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Official Lies

Scrap Iron in Texas Wrote: Jan 30, 2013 6:26 AM
From the article, "The true tragedy is that just to acknowledge that fact is political suicide,..." Yes, it is political suicide. And that's why we need congressmen to have to courage to enact changes which they know will cause them to lose the next election. However, if these changes can be made early enough in their term, then maybe, just maybe, the positive results will be known before they are up for re-election. Maybe the average voter will see that they did what was necessary for the nation to survuve.

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...