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The Real Reason Hitting The Debt Limit May Mean Social Security Checks Stop
IM-Implode.com ^ | 7-14-2011 | Aaron Krowne

Posted on 07/17/2011 2:49:15 PM PDT by blam

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1 posted on 07/17/2011 2:49:25 PM PDT by blam
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To: blam

"Don't you call my bluff!"


2 posted on 07/17/2011 2:51:20 PM PDT by Travis McGee (EnemiesForeignAndDomestic.com)
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To: blam

So when seniors default on credit payments, get thrown out of their house/apartment/trailer guess who will be blamed.


3 posted on 07/17/2011 2:56:51 PM PDT by SkyDancer (You know, they invented wheelbarrows to teach FAA inspectors to walk on their hind legs.)
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To: blam

These political maggots can pay out hundreds of BILLIONS per year in direct and indirect costs to educate, feed, medicate and otherwise support ILLEGAL ALIENS but they feel they must cut Social Security to real citizens....we know what the game here is. Pure filthy politics — the politics of fright and intimidation.

What goes around, will come around.


4 posted on 07/17/2011 2:57:27 PM PDT by EagleUSA
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To: blam

If the U. S. defaults on debt obligations (bonds), then there is no longer any moral obligation for taxpayers to pay taxes.


5 posted on 07/17/2011 3:01:15 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: blam; Travis McGee

Awww, They shouldn’t worry.

Politicians of all stripes and levels have no doubt been closely watching the example of Prichard, Alabama. They officially ran out of money two years ago and stopped paying pensions. We have John Stossel’s latest to show that Prichard somehow still manages to pay everybody else.

The city’s retirees just suck it up, struggle on somehow, or suffer and die in silence with some desultory protesting.

So far the Mayor and town council have not been impeached, voted out of office or even assassinated.

Go figure, I’m sure, after due consideration, our solons are not so afraid of having a few elder mobs beating on their limos with placards for a while.


6 posted on 07/17/2011 3:01:59 PM PDT by sinanju
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To: blam
The SS trust fund has been looted and replaced with special treasury bonds (special IOUs in that honoring them does not take priority over repaying standard T-bills).
But the SSTF is still full of such IOUs and if that isn't a debt,than my mortgage isn't either,
But if it comes to paying seniors’ retirement or continuing to finance Plan Parenthood abortions there is no telling what the Marxist will do.
7 posted on 07/17/2011 3:05:02 PM PDT by Happy Rain ("Sans Sarah-Bachmann's The One.")
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To: SkyDancer

The Republicans will be blames, the seniors will be at fault. Social Security (An unconstitution, ponzi scheme), was to be a supplement to one’s own retirement plans. Those who supported the plan rather than abolishing it, are now finding out what they should have known all along: “DON’T TRUST POLITICIANS WITH YOUR MONEY” and “YOU CAN’T SPIN FLAX INTO GOLD.”

The next lesson up (for those that didn’t learn it young), “Take care of your kids, someday they’ll have to take care of YOU.”

Social Security is coming down one way or another. And thank goodness, it’s about time. Communism NEVER works. You ALWAYS run out of OPM.


8 posted on 07/17/2011 3:06:36 PM PDT by JDW11235 (I think I got it now!)
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To: abb

Except for defense and a few other things, there is no moral obligation now.


9 posted on 07/17/2011 3:06:44 PM PDT by achilles2000 ("I'll agree to save the whales as long as we can deport the liberals")
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To: blam
But interestingly, we’re not just hearing that from Congressional Republicans: Obama has raised that spectre as well.

Stopped right there. The author is clearly clueless.

10 posted on 07/17/2011 3:07:21 PM PDT by Lancey Howard
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To: blam
The deepest cuts should be in the extremely bloated welfare system.

But that would make too much sense.

11 posted on 07/17/2011 3:08:35 PM PDT by Allegra (Hey! Stop looking at my tagline like that.)
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To: blam

Basically...Federal Gov’mt as currently operated, is a liability to the States and We the People.


12 posted on 07/17/2011 3:10:11 PM PDT by mo ("If you understand, no explanation is needed; if you do not, no explanation is possible")
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To: sinanju

Especially considering Soros can get Kapos on the cheap from AARP.


13 posted on 07/17/2011 3:11:47 PM PDT by Tijeras_Slim
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To: blam

14 posted on 07/17/2011 3:11:56 PM PDT by Errant
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To: blam
Why aren't the Republicans shouting from the rooftops the mantra of the DIMocrats for the last 15 years? Why aren't they shouting the DIMocrats promised for the last 15 years?

The funds to pay Social Security have been put in a lock box and are all available for many years to come!!!

15 posted on 07/17/2011 3:12:11 PM PDT by ProudFossil
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To: EagleUSA

“These political maggots can pay out hundreds of BILLIONS per year in direct and indirect costs to educate, feed, medicate and otherwise support ILLEGAL ALIENS but they feel they must cut Social Security to real citizens....we know what the game here is.”

We sure do, it’s called “Vote buying with other people’s money.” The politicians did it for decades, buying the “citizen vote” paid for by future debts, then they did it by funding it through foreigners’ credit. Now they’re doing it by printing money which will bring down the entire system.

End ALL social welfare programs, and “PRESTO!” you end the vote buying. No evil redistribution of wealth=no political Robin Hooding. The production class ALWAYS has paid for the elites and the poor. The elite take the money from the productive (be they rich or not), and line their pockets and give what’s left to the poor to keep them in power. It has NEVER changed. Which is why true conservatives are never fooled by the plan, it’s as old as the War in Heaven.


16 posted on 07/17/2011 3:12:11 PM PDT by JDW11235 (I think I got it now!)
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To: blam

BIG REASONS

BILLIONS FOR JIHAD!

Obama’s 2009 Supplemental Appropriations for Iraq, Afghanistan, Pakistan, and Pandemic Flu was revised and “passed by the full committee.”
It gives billions http://creepingsharia.wordpress.com/2009/05/13/obamas-supplemental-bill-passes-gives-billions-to-enemies/
of U.S. taxpayer dollars to countries and entities that support Sharia law and/or harbor, hide and support those who want to destroy the U.S. and our allies.
Read the summary from David Obey’s office that was quietly released last week with nary a word from any media.

• $3.6 billion, matching the request, to expand and improve capabilities of the Afghan security forces

• $400 million, as requested, to build the counterinsurgency capabilities of the Pakistani security forces

• Afghanistan: $1.52 billion, $86 million above the request

• West Bank and Gaza: $665 million in bilateral economic, humanitarian, and security assistance for the West Bank and Gaza

• Jordan: $250 million, $250 million above the request, including $100 million for economic and $150 million for security assistance

• Egypt: $360 million, $310 million above the request, including $50 million for economic assistance, $50 million for border security, and $260 million for security assistance

• Pakistan: $1.9 billion, $591 million above the request

• Iraq: $968 million, $336 million above the request

• Oversight: $20 million, $13 million above the request, to expand oversight capacity of the State Department, USAID, and the Special Inspector General for Afghanistan to review programs in Afghanistan, Pakistan and Iraq
• Lebanon: $74 million

• International Food Assistance: $500 million, $200 million above the request, for PL 480 international food assistance to alleviate suffering during the global economic crisis

• Refugee Assistance: $343 million, $50 million above the request, …including humanitarian assistance for Gaza. Funding for the UN Relief and Works Agency programs in the West Bank and Gaza is limited to $119 million (Note: Gaza = Hamas)

• Disaster Assistance: $200 million to avert famines and provide life-saving assistance during natural disasters and for internally displaced people around the world, including Somalia, Zimbabwe, Ethiopia, the Middle East and South Asia

•Peacekeeping: $837 million for United Nations
peacekeeping operations, including an expanded mission in the Democratic Republic of the Congo and a new mission in Chad and the Central African Republic

• Department of Justice: $17 million, matching the request, for counter-terrorism activities and to provide training and assistance for the Iraqi criminal justice system
The mainstream media remains silent on this but the International News has now picked up the story http://www.thenews.com.pk/top_story_detail.asp?Id=22164
— and then there is Obama’s $108 billion IMF bailout scheme http://michellemalkin.com/2009/05/13/obamas-100-billion-imf-bailout-scheme/
in addition to the Supplemental.
And THIS is what Obama is doing to American taxpayers:
THE BIGGEST TAX HIKE IN AMERICAN HISTORY:
http://www.atr.org/days-thebr-largest-tax-hikes-history-a5370
PDF Version:
http://www.atr.org/files/files/090310pr-jan2011taxes.pdf
Obama gives your tax dollars to rebuild Muslim mosques around the world
http://canadafreepress.com/index.php/article/26990#

ACCORDING TO THE ASSOCIATED PRESS, THE OBAMA ADMINISTRATION WILL GIVE AWAY NEARLY $6 MILLION OF AMERICAN TAX DOLLARS TO RESTORE 63 HISTORIC AND CULTURAL SITES, INCLUDING ISLAMIC MOSQUES AND MINARETS, IN 55 NATIONS. See the State Department document here.
http://exchanges.state.gov/media/pdfs/office-of-policy-and-evaluations/ambassadors-fund/afcp2010list.pdf

.


17 posted on 07/17/2011 3:16:47 PM PDT by patriot08 (TEXAS GAL- born and bred and proud of it!)
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To: blam

So...

We take away the Social Security from those who,
for the most part, have contributed to it
all their working lives

But we keep open the utterly parasitic:

Dept. of Education
Internal Revenue Service (Fair Tax)
Separate Health plans for Federal Workers, and
Aggressive retirement plans for federal workers
Unionized Federal Workers
Most of National Institute of Health
Grants to other Countries
Pet projects of Congress Critters
ATF

Dare I say, If necessary, much of Military

But No, they have to pull the rug out from the elderly
From a plan they have, for the most part,
have individually paid into in the past

Despicable


18 posted on 07/17/2011 3:17:31 PM PDT by HangnJudge
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To: blam
SS is the last thing that should be shut off. It actually has its' own account.

How dare he threaten us!! Don't pay Congress for a while makes much more sense!! And those Congressmens' expense accounts?? Forget paying them for a while.

If you don't create jobs and get rid of stupid programs like Head Start etc...there will NEVER be enough money.

19 posted on 07/17/2011 3:19:43 PM PDT by Sacajaweau
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To: JDW11235
Cause Cheap Is How I Feel
20 posted on 07/17/2011 3:20:09 PM PDT by blam
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