obama Threatens Social Security Checks

[Edgetho]

Not that it matters to obama, but there's plenty of money in the SS Trust Fund.

I mean, it's all IOUs, but the Trust Fund itself still has a few Trillion in it.

Is there anything that dimocraps won't stoop to?

Is closing down a Memorial to 90 year-old Veterans not enough?

Is refusing to help dying children with cancer not enough?

Obama Threatens To Hold Retirees Social Security Checks Hostage Unless GOP Caves…

Time to scare the crap out of granny.

Via Business Insider:

Early Thursday morning, Potomac Research Group analyst Greg Valliere predicted that if the debt-ceiling deadline grew closer, President Barack Obama would play his “trump card” in the debate. He would remind seniors that if Congress doesn’t raise the debt ceiling, seniors wouldn’t get their Social Security checks.

“GOP strategists like Karl Rove surely know that it’s just a matter of time before President Obama throws a game-changer — warning senior citizens that their Social Security checks won’t be mailed because of John Boehner,” Valliere wrote in a note to clients.

A few hours later, Obama did just that during a speech at M. Luis Construction Company in Rockville, Md. He spent much of the speech warning that while the ongoing government shutdown was damaging, failure to raise the debt ceiling by an Oct. 17 deadline would be even worse.

“In a government shutdown, Social Security checks still go out on time. In an economic shutdown — if we don’t raise the debt ceiling — they don’t go out on time,” Obama said. “In a government shutdown, disability benefits still arrive on time. In an economic shutdown, they don’t.”

- See more at: Weasel Zippers | Scouring the bowels of the internet | Weasel Zippers

 

[Edgetho]

In case you've forgotten how scuzzy dimocraps are...

[ame=http://www.youtube.com/watch?feature=player_detailpage&v=OGnE83A1Z4U]Granny Off the Cliff - YouTube[/ame]

 

[Black_Label]

In case you've forgotten how scuzzy dimocraps are...

Granny Off the Cliff - YouTube

^^ Love this video, it shows perfectly how disgusting the GOP filth are.

 

[boedicca]

In case you've forgotten how scuzzy dimocraps are...

Granny Off the Cliff - YouTube

^^ Love this video, it shows perfectly how disgusting the GOP filth are.

You're projecting again, bub.

Quick! Sign up for ObamaCare and get yourself some meds.

 

[Spoonman]

is he threatening to stop welfare checks and obamaphones to? if not, we can all see clearly where his loyalties are

 

[Katzndogz]

obama intends to default. No matter what, he intends to default. He's already setting the stage. Default, tank the economy and blame republicans. There need not be a default of course because the government has income on a daily basis. Billions of dollars in income. They just want to indebt the country more.

 

[Edgetho]

In case you've forgotten how scuzzy dimocraps are...

Granny Off the Cliff - YouTube

^^ Love this video, it shows perfectly how disgusting the GOP filth are.

You're projecting again, bub.

Quick! Sign up for ObamaCare and get yourself some meds.

Any competent Doctor would probably lock his ass up as soon as he opened his mouth.

 

[NoTeaPartyPleez]

I see, it's all Obama's fault. 535 people are completely blameless.
The IQ of the majority on this board is about 53.5 because they are puppets for the Tea Baggers, plain n' simple.

 

[Edgetho]

obama intends to default. No matter what, he intends to default. He's already setting the stage. Default, tank the economy and blame republicans. There need not be a default of course because the government has income on a daily basis. Billions of dollars in income. They just want to indebt the country more.

I don't think so, Katz.

On this 'shutdown' dealio, he can shift a lot of the blame (falsely) to Republicans.

But if the gubmint starts to go into default (it can't but it might appear that way)...

But if that happens.... obama gets HAMMERED for that one. Hammered. Bad.

He's worried. the DISGUSTING FILTH in the LSM is portraying the POS as confident and self-assured but he's seriously worried.

We stick this out and dimocraps come crawling to us begging for a deal.

I say we kick them in the face.

 

[Edgetho]

I see, it's all Obama's fault. 535 people are completely blameless.
The IQ of the majority on this board is about 53.5 because they are puppets for the Tea Baggers, plain n' simple.

It was around 120.

Then you showed up.......

 

[CrusaderFrank]

Obama keeps reminding people, the ones who aren't low-information Democrats, that there are no real assets in the Social Security "Trust Fund"

Why not sell off the "assets" to pay the benefits?

Know why? It's because the Trust Fund owns Bernie Madoff Bonds, they can ONLY be sold to the US Government and the Government can ONLY pay for them by borrowing.

Why people aren't rioting in the streets is a mystery to me. If a Republican threatened to withhold those checks the Mindless Liberal Zombies would have been ordered to take to the streets

 

[Black_Label]

In case you've forgotten how scuzzy dimocraps are...

Granny Off the Cliff - YouTube

^^ Love this video, it shows perfectly how disgusting the GOP filth are.

You're projecting again, bub.

Quick! Sign up for ObamaCare and get yourself some meds.

I hope being a right wing idiot is now finally diagnosed as a severe mental illness that needs those possessing it to be committed to an institution, you would be on the first bus out!

 

[R.C. Christian]

There is no trust fund. I believe Regan ended that. Just to be fair for the sake of historical accuracy and even as a far right winger I have no use for that idiot in modern conversation, but I digress.

 

[rdean]

Like the post office, Social Security is separate from the government. The very worst is that people can't sign up.

Considering this a "teaching moment".

 

[Edgetho]

Obama keeps reminding people, the ones who aren't low-information Democrats, that there are no real assets in the Social Security "Trust Fund"

Why not sell off the "assets" to pay the benefits?

Know why? It's because the Trust Fund owns Bernie Madoff Bonds, they can ONLY be sold to the US Government and the Government can ONLY pay for them by borrowing.

Why people aren't rioting in the streets is a mystery to me. If a Republican threatened to withhold those checks the Mindless Liberal Zombies would have been ordered to take to the streets

Those 'Mindless Zombies' are too busy turning to Capitalism.....

Occupy To Issue Its Own Debit Card?

Looks like the trust fund wing of Occupiers ran off and became capitalists. Or more precisely is going to use donated funds to make money for themselves. And this squares precisely how with tax-exempt status? Oh, IRS? Never mind, not Tea Partiers, so they should be safe…

Via ABC News:

An offshoot of the Occupy Wall Street movement plans to issue its own debit card. What’s next? The Occupy-edition Range Rover?

Asked this same snide question, Carne Ross, a board member of the Occupy Money Cooperative, tells ABC News that his group’s intentions could not be more altruistic or more in sympathy with Occupy’s larger, progressive agenda.

Ross, a former British diplomat and commentator on banking and international affairs, says he first came up with the debit card idea when he and like-minded activists were occupiers of New York’s Zuccotti Park two years ago. Nor was a debit card the only financial idea they kicked around. “We debated buying a bank, which we came close to doing. It remains an option for us,” he says. “We eventually came to this [the debit card], as the easiest way to get a financial product out there.”

Though its website, Occupy Money seeks to raise approximately $1 million to produce the card, which would be available at no cost to anyone wanting to sign up for one. While there would be no upfront cost, users would pay fees, including $1.95 per ATM withdrawal and 99 cents for balance inquiries. To make the card widely accepted, the Cooperative has forged a relationship with VISA.

 

[LordBrownTrout]

Like the post office, Social Security is separate from the government. The very worst is that people can't sign up.

Considering this a "teaching moment".

Id gladly take the "very worst" if that meant I could elect out of SS. But no, I'm forced.

 

[Edgetho]

Like the post office, Social Security is separate from the government. The very worst is that people can't sign up.

Considering this a "teaching moment".

No, SS is not separate from the 'government'. Not since LBJ's Unified Budget Act.

Bush I tried to fix it with the Budget Enforcement Act of 1990 but that has since expired.

We're now operating under a rather toothless PAYGO that obama signed back in 2010.

It's convoluted and not really worth arguing about, but SS is nothing more than a paper account filled with government IOUs.... Bonds.

Bonds that are worth only what the Full Faith And Credit Of The United States is worth.

And with a Stuttering Clusterfuck in Office... That ain't a lot

 

[ScreamingEagle]

Not that it matters to obama, but there's plenty of money in the SS Trust Fund.

I mean, it's all IOUs, but the Trust Fund itself still has a few Trillion in it.

Is there anything that dimocraps won't stoop to?

Is closing down a Memorial to 90 year-old Veterans not enough?

Is refusing to help dying children with cancer not enough?

Obama Threatens To Hold Retirees Social Security Checks Hostage Unless GOP Caves…

Time to scare the crap out of granny.

Via Business Insider:

Early Thursday morning, Potomac Research Group analyst Greg Valliere predicted that if the debt-ceiling deadline grew closer, President Barack Obama would play his “trump card” in the debate. He would remind seniors that if Congress doesn’t raise the debt ceiling, seniors wouldn’t get their Social Security checks.

“GOP strategists like Karl Rove surely know that it’s just a matter of time before President Obama throws a game-changer — warning senior citizens that their Social Security checks won’t be mailed because of John Boehner,” Valliere wrote in a note to clients.

A few hours later, Obama did just that during a speech at M. Luis Construction Company in Rockville, Md. He spent much of the speech warning that while the ongoing government shutdown was damaging, failure to raise the debt ceiling by an Oct. 17 deadline would be even worse.

“In a government shutdown, Social Security checks still go out on time. In an economic shutdown — if we don’t raise the debt ceiling — they don’t go out on time,” Obama said. “In a government shutdown, disability benefits still arrive on time. In an economic shutdown, they don’t.”

- See more at: Weasel Zippers | Scouring the bowels of the internet | Weasel Zippers

this would be the tactic of a DICTATOR.....

 

[R.C. Christian]

There isn't a snowball's chance in hell that this would happen.

 

[Vox]

Hey, are you surprised?

It's a typical Chicago tactic, extortion, blackmail, threats, and if anything fails - murder.