In response to:

Official Lies

rebmort Wrote: Jan 30, 2013 9:55 AM
Is Social Security a government welfare program or an entitlement?? I thought that was my money.
Daniel982 Wrote: Jan 30, 2013 9:59 AM
It's a ponzi scheme perpetrated at gunpoint.
Doug5049 Wrote: Jan 30, 2013 10:01 AM
tibby2 Wrote: Jan 30, 2013 10:20 AM
Yes. But it is a legal ponzi scheme. Government writes the rules to say what is and is not legal.

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...