GOV. RICK PERRY: Social Security is " a monstrous lie a ponzi scheme
Perry Campaign: Remember When Romney Compared Social Security to a Criminal Enterprise? [quote from Romney's book] " What would happen to the bankers responsible for misusing the money? They would go to jail. But what has happened to the people responsible for the looming bankruptcy of Social Security? They keep returning to Congress every two years. [end quote]
"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
The Obama administration and many economists have warned of economic catastrophe if the United States does not raise the amount it is legally allowed to borrow by August 2.
MITT ROMNEY [09-08-2011 GOP PRIMARY DEBATE] "I will make sure that we keep the program and we make it financially secure. We save Social Security. And under no circumstances would I ever say by any measure its a failure. It is working for millions of Americans, and Ill keep it working for millions of Americans. And weve got to do that as a party.
It did not work. Neither the Goldwater narrative nor the he sucked as Governor narrative worked for Carter because, quite simply, the public had given up on him.
The greatest lesson to take away now is that the media is going to again fixate on Goldwater from 1964 and Kerry from 2004, and they will probably mostly ignore the most historically relevant election points Carter in 1980 and George H. W. Bush in 1992.
History doesnt repeat itself. The media does.<<<
Charles Ponzi, small potatoes compared to DC Politicians
MITT ROMNEY - a self-centered, lying, used car salesman. A sickening thought that he may be the R candidate.