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Hart suggests giving each newborn $1,000
The Denver Post ^ | March 05,2003 | Mike Soraghan

Posted on 03/05/2003 10:09:02 PM PST by yankeedame

Hart suggests giving each newborn $1,000
Ex-senator concludes test for campaign run

By Mike Soraghan
Denver Post Washington Bureau

Wednesday, March 05, 2003 - WASHINGTON - In his last major policy address before deciding whether he'll run for president, former Sen. Gary Hart called for every American child to receive $1,000 at birth in a fund that would be invested until he or she wanted to buy a house or go to college. "A rich nation can provide health care, high-quality education, protection and supervision for every child, and a civilized nation would do so," Hart told a group of economists and others gathered at the University of California at Los Angeles, according to a prepared text of his remarks.

Hart's discussion of economic issues was the last of the four "major policy addresses" he used to test the waters for a dark horse campaign for the Democratic nomination.

Hart said he wanted to see if his "primary of ideas" resonated with Americans. He said last year that he would decide whether to run by the end of March, but in a recent interview he said that might slip, particularly because of the prospect of war.

"I don't think anyone's looking to have a political announcement while troops are marching across the Iraqi border," Hart said. "But you can't put off politics forever."

Hart also said he has started discussions about raising money, but he added that doesn't necessarily mean he is warming to a decision to run. He noted that federal campaign rules allow candidates to raise limited amounts of money to "test the waters" in a manner even more informal than an "exploratory committee," which is the first formal step in starting a campaign.

In previous interviews, Hart - a harsh critic of money's role in politics - said he hadn't "raised the first dollar."

Hart, a Denver lawyer who dropped out of the 1988 presidential contest amid accusations of marital infidelity, returned to public life as co-chairman of the U.S. Commission on National Security, which predicted terrorist attacks on the United States months before Sept. 11, 2001.

Hart has given three previous addresses - on national security, foreign policy and what he called a "restoration of the Republic" and a national sense of purpose in fighting terrorism similar to the collective effort the country undertook to win World War II.

In his economic address Tuesday, Hart called for a "securing America plan" that would include a Child Development Account, a double earned-income tax credit and a child-care tax deduction patterned after the home mortgage deduction. Hart said Bush's tax-cut policy is ripping up the country's safety net for the poor to give to the rich.

"We are returning to an age of economic royalism," Hart said in his prepared remarks. "We have adopted a program of tax cuts for the extremely rich, some of whom qualify for Franklin Roosevelt's description of "malefactors of great wealth."'


TOPICS: Front Page News; News/Current Events
KEYWORDS: electionpresident
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1 posted on 03/05/2003 10:09:02 PM PST by yankeedame
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To: yankeedame
These people will offer voters anything with our money to get elected. Yep. They'll give you the shirt off my back.

We see this for what it's worth Gary. You can tax us even more. Whaddya want, 50, 60 percent ( I know you want 100)?

Well, we won't be needing any extra money for anything, now will we Gary, since you're going GIVE us our savings too!!!

From the womb to the tomb, huh Gary?
2 posted on 03/05/2003 10:23:41 PM PST by Lijahsbubbe
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To: yankeedame
That's the stupidest thing I've ever seen. I don't know where to begin...
3 posted on 03/05/2003 10:28:58 PM PST by Anchoragite
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To: yankeedame
Ahhh, Gary. The pride of Colorado.

But, this is typical of the democrat party these days - just recycling old candidates. I've actually met Gary on a few occasions (he is friends with a co-worker). He actually looks recycled.
4 posted on 03/05/2003 10:47:29 PM PST by kemathen7
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To: yankeedame
Will this be retroactive to 1950?
5 posted on 03/05/2003 10:58:23 PM PST by Russian Sage
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To: yankeedame
former Sen. Gary Hart called for every American child to receive steal from hard working ambitious Americans through proxy, $1,000 at birth in a fund that would be invested until he or she wanted to use the stolen money to buy a house or go to college.
6 posted on 03/05/2003 11:09:02 PM PST by EGPWS
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To: EGPWS
But we know Gary Hart and his tomb to womb cronies will have it spent - just like social security!
7 posted on 03/05/2003 11:13:08 PM PST by Lijahsbubbe
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To: Lijahsbubbe
I've wondered about what would happen if we scrapped Social Security in favor of simply granting each newborn $1000, which is put into an account (which could designate any mutual fund) which couldn't be touched until that person reaches the age of 65. That would give the account 65 years to accrue interest. I figure that an average annual return of 9% would result in an account worth $250,000 by the time that person reached the age of 65. How much cheaper would that plan be than what we are currently paying for social security, especially considering how much it costs to simply administer the current SS program itself?
8 posted on 03/05/2003 11:35:12 PM PST by dfwgator
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To: Lijahsbubbe
But we know Gary Hart and his tomb to womb cronies will have it spent - just like social security!

Yep! less a conciderable amount skimmed off the top for administrative purposes of course!

9 posted on 03/05/2003 11:36:13 PM PST by EGPWS
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To: yankeedame
I am guessing the monies will be put in a "lock box" so we know it is safe ?
10 posted on 03/06/2003 2:38:28 AM PST by StDonTheBaptist
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To: yankeedame
Now babies will have to carry little wallets in their diapers. They could get wallet rash.
11 posted on 03/06/2003 2:44:09 AM PST by Consort
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To: yankeedame
" "A rich nation can provide health care, high-quality education, protection and supervision for every child, and a civilized nation would do so," Hart told a group of economists and others gathered at the University of California at Los Angeles, according to a prepared text of his remarks."

Sigh............................doesn't this idiot understand that it isn't his money nor the Federal government's money he's talking about? It's OUR money. Has this moron ever read the Constitution??

Of course I know the answers to the above......just had to vent.

No wonder the Dems are consistently getting their asses kicked.

12 posted on 03/06/2003 2:48:36 AM PST by RightOnline
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To: yankeedame
"A rich nation can provide health care, high-quality education, protection and supervision for every child, and a civilized nation would do so,"

So can a totalitarian nation. This must be an improved version of the nanny state. Uncle Sam will now provide potty training for every child. People like Hart are scary and need to be marginalized.

13 posted on 03/06/2003 2:55:36 AM PST by Fzob (Why does this tag line keep showing up?)
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To: *Election President
http://www.freerepublic.com/perl/bump-list
14 posted on 03/06/2003 6:15:19 AM PST by Free the USA (Stooge for the Rich)
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To: yankeedame
What a great platform, We may as well begin the hand outs early.

The only response I have is this guy is an even larger moron than I always thought.

15 posted on 03/06/2003 6:21:24 AM PST by JIM O
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To: yankeedame
They already get this in the form of the increase income tax deductions that the PARENTS get.
16 posted on 03/06/2003 6:34:56 AM PST by Centurion2000 (Take charge of your destiny, or someone else will)
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Comment #17 Removed by Moderator

To: EGPWS
steal from hard working ambitious Americans through proxy, $1,000 at birth in a fund that would be invested until he or she wanted to use the stolen money to buy a house or go to college.

Unfortunately, the majority of voters in NY, NJ, CT, MA, RI, ME, IL, MD, OR, and CA think this is a great idea. With all of the BS that is coming out of Washington about terrorists these days (color code yellow-orange with a hint of chartruse) IT is easy to forget that the voters in these states are an enemy capable of far greater damage to our way of life than a bunch of cave dwelling rag heads. <-deliberately insensitive comment.

The real terrorists are the people in NY who send neoNational Socialists like Clinton and Schumer to Kongress to plunder or earnings and remove our rights.

18 posted on 03/06/2003 6:43:38 AM PST by from occupied ga (Your government is your enemy, and Bush is no conservative)
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To: RightOnline
Has this moron ever read the Constitution??

File it under "promoting the general welfare".

19 posted on 03/06/2003 6:44:38 AM PST by Wolfie
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To: yankeedame
More Hart "Monkey Business."

Only THIS time, he wants to screw US ALL -- AGAIN!"

This moron must think he's back in the Senate.

20 posted on 03/06/2003 6:49:16 AM PST by Dick Bachert
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