[what's up]

No, this cannot be true.

Obama would never mislead.

[dartuser]

In words of Warf ...

"Some?"

[maddog55]

Anything that POS says or anyone he’s associated with isn’t dubious, it’s an outright lie.

[eeriegeno]

I hope that the American voters are happy with the lying SOB that they re-elected!!!!!

[drypowder]

where's the threat to not pay elected officials and their staffs? Given the fact that most have been in elected office long enough that they have surely contributed to the mess this country is facing, not one of them deserves a pay check let alone their job.

[Baynative]

In a country where journalists were inquisitive instead of partisan, all of Obama’s claims would be found to be dubious. Where shall I start?

[kabar]

According to Nancy Altman, co-chair of the Strengthen Social Security campaign, and Mark Scarberry, law professor at Pepperdine University, the government can actually supply funding for Social Security without touching the national debt.

Social Security has its own dedicated income stream, explain Altman and Scarberry, as well as a reserve of trillions of dollars invested in treasury bonds.

Those bonds are technically counted as part of the federal debt, meaning if the Social Security Trust decides to redeem a certain percentage to pay out benefits, it would actually lower the U.S. debt obligation.

The government, in turn, could raise newly-freed money on the bond market, shifting its obligations from inter-government to private investors.

SS has already been running in the red since 2010. It has been making up the shortfall by redeeming the non-market T-bills in the SSTF using the General Fund.

What the professors failed to note is that although the SSTF is part of the national debt and redeeming the T-bills will lower what is in the SSTF, we still borrow 42 cents of every federal dollar so it is not a one for one transaction in terms of the reduction of the debt. Moreover, the SSTF is the biggest holder of T-bills and must be paid interest as part of the national debt servicing expense.

[Jean S]

President Obama also mentioned potential disruptions to compensation for troops and small business owners.

Small business owners get compensation too? My husband is a small business owner, where do we sign up for this?

[upchuck]

This POS asshole knowingly and blatantly lies every time he opens his mouth.

Who else do you know like that? No one I know.

Comeuppance is coming.

[freeangel]

NBC?? What am I missing that they say the WON LIED?

[YHAOS]

Let’s see . . . how to work this.

Withhold payment where ever it will cause the most chaos and disruption.

Then declare martial law, suspend all laws, and rule by decree . . .
due, of course, to the chaos and disruption.

That should do it.

[Logical me]

Shut the F..ing Country down. Better to stop King Obama than give in and lose the Country to a communists dictatorship.

[The Cajun]

Dubious, unfounded, untrue.

They just bring themselves to say that the dirty, rotten, Kenyan bastard is lying again.

[AndrewB]

“speaking largely to an impending debt ceiling crisis.”

This idiomatic usage grates on me. Then again, it’s so much more pleasant to wallow in grammatical nuance than face all the unpleasant realities in the news these days.

Anyone else?
http://grammarist.com/usage/speak-to/

[Pearls Before Swine]

Those bonds are technically counted as part of the federal debt, meaning if the Social Security Trust decides to redeem a certain percentage to pay out benefits, it would actually lower the U.S. debt obligation.

I call BS on this one. The way the Treasury gets the funds for these IOUs is by issuing more bonds to the markets at large (or these days, perhaps to the Fed). It's a wash--if the SS debt is redeemed, it creates more debt, as long as we are running a deficit.

[Tublecane]

“Social Security has its own dedicated income stream”

Lie.

[I Drive Too Fast]

This press conference sponsored by Burger King - the home of THE WHOPPER!!!!