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Thread: Obama says he cannot guarantee Social Security checks will go out on August 3

  1. #41
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Screw those old bastards.

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by toddwv View Post
    It's not a threat, it's the truth. SS isn't in a lockbox, it has been dumped into the general fund for decades in order to mask out-of-control "defense" spending.
    You mean entitlement spending, which, alone, exceeds available revenue, has grown just as fast as defense spending, and is ~3.5x greated than defense spending.

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by donsutherland1 View Post
    Payments for Social Security come from payroll tax collections and liquidation of Treasury securities held by the Social Security Fund. Payroll tax revenue is not restricted to Social Security. The funds are treated as general revenue. Were the nation to fail to raise its debt ceiling, all revenue (including payroll tax revenue) would almost certainly be used to meet debt obligations ahead of everything else.
    This leaves (in FY2009 numbers) about $1.9T in revenue that can be spent on 'everything else'.

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by GoVote2012 View Post
    They are going to keep America hostage the next two weeks until we throw away our poor to help our rich so our bills get paid. How sickening.
    Yes -- but then, Democrats - and certainly, The Obama - have, time and time again shown that they are perfectly happy to put the country at risk just to protect handouts to their voting base.

  5. #45
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Ikari View Post
    Not really, it's mostly government not serving its purpose anymore. Bad government. But this is what you get when you vote for the lesser of two evils, you get evil.
    This is what we get for relying on Government instead of ourselves.
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  6. #46
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    It's just a bunch of BS obviously. This is how it works, and most certainly presidents use scare tactics all the time haven't you heard of the terror alerts? It has the goddamn word terror in it. ANYWAYS this is how it will go down: Word gets to seniors, seniors write and call, try to kill their congressman, Republicans start playing ball, or they don't. Who knows.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

  7. #47
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Personally … I'd be much more fearful if Obama promised that all SS payments would be taken care of …... because “nothing” he has told us in the past has come true ..

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Ockham View Post
    This is what we get for relying on Government instead of ourselves.
    This is what we get for allowing government spending to turn into the cornerstone of our economy.

  9. #49
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Did the President switch his Political Party? I thought the "politics of fear" was exclusive to the GOP?
    Silent sobs
    Invisible tears
    Life enveloped
    in unspoken fears.

  10. #50
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Scaring old people is a tried and true method to get political power.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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