This week BO/BS used CBS to deliver a threat to the Republicans. He told CBS in an interview that he couldn't guarantee that Social Security checks or military checks would go out without a deal to borrow more money by August 3, 2011. Not only is it BS and fear mongering, it is also a complete lie.
First, the truth is that Fed revenues for this year will be $2.17 Trillion and interest payments are $205 Billion. Now I'm not a Harvard Law grad, but I know that leaves $1.9 Trillion for Congress to spend. Social Security is $741 Billion with Medicare @ $488 Billion. Again, not a Harvard Law grad, but that = $1.2 Trillion which unless you went to MCS, is less than $1.9 Trillion. If the Treasury Dept chooses to pay the EPA, HHS, Treasury, Energy, Interior and Education instead of Social Security, then place blame where it rightly belongs on BO/BS. Also remember, that it's the Hellcare Bill that cuts $500 Billion from Medicare.
These facts underscore the reality, that the federal government is tooo big. The DemonRats have added over $5 Trillion to the National Debt in 3 years. Their only plan is to scare the elderly so they can stay in power. Again, Economic Terrorism.
Paul Ryan and the Republicans have a plan to save Social Security and Medicare w/o affecting the current recipients. But what is the DemonRats plan? They have none. They haven't even proposed a budget in 2 years. I am in my 40's. I am under no illusions that all the money that I've paid into Social Security will be there when I retire.
Here's a video where the Social Security chief actuary confirms that if Social Security checks are withheld on August 3, 2011 as BO/BS is threatening, the decision would be made by the Treasury Dept i.e. BO/BS.
It's the same old playbook from the DemonRats. Call their bluff. We, the American People, are awake and watching. We can't afford the out of control spending of the DemonRats. They must be stopped. Hold fast Speaker Boehner, Mr. Cantor and the rest of the elected Republicans in D.C. We'll be sending reinforcements next year.
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Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts
Thursday, July 14, 2011
Friday, June 24, 2011
Steve Cohen; The History Buff?
On the floor of the House this week, Mr. Cohen calls himself a “history buff”.
Just last week, he got history wrong when he said that it was the Democrats during the Clinton administration that balanced the budget. For those of you that may have forgotten ~like Mr. Cohen~ the Republicans controlled both the House and Senate during the last 6 years of the Clinton administration. Since it’s Congress who controls the purse strings of the federal government; it was the Republicans who balanced the budget and Clinton took credit for it. Clinton also signed welfare reform. But I digress.
Mr. Cohen also praises Medicare as a great program. Medicare is such a successful program, that there is a whole segment of the insurance industry called Med Sup plans; it’s become increasingly harder for Medicare patients to find doctors who take Medicare because of the reimbursement rates for doctors; and Hellcare cut $500 Billion from Medicare to keep it under the low, low price tag of $1 Trillion ~which we’re finding out more and more that it isn’t true~. Color me surprised! A government program that costs more than projected.
Mr. Cohen cites Social Security as “one of the great social advances of the 20th century”. Maybe because he’s such a “history buff” he doesn’t know that Social Security is about to go broke and American’s my age won’t see a dime of it.
Mr. Cohen says he doesn’t want Nixon to only be remembered for Watergate; he should also be remembered for Clean Water which is the “signature achievement” of his presidency. How magnanimous of you, Mr. Cohen. The environmentalists have regulated industries ~along with unions and high taxes~ out of business. Look at how the EPA is using the "Clean Water Act" to suspend 79 mining permits in West Virgina, Ohio, Kentucky and Tennessee.
Last week he accused Republicans of not doing anything about jobs. What Mr. Cohen means is that the Republicans don’t see government spending as the way to create jobs. Like the last “stimulus” did so well.
Again, surprise, surprise! The way to create jobs is to cut taxes and regulations on businesses.
Mr. Cohen, quit spending my children and grandchildren's money. And brushing up on some history wouldn't do you any harm either.
Just last week, he got history wrong when he said that it was the Democrats during the Clinton administration that balanced the budget. For those of you that may have forgotten ~like Mr. Cohen~ the Republicans controlled both the House and Senate during the last 6 years of the Clinton administration. Since it’s Congress who controls the purse strings of the federal government; it was the Republicans who balanced the budget and Clinton took credit for it. Clinton also signed welfare reform. But I digress.
Mr. Cohen also praises Medicare as a great program. Medicare is such a successful program, that there is a whole segment of the insurance industry called Med Sup plans; it’s become increasingly harder for Medicare patients to find doctors who take Medicare because of the reimbursement rates for doctors; and Hellcare cut $500 Billion from Medicare to keep it under the low, low price tag of $1 Trillion ~which we’re finding out more and more that it isn’t true~. Color me surprised! A government program that costs more than projected.
Mr. Cohen cites Social Security as “one of the great social advances of the 20th century”. Maybe because he’s such a “history buff” he doesn’t know that Social Security is about to go broke and American’s my age won’t see a dime of it.
Mr. Cohen says he doesn’t want Nixon to only be remembered for Watergate; he should also be remembered for Clean Water which is the “signature achievement” of his presidency. How magnanimous of you, Mr. Cohen. The environmentalists have regulated industries ~along with unions and high taxes~ out of business. Look at how the EPA is using the "Clean Water Act" to suspend 79 mining permits in West Virgina, Ohio, Kentucky and Tennessee.
Last week he accused Republicans of not doing anything about jobs. What Mr. Cohen means is that the Republicans don’t see government spending as the way to create jobs. Like the last “stimulus” did so well.
Again, surprise, surprise! The way to create jobs is to cut taxes and regulations on businesses.
Mr. Cohen, quit spending my children and grandchildren's money. And brushing up on some history wouldn't do you any harm either.
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