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Reid: No Social Security checks without debt deal

 
Anonymous Coward
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07/14/2011 07:26 PM
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Re: Reid: No Social Security checks without debt deal
The Social Security Act was signed into law in 1935 by FDR, the centerpiece of his New Deal Program. It was set up as a pay as you go program, where each year's FICA (Federal Insurance Contribution Act) taxes paid for that year's benefits. I.e. the program was not supposed to run a surplus.

That changed in 1983, when Alan Greenspan chaired a commission to address coming demographic problems in the program. Congress raised the FICA tax to 15.3% and the program started to run a surplus. That surplus amounts to over $2 trillion as of now.

However, under federal law, any program running a surplus had to invest it in government bonds. A special bond, the class E, is used for the Social Security surplus. All of the $2+ trillion has been spent and replaced by government IOU. I have been saying for years that the money is gone, and liberals and federal government lovers have been telling me I'm wrong. This proves it. The money is gone.

Baby boomers, you paid into SS at an elevate rate for most of your adult lives. You paid for your parents' benefits, and you prepaid for your own. You were stupid and you trusted government/politicians. They screwed you. You have nothing to show for all your hard work and high taxes except a $2 trillion IOU from some politicians.

Now let's all go out and lobby for more government, more taxes, more programs. Oh, and more politicians.
 Quoting: Anonymous Coward 1467630


THIS^^
Anonymous Coward
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07/14/2011 07:27 PM
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Re: Reid: No Social Security checks without debt deal
Are there bigger scumbags in the history of scumbags than reid, pelosi and obama????????

I mean, I thought clinton was a sleaze.........
 Quoting: Anonymous Coward 968649


I would LOVE to have Clinton right now instead of these M'fer's!!!!!! and I USED to hate clinton
Lord.Kalin

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07/14/2011 07:31 PM
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Re: Reid: No Social Security checks without debt deal
Are there bigger scumbags in the history of scumbags than reid, pelosi and obama????????

I mean, I thought clinton was a sleaze.........
 Quoting: Anonymous Coward 968649


I would LOVE to have Clinton right now instead of these M'fer's!!!!!! and I USED to hate clinton
 Quoting: Anonymous Coward 1245622


So did I and the Bushes too

they are all a bunch of pawns and Traitorous-Bastards!

It's become glaringly evident and clear more and more

especially ever since

Bush Senior's Sept 11, 1991 "New World Order" Speech

damned



Last Edited by Lord.Kayle on 07/14/2011 07:32 PM
:LordKayleSig4:
- "Your best investment is ammo, because it's going to weird quickly." - AC 1196210

- "Rebellion to Tyrants is Obedience to God" - Thomas Jefferson's Personal Seal
Anonymous Coward
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07/14/2011 07:31 PM
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Re: Reid: No Social Security checks without debt deal
Wouldn't it be wonderful if our Congress would join us in the solidarity of the loss of Social Security, etc. by refusing any paycheck or monetary income if our Gov't. defaults?

How about a rolling blackout of paychecks? We could start with SS for a week, then cut Congress with no pay for a week, then Medicaid, then the Pentagon, etc.

However, even this, would be wasted because this charade is all an 11th hour 'dog and pony' show to scare and rile up the sheep while jockeying for political leverage in Washington.
moondust

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07/14/2011 07:34 PM
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Re: Reid: No Social Security checks without debt deal
Bush Senior's Sept 11, 1991 "New World Order" Speech

damned
 Quoting: Lord.Kalin


wtf Wonder if that was in light of the pressure to sign with the UN on Agenda 21...because he didn't....but he did try to hear from the american people so....idk. but I'll go look that up because now I'm curious.

ETA:
oh, yup. That's no good. Sounds like he was trying to test the waters with that speech.



Last Edited by moondust on 07/14/2011 07:38 PM
"But don't you think it's better for a girl to be preoccupied with sex than occupied?" -The Moon Is Blue(1953)
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Anonymous Coward
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07/14/2011 07:37 PM
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Re: Reid: No Social Security checks without debt deal
THESE FEARMONGERING TRAITORS NEED TO BE TRIED FOR TREASON!!!
 Quoting: Anonymous Coward 1282080




 Quoting: Anonymous Coward 1424606


If there is no money for social security..it means they have stolen it.

If we don't become outraged, what will they do next? - Ron Paul
Anonymous Coward
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07/14/2011 07:40 PM
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Re: Reid: No Social Security checks without debt deal
Echoing President Barack Obama's warning, Senate Majority Leader Harry Reid says Social Security payments would stop if there is no deal to raise the government's borrowing limit by Aug. 2.

Speaking on the Senate floor, the Nevada Democrat said flatly that payments for veterans benefits and the military, as well as Social Security, would cease if the government defaults on its obligations

more [link to www.cnsnews.com]
 Quoting: Anonymous Coward 1464776


Sound like extortion to me... They should be handcuff and hauled off to Prison....
 Quoting: NoSilence


The ones that should be in handcuffs is the few republicans are completely worng in holding the country hostage so the rich don't have to pay taxes. 80% of us think the rich should pay more and cut stupid tax breaks and end the bs.
Lord.Kalin

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07/14/2011 07:40 PM
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Re: Reid: No Social Security checks without debt deal
THESE FEARMONGERING TRAITORS NEED TO BE TRIED FOR TREASON!!!
 Quoting: Anonymous Coward 1282080




 Quoting: Anonymous Coward 1424606


If there is no money for social security..it means they have stolen it.

If we don't become outraged, what will they do next? - Ron Paul
 Quoting: Anonymous Coward 1003612


I am leaving the country then

...

getting ready to,

seriously thinking about it


:LordKayleSig4:
- "Your best investment is ammo, because it's going to weird quickly." - AC 1196210

- "Rebellion to Tyrants is Obedience to God" - Thomas Jefferson's Personal Seal
Anonymous Coward
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07/14/2011 07:42 PM
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Re: Reid: No Social Security checks without debt deal
But wait.... didn't al gore put all of the Social Security $$$ in a lock box?
Anonymous Coward
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07/14/2011 07:43 PM
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Re: Reid: No Social Security checks without debt deal
Reid, you cannot do that, you fing pussy........poop
Anonymous Coward
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07/14/2011 07:45 PM
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Re: Reid: No Social Security checks without debt deal
I would LOVE to have Clinton right now instead of these M'fer's!!!!!! and I USED to hate clinton-------------

You have to go back to R R's first term before Bush 1 got
his claws into him thru his neighbors son Hinkley.

Probably many in here were not of voting age back then--31 years ago---downhill from there.FYI Regan was said to be the first POTUS to dip into the S S fund.

And to the younger U S folks -thats also your money that is
missing.
Anonymous Coward
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07/14/2011 07:47 PM
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Re: Reid: No Social Security checks without debt deal
Show grandmother and her friends how to make a slingbow
ZOSIME

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07/14/2011 07:47 PM

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Re: Reid: No Social Security checks without debt deal
Echoing President Barack Obama's warning, Senate Majority Leader Harry Reid says Social Security payments would stop if there is no deal to raise the government's borrowing limit by Aug. 2.

Speaking on the Senate floor, the Nevada Democrat said flatly that payments for veterans benefits and the military, as well as Social Security, would cease if the government defaults on its obligations

more [link to www.cnsnews.com]
 Quoting: Anonymous Coward 1464776


This is just all a bunch of bull to get there way. They know that those against raising the debt limit and taxes can not let them cut off the social security checks and those against will have to buckel. What a joke.
This is our elected officials in power and playing a high stakes game. So is this a bluff. Makes me ill if we don't take back our country soon I don't know if we can stand another 4 years.
Anonymous Coward
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07/14/2011 07:48 PM
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Re: Reid: No Social Security checks without debt deal
How did people survive before social security and welfare? Not the ones who farmed, but those in the city. Were there other programs? Did they starve to death? Anybody know the death rate due to poverty back then? I'll Google it, but if anybody knows, it would be greatly appreciated.
 Quoting: Anonymous Coward 1380843


Yeah, if we all had the $$ we individually put into
the Social Security Retirement Program and had put it into savings or investments, we might have some of the $$ you are inferring we might be unjustly expecting. In the not too distant past, people went to "poor houses". There they were worked like modern day slaves and survival was the name of the game. People traded, bartered, and created wealth out of the sweat of their own making. Government interference was by design and now, again, this effort to foment civil unrest could be an effort to marshal in martial law. Obummer is working harder to realize a United Nations agenda, rather than preserving our United States. (imho)

Google Agenda 21 while you are at it...
Anonymous Coward
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07/14/2011 07:51 PM
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Re: Reid: No Social Security checks without debt deal
Echoing President Barack Obama's warning, Senate Majority Leader Harry Reid says Social Security payments would stop if there is no deal to raise the government's borrowing limit by Aug. 2.

Speaking on the Senate floor, the Nevada Democrat said flatly that payments for


***veterans benefits and the military, as well as Social Security***


, would cease if the government defaults on its obligations

more [link to www.cnsnews.com]
 Quoting: Anonymous Coward 1464776


Does anyone else see this as suicidal?....

Um... wow
TTX8K82

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07/14/2011 08:06 PM
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Re: Reid: No Social Security checks without debt deal
I want them do it. It will b interesting 2 watch.
moondust

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07/14/2011 08:10 PM
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Re: Reid: No Social Security checks without debt deal
I want them do it. It will b interesting 2 watch.
 Quoting: TTX8K82


This is true...Of course, that's if the government has the authority to let 100M checks bounce. If not, the money will have to come from somewhere else. I'm just wondering what would happen in the general population if they did withhold funds from SS/Vets/military pensions. It's curious indeed.
"But don't you think it's better for a girl to be preoccupied with sex than occupied?" -The Moon Is Blue(1953)
“Ninety-nine percent of who you are is invisible and untouchable.” ~Richard Buckminster Fuller
"Does koala bear poop smell like cough drops?" ~Tom Robbins (Jitterbug Perfume)
[link to www.mpp.org] medpot
:sleepz:
~**Ron Paul 2012**~
Nam Marine
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07/14/2011 08:13 PM
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Re: Reid: No Social Security checks without debt deal
Reid, Pislousy, and Obummer can ALL kiss my grits!butt
Libertaritard
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07/14/2011 08:14 PM
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Re: Reid: No Social Security checks without debt deal
Most senior citizens got more sand in thier shorts than these pansy ass muthafuckers. They ain't scared. Bring it you commie pricks. We'll eat you for dinner.
Anonymous Coward
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07/14/2011 08:24 PM
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Re: Reid: No Social Security checks without debt deal
The real reason is that for years they have had this plan to turn America into a giant theme-park called "RAMBO LAND".


Thats the reason for all thos violent movies, tv shows and video games.
TTX8K82

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07/14/2011 08:25 PM
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Re: Reid: No Social Security checks without debt deal
I want them do it. It will b interesting 2 watch.
 Quoting: TTX8K82


This is true...Of course, that's if the government has the authority to let 100M checks bounce. If not, the money will have to come from somewhere else. I'm just wondering what would happen in the general population if they did withhold funds from SS/Vets/military pensions. It's curious indeed.
 Quoting: moondust


I live on the NW corner of PHX, lots of retired folks - in the 200,000+ range, drug stores on every corner, more medical facilities than u can count - its a major industry here - watching the fall out will b a mind f...

I know a lot of people that will b hurt. There seems 2 b a attitude that seniors r worried and scared about all this - no, they r pissed off, we r a group that votes at a high rate. So I say "bring it".
Anonymous Coward
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07/14/2011 08:35 PM
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Re: Reid: No Social Security checks without debt deal
Echoing President Barack Obama's warning, Senate Majority Leader Harry Reid says Social Security payments would stop if there is no deal to raise the government's borrowing limit by Aug. 2.

Speaking on the Senate floor, the Nevada Democrat said flatly that payments for veterans benefits and the military, as well as Social Security, would cease if the government defaults on its obligations

more [link to www.cnsnews.com]
 Quoting: Anonymous Coward 1464776


Well now we know how much these supposed liberals care for the poor, weak, old, and downtrodden.

They're using these people as PAWNS to get their way. They know that if they announced "Without a debt deal, we're going to stop paying Halliburton for their war services" we'd all say "yahoo, let it ride."

So they're going to play a game of 'chicken' with people's lives. Utter and complete bankruptcy of the soul. That's your liberals for you.
Anonymous Coward
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07/14/2011 08:43 PM
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Re: Reid: No Social Security checks without debt deal
Echoing President Barack Obama's warning, Senate Majority Leader Harry Reid says Social Security payments would stop if there is no deal to raise the government's borrowing limit by Aug. 2.

Speaking on the Senate floor, the Nevada Democrat said flatly that payments for veterans benefits and the military, as well as Social Security, would cease if the government defaults on its obligations

more [link to www.cnsnews.com]
 Quoting: Anonymous Coward 1464776


Well now we know how much these supposed liberals care for the poor, weak, old, and downtrodden.

They're using these people as PAWNS to get their way. They know that if they announced "Without a debt deal, we're going to stop paying Halliburton for their war services" we'd all say "yahoo, let it ride."

So they're going to play a game of 'chicken' with people's lives. Utter and complete bankruptcy of the soul. That's your liberals for you.
 Quoting: Anonymous Coward 1299999


If this country continues on the way it has been the people will forget in a decade or so.

I smell a real change coming, a really big change.....
Anonymous Coward
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07/14/2011 08:45 PM
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Re: Reid: No Social Security checks without debt deal
So if they stop issuing checks then we can stop contributing to social security right?

rockon
 Quoting: Anonymous Coward 1277109

true
Anonymous Coward
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07/14/2011 08:50 PM
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Re: Reid: No Social Security checks without debt deal
Are there bigger scumbags in the history of scumbags than reid, pelosi and obama????????

I mean, I thought clinton was a sleaze.........
 Quoting: Anonymous Coward 968649


I would LOVE to have Clinton right now instead of these M'fer's!!!!!! and I USED to hate clinton
 Quoting: Anonymous Coward 1245622


So did I and the Bushes too

they are all a bunch of pawns and Traitorous-Bastards!

It's become glaringly evident and clear more and more

especially ever since

Bush Senior's Sept 11, 1991 "New World Order" Speech

damned


 Quoting: Lord.Kalin


No one since JFK as been worth a shit.
page8844
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07/14/2011 09:02 PM
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Re: Reid: No Social Security checks without debt deal
Echoing President Barack Obama's warning, Senate Majority Leader Harry Reid says Social Security payments would stop if there is no deal to raise the government's borrowing limit by Aug. 2.

Speaking on the Senate floor, the Nevada Democrat said flatly that payments for


***veterans benefits and the military, as well as Social Security***


, would cease if the government defaults on its obligations

more [link to www.cnsnews.com]
 Quoting: Anonymous Coward 1464776


Does anyone else see this as suicidal?....

Um... wow
 Quoting: Anonymous Coward 1030220


For the gov ? yes.
Lord.Kalin

User ID: 1295383
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07/14/2011 09:02 PM
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Re: Reid: No Social Security checks without debt deal
Are there bigger scumbags in the history of scumbags than reid, pelosi and obama????????

I mean, I thought clinton was a sleaze.........
 Quoting: Anonymous Coward 968649


I would LOVE to have Clinton right now instead of these M'fer's!!!!!! and I USED to hate clinton
 Quoting: Anonymous Coward 1245622


So did I and the Bushes too

they are all a bunch of pawns and Traitorous-Bastards!

It's become glaringly evident and clear more and more

especially ever since

Bush Senior's Sept 11, 1991 "New World Order" Speech

damned


 Quoting: Lord.Kalin


No one since JFK as been worth a shit.
 Quoting: Anonymous Coward 744051


yep, too true

and so that's why they killed him

and Lincoln too damned

:LordKayleSig4:
- "Your best investment is ammo, because it's going to weird quickly." - AC 1196210

- "Rebellion to Tyrants is Obedience to God" - Thomas Jefferson's Personal Seal
Anonymous Coward
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07/14/2011 09:03 PM
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Re: Reid: No Social Security checks without debt deal
This isn't all about old folks and the disabled. Think of all the businesses the will have to lay off/shut down if they do.

August 2, popcorn time.
Anonymous Coward
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United States
07/14/2011 09:09 PM
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Re: Reid: No Social Security checks without debt deal
Are there bigger scumbags in the history of scumbags than reid, pelosi and obama????????

I mean, I thought clinton was a sleaze.........
 Quoting: Anonymous Coward 968649


I would LOVE to have Clinton right now instead of these M'fer's!!!!!! and I USED to hate clinton
 Quoting: Anonymous Coward 1245622


So did I and the Bushes too

they are all a bunch of pawns and Traitorous-Bastards!

It's become glaringly evident and clear more and more

especially ever since

Bush Senior's Sept 11, 1991 "New World Order" Speech

damned


 Quoting: Lord.Kalin


No one since JFK as been worth a shit.
 Quoting: Anonymous Coward 744051


And He was assassinated right after He gave the "exposing secret societies" speech.

Like said above: "RAMBO LAND"


explosionmacgunabombangryexplosionTankexplosionlurk343abombrocketfuckoff2abombhelicopter
Lord.Kalin

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07/14/2011 09:14 PM
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Re: Reid: No Social Security checks without debt deal
...


I would LOVE to have Clinton right now instead of these M'fer's!!!!!! and I USED to hate clinton
 Quoting: Anonymous Coward 1245622


So did I and the Bushes too

they are all a bunch of pawns and Traitorous-Bastards!

It's become glaringly evident and clear more and more

especially ever since

Bush Senior's Sept 11, 1991 "New World Order" Speech

damned


 Quoting: Lord.Kalin


No one since JFK as been worth a shit.
 Quoting: Anonymous Coward 744051


And He was assassinated right after He gave the "exposing secret societies" speech.

Like said above: "RAMBO LAND"


explosionmacgunabombangryexplosionTankexplosionlurk343abombrocketfuckoff2abombhelicopter
 Quoting: Anonymous Coward 1030220


Evidently they are pushing me towards that direction too

but I am NOT afraid to die

That's one thing Fur-Fucking-Certain!~ lmao

So Go Ahead N Bring it MOFO'S


macgun

Last Edited by Lord.Kayle on 07/14/2011 09:15 PM
:LordKayleSig4:
- "Your best investment is ammo, because it's going to weird quickly." - AC 1196210

- "Rebellion to Tyrants is Obedience to God" - Thomas Jefferson's Personal Seal

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