-Social Security has a 22 trillion dollar surplus. Why did Obama voluntarily put it on the table?
"Pitting young people against their grandparents would be distasteful in any case, but to do so based on information that, in fact, argues the opposite is despicable. Thank goodness for C-SPAN and its eagle-eyed journalist Susan Swain."
I know many of you will dislike the source but it is a transcript from C-Span
http://www.dailykos.com/story/2011/07/29鈥?/a>The problem with that is that the surplus is in the form of IOU's. SSI was robbed to pay for the Vietnam war, the Great Society, to balance Clinton's budget, for everything else in between by every president from Eisenhower on through the current. They paid the beneficiaries and then use what is left in the general fund replacing it with an accounting entry.Obama and the dems and CBS News saying that SS checks wouldnt be sent out...LOL!!! TOTAL Propaganda.
They have reached the point where they will say anything:
"And if Republicans dont do everything we want, these puppies will be incinerated (show picture of puppies), these children will die (show picture of sad looking children) and the entire world will collapse"
The left and the state media have lost ALL credibility.
"Social Security has a 22 trillion dollar surplus."
No, that money does not exist. The government puts it right into the general fund, and as you know, we're in extreme debt. This isn't new.
he put it on the table because he actually doesnt care whether its "reformed" or not, all he cares about is gaining acceptance from the right
Republicans and right-wing media outlets like Bloomberg and Fox have a vested interest in taking money from the weakest among us, our seniors.
Time for the liar and chief to go....
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