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

  1. #531
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by winston53660 View Post
    I know, but July 1st my check shows up and every other mnth before that it has always shown up on the 1st never the 3rd.
    Okay .... not sure where you're going with this. It always used to be the 3rd, like every time I talked to someone on SSI or SSD, when I was a bill collector. But now it's the 1st? Alrighty then.

  2. #532
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Sheik Yerbuti View Post
    Well a former senior Treasury Department official says it it. How do you know better than him?
    Because others, including Democrats themselves, have said that Social Security checks will be there.

    And we all know that the President of the United States is a liar. I don't think anyone seriously disputes that anymore.

  3. #533
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by 1Perry View Post

    And yet again....we are told over and over that S.S. is a seperate entity fully funded. A fully funded program should have no problem paying out. Or maybe they are not being truthful somewhere?
    It's seperate from the budget but it is still funded with federal revenue. During the late '90s we had several consecutive years with a balanced budget, yet the debt still grew. The reason for that was social security outlays. So while the money comes from federal revenue for social security, if there is a shortfall, the government has to borrow the money from the Treasury in order to make the payments. If the Treasury won't lend the government the funds because the debt ceiling is breached, seniors are at risk at not collecting their full SS checks.

  4. #534
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Grant View Post

    And we all know that the President of the United States is a liar. I don't think anyone seriously disputes that anymore.
    Which presidents haven't lied? Seems to me that it's part and parcel with the job.

  5. #535
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by BDBoop View Post
    Okay .... not sure where you're going with this. It always used to be the 3rd, like every time I talked to someone on SSI or SSD, when I was a bill collector. But now it's the 1st? Alrighty then.

    I'm not really going anywhere. I was just wondering because it always does show up on the 1st.

  6. #536
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by winston53660 View Post
    I'm not really going anywhere. I was just wondering because it always does show up on the 1st.
    It is passing strange. I wonder if some get paid the 1st, some the 2nd, some the 3rd - and the ones on the 3rd are screwed.

  7. #537
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Sheik Yerbuti View Post
    [COLOR=blue]It's seperate from the budget but it is still funded with federal revenue.
    Obviously it is not seperate.

  8. #538
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Social Security doesn't need the government, apparently.

    After all, if Social Security tax receipts don't cover all the checks in any month, the Social Security Trust Fund can sell its government bonds, bills and notes, as Sen. Jim DeMint (R., S.C), recently suggested. The holdings are enormous, and sales, even at a discount, could cover the system's needs for years, much less the time to finish budget parlaying.

    So, if the checks stop coming, it will be the president who decided to stop them. That's not a hard message to get across.
    Clark Judge: The Debt Battle Is Good for the GOP - WSJ.com

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

    Quote Originally Posted by Sheik Yerbuti View Post
    Which presidents haven't lied? Seems to me that it's part and parcel with the job.
    Is this intended to be a defense of Barrack Obama? That all Presidents lie? If so, and lying politicians are never confronted with their lies, then certainly we will all get the governments we deserve.

    But what is interesting is the lengths people will go to defend these lies, simply because they want to believe. In fact they appear desperate to believe, and will suspend whatever questions they might normally have of someone wanting to sell them something, a used car as the useful example, in order to continue with their beliefs. Even when that used car is billowing blue smoke out its rear and making noises they have learned to ignore, they will still defend their choice of vehicle. That with a few minor tune-ups it will run just fine.

    This is politics as theater. People are willing to ignore reality in order to support those who've they chosen as their heroes. believing somehow that these heroes will eventually triumph over the dark forces which oppose them, with the happy ending somehow justifying the illegal and immoral means in getting there.

    Lies are okay because they all do it and, besides, the lies of my hero are for the common good.

  10. #540
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by BDBoop View Post
    It is passing strange. I wonder if some get paid the 1st, some the 2nd, some the 3rd - and the ones on the 3rd are screwed.
    Perhaps the Postal Workers Union can look into the problem.

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