Harry Reid opens his yap "No Social Security Checks Without Debt Deal"

[osoab]

Nice round of fear mongering today. Echos what Obummer said during his presser on Tuesday.

Reid: No Social Security Checks Without Debt Deal (http://www.cnsnews.com/news/article/reid-no-social-security-checks-without-d)


WASHINGTON (AP) — Echoing President Barack Obama's warning, Senate Majority Leader Harry Reid says Social Security payments would stop if there is no deal to raise the government's borrowing limit by Aug. 2.


Speaking on the Senate floor, the Nevada Democrat said flatly that payments for veterans benefits and the military, as well as Social Security, would cease if the government defaults on its obligations. His statement goes beyond Obama, who said earlier this week that he could not guarantee Social Security checks will be issued on Aug. 3.


Later, a Reid spokesman said the senator meant to say the payments "could" stop, which would be consistent with the president's comments.


Republicans have called such statements scare tactics.


About 55 million Americans receive Social Security payments each month, totaling about $60 billion.


A paltry 60 billion a month compared to the grand scheme of things.

[Horn]

Yet the Crusades will continue.


http://www.youtube.com/watch?v=O9DHgnKeAxo

[Cebu_4_2]

A paltry 60 billion a month compared to the grand scheme of things.

Yes, notice what they cut first, you know priorities. He forgot to mention unemployment and food stamps, that would relly wake the sheeple but they would be glued to the jew tube getting brainwashed.

[ximmy]

Military funding and monetary aid to Israel to remain unaffected...

[Glass]

at 720 Billion a year It's not to be sneezed at. Trying to do some numbers but my calculator doesn't go high enough.

If they don't pay any benefits for just 3 Score and 17.7 years they will have paid down ALL of the debt to ZERO.

Problem solved.

[Joe King]

Isn't discretionary spending always the first to go in hard times? :confused:

After all, no one has any Right to SS benefits other than by grace of government.
..and that governments grace is starting to wear thin.

[osoab]

at 720 Billion a year It's not to be sneezed at. Trying to do some numbers but my calculator doesn't go high enough.

If they don't pay any benefits for just 3 Score and 17.7 years they will have paid down ALL of the debt to ZERO.

Problem solved.


Take out Iraq and Heroinistan and even more is possible along with a multitude of other things. DoAg and DoEd rank right up there too.

[willie pete]

What a Scum......here's a story from a year or two ago regarding; "How tha Hell did Harry Reid get so rich?"

Mark Noonan) – According to Open Secrets, Senator Harry Reid has a minimum net worth of $2,827,056.00, a maximum worth of $6,307,999.00 and an average net worth of $4,567,527.00. Why all the discrepancies?
Because our leaders, much as they set up campaign finance laws to protect themselves, have set up their disclosure requirements to hide things. They don’t really want us to know how much they have and thus the millions of dollars of variance possible in Reid’s fortune.
Still, taking that nearly $4.6 million average for Reid seems fair – if it’s really off, then it’s up to Reid to correct the record. And that is quite a rise for a man who endlessly reminds us was born poor.
I’m pretty sure I’m safe in saying that for everyone reading this, that is quite a lot of money. In fact, more money than any of us are likely to (a) ever have or (b) even know what to do with, if we did have it. Lots of people start poor, work hard, and get rich – in the private sector.
The problem, for Harry Reid, is that since he graduated college, there hasn’t been a lot of time outside of government service. Reid was elected to the State Assembly in 1966 and in the past 43 years (when Reid went from 27 years old to 70 – and your humble correspondent went from 2 to 45), the only gap in public service was the two years in the mid-70′s between his term as Lt. Governor and his service on the Nevada Gaming Commission. And during that time he ran for Mayor of Las Vegas, leaving little time to build up a fortune in the private sector.
Right now, as Senate Majority Leader, Reid earns $193,400.00 per year – a back-bencher earns $174,000.00.
Reid has been earning that 193 grand for a few years, but when he first entered the Senate in 1987, I think the Senate salary was about $125,000.00 per year. In order to build up $4.6 million dollars over the past 43 years, Reid would have had to sock aside – out of various government salaries – nearly $107,000.00 per year.
Does anyone want to believe that Reid has done this? That he has saved his government-salary pennies (including for all those years when he made far less than even $107,000.00 per year) and built up his fortune just out of the money we know he’s been earning since he entered public office? And what if Reid’s fortune is actually closer to the higher estimate of $6.3 million?
It’s just not credible that Reid has done this just out of his government salary. The man has raised 5 kids, through college. His various government salaries were enough to live on but how, with all the expenses, did Reid build up so much money? What did he do? How did he do it?
How does a man who’s “product” is legislation make so much money that he can build up more than four and a half million dollars of net worth?
Its small wonder that Reid believes in the power of government to make things good. They’ve certainly made things good for him. He’s risen from the son of a hard-rock miner to a fabulously wealthy Senate Majority Leader. Being in government, for Reid, has been like finding the pot of gold at the end of the rainbow. He hasn’t had to work for money, but he’s managed to acquire quite a lot of it.
But is this what we want? Do we want people who enter politics poor and leave it very rich? Nothing wrong with a poor man being in government. Nothing wrong with being a rich man in government. But to start poor and end rich while never doing anything in the private sector is a clear indicator of trading on one’s position.
And this is why Reid wants so desperately to remain in power – because it’s all he’s got.
The whole of Reid’s position in life has been built on his government office. Wealth, power and prestige, for Reid, are dependent upon his remaining in office. To lose office is to lose the ability to, say, build up another four million dollars. It’s not like Reid has any marketable skills for the private sector – even his skill as a lawyer is probably rusty as he hasn’t done any real legal practice since the 1960′s.
Reid, out of the Senate, is a nobody.
Reid is asking us to entrust him with 6 more years in the United States Senate. Before we do such a thing, it is fair for us to ask: “Reid, how did you become a rich man?”
All evidence indicates that Reid has enriched himself off his government position and unless we get evidence, from Reid, to the contrary, we daren’t re-elect him. Nevada is in trouble and we need leaders who are for us, not just living off us.

[Ponce]

I can see 55 millions old people marching on Washington DC........hey, hey, HEYYY, look at that crazy guy waiving a Cuban flag and screaming REVOLUTION, REVOLUTION.......HUMMMMMMMMM interesting.

[Sparky]

Haven't they been telling us that there's enough money in the Social Security Trust Fund to last until 2036? They should just use that money...

[Joe King]

Yep. They sure have. They just have to tax the people for it in order to give it back to them.

Minus shipping and handling fees, of course.

[Book]

What justification will they have for us maintaining our Social Security Number if they stop the ponzi scheme?

[Gaillo]

What justification will they have for us maintaining our Social Security Number if they stop the ponzi scheme?

Justification? Since WHEN has the .gov needed "justification" for anything they do? A bunch of BIG 'ol guns pointed at our heads is ALL the justification those clownfuckers need... let's party like it's 1917 (http://en.wikipedia.org/wiki/Bolshevik_Revolution)! ;D

[Joe King]

How 'bout we party like it's 1775 instead?

[po boy]

What justification will they have for us maintaining our Social Security Number if they stop the ponzi scheme?

Why maintain it now?

[Gaillo]

How 'bout we party like it's 1775 instead?

You first... I'll watch and learn.

[osoab]

Haven't they been telling us that there's enough money in the Social Security Trust Fund to last until 2036? They should just use that money...


Listen to Jan Schakowsky on WLS from Wed. She basically says that there is more than enough money for S.S. and that we little people just don't understand. http://www.wlsam.com/Article.asp?id=2237315&spid=17424 podcast at link.

You may want a barf bag handy before listening.

[Twisted Titan]

The more debt we pile on the quicker we get to zero hour....

whip it on nice and thick please.5

[Joe King]

Why maintain it now?

310


Because people tend to like getting more than they think they've actually paid for?

[mick silver]

not a word about cutting food stamp are welfare . hell the old people did work

[Joe King]

Aren't food stamps and welfare local/state programs? But if federal "money" is kicked in towards it, then yes, by all means shut it off.

People should get what they pay for and pay for what they get. Nothing more, nothing less.


Edited to add: And the same goes for buisnesses and govs, too.

[vacuum]

His statement is in line with my theory that this whole debt increase debate is a ploy to (1) make our government look like there is some type of checks and balances and it is acting responsibly, and (2) manufacture a crisis to justify QE3.

[solid]

not a word about cutting food stamp are welfare . hell the old people did work

Old people are less likely to riot the streets, loot, pillage, and burn. If they cut off welfare and food stamps, imagine what would happen.

[Dogman]

Old people are less likely to riot the streets, loot, pillage, and burn. If they cut off welfare and food stamps, imagine what would happen.

Bunch of critters would be looking for a real job, because they got voted out of their old one.

[osoab]

not a word about cutting food stamp are welfare . hell the old people did work


Its around 45 million on food stamps. 50 million on S.S. I am sure there is some overlap, but these two numbers equate to about 1/4 - 1/3 of the population.

Not good for the home team that's for sure.