In response to:

Official Lies

TxDoc Wrote: Jan 30, 2013 8:24 AM
"...our nation is rapidly approaching our last chance to do something about runaway government..." With all due respect, Dr. Williams, I think that the "last chance" occurred long in the past. Like characters in a cartoon, we are sitting on a powderkeg watching the fuse burn. And make no mistake - there is NO political will in either political party to remedy any aspect of Titanic government.

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...