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Official Lies

Craigskeet Wrote: Feb 02, 2013 1:29 AM
The goose hasn't been in the oven long enough this time!!! Last time, 25 years of the Great Society from 1964 on culminated in Reagan's election. This goose has been cooking for only 4 years . . . give it another four under this president, and we'll be ready for a Republican president, and it won't matter whether he's white, black, brown, or purple. I'd install Williams or Sowell in the White House tomorrow, if I could wave the magic wand!

Let's expose presidential prevarication. Earlier this year, President Barack Obama warned that Social Security checks will be delayed if Congress fails to increase the government's borrowing authority by raising the debt ceiling. However, there's an issue with this warning. According to the 2012 Social Security trustees report, assets in Social Security's trust funds totaled $2.7 trillion, and Social Security expenditures totaled $773 billion. Therefore, regardless of what Congress does about the debt limit, Social Security recipients are guaranteed their checks. Just take the money from the $2.7 trillion assets held in trust.

Which is the lie, Social Security checks must be...