Get Adobe Flash player

Social Security

Obama’s Threat to Cut Off Social Security Payments Is a Lie

From Moonbattery:

It’s not easy for a Marxist saboteur to constantly hit new lows, but Obama manages — most recently by trying to terrify seniors with the suggestion that Social Security payments won’t go out unless Republicans agree to raise the debt ceiling effectively to infinity, ensuring total economic collapse not far down the road. Here‘s what his Fabian communist accomplices in the “mainstream” media won’t tell you:

If Washington receives about $200 billion in monthly revenues and sends out roughly $50 billion worth of Social Security checks and the same amount of Medicare payments, why is Obama claiming the checks may not go out?

Isn’t $200 billion minus $100 billion still $100 billion?

Because Obama is playing the demogogue, that’s why. Pure and simple. He is trying to scare seniors into making panicked calls to their congressmen begging them to do whatever Obama and the Democrats want in order to keep the checks coming.

This is demogoguery of the worst sort because Obama has to know that what he is saying is false. When you and I say something we know to be false, it’s called a “lie.”

Likewise, any so-called journalists who let this lie pass are also liars.

The willingness of a power-drunk lowlife like Obama to use the threat of withholding Social Security as a weapon demonstrates why the federal government is the last entity a sane person would trust to hold his retirement funds.

Oh my: Pawlenty calls for Medicare and Social Security reform — in Florida

From Hot Air:

First he goes after ethanol in Iowa, now this. What’s next? Telling Texans it’s time to wean themselves off of barbecue? Good lord. This isn’t a campaign, it’s an intervention.

Alternate headline: “Tim Pawlenty now unelectable in not one but two early primary states.”

A day after telling Iowans their beloved ethanol subsidies will have to go, Republican presidential candidate Tim Pawlenty used a stop in senior-heavy Florida to call for reining in Social Security and Medicare benefits for future retirees…

It’s part of a tough-medicine tour, designed to highlight Pawlenty’s willingness to tell “hard truths.” He’s also planning to visit Washington to call for less-generous pay and benefits for public sector employees and to New York to call for an end to Wall Street bailouts…

Pawlenty said Social Security’s retirement age must “gradually” increase for people who are not yet in the system. He also called for ending cost-of-living increases for wealthy retirees. He said he’ll release details soon and said the changes would not affect current retirees.

That’s from today’s Facebook town hall, where he also took a question that seemed geared towards winning a certain fiscal-con icon’s constituency:

“In the state of Indiana, our governor has been really hard on teachers,” asked one girl. “What is your view of education?”

Pawlenty voiced a position on education similar to the reforms passed by Daniels in the last Indiana legislative session: school choice and vouchers, support for charter schools, and saying that education policy should be geared to help children and should “put their needs first, rather than the interests of adults in public employee union movement.”

The choice of the question seemed deliberate, as a way to position Pawlenty as the natural alternative for Daniels’ supporters.

The straight talk on entitlements, I think, is mainly geared towards giving him cover with the base for when he starts inching away from Ryan’s Medicare plan. He praised Ryan’s budget when speaking to reporters after the Facebook town hall today but reminded them that he’ll be introducing his own plan in the coming months. With good reason: The more Senate Republicans bail on Ryan — Olympia Snowe is the latest — the closer we get to the sort of tipping point imagined by Nate Silver. It’s easier for the GOP to deflect concerns about Ryan’s Medicare reforms if they’re voting party-line, less easy when the RINO contingent of Snowe, Collins, and Brown defects and thereby implicitly signals to centrists that Ryan’s budget is “extreme.” T-Paw’s trying to massage both sides here (much as he did in Iowa), hinting without saying that he thinks Ryan’s plan is extreme too but not so much that entitlement reform should be avoided. Exit quotation: “What I know is this: There just can’t be any more sacred cows.”

Social Security Going Broke Faster than Expected

From Big Government:

From today’s New York Times:

The bursting of the real estate bubble and the ensuing recession have hurt jobs, home prices and now Social Security.

This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.

Read the entire article at Big Government.

God Bless America

Find Us On Facebook!

Hot Topics

Random Quote

The most sacred of the duties of a government [is] to do equal and impartial justice to all citizens. — Thomas Jefferson, Note in Destutt de Tracy, 1816

Today’s Events


Upcoming Elections

  • No dates present