This is why Social Security is going broke. Congress raids it in the middle of the night.
I never really thought of where the money was coming from when they increased the budget ceiling.
1 posted on
11/04/2015 4:20:53 AM PST by
FR_addict
To: FR_addict
we committed to give 150B to Iran...It had to come from somewhere..
2 posted on
11/04/2015 4:24:39 AM PST by
SGCOS
To: FR_addict
It is more than time to replace these legalized robbers and also create term limits.
3 posted on
11/04/2015 4:24:57 AM PST by
DaveA37
To: FR_addict
4 posted on
11/04/2015 4:25:52 AM PST by
FR_addict
(Ryan needs to go!)
To: FR_addict
They took $100 000 from me, and I’m SERIOUSLY triggered about it...
5 posted on
11/04/2015 4:26:43 AM PST by
Jim Noble
(Diseases desperate grown Are by desperate appliance relieved Or not at al)
To: FR_addict; diamond6; Yardstick
I have been told by Romneybots that this wouldn’t happen under saint Romney.
7 posted on
11/04/2015 4:30:04 AM PST by
Darksheare
(Those who support liberal "Republicans" summarily support every action by same.)
To: FR_addict; Old Sarge; null and void; Velveeta; Myrddin; Califreak; Salvation; WildHighlander57; ...
![](http://i48.tinypic.com/55gokj.jpg)
This is why Social Security is going broke. Congress raids it in the middle of the night.
Check out article and comments.
.
12 posted on
11/04/2015 4:40:53 AM PST by
LucyT
To: FR_addict
Build a wall around the capitol building with an electrified fence on top. Issue the inmates orange jump suits. How can 535 criminals working in tandem destroy a republic?
Debates in the House of Representatives on the First Report on Public Credit 18 February 1790
James Jackson (Ga.)
But it is doubted with me whether a permanent funded debt is beneficial or not to any country.
The same effect must be produced that has taken place in other nations; it must either bring on a national bankruptcy or annihilate her existence as an independent empire. Hence I contend, sir, that a funding system, in this country, will be highly dangerous to the welfare of the republic; it may, for a moment, raise our credit and increase the circulation, by multiplying a new species of currency; but it must, in times afterward, settle upon our posterity a burthen which they can neither bear nor relieve themselves from. It will establish a precedent in America that may, and in all probability will, be pursued by the sovereign authority until it brings upon us that ruin which it has never failed to bring, or is inevitably bringing, upon all the nations of the earth who have had the temerity to make the experiment.
http://oll.libertyfund.org/titles/875
19 posted on
11/04/2015 5:15:44 AM PST by
PGalt
To: FR_addict
Serious question. I see $150 billion is gone. What in the vote or legislation made it disappear, did they just reduce the money going into it? Or did the actually draw from it for another purpose. How does this work? (My legislators...Graham voted for this, Tim Scott voted against it as did Mark Sanford...all three received an email from me).
26 posted on
11/04/2015 5:45:17 AM PST by
ThePatriotsFlag
( Anything FREELY-GIVEN by the government was TAKEN from someone else)
To: FR_addict
Once again, the Dhimmicraps are trying to steal your money and keep you poor.
33 posted on
11/04/2015 6:04:31 AM PST by
TBP
(with the wrong hand)
To: FR_addict
Thieving bastards. They not only stole our children and grandchildren’s future, now they are stealing ours. Commie Democrats are pigs. Thieving pigs.
34 posted on
11/04/2015 6:08:13 AM PST by
FlingWingFlyer
(Have you ever noticed that we don't have a "Battle Hymm of the Democracy"?)
To: FR_addict
As per usual there is not a damned thing anybody can or will do about it, we the people could do something about it but that won’t happen we’ve surrendered are republic to thieving communists, we have the constitutional authority to DEPOSE a tyrannical government and WE FAIL.
We don’t all have to march on Washington every congress critter has an office the people can take back control right from there, yeah they were voted in to represent, but not to steal and abuse, yet we still fail, it seems the Spirit of America has grown old and weak, all in all government has become nothing more than entertainment to watch from the comfort of the couch.
41 posted on
11/04/2015 6:30:56 AM PST by
PoloSec
( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
To: FR_addict
What will they go after when they bleed SS dry?
45 posted on
11/04/2015 6:38:54 AM PST by
bgill
( CDC site, "we still do not know exactly how people are infected with Ebola")
To: FR_addict
Only idiots and the evil voted for Obama, or ANY of the Democrats.
They've lied to us, constantly, and really are
"Collapsing the System". And now, these "Useful IDIOTS" who voted for them, are buying the lies that "Obamacare was designed to work." ?
It was designed to fail from the start.
THEN ... THEY GO TO THE
"SINGLE-PAYER SYSTEM".
They've been sucking our wallets dry for over four years now on the "Obamacare" LIE.
AND NOW THEY WANT MORE TAXES ?
Our Founding Fathers would have hung them already!
Lets review:
Who was it that cut future funding for Medicare by $575 billion?
...the president and the Democratic Party successfully bamboozle voters... The 2012 election could turn on this falsehood.
The truth is that the Obama health law reduces future funding for Medicare by $575 billion over the next 10 years ...
Mr. Obama and Health and Human Services Secretary Kathleen Sebelius frequently make that false claim.
Indeed, even Medicare's mailings to seniors repeat the claim that reducing spending on Medicare will make it more financially secure for future years.
The fact is that Mr. Obama's law raids Medicare.
Who was it that moved Medicare Trust Funds out of the "trust box" and into the General Revenue, replacing them with Government I.O.U.s?
Who was it that expanded Medicare and Medicaid to cover many, many more people than it was originally designed to cover?
The History of Medicare
In 1965, the Social Security Act established both Medicare and Medicaid. Medicare was a responsibility of the Social Security Administration (SSA), while Federal assistance to the State Medicaid programs was administered by the Social and Rehabilitation Service (SRS). SSA and SRS were agencies in the Department of Health, Education, and Welfare (HEW). In 1977, the Health Care Financing Administration was created under HEW to effectively coordinate Medicare and Medicaid. In 1980 HEW was divided into the Department of Education and the Department of Health and Human Services (HHS).
The first U.S. President to propose a prepaid health insurance plan was Harry S. Truman [DEMOCRAT]. On November 19, 1945, in a special message to Congress, President Truman outlined a comprehensive, prepaid medical insurance plan for all people through the Social Security system.
The plan included doctors and hospitals, and nursing, laboratory, and dental services; it was dubbed "National Health Insurance." Furthermore, medical insurance benefits for needy people were to be financed from Federal revenues.
Over the years, lawmakers narrowed the field of health insurance recipients largely to social security beneficiaries. A national survey found that only 56 percent of those 65 years of age or older had health insurance. President John F. Kennedy [DEMOCRAT] pressed legislators for health insurance for the aged. However, it wasn't until 1965 that President Lyndon B. Johnson signed H.R. 6675 (The Social Security Act of 1965; PL 89-97) to provide health insurance for the elderly and the poor.
On July 30, 1965, President Johnson signed the Medicare and Medicaid Bill (Title XVIII and Title XIX of the Social Security Act) in Independence, Missouri in the presence of former President Truman, who received the first Medicare card at the ceremony; Lady Bird Johnson, Vice-President Hubert Humphrey, and Mrs. Truman also were present. President Johnson remarked: "We marvel not simply at the passage of this Bill but that it took so many years to pass it."
Medicare extended health coverage to almost all Americans aged 65 or older. About 19 million beneficiaries enrolled in Medicare in the first year of the program. Medicaid provided access to health care services for certain low-income persons and expanded the existing Federal-State welfare structure that assisted the poor.
The 1972 Social Security Amendments expanded Medicare to provide coverage to two additional high risk groups disabled persons receiving cash benefits for 24 months under the social security program and persons suffering from end-stage renal disease.
...(continued at link)
So Democrats,
Sen Mark Kirk's
statement Thursday, Dec 1, 2011 ...
"There are 55 million Social Security beneficiaries that will see little or no extra cash from this 2012 tax holiday; instead, the dedicated payroll contributions meant to pay for future benefits are being diverted from the Trust Fund
and replaced with Treasury debt that does not even have a AAA credit rating.
Social Security was designed to be independent and free from the danger of Congressional manipulation,
and maintaining the firewall between the Social Security Trust Fund and general government funding is the best way to maintain the solvency of this important program.
Neither bill protects the Social Security Trust Fund
so I voted no. "
It's not our fault that
DEMOCRATS raided the Social Security Trust Fund. Let's remember ...
![](http://i816.photobucket.com/albums/zz84/swoosh285/Lockbox.jpg)
Not ALL are to blame for the empty lock box.
It's the Democrats Communists.
Let's take a deeper look.
Okay, then the DEMOCRATS need to shut up!!!
47 posted on
11/04/2015 6:40:22 AM PST by
Yosemitest
(It's SIMPLE ! ... Fight, ... or Die !)
To: metesky
To: FR_addict
Can a company steal from retirement accounts?
92 posted on
11/06/2015 4:54:16 AM PST by
jetson
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