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Obama Says Social Security Checks Next To Go

 
Knowbody Special

User ID: 3753361
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10/06/2013 03:42 AM
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Re: Obama Says Social Security Checks Next To Go
he can suck a nut


Q: Would seniors continue to get Social Security benefits?

Yes. Social Security is a mandatory spending program, and the people who send those checks would continue to work under a legal doctrine called "necessary implication.
[link to www.usatoday.com]
 Quoting: Phennommennonn


You Sure About That?

Thread: Financial Analyst Warns U.S. Debt Default Would Trigger A Great Depression. No Social Security Payments.

spock
PhennommennonnModerator
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10/06/2013 03:44 AM

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Re: Obama Says Social Security Checks Next To Go
he can suck a nut


Q: Would seniors continue to get Social Security benefits?

Yes. Social Security is a mandatory spending program, and the people who send those checks would continue to work under a legal doctrine called "necessary implication.
[link to www.usatoday.com]
 Quoting: Phennommennonn


You Sure About That?

Thread: Financial Analyst Warns U.S. Debt Default Would Trigger A Great Depression. No Social Security Payments.

spock
 Quoting: Knowbody Special


look anythings possible with these crooks & liars but SS is supposed to be protected - keyword "supposed"
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The Queen Of Mean / VENOMmennonn

*Dont fuck with me; ill jump on my menstrual cycle & run your ass over ;)
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The universe responds NOT to what you want.....it responds to what you are being.......are you being what you want?
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the karma cafe has no menus. you get served what you deserve
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political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

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Knowbody Special

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10/06/2013 03:46 AM
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Re: Obama Says Social Security Checks Next To Go
he can suck a nut


Q: Would seniors continue to get Social Security benefits?

Yes. Social Security is a mandatory spending program, and the people who send those checks would continue to work under a legal doctrine called "necessary implication.
[link to www.usatoday.com]
 Quoting: Phennommennonn


You Sure About That?

Thread: Financial Analyst Warns U.S. Debt Default Would Trigger A Great Depression. No Social Security Payments.

spock
 Quoting: Knowbody Special


look anythings possible with these crooks & liars but SS is supposed to be protected - keyword "supposed"
 Quoting: Phennommennonn


I hope you are correct... we'll all find out soon enough as it plays out.

hiding
Anonymous Coward
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10/06/2013 03:47 AM
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Re: Obama Says Social Security Checks Next To Go
O plays that thump and the People will pull out the Joker... the wildcard... and thump him.
Anonymous Coward
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10/06/2013 03:56 AM
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Re: Obama Says Social Security Checks Next To Go
Idiot. Social Security is paid by every worker. The money "ain't" Alfred E. Newman's right to take or control.

He starting to go from a "little child" to delusional.

If this keeps up he might find himself and wifey sitting alone in the white house.
Anonymous Coward
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10/06/2013 03:57 AM
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Re: Obama Says Social Security Checks Next To Go
Idiot. Social Security is paid by every worker. The money "ain't" Alfred E. Newman's to take or control.

He starting to go from a "little child" to delusional.

If this keeps up he might find himself and wifey sitting alone in the white house.
PhennommennonnModerator
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10/06/2013 03:58 AM

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Re: Obama Says Social Security Checks Next To Go
from 2011 - this shouldnt be an issue...hes got a poker face on. call out the fuckin bluff.

What Happened to the $2.6 Trillion Social Security Trust Fund?

Here’s why: Social Security has a trust fund, and that trust fund is supposed to have $2.6 trillion in it, according to the Social Security trustees. If there are real assets in the trust fund, then Social Security can mail the checks, regardless of what Congress does about the debt limit.

President Obama’s budget director, Jack Lew, explained all this last February in USA Today:

“Social Security benefits are entirely self-financing. They are paid for with payroll taxes collected from workers and their employers throughout their careers. These taxes are placed in a trust fund dedicated to paying benefits owed to current and future beneficiaries. … Even though Social Security began collecting less in taxes than it paid in benefits in 2010, the trust fund will continue to accrue interest and grow until 2025, and will have adequate resources to pay full benefits for the next 26 years.”

Notice that Lew said nothing about raising the debt ceiling, which was already looming, and it shouldn’t matter anyway because Social Security is “entirely self-financing” and off budget. What could be clearer?

[link to www.forbes.com]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The Queen Of Mean / VENOMmennonn

*Dont fuck with me; ill jump on my menstrual cycle & run your ass over ;)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Every closed eye is not sleeping, and every open eye is not seeing
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The universe responds NOT to what you want.....it responds to what you are being.......are you being what you want?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
the karma cafe has no menus. you get served what you deserve
~~~~~~~~~~~~~~~~~~~~~~~~~~~~

political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Visit The Official GLP Store
[link to www.cafepress.com]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Subscribe to TheRawFeedLive On YouTube
[link to youtube.com]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Become a member & subscribe to the GLPVC Podcast
[link to members.therawfeedlive.com]
GLPVCpod9
wow
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10/06/2013 04:05 AM
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Re: Obama Says Social Security Checks Next To Go
Early Thursday morning, Potomac Research Group analyst Greg Valliere predicted that if the debt-ceiling deadline grew closer, President Barack Obama would play his "trump card" in the debate. He would remind seniors that if Congress doesn't raise the debt ceiling, seniors wouldn't get their Social Security checks.

"GOP strategists like Karl Rove surely know that it's just a matter of time before President Obama throws a game-changer — warning senior citizens that their Social Security checks won't be mailed because of John Boehner," Valliere wrote in a note to clients.

A few hours later, Obama did just that during a speech at M. Luis Construction Company in Rockville, Md. He spent much of the speech warning that while the ongoing government shutdown was damaging, failure to raise the debt ceiling by an Oct. 17 deadline would be even worse.

"In a government shutdown, Social Security checks still go out on time. In an economic shutdown — if we don't raise the debt ceiling — they don't go out on time," Obama said. "In a government shutdown, disability benefits still arrive on time. In an economic shutdown, they don't."

Earlier on Thursday, the Treasury Department warned in a big report that breaching the debt ceiling could inflict economic calamity "more severe than any seen since the Great Depression."

"The United States has never defaulted on its obligations, and the U.S. dollar and Treasury securities are at the center of the international financial system," the report said.

"A default would be unprecedented and has the potential to be catastrophic: credit markets could freeze, the value of the dollar could plummet, U.S. interest rates could skyrocket, the negative spillovers could reverberate around the world, and there might be a financial crisis and recession that could echo the events of 2008 or worse."

The Treasury says that the debt ceiling needs to be raised by Oct. 17 to avoid potential default on some U.S. obligations. After that date, the Treasury would have only approximately $30 billion to meet all of its commitments. On some days, expenditures can go as high as $60 billion.

Obama says that he won't negotiate over raising the debt ceiling, calling it Congress' responsibility. House Republicans, meanwhile, have looked to extract some kind of concession out of Obama in exchange for a debt-ceiling hike.

Read more: [link to www.businessinsider.com]

How many elderly do you know who heavily rely on their social security checks to get them by. Seems like Barry is trying to back people into a corner.
 Quoting: conspiracyorreality


But...Immigrants and Illegals can still use their EBT cards
and receive 100 percent of their assistance.

THE NEW NORM
Anonymous Coward
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10/06/2013 04:16 AM
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Re: Obama Says Social Security Checks Next To Go
Only a psycho would call the threat to shut down SS payments a "trump card." This clown is really going to fuck people out of the social security they paid into? It's bad enough the money is already stolen from our paychecks. What an asshole!
Anonymous Coward
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10/06/2013 04:31 AM
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Re: Obama Says Social Security Checks Next To Go
The United States government borrowed from the Trust which has a trustee that oversees the Trust account which is not part of the government, they owe the Trust a lot of money, if they try anything everyone who has money in the trust that is young workers to, can get en-touch with a lawyer from their state to inform the Trustees to call the loans!


See, young and older Americans are in this together, I believe some foreign workers have money in the Trust, too!

Sometime learning a few things they don't want you to know is a checkmate!
Hypertiger

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10/06/2013 04:33 AM
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Re: Obama Says Social Security Checks Next To Go
Is that how Americans think...that in order to get what the people want.

their checks...they have to be cut off from their checks to get them?

Is that what the tea party want?

The debt celling has to be raised just to roll over the existing debt.

just to sustain the debt it has to inflate...or you default.

so the debt celling has to be raised.

and the FED will be forced to increase their...operations.

or it's the end...basically there is no escape.

one way or the other the logical conclusion of the reasonable assumption is going to be reached.

a collapse of some sort is close.
Anonymous Coward
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10/06/2013 04:40 AM
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Re: Obama Says Social Security Checks Next To Go
Suffice to say: Any federal government benefit should be viewed in the short term. And maybe the State needs to provide those Social Security dollars to its own retired work force.
 Quoting: Vahidavid


You dont get it do you asshole? SS is paid in by the recipent during his/her 's working life, like a bank account and accumulates interest also, IT's NOT a federal "benefit" it's a fucking LOAN to the fucking government by the people,to be paid back when they retire.
Stupid asshole punk kid! piece of trash shit!!
LindsayLohansCokeBoog​er

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10/06/2013 05:33 AM
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Re: Obama Says Social Security Checks Next To Go
My mother gets social security as well, she informed me that she and a few of her neighbors were asked to come into SS office.
They wanted proof of her identity as well as proof of her residence.
Strange requests as she has never had problems nor any changes in years.whatever
"You snorted all my boog shug!" Steve-O
Hitokiri

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10/06/2013 05:43 AM

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Re: Obama Says Social Security Checks Next To Go
Funny how he'll take money away from people who paid into the system but won't dare touch welfare... Doesn't want to piss off his followers I guess.
"You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it." -Morpheus
Anonymous Coward
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10/06/2013 05:52 AM
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Re: Obama Says Social Security Checks Next To Go
he can suck a nut


Q: Would seniors continue to get Social Security benefits?

Yes. Social Security is a mandatory spending program, and the people who send those checks would continue to work under a legal doctrine called "necessary implication.
[link to www.usatoday.com]
 Quoting: Phennommennonn


Phenom - What about where Obama says that "an economic shutdown WOULD stop SS payments?" (versus a government shutdown)
Anonymous Coward
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10/06/2013 06:33 AM
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Re: Obama Says Social Security Checks Next To Go
some of us on social security will probably still get our checks ; )
PhennommennonnModerator
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10/06/2013 06:39 AM

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Re: Obama Says Social Security Checks Next To Go
he can suck a nut


Q: Would seniors continue to get Social Security benefits?

Yes. Social Security is a mandatory spending program, and the people who send those checks would continue to work under a legal doctrine called "necessary implication.
[link to www.usatoday.com]
 Quoting: Phennommennonn


Phenom - What about where Obama says that "an economic shutdown WOULD stop SS payments?" (versus a government shutdown)
 Quoting: Anonymous Coward 15744643

economic shutdown??? you must mean economic collapse--

if we default on the 17 of oct - and the banks shut down - we have an economic collapse - the financial infrastructure would be toast

so yeah...temporarily til they clean up that mess - the ppl would be benefitless

Last Edited by Phennommennonn on 10/06/2013 06:39 AM
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The Queen Of Mean / VENOMmennonn

*Dont fuck with me; ill jump on my menstrual cycle & run your ass over ;)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Every closed eye is not sleeping, and every open eye is not seeing
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The universe responds NOT to what you want.....it responds to what you are being.......are you being what you want?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
the karma cafe has no menus. you get served what you deserve
~~~~~~~~~~~~~~~~~~~~~~~~~~~~

political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Visit The Official GLP Store
[link to www.cafepress.com]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Subscribe to TheRawFeedLive On YouTube
[link to youtube.com]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Become a member & subscribe to the GLPVC Podcast
[link to members.therawfeedlive.com]
GLPVCpod9
ella

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10/06/2013 06:57 AM

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Re: Obama Says Social Security Checks Next To Go
Obama under estimates seniors. He should take note how the WWII Vets handled his bullying.

Obama is a prick and he is on thin ice
Anonymous Coward
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10/06/2013 06:58 AM
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Re: Obama Says Social Security Checks Next To Go
First of all there are no Social Security "checks." It is all direct deposited or placed on a debit card. Second a huge percentage of those on SS never worked a day in their life but feel they are entitled to it. This includes women who never worked and those minors who lost a parent. Third it is not "your money". It is and always has been funded by those who are WORKING. Most people who have actually worked get back everything they put in within 4 years of when they start collecting. The system is an unsustainable Ponzi scheme that was funded mostly by the baby boomers but there are not enough people behind them making enough money to keep it going now.
Nam Marine
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10/06/2013 07:15 AM
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Re: Obama Says Social Security Checks Next To Go
yousuck
Brocker

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10/06/2013 07:15 AM
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Re: Obama Says Social Security Checks Next To Go
Let's cut the welfare checks first and see what happens...
Anonymous Coward
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10/06/2013 07:22 AM
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Re: Obama Says Social Security Checks Next To Go
I always resented paying into soc. sec. I quit my job and moved over here and now I do not worry about it. I am done paying into these corrupt schemes.
Northman

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10/06/2013 07:26 AM

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Re: Obama Says Social Security Checks Next To Go
When you learn who controls the treasury you'll understand that the elderly have nothing to fear.
Let Freedom Ring 365

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10/06/2013 07:33 AM

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Re: Obama Says Social Security Checks Next To Go
he doesn't like old people does he?chuckle
 Quoting: Anonymous Coward 882089


He doesn't like people period.
 Quoting: conspiracyorreality


Only if they r gay muzzles.....

Last Edited by Let Freedom Ring 365 on 10/06/2013 07:34 AM
You are the creator of your own master plan... Make it a good one.
Anonymous Coward
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10/06/2013 07:34 AM
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Re: Obama Says Social Security Checks Next To Go
he can suck a nut


Q: Would seniors continue to get Social Security benefits?

Yes. Social Security is a mandatory spending program, and the people who send those checks would continue to work under a legal doctrine called "necessary implication.
[link to www.usatoday.com]
 Quoting: Phennommennonn


DO NOT BUY THIS PROPAGANDA THAT SOCIAL SECURITY IS MANDATORY. CNN IS PUTTING OUT THE SAME RUBBISH.

Social Security is *not* mandatory funding, that fact is extremely covered up, and already on the law books. Besides the congress will fuck the citizens at just the right time at a moments notice.

Do NOT trust them to keep paying it. This is the real objective to bring in a police state into the United States, crash the US dollar to bring in a world currency.
Anonymous Coward
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10/06/2013 07:36 AM
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Re: Obama Says Social Security Checks Next To Go
This man knowingly, or unknowingly, is literally fulfilling Bible prophecy regarding the antichrist. Is he the one?
 Quoting: Troubled Waters...


Hello TW

hf

He certainly is a key player in end times prophecy isn't he.

He is "an antichrist" but THE antichrist

:brusifhei:

.. I feel like we will know exactly who he is very soon.

God Bless my sister :)
 Quoting: conspiracyorreality

We haven't seen the Antichrist yet!
When that time comes (it's approaching very fast), Obama will definitely look like a puppy.
I am talking from WW2 experience (I am 89).
Anonymous Coward
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10/06/2013 07:38 AM
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Re: Obama Says Social Security Checks Next To Go
Social Security IS GOING TO GET CUT.

Please I cannot stress this enough, unless you already have fled the country with your assets, you will loose financially without warning.

These cuntz will do the same thing that the government of Cyprus did - bail in mandatory programs. You'll get up one day and your assets will be taken / frozen to pay for a financial crises - BECAUSE THE US GOVERNMENT DEFAULTED ON THEIR DEBT.

They are going to do this BY DESIGN PEOPLE. How else do you think they are going to build a massive police state.

People I cannot stress it more, if you are dependent on Social Security as tight as your money is you *have* to make preparations to go off of it.
plato
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10/06/2013 07:38 AM
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Re: Obama Says Social Security Checks Next To Go
Technically we have defaulted before.....right after the revolution.
Anonymous Coward
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10/06/2013 07:40 AM
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Re: Obama Says Social Security Checks Next To Go
Oh Obama's followers and those on Social Security are going to get to see Obama's true side soon enough - and when they do it will be military armed personnel with weapons drawn.

And they won't think twice to shoot rioters and looters. This day is coming to America, this day will come to the entire world.
tarotsfool

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10/06/2013 07:41 AM
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Re: Obama Says Social Security Checks Next To Go
Probably got just as many deadbeats on SS now as old folks.
 Quoting: Anonymous Coward 46348647


You probably think of deadbeat/disabled being one and the same?
 Quoting: conspiracyorreality


I know there are disabled people who rely on SSI, I also know deadbeats who play the system to get free housing, food stamps, health care, and SSI.

So yeah, there are deadbeats too. And they should be weeded out.

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