Obama ‘cannot guarantee’ benefits checks will be paid if debt deal isn’t reached

[tntrex]

He's doing it because when they scare the old folks it usually works... puke

 

[Biggsly]

He's doing it because when they scare the old folks it usually works... puke

Yep. Grandma is going to have to eat dog food unless King Obama gets his stash money.

 

[steelhorse]

If we are about to default on loans we just need to sell off some of that gold we've been hoarding at Ft. Knox. There is no need for anyone to pay more taxes. Congress needs to control their irradic spending.

From what I understand there has not been any gold at Fort Knox in decades! A little scary isn't it? From the little knowlege that I have about economics, there has to be liquid assets, such as gold, to back up every dollar that we print or it leads to inflation.

I believe that S.S. is a big ponzi/pyramid scheme. Why not just let us keep more of our own money, instead of paying social security, and invest it how we see fit?

 

[rawhide]

Your money is much safer with the Uncle than with Wall Street.

With Wall Street I have a choice. With Uncle I do not. I prefer the choice.

 

[Glocktogo]

Guess he's the Blackmailer in Chief now as well.

 

[MLRyan]

From what I understand there has not been any gold at Fort Knox in decades! A little scary isn't it? From the little knowlege that I have about economics, there has to be liquid assets, such as gold, to back up every dollar that we print or it leads to inflation.

I believe that S.S. is a big ponzi/pyramid scheme. Why not just let us keep more of our own money, instead of paying social security, and invest it how we see fit?

Yeah, we've been off the gold standard for decades while printing money with no backing.

 

[KOPBET]

With Wall Street I have a choice. With Uncle I do not. I prefer the choice.

That was sarcasm in my post by the way...

 

[Mgarza_a]

I was under the impression that Obama could not guarantee anything. Isn't that why he's a politician?

 

[Edgar Derby]

Guess he's the Blackmailer in Chief now as well.

Well said.

 

[Digger]

The republican's need to stay put and force a balanced budget! No more spending, just cutting in order to balance the budget! By the way, it wasn't long ago that Obama said the Social Security Fund was Solvent didn't he?