Posted on 03/12/2015 7:02:50 PM PDT by Olog-hai
“When people tell you Social Security is going broke, you look them in the eye and tell them they’re not telling you the truth,” said Sen. Bernie Sanders (I-Vt.) at an event on Capitol Hill in Washington, D.C., on Thursday to petition Congress not to cut Social Security or Medicare.
“Today, the Social Security Trust Fund has a $2.8 trillion surplus,” Sanders said. […]
As CNSNews.com previously reported, however, the Social Security program ran a $47.8 billion deficit in fiscal 2012 as the program brought in $725.429 billion in cash and paid $773.247 billion for benefits and overhead expenses, according to official data published by Social Security Administration. …
(Excerpt) Read more at cnsnews.com ...
When Bernie Sanders opens his mouth, he is lying.
You can’t say he’s not as dumb as he looks
Uhh, Bernie, SS isn’t going broke; it is broke
“Today, the Social Security Trust Fund has a $2.8 trillion surplus,” Sanders said.”
Evidently, he’s also a stand up comedian.
I thought social security has been broke for years?
So...Bernie knows where the Lockbox is?
The only Ponzi scheme in which you are forced to pay into.
Oh wait! I forgot about Obamacare No doubt you will be forced into it!
Meanwhile, here is where your forced “contribution” goes. Read and weep.
http://www.socialsecurity.gov/OACT/ProgData/fundFAQ.html#n4
Bernie has been in Congress since 1991.
He knows they spent that money and issued worthless IOUs to SS for that theft.
There never was a lockbox.
And there is no surplus.
It is all on paper, and there is nothing to back up the paper.
Rule #1, Socialists and Communists (Democrats) lie.
Rule #2, See Rule #1.
Broke or not, the Supreme Court has already ruled that there is no actual right to it, so we’re screwed either way.
B-R-O-K-E!
The entire federal government is broke. 18 trillion in immediate debt and 100s of trillions in liabilities. If the feds were forced to use the same accounting rules I am force to use there would be a balance sheet of galactic levels of debt.
It appears the family has not put a man into military service since they got off the boat.
They always say this and have been doing so for years. The 2.8T they are talking about actually does exist, but the problem is that it is in the form of IOU’s (special issue treasuries ). They are constantly counting it and adding it up as if it is real money.
http://en.m.wikipedia.org/wiki/Social_Security_Trust_Fund
Sooo there’s no need to raise our Taxes - right?
Using Karl Marx’s ideas to help the middle class is like using Adolf Hitler’s ideas to help the Jews.
But middle class Marxists keep voting Sanders, so what do you want me to say?
Or cut benefits for anyone. Right Bernie?
L
In their mind there is no difference between an IOU and a dollar bill. Both are (theoretically) backed by the full faith and credit of the US Government.
Except that there is nothing actually backing those notes (IOU and dollar bills) BESIDES that full faith and credit. If we were not the fiat currency, we’d be Greece. Worse, probably.
You would be more truthful if you looked them in the eye and said “Bernie Sanders is a liar.” “He is a socialist nutbag who thinks he has a right to spend other people’s money, and he has helped spend us into the ground.”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.