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Obama proposes expanding Social Security benefits while the program careens toward insolvency
American Thinker ^ | 2 Jun, 2016 | Rick Moran

Posted on 06/02/2016 7:03:14 PM PDT by MtnClimber

For more than 20 years, the Government Accountability Office has been warning that the varioius Social Security funds would go broke in a matter of decades unless something is done to shore up the program.

Unfortunately, there are limited options when trying to address this crisis. You can employ a combination of raising the retirement age and/or increase the FICA tax. Other than that, you're rearranging chairs on the deck of the Titanic.

But President Obama – who is fully aware of the threat of insolvency – is now proposing that Social Security benefits be increased and wants the "rich" to pay for it.

The smartest guy in the room, right?

(Excerpt) Read more at americanthinker.com ...


TOPICS: Society
KEYWORDS: bho44; cloward; freetrade; globalism; piven; rich; socialsecurity; ssi; taxandspend; wages
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1 posted on 06/02/2016 7:03:14 PM PDT by MtnClimber
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To: MtnClimber

Gotta hurry and get those ‘new immigrants’ on the payroll; it’s only fair, you know...


2 posted on 06/02/2016 7:05:58 PM PDT by choctaw man (Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
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To: MtnClimber

When are people going to stop listening to him as he approaches the end of his Dicktatorship?


3 posted on 06/02/2016 7:08:44 PM PDT by Paladin2 (Live Free or Die.)
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To: MtnClimber
Straight from Cloward-Piven strategy of orchestrated crisis to destroy capitalism by overloading the system with entitlement burden. Then a communist society can be built on the rubble. Also Saul Alynsky who instructed leftists (Rules for Radicals) to look like the establishment, not say what they intend to do and then destroy the current system from inside government. Alinsky believed the people would not let go of the current system ( I dislike the marxist term capitalism and prefer free market) and in their deepest despair will grasp onto communism.

0bama is a believer in both of these similar ideologies and seems to be pushing it forwatd.

4 posted on 06/02/2016 7:10:43 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

Too much bong resin clouds thinking...I think.


5 posted on 06/02/2016 7:14:06 PM PDT by choctaw man (Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
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To: MtnClimber

Obama proposes expanding Social Security benefits to the World


6 posted on 06/02/2016 7:16:07 PM PDT by butlerweave
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To: MtnClimber

Bingo.


7 posted on 06/02/2016 7:16:33 PM PDT by RushIsMyTeddyBear (<<<<<<< he no longer IS my 'teddy bear'.)
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To: MtnClimber

Republicans will be blamed either way; either they aren’t increasing granny’s monthly stipend because they don’t care about her or they’re responsible for bankrupting SS.


8 posted on 06/02/2016 7:22:55 PM PDT by Roos_Girl (The world is full of educated derelicts. - Calvin Coolidge)
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To: MtnClimber

CLOWARD-PIVEN

CLOWARD-PIVEN

CLOWARD-PIVEN


9 posted on 06/02/2016 7:32:45 PM PDT by originalbuckeye ("In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell)
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To: MtnClimber

Right....no COLA increases for 4 years...and the last increase, I netted $1 a month as they increased Medicare Part B. Yeh...he cares about older folks...


10 posted on 06/02/2016 7:34:29 PM PDT by Sacajaweau
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To: MtnClimber

I is the $10 trillion man


11 posted on 06/02/2016 7:57:31 PM PDT by PGR88
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To: choctaw man
Gotta hurry and get those ‘new immigrants’ on the payroll; it’s only fair, you know...

These 'new immigrants' are necessary to replace the workers who should have been coming of age, entering the work force, making products, paying taxes, and supporting their forbears in Old Age and Survivors Insurance--except we allowed their mothers to have them slaughtered in the belly.

12 posted on 06/02/2016 8:06:54 PM PDT by imardmd1 (Fiat Lux)
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To: MtnClimber

But the socialist regulators and other administrators with monstrous salaries from federal pork will object.


13 posted on 06/02/2016 8:21:11 PM PDT by familyop ("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
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To: MtnClimber

Cloward-Piven Strategy is just now hitting its full stride. As our descent steepens toward the abyss, ever more momentum will be applied until we utterly collapse.


14 posted on 06/02/2016 8:30:18 PM PDT by Always A Marine
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To: MtnClimber
If I recall correctly several years ago Social Security started paying out more than it took in. It has no real assets. So it has been broke for some time...just creating “money” out of thin air.

This Ponzi scheme will fall apart soon unless the federal government finds a new way to rob the people.

15 posted on 06/02/2016 9:12:20 PM PDT by DakotaGator (Weep for the lost Republic! And keep your powder dry!!)
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To: MtnClimber
God how I wish America would realize Obie's goal is/was to ruin the United States:

Waste or give away as much of the treasury as possible.

Neuter the armed forces.

Ruin industry.

Undermine religion.

Subvert the constitution.

Stand social norms on their head.

Foment as much racial anger as possible. I could go on...

He hates the country. What sort of traitors would sign on with him in his administration and in the military to allow all of this to occur ? How could Congress allow this to proceed?

16 posted on 06/02/2016 10:02:52 PM PDT by chiller (One from the Right - One for the Fight)
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To: MtnClimber

Of course, his proposal is designed to solicit comments which would allow charges to be made that R’s want to cut SS. ....except Donald hasn’t fallen for it.


17 posted on 06/02/2016 10:05:24 PM PDT by chiller (One from the Right - One for the Fight)
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To: MtnClimber

Why not discontinue the federal income tax levied on SS? That would make more sense.


18 posted on 06/02/2016 10:46:52 PM PDT by 353FMG
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To: MtnClimber

Barack Obama, financial wizard


19 posted on 06/03/2016 3:12:28 AM PDT by Artie (We are surrounded by MORONS)
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To: MtnClimber

Make Social Security tax free. Weed the illegals and the dead off of the rolls.


20 posted on 06/03/2016 3:30:52 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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