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Official Lies

Dan 292 Wrote: Jan 30, 2013 8:35 AM
Washington, in general, is a culture of cash. The more that comes in, the more they can siphon off the top. The longer they are there, the more proficient they become at it. The answer is term limits. The monkey wrench in the mix is that they are the ones who would necessarily write the bill and vote for it. That will never happen, for obvious reasons. What is the alternative? What will the Constitution allow "We The People" to do in such a situation?

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...