FDR and the Laws of 1933 & 34. Worth research.
Uber-wealthy, elite and politicians are battening down the hatches.
Deficit:Last month, gov’t spent $218 Bn, but took in $153 Bn. $65 Bn short.
Now on: Law of 1933
Dept of Ag
Discussion of the Ponzi scheme of SSI.
Unfunded liabilities....now over $108 Trillion.
Bernacke on housing.
These presidents have talked about the issues with Soc. Security (OK until 2037, 2017 for Medicare):
Reagan (talked about it for 30 years)
Bush
Clinton
Bush
This year, SSI is in the red.