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Obama Just Played His Big 'Trump Card' On The Debt Ceiling (Social Security)
Business Insider ^ | October 3, 2013 | Brett LoGiurato

Posted on 10/03/2013 10:18:06 AM PDT by Lancey Howard

Early Thursday morning, Potomac Research Group analyst Greg Valliere predicted that if the debt-ceiling deadline grew closer, President Barack Obama would play his "trump card" in the debate. He would remind seniors that if Congress doesn't raise the debt ceiling, seniors wouldn't get their Social Security checks.

"GOP strategists like Karl Rove surely know that it's just a matter of time before President Obama throws a game-changer — warning senior citizens that their Social Security checks won't be mailed because of John Boehner," Valliere wrote in a note to clients.

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


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: abortion; alinskytactics; bhoshutdown; deathpanels; democrats; obama; obamacare; shutdown; zerocare
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To: Lancey Howard

Obamacare is the vehicle to get the Democrats more people to threaten.


41 posted on 10/03/2013 10:58:46 AM PDT by Mike Darancette (The Presidency is broken.)
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To: Lancey Howard
"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies. ...Increasing America’s debt weakens us domestically and internationally. Leadership means that 'the buck stops here'. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."

- SENATOR BARACK HUSSEIN OBAMA (MARCH 2006)

42 posted on 10/03/2013 10:59:54 AM PDT by Lancey Howard
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To: St_Thomas_Aquinas
Imagine what they can do with healthcare.

Yep, that was their plan all along.

Ex: "The Republicans won't agree to an 10% increase in Obamacare spending this year, that will mean the death panel...uhh I mean health care board... will no longer authorize any cancer treatment. Hey don't blame us democrats! We WANT your child, mother, wife to get treatment, but those evil Republican are blocking us"

43 posted on 10/03/2013 11:00:49 AM PDT by apillar
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To: Lancey Howard; LucyT; null and void; Brown Deer
Look, this stuff about "default" is nonsense.

For one thing, although the language of the amendment could be clearer, the 14th Amendment is generally understood to require application by the Federal Government of liquid resources to payment of interest and principle on the federal debt ahead of any other payee.

There is plenty of cash flow from tax revenues to pay all amounts due on the federal debt.

As to other amounts normally paid, there may be some room for concern. But as to default, that is not going to happen no matter what happens to the debt limit.

The actual situation is that Congress and the Administration need to reduce spending to the amount of tax revenue.

Ryan's budgets don't do that either. They are structured to reduce the current account fiscal deficit to 2% of GDP--that will have the effect of adding a trillion dollars to the debt every three years. That won't fly either.

Bottom line facts are that the US does not produce sufficient economic utility (true GDP) to provide for funding all the things we want to spend money doing. So we have got to reduce what we spend money on.

44 posted on 10/03/2013 11:03:23 AM PDT by David
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To: Buckeye McFrog

“But how can that be? Isn’t that money in a SPECIAL TRUST FUND, with just MY name on it??”

An example of the generational lies the Democrats have pimped, that the US Media never DARED to question.


45 posted on 10/03/2013 11:06:07 AM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: Lancey Howard

2011 politifact:
http://www.politifact.com/truth-o-meter/statements/2011/jul/13/barack-obama/barack-obama-said-social-security-and-other-federa/

Half-true


46 posted on 10/03/2013 11:06:31 AM PDT by Mike Darancette (The Presidency is broken.)
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To: Lancey Howard

The directive to not pay social security is Obama’s death warrant.

He dare not sign it


47 posted on 10/03/2013 11:06:39 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: Lancey Howard

Well we all knew he would. I remember last time when Barry came on TV and said he could not guarantee that the SS checks would go out next month. What a crock.


48 posted on 10/03/2013 11:08:01 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: bert
The directive to not pay social security is Obama’s death warrant.

He dare not sign it

**********************

You're probably right, but with his mental challenges, who knows what he will do?

49 posted on 10/03/2013 11:08:16 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: bert

Agreed.
Even Ubama’s sychophant “mainstream” Democrat newsrooms would be unable to help him pin it on Boehner.


50 posted on 10/03/2013 11:09:40 AM PDT by Lancey Howard
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To: Lancey Howard

Hopefully, the federal government stay closed until at least October 16th. Do not give in Republicans!


51 posted on 10/03/2013 11:11:17 AM PDT by napscoordinator ( Santorum-Bachmann 2016 for the future of the country!)
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To: apillar

Granny ought to be scared
The regime is threatening their money and now has the power to deny them medical care based on their voting records.


52 posted on 10/03/2013 11:12:28 AM PDT by Texas resident (Watch the other hand.)
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To: Lancey Howard

Where’s the lock box?


53 posted on 10/03/2013 11:21:31 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: Lancey Howard

Get the tar and feathers ready. The last thing Elmer Fudd definitely wants is millions of retired people marching on Versailles on the Potomac. Unless he has a death wish.


54 posted on 10/03/2013 11:24:46 AM PDT by NTHockey (Rules of engagement #1: Take no prisoners. And to the NSA trolls, FU)
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To: Dapper 26

“Social Security is money that belongs to the contributors, not the government.”

Wrong. The current FICA withholding from me is used to pay current SS recipients. My children and grand children will have withholdings to pay for me.

There is no dedicated account for anyone paying the FICA withholding....


55 posted on 10/03/2013 11:29:35 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: CSM
Where’s the lock box?

Somebody told me it's in Area 51.

56 posted on 10/03/2013 11:33:05 AM PDT by Lancey Howard
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To: NTHockey
Wonder how granny and grandpa's kids will feel when their wonder boy exacts his revenge on poor grandma and grandpa......Obama would be wise to remember us ‘old folks’ have children who love us and don't want to see us hurt in all of this. Republicans MUST continue to clear away the RAT smoke (screen).
57 posted on 10/03/2013 11:34:37 AM PDT by liberalh8ter (The only difference between flash mob 'urban yutes' and U.S. politicians is the hoodies.)
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To: beethoven

That would be my first executive order...


58 posted on 10/03/2013 11:36:34 AM PDT by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: Dapper 26

“Social Security is money that belongs to the contributors, not the government.”

One more thing, when LBJ’s administration defended Soc Security at the USSC, they were successful because FICA was deemed a tax.

Sounds familiar.


59 posted on 10/03/2013 11:38:02 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: Uncle Miltie
Pass a bill funding Social Security, and make Democrats vote against Seniors.

BINGO

60 posted on 10/03/2013 11:46:04 AM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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