NC 27408

Phillips Jeff
Jamestown NC 27282

Sutherland Charles
Mayodan NC 27027

VonCannon Bruce
Greensboro NC 27406

Walker Mark
Greensboro NC 27410

Webb Don
High Point NC 27262

https://www.govtrack.us/congress/members/NC/6

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US House of Representatives Unexpired 2012-14 Term Dist 12 Seats to Fill: 1

Democrats;

Adams Alma
Greensboro NC 27406

Battle George
Charlotte NC 28269

Brandon, Jr Marcus
Greensboro NC 27406

Graham Malcolm
Charlotte NC 28269

Mitchell James (Smuggie)
Charlotte NC 28269

Osborne Curtis C
Charlotte NC 28256
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Republicans;

Coakley Vince
Charlotte NC 28269 2/24/2014

Threatt Leon
Matthews NC 28105

https://www.govtrack.us/congress/members/NC/12

http://www.co.guilford.nc.us/elections_wp/wp-content/uploads/2014/02/elect1467.pdf

Updated; Unanswered GPAC questions that should be answered before Guilford County Commissioners Thursday's Vote

How many free on street parking spaces r within 1/4 mile of the site?

Please provide the "binding" private donor agreements for GPAC. Third Slide

If the Greensboro Community Foundation is guaranteeing GPAC donations, what will the collateral be invested in beforehand?

How much was in the hotel motel account at the end of June, 2013?

Now that interest rates have risen for muni bonds, what are the new expected interest costs for borrowing money for the gpac?

What are the anticipated interest rate costs for locking in GPAC debt after the variable notes mature, now that interest rates have risen?

What are the total anticipated principal and interest costs on the debt costs for GPAC?

Please provide the parking study that shows how much governmental tax revenue will come in from public parking at the new GPAC spot that will pay for the debt service.

Where is the chamber of commerce/Greensboro Partnership going to move to?

What are the anticipated heavily used avenues for cars coming into and out of downtown for a show?

What is the anticipated traffic congestion for GPAC shows and Ball games on the same night, that will most likely end at the same relative time?

What will be the ability of those trying to get into downtown to go to a club if a ball game and GPAC show occur on the same night?

What is the anticipated effect on the Carolina Theater, considering the venue that went under when DPAC opened up?

What are the anticipated noise levels from crowds leaving the GPAC?

Are the details of the private donations going to be made public before August 20?

Please provide the math behind the criteria numbers used for the December 4, 2012 GPAC criteria slide in the Master Plan presentation.

Please provide the math that show $10 mill paid by premium parking for GPAC.

Please provide the traffic study for the gpac including anticipate​d drive times from nearby areas, and ergess timelines for traffic.
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Greensboro City Council Members and Guilford County Commissioners are Fiduciaries.

If Guilford County's Commissioners vote to provide taxpayer revenue to borrow for this project without knowing what they should, they will have violated their fiduciary duties to their constituents.
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"The fiduciary duty is a legal relationship of confidence or trust between two or more parties. One party…acts in a fiduciary capacity to another, such as one whose funds are entrusted to it. In a fiduciary relation, one person justifiably reposes confidence, good faith, reliance and trust in another whose aid, advice or protection is sought in some matter.

In such a relation, good conscience requires one to act at all times for the sole benefit and interests of another, with loyalty to those interests.

A fiduciary…must not put his personal interests before the duty, and must not profit from his position as a fiduciary, unless the principal consents.

A fiduciary cannot have a conflict of interest.

…A fiduciary must not profit from the fiduciary position.

This includes any benefits or profits which although unrelated to the fiduciary position, came about because of an opportunity that the fiduciary position afforded.

Secret commissions, or bribes also come under the no profit rule.

Conduct by a fiduciary may be deemed constructive fraud, when it is based on acts, omissions or concealments…that gives one an advantage."

Fiduciary
Wikipedia
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Will the community foundation guarantee the GPAC debt with other peoples money?

Why not let the private donars buy the GPAC property?

What would be the directions to the GPAC from Winston and Graham, compared to DPAC?

If the Community Foundation raised more than $10 million, why don't they buy the land for the GPAC?