- May 20, 2009
- 144,242
- 66,543
- 2,330
Every nickel everyone in that state has paid in, and might expect to benefit from some day,
would be gone.
Did you factor that into your calculations?
He thinks such money is piled high in a lock box somewhere, just waiting for us.
Humor!
It is. When's the last Social Security defaulted on an obligation?
When you secede, your state's resident's legal claim to the benefits they paid for all their lives will be null and void.
Some 60 year old guy in Texas, who has been paying into Medicare and Social Security for 40 years,
who's expecting to retire a few years and get a thousand bucks a month SS, and 80% of his medical costs covered for the rest of his life,
explain to him that when Texas becomes a 'sovereign nation',
he will be getting Zero and Zero.
Obama admitted Social Security is bankrupt
Obama says he cannot guarantee Social Security checks will go out on August 3 - Political Hotsheet - CBS News