The Democrat Majority Congress has to pay back those IOU’s sooner, rather than later. I’d hope they saved for a rainy day...
Democrat Majority Congress has to pay back those IOUs sooner
^
And Obama has been part of the spending problem since Democrats won the Majority in the 2006 mid-term elections
Obama tries to pretend he hates the megabanks (such as Goldman, who was his #2 contributor after the U. of Cal. in 2008), but he wants them to steal money directly from us in the form of the “cap and trade” private tax (and they would be only to happy to oblige).
So in spite of those facts, the megabanks are not to be trusted with retirement money. And I think that assertion is correct, although I can’t believe he really cares about seniors or anyone else outside his special constituencies, and only “cares” about most of them in an opportunistic sense.